National Tower Building 
(New York City) 
First Mortgage Fee and Leasehold Sinking Fund Gold 614% 
Amount: $2,000,000; outstanding, $1,500,000. 
Dated: Oct. 1, 1924. 
Maturity: October 1, 1944, 
Interest: April and October 1st. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal—Penn. 4 mills. 
Redemption: 104 to 1927; then 103% to 1930; less ¥4% for each 
year thereafter. 
Trustee: Empire Trust Company, New York. 
Guarantee: Principal and interest guaranteed by endorsement 
by R. Sadowsky, Inc. 
Appraised: 
Brown, Wheelock, Harris Vought & Co.. Inc. $3,000,000 
Albert B. Ashforth............ 3,500,000 
Assessed 1930: 
Land .....onvhuiiis. 2,455,000 
Land and Building..........cccovvevnean.... 4,400,000 
Security: Land and building owned in Fee (20-story addition), 
and leasehold estate in the land and building (12 stories) 
located at 37th Street and Broadway, fronting 130 feet on 
Broadway, 154 feet on 37th Street and 100 feet in the central 
part of 38th Street. The easterly 100 feet of the property 
extends from 37th to 38th Streets, approximately 197 feet. 
Earnings: Information on earnings withheld. 
Allerton Fifty-fifth Street Corporation 
{Northeast Corner Madison Ave. and 55th St, New York City) 
First Fee 5%% 1945 Sinking Fund Loan 
Amount: $1,300,000; outstanding (12-31-28), $1,185,000. 
Date: February 1, 1925. 
Maturity: February 1, 1945. 
Interest: February and August 1st. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal—Penn,, Conn., Ky., Mich., Va., Mass. 
Redemption: In whole at 101—for sinking fund 103 to 1930; 
then 102 to 1940: thereafter 101. 
' V.