Redemption: 10215,
Trustee: Walter S. Klee.

Appraised: $5,800,000.
Assessed: 1930, $5,600,000.
Security: First mortgage on land owned in fee, and also leasehold
 estate, in property located at the northeast corner of
Broadway and Liberty Streets in the downtown financial
district of Manhattan—and the 23-story office building
erected thereon, the 12 upper floors of which are leased to
the Westinghouse Electric and Manufacturing Company af
an annual rental which exceeds the interest on the bond
issue.
Note: The Obligor on these bonds is 150 Broadway Corporation,
 a wholly owned subsidiary of the Fred T. Ley interests.

Earnings:

1927
1928
1929
1930

Net available
for fixed charge=$493,630

“a4 675
24,008
J mee

Interest
“harges
263,250
“SR.080
0

Amortization
$119,500
126,500
134,000
142.000

7 Bast 44th Street Building (Hale Bldg.)
(New York City)
Leasehold 6%% Serial Bonds
Amount: $750,000.
Dated: September 1, 1926.
Maturity: 1932-1941.
Interest: March and September 1st.
Denominations: $1,000 and $500.
Taxes: 2% Federal—Penn., Conn., Vt., Maryland, District of
Columbia, Va., New Hampshire, Mass.
Redemption: 104 to 1931: then 103 to 1936—thereafter 102.

Prior Lien: The fee estate is mortgaged for $230,000.
Assessed: 1930, Land, $835,000; Land and Building, $1,775,000.
Security: Leasehold estate in land 81x 100'5” at Nos. 7 to 11
East 44th Street, in Manhattan, New York City, and the 18-story
 office building erected thereon. Lease extends to
1942, and is renewable for 21 years additional. Rentals
under lease range from $35,000 to $50,000 per annum.

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