Assessed 1930: $3,900,000. 
Appraised: 
Geo. R. Read & Co. and Chas. F. Noyes 
Company, Inc.,, at not less than.......... $4,000,000 
Junior Lien: $375,000 7% General Mortgage Bonds. 
Security: Fee estate in the plot of ground with an entire block 
front on John Street between Cliff and Pearl—192 feet front- 
age on John Street, 113 feet on Cliff Street, 55 feet on Pearl 
Street, and 196 feet rear and a 26-story modern office 
building, ground area 16,115 square feet. 
Building is in center of insurance district, and in Septem- 
ber, 1929, was over 90% rented, though completed in April. 
Present rentals (February 21, 1930)......... $665,000 
Vacancies (February 21, 1930)...........uu.. 9,500 
Excess of present rentals over interest and 
amortization ...... $495.000 
Price Range: January-May, 1930—9612-94. 
301 East 38th Street Building 
(New York City) 
First Mortgage Fee 1939 Sinking Fund 6% Bond Certificates 
Amount: $850,000. 
Dated: July 11, 1929. 
interest: January and July Ist. 
Maturity: July 1, 1939. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal-—Minnesota, Montana, Pennsylvania, Con- 
necticut, Vermont, California, Oklahoma, Maryland, West 
Virginia, District of Columbia, Michigan, Colorado, Kansas, 
Kentucky, Wyoming, Nebraska, Virginia. Iowa, New Hamp- 
shire and Massachusetts. 
Redemption: For Sinking Fund 101; otherwise 102, 
Trustee: Straus National Bank & Trust Company. 
Legal for the investment of trust funds in New York. 
Appraised: 
Slawson & Hobbs................... 
Mark Rafalsky & Company... 
Assessed 1930: $1,100,000. 
$1,320,000 
1.395.000 
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