Trustee: The Foreman Trust and Savings Bank, Chicago, John
W. Bissell, co~trustee.

Security: Entire city block in Dallas, two blocks from Union
Depot, facing on four streets, and the building thereon, 80,~
000 sq. ft. floor space, 4,000 sq. ft. basement space, used for
the centralization and distribution of parcel post mail
Earnings: Leased to United States government for a term extending
 beyond bond-term at an annual rental of $59,900—
and of this sum $48,000 is paid to the Trustee to meet interest
 and sinking fund on these bonds—maximum interest
$33,600. Government also pays for heat, light, water and
maintenance of conveyor, thus reducing operating expense
to a minimum.

Boston Postal Service Station
(Boston)
First Mortgage 10-Year 5%% 1938 Sinking Fund Bonds
Amount: $650,000.
Dated: July 2, 1928.
Maturity: July 1, 1938.
Interest: January and July 1st.
Denominations: $1,000 and $500.
Taxes: 2% Federal—All State taxes up to % of 1%—D. C. 5
mills, Mass income 6%.
Redemption: 101.
Trustee: Old Colony Trust Company, Boston.

Appraised:
Land by Henderson & Ross at.............. $289,413
Land by Arthur J. Pearce, Jr............... 267,975
Building, Burtis Brown.........c.co0vvevenn. 743,000
Building, Bernard Miller......... 764,000
Lowest total appraisal... . vere wumsiess  LOIOSTB
Security: Fee in southeast corner Ipswich Street near Boylston,
Back Bay district, and 3-story building—total 127,000 sq.
ft. floor space, equipped with ramps—storage space for Post
Office motors and vehicles, and service station.
Earnings: Entire building leased to U. S. Government for period
extending beyond bond-maturity, at annual rental of $72,240.
Maximum bond interest $37,750.

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