Maturity: April 1, 1943. 
Interest: April and October 1st. 
Denominations: $1,000, $500 and $100. 
Taxes:' 2% Federal—Pa., Conn., Vt, Md, D. of C, Va, N. H,, 
Mass. 
Redemption: For sinking fund 101-—otherwise 102. - 
Trustee: Central Hanover Bank and Trust Co., New York. 
Legal for Trust Funds in New York. 
Appraised: 
Slawson & Hobbs. ............. $1,000,000 
J. Irving Walsh............. 1,000,000 
Assessed 1930 ...oiiiiiiiiiiiiii eae 775,000 
Security: Fee estate in land 102% x 67, and the 16-story apart- 
ment building erected thereon at the southwest corner of 
Waverly Place and Sixth Avenue, New York City. 
Earnings: Information requested, but withheld by the owners 
and the underwriters. 
Liggett Building 
(Northeast Corner 42nd St. and Madison Ave., New York City) 
First Mortgage Leasehold 1952 Sinking Fund 5%% Bonds 
Amount: $4,000,000; outstanding 10-17-29, $3,836,000. 
Dated: August 1, 1927. 
Maturity: August 1, 1952. 
Interest: February and August 1st. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal. 
Redemption: As a whole at 105; for sinking fund 105 to 1938; 
103 to 1948; 102 thereafter. 
Trustee: Chase National Bank, New York. 
Assessed 1930: Land, $5,150,000; Land and Building, $8,550,000. 
Security: Leasehold estate in the land 147 x 134 on the north- 
east corner of Madison Avenue and 42nd Street, New York 
City, and the 22-story office and store building erected 
thereon. The lease expires in 1941, but has a renewal 
privilege for two terms of 21 years each. at a rental of 5% 
appraised value of ground. 
Earnings: The building has been sub-leased to the Louis K. 
Liggett Company, who owns all the stock of the building 
2]