Maturity: April 1, 1930 to 1940.
Interest: April and October 1st.
Denominations: $1,000, $500 and $100.
Taxes: 2% Federal—Any state income up to 6%; personal
property up to 5 mills,
Redemption: After April 1, 1931, 102%; after April 1, 1933, 102.
Trustee: International Germanic Trust Company, New York.
Legal for Trust Funds in New York.

Appraised (1928) A. V. Amy & Co... ceneee.. $1,089,000
Assessed 1930: Land and Building .................. 725,000
Security: Fee estate in land fronting 97.6 inches on the north
side of West 70th Street, depth 100 feet—10-story residential
club hotel erected thereon."
Earnings:
1929 net income available for interest and
amortization .......... dessin
Interest and amortization......... Cees
Price Range: Jan.-Mavy, 1930-—91-91,

The Pennsylvania Building
(New York City)

First Mortgage Fee Sinking Fund Gold 6%
Amount: $4,000,000; outstanding, $3,640,000.
Dated: May 1, 1924.
Maturity: May 1, 1939.
Interest: May and November 1st.
Denominations: $1,000, $500 and $100.
Taxes: 2% Federal—Pa., Conn., Mass.
Redemption: 103 to May 1, 1929-102 to May 1, 1934; thereafter
 101.
Trustee: American Trust Co., New York.

Appraised:
Joseph P. Day, Inc.,, and Fenimore C. Goode

Con «onvnnn $6,250,000
Assessed 1930 ....... ... ....vv. Lo ..... 5,650,000
Security: Fee estate in plot of ground with a frontage of 154
feet on 34th Street, opposite Long Island R. R. station
entrance to the Pennsylvania Station. The land extends
through the entire city block to a frontage of 75 feet on

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