Assessed 1930:
Lood covviecivnss sees 350,000
Land and Building.............. .......... 1,350,000
Guaranty: By the Club Hotel Corp. and Empire Bond and
Mortgage Corp., New York.
Security: Owner of Fee is Roman Catholic Church of the
Sacred Heart of Jesus and Mary. The lessee is Club Hotel
Corporation. Both join in the mortgage pledging the two
estates as security for these bonds. The land fronts on the
entire block from east side of Lexington from 23rd to 24th
Streets 197.6 x 50—and is improved with a 16-story resi-
dential hotel.
Earnings: The building has been in actual operation only one
quarter, and based on this quarter, the 1930 earnings are:
Available for interest charges................. $244,026
Interest charges ....... vere. 99,000
Film Center Building
(New York City)
First Mortgage Sinking Fund 6% Gold Bond Certificates
Amount: $1,900,000.
Dated: April 23, 1928.
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: As a whole at 102%; for sinking fund at 101.
Trustee: Ceniral Hanover Bank and Trust Co., New York.
Legal for Trust Funds in New York.
Appraised: Cushman & Wakefield, Inc., $2,850,000.
Assessed 1930: $2,000,000.
Security: Fee estate in plot fronting on the east side of 9th
Avenue between 44th and 45th Streets, Manhattan, and the
13-story film warehouse building erected thereon.
Earnings:
1929: Net available for interest....
Interest ..
$143,257.10
104.500.00
1.33
Times earned ........
seaenes
31