MEDICAL AND DENTAL BUILDING, Vancouver, B. C.
FIRST: (CLOSED) MORTGAGE 6% SINKING FUND GOLD BONDS
Authorized & Outstanding. _......$1,000,000 Registerable: Coupon bonds, regis-Dated:
Feb. 15, 1929. terable as to principal only.
Due: Feb. 15, 1944. Denominations: $1,000, $500.
Property: Fifteen-story Class A con- _Callable: At 103 on or before Feb.
crete building. 80,000 sq. ft. of store 15, 1934; thereafter at 102 to and inand
office space. Contains hospital, cluding Feb. 15, 1939; thereafter at 101.
library and auditorium. 7,800 sq. ft. Sinking Fund: Beginning at end of
of rentable area on ground floor. Ga- second year to retire not less than
rage space for 300 automobiles. Ap- 15% prior to maturity. Purchase of
praised at $1,702,179. >onds in open market up to and includ-LGEntions
! Northwest corner of ng the call price, if not so available
Georgia and Hornby Streets, one block I wy lot. deduction for U. S.
from ihe Vancouver Hotel and Georgia Federal income tax not in excess of
Security: A closed first mortgage on a Hl refund io Ualis holoers perthe
building and land owned in fee. } property er 8 mills,
Mortgagor: Vancouver Properties,
Interest Payable: Feb. 15 and Au- Ltd.
gust 15 at the Canadian Bank of Con Legal Opinion by: Davis. Pugh, Damerce
in Vancouver, B. C., Seattle, vis, Hossie, Ralston & Lett, Vancouver,
Wash., or San Francisco, Calif. B. C.
Trustee: The Royal Trust Co. Van- - Offered by: Blyth & Co., March.
couver. B. C 1929. at 99.
MONTE CRISTO HOTEL COMPANY, Everett, Washington
FIRST (CLOSED) MORTGAGE 612% GOLD BONDS
"199,000 Interest and Principal Payable: At
24,000 trustee's office.
= Trustee and Registrar: The Security
0 National Bank of Everett, Wash.
Registerable: As to principal only.
Denominations: $500, $1,000.
Callable: In numerical order on any
interest date on 30 days’ notice at 102.
Sinking Fund: One-twelfth of annual
requirements tor interest and
principal, deposited with trustee each
month. Surplus revenue after dividends
and fixed charges, must be used
to call bonds at not exceeding call
price.
Tax Status: No deduction of Federal
income tax not in excess of 29.
Mortgagor: Monte Cristo Hotel Co.
Offered by Blyth, Witter & Co..
Sept. 1. 1924
Authorized .._.._
Retired ..
Outstanding, May 10, 1950
Dated: Sept. 1, 1924,
Due: Serially, 1928-1939.
Property: Five-story, fireproof hotel
building of 132 guest rooms, banquet
hall and store rooms.
Loeation: On northeast corner of
Wall Street and Hoyt Avenue in the
City of Everett, Wash.
Security: First mortgage on building,
its equipment, furniture and fixtures
and land upon which the hotel
is located. Appraised at $471,266.
Maturities: On Sept. 1, of each year;
1928 and 1929, $12,000 each; then increasing
$1,000 each year, to and including
Sept. 1, 1939.
Interest Pavable: Mar. and Sept 1.
MORGAN BUSHONG INVESTMENT CO., Portland. Oregon
FIRST MORTGAGE LEASEHOLD 69% SERIAL GOLD BONDS
Authorized ...... .....$500,000 Interest Payable: Jan. and July 15.
Retired ..... ce eeeeaaeeeeneee 40,000 Interest and Principal Payable: At
. - trustee's office.
Outstanding, June 30, 1929 $460,000 Trustee: Equitable Trust Co. Port-Dated:
July 15. 1927 Matures: Julv ‘and, Ore.
15. 1947. Callable: On 30 days’ notice at 102
Property: Leasehold, expiring Jan. yn any interest date in inverse numeri-19,
1963, on 100 ft. by 200 ft. improved ral order.
with an 8-story reinforced concrete of- Sinking Fund: One-sixth of semi-anfice
building called the Morgan Dlds. qual interest and one-twelfth of annual
Loeation: South side of Washington maturity deposited with trustee before
St., between Broadway and Park St, l0th of each month. Rental fund of
Portland, Ore. 56,000 must be kept with trustee to
Security: First mortgage on lease- protect ground rent. For extraordinary
hold and building. repairs, monthly payments of not ex-Maturities:
July 15 of each year: ceeding $833 paid to trustee, until $66,-315,000,
1928-1929; $16,000, 1930; $17,000, J00 is accumulated. Net earnings for
1931; $18,000, 1932; $19,000, 1933; $21,000, 3 vears to be paid to trustee until fund
1934; $22,000, 1935; 23,000, 1936; $24,000, f $75,000 is accumulated to retire
1937: $26,000, 1938; 27,000, 1939; $29,000, yonds.
1940; $31,000, 1941; 33,000, 1942; $35,000, Tax Status: Company pays normal
1943; $37.000, 1944; .39.000. 1945: 241.000. % Federal income tax.
i946: 12.000. 192" Dffered by: Lumbermans Trust Co