REAL ESTA.
459
MOUNT BAKER BUILDING, Bellingham, Washington
FIRST MORTGAGE SINKING FUND 6% GOLD BONDS
Authorized & Outstanding............$200,000 Interest Payable: Apr. and Oct. 1,
Dated: Apr. 1, 1927. at trustee's office.
Due: Apr. 1, 1942. Trustee: First National Bank, Bel-H
r
Property: Theatre and mercantile lingham, Wash. i.
building erected in 1927 at a cost of Registeralie: As to principal,
$301,000. Lot 250 by 132%. Containing Callable: At 101 on 60 days’ notice.
16 store rooms and Mt. Baker theatre. Sinking Fund: Sufficient to retire
A . $10,000 per annum, 1930 to 1937; there-Loeation:
Corner of Commercial and after to 1941, incl, $15.000 per annum.
Champion Streets, in retail sections of Tax Status: Company pays normal
Bellingham, Wash. Also Douglas pederal income tax up to 2%.
Building, containing 2 stores, valued at Mortgagor: Bellingham Development
$43,000, and leased until 1976. Zo. (F. D. Stimson, Pres.; J. F. Dougsecurity:
First mortgage on lease- ‘as, Vice Pres.; A. Scott Bullitt, Treas.;
hold estate and buildings thereon in- Walter Douglas, Sec'y.)
cluding both Mt. Baker and Douglas Offered by: Dean, Witter & Co.
buildings. April, 19217.
NORTHCLIFFE APARTMENTS, Seattle, Wash.
6% FIRST LIEN COLLATERAL GOLD CERTIFICATES
Authorized & Outstanding............$165,000 $8,500, Apr. 1, 1936; $8,000, Oct. 1, 1936;
Dated: Oct. 1, 1927. $8,500, Apr. 1, 1937; $74,500, Oct. 1,
Due: Serially, 1930-1937. 1937.
Property: A five-story and basement Interest Payable: Apr. and Oct. 1.
brick and concrete apartment house interest & Principal payable: At
and one-story concrete garage. 162 office of Murphey, Favre & Co., Sporooms;-
49 three and four-room apart- kane, Portland and Seattle, or trustee's
ments, 34 furnished. Contains a kitch- office.
en, dining room and ballroom. Trustee: Union Trust Co. of Mary-Location:
Southwest corner of Boren land, Baltimore, Md.
and Seneca Streets, Seattle, Wash, Denominations: $1,000 and $500.
within ten blocks of the financial and Callable: On any interest date after
retail districts. years at 102.
Security: $190,000 First Mortgage Sinking Fund: Monthly payments by
Serial Gold Notes issued by John 8S. john 8. Hudson, Inc, to First Seattle
Hudson, Inc. and secured on the North- Dexter Horton National Bank begincliffe
Apartments. Valuation of prop- ning Oct. 1, 1927, to be applied to intererty,
$320,000. A direct obligation of 2st and principal and gradual reduction
the Mortgage Security Corporation of of the notes held as collateral for this
America. issue.
Maturities: $2,000 each, Oct. 1, 1930, Mortzagor: John S. Hudson, Inc.
Apr. 1, 1931, and Oct. 1, 1931; $5,000 Legal Opinion by: DBurcham & DBlair.
each, Apr. 1, 1932, and Oct. =~ 1922; Spokane, Wash.
38,500, Apr. 1, 1933; $8,000, Oct. 9c. Offered by: Murphey. Favre & Co.
$8,500, Apr. 1, 1934; $8,000, Oct. i, .9.:+, Oct.. 1927. at par.
$38. 500. Apr. 1. 1935: $8.000, Oct. 1. 1935:
®
NORTHERN LIFE TOWER, Seattle, Wash.
FIRST (CLOS:I ""M"RTGAGE 5% SERIAL GOLD BONDS
Tneeo ¢ Interest Payable: June and Dec. 1.
ro) Interest & Prineipal Payable: At
trustee's office.
Trustee & Registrar: First Seattle
Dexter Horton National Bank of Seattle.
Registerable: As to principal only
in denominations of $1,000.
Denominations: $1,000, $500, $100.
Callable: All or part at 101 and accrued
interest in inverse order on or
after June 1, 1934.
Tax Status: Normal Federal income
tax paid by company up to 29%.
Mortgagor: Northern Life Insurance
Company.
Legal Opiniom by: Chadwick, Mec-Micken,
Ramsey & Rupp, Seattle.
Offered by: Group of Seattle banks
in June, 1928, at par.
Listed on: Seattle Stock Exchange.
Trice Range: 1928. 9934: 1929. 99%-0D
Authorized ...
Retired ...
Outstanding, July ©. 7¢
Dated: June 1, 1928
‘930-1938.
Property: 27-story modern fireproof
steel-frame office building, 140,000 sq.
ft. of rental space. lL.and owned in fee,
frontage 120 feet on Third Ave. and 111
feet on TTniversity Street.
Location: Southeast corner of Third
Ave. and University Street, Seattle,
Wash. Center of business section, midway
between financial district and
retail district.
Security: Direct first closed mortgage
on land owned in fee, and the
building. Direct obligation of the
Northern Life Insurance Company of
Seattle.
Maturities:: Annually on June 1 of
each year; $100,000, 1930 to 1934, incl.;
5125.000, 1935 to 1937. incl.; $200.000,
hug
