STRATFORD HOTEL BUILDING, Seattle, Wash.
FIRST MORTGAGE 7% GOLD BONDS, (LEASEHOLD)
een $765,000 $3,000; 1929, $6,000; 1930 and 1931,
€.000 $7,000 each; 1932 and 1933, $8,600 each;
1934, $9,000; 1935, $10,000; 1936, $11,000;
1937 to 1940, $12,000 each; 1940, $48,000.
Interest Payable: April and Oct. 1.
interest and Principal Payable: At
{fice of W. D. Comer & Co., Seattle
Trustee: W. D, Comer.
Registerable: Coupon Bonds register.
ple as to principal.
Denominations: $100, $500, $1,000.
Callable: After three years, at 102.
Tax Status: Federal income tax 2%
paid by borrower.
Mortgagor: Andrew Burns.
Offered by: W. D. Comer & Co., Seattle,
 April, 1927, at par.

Authorized ..
Retired

Outstanding, Jan. 1, 1930.....
Dated: April 1, 1927. Due- es
1928-1940.
Property: Land, 60x111, helu under
99-vear lease, improved with 7-story,
concrete fireproof hotel building, containing
 125 rooms.
Location: Southwest corner of Third
Avenue and Seneca Street.
Security: First lien on the 99-year
leasehold interest in the land, building
and equipment, and all income therefrom.

Maturities: Oct. 1 of each vear: 1928.

STUDIO BUILDING, Portland, Oregon
FIRST MORTGAGE 6% BOKXDS
£21€ C00 1928, $8,000; increasing $500 annually to
25.500 Jan. 1, 1938, $13,000; 1939, $94,500.
- Interest Payable: Jan. and July 1.
Ry Interest and Principal Payable: At
rustee’'s office.
Trustee: Equitable Trust Co.
Denominations: $100, 3500, $1.000.
Tax Status: 29% tax exemption.
Hortgagor: J. R. Ellison and C. H
nite,
Offered by:
Portland. Ore

Authorized ....__
Retired .....

Dutstanding, June 1, I
Dated: Jan. 1, 192.
Due: Serially, 1928-1939. -
Property: Eleven-story fireproof
building.
Loeation: Northwest corner West
Park and Taylor Streets, Portland, Ore.
Security: First mortgage on land
and building.
Maturities: Jan. 1 of each vear:

SUMPTER VALLEY RAILWAY, Baker, Oregon
FIRST MORTGAGE 6% SERIAL GOLD BONDS
......3650,000 Interest Payable: Jan. and July 1.
20.000 Interext na Principal Payable: At
— trustee's office.
Outstanding, June 1, 1930 $620,000 T : i C .
Dated: Jan, i, 1927. Due: 1929-1942. ,agustee: Equitable Trust Co.. Port
Property: Narrow-gauge steam rail- ! i le: Lo.
road, connecting Baker, Ore., with Prai- Registerable: As to principal.
rie City, Ore., a distance of 79.63 miles, Denominations: $1,000, $500.
Security: First mortgage on all fixed Callable: In inverse order of maturassets
 and guaranteed by David Eccles ty on any interest date at 103. on 30
Co. days’ notice.
Maturities: Jan. 1, each year: 1929- Tax § : 20 t
1910, $15,000 each vear: 1941. $20.00.: ax Status: 29% tax exempt.
1942 $£450.000 Offered by: Lumbermans Trust Co.

TACOMA MASONIC CORPORATION, Tacoma, Washington
FIRST MORTGAGF 31%% SERIAL GOLD BONDS (CLOSED MORTGAGE)
Authorized ..._..... +285,000 000; 1934, 1935, 1936, $6,000; 1937, 1938,
Retired | 4,000 1939, $7,000; 1940, 1941, $8,000: 1942,
1943, $9,000; 1944, 1945, $10,000; 1946.
1947, $11,000; 1948, $147,000.
‘nterest Payable: Dec. 1 and June 1.
.nterest and Principal Payable: At
ustee’'s office.
Trustee: The Bank of California.
i. A, Tacoma, Wash.
Registerable: As to principal.
Denominations: $1,000 ($500 in last
maturity only).
Callable: On any interest date on 20
lays’ notice, in whole or part in inrerse
 order of maturities at 101.
Tax Status: Borrower pays normal
Federal income tax not exceeding 29%.
Offered by: Peirce. Fair & Co.. Seattle.
 Dec... 1928