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The Brooklyn Daily Eagle from Brooklyn, New York • Page 23

The Brooklyn Daily Eagle from Brooklyn, New York • Page 23

Location:
Brooklyn, New York
Issue Date:
Page:
23
Extracted Article Text (OCR)

Till; UilCOIvIAlN DAILY EAGLE, SEW YOKK, I'M DAY, SErXE.UUE.l 11, 11CS. v. 1 23 LOANS TO BROKERS S57.55 DIIVDEND BY INDIAN REFINING Information Conducted by for Investors P. M. Bungt.

This advertisement does not represent an offering of stock but appears as a matter of record only Curtiss Flying Service, Inc. (INCORPORATED UNDER THE LAW'S OF DELAWARE) The following is quoted from a letter dated September 12, 1928 from Mr. C. M. Keys, Chairman of the Board cf Curtiss Flying Service, Inc.

and President of the Curtiss Aeroplane Motor Company, Inc. lias Bethlehem Steel for 9 Years. I have a few hundred shares of Bethlehem Steel which stand me bout $125 a share. For years I have held It In anticipation of selling for at Kast 100. I am nearly at the end of my rope.

In your opinion, when will it pay dividends? I know the stock has a large book value, but dividends is the only thing that will help me. A. A. W. A.

Your question Is a difficult one. It Is apparent that the management of Bethlehem Steel is more Intent on building up the property than paying out dividends, and' I am in no position to state when they will decide on a change of policy. The company is In a position to pay dividends now and has been for several years. Net income equal to $7.48 a share In 1026 and $5 In 1927 was probably an understatement of profits rather than an overstatement. Prospects are good.

Prices for steel are Improving. I would not be surprised to see some dividends In the early part of next year. While It Is too much to think that you will see $125 a share for the stock In the near future, I think you would be Justified In keeping the stock News of Bankers and Banks 1 1 Curtiss Flying Service, Inc. has been organ- ized under the laws of Delaware. It has acquired the entire capital stock of Curtiss Flying Service, of New York, heretofore owned by Curtiss Aeroplane Motor Company, Inc.

Under its former name, Curtiss Exhibition Company, many of the early exhibition flights were given by the most noted of the pioneer pilots in many of th" countries of the world. After the War the business of the company was re-established at Curtiss Field, Mineola, New York. Most of the activities at Norfolk, Buffalo and Atlantic City, as well as at other points, became concentrated at this one field. The Company has been successful and able since the resumption of its activities in 1 919. It employs a fleet varying from ao to 30 airplanes, carries on a successful training school and furnishes a general flying service, not including scheduled flights on organized lines, to New York City and vicinity, The purposes of the present expansion are to expand and multiply the commercial market of the Curtiss Aeroplane Motor Company by establishing well organized and well financed agencies at all the important cities of the country, to set up and operate schools for primary training at all these important cities and to equip these schools with the most modern and up-to-date equipment and man them with pilots experienced in training men, and controlled under the discipline of a well organized company.

These established fields will also carry on the same type of flying that has been carried on for so many years successfully at Mineola. The Company also has, under its charter, the right to enter into transportation by air for the carriage of mail, passengers and express and to contract with the United States Government, or Foreign Governments, for this service. A survey of the country has been going on for more than a year looking to the establishment of these fields and agencies and all the officers of the Curtiss Company have become firmly convinced that there is a keen demand at all important centers for thoroughly up-to-date training schools and that in many centers flying is held back because of the lack of such schools. There will also be established three advanced training schools; one on the West Coast, one on the East Coast and one in the Middle states. All the leaders of aviation, particularly the Guggenheim Foundation and Colonel Lindbergh, have publicly advocated the establishment of such ad vanced schools and at different times leaders of aviation have gone so far as to advocate the subsidizing of these schools by the Government for the sake of raising the standard of public flying in the United States and so furnish a large body of highly trained pilots as a measure of National Defense.

From our survey of conditions, we do not consider that any subsidy is necessary but believe that these advanced schools, which will turn out highly trained pilots, will not only be self supporting but will be quite profitable over a period of time. The establishment of exclusive nation-wide agencies for the distribution of the products of the Curtiss Aeroplane Motor Company, of course, presupposes a complete line of such products to sell. The establishment of these agencies is, therefore, linked up definitely with the present expansion of the Curtiss Company's plants, for which purpose approximately 800,000 is to be spent by the Curtiss Company. The products of that company will be an almost complete line of planes and motors, ranging from the small low-priced sturdy airplane of low power to the largest transports capable of carrying 10 to 20 passengers and including also fast commercial planes of semi-military type, Wil planes, etc. The commercial motors either already completed or in process range from a small motor, suitable for the individual pilot, to motors of 600 H.P.

and upward and also include both water-cooled and air-cooled motors designed for the purposes for which they are respectively best suited. This commercial output and also the organization, equipment and operation of the fields and agencies above described should be in full swing by the beginning of the flying season of 1929. At the outset the organization of the Flying Service will be manned largely from the experienced personnel of the Curtiss Company itself and its affiliated companies, as well as from a list of hundreds of men who have graduated from the Curtiss organization, located and carrying on aviation activities in practically all parts of the country. Curtiss Flying Service, Inc. of Delaware has an authorized capitalization of 2,000,000 shares no par value capital stock of which 750,000 shares are to be presently outstanding and 250,000 reserved under option.

Of the stock to be presently outstanding, 75,000 shares are to be issued in payment for all of the capital stock of Curtiss Flying Service, Inc. of New York and 675,000 shares have been sold privately, Banker Noncommittal The first statement regarding the rumored merger between the Municipal Bank ot Brooklyn and the Seventh National Bank, Manhattan, was made today by Harry H. Revman, president of the latter institution, In which he neither confirmed nor denied the reports, but pointed out that they were unauthoritative. Simon H. Kugel, chairman of the Municipal, has not commented on the situation, while at the offices of Harold Spielberg, whose announcement some days ago of a pending bank merger was construed in some quarters as referrine to the Munici pal and Seventh National, it was asserted that nothing further could be disclosed until next week.

"In the event of any definite de velopment with respect to a merger Involving the Seventh National Bank," Mr. Revman said, "any information or statement, to be authoritative, would necessarily have its origin in an omciai statement oy an omcer of the bank. 'Stock control of the Seventh Na tional Bank is held by the indi viduals comprising its board of di rectors and, if any announcement 13 10 ne maoe regarding; such a develop ment, it will be forthcoming at the proper time irom tne spokesman lor this bank." Historic Stones on Bank Front, Two stones, each 131 years old. yes terday were set into the ultra-modern front of the new Bank of New York and Trust Company building at the northeast corner of Wall and William Manhattan. No ceremony The Day's New Investments Inquiries concerning lnrestinsota (a stocks and bond should be sent to Information (or Inrestors, Brooklyn Dally Eagle, SOS Wash Lofton at, Brooklyn.

All Inquiries most be signed with the name and address of tbi writer. Name will not be published. All question will held In strict eonkdract, and names will not be divulged to any one. The Eagle cannot undertake to give advice on speculation of in tended peralatlTe pure hate of securities. Stamped envelopes should accompany requests for replies by malL Ni ehargo of any kind Is entailed tn this onrrlce.

a little longer, particularly since you have been able to keep It for nine years. It you really get to the end ot the rope, a sacrifice of part of your holdings might be considered. on Merger Reports. marked the setting of these historic pieces. One stone, set in the building on the Wall st.

corner, is the original cornerstone of the old Bank of New York and dates back to 1797. The stone was laid June 22 of that year by (Julian Verplanck, then president of the bank. The second stone, which has been set in the front of the building at the 48 Wall st. entrance, marked the site of the adjoining building acquired by the New York Life Insurance and Trust Company, which was merged with the Bank of New York in 1822, and indicated the site of the old United States Branch Bank. The new building of the Bank of New York and Trust Company was erected on property which was purchased by the Bank of New York in November, 1796, from William Constable for.

a consideration of 11,000 new YorK currency, or approximately 130.000 at that time. Alexander Hamilton was one of the founders of the institution and drew up the articles of incorporation. To Discuss Bank Taxation. Plans of a number of State tax commissioners to bring about amendment of the Federal statute relating; to State tillttttrm nf notlnnol banks have led the officers of the American Bankers Association to arrange for a special conference on bank taxation at the annual convention of the organization In PhilnHelnhio Oct. 1-4.

The conference will be neia tne morning or Oct. 1 at the Bellevue-Stratford Hotel, the convention headauArtera. nnrfer th faint auspices of-the Committees on Fed- eitu una oiate raxauon. Western Power Bonds. Additional flnancHg for Western Power, Light and Telephone Company is offered in the form of .800.000 first Hen collateral 20-ycar 6 percent, acnes gold bonds, due Feb.

1. 1948, at 100 and Interest, bv A. B. ieacn as uo, ana Porter, Fox Inc. School District Bonds.

Offering of a new issue of $600,000 West Haven School District, West Haven, 44 and 4tt percent gold bonds is being made today by Remlck, Hodges cfe Co. The bonds ara due 1930 to 1959 ar.d are priced to yiem 4.60 to 4,20 percent, according to maturity. They are legal invest ment lor savings banks and trust funds In the State ot Connecticut. 14,550,521.52 A UP $95,982,000 Total for the Week of Sept. 12 Wat $4,385,191,000.

Loans on stocks and bonds to brokers and dealers by reporting Federal Reserve member banks In New York City on Sent. 12, increased during the week to against $4,289,209,000 on Bept. ana $3,249,261,000 on Sept 14. 1927. Detailed figures compare (000 omitted): Sept.

12. Kept. S. Tor own account For out-of-town l.sw.MO 1.621.TJ3 Tat others Totals S4.38S.181 S4.J89.J09 Demand loans constituted ol the total, against last week, and time loans of 9743,535,000, against a week ago. The high point in brokers loans was $4,563,240,000, made June 6, 1928, and the low point $2,408,695,000, made May in, mat.

rm. evtllAiulner tahllk ahnwa tot.0.1 AllO SJ. L. 1. loans and Investments loans and dls- nf T11V VOTt! CitV member banks, together with bor rowings ai new i or rcucini otkhs Bank (000 omitted) Kent 13.

Rent. S. Loans and lnestme nta I7.JI10.913 Loana ana aiscounw. o.jio.oj. Borrowings at Res.

Bank. 369.S84 THEYJSAY: Speculative Gossip in tha Street and Elsewhere We still remain of the opinion that higher levels will be seen lor such Issues as National Cash Register, Chrysler, Atlantic Refining. Westing-house Electric, Union Carbide and U. S. Steel.

J. S. Bache it Co. a We would not disregard any sharp uprushes In speculative issues as affording favorable selling opportunities with a view ot placing ourselves in a strong buying position to switch to the rails, utilities and oils In recessionary markets. Newman Bros.

Worms, per Walter Thompson Jr. a a Buy the steel and motor stocks for sensational advances. Rhoades Company. American Encaustic Tiling is close to its top and should move ahead sharply once it gets into new high ground. New interests have taken a position in the stock due to improvements in manufacture which have been made by the company.

Thj WaU Street Mirror. at Oil stocks have been noticeably firm in the past few days, particularly Texas corporation, wmcn we sun ia-vor. Also Mid-Continent. Orvla Bros, Co. Recent low urlces for cereals will be of decided advantage to companies like National Btecuit and Loose-wiies, both of which feature trademark brands at standard Would hold Simmons Company'and buy more for a major advance on merit.

jbck son Boesel tt Co. a a National Dairy includes many of the features which have been responsible for large gains in earnings and consequently in stock prices of various leading corporations and it is interesting ooth for Investment or speculation at current levels. E. F. Hutton r-l TMk a Although the Tlsk element in the long side of the stock market is in creasing ana aay to aay cross currents shortly may become more pronounced, we believe that the present unward movement is incomplete, In making fresh long commitments, however, considerable discrimination should be utiliied.

Frazier Jelke 6c Co. KINGS COUNTY TRUST COMPANY Our eerrli-e to tepoeltore Incladaa Information and advloa from fully equipped credit department. Interest Allowed on Accounta Subject to Check. Spacial Rataa, on CortiBcataa of Deposit. 342 FULTON ST.

CAPITAL $500,000 Surplus and Undivided Profits $5,652,000. PROPOSALS. ADVERTISEMENT. NOTTCK TO BIDDERS: Separate sealed proposals covering construction, heating, sanitary and electric work lor staff accommodations, Institution for Defeotlve Delinquents, Napanocn, N. In accordance with Specttlcatlons Nos.

S320. 5321. 5322. 5323 and accompanying drawings, will be received by The Commissioner. Department of Correction, 11 f.

Pearl Albany, N. until 2 oclock p.m. (Eastern standard timet, Thursday, Bept. 117, 1928. Proposals shall be accompanied by a certified check or money deposit for 5 per cent of tha amount of the bid.

Successful bidders will bo required to give a bond In the sum ol SO per cent of the amount contract. Drawings and specifications are on file at the Institution for Defective Delinquents, Napan- och, N. and at the offices of the Depart ment of Public Works, Division of Architecture, B48 Broadway, New York City, and 3S3 Broadway, Albany, N. Y. Drawings, specifications, proposal blanks and envelopes may be obtained altev Aug.

31, 1928, at the discretion of and from the Commissioner ol Architecture, 353 Broadway, Albany, N. upon a deposit In the sum of S50 for each set of drawings and specifications. uatea, Aug. lu, i2H. ADVERTISEMENT.

NOTICS TO BIDDERS Separate sealed nroDosals eoverlne Construction. Heatlnit. Sanitary and Electric Work for Inmate Cell Accommoaations, institution tor ueiecuve D-llnquents, Napanoch. N. In accordance with Specifications, Nos.

5267. 526B. 8269. 3270 and accompanying drawings, will be received by Tha Commissioner, Dept. of Cor rection.

No. 11 n. Pearl Albany, n. until 2 o'clock P. M.

(Easterp standard Time) Thursday, Bept. 27, 1928. Proposals rau oe accompemea oy a ceriuiea cneta or money deposit for percent ot the amount of the bid. Successful bidders will be required to give a bond In the sum of 50 percent of the amount of contract. Drawings and apeclflcatlons are on file at the Institution for Defective Delinquents, Nap-anocli.

N. and at the offlcea of the Dept. cf Publlo Works, Division of Architecture. 049 Broadway, New York City, and 353 Broadwav. Albany.

N. Y. Drawings, specifications, proposal blanks and envelopes may be obtained after Aug. 91. 1928, at the discretion of and from the Commissioner of Architecture, 353 Broadway, Albany.

N. upon a deposit In the sum of SlOO for each sat of drawings and specifications. Dated Aug. 10, 1928. CORPORATION NOTICES.

SK.M.ED BIDS WILL BE RECEIVED BY the President of the Borouah of Brooklyn, at Room 21, Borough Hall, Brooklyn, until 11 a.m., on WKDNEBDSr, RnrTEXirtKR XB, IV'a. NO. 1. FOR FURNISHING ALL THF. LABOR AND MATERIALS REQUIRED TO CONSTRUCT A SEWER IN S.

66TH ST. BETWEEN LINDEN BLVD. AND CHURCH AVK. The Engineer's preliminary estimate oi tne quantities Is as follows: an linear leet ol u-incn pipe sewer, laid tn plaoe complete, Including all Incidentals and anpur-tenancrs. per linear loot.

g3.70... 11,853 90 800 linear feet of 8-Inch house connection drain, laid complete, Including all incidentals and appurtenances; per linear foot. 81. 1,050.00 8 manholes complete, wttn Iron beads and oorara, UuludlBg all Ln Preferred Payment Period From 1921 to 1928. The Indian Refining Company ol Illinois declared a dividend of $57.55 on the preferred stock, covering the period from Dec.

16, 1921, to Sept. 30, 13.28, und a dividend of Hi percent on the refunding preferred, both payable Oct. 1 to holders of record Sept. 25. Initial on Common.

The Crown-Zellerbaoh Corporation, California, paper manufacturers, declared an Initial quarterly dividend of "5 cents a shire on the common stock. layablo Oct. 15 to holders of record Sept. 29, and a dividend of 831-3 rfnts on the preferred for July and August, payable on the same date. Rodur.cs Dividend.

The Lehigh Valley Coal Sales Corporation declared a quarterly dividend of SO cents, placing the stock on 4 $3 60 annual basis against a $4 annual rate previously. The dividend is payable Oct. 1, record Sept. 17. Torrington Company.

The Torrington Company declared a quarterly dividend of 75 cents, payable Oct. 1, record Sept. 20. The dividend is on 560,000 no-par shares to be created by the exchange of present 280,000 shares of $25 par stock. The company formerly paid 75 cents quarterly and $1.25 extra every six months.

Liquidating Dividend. The Lyman Mills Corporation declared a dividend In liquidation of $25, payable Sept. 20. This brings the total payments In liquidation to $215 a share. saawaaawaat Initial Preferred Dividend.

The Apponaug company declared an Initial quarterly dividend of $1.62 Yi on preferred, payable Oct. 1, record Bept. 20. SHIPMENT OF GOLD DUE FROM LONDON As the beginning of a movement which may total $25,000,000. or possibly as much as $50,000,000, In the opinion ot informed bankers, a shipment ot about $2,500,000 In gold bars from London Is scheduled to arrive Sept.

21 on the Mauretanla. The shipment wae purchased from the Bank of England for the account of Werthelm Se Co, bankers, who declared that It was a natural result of the disparity between money rates in New York and London. Call money here has been ruling between 7 and 8 percent against about 4 'A percent In London, while the 7 percent local time money rate compares with about percent In the British capital. Banking interests have been expecting a gold movement from London for some days as the result of the fall of sterling to the lowest levels of the year, although the exact point at which gold shipments would be profitable has been a matter of disagreement. It was pointed out, however, that Canada may absorb a considerable portion of the British move ment to New York, since Canadian exchange normally moves consider ably above par at this season due to Canadian commodity exports.

The present shlument is the first major gold movement here from Lon don since June, isn, ana follows ex ports totaling $32,517,000 from the United States to London last spring. BROOKLYN STOCKS Quoted by Hanson Hanson. IS areedwaf BANKS AND TRUST COHFANIX8. Dividend. Bit.

A Bay Parkway National. 180 200 Bed tor Nations! 173 1SS Bensonhurrt 130 170 Brooklyn Trail 2 1100 117S Bushwlct 389 it! Cltlssna 235 Erasmu 130 170 First Brooklyn 10 B40 Pletbush National SIS 130 Olobe Exchange I 310 Olendale 30 Oranlt ISO Ouardlaa National 4 130 140 Klnfi County 0 2300 3700 Jamaica National 4 330 300 Lafayette 141 Ml Manfuactureri Trust, n. 231 33S Mechanics Bank, ISO par 18 1363 372 Mldarood Trust 280 Municipal 10 483 473 Nassau Natlolnal 12 433 435 People! National 13 930 Prospect 180 190 Qutsnsboro National 583 Rldgewood 180 Rugby 330 Richmond Hill 379 438 Oprlntneld Card. Nat'L. 130 100 Traders 240 20 Unity Btato 190 310 Woodslda IIS T1TLB AND INSURANCE COMPANIES.

American Tula Ouaranty 103 130 Brooklyn Fire Insurance 104 109 Brooklyn M. O. Js 130 Brooklyn National Ufa. 230 283 Empire Title Si Guar 170 100 1st Mort 8 123 Empire Insurance 33 35 Empire Title Ji ies 1R0 Guaranteed Title Mort I 330 400 Borne Title 13 393 315 Lea Island Title Co. 10 130 Marshall Mtf is is National Title et 193 205 Prudence pf '7 104 inj Suffolk Title 130 (so BANKS.

Corn Exchange Bank KstwAKakew taut Capital and Surpltu $23,000,000 BROOKLYN BRANCHES Brooklyn Branch Oourt A Joraieeoa Ste r'latkuab At. Branch 10 A 21 riatbusb At. ftreenpolat Rrancli.GreeapoInt A Ifanhattaa At. Myrtle At. efyrtte Ate.

A B'way South Brooklyn Branck. 79 Hamlltoej At, Rnshwlck Rranrh B'way A Geeena At. pmnneet tVam-h not DIVIDENDS. RAILROAD COMPANY TREFLRRED STOCK DIVIDEND 9. 1011 Tlit Executive Committee of the Board of jHrtt-iors 01 Railroad Com-rry has declared a dividend ol one and three-fourths per cent.

Uh) on the Preferred Slock, Company, payable September V-'. Preferred Stockholders ol rear it the cluje of business September IS, m. J. B. BARNES, Assistant Treasurer.

HOME TITLE INSURANCE COMPANY Notice of Dividend A regular quarterly dividend of 3 on the i.amuii 0.00a 01 tmt company nas mis flay been declared, payable September 29th, 1928, to stockholders of record at the closing of ne stock transfer book on September 23d, 1928. Books reopen October 1st, 1928. Dated, Brooklyn, N. September 11, 1928. DWIOHT 0OM8T00K, Treasurer.

THE BANK Or l'NITED RTATKS September 13, 19:18. The Bonrd of Dlrectora haa declared a quarterly dividend ol three and one-hal( percent 1 on the Capital Stack of this Bink, payable October 1st, 1928. to alock-holr'ers of record st the closa of business SrwembPT 1928. The transfer hooks win not eloae. UtfiNAiUJ K.

MAHCUS, President. James C.Willson Co. National Aviation Corporation Central States Power Bends. Financing for the Central State: Power and Light Corporation in the form of an additional issue ot Central States Power and Light Corporation first mortgage and first lien gold bonds, 54 percent series. due 1953, is being offered today by a syndicate headed by the Chase Securities Corporation.

The bonds are due Jan. 1, 1953, ar.d priced at 96 and accrued interest to yield about 5.80 percent. The Central States Power and Light Corporation recently ncquired an ex tensive system lor tne production, transportation and sale of a natura' gas at wholesale and retail in eastern and northeastern Oklahoma. The nroceeds of this issue will provide part of the funds for the payment of this acquisition ar.d for other ccrporato purposes. LEGAL NOTICES.

AMERICAN TITLE' GUARANTY COMPANY lnrpmltJUJtrththinntLtvflbtSt4ttfHewY, 26 Court St, Brooklyn, N.Y. Condensed Statement as of August 51, 1928 ASSETS tits'h 627,917.71 Mortgages a 3,722,117.50 Accrued Interest 4J.598.20 Accounts Receivable Miscellineo'us 2.193.76 Total LIABILITIES Collateral Mortgage Certificates $132,360.60 Agency Accounts 5,965.00 Interest 1,665.56 Miscellaneous Expense Capital Stock 4,000,000.00 Surplus 388,299.11 Total 5i550.521.52 CORPORATION NOTICES. oldentals and appurtenances; per. manhole, 1100 SO0. 00 feet, board measure, of sheeting and bracing, driven In place comolete.

lncludlna all Inci dentals and anDurtenances: ner uiousana iret, ooara meaaure, s0. a cuoio yarns or concrete, Clsss laid in Place eomolete. Includ ing extra eicavatlon, and all Incidentals and appurtenanoes; pet oubio yard, S14 70.00 9 cuoio yams or oroaen stone or gravel. In place complete, Including extra excavation and all- Incl- dentala and aoourtenancea; ner cublo yard. 15 js.oo 9 cuoio yeros extra excavation, including sheeting and bracing and all Incidentals and annurten.ni.,.

per cumo yard, S1.S0 7J0 if mo compifiiou UI In wnrlr mnA fi.ll tract will bt thtrty-nv (35) consecutive working davi. The amount of security required Is Seven teen Hundred Dollars 2 FURNISHING ALL THE HAWUIKKU IV CONSTRUCT STORM WATER AND 8ANI- TitJV flVUIVn VI irtaavxa w. m. inn 01, iruiM.y ve.uneie Ol tne quantltlea la as follows: 248 linear feet of 33-Inch pipe storm sewer, laid complete. Including all Incidentals and appurte-nancea; per linear foot, 8S.40 11,338.40 -JU tee, oi o-uicn pipe sanitary sewer, laid complete, Including all Incidentals and appurtenances; per linear foot, 83.90..

890 20 114 linear feet of 8-lnch sanitary houeo connection drain, laid com- nt In.lllritn. IT Ul.ll.liE, miu ncldentals and appurtenances; per iwi, 4. 3-tl 00 50 linear feet of 8-inch aanjtery house connection drain, laid complete. Including all Incidentals and annurtenanci. nr 1, fM, 81,75 17,50 135 linear feet of 8-lnch storm house connection drain, laid complete, Including all Incidentals and aDDurtenaniuta.

linu fnn, 81,50 J0I.5O 3 manholes cn storm sewer, complete, with standard storm manhole cldentals and appurte nances; per wtw zuv uu 3 manholes on sanitary sewer. manhole heads and covers, Including all Incidentals snd appurtenances; per manhole 8100 300.00 5 cubic yards ol conorete. Class laid In place complete. Including extra excavation and all Incidentals and appurtenances; per cubic yard, 814 70.00 5 cubic yards of broken atone or gravel, In place complete. Including extra excavation and all Incidentals and appurtenanoes; per cubic yard, 85 25.00 5 cubic yards of extra excavation, Including sheeting and bracing and all labor, materials, incidentals and appurtenances; per cubic yard, 81.60 7.50 3 sewer basins complete of standard design wlih Iron gratings.

Iron basin hoods, and connecting culverts. Including alt Incidentals and appurtenances; per basin. 835 450 00 Total jj.489.10 The time allowed for the completion of the work and full performance of the contract will be thirty 1301 consecutive working daya. The amount of security required Is Seventeen Hundred Dollars 181,7001. NO.

3. FOR FURN18HINO ALL THK LABOR AND MATERIALS REQUIRED TO CONSTRUCT SEWER IN 9TH ST. BETWEEN AVENUE AND RD. The Engineer's preliminary estimate of the quantities as as loilowa: 825 linear feet ot 12-Inch pips sewer, laid complete, Including all tnoidentals and appurtenances; per linear foot, $3 90 11,812.50 570 linear feet of 8-lnch house connection drain, laid oomplet. Including all Incidental and appurtenances' per linear foot 81.75....

997. SO 6 manholes, complete, with Iron heads and covers. Including all Incidental and appurtenances; per manhole, 8100 600.00 2.000 feet, board measure, of -sheeting and kraclna, driven In plaoe eempiat, including all Inci- LEGAL NOTICES. UlNucci, his wl'e, Joseph Begandi, tenant, and Aloyslus Bpauldlng, tenant, defendants. To tha above named defendants: You are hereby eummoned to answer the complaint la this action and to serve a copy of your answer, or, If, the complaint la not served with thla summons, to serve a notice of appearance on the plaintiffs attorney's within twenty daya.

after the service of this summons, exoluslve of the day of service. In caae ot your failure to appear or answer. Judgment will be taken against you by default for the relief demanded In the complaint. Dated, New York, July 11, 192S. DAVISON as UNDER HTLXj, Attorneys for Plaintiff.

Office and Post Office Address, 50 Court Street. Borough ot Brooklyn, City ot Mew York. To the defendant, Mary DINuccI: The foregoing summons la served uponjrou by publication, pursuant to an order of Hon. Mitchell May, a Justice of the Supreme Court ot the State ot New York, dated the 7th dav of Aueust, 1928. and filed with tne complaint In the office of the Clerk ot the County ot Kings, at Brooklyn, New York.

Thla action la hrouaht to foreclose a mortgage held by the plaintiff, noon which there Is due the sum of Twenty-Eight Hundred and Fifty Dollars $2.8501, with Interest from the 1st dav ot November, 1927, at the rate ot 8 percent 16 per annum, covering the premises In the Borough ot Brooklyn. County of Kings, City and State of New York, on the westerly side of Adelphl street, distant four hundred and thlrty-alx feet, ten and one-half Inches southerly from Park avenue, being twenty-five 1251 feet In width, front and rear, by one hundred (1001 feet deep on each side. DAVISON TTNTJERHILt. Plalntlffe Attorneva. Office and Poet Office Address.

50 Court Str-t. Borough ot Brooklyn, City ot New Vort' uMttf THE PEOPLE OF THE STATE OF NEW York, by the grsce of Ood tree and Independent To Josephine Miller, divorced wife of Charles Edwin Milter Ishe having divorced hlmi; Mildred Miller. Lillian Miller, children of the said Charles Edwin Miller and granddaughters of testator; Elisabeth Dursthoff Miller, whom the said Charlea Edwin Miller subsequently married, and to any and all unknown persons, whose names or parts of whne names and whoae place or places of residence ere unknown, and cannot, alter diligent Inqulrv. be ascertained, heirs at law and next ot kin of said Charlea E. Miller send greeting: Whereas.

Emma Miller, arho resldea at 3 Marlon atreet, Brooklyn, N. haa presented a petition praying for a decree that a certain instrument In writing, bearing date the 9th day of January, 1913, relating to real and personal property, be duly proved as the last will and teatamenl of CHARLES E. MILLER, lately residing at Marlon street, near Reld avenue. In the Borough of Brooklyn, City of New York. Now.

therefore, you and each of you are hereby cited to show cause before our Surrogate's Court of the County of Kings, to be held at the Hall of Records, In the County of Kings, on the 25th day ot September. 1928. at ten o'clock In the forenoon, why such decree should not be made. In testimony whereof, we have caused the seal ot our said Surrogate's Court to be hereunto affixed. Wltneaa.

Hon. George Albert Wlngate, Sur. (Seal) rocste of our said County, at the Borough of Brooklyn, In the said County, the 22d day ot August, 1928. JOHN H. McCOOEY, Clerk ot the Surrogate's Court.

au24-4t I SUPREME COURT. KINOS COUNTY Louisa Streialer and Herman Kraus. plain tiffs, against August Wueet, Mary Wuest, Thomas McHale. Individually and as administrator of the estate of Annie McHale, deceased. John McHale.

Thomas McHale. James McHale, Michael McHale. Jane M. McTlghe, Ellen M. Barry.

Margaret as. Nnlen. and if anv thereof be married or If any thereof be dead, then the wives or husbands, widows or widowers, and heirs at law and next ot kin, trustees, assigns, legal representatives and auccessors in Interest of such of any or all ot them as may be dead, all of whose names are unknown to the Dlalnttrfa, It being the Intention to describe hv the fnreirnine descrlDtlon all of the per sons not otherwise specifically named or de-acrlbed herein who might by any contln- Sency claim any Interest In the premises escribed In the complaint herein. The People of the State of New York. William Luc-kln, Michael Oolden and Edward Mapple- hftdlr.

To tha abovt-uamed defendants; CORPORATION NOTICES. dentals and appurtenances: per thousand feet, board measure, 80 80.00 0 cuotc ysrds of concrete. Clsss laid In place complete, Including extra excavation and all Inct-dentala and aDDurtenances: per cubic yard, $14 70 00 cuble yards of broken stone or gravel. In place complete. Including extra excavation and all Incidental and aDourtenancea: Der cubic yard, 85 33.04 ft cublo yards of extra excavation, including sheeting and bracing and all Incidentals and appurtenances; per cubic yard, ll.bO 7.50 Total 83,582.50 The time allowed for the completion of the work and full performance of the con tract will be thirty (301 consecutive working oava.

The amount of security required Seventeen Hundred Dollars ($1,7001. The foregoing Engineer's preliminary estimate of the total cost of ths completed work Is to be taken aa the 100 percent basis and test for bidding. Proposals shall each state single percentage of such 100 per cent, (such as 05 per 100 per cent, or 105 per for which all materials and work called for In the proposed contract and notices to bidders are to be furnished to the City. Such percentage as bid for each contract shall apply to all unit items speclfled In the Engineer's preliminary estimate to an amount necessary to complete the work described In the contract. Each bid must be accompanied by a deposit In cash or certified check pysble to the order of the Comptroller of the City In the sum of 5 per cent of tht security required for the contract bid.

Blank forms and further information may be obtained, and plana and drawings may be spen at the Bureau of Sewers, Btn floor, Municipal Building, Brooklyn. JAMES i. BYRNE. to Bidden, twit to last pi re. (C-488) 814-lOt-p PARTITION SALES.

SUPKEMK COURT, KINGS COUNTY Edward O. Weed and another, plaintiffs, against Annls Weed and others, defendants. In pursuanoe of an Interlocutory Judgment of partition and sale, duly made and entarjd In the above-entitled action and bearing date the 27th day of August, 1828, the undersigned, the releree said Judgment named, will sell at publlo auction to the highest bidder, by Nathaniel Bhuter, auctioneer, at the Brooklyn Real Ealate Exchange, lot MonVague street. In the Borough of Brooklyn, County ot Kings, on the 28th day of September, 192B, at twelve o'clock, noon. th premises directed by said Judgment to be sold and therein described as follows: All that certain lot.

piece or pared of land, with he buildings and Improvements thereon, situate, lying and being in the Seventeenth Ward of the Borough of Brooklyn. County of Kings, City and State of New York, bounded and described as follows, to wit: Beginning at point on the northerly ride of Dupont street, distant three hundred ninety (3901 feet easterly from the northeasterly corner of Dupont and Franklin streets: running thence easterly along the northerly side of Dupont street seventeen 1171 feet eleht (8l inches: thence north erly, parallel with Franklin street and part o. ine aisisnce tnrougn a party wail, une hundred (looi feet; thence westerly, parallel with Dupont street, seventeen 1171 feet eight iBi Inches, and thence southerly, parallel with Franklin street, and part of the through a party wall, one hundrou (100) feet to the point or place of beginning Bald premises being known by the street No. 79 Dupont street. Said premises will be told subject to a mortgage ol $1,000: to the rights of tenants monthly tenancies; to the rlghta of the adjoining propertlea tn party walls llf anvl; and to any state ot facts an accurate survey trill show, Dated, August 31, 1B38.

HAROLD L. TURK. Referee. Frederick Httmlsch. Plaintiff's Attorney, IS Wlll'am Street.

Borough of Manhattan. CItv of New York. s4-8t tn LEGAL NOTICES. SUPREME COURT. KIN08 COUNTY Daniel Underbill, aa executor ol the last will and testament of Samuel J.

Pnderhlll, plaintiff, against Oluseppl Alesl and Vrneranda Alest. his wile, Ralph F. Senese. Michel DeMatteo and Teaale DeMat- teo, ma Wilt, Raymond, moucci ana Mary You are hereby summoned to answer tne co. tu serve a copy ot your answer, or, If the complaint Is not served with this summons, to serve a notice of appearance, on the plaintiff' within twenty davs after the eerr ice of this summons, exoluslve of the day o.

ao.vioe. in case ot your failure to appear or answer Judgment will be taken against you by default for the relict demanded In the complaint. Dated, August 12, 1927. ANDREW H. 8COBLE, Attorney for the Plaintiffs.

Office and Post Office Address, 507 5th avenue. Borough of Manhattan, City of New York. To John McHale, Thomas McHale. Jameg McHale, Michael McHale, Jane M. McTlghe, Ellen M.

Barry, Margaret Nolen, and any and all other defendants not specifically named In the above summons, above lummons. The foregoing aummoni la aarved upon you pursuant to an order of Hon. Stephen Callagrran, a Justice of the Supreme Court of the State of New York, dated June 19th. 1938, and tied with tire complaint In the office of the Clerk of the County of Kings, at the Hall ot Record, In the Borough of Brooklyn, City of New York, County Kings. The object of this action Is to foreclose a mortgage on which there Is due 84,000 and Interest, covering and affecting premises known as 479 Prospect avenue, Brooklyn.

City ot New York, located 98 feet 5 Inches westerly from the northwest corner nf 9th avenre end Prnsnet e-nu. t'lth a frontage of 20 feet 9 Inches, the remaining dimensions being irregular and described fully In the complaint. Dated, August 9. 1938. ANDREW H.

SOOBLE, Attorney for the Flalntlffs. 507 5th avenue. Borough of Manhattan, City of New York THE PEOPLE OF THE STATE OF NEW York, by the grace ot Ood free and Independent, to Antonla Bassler, send greeting: Whereaa, John Steak, who resides at 590 Leonard street. Borough of Brooklyn. Ne'e York City, has presented a petition praying for a decree that a certain instrument lu writing besrlng date the 5th day of January, 1938.

relating to personal property, be duly proved as the last will and testament of FRANK OROSSMANN. lately residing at No. 157 Oreen street. In the Borough of Brooklyn, City of New York. Now, therefore, you and each of you are hereby cited to show cause before our Surrogate's Coura of the County of Kings, to be held at tiie Hall of Records.

In the County of Kings, on the 13th dav of September, 1928. at ten o'clock In. tht forenoon, why such decree should not be made. In testimony whereof we have caused the seal of our said Surrogate's Court to be hereunto affixed. Witness.

Hon. Oeorge Albert Win-(L. 8.) fate. Surrogate of our said County, at the Borough of Brooklyn, In the said County, the first day of August. 1928.

JOHN H. MeOOOEY, Clerk of the Surrogate's Court. aulO 4t THE PEOPLE OF THE STATE OT NEW York by the grace ot Ood free and Inde- Sendent To Orace Pelton, Moaea A. oodwln, Edward C. Shaw, Lola S.

Shaw, Walfr R. Lane. Jessie E. warren, Charlae A. Pelton.

Ella A. Street, Carrie I. Cogswell Margaret K. MooreT Stephen M. Conk-tin, Frank H.

Scranton and Bertha Coe. Send greeting: Whereas, Minnie Y. Stevens, who resides st No. 2105 Foster avenue. Bor-ouri of Brooklyn, City and State of New York has presented a petition praying tor a decree that a certain Instrument in writing bearing date the second day of February, 1935, relating to reel and personal f'onertv, oe auiy nrovea as tne last win ana it-iment of NATHANIEL K.

STEVENS, latelv residing at No. 3105 Foster avenue, in the Borough ot Brooklyn, City of N.w Yot Now, therefore, you and each ot you are hereby cited to show cause before out Surrogate's Court of the County ot Kings, to be held at the Hall of Records, In the County ot Kings, on the 4th day of October, 1928 at ten o'clock In the forenoon, wnj such decree should not be made. In testimony whereof we have eaused the seal of our said Surrogate's Oourt to be hereunto affixed, witness, Hon. Oeorge Albert Wlngate, Sur-IL 8.1 rogate of our said County, at the Borough of Brooklyn, in the said County, the 30th day ef August, 1928 JOHN H. MeCOOFY.

Clerk of the Surrogate's Court. $7 44 sT Guaranteed First Mortgages and First Mortgage Certificates to Yield 5Vi for Immediate Delivery Applications Solicited for Mortgage Loans DON'TGAMBLE B-E Invest Your Surplus Funds in LEHRENKRAUSS GU.4RANTEED BONDS AND MORTGAGES In various amounts always on hand, (60 Ytart Without Leu) OLDEST HOUSE IN BROOKLYN SELLING GUARANTEED MORTGAGES 359 FULTON ST, opp. Boro Hall I0 rielbash as. Erassaaa H. 8.

40 Wesl 10th tat DID en th N. Y. Cll(r.

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