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March 1 ssued $ 4 , 7 2 0 . 0 0 0 face value Carla Vista second mortgage 8 % bonds for $ 5

March 1 ssued $4,720.000 face value Carla Vista second mortgage8% bonds for $5.145.744 including accrued interest Interest is payable semiannually on December 1 and June 1 with the bonds maturing 10 years from this past December The bonds are Callable at 102 June 1 Paid semiannual interest on Carla Vista Co. bonds(Use straight-line amortization of any premium or discount) December 1 Paid semiannual interest on Carla Vista bonds and purchased $ 2,360.000 face value bonds at the call price specified in the provisions of the bond indenture

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