Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1858-09-21

MELZAR NYE, JS., VS.. Thumas ID. Sar-
lyl- gsnt-Meigs Common PleaS-Petition 10
Foreclose Mortgnge-rhuThds ID. Sargent, OF
The ST. te of Virginia, will take nOtice, that
Melzar Nye, Jr., of the County Of Meigs and
State OF Ohio, did on Ihe 26th day Of August
a. d. eighteen hundred shd hfty-eight. file his
petition in the Court of Comn0n Pleas, with
in and for the said County OF MeigS and State
Of Ohio, against the said Thomas ID. Sargent,
setting forth, that an the 18th day of June, a..
d. eighteen hundred and fifty FIVE; written
contact was entered fulo between the said
Nye, and the said Sargent, by which said Nye
agreed to advance money, 10 pay the debts,
not TO exceed $4,000. 90, contracted by said
Sargent, IN purchasing and building ihs
Shady Cove Salt Works. situate in said Meigs
County, and also to advance money TO colfi-
pie ts said alt Works, and to opernte Il q same
in the man u actoring OF Salt for the tern OF
three years. By which said contract said
Sargent bound himself to repay to said Nye,
at the expiration of said term Of three years.
the money no TO be paid and advanced, with
interest at the rate OF ten per cent per mum,
from the time said payments and advances
should be made, and also to pay said Nye
| 900 90 per year for his services IN Superin-
tending said Salt Works, to be paid yearly AT
the end of each year, during said term; aud
to secure the repay Hment Of the money, so to
be paid, and advanced by said Nye, and the
payment OF his said yearly larry of 81 900
per year, said Thomas ID. Sargent did, on the
18th day of February, n. d. eighteen hundred
fifty-six, execute and deliver to said Mel
zar Nye, Jr., a mortgage on the following
lands, situated in the Counties Of Megs and
Galla, and described as follows. 20 wit: One
undivided half OF all that one hundred acre
lot, No. 372, in section d township S, and
range IA, which lies in Gallia County also,
all OF the one undivided half of one hundred
acre lot, No. 376, lying in the Counties Of
Meigs and GallIa, in sections Nos. 3, 33 and
"a, in Townships, Nos. l and 5, in Ranges,
Nos. 13 and Id, in the Ohio Conpany's pur-
chase, excepting about seven or eight acres
sold by said Sargent and one J. J. CooInbs to
the Leadington Salt Company. Said petition
further sets forth, that there is now due fiom
the said Sargent to the said Nye, for money
paid and advanced by said Nye, for said Sar-
gent, under said contract, and for the said
yearly salary of the said Nye, the sum Of
$l2.95:. ~, and large amount of interest,
said mortgage. Said petition prays judgme n;
against the said Thomas ID. Sargent, for the
said sum of S IL. .95l.7 70 with interest on ST. .000
at tho rate of ten per cent per annum, from
the 9Th day of June a. d. eighteen hundred
and fifty six, and on s .0U0 at the rate of te n
per cent per annum, from the 10Th day of June
a. d. eighteen bundled fifty seven, and on
Fl 900, at the ratio o. ten per cent per ann um
from the 10th day OF June a. d. eighteen hun-
dred and ffty-eight, and the residue
$9.551 ~, at the rate of ten per cent per an
mum, from November 10Th 4. d. eighteen hun
dred and fifty-five, and that said mortgaged
pre- misses may be sold to pay the same. The
said Th omaS ID. Sargent IS notified that he is
required to appear and answer said petition
on or before the third Saturday after the 7th
day of October next.
]. BRADBURY,
Aug. 31-35-6t-Sl0.5 so. Atty. for Plaintiff.