Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1858-08-31

NTELZAR NYE. Jr, VS.. Thomas ID. Sar-
M gent-Meigs Common Pieas-Petition To
Foreclose Mortgage-Fhomas u, Sargent, OF
The Sta te of Virginia, will inke notlce, that
NJ. liar Nye, Jr., of the County Of Meigs and
Stale of Ohio, did on the 26th day oil August
a. d. eighteen hundred and hity-elght, file his
petition in the Court of C0mmon Pleas, with
in and for the said County OF Msigs and State
Of Ohio, against the said Thomas -. Sargent,
settihg forth, that on the 18th day Of June, n.
d. eighteen hundred and fifty five, written
contract was entered into between the said
Nyc, and the said Sargent, by which said Nye
agreed to advance money TO pay the debts,
not to exceed S3.000.00, contracted by sa id
Sargent, IN purchasing and building ihe
Shady Cove Salt Works. situate IN said MeigS
County, aud also to advance money TO com
ME IL said alt Works, and TO ooperate tie same
in the manufacturing Of Salt for the term 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 so 10 be paid aud advanced, with
interest ut the rate OF ten per cent per annum.
from the time said payments aud advances
shou Id be made, and also TO pay said Nye
8 600 90 per year for his services IN Surerin-
| tending said Salt Works, to be pail yearly at
| the end of each year, during SAID term; and
| to secure the re pa lment OF the money, SO to
| be paid, and advanced by said Nye, and the
! pa yment Of his said yearly salary Of $1,000,
pel year, said Thomas ID. Sargent dld, on the
| 18th day of February, a. d. eighteen hundred
| fifty six, execute and deliver TO SAID Mel
| zar Nye, IT,, a mortgage on the follow ng
| la nds, situated in the Counties of Meigs and
Galla, aud described as follows. so-wit: One
undivided half of all that one hundred acre
lot, No. 372, in section tpwnsh,p s., aud
| ra nge IA " hich lies in Gaila County; also,
| ALI OF the one undivided half oF one hundred
| acre lot, No. 376, lying in the Oonnties of
Megs and Gallia, in sections Nos. 3, 33 and
| "a, in Townships, Nos. and ., in Ranges,
! Nos. 10 and IA, in the Ohio Con.pany's pur
| chase, excepting about. seven or eight acres
| sold By said Sargent and one J. j. CJombS, To
| the Leadington Salt Company. Said petition
| further sets forth, that there IS now due lon
| the said Sargent to the said Nye, for money
pa id and advanced by said Nye, for said SaT-
gent, under said contract, and for the said
yearly salary of the said Nye, the sum oI
Sl2.95..7 10, and Large amount OF interest
! which said sum and interest is covered by
| said mortgage. Said petition prays judgInen
against the said Thomas ID. Sargent, for the
said sum of Sl295I.72 with inter est on 3 L .0Ot
at tho rate of ten per cent per annuin, from
| the 10Th day of June o. d. eighteen hundred
and fifty six, and on 81 .0u0 at the rate of ten
per cent per annum, from the 10th day OF June
a. Il. eighteen hundred fifty seven, and ol
81 900, AZ the ratio Of ten per cent per ann uln
from the 9th day OF June a.. d. eighteen h hun
dred and fifty eight, and ON the residue
$9.551 72 at the rate of ten per cent per an
num- from November 9th 1. d. eighteen hun
dred and fifty five, and that said morga
pr, misses may be sold to pay the same. Th,
said Th omas D. Sargent IS notified that lie il
\ required to appear and answer said petition
| on or before the third Saturday after the al
day of October next.
Aug. 81 -35 5-6t-Sl0.5o. Atty. for Plaintiff.