The Vinton record. [volume] (M'arthur, Vinton County, Ohio) 1866-1891, 1871-12-16
Furnace, Engine, Boilers
Scales and all Machinery
and Fixtures attached
toand connected with
said Real Estate,


and the reVersions, remRinders, rents, issues
and profits thereof, and all the estate, right,
title, interest, property, claim and demand OF
every nature and kind whatsoever Of the said
''The Virton Furnace and Goal Company OF
ohio" as well at law "a in equity, OF. In, and
TO the recort OF which indentrre or Deed OF
Trust, hrst hereinbefore Teclted reference Is
hereby made for "a particular description OF
said real estate. and for greater certainty.
Which conveyance, so made TO the sad Sam.
uel J. MacMullen, vas made TO him IN Tfua, for
the use. benefit and security OF the several
persons, their respective successors, execu.
tors, administrators and assigns, who should
be or become the holder Of certain bonds OF
the sad "The Vinton Furnace and Coal Com.
pany OF Ohio" for the payment Of one hundred
thousand dollars in the aggregate, IN sums
efdye hundred dollars each, bearing date July
LIST, 1866, and payable to tho said Samuel ].
MacMullen or bearer, on the first day of July,
1871, at the Fourth National Bank IN the city
ofPhiladelphia, OF bearing interest at the rate Of
seven per cent. per annum payable semi an
nually at said Fourth National Hank IN the city
Of Phlladel pha, vitho ut priority 70 any holder
ofany Of sald bonds, but subject until default
should Dc made IN the payment thereof rs IN
said deed mentioned, 10 permit and suffer the
said Vlnton Furnace and Coal Company and
It's assigns, to retain theiree and uncontrolled
use, posse scion and management OF said prop.
eTty so conveyed, for the purposes and bus>
mesa ofsaid company: and whereas " was pro.
vided -inong other things, in said Indenture
or Iced OF Tiust, that IL said Vinlon Furs
mace and Coal Company Of Ohio, their success.
sors and assigns should at any time thereafter,
afer demand made in writing, make default,
or retuse, neglect or omit for any period of
time exceeding thirty days, TO pay the inter
est on the bonds Aforesaid, or any OF them or
the prineipal sum thereof when and as the
same shpid become due and payable, then
aud % eitier such case, Il should become the
duty Of said trustee. upon the written request
OF the holders Of sald bonds to an amount not
less than sixty thousand dollars, to proceed
upon and under said IHdenture and sell the
SAID property so conveyed or agreed or in.
tended so to be, at public sale, IN the city Of
Cincinnati. nrst giving at least sixty days no.
tice thereof, by publication onco q week in at
least two daily newspapers published In the
citiea OF PhlladelDhia and Cincinnati and in a
newspaper published nearest to the said
property, an0 after paying the chargeA and ex.
penses Of said trust, should hold the moneys
which might by reason OF such sale come
into his hauds, ss the same should ba re-
celyed, for payment IN the frat place, of the
interest due on said bonds respectively in fllll,
and in the second place, for the payment and
discharge Of the prinbipal sums thereof 20 the
holders thereof, II sufficient for that purpose,
butt not, then to and among the several hold>
err thereof, pro ratd, 30 that no priority should
10 dvsn to any OF the said bonds, retaining
however always such sums as might be suffi-
Client 10 meet the expenses Of said trust and to
indemnify the sald Trustee from any liability,
loss or damages By virtue OF any lawful act or
a,ts OF said trustee, aud ifanJ surplus of such
moneys should thereafter remain, then, the
said trustee to pay the balance OF the trust
funds 10 hia hands, and assign and convey any
residue OF the Trust Estate or property 10 said
VinlOn EuFnapa and CnaI Com ,,an,, -
cessors and assigns for its or their sole use
and benefit.
And whereas, the principal Of said bonds,
together with the seml>annual interest there.
on which became due on the irst day Of July,
1871 was not paid on SAID day; and thereupon
anerward, to VII, on the tenth day Of August,
1871 due demand for the payment of the pnr.
eli al and interest 40 due OH said bonds, was
made 10 writing upon said VInton Furnace
and Coal Company, by the holders OF I7S of
said bonds, amounting In the aggregate 10
$4,000, besides interest, and the said Vn,on
FunHce and Coal Company made default and
refused and neglected to pay the said principal
or interest for more than thirty days aGer
asid demand, and yet make default and res
fuse and neglect TO pay the same or any part
thereof: and whereas, the holders Of SAID
bonds 20 the amount OF sixty Thousand dols
lars and upwards, did, IN writing, on Che
tweiah day Of September, 1871, request and
require ihe said Samuel J. MacM ullan, Trus.
tee Aforesaid, to proceed upon the said In
deniqre, and sell the said premises 20 con,
veyed IN trust, and distribute the proceeds OF
such sale according TO the terms of said In.
dennre unless the principal moneys due TO
them respectively on said bonds so holden,
and all unpaid interest thereon, should be
fully paid 70 them respectively by said Com,
PanY, on or before the expiration OF thIrt,
days from the date Of said demand, and said
principal and interest vet rema HinG unna,d
~ aforesaid. Now, therefore, l, Samuel ],
MacM ullau, Trustee as Aforesaid, IN coalorm.
ity With the PROVISIONS Of SAID Iudenture, or
decd Of trust, will. on II :.