, 1875-07-27
Tho Rights of MortgnEccs When
fil Bankruptcy.
Their Property May Be Then Sold Under
q Trust Deed.
Hali q Hundred Culprits Arraigned In The
Criminal Court.


tlo"H M to sHo rights of 1nottcaeee8' aha .io
power to ac'' ahuof tfhst-heen "fleh ono OF t''o
morsgaGcea "aa III oahhl"ptcy' lilo 'olio"'no
10 the "cc!flon III ih'l:
1hla Is hi,l To set aalao h sue on a sfuas-aeeo
EtSen w "a'llhfa IL. Noaefa 10 william III h'he'
10 scehso ce.1alh 'n"epteuneeb III tle ts"ht-
aea" ueset'oea, UNI ALSO 10 so1 @6'"e @"a !"s"n'
oato 'no t''e 1'"t 'n'snt aF'so unue1 s"'u s"lo
1no 'ae,1 III .''' 'aNo o., "e'u' " ",h"s w ns'"
w. u'''''l'tc"' i"' ""'''"cca ""a nv"
" n'Reta ~ mig ~ heeu'o ." '
oep'eaaoss, a''1 suuae1''eps'Y uno pa,ty ooar
tu"sM a"a ."' I!u'tAu.o 4"o"iu'.o Io"p".s
e,o'., w "i''e'' ~ in'o neeou :! "'''"." -.
ono Montgomery, under the Ha'llo Kecursty 10
That lt1u E luitablo Insurance Company was tho
hp,,etc,ary in tho teeouu truht. decd, 13y lilo
n,o ri t;c,nber mi TN Emitnhlo INSURANCE.
wv ~ oe'o"' - ~. 11!''oe'o ~. 49,
company "aa !enueleu '''soiseh'' nna ~ ~
G0th of September. l97l. petition In bankrupt
cY was fled against it. At tho time this petition
wes flied il held tho ) ,001 uoto Or, tatlor tho
NV asss ~ lI,s ,'...,,..a -, ,.n .o<f,
Company was halha'c41ea uahktnp' on 't'o ~"
Of January, 1877. and on tho 27th Ut march,
1872. jau,ca Long WIS elected Assignee OF the
esxcta If the laua,upt. Eou,o time prior to
,,,;s ,1ornn1t h.y,c teen main in tho ,,ay,uont
".'s, "e'A"'' n-'e 49, - ...,..:. 49,.
o1 fae iheFoHt 1aa ohe VI 'no 'f"'o'' wa t''o ~"
trnst.decd coming due, tho Trustee In Tic iirrt
iocuub nu2o elected to furccluso n.d ad-
ver,Iard III, urnttr!y for aa.e under tho
a'ss,s 49,, asrn,. oo,,..,,od II, ,t,a ,r,v,-
PROVISIONS a'lo ''o"e'9 tun'a'i4"o ~ s'o tt"n'-
decd. However,, bet'fe the 1ltna i'r e'lo' ae~
cosdinG TO tile advertisement (and the sale WAS
In inke placo at itlo pottl door Of tho Court.
1roMso il tho CITY Of Clicaco). tho fire ca,ue
.n1 tna Conrt. Iiouse xaa Jcst.ovc,, so tl,a,
nothing remained OF IT, ana 81 the hoEth door VI
tho came. except rufus. 1hero WAS noltnl.
mora than ruin loft Of The Court House, OF .lo
Pace "ne'' " Inv . Ieeu' NV u''oo l1oa1 t"tt'
snen 'no sa'a o'a 'aks plsep, .is l'ac' . "nvre
originally ttood tic Court l1"aro was not tho
Court-Ilousc thcn. The salo took place, how
ayor. ut lint rolut OF, lilo 81 ,ay Of Soyrmher,
1879. u,y,Ant t3 advertisement, a.,Il Charlsn NJ
HnI,n trcaule tl1c lurcl,aser Of iho properly.
sljch wax Id OF IN .llo namo of Sm,tn. fSr ,sio
Trn.,"a lion ,u.,msed ihe mntca ~, raiI
hv lin sao nj liz, nronerty In nmes.inu. nnI
bs,iy.Tod ri them nyor to no:efs. Tho crautor
In tlo truat-Iotu. shur1ly aftrr tho suIp.-
executed ana delivered tu s'MltlI trllrt'u"od.
s9ysyS o. a tn' Jsr pt e a Wy
sara,,so '''tt' ~ lin ~ Il. IN r,ova ~ ~ u,v
r3'ano tto xt,.n ~ ea I'M md .s",r.f ina !. .n,
by % Erust.deej on tio roneity W n1,rcl.ased i Ly
lin at tlo saIo, u,.l srl,sc,1urnlly tin ,.s, Of
.aIoM,tin, a ~ M "onyayaI 4, ti,a nIi,.r daTs,G
80. Wi,,tr 4, w. "mt,n',t IN ,I';u ircnnhynrna
H., hi -, III cana srcks tn W.T. a.,, liza entrn
lila lila cnny"yea @ by to als'Es iar tho ast,,
H.. ~ :alc w,s s,n x',i ror ir,,,i md
tnss tho Fay "as sou, a"t 'taai M" su.us!ui
between tue rasca sgeo' . oeess ~ u ,t W. io
a., ~ anI 4,,r, h"c.n.o tn E,mit - IT, "o H.
raaco CO.. c.pany wIeh ne hold ia 1u o
t'9Sess eafiity .! reueIhptioh ~ tAe properly 70
syla "as ~ Ianstop1ey ~ ~ Tue lno tus haao ,ool
!aaee, anu 'Aaleiote IT, - soufua W. ne YOU HI
teatss tao'9, anu thoHo 49,. e'a1,ue M nt!oer tnssn'
= III nut disputed that Long tne Ans!9hee,
oia uola a!l 1ha .sGnts WHEN 1ns Gluitano ~
ata'so lou a.s hon ~ sma.1ot WI ~ .as aio'ss'
Eomols nsaes' r. %hea I'a Tss ''o aoSoaa a quo
Of tEautiu!ont cotnot'ln'iun bot"eGn koReEn. the
aostsagrr. a'Ia smth. sho i'qcshaaar' a'id tssll.
sr rue ho,aet OF tho aote, 10 hot tn'nH te
sy.1Sae9 a.e.ot. 20 a;stal'i lug aosas'ol,r "
only eytdsucc u mat gers MN l'Fcsent at the
sale. Ito had ths f'snt 70 oe tlG'e-tlcte was
uotnlns "lanR ~ .ne tact ~ ~ noiiE present,
~ Nas eae og paDao nasefs'ehens, ahd all