Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1877-10-16
Portland & Ogdensburg Railroad, .
Foreclosure Of Mortgage.

TINE undersigned hereby give notice that the
i Portland Il Ogdensburg RAILROAD Company
a corporation Incorporated by the state oil
Maine and by an act of said State Of Maine
Invested with power and authority to continue and
prolong It's railroad beyond the line OF said state
through the state of New Hampshire to the east
crn Inc of the State of Vermont and TO take and
hold lands or the right Of way over lands, for the
purposes of said railroad, without the limits OF
the State of Maine 10 said line of vermont. 10 sc.
cure the payment OF the principal anu semtannuai
interest coupons of the bonds OF said corporation
10 the amount of Eight hundred thousand dollars,
authorized by vote OF the stockholders, al "A
meeting, duly notified, and holden October Il, a.
ID. 1870, TO wit: five hundred bonds Tor one thous-
and dollars each, and six hundred bonds for i've
hundred dollars each, all dated November |, 1870,
and payable on the first day OF July, in the year
one Thousand nine hundred, with semi-annual in.
terest coupons annexed for interest on the Hrs
day of january, and the hr.t day of July In each
year principal and interest payable at Boston, in
gold did on the first day OF Noyembr, a, ID. Is 10,
by It's deed OF that date, duly executed and sealed
with IT'S Corporate Seal, acknowledged and deliy.
cred mortgage TO Woodbury. Davis. then in full
life but since deceased, Samuel r.. spring and
Weston T. Millikcn, all OF Portland In the County
of Cumberland and State Of Maine, their survivors
and succcssors as In said mortgage designated
All that part of the rrilToad OF said Portland 4
Ogden sburg Railroad Company, extending ana %
be extended from the terminus In Portland, in the
State OF Maine, to Bartlett in the State OF New
Hampshire, located and 10 be located within said
limits called The Portland 4 Ogdensburg Railroad
including
and held or TO be hereafter Ito wit after said ars,
day of November, A. ID. 1870 taken and held with
in said limits, In the States OF Maine anu New
Hampshire, by said company Tor the purpose OF
its road, and all the franchise OF said road to
build, maintain and operate said road from said
Portland TO said Bartlett, granted or hereafter ITO
Wit amer said lirst day OF November, A D'lsIOl 10
be granted by said States OF Maine and New
Hampsbre and all the rails and superslructure
of said railroad between said limits OF Portland
and BARTLETT together with all cars, engines and
other movable furniture, machinery and equip
ments OF said road and all other personal Proper
~ OF said Company, appertainng 70, and connect
ed with the customary use and working OF said
railroad and the machinery theroofi TO have and
TO hold the premises with all the privileges and
appurtenspces thereof and belonging thereto, TO
them the said Woodbury. Davis, Samuel Il. Spring,
and Weston r. Milliken, thsir survivors and sue
cessors as Joint tenants and not as tenants in com
mon upon the agreements, conditions and trusts 10
said mort deed set FORTH that 10 TO say on the
conditition that IL said company should welltnd
truy nav the interest," shall from time To time
accrue and become payable upon any and all the
aforesaid bonds Of saId company, and shall well
aud truly pay the principal OF said bonds, nj the
maturity thereof, then said deed should be void
and on trusts and agreements as set out in SAID
mortgage deed, and said trustees, woodbury. D9-
Wis samuel l.. Spring and Weston y. Milhken, by
their respective signatures TO said deed accepted
said trusts and Afterwards on the deceasc oil said
woodbury. Davis, the undersignod. Philip Henry
Brown was duly appointed successor in said
the provisions OF said mortgage, and accepted said
trust and by proper conveyance from said Samuel
r. spring and Weston + Mliken, the survivors
OF said original trustees, became ana 10 vested
Jointly with said Samuel l.. spring and Weston +.
Millken with title in tho premises, upon the con
dtions aud TO aud for the same trusts aud with the
same powers and provisions declared ana set out
in said deed and that the conditions of said mort
Gage have been broken by said Portland & OK.
densburg Railroad Company, by Its neglect and
refusal for more than ninety day after present
mcnt and demand on the Treasurer II said Com.
many TO pay the 80 mi annual coupons Aforesaid
on the bonds aforesaid, secured ~ Aforesaid by
SAID mortgage, which became due and payable or
III. first dAy Of January, \. ID. 1917, which said
coupons were ~ their maturity, and when they
were uayAble, according 70 their tenor, nrst pre-
seuted NJ Boston, and payment Of the same was
then NJ said Boston demanded aud refused, SUD
va- afterwards and more than ninety day. before
thir date presented tn the reasurer OF Said COm'
Iauy, 40 It's OtUe ~ P1ftand, and pAN neht OF tht
same demanded arC was refused. That bundhold-
ers holding more tlsd one thirl in amount Of the
bonds Issued by sHd Company, and secured 10
the aforesaid mortgage have made Application 70
the rndorsE nci, O. have e1iu mortgage loitClo9c'
and claim tat .ht,r coupons for interest on SAID
bonds, which became due and payable on the nT-I
dsy OF January, 4. y. 1871, were Pfe-ehtcl -
Aiura. !, ~ Boston where the same were mace
u4vanls. snd payment of tho same was there de-
mo- utod and refused. aud thnt afterwards the same
coupons, than ninety days prior 10 their saiu
application were presented al the oftce OF said
compaI y in Portland. 10 the Treasurer OF sad
Company and payment OF the same was there de-
mand-d OF said Treasurer, and refused by MIN,
and hath ever since been, and still IA refused, anu
that thereby the condition Of said mortgage has
been broken, and the right 10 have said mortgage
ioreclosed by the Trustees, for the benefit OF all
holders q! bonds coupons and other claims secur'
cdthere by, hath accrued to thein,ss sppheahs
AID the undersigned, for the reason Of the prem
ises and of said condition broken, claim fore
closure of the aforesaid mortgage.
Dated at Portland the ninth day Of Oct AID. 1871
ol6 ;. +. SPRING,
3w w. +. MILLIkEN, I ITusfees
PHILIP HENRY BROWN.