The Rock Island Argus., 1879-11-26
LEGAL, ,
Trustees Sale.

w corporation existing under the laws OF the
deed bearing date the twenty fifth day of Novem-
Der, d. 1876, duly executed, acknowledged and
delivered, and duly recorded in the office Of the
Recorder OF Deeds in and for the county OF Rock
Island, in the State of Illinois, the twenty-seV-
enth day of November A: D. 1870 In volume OF
sell ana convey unto James M. BufOrd, as trustee
the following tract of land N that part Of the city
of Rock Island, in the county of Rock Island. and
State of Illinois, known and called Chicago
or Lower Addition, described as follows, to-wit:-
All of block ten C10), together with all and singular
the hereditaments appurtenances thereuDto
belonging or in any wise appertaining thereto; :;
also all the machinery and failures then contained in
the buildings said premises, and used in and
about the business of manufacturing window glass,
carried on by the said corporation, in said city,
and which said trust deed given for the pur-
pose of securing the payment of one hundred and
of five hundred dollars each, all bearing date the
first day of December. A. ID. 1876, and payable on
TO said James M. Buford, trustee bearer, with
Interest at the rate of ten per cent per annum pay
able annually; said bonds having interest coupons
thereto attached for the annual interest TO become
due thereon reference said trust
Iced and to said record thereof being had, will
more fully and at large appear:
And WHEREAS, in and by said trust deed 1t was
among other things provided, that in CAGE of de-
fault in the payment OF said bonds any of
them at the time they should become due OF paya-
BILE according to the terms thereof the said trustee
| should upon the application of the owner own
ers of said bonds or any OF them, sell the said
real and personal property or such part thereof as
might be Necessary, and all the right and equity of
redemption of said corporation in and to the same,
al auction to the highest bidder for cash in
hand, at the north door OF the Court House. in
ala city, after having advertised such sale, the
time, place, terms thereof and description OF the
property to be sold for twenty (20) days a
paper printed and published in said county; that
said trustee might also give such other and like
notice OF said sale he in his discretion might
property should be sold in such parts lots sub
divisions or as whole said trastee might de-
owners of a majority in value of said bonded in
debtedness might direct how said property should
be sold, and that SAID trustee shoud offer the same
Tor sale as directed by them IN writing thai upon
such sale such trustee should executc, acknOWl-
edge and deliver TO the purchaser or purchasers a
good and sufficient deed or deeds for the premises
sold and bill of sale for the personal property sold
that said deed or deeds should convey TO the pur-
chaser or purchasers full and complete title in
law and equity in and to the premises sold, and
that said corporation should execute and deliver
any other deed or deeds TO the premises sold the
purchaser or purchasers might deem necessary to
vest in them full and complete title in fee sim
ple:-
And WHEREAS III and by said trust deed it was
among other things iurther provided that IN case
the said interest coupons or any IF them should
be paid within ninety 900 days after the same
should De due and payable and presented for pay
rpent, the wnole of said bonded debt princ and
interest should be due without any future action /
or notice On the part OF the owner owners Of i
saiG bonds or coupons, and said trustee when pat
fed of such non-payment In writing, should pro-
coed to advertise and sell SAID real and personal
property in tie same manner. at the same nlace
upon like notice. and in all respects tn sale shall
he conducted conveyance made thereinbcfore
provided in case of sale for nrn nayn,ent Of tne |
bonds at maturity; and that until default should
be made in the laymeEt ef said bonds or coupons
the said corporation should have the risht To- nse
possess and enjoy said premises and personal prop-
ery TOR epurpcse Of it's business. but in case Of
default in the pay ment Of said bonds coupons as
therein provided, the said trustee might enter ID
on and take possession of the property therein |
conveyed, with or without process OF law, and up
on sale there OK rs aforesaid deliver possession TO
the purchaser or purchasers according to the ex
tent OF his, her or their purchase:
And WHEREAS, there are outstanding and
unpaid ninety 900 of said bonds and no more
And WHEREAS, ali the interest coupons thereto
belonging for the annual installment of interest
thereon which became due on lie flr= day AZ An
gust, a. D. 1873, Were duly presented to said cor
poration for payment at the Gate of the maturity
thereof, and there then paid upon each thereof
the sum of thirty-one dollars and seventy-seyeu
cents (S3177E and default was then made by said |
corporation IN the payment of the remainder there
of:
And WHEREAs. all the interest coupons to said
last mentioned bonds belonging, for the annual in
stallment of interest thereon which became due on
the first day Of August, A ID 1879 were duly pre-
sented to sa1c corporation for payment at the date
oI the maturity thereof, and payment thereof was |
by said corporation refused:
And WHEREAS. more than ninety DAYS have
elapsed since said coupons respectively became |
1ue and payable and were presented for payment
and payment thereof refused aforesaid, where. |
by the who,e OF said bonded debt principal and |
Interest, bee me due as provided by said trust
deed:
And WHEREAS, said corporation, after demand
made, neglects and refuse to pay the same:
And WHEREAS said last mentioned houds ard |
coupons yet remain wholly due and unpaid save
he payment on said coupons due August hrst, A
D. 1873 aforesaid, and there is now due aud un-
'aid ther, the of rfty-two thousand Eve
hundred and ffiy-three dollars and twenty cents
$50, BOB 20l:
And WHEREAS, Philemon L.Mitcheil the owner and
oder Of eighty five (85) Il said outstanding bonds
ndof the unpaid coupons thereto belonging and al
o Of the unpaid coupons upon two other of said ont
landing bonds; and Philander L. Cable the owner
nd holder OF three go of said outstanding
onds and of the unpaidkcoupons there To belong
ng, have duly notified the undertign trusfee as |
foresaid. in writing Of the nonpayment of said cou-
one and of said bonded indebtedness as yforesaid
nd requested him TO az once proceed to advertise
nd sell said real and personal property above
for the payment thereof as provided by
aid deed OF trust: and whereas sthe.underSigned a.
lch trustee, did thereupon enter upon and take
ossesslon of the property aforesaid, and holds
lie same:
Now, THEREFORE, public notice is hereby given
lat the undersigned, the said James M Buford --
ustee aforesaid, under and by virtue of the :
oresaid, will on Saturday the third day of Janua-
I, D. 1885, at two O'Clock in the
'ternoon of that day, at the north door
the Court House, in said city Of Rock Island.
u 81 puolc suction, to ihe highest bidder for n
sh IN hand, the following tract of land in that u
art OF said city OF Rock island known and called N
n1cago or Lower Addition. described as follows ~
w1t:-AI Of block ten (I0) together with ali
lu singular the bereditaments and appurtenan-
3 tnereunto belonging Ia any wise appertain-
g thereto. Also ali the machinery and fixtures, ca
the tWenfy-hfth day of November A. ID. 1876 thf
NAMED IN the buildings or said premises and ing
ca In and about the business of manufacturing by
ndow glass. carried By said corporation In drs
1d city, aud all the right end equity OF redemp- cu
)D of the said The Rock Island Glase Company for
and to the same, to ga isfy said bonded indebt- 4
mess and the costs of sald sale. abe
Dated this twenty fourth day OF November A. ID. for
JAMES M. BUFoRD, ana an,
Trustee.
OSBORN, CURTIS s. o'NE1L, Att'ys. n-a4ds2