The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-12-10
LEGAL,
Trustees Sale.

tAfHEREAS,, The Rock Island Glass Company,
w corporation existing under the laws OF the
State Of Illinois, by its certain mortgage or trust
deed, bearing date the twenty-hfth day OF Novem.
Delivered, and duiy recorded in the Office of the
Recorder of Deeds, In and for the county of Rock
an,h dav Of NoVember A ID 1919 in volume Y OF
mortgages, at page 282 thereof did grant, bargain,
cell and convey unto James M Buford, az trustee,
the following tract of land in that part of the city
of Rock Island, in the county OF Rock Island, and
state of Illinois. known and ,o called Chicago
All of block (10), together with all and singular
the hereditaments and appurtenances thereunto
belonging or in any wise appertaining thereto
also all the machinery and fixtures then contained In
the buildings on 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 was given for the pur-
ffty certain bonds of said corporation for the sum
of five hundred dollars each, all bearing date the
the fret day of August, A. D. 1881, after their date
to said James M. Baford, trustee or bearer, with
able annually; said bonds having interest co upons
thereto attached for the annual interest TO become
due thereon reference to said trust
deed and to said record thereof being had, will
more fully and at large appear:
ana WHEhsAs, IN anu ~ ediI that IN csse os de-
fault in the payment OF said bonds or any OF
them at the time they should become due or paya-
Bile according to the terms thereof the said trustee
ehouid upon the application of the owner or own
of said bonds or any of them, sell the SAID
real and personal property, or such part Thereon az
might be Necessary, and all the right and equity OF
redemption of said corporation in and to the sane
public auction, to the highest bidder for each In
hand, at the north door of the Court House. in
said city, after having advertised such sales the
time, place terms thereof and description of the
property to be sold for twenty coy days in news
paper printed and published In said county mat
said trustee might also give such other and like
notice OF said sale he in his discretion might
consider to be best; that said real and personal
property should be sold in such parts, lots, sub
divisions or as a whole, said trustee might de-
termine to be best but that the owner or
owners of majority in value Of said bonded In,
doh m direct how said nF0DeFfY should
be sold, and that SAID trustee should offer the came
for sale directed by them In writing; that upon
such sale such trustee should execute, acknowl-
edge and deliver to the purchaser or purchasers
good and sufficient deed or deeds for the premises
tn at said deed or deeds should convey to the pur
chaser purchasers full and complete title in |
that said corporation should execute and deliver
any other deed or deeds to the premises seld as the
purchaser purchasers might deem necessary to |
vest in them full and complete title in fee sim
ple:-
among other things further provided that IN case |
the said interest coupons or any OF them should |
not be paid within ninety 900 days after the same
should be due and payable and presented for pay |
nent, the whole of said bonded debt principal and
interest, should be due without any future action
or notice on the part OF the owner or owners of |
said bonds or coupons, and said trustee when mott |
fed OF such non-payment IN writing, should pro-
coed to advertise and sell said real and personal
property in the manner, at the same place, |
upon like notice. and in all respects the rale shall
be conducted or conveyance made as thereinbefore
provided in of sale for non payment of the |
bonds at maturity; and that until default should
he made in the rayment of said bonds or coupons
the said Corporation should have the right 10 use
possess and enjoy said premises and personal prop
ery tor the purpose of its business but in case OF
default in the payment of said bonds co%Pons
tn. rein provided, the said trustee might enter up
and take possession of the property therein
a sale thereof aforesaid deliver possession to
the purchaser or purchasers according to the ex-
tent OF his, her or their purchase:
And WHEREAS there are now outstanding and
unpaid ninety 800 of said bonds and no more.
And WHEREAS, all the interest coupons thereto
belonging for the annual installment of interest
thereon which became due on the first day af Au.
Poration for payment at the cate OF the maturity
thereof, and there then paid upon each thereof
cents ($3l77), 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-
scented to said corporation for payment the date
of the maturity thereof, and payment thereof was
by said corporation reused
And WHEREAS, more than ninety days have |
elapsed since said coupons respectively became |
due and payable and were presented for payment, |
and payment thereof refused s aforesaid where.
by the Whole of said bonded debt, principal and |
interest, became 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 bonds and |
the payment on said coupons due Aurust drst a |
ID. 1875 aforesaid, and there is now due and I'M
paid Their on the sum of hfty-two thousand FIVE |
hundred and ffty-three dollars aud twenty cents |
{ So, SOB 2U):
And WHEREAS Philemon L. Miche i the owner and |
holder OF eighty five 1851 Of said outstanding bonds
andof the unpaid coupons theI cto belonging and al
70 OF the unpaid coupons upon two other OF said
standing bonds; and Philande- l. Cable the owner
and holder of three ~ Of said outstanding |
bonds and Of the unpaidscouppns there belong
ing, have duly notified the undersigned. trustee az
azores aid in writing of the nonpayment of said cou
pons and OF said bonded Indebtedness aforesaid
and requested him TO at once proceed TO advertise
and sell said real and personal property above
mentioned for the payment thereof. as provided by
said deed of trust: and whereas the undersigned
such trustee, did thereupon enter upon AID take
possession of the property aforesaid, and now holds
the same:
Now, THEREFORE, public notice is hereby given
thai the undersigned, the said James Il. Buford, |
trustee as aforesaid, under ana by virtue OF the
power and authority to him given blythe trust deed
y, ID. 1880, two O'Clock in the |
afternoon of that day. at the north door
ell at public auction, to the highest bidder, for
ash in hand, the following tract Of land in that
part Of said city of Rock Island known and called
chicago or Lower addition. described as follows,
o vital Of block ten Q0), together with all
mo singular the Entertainments ana appuFtenan-t
es thereunto belonging or 10 any wise appertain-
ng thereto. Also ali the machinery and fixtures,
N the twenty 18th day OF November, A. ID. 1876,
sed in and about the business of manufacturing
window glass. carried by said corporation in
aid city, aid ali the right and equity OF redemp-
ion of the said The Rock Island Glass Company
and to the same, to sa isfy said bonded indebt-
dness and the of said sale.
Dated this twenty-fourth day Of November, A j,
2.
JANIS NJ. eVFoRD,
OSBORN, CURTls & O'NEIL, Att'ys. 11-24d32