The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-12-16

Trustees Sale.


lAIHEREAs, The Rock Island Glass Company;
wv corporation existing under the laws Of the
State of Illinois, by its certain mortgage or trust
deed date a the oay 81 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 sew
enth day of November, A. d. 1876, in volume OF
mortgages. at page as2 thereof, did grant, bargain,
the following tract of land in that part OF the city
of Rock Island, in. the county OF Rock Island and
or lower Addition. described as follows, to-wit:-
All of block ten (10) together with all and singular
belonging or in any wise appertaining thereto;
also all the machinery and fixtures then N
about the business Of notwithstanding window glass,
carried on by the said corporation, In said city,
and which said trust deed wac given for the pun.
pose of securing the payment OF one hundred ana
fifty certain bonds of said corporation for the sum
of 1--WE hundred dollars each, all bearing dale the
the first day of August A ID. 1881 after their date,
10 said James M. Buford. trustee or bearer, with
able annually; said bonds having interest coupons
thereto attached for the annual interest TO become
iced and n to SAID record thereof being had, win
more fully and at large appear:
And WHEREAS, in and by said trust deco II was
among other things provided, that in CAGE OF de.
fault in the payment Of said bonds or any OF
them at the time they should become que or paya
should upon the application OF the owner or own,
OF said bonds or any OF them, sell the sald
might be Necessary, and all the right and equity OF
redemption Of said corporation in and to the same,
hand, at the north door OF the Court House. In
said city, after having advertised such sale, the
time. place, terms thereof and description OF the
properly to be sold for twenty (so) days in news
paper printed and published In said county thar
81 sad sale s e. IN %
consider to be best; that said real and personal
property should be sold in snch parts lots s16
termne to be best, but that the owner Or
owners Of majority in value of said bonded In.
he so1d and thar SAID trustee should offer the same
sale directed by them in writing: that upon
such sale such trustee should execute, acknowl-
edge and deliver to the purchaser or purchasers q
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 a full and com plete title IN
law and equity in and to the premises sold, and
that said corporation should execute and deliver
any other deed deeds to the premises sold as the
purchaser or purchasers might deem Necessary to
vest In them full and complete title in Zee Elm
ple:-
And WHEREAS in and by said trust deed it was
among other things iurther 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,
interest, should be due without any future action
or notice On the part OF the owner Or owners OF
fed of such non-payment IN writing, should pro-
coed to advertise and sell said real and personal
property in the same manner, at the same place.
like notice, and in all respects the sale shall
be conducted or conveyance made as thereinbefore
provided in of sale for ncn payment of the
bonds at maturity; and that until default should
be made in the Payment Of said bonds or coupons
the said corporation should have the right to use
ossess nd eniov sa;d and y,ers5nai nror
erty tor the purpose OF its business. but in case of
default in the payment OF said bonds or coupons as
on and take possession of the property therein
conveyed, with or without process OF law, and mp
the purchaser or purchasers according n the ex |
tent OF his. her or their purchase: |
And WHEREAS, there are now outstanding and I
unpaid ninety 500 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 |
gust, A. d. 1873, were duly presented to raid cor
2oration for payment at the Gate OF the maturity
The sum of thirty dollars and seventy-seven /
cents 1881 ID and default then made by said /
in the payment of the remainder there
And WHEREAS. all the interest coupons to said 1
ast mentioned bonds belonging, for the annual ih-t
'allment OF interest thereon which became due on
he first day Of August, A d. 1879, were duly pref
If the maturity thereof, and payment thereof was
,y said corporation refused:
And WHEREAS, more than ninety days have
Elapsed since said coupons respectively became |
iue and payable and were presented for payment,
md payment thereof refused rs aforesaid, where |
~ the Whole of said bonded debt, pr ncipal and
interest, bec~me due as. provided by said trust |
leed
And WHEREAS, said corporation. after demand
made. neglects and refuse to pay the same:
And WHEREAS, SAID last mentioned bonds and
coupons YET remain wholly Que and unpaid, save
he payment on said coupons due August first, A |
}. 1873 aforesaid. and there is now due and IN
'aid Their on the sum of ffty-two thousand five
lundred and ffty-three dollars and twenty cents
$50, 553 30: |
And WHEREAS, Philemon l. Mitchell the owner and
older Of eighty five 1857 IF said outstanding bonds
ndof the unpaid coupons thereto belonging and al
o oftne unpaid coupons upon two other of said out
standing bonds and Philander L. Gable the owner
md holder of three (3) of said outstanding
bonds and of the unpaidscoupons there to belong-I
ng, have duly notified the unders igped, trustee as
said
IONS and of said bonded Indebtedness aforesaid
nd requested him to at once proceed TO advertise 1
nd sell said real and personal property above |
aid deed of trust: and whereas the. undersigned as
UGH trustee, did thereupon enter upon and take |
possession of the property aforesaid, and now holds
he same:
Now, THEREFORE,, public NOTICES hereby given
hat the undersigned, the said James M. Buford. |
rnstee aforesaid, under and by virtue OF the |
over and authority to him given blythe. trust deed
foresazd. will ON Saturday the third day Of Janua
fternoon of that day. the rorth door |
the Court House, in said city of Rock Island, |
ash in hand, the following tract of land in that
art Of said city of Rock Island known and called
hicago or Lower a edition. described follows,
D wit:-AH Of block ten (I0), together with al
nd singular the Entertainments and appurtenan-
es thereunto belonging or ia any wise appertain
1g thereto. Also all the machinery and fixtures |
n the twenty fifth day of November, A. d. 1876 |
ont aimed In the buildings sad premises and
sed in and about the business of m nufacturing
indow glass carried by said corporation in
lid city, aud all the right and equity OF redemp
on Of the said The Rock Island Glass Company !
and to the same to isfy said bonded indebt- !
iness and the costs of saId sale.
Dated this twenty fourth day Of November, A. d.
80
JANIS NJ. BUFoRD,
OSBORN, Curtis & O'NEIL, Att'ys 1l-24d32 4 ]