The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-11-24
To-DAYs' ADVERTISEMENTS.
TruStee'S Sale.


deed, bearing date the twenty-ffth day of Novem-
Der, A. ID. 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, the $ ate of Illinois the twenty-seV-
enth day of Novembsr, A 1870, in volume Of
mortgages, at page 2S2 thereof, did grant, bargain,
sell and 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 follows, to-wit:-
AL of block ten 10), together with all and singular
the hereditaments and appurtenances thereunto
belonging or in any wise appertainiBg thereto
also ali the and fixtures then con aimed in
the buildings said premises, ard used in and
about the business of manufacturing window ass,
carried on by the said CORPORATION, in said city,
and which said trust deed wat given FOR the pur
pose Of securing the payment of one hundred and
of five hundred dollars each, all beai ing dare the
hrst day of December. A. ID 1876, and payable on
to said James NJ BUford, trustee bearer, with
Interest at the rate OF ten per per anuum, pay
able annually; said BONDS having interest coupons
thereto attached for the a1uual interest 10 become
Que thereon respective reference to said trust
deed and to said record thereof being had, will
And WHEREAS, in aud by said trast deed it was
among other things provided, IL Il in de-
fault II The payment OF said bonds any OF
them at the time they should become due or paya-
BILE according to the thereof the said trustee
"uld upon the application of he owner
ers OF said bonds or any o. them, sell the said
real and personal property, or soch part hereof
might be necesssy. and all the right and equity OF
redemption OF said corporado,i ia and to the same,
at pablo auction to the highest bidder for cash in
hand, &t the north door Court House.
s4ld city, aI.er having advertised such sale, the
time place terms thereof and description Of the
property to be sold for twenty (20) days a news
paper printed and published III said county; that
said trustee might also give snch olher and like
notice of SAID sale he in his discretion might
consider TO be pest; that SAID real and personal
property should be sold in sdch psrts lots sub
divisions or as whole as said trasiee might de-
tsrmlue TO be best but tnat the owner
owners of a majority in value of said bonded in
debtedness might direct how said property should
be sold and that sald trustee should offer he same
for sale as directed by them III writing; that upon
such sale such trustee should execut acknowl-
edge and deliver the purchaser or purchasers a
good and sufficient deed or deeds for the p; emses
sold, and bill of sale for the personal property sold
that said deed o. deeds should convey TO the pur-
chaser purchasers full and com Jlete title in
law and equity in and 10 the premises sold, and
that said corporation should execute and oeiiyer
any other deed deeds the premises sold as he
purchaser purchasers might deem necessary to
vest in them full and complete title in fee sim
ple:-
| And WHEREAS in and by said trust deed it was
among o1her things iuTther provided that IN case
the said interest coupons any of them should
not be paid within ninety 800 days after the same
should be due and payable and presented for pay
ment the whole of sa'd bonded debt, principal aud
| interest," should be due without any future action
or notice 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-
ceed to advertise and sell said real and personal
property in the same manner at the same place,
upon ike notice. and In all respects the sale shall
be conducted or conveyance made thereinbefore
provided in case of sale for non payment of the
bonds at maturity; and that until default should
be made in The payment of said bonds or coupons
the sa10 corporation should nave the right
possess and enjoy said premises and personal prop
erty Tor Inc purpose of it's business but in
default in the payment Of said bonds coupons a.
therein provided the Faid trustee might enter lp-
and take possession of the property therein
conveyed, with or without process OF law, and up
on sale thereof as aforesaid deliver possession 10
the purchaser or purchasers according to the ex-
| tent OF his her or their purchase:
And WHEREAS, there are now outstanding and
unpaid riney (9o) of said bonds and no more.
| And WHEREAS, all the interest coupons thereto
belonging for the annual installment of interest
thereon which became H.
gust, A. ID. 1873 were dull presented 10 said cor
poral for payment at the Gate OF the maturity
hereof and there then paid upon each thereof
the of thrty-one dollars aud seventy-seven
cents 10, and default was then made by said
corporation in the payment of the remainder there
And WHEREAS all the interest coupons to said
siaIlment of interest thereon which became due
the first day of August A D 1879, were duly pre-
sented to said corporation for payment at the date
of the maturity .hereof. and payment thereof
by said corporation refused:
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 as Aforesaid, where
| by tne whoe of said bonded debt principal and
interest, became due as. provided by sad trust
deed:
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 due and unpaid, save
| the payment on said coupons due August first A.
paid ther. the of 1ifty-two thousand five
hundred and ffty-three dollars and twenty cents
| 1852 553 ~:
| And WHEREAS, Philemon L.Mitchell the owner and
holde- Of eighty five 1851 %, said outstanding bonds
andof the unpaid coupons thereto belongfn and al
of paid upon two other of said out
standing bonds and Philander l.. Gable the owner
ana holder of three (3) of said outstanding
bonds end OF the unpaid7coup there TO belong
ing, have duly notified the undersigped trustee as
aioresaidn writing Of the non-payment of said cou-
pons and of said bonded indebtedness sfor esaid
and requested him to at once proceed 10 advertise
and cell said real and pessonal property aoove
mentioned for the payment thereof. provided by
aaid nff
such trustee. did thereupon enter upon and take
possession of the property aforesaid and now holes
the same:
Now, THEREFORE,, public notice is hereby given
that the undersigned, the said James NJ. Bc1ord,
trustee aforesaid, under and by virtue of the
power and authority to him given blythe trust deco
aforesaid, will on Saturday the third day Of Janua-
~, A ID. 1850, at two O'Clock in the
afternoon of that day. at the north door
| of the Court House, in said CITY of Rock Island,
cell at public auction, TO the highest bidder for
cash 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,
to wit ALI of block ten (10) together with ali
and singular the bereditaments and appurtenan.
ces thereunto belonging in any wise appertain-
/ ing thereto. Also ali the machinery and fixtures,
on the twenty-ffth day of November, A. ID. 1876,
contained in the buildings ON said premises and
| used in and about the business of manufacturing
/ window glass. carried by said corporation ia
| ton of the said The Rock Island class Company
In and to the same to sa isfy said bonded indebt-
| sdnees and the costs of said sale.
/ Dated this twenty fonrth day OF November, A. ID.
1879. -
OSBORN, CURTIS & o'NErL. Att'ys. 1I-a4dsa