Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1879-02-12
ArgaI advertisements.
Notice of Foreclosure of Mortgage.

w hEREAs the Bucksport and bangor Railroad
~ company, corporation duly established by
dated November 10TH \. d. 1873, executed under the
sea- OF The corlOlaIiUn and Recorded in the Registry
81 Deed, Tor the County of Hancock, in the state Of
Manr, "lulne no. Rage 22 and In the Registry of
Deeds for the County Of lcuubseOt in laid staff, of
Maine, Volume 100, Page id5, grant, bargain, sell
transfer and convey unto Richard T. Buck of I,rnoL
Nn IN the State If New York. and samuel r. Her
scy OF Bangor in the County of Icnob.rut and Stan,
of Maiu", their successor or successors IN t ,r,,,
created IN the said instrument, all its rights title and
interest ia aud to all aud singular its propcriy mi
ana PERSONAL CT whatever nature and description ia.
ciing is Halfway and appurteuanc,s all its rights
privileges, franchise and easements nil huil5ina,
use, in connection with said Railway or The bnsiu,s
thereof ana all lands or grounds on which they
stand ana whatever pertains To said road 10 la, and
TO hold the atoregranted premises with All III,
rights pr'ieges easements aud appurtenances there.
to belonging thereby conveyed or Intended TO he, con.
teycd, I" tie sHid Richard 4. Buck and samuel +
llerscy. and their in the trusts tL,r.nf II,
their use and bchoof forever, but only ul,nu the
trusts ami for the purposes therein declared and ii
urt L" Wit lui the persons and corporations. and
Ia trust for the benefit, protection and security of the
persons or corporations who should hold fine bond. Ia
be issued by the sald Buck sport and Bangor Rail.
road uinparv, which wcr. in the aggregate of the
Amount or sum OF -Four Hundred thousand Dollars
~ Stipulated IN sald instrument aud Tor enforcing
TIE 'lipuia;i'n- OF the said Railroad Company in
that behalf in their true intent and meaning wheth.
er contained in said Bonds or in said instrument and
subject to the provisions ut the Laws of the State
of Maine, relating 10 Railroad mort cages and In,
rights, powers, duties and obligations of Trustee
And, whereas, tie ,nid Richard T. Buck and thu,
said Samuel r lersey accepted the trusts created ms
aforesaid ahh' whereas, amer said acceptance samuel
+. ilersty, one OF lhV Trustees aforesaid, died and
whereas, NJ meeting of the bundholders under said
mortgage. called and notified according 10 the Stat
ute IN such case made aud PROV ded sewall H. Swa
zey of iuVksport, in the ouutV of Hancock and STA
ct Maine, wa elected hy ballot hv said b,udho,I,r,
n u new iruSite to MI the Vacancy csiu,,d by the
death OF the said samuel +. IIcrsc,, and, wttrea.
the proceedings of said meeting of bundhol,irr. was
presented 10 le supreme Ju,iica curt of the state
Of Maine, hY Whom, after notice and hearing snid
election o the said Sewall Il. >wazcy Trustee was
affirmed.
And, whereas, the sail Eichntd l.. Buck has since
said election and ahrnance, executed the ec,s.nry
transfer ot thr trust property to the new Trustee
And. whereas, the conditions of said mort gag.
were, that in the said Buck short and pnu,n,r
Railroad tompan, should fail 10 pay the PRINCIPAL or
ANY lar thereof or the interest any pnrt thereof
of ANY of said ii"nds wien the same should be de.
nnded, after The SAME should have become due and
lmNh"hi AiH ~Hu'id neglect 20 pay the same for the
term OF ninety days after said rniund such proceed.
ings might be had Tor the purpose oi enforcing pay.
lncnt or 81 ioitelo'ing said mortgage As Is provided
in the hfty first chapter of the Revised Statutes the
state of Maine or Of any amendments thereto, there.
tO.Ore made, or thereafter Ia he made
And, whereas, the said Corporation has failed to
pay the Interest upon all of said Bonds although the
Interest coupons we've presented to- aud said ners
was demanded OF the Treasurer of said AT
Ter II became 'lu, aud payable, and elected pay the
same for the term of ninety DAYS after said demand
And, whereas, an application has been made TO a.
IN the words and figure following. to wit TO Mes
Richard l.. Back and >ewall Il, Swazev Trustees
under certain mortgage made by the Bucksport and
Bangor Railroad company to trustees dated Nnvenl-
Der TO- sa3, and recorded in the Registry ofDecs for
| the County of Hancock in the state of Maine. Vol
unc li6. Page ~, aud recorded in the Registry of
Deeds for the County Of Fenobscot. In said State.
Volume 40 Page Hj The undersigned. being hui-
ders OF Bonds sccsrcd by the mortgage aforesaid in
Tie stEis or amounts Ut par, exclusive Of interest
a. set against our names below respectively .h.l,
sums on amounts. III the aggregate. exceed one.
third OF the Whole amount uf the bonds secured BY
me mortgage aforesaid, hereby apply TO You TO have
the said mortgage tUTeclOsed according TO law i,,l
at BucASp0r n the County of Hancock. Ia the state
OF Maine, on the twenty sixth day Of December, 4.
! ID. ISIS
Peter &. Cornell, 20 Bonds, each iiCoo $1,000 60
tuobih BIticll, EXT, 20 " 1900 "