Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1879-02-11
Argal advertisements.
Notice Of Foreclosure of Mortgage.

WHEREAS the Bucksport aud Bangor Rnilroud
w Company, II corporation dulv established by
ht iawN "i "a" STATE Il" Maine, did, by INSTRUMENT
dated November 10Th, \. H. S:l executed under the
seal of the corporation and ,orl,d In The Registry
OF Deeds for the County of Hancock In the Stnt, III
Maine Volume ifG. Page ~. and in t,. R.pis,rv ~
Deeds for the county of ltnoliscot, in said STAT. of
Maine, Volume 49, Page 100, grant, bnrpniu sell
transfer and convey unto Richard L. Buck of hook.
Nh' IN HE STATE OF New York, and samuel r. Her.
seN OF Bangor, in the County of venobscot and STATE
o hhilt lHcr successor Successors in tho trlsts
crca'eu III the sad instrument all It's rights. title and
interest IN amt TO all and singular, its property real
and personal Of whatever nature aud descriptiop in
cndng us Railway and appmricnances ;all ts rights
privileges, ilanci!isc, and easements, all buildings
used in connection with said Railway ar the bu sm,ss
thereof, and all lands or grounds on which thcy
stand and whaicvcr pertain, to ,,id Io1I ,nhny, NH
TO hold the aforegranted premises with an The
rights, privileges easements and aplMrt, there
to belonging, thereby conveyed in ended To be con,
yeNeti, Ia the said Richard l.. Buck and Samuel y
licrsey. and their in the trusts Thereof ia
their and bchoof forever, but only unn,, th,
trusts and for the purposes therein declared and -
tmth, To wit Tor ine persons and corporations and
IN trust for the benefit protection and security Of The
persons ~ corporations who should hold the bonds to
Ice Issued by the said BuclSpUrt and Bangor Rail
road company, which were in the aggregate of m.
amount or sum of Four Hundred Thousand pnllnrs
stipulated in said instrument, aud for enforcing
the siipuafunS ui the said Railroad toluluuy In
that behalf in their true latent and meaning whctl
ca contained ia said Bond. in said Instrument and
subject tn the prov i>0ES ct the Laws of the State
OF Maine, relating 10 Railroad mortgages and the
rights, powers duties and obligations OF Trustees
therein ana lhtfthN appointed,
And, whereas, tile said Richard T. Buck and tia.
said samuel r. il"rscy accepted the trusts created "A,
aorc said, and whereas, alt,r said acceptance samuel
I. ierSvt, one of the Trustees aiuIt said died and
whereas AZ meeting of tile huuholdcrs under soId
mort gage, called and Lotife,l according tn IN, Stnt
ute Ia such case made aud pro, idel SHvnn h swn
zey of Buelsport, in the County Of Hancock and sta
ct Maine Wa elected hy ballot hy said bon,llud,r,
rs new trustee TO MI thu Vacancy caused by the
death of the said samuel r. Hers.y, and whereas
the proceedings OF said meeting of bonlholcr, Was
presented to the supreme judicial Court of thu, State
o. Maine, by whom, alter notice and Ia, airing, said
election OF the said Sewall H. Swazcy as Trustee was
affirmed.
Aud, whereas. the sad Richard l.. Buck la, sine,
said election and aiirnanee .N.cutcd I'm, necessary
transfer oil tile trust property to thu new Trustee,
And, whereas, the conditions of said mort gage
We're, that iii cast the said BucksIort and Bnngor
Railroad omlany should fail to ay the priuciii or
any part thereof or the interest any rnrt thereof
OF any of said l."nds, when the should he de.
manlcd, amer the same should have become . and
payable, and should neglect Ia pay the same for the
term ot ninety days after said demand such proceed.
ing, might hv lad ior the purlosc of enforcing ray.
mcni. or OF i"itciosing said mortgage rs l. provided
in the htt iirst chapter of the devised statutes the
state OF Maine or OF any amendments thereto, there
tO.orc made, or thereafter 10 be made
And. whereas, the said Corporation has failed 10
pay the interest upon all Of said Bonds, although the
Interest coupons were presented to, AMI said nicrr,
was demanded Of the Treasurer If sid Iporaiion af-
ter 1t became due and payable and neglected pay the
same for the term of ninety DAYS after said demand
And, whereas, an Application has been made to MS
III the words and figures following 10 wit: TO Mes
srs. Richard L. Euck and ScWall b. Swazev, Trustees
under certain mortgage made by the Buckspor and
Bangor Railroad Company to trustees, dated NoycnI.
Der TO- le and recorded ia the Registry Of Deeds for
the County of Hancock, in the State OF Maine Vol.
ume no Page ~, and recorded in the Registry of
Deeds for the county of Penobscot, in laid state
Volume i6 Page lGl The undersigned, being hol-
ders of Bonds secured by the mortgage aforesaid in
the sums or amounts at par, exclusive of interest
rs set against our names below respectively, which
sums or amounts, in the aggregate. exceed one.
ihird of the whole amount of the bonds secured by
the mortgage aforesaid hereby apply to you to la, e
ted
at Bnckspor IN the County of Hancock. Ia the State
of Maine, ON the twcnt! sixth day of December \.
u. ISIS:
Peter {. Cornell, 20 Bonds, each 1890 $4,000 %
Robin battell. EXT. ~ ~ go M