The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-12-15
LEGAL.
Trustees Sale.

Trustees Sale.
,stHEREAs. The Rock Island Glass Company,
Wv corporation existing under the laws OF tht
State of Illinois, by its certain mortgage or trus
See % 1875 dnly executed, acknowledged and
delivered, and duly recorded In the ONCE OF Jnt
Recorder Of Deeds In ana Tor the county OF hoct
enth day of November, A. ID. 1876, in volume o.
mortgages, at page 2S2 thereof did grant, bargain
sell and convey unto James MI. Buford, as trustee
the following tract of land in that part of the city
of Rock Island in the county of Rock Island, ant
State of Illinois, known and called Chicagt
or Lower Addition, described as follows, to-wit:-
All of block ten (10) together with all ana slngula
the hereditaments and appurtenanees tnereunt'
belonging or in any wise appertaintng thereto
also ali the machinery and fixtures then contained II
the buildings on said premises. and USED IN ane
about the business of manufacturing window glass
carried on BY the eaid corporation, in said city
and which said trust deed was given for the pur
Rftv certain bonds of said corporation for the sun
of five hundred dollars EACH ali bearing dale tht
first day of December. A. ID. 1870, ana paYabie Oh
the first day of August A. d. 1881, alter their date
TO said James M. Buford. trustee or Dearer, VIII
interest at the rate Of ten per cent per anum, pay
thereto attached for the annual interest TO become
due thereon spectivey,-as reference to SAID trus
more fully and at large appear:
And WHEREAS, in and by said truet deed 1t wal
among other things provided, that in case OF DE
fault in the payment of said bonds or any O
them at the time they should become due or paya
HE according to the terms thereof the said trustee
shout i'd upon the application of the owner or own
ers of said bonds or any OF them, sell the salt
real and personal property or such part tnereoI a.
REDEMPTION of said corporation in and to the same
public auction, the highest bidder for ca&h
hand at the north door of the Court House. II
said city, after having advertised such sale, tn
time place. terms thereof and description OF tn'
property to be sold for twenty (20) days in ne We
paper printed and published in said county; tina
said trustee might also give such other ana IKE
notice OF said sale as he in his dcsreaon mlga
consider to be best; that said real and persona
property should be sold in such parts, lots, sub
divisions or as whole. as said trustee might de
termine to be best, but that the owner OF
owners of a majority in value of said bonded IN
debtedness might direct how said property should
be sold and that said trustee should offer The same
for sale as directed by them In writing; that upoI
such sale such trustee should execute, acknoWl
edge and deliver to the purchaser or purchasers
good and sufficient deed deeds for the premises
sold and bill of sale for the personal property sold
chaser or purchasers a full and complete title il
law and equity in and to the premises sold, ant
any other deed deeds to the premises sold as the
purchaser or purchasers might deem necessary tt
vest in them full and complete title in fee sim
Pile
And WHEREAS In and by said trust deed it was
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 De 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 the part OF the owner or owners OF
said bonds or coupons, and said trustee when nou
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
upon like notice, and in all respects the sae shall
be conducted Or conveyance made thereinbefore
provided in 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 said corporation should have the right TO
possess and enjoy said premises and personal prop.
erty Tor the purpose of it's business but in OF
default in the payment of said bonds coupons as
rein provided, the said trustee might enter up
on and take possession of the property therein
conveyed, with or without process OF law, and up
sale thereof as 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 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. ID. 1873, were duly presented TO said cor
poration for payment at the Gate of the maturity
thereof and there was then paid upon each thereof
the of thirty dollars and seventy-seven
cents 1881 10, 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
stailment of interest thereon which became due on
the first day of August, A. D 1879, were duly pre-
scented to said corporation for payment at the date
of the maturity thereof, and payment thereof was
by said corporation refused:
And WHEREAS. more than ninety days have
elapsed since said coupons respectively became
and payment thereof refused rs aforesaid, where
by the whole of said bonded debt. pr ncipal and
interest, bee due as provided by sad trust
deed:
And WHEREAS, said corporation, after demand
made. neglects and refuse to pay thesa
And NHEREAs, SAID last mentioned bonds and
coupons yet remain wholly due and unpaid. save
the payment on said coupons due August first, A.
ID. 1873 aforesaid, and there il now due and IN
paid Their on the sum of nfty-two thousand five
hundred and ffty-three dollars and twenty cents
49,. 553 2u):
And WHEREAS, Philemon L. Mitchell the owner and
holder of eighty five (S5) If said outstanding bonds,
andof the unpaid coupons thereto belonging and al
Of the unpaid coupons upon two other of said out
standing bonds; and Phlander l.. Cable the owner
and holder OF three (3l of said outstanding
bonds and of the unpaidscoupuns there TO belong
ing have duly notified the undersigned, trustee
aioresaid.in writing of the non-payment of said
pons and of said bonded Indebtedness as aforesaid
and requested him TO al once proceed 10 advertise
and sell said real and personal property above
mentioned for the payment thereof as provided by
SAID deed OF trus1: and whereas the.undersigned as
such trustee DID thereupon enter upon and lake
possession OF the property aforesaid and now holds
thseame:
Now, THEREFORE, public noticei is hereby given
that the undersigned the said James M Ruford.
trustee as aforesaid, under and by virtue of the
power and authority to him given by he trust deed
aforesaid will on saturday the thlra day Of Janus
afternoon of that day. at the north door
of the Court House, in said city of Rock Island,
sell 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 edition. described as follows,
and singular the hereditaments and appurtenan
ces thereunto belonging or in any wise appertain
ing thereto Also al the machinery and fixtures, |
On the twenty-hfth day OF November. A. ID. 1876, |
cont aimed i'll The buildings said premises and
used in and about the business Of manufacturing |
window glass, carried on by said corporation in |
said CITY, and all the right and equity OF redemp-
non of the said The RCCk Island Glass Company |
n and TO the same, TO ea isfy said bonded indebt-
ednese and the costs Of SAID sale.
Dated this twenty fourth day of November, A. ID. |
Is q.
JANIS NJ. BUFoRD,
Trustee
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