The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-12-03
LEGAL.
Trustees Sale.

tRFHEREAS, The Rock Island Glass Company, a
w corporation existing under the laws of the
State of Illinois, by its certain mortgage or trust
deed, bearing date the twenty-ffth day of Novem-
ber A. D. 1876, duly executed. acknowledged and
delivered, ana o9ly RECORDED IN tne once oL Ine
Recorder of Deeds, in and for the county OF ROCK
Island, in the State of Illinois, the twenty-sey-
enth day of November, A. D. 1873, in volume OF
mortgages at page 2S2 thereof did grant, bargain,
sell ana convey unto James Nj. Buford, trustee,
the following tract of land in that part of the city
state of Illinois, known and called Chicago
or Lower Addition, described as follows, to-wit :
All of block (10) together with all and singular
the hereditaments and appurtenances thereunto
belonging or in any wise appertalnlng thereto
also all the machinery and fixtures then contained in
the buildings or on said premises, and used in and
about the business of manufacturing WINDOW glass,
carrie on oy Lae rnst deed wa Ven for the pur
pose of securing the payment of one hundred and
fifty certain bonds OF said corporation Tor the sum
of five hundred dollars each, all bearing dale the
first day of December, A. ID. 1876, and payable on
the first day of August. A D. 1881, alter their date
to said James M. Buford, trustee or bearer, with
interest at the of ten per cent per alnum pay
able annually; said bonus having interest co upons
due thereon reference to said trust
Iced and TO said record thereof being had, Will
more fully aud at large appear:
among other things provided, tnat IN case OF de-
fault IN me oil 1afa dn o or
bic according to the thereof. the said trustee
should upon the application of the owner or own,
eFs of said bonds or any OF them, sell the salu
real and personal property, or such part thereon as
might be Necessary, and all the right and equity OF
redemption of said corporation in and to the same,
public auction the highest bidder for ca-h in
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
property be sold TOR twenty (20) days IN news
paper printed and published in said county; that
said trustee might also give such other and like
notice of said sale he in his discretion might
Consider 10 he best: that said real and personal
property should be sold in such parts lots, sub
divisions a whole, as said trastee might de-
termine to be best but that the owner or
I unfa T1aQT nrifU
debtednese might direct how said property should
be sold and that SAID trustee should offer the same
for sale directed by them i'll writing; tina upon
such sale such trustee should execut,, acknoWI-
edge and deliver TO the purchaser or purchasers
good and sufficient deed or deeds for the premises
sold and bill of sale for the personal property sold
that said deed deeds should convey TO the pur'
chaser or purchasers full and complete title ID
law and equity in and to the premises sold, and
that said corporation should execute and deliver
other deed or deeds to the premises sold as the
purchaser or purchasers might deem necessary to
vest in them full and complete title in fee sim
Pile
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 600 days after the same
should be due and payable and presented for pay
ment the whole of SAID bonded debt, principal and
interest should be due without sny future action
| or notice on the part OF the owner owners OF
| said bonds OF coupons, and said trustee when mott
| fed OF such non-payment In writing, should pro
coed to advertise and sell said real and persona
property in the manner, at the same place
upon like notice, and in all respects the eale shall
I
| provided in case of sale for nCn-payment OF the
bonds at maturity; and that until default should
be made IN the ayment OF sac oohds or couponl
possess and enjoy said premises and personal prop
ery tor the purpose OF It's business, put IN case
default in the payment of said bonds or coupons al
| the 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
on sale thereof as aforesaid denver possession t
| the purchaser purchasers according to the ex
tent OF his, her or their purchase:
| WHEREAS. there outstanding
unpaid ninety (90) of said bonds and no more.
| And WHEREAS, all the interest coupons theret
| belonging for the annual installmenT of interes
| thereon which became due on the fret day at Au
| gust A ID 1878 were dulv presented to said cor
| poration for payment at the cate of the maturit
| thereof and there was then paid upon each thereo
| the sum of thirty-one dollars and seyenty-seve1
cents (S31. 10, and default was then made by sAi
corporation in the payment of the remainder there
| And WHEREAS. all the interest coupons to sal,
last mentioned bonds belonging, for the annual IN
staIme&t OF interest thereon which became due OIL
| the first day of August, A 1879, were duly pre-
| senteo TO said corporation for payment at the dat
of the maturity thereof, and payment thereof wa
| by said corporation refused:
And WHEREAS. more than ninety DAYS hav
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, pr ncipal anC
interest, became due as. provided by said trus
deed
And WHEREAS, said corporation, after dcman,
made, neglects and refuse to pay the same:
| And WHEREAS, said last mentioned bonds ant
the payment on said coupons due August first, A
D. 1870 aforesaid, and there is due and I'M
| paid ther on the sum of ffty-two thousand fv,
| hundred and ffty-three dollars and twenty cent?
/ iS52.o5 by:
| And WHEREAS, Philemon L. Mitchell the owner an(
holder II eighty five (65) If said outstanding bonds
andof the unpaid coupons ther belonging ana al
ofthe unpaid coupons upon two other of said out
| standing bonds and Phlander L. Cable the owner
and holder of three 90 of said outstanding
bonds ana OF the unpaid.Coup there to belong
ing, have duly notified the undersi gned, az
aoresaid.in writing of the nonpayment of said con
pOns and OF said bonded Indebtedness aforesai d
and sell said real ana pefsonsI property ABOVE
mentioned for the payment thereof. provided by
said deed OF trrst: and whereas the dersi yned
such trustee, did thsrcupon enter upon and lake
possession Of property aforesaid and now holds
| the
Now, THEREFORE,, public notice is hereby given
that the undersigned, the said James NJ. Buford.
| trustee aforesaid, under and by virtue of the
power and authority to him given by The trust deed
aforesaid, will Saturday the thru day of Janna-
| ~, ID. 1850 at two O'Clock II the
afternoon Of that day. al the north door
| of the Court House. in said CT y of Rock Island,
sell Mt public auctIon TO The highest bidder, for
cash in hand, the following tract of land in that
part Of said city of Rock stand known and called
Chicago Lower Addition. described as follows.
TO wit:-All Of block ten (10l together with al.
and singular the Entertainments and appurtenan-
ces thcreunto belonging or 10 any wise eppertain-
ing thereto. also al the machinery and fixtures.
on the tWtatY fifth day of Novem blr, A. u. 1876,
contained III The bulldogs on said premises and
used i'll and about the business of manufacturing
said city, AID all The right and equity OF redemp-
ton of the said The Rock Island GLASS Company
IN and to the same, to isfy said bonded iudebt-
edness and the costs of SAID sale.
Dated this twenty -fourth day OF November, a D.
Is Q.
JANIS NJ. BUFoRD,
Trustee.
OSBORN, CURTIS & O'NEIL, At'ys. 1I-29d32