The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-12-26
LEGAL.
Trustees sale.

lAfHEREAS, The ROCK Island 5iase t71shPahy, u
w corporation existing under the laws OF the
State of Illinois, by its certain mortgage or trust
deed, bearing date the twenty nth day OF Novem1
delivered and duly recorded in the office of the
Recorder of Deeds, in and for the county OF Rock
enth day Of November, A. D. 1875, in volume Y of
mortgages, page 2s2 thereof, did grant, bargain,
sell and convey unto James M Bnford, as trustee,
the following tract of land that part of the city
of Rock Island, in the county of Rock Island. and
or Lower Addition, described follows, to-wit;-
All of block 10) together with all ana singular
the hereditaments and appar.enanGess thereto
also all the machinery and fixtures then ~
the buildings or on said premises ana usea II anu
about the business of manufacturing wlndo glass,
carried on by the eaid corporation, in SAID city,
and which said trust deed wae given for the pur,
nose of securing the payment OF one hundred anu
hfty certain bonds of said corporation for the sum
of I'VE hundred dollars each, all beafing date the
the rsy day Of August, A. D. 1881 alter their date,
to said James M. Buford, trustee or bearer, Win
able annually; said bonus having interest coupons
thereto attached for the annual interest 10 pscone
beng 20 had
more fully and at large appear:
And WHEREAS, in and by said trust deed IL was
among other things provided, that in case Oh oe.
fault in the payment of eaid bonds any OF
them at the time they should become due or pay a.
BILE according the terms thereof the said trustee
should upon the application of the owner or own,
| ers of said bonds or any OF them, sell the salu
real and personal property, such part thereof as
might be necessary and all the right and equity OF
REDEMPTION of said corporation in and to the same
vt auction to the highest bidder for cash in
hand at the north door of the Court House, IN
ssid city, after having advertised sucn sale, the
time, place, terms thereof and aeserption OF sne
| paper printed and published In said county tnal
said trustee might also give such other ana lke
notice OF said sale he in his discretion mlghl
consider TO be best; that said real and persons al
property should be sold in such parts, lots sub
termine to be best. but that the owner q, OF
4 owners of majority in value OF said bonded IN
debtednees might direct how said property snouIo
he soId and that said trustee should offer the same
for sale as directed by them III writing; ina upon
| such sale such trustee should execuLA, acknoWi
edge and deliver to the purchaser or purchasers
good and sufficient deed or deeds for the premises
sold, and bill OF sale Tor the personal sou
chaser purchasers full and complete TUE IN
| law and equity in and to the premises soId' ano
that said corporation should execute and deliver
any other deed or deeds to the premises sold as the
| purchaser or purchasers might deem necessary to
vest in them full and complete ute IN Zee sim
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 be due and payable and presented for pay
ment the whole OF said bonded debt, principal and
interest, should be due without any future actlon
| or notice on the part of the owner or owners of
said bonds or coupons and said trustee when mott
| fed of such non-paYment In writing, snould pro.
coed to advertise and sell SAID re4l and personal
| property in tie same manner. at the same place,
upon like notice. and in all respects the sae shall
| be conducted or conveyance made as there1nbefore
1 provided in case of sale for non payment of the
| bonds 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
ery the purpose of it's business but in case OF
default in the payment of said bonds or coupons ae
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 mp
ON sale thereof rs aforesaid deliver possession to
| the purchaser purchasers according to the ex-
tent OF his, her or their purchase:
l And WHEREAS there are now outstanding and
| unpaid ninety (9oD of said bonds and no more.
| And WHEREAS, all the interest coupons thereto
belonging for the annual tnstallment of interest
| tEereon which became due on the first day af Au.
gust, A. D. 1878, were duly presented TO said cor
thereof, and there then paid upon each thereof
| the sum of thi-ty-one dollars and seYenty-seven
| cents ($3l 10 and default was then made by said
poration in the payment of the remainder there
| And WHEREAS, all the interest coupons to said
stallment of interest thereon which became due on
| the first day Of August A D. 1879 were duly pre-
scented said corporation for payment at the date
of the maturity thereof, and payment thereof was
i 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,
| md payment thereof refused aforesaid, where
| by tue whole of said bonded debt, pr ncipal and
interest, bee me due as provided by said trust
| deed:
| And WHEREAS, said corporation, after demand
| made, neglects and refuse to pay thesame:
And WHEREAS, said last mentioned bonds and
| coupons yet remain wholly due and unpaid, save
The payment on said coupons due August first, A.
| ID. 49,, aforesaid. and there Is due and IN
| paid ther the sum of ffty-two thousand five
| hundred and hfty-three dollars and twenty cents
4 $52. 553 2U):
| And WHEREAS. Philemon I. Mitcbe! the owner and
holder If eighty five 1851 II said outstanding bonds
andof the unpaid coupons thereto belonging and al
of the unpaid coupons upon two other of said out
standing bonds; and Philander L. Cable the owner
| and holder of three go of said outstanding
bonds and of the unpaid.cou ms there TO belong
ing. have duly notified the under isDed, trustee az
aioresaid.in writing of the of said
pons and of said bonded Indebtedness aforesaid
| and requested him to once proceed to advertise
| mentioned for the payment thereof. provided by
said deed of trusl: and whereas the undersigned,
| such trustee, did thereupon enter upon and take
possession of the property aforesaid, and now holds
| the same:
| Now, THEREFORE, public notice is hereby given
| thai the undersigned, the said James NJ. Duford.
| trustee aforesaid, under ana by virtue of the
power and authority to him given by The trust deed
aforesaid, will on Saturday the third day Of Janua
/ ry A ID. 1880 two O'Clock in the
\ afternoon of that day. at the yorth door
of the Court House, in said city of Rock Island,
sell al public auction, to The highest bidder, for
cash in hand. the following tract Of land in that
part of said city of Rock sland known and called
Chicago Lower Addition described follows
| and singular the bereditaments and sppurtenan-
| ces thereunto belonging ia any wise appertain
ing the reto. Also ali the machinery and fixtures
| On the twsnty-fflh day Of NQVemOer, A. d, 1876
used in and about the business of manufacturing
window glaes carried on by said corporation In
said city, aid ali the right and equity OF redemp
tlon OF the said The Rock leland Glass Company
in and to the same, isfy said bonded indebt-
edness and the costs of saId sale.
Dated this twenty fourth day of November, A. d.
Is Q.
JANIS NJ. BUFoRD.
OSBORN, CURTIS s O'NEIL, Att'Ys. 11-s4da2