The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-12-24

trustees Sale.

Trustees Sale.
ta1HEREAs, The Rock Island Glass Company, q
wv corporation existing under the laws OF the
State of Illinois, by its certain mortgage or trust
Der A. D. 1875. daly executed, acknowledged and
delivered, and duly recorded in the Office OF the
Island, in the OF Illinois, the twenty-sev.
enfh day of November. A. D, 1873, in volume Y of
sell and convey unto JamesM. Buford, a. trustee,
the following tract of land that part of the city
state of Illinois, known and called Chicago
or Lower Addition, described as follows to-wlt;-
All of block ten 10) together with al ana slngulae
belonging in any wise appertalnlng tneFeIo'
also all the machinery and fixtures then IN
the buildings or on said premises anu nseo N anu
about the business OF manufacturing WINDOW glass,
carried on by the said corporation, in SAID CITY,
and which said trust deed wat given for the pur
pose of securing the payment of one hundred ana
fifty certain bonds of said corporation for the sum
drst day of December. A ID 1876, and payable on
the fret day of August, A D. 1881, alter their GATE
to said James M Buford. trustee or bearer, with
interet at the rate OF ten per cent per ahnum pay
able annually; said bonds having interest coupons
thereto attacked for the annual interest 10 become
due thereon reference to SAID trust
deed and to said record thereof being mad, VIII
more fully and at large appear:
And WHEREAS, in and by said trust deed 1t was
among other things provided, that in case OF DE.
fault in the payment of eaid bonds any of
them al the time they should become due or paya-
Bile according to the terms thereof the said trustee
ers of said bonds any OF them, sell the said
real and personal property or such part thereon as
might De nee sssry, ano an the rgnt anu ~ "a
pu olc auction, TO the highest bidder Tor cash IL
hand, at the north door of the Court House IN
saiu city, after having advertised such sale, the
time place, terms thereof and description OF the
property to be sold for twenty (20) days in news
paper printed and published In said county; tnat
said trustee might also give such other and like
notice of said sale as he in his discretion might
property should be sold in such parts, lcts sub
divisions whole, as said trastee might de-
termine to be best but that the owner or
owners of a majority in value OF said bonded in
debtedness might direct how said property should
be sold that said trustee should offer The same
for sale as directed by them III writing; tina upon
such sale such trustee should eXecut acknoWl-
good and sufficient deed or deeds tor the premises
sold and bill of sale for the personal property sold
that said deed or deeds snould convey to the pur-
chaser purchasers full and com plete title In
law Rna equity in and to the premises sold, and
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 a full and complete title in fee sim
ple:-
And WHEREAS in and by said trust deed it was
among other thtngs iuFther provided that IN case
TIE said interest coupons or any of them should
not be paid within ninety 900 days after the anne
should be due and payable ana presented tor pay
the wn9ie o. sac 19nGa ann
notice the part OF the owner or owners OF
said bonds or coupons, and said trustee when mott
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.
be conducted or conveyance made thereinbefore
provided in case of sale for ncn payment of the
bonds d maturity; and that until default should
be made in the ayment Of said bonds coupons
the said corporation should have the right to use,
possess and enjoy said premises and personal prop
erty the purpose Of it's business, but IN of
default in the OF said bonds or coupons as
on and take possessio of the property therein
conveyed, with without process OF law, and mp
sale thereof as aforesaid deliver po scss on 10
the purchaser or purchasers according to the exs
tent oil his, her or their purchaser:
And WHEREAS, there are now outstanding and
unpaid ninety 900 of said bonds and no more
And WHEREAS, all the interest coupons thereto
belonging for the annual installment of interest
thereon which became due the first day at Au.
gust, ID. 1873, duly presented to said cor
poraton for payment at the cate of the maturity
thereof and there was then paid upon each thereof
the sum of thIrty-one dollars and seventy-seven
cents 1881 ~, and default then made by said
co poratfon in the payment OF the remainder there
And WHEREAS. all the interest coupons to said
last men Toned bonds belonging for the annual IN
siallment Of interest thereon which became due on
the first day Of August, A. ID 1879, duly pre-
suited to said corporation for payment at the date
OF the maturity thereof, and payment thereof was
And WHEREAs. more than ninety days have
elapsed since said coupons respectively became |
due and payable and were presented for payment, |
aud payment thereof refused aforesaid where |
by toe who,e 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 the same:
And WHEREAS, said last mentioned bonds and |
coupons yet remain wholly due and unpaid, save
the payment on SAID coupons que August hrst, A |
d. 1S1e aforesaid, and there is due and I'M |
paid ther the sum of hfty-two thousand five |
hundred and ffty-thiee dollars aud twenty cents |
S52. 553 2u):
nd WHEREAS Philemon L. Mitche the owner and |
holder # eighty five $3.50 # said outstanding bonds
andof the unpaid coupons the belongin and al
so Of unpaid coupons upon two other of said out
standing bonds; and Philander l.. Gable the owner
and holder OF three (3) of said outstanding |
bonds ana of the unpaidscoup there TO belong
ing, have duly notified the under, igned, trustee as
DIN 0f
pons and OF said bonded Indebtedness aforesaid |
ard requested him TO proceed to advertise |
ana sell said real and personal property above |
mentioned for the payment Thereof. as provided by
said deed of trust and whereas the undersigned. as
such trustee, did tbereupon enter upon and take
possession of the property aforesaid and holds
the same:
Now, THEREFORE,, public notice is hereby given
thar the undersigned, the said James NJ. Buford. |
trustee as aforesaid, under and by virtue of the
power and authority to him given by he trust deed
wilton Saturday the third day OF Janua-
~, A ID. 1851, at two O'Clock in the |
afternoon of that day at the north door
of the Court House, in said city of Rock Island,
cash in hand, the following tract OF land in that
part Of said city of Rock stand KIN and called
Chicago or Lower edition. described follows,
to vital Of block ten (10) together with al. |
and singular the hereditaments and appGrtt nan |
ces thereunto belonging or in any wise pertain |
ing thereto 4 $50 ali lhe machinery aud fixtures.
on the twe fifth day of November, A. ID. 1876.
niained in 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 redcmp-
ton of the said The Rock Island Glass Company
in and TO the same, 10 isfy said bonded indebt-
edness and the of SAID sale.
Dated this twenty fourth day of November, A. D. |
Il g.
JANIS M. BUFoRD,
OSBORN, CURTIS & o'NErL, Att'ys 1l-ssdsa