The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-12-11
LEGAL,
Trustees Sale.

WHEREAs, The Rock Island Glass Company, g
w corporation existing under the laws Of the
deed, bearing date the twenty-ffth day of Noyem-
ber A. d. 1876, duly executed, acknowledged and
| delivered, and duly recorded in the office of the
Recorder of Deeds, in and for the county OF Rock
Island, in the ate OF Illinois. the twentysev-
mortgages at page 282 thereof, did grant, bargain
sell and convey unto James M. Buford, as 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 ten 0 together with all and singular
| the hereditaments and appurtenances thcreunto
belonging or in any wise appertaining thereto
also all the machinery ana fixtures then contained In
the buildings said premises. and used in and
about the business of manufacturing window glass,
carried on by the said corporation, in said city.
and which said trust deed was given for the pur
pose of securing the payment of one hundred and
fifty certain bonds of said corporation for the
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 after their date,
interest at the rate of ten per cent per annum pay
able annually; said bonds having interest coupons
thereto attached for the annual interest TO become
| Iced and to said record thereof being had, will
And WHEREAS, in and by said trust deed it was
among other things provided, that in case OF de-
| them at the time they should become due paya-
Bile according to 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 said
real and personal property or such part thereof as
might be Necessary, and all the right equity
redemption of said corporation in and to the same,
at public auction to the highest bidder for cash 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 to be sold for twenty COY days in news
paper printed and published in said county; that
said trustee might also give such other and like
notice of said sale as he in his discretion might
consider to be best; that said real and personal
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
owners of 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 directed by them ia writing; that upon
euch sale such trustee should executc, acknowl-
edge and deliver to the purchaser or purchasers a
good and sufficient deed or deeds for the premises
Sold and bill OF sale for the personal property sold;
that said deed or deeds should convey to the pur-
law and equity in and to the premises sold, and
that said corporation should execute and deliver
any other deed deeds to the premises sold the
purchaser 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 luther provided that in case
not be paid within ninety 800 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 action
or notice on the part of the owner or owners OF
said bonds or coupons. and said trustee when mott
ned OF euch non-paYment In writing, should pro.
coed to aGveI tse and sell SAID real and personal
property in the same manner at the same place,
upon like notice. and in all respects the sale shall
be conducted Or conveyance made as thereinbefore
provided in case of sale for payment of the
bonds at 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 case of
default in the payment of said bonds coupons
on and take possession of the property therein |
conveyed, with or without process of law and mn
on sale thereof as aforesaid deliver possession to
the purchaser purchasers according to the ex- |
tent of his, her or their purchase:
And WHEREAS, there are now outstanding and |
TFDf lnfGa aid hCT(
And WHEREAS. all the interest coupons thereto
belonging for the annual nstallment of interest /
gust, A. d 1873, were duly presented eaid cor
poration 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 10 and default was then made by said
90 poratlon IN the payment of the remainder there
And WHEREAS, all the interest coupons to said
ast mentioned bonds belonging, for the annual
'taIImelt OF interest thereon which became due Oh
he first day Of August, a. ID 1879, were duly pre-
shted to said corporation for payment at the date
ny said corporation refused:
And WHEREAS: more than ninety days have
Elapsed since said coupons respectively became
iue and payable and were presented for payment |
md payment thereof refused as aforesaid, where
bUrest, pee me due as. provided by eaid trust |
Iced
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
= IL a.
}. 1875 aforesaid, and there is now due and I'm
'ald ther' on the sum of tifty-two thousand five
undred and hfty-three dollars and twenty cents |
$50. 553 20): |
And WHEREAS, Philemon L. Mitchell the owner and |
oloer OF eighty five (S5) Uf said outs landing bonds
hdoI the unpaid coupons thereto BELONGING and al
o OF he unpaid coupons upon two other of said out
tandlng bonds; and Philander l.. Gable the owner
M holder OF three go of said outstanding |
'onds snd OF the unpaidscoupuns there to belong
ng, have duly notified the undersigued trustee as
ioresaldln writing Of the payment of said cou-
ons ana OF said bonded Indebtedness aforesaid
M requested him TO al once proceed to advertise
no sell said real and personal property above
lentloned for the payment thereof assproyided by
i1d deed of trust: and whereas the undersigned as
UGH trustee, did thereupon enter upon and take
ossession of the property aforesaid and now holds
le same:
Now, THEREFORE, public notices is hereby given
lal the undersigned, the said James Nj. Buford
-ustee as Aforesaid, under and by virtue of the |
over and authority to him given blythe trust deed
:, D. lseo, at two O'Clock in the
[teTn"on Of that day, at the north door
the Court House, i'll said city of Rock island,
III At pubic auctlon. to The highest bidder, for
.sh IN hand, the following tract of land in that
art of said city of Rock stand known and called
hicago or Lower \ edition. described follows,
vital IF block ten (10), together with ali
I'D singular the hereditaments and appurtenan.
IS thereunto belonging or in any wise appertain
e thereto. Also all the machinery and fixtures.
the twrnty-fifIh day of November. A 1919
'nianed in the buildings or ON said premises and
ed in and about the business of manufacturing
indow glass. carried on by said corporation in
Id CITY, AID all the right end equity OF redemp-
oh OF the SAID The Rock Island Glass Company
and 10 the same. to sa isfy said bonded indebt-
mess and the costs of SAID sale.
Dated this twenty fourth day of November A. D.
g.
JANIS NJ. BUFoRD,
OSBORN, CURTIS & o'NETI, Att'ys. 1I-24d32