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

Wv corporation existing under the laws OF the
State of Illinois, by its certain mortgage or trust
deed, bearing date the twenty-hfth day of Novem-.
Der, A. ID. 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 State OF Illinois, on the twenty-sev-
enth day of November, A d. 1876, in volume OF
mortgages at page 2s2 thereof, did grant, bargain,
sell and convey unto James NJ. Buford as trustee,
the following tract of land that part of the city
of Rock Island, in the county of Rock Island, and
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 Entertainments and appurtenances thereunto
belonging in any wise appertaining thereto
the buildings said premises, and used in and
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.
pose of securing the payment of one hundred and
nty certain oonds Oh sala IN lof te he
first day of December. A. u. 1876, and payable on
the rsf DAY OF Aaget or bearer 1
interest at the rate of ten per cent per anum pay
able annually; said bonds having interest coupons
thereto attached for the annual interest TO become
due thereon reference to said trust
deed and to said record thereof being had, will
more fully and at large appear:
And WHEREAS, in and by said trust deed it was
among other things provided, that IN case OF DE.
them at the tine thew should become due or paya-
BILE according to the terms thereof, the said trustee
should upon the application OF the owner or own,
of said bonds or any of them, sell the sald
real and personal property such part thereof az
might be Necessary, and all the right and equity OF
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 CO) days in news
i hha pso eye sncb other ana ike
notice of said sale as he in his discretion might
consider to be best; that said real and personal
divisions a whole, as said trustee might de-
termine to be best, but that the owner or
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 III writing; that upon
such sale such trustee should execute, acknowl-
edge and deliver to the purchaser or purchasers
good and sufacient deed or deeds for the premises
sod and hill Of saIe for the Dersopal sold
that said deed or deeds should convey to the pur-
chaser purchasers full and complete title in
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 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, thewhole of SAID bonded debt, principal and
interest, should be due without any future action
notice On the part OF the owner or owners of
said bonds or coupons, and said trustee when mott
fled OF such nOn-paYment writing, should pro-
coed to advertise and sell SAID real and personal
property in the manner at the same place.
upon like notice. and in all respects the sale shall
he Conducted or conveyance made as therein before
provided in case of sale for ncn 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 use
possess and enjoy said premises and personal prop
erty tor the purpose of its business but in case of
default in the payment of said bonds or coupons
the rein provided the said trustee might enter 1p
on and take possession of the property therein
conveyed, with or without process of law, and up
a sale thereof aforesaid deliver possession to
the purchaser or purchasers according to the
tent of his, her or their purchase:
And WHEREAS, there are now outstanding and
unpaid ninety 800 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 af Au.
gust, A D. 1878, were duly presented TO said 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 tS3l.7T), and default was then made by said
corporation in the payment of the remainder there
And WHEREAS, all the interest coupons to said
last mentioned bonds belonging, for the annual in
stallment 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 Ahave
elapsed since said coupons respectively became
due and payable and We're presented for payment,
by the whole of said bonded debt, principal and
interest, became 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 due August first. A.
d. 1875 aforesaid. and there is now due and I'M
paid ther. on the sum of ffty-two thousand five
hundred and ffty-three dollars aud twenty cents
i$52, 553 20):
And WHEREAS, Philemon l. Mitchell the owner and
holder Of eighty five (S5) # said outstanding bonds
andof the unpaid coupons thereto belonging and al
so ofthe unpaid coupons upon two other OF said out
standing bonds; and Philander L. Gable the owner
and holder of three CD Of said outstanding
bonds and of the unpsidicoupons there belong
Ing, have duly notified the undersigned, trustee
aioresaid.in writing NJ the payment of said
pons and OF said bonded Indebtedness aforesaid
and requested him to at proceed to advertise
mentioned for the payment thereof, astproVided by
said deed of trust and whereas the dersigned
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 al. Buford. |
trustee aforesaid, under and by virtue of the |
power and authority to him given blythe trust deed
will, on Saturday the third day of Janua
~, A ID. 1880, at two O'Clock in the |
of that day. at the Forth door |
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 a edition. described as follows |
to vital of block ten (10) together with all /
and singular the Entertainments and appurtenan
ces thereunto belonging ia any wise appertain-
ing thereto. Also all the machinery and fixtures,
On the twenty fifth day of November, A. ID. 1876,
contained in the buildings said premises and |
used in and about the busineFs of manufacturing
window glass carried on By said corporation in
lion of the said The Rock Island Glase Company
IN and to the same, to isfy said bonded indebt-
sdness and the costs of said sale.
Dated this twenty fourth day OF November, A. d.
Is 9.
JANIS N. BUFORD,
OSBORN, CURTIS Il O'NEIL, Att'ys 1I-24d32