Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1879-02-18
legal advertisements.
Notice of Foreclosure of Mortgage.

WHEREAS the Bucksport and Bangor Railroad
w company corporation duly established by
me LAWS OF Inc STATE OF Maine, did by instrument
dht,d November ION. a. d. sa3, executed under tn.
seal OF the corporation and corded in the Registry
OF Deeds for the County of Hancock in the state Of
Malne Volume las. Page ~, aud IN the Registry of
Deeds for the County OF Penobscot in sad STATE of
Maine. Volume 40, Page 4tll, grant bnI q lin sell
transfer and convey unto Richard L. Buck of brook
Nh III tht state OF New York, and samuel r. Her
sey of Bangor in the County of Penobscot and Stat.
oil Maine Their successor or in the trusts
created IN me SAID instrument all its rights title and
interest III and to all and Singular its property real
ana personal, OF whatever nature and description in
ciudhg It's haii"ay ana appnr,enances all its rights
privileges, franchise, and easements nil buidinps
used in connection with said Railway or the business
thereof and all lands or grounds ON which they
stand ana whatever pertains 10 said road to and
To hold the afOregrantcd premises with all the
rights privileges easements and appurtenances there
to belonging, thereby conveyed or in. ended Ia he Con
vey ed, 10 the said Richard t. l,uck and san,,,i =
iersey and their successors in the trusts thereof to
their use and behoof forever, but only upon I'M,
trusts and for the purposes therein declared and set
iorth I" WI nor Tue persons and corporations, and
III trust Tor the benefit protection and security of thu,
persons OF corporations who should hold the bonds
he issued by the said Bucksport aud Bangor Rail.
road Company, which were ia the aggregate of In,
amount or sum of -Four Hundred thousand Dollars
| a. stipulated IN said instrument and for enforcing
the stipnlaiions of the said Railroad tompnuy in
that behalf in their true intent and M, aiming wh.t
or contained In said Bonds or in said Instrument and
subject To the provisions OF the Laws of iii, Stat.
! of Maine, relating TO Railroad mortgages and The
rights, powers, duties and obligations of TRUSTEE, $
!
! And whereas, the said Richard T. Buck md IN.
said samuel Jersey accepted the trusts created as
aforesaid anu whereas after said Samuel
r. fersey, one OF the Trustees aforesaid died, and
whereas, at meeting of the bondhoders under sad
mortgage, called and notified according 10 The stat.
ute in such made and prov ided Sewnu r. Swa.
zey of Buck port, in the County of Hancock and stat,
OF Maine, was elected by ballot bv said boudhold,r.
~ a new Trustee To nil the vacancy caused bv the
death oil the SAID samuel +. ilersey, and, whereal
the proceedings of said meeting of bondholdrs was
presented to the supreme Judicial Court Of the State
81 Maln', py whom, alter notice aud hearing, said
election of the said Sewall b. Swazey Trustee was
affirmed.
And, whereas, the said Richard +. Buck has sine,
SAID election aud afiirance, executed the nccpssar,
transfer OF the trust property to the new Trustee,
Ahd' whereas, the conditions of said mort gag,
Wei.' mar IN case me said Bucksport and Bangor
Railroad Company should fail to pay the principal OF
any part thereof or the interest any part thereof
OF any of said Bonds, when the same should be- de.
| manded, aher the same should have become due and
payable and should neglect pay the same for the
term of ninety days after said demand such proceed
Ings might b, had for the purpose Of enforcing pay
neit, or M orcOsiHg said mortgage as j. prov ide
In the nifty first chapter of the Revised statutes of III.
state OF Maine or of any amendments thereto ther.
! tofore made, or thereafter to- be made,
And, whereas the said Corporation has failed Ia
pay the interest upon all of said Bonds although the
interest coupons were presented 10, and said Interest
was demanded of the Treasurer of said corporation a
ter IT became due and payable and neglected pay tn,
same for the term of ninety days afler said demand
And. whereas an application has been made to u.
IN the words anu hgur.s following. to wit ITO Mes
srs. Richard T. Buck and >ewall Il. Swazev Trustees
under certain mortgage made by the Bucksport and
Bangor Kailroad Company to trustees, dated Nov, IN
Der TO- 1873. and recorded in the Registry of Deeds o
the County of Hancock in the state Of Maine, Vol
uhe lib, fage ~ and recorded In the Registry OF
Deeds for the County Of I~nObscOt, in said state
Volume iH, Page 40 The undersigned. being hol
ers o Bonds secured by the mortgage afore said in
the sums or amounts, at par, exclusive of interest
rs set against our names below respectively which
sums or amounts, in the aggregate, exceed one
third OF the whole amount Of the bonds secured h,
the mortgage aforesaid. hereby apply to YOU to hay,
the said mortgage ioreclosed according TO law Datee
at Bucksport i'll the County of Hancock In the stat,
OF Maine on the twenty sixth day Of december, A
/ ID