Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1879-02-19
Argal ADVERTISEMENTS.
Notice Of Foreclosure of Mortgage.

wv IIEREAS the Bucksport and Bangor Railroad
w company, corporation duly established by
me Laws OF the STATE o Maine did. by instrument
uatt November luth, y. H. ls.3 executed under the
seal OF the corporation aud recorded In The Registry
OF DEEDS for the County Of Hancock In the state Of
Malne, oime lid, Page ~. and in the Registry ot
Deeds for the County Of lenub.cot in said STAT. of
Maine, Volume 40, Page lt5, grant la, g,in III
tia"Si'r ana convey unto Richard r. Buck Of Brook.
iEh' III tlt stare or New York, and Samuel F. Her.
s,y OF Bangor in the County Of Irnobscot and Statc
Oh Aiae ttir successor or successors in the trusts
created in the said Instrument all H. rights tl, and
interest in and 10 all aud Singular its sronrrtv ,aaI
ni personal, OF haiclcr NATURE and descripiion in
elndihg It's Halfway and appurenanccs ali its rights
prNilegeS' iranchlse, and easements, all buildings
used in connection with said Ralw ay or The business
thereof and all lands or grounds ON which they
stand aud whatever pertains to safe, road 10 hnyenni
To hold the afurcpIanted premises win ali H.
rights priv ieges easement, and ap,urieuances th,re
to belonging, thereby conveyed Intended to be con-
veyed, TO the said Richard L. Buck and samuel 4
iersey and their In the trusts thereof IN
their use and bchouf forever, hut only unou ,b.
trusts ana iof ihe purposes therein declared and set
iufih' 10 WI Tor the persons and corporations and
III trust for the benefit protection ana security of tbe
persons or corporations who should hold the bonds 10
De Issued by the said Bncksport and Bangor Rail
road Company, which were in the negr.o.te of Tho
amount or sum OF Four Hundred thousand Dnllnrs
as stipulated in said instrument and for rnforring
the stpulaons OF the said Railroad CoInpany in
that behalf in their true intent and m.aning wh.tI.
or coniaine, in said Bonds in said instrument and
subject 10 the pro, isOnS the Laws of tL. stat.
of Maine, relating 10 Railroad mortgages and the
rights. powers duties and obligations of Trustees
therein ana thereby appointed,
And whereas, the said Richard T. I,uck and I'M.
sald samuel tiersev accepted the trusts created as
aforesaid and, whereas. after said acceptance Snmnel
+. Hersey one of the Trustees aforesaid died and
whereas, at meeting of the bondhold.rs under said
mortgage, called and notified according TO The stat
ute IN such case made and provided, sewall H. swa.
zty al Bucksport in the County of Hancock and state
OF Maine, was tlecte, by ballot by snid boudholi,r
"A new Trustee 10 ill the vacancy caused nv the
death OF the said samuel p Hcrsey, and. whereas,
the proceedings of said meeting of bondholeers was
presented To the supreme Judicial Court of the Safe
of Maine, by whom, after notice and hearing snid
election OF the said sewa b. swazey as Trustee was
affirmed. ~
And whereas, the said Richard L. Buck has since
.ald election and aihrmance executed the necessary
transfer OF Inc trust property Ia the new Trustee,
And whereas, the conditions of said mortyap e
were lia' III case the said Bucksport and Bangor
iaI' i opahy should fail 10 pay the principal or
any part thereof or the Interest or any part thereof
OF any OF said Bonds. when the same should be- de-
mnnI,d, after the same should have become due and
payable aud should neglect Ia pay the same for the
term of ninety days after sld demand such proceed
ings might be had for the purpose of enforcing nay
me- nj, of ioreclo-ing said mortgage ms il n,ovid,d
IN the ity chapter of the Revised Statutes of the
state of Maine or OF amendments thereto there
t"fore made, or thereafter to lie made,
And whereas, the said Corporation has failed 10
pay the interest upon all Of said Bonds although the
interest coupons were presented TO- and said Interest
wa, demanded of the Treasurer Of said corporation at
Ter III bfdhe eIr ana pay able" and elected pay the
same Tor the term OF ninety days after said demand
And whereas. an application has been made 10 MS
in the words aud figures following TO wit; 40 Nes.
srs Richard l.. Buck ana Sewall g. Swazey Trustees
under certain mortgage made by the Bucksport and
Bangor Railroad Company to trustees dated Nov, NJ
Der TO- ls1' and recorded in the Registry ofDeeds for
the tounly of Hancock, in the STATE of Maine Vol.
uInc no, Rage ~, and recorded in the Registry of
Deeds for he Comfy Of Pcnob>cot in said State,
Volume 4i, Page 4c5 The nndersgn being hol-
dtrs OF Bonds secured by the mortgage aforesaid in
the sums or amounts at par, exclusive of interest,
as set against our names below respectively which
sums or amounts, in the aggregate, exceed one.
third OF the whole amount of the bond. secured by
NE mortgage aforesaid hereby apply TO you to nav
the said mortgage forocos,d according to law. Dat,
at Bucksport in the County of Hancock IN the state
OF Nialhe, ON the twenty sixth dry of Deeember, A.
ID. 1873;