The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-12-01
LEGAL,
Trustees Sale.

tkiHEREAS, The Rock Island Glass company;
wv corporation existing under the laws OF the
State of Illinois, by its certain mortgage or trust
deed, bearing date the twenty-Ffth day OF NoVem1
delivered, and duly recorded in the ofhce OF the
Recorder of Deeds, in and for the county OF Rock
Island the ) ate OF Illinois, on the twenty-sev-
| emil day of November, A. ID 1876, in volume Of
mortgages, at page 22 thereof, did grant, bargain,
sell ana convey unto James NJ Buford, as trustee,
following tract of land in 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 follows, to-wit: =
All of block ten (10 together with all and singular
| the hereditaments and appurtenances thereunto
| belonging IN any wise appertaining thereto
also all the machinery and fixtures then contained in
about the business Of manufacturing window glass,
carried on by the said corporation, in said city.
and which said rust deed was given for the pur-
fty certain bonds of said corporation for the sum
of five hundred dollars each, all bearing date the
the first day OF August A. d. 1881 their date,
to said james Nj Buford, trustee or bearer, with
able annually SAID bonds having interest co upons
thereto attached for the annual interest TO become
due thereon reference to said trnst
more fully and at large appear:
| And WHEREAS in and by said trust de ed it was
among other things provided that in CAGE OF de-
| fault in the payment of said bonds any of
them at the time they should become due paya-
bic according to the thereof, The said trustee
| should upon the application of the owner or own
ers of said bonds or any 0! them, cell the said
real and personal property or such part thereof
might be Necessary and all the right and equity OF
redemption of said corporation IN and the same,
at public auction to the highest bidder for cash in
| hand, at the north door OF the Court House in
s ia city, after having advertised such sale, the
| time, place, terms thereof and description of the
property to be sold for twenty coo DAYS 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 paris lots sub
divisions whole, said trustee might de-
tormine to be best, but that the owner
| owners of majority in value of said bonded in
14hf miurhf aIA n
be sold, and that SAID trustee should offer the
for sale as directed by them in writing; tina upn
edge and deliver TO the purchaser or purchasers
good and SUFFICIENT Deed or deeds 1cr the premises
sold, and bill OF sale for the personal property sold
that SAID deed deeds SHOULD convey To the pur-
chaser or purchasers full and com ylete title in
law ana equity in and 10 the premises sold and
! that said corporation should execute and deliver
any other deed deeds to the premises sold as the
purchaser or purchasers might deem Necessary to
vest in them full and complete title in fee sim
pie
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
be paid within ninety 900 days after the
should be due and payable and presented for pay
ent, the whole of sand bonded debt, principal and
interest, should be due without any future action
or notice On the part OF the owner Or owners OF
saiG blonde or coupons and said trustee when mott
fled of such noI-payment III writing. shonld pro-
coed to aGve tise and sell SAID real and personal
property in the same manner, at the place, |
upon like notice. and in ali respects tn sale shall
be conducted Or conveyance made therCinbefore /
provided in case of sale for payment of the !
bonds at maturity; and thai until Default should |
b. made in the ayment uf said bonds or coupons |
the said corporation should have the rig ht to use
possess and enjoy said premises and personal propv
erty TOR the purpose of it's business hut in case Of
default the paS mem Of said bonds or coupons as
rein provided, the Eaid trustee might eufet ID
and take possession of the property therein
conveyed with r without process OF law. and up-
a sale lher OF as aforesaid denver Possession TO
the purchaser or purchasers according to the ex-
tent OF his her or their purchase:
And WHEREAS, there are now outstanding and
unpaid ninety 800 of said bonds and more
sha
belonging for the annual installmeni of interest
thereon which became due the flrst day af Au.
gust, a. ID. 1873, were duly presented said cor
poration for payment at the tate of the maturity
thereof and there was then paid upon each thereof
the sum of thIrty-oDe dollars and eeventy-seven
cents (S31 I'D, and default then made by said
CO poraion in the payment of the It mainder there
And WHEREAS, all the interest coupons to said
last mentioned bonds belonging, for the annual a.
sament of Interest thereon which became due on
the first day OF august, a. u 1879, were duly pre-
nted to said corporation for payment the date
of the maturity thereof, and payment thereof was
by SAID corporation refused:
And WHEREAS more than ninety days have
elapsed since said coupons respectively became
due and payable and were presented for payment
and payment thereof refused ls aforesaid where
by the who'e of said bonded debt. pr ncpal and
Interest, bee me due as provided by said trust
decd:
And WHEREAS, said corporation, after deu and
made. neglects and refuse pay the same:
And NHEkEAs, said last mentioned bonds and
coupons yet remain wholly due and unpaid, save
the payment on said coupons due August fret. A
D. 1875 aforesaid and there Is now due and ur-
paid ther the sum of nfty-two thousand Ave
hundred and fifty-three dollars aud twenty cents
$52 553 en-:
And WHRhEAs, Philemon L. Mitchell the owner and
holder II eighty five 1857 II sad outstanding bonds
sndof the unpaid coupons thereto belongin and al
of the unpaid coupons upon two other of said ont
standing bonds; and Philander l.. Cable the owner
ind holder of three go of said outstanding
ponds aud of the nnlaidacnnp ns there TO belong
ng. have duly notified the under ined, trustee az
din writing of the nonpayment of said cou-
IONS and of said bonded indebtedness as aforesaid
nd requested him to al once proceed to advertise
nd sell said real and PERSONAL property above
aentioned for the payment thereof, as provided by
aid deed of trusl. and whereas the undersigned as
ucn trustee. aid thereupon enter upon and take
ossession OF the property aforesaid and now holds
be same:
Now. THEREFORE, public NOTICES hereby given
hal the undersigned, the said James M B1ford -
over and authority to him given by the trust deed
feresaid, wilton saturday the thru day Of Janua-
Z. "A D. 1880. at two O'Clock in the
fternoon of that day. at the forth door
ELL At public auction, to the highest bidder, for
ash IN hand, the following tracs of land in that 8
art OF said city OF Rock STAND KIN wn and called II
nlcago or Lower addition. described as follows,
Wlt:-All Of block ten (10l together with al
nd singular the Entertainments and appurtenan-
3 tnereunto belonging or 10 any wise appertan
~ thtreto. Also ali the machinery and nxtures ca
the tw nty fifth day of November, A. D. 1876. tn
In the buildings or on said premises ano in
sed in and about the business of manufacturing by
indow glass. carried on by said corporation III DIR
I'D city, ard all the right and equit! oil redemp- Gu
on of the said The Rock Island 5lass company 70
and to the same, to sa isfy said bonded lndebt-
1ness and the costs OF said sale. alb
Dated this twenty fourth day Of November, A. ID. TO
JANIS M. BUFoRD, an 0
Trustee.
OSBORN. CURTIS o,NElI, Att'ys. n7aadsa