The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-11-28
LEGAL.
Trustees Sale.

IEJ >, q
w corporation existing under the laws OF the
State Of Illinois, by its certain mortgage or trust
deed, bearing cate the twenty-hfth day OF Novem5
ber 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, III the late O. Illinois, on the twenty
en- h day oil November, A. d 1885, in volume Y Of
mo1tga ages page sS2 thereof, did grant, bargain,
sell and convey unto James M. Buford, as trustee,
the 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 1O) together with all and singular
the Entertainments and appurtenances thereunto
belonging in any wise appertainiBg thereto
also all the machinery and fixtures then contained in
the buildings or on 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 sum
of five hundred dollars each, all bearing date the
fret day OF December. A. u. 1876, and payable on
the hrsI day OF August. A D. ISL after their date,
TO said James NJ. Buford, trustee or bearer, with
able annually; said bonds having interest coupons
thereto attached for the annual interest TO become
due thereon reference to said trust
decd 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-
fault in the payment Of said bonds or any Of
them al the time they should become due or paya-
bic 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, anG all the right and equity Of
redemption of said corporation ia and TO the same,
al public auction to the highest bidder for cash in
hand, at the north door OF the Court House in
ssid city, after having advertised such sale, the
time, place, terms thereof and description of the
property TO be sold for twenty (20) Gays a news
paper printed and published il said county: that
said trustee might also give such other and ike
notice OF said sale as he il his discretion might
CONSIDER 10 De besti tn9t said zeal and personal
property should be sold in such parts, lots, sub
divisions or as whole, a said trustee might de-
terInlne 10 De best but that the owner or
owners of a majority in value of said bonded in
debtedness might direct how said property should
be SOLD, and that SAID trustee should offer the
for sale as directed by them il writing; that upon
such sale such trustee should eXecut>, ackn0wl-
edge and deliver 10 the purchaser or purchasers
good and sufficient deed or deeds for the premises
sod and bill of sale for the personal property sold
that said deed deeds should convey TO the pur-
chaser purchasers a full and com slete title il
law and equity in and 10 the premises sold, and
that said corporation should execute and deliver
any other deed deeds To the premises sold the
purchaser or purchasers might deem Ii cesssry 10
vest in them fun and complete title in fee sim
And WHEREAS IL and by SAID trust decd It was
among other things further provided that IN case
not be paid within ninety 600 days after the same
should De due and payable and presented for pay
lntel est should be due without any future action
or notice on the part Of the owner owners OF
said bonds or coupons. and SAID trustee when mott
heo OF such nol-Pay LneIt III writing, should pro-
coed 10 awe tise aud sell SAID resi- and personal
property IL the same manner. at the same place, |
upon Ike notice. ana IN ali respects Tia sAle ehall
be conducted Or conveyance made thercinbcfore /
provided ia case Of sale for non payment of the /
bonds 1T maturity; ana that until Gefaut should |
b made in the ayment II said bomb coupons
the said corporation should have the right to -e
possess ana ENJOY said premises and personal prop
erty for he purpose Of business, but in case of
default in the pa men of said bonus coupons AZ
herein provided the raid trustee might enter I'D
on and take possession OF the property therein
conveyed, with n without process OF law, and ul-
sale there Of aforesaid denver possession to
the purchaser Cr purchasers according to the ex-
tent OF his, her or their purchase:
And WHEREAS, there are now outstanding ard
mir ~ tpf "A
And WHEREAS, all the interest coupons thereto
belonging lor the annual instalmcnt OF interest
thereon which became due on tie fire. day af An.
gust, A. ID. 1915, were Gully presented said cor
poratioD for payment at the Gate OF the maturity
the Of thirty-Cne dollars and seveuty-seyen
cents ($3l71). and default then made by said
IN the payment of the remainder there
and WHEREAS. all the interest coupons 70 sais
az ne loned bonds belonging, for the annual n
etaiIihent q l[l0res thereon which became due on
The first day Of August, A 1879, were duly pre-
sented to said corporation for payment al the date
IF the maturity thereof, and payment thereof was
by said corporation refused:
and WHEREAS. more than ninety days have
Elapsed since said coupons respectively became
Tue and payable and were presented for payment
Ind payment thereof refused az aforesaid where
~ the wboe OF said bonded debt prsncipal aud
interest, bee me due as provide by eaid trust
letd
And NaEREAs said corporation, after demand
made, ncglecis aud refuse to pay the same:
And NHEsEAs said last mentioned bonds and
oupons Yet remain wholly due and unpaid, save
A.
,. 1875 aforesaid, and there Is now due and I'M
aid Their or the sum Of hfty-two thousand five |
hundred and hfty-tbree dollars and twenty cents
$50, 553 30:
And WuFEEAs, Philemon L. Mitchell the owner end
Older II eighty i've (e5) 4 said outstanding bonds
ndof tie unpaid coupons thereto Belonging Land al
Of The unpaid coupons upon two other of said out
landing bonds; and PhilaBder L. Gable the owner
nd holder Of three 90 OF said outstanding
oDds and of the unpaidsCou there 10 belong
ng. have duly notified the undersigned. trustee as
loresaidin writing Of the non-pay Mt of said cou
ons and OF said bonded indebtedness as aforesaid
nd sell said real and personal property ABOVE
lentioned for the payment thereof. a. provided by
aid decd Of trusl; and whereas the ndersigned as
lch trustee. did thereupon enter upon and take
possession OF the property aforesaid, and holds
lie same:
Now, THEREFORE,, public notice ie hereby given
lai the undersigned, tue said James NJ. Buford -
ustee as aforesaid. under and by virtue Of the
over and authority to him given by he trust deed
oresaid, WILTON Saturday the third day of Janua-
/, a ID. 1850, at two O'Clock in the
ternoon of that day. at the north door
the Court House, in said city OF Rock Island
III al public auction. TO the highest bidder, for 4
sh in hand, the following trAcl Of land in that q
irt Of said city of Rock island known and called u
nicago or Lower Addition. described as follows
wt:-All OF block ten (10l, together with all
ia singular the hereditaments and appurtenan-
s thereunto belonging or 10 any wise aDpertain-
g thereto. Also ali the machinery and fixtures, On
the twenty fifth day of November, A. ID. 1876, tn
nalned IN the buildings said premises ana in
ed In and about the business Of manufacturing by
ndow glass. carried on by said corporation 10 DIR
i'd city, aud all the right and equity OF redemp- Gu
1n of the said The Rock Island t5lase company 70
and to the same. to ga isfy said bonded indebt-
mess and the costs OF said sale. alb
Dated this twenty fourth day OF November, A d. 70
- JAMES NJ. BUFoRD, a nO
Trustee.