Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1881-09-05
NOTICE Is HEREBY GIVEN, thai the subscri.
~ Der has been duly appointed Administering
Portland and Oxford Central
Railroad Company.
FORECLOSURE OF MORTGAGE.

WHEREAS the Portland and Oxford Central
w Railroad COMPANY, a corporation duly esab
lished by the laws Of thu State of Maine, by II.
mort gage deed dated the twentieth day OF May in III,
year of our Lord eighteen hundred and sixty.,hree
recorded in Oxford County Registry of Deeds, Book
1872, Pages 30 TO 2l7 inclusive, and also in Andres
40 247 inclusive. conveyed to Allen Haines Err.
Carter, Dr., and John W Lane in the capacity OF
Trustees in mortgage and in trust,
All and singular the premises, franchises and
privileges unto the said Portland and Oxford Cen.
trail Railroad Company thea belonging, that is 10
say: The franchises and railroads. rights of way
easements, depots, engine houses and other houses
situated between the Atlantic ard St Lawrence
Railroad in the town of Minot and Canton Point at
the Androscoggin River, and more particularly de-
scribei in the deed from F. o. J. smith TO the said
Pori land and Oxford Central Railroad Company,
bearing date the first day of May in the year OF
Lord eighteen hundred and sixty three. recorded In
Androscoggin County Registry of Deeds. Book d,
Pages 469, 40 aud AL and in oxford County Regis
try of Deeds Book 49, Pages 1l3, ia. rs and il6
to which records reference is hereby made for the
details thereof far said deed relates the dis
taDce within said termini, meaning therein and
thereby to include so much of all the franchises
privileges corporate rights and property, real per
soha and mixed owned and possessed ut the date Of
the execution of said deed of mortgage and trust
by the said Portland and Oxford Central Railroad
Company within the aforesaid termini of Mnot and
Canton Point at the Androscopgin River, and
whether derived under and by virtue of the charter
of SAID Company or of the deed TO said last named
company from said Smith, and inclusive of all real
estate and equipment that should be thereafter
QuTru III the IuI cOtplettOn eQu1pnen. OF Salu
road which deed was conditioned for the payment o,
the principal and interest of certain bonds issued by
said corporation, bearing date the twentieth day Of
May Ia the year of our Lord eighteen hundred and
sixtythree and amounting in the aggregate TO two
hundred snd forty thousand dollars, with semi
annual interest coupons thereon a, the rate of six
per cent per annum from the date of said bonds and
the principal OF which said bonds, wa. payable In
ten years from the date thereof, and which said
bonds were of the denomination following: forty Of
ore Thousand dollars each, two hundred Of fva hun.
dred dollars each, two hundred of three hundred dol
lars each, and four hundred of hundred dollars
each tina whereas said Haines, Carter and Lane
ly accepted the said onveyance and the trusts
thereby created; that whereas the said deed was
conditioned that If the said corporation should well
and truly pay or canse to be paid to the holders Of
SAID bonds and coupons and every one of them, the
SUM OF money therein mentioned at the times ana
III the manner aforesaid then and rom thenceforth
the said deed and the estate thereby granted should
cease and deter mine and become utterly void
That whereas he said semi-annuaI coupons for
the IN crest which became payable the twentieth
day of November in the year of our Lord eigh cen
hundred and sixty three and every succeeding tween
iieth day of November and May thereafter, to and
Including the twentieth day of May in the year Of
our Lord eighteen hundred and enty three as the
said coupons respectively became payable ere pre-
scented to the Treasurer Of said corporation and ay
ment of said coupons and the interest due according
thereto was then duly demanded of said treasurer;
but the said Treasurer ana the said company paid
only portion OF the same and have each wholly
neglected and refused to pay the remaining portion
and have ever since so neglected and refused and
whereas the principal OF i'd bonds became due on
eighteen hundred and y-three aud as on said
day duly presented TO and thcr. of demanded
OF said TREASURER, but said Treasurer and said cor.
tpora'ion have then and ever since each neglected
ana refused to pay the said principal OF any pur
thereof, although more than ninety days have ped
since said demand was made, whereby the condition
of said mortgage has been broken
And whereas said Allen Haines has deceased and
Augustus r. Houton has been duly appointed and
qualified his successor in the trust and proper deed
OF conveyance OF said es ate executed him such
successor by said Garter and Lane which deed has
been duly recorded in Oxford County Registry Of
Deeds, eastern DistricD Book 100, Pages 1913, 81
ana 80. and IN Androscoggin County Registry Of
Deeds, Book l0i Pages 800, $40 and 3l.
And whereas lrael Washburn, Jr and Sullivan G.
Andrews are the lders and owners of said bonds TO
an amount exceeding one half of the total amount Of
the same. TO wit: holders and owners of more than
two hundred thousand dollars thereof and are the
holders and owners Of the aforesaid interest coupons
TO an amount exceeding halt of the total amount
thereOt to wit: holders and Ow nefs OF than
one hundred thousand dollars thereof, and have
MADE application in writing to the undersigned
trustees TO have the aforesaid mortgage toeclosed
ana therein they claim that the condition Of saa
mortgage has been broken by the aforesaid failure Of
10 pay the principal thereof for than ninety da
ater demand upon the Treasurer OF said Corp0ratoa
Tor payment thereof; and request and demand o.
US the said Trustees TO proceed at once and wiho"
tIay Tor the foreclosure OF said mortgage.
Now therefore the undersigned Ezra Carter ".
John W. Lane and Augustus F. Moulton, the duy
appointed successor of Allen Haines deceased, IIa
tees aforesaid for the benefit and interest and
the use of all the holders of said bonds and nieres,
coupons ON the same hereby claim foreclosure Of aM
mortgage by reason of the brta aches OF condition y
Aforesaid And they give this notice for the purPo"
OF Affecting such foreclosure.
Dated at Portland, the thriieth day of July Al
1881.
EZRA CARTER, JR,
JOHN w. LANE, Trustee"
AUGUSTUS F. MOULTON,)
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