Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1881-09-02
LEGAL advertisements.
Portland and Oxford Central
Railroad Company.
FORECLOSURE OF MORTGAGE.

WHEREAS the Portland and Oxford Centra,
w Railroad Company, a corporation duly estah
Ii shed by the laws of thu State of Maine by its
mortgage deed dated the twentieth day OF Nav in the
year of our Lord eighteen hundred and sixty three
| recorded in sford County Registry of Deeds, Book
1872 Pages 2lO to 2l7 inclusive, and also in Andres
coggin County Registry of Deeds Book &c. Pages
2i0 TO 247 inclusive, conveyed to Allen Haines Ezra
Carter Jr., 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 Gen.
trail Railroad Company the belonging. that is TO
say The franchises and railroads, rights of way
| easements depots, engine houses and other houses
situated between the Atlantic and 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
POr land and Oxford Central Railroad Company
bearing date the fir day of May in the wear OF our
Lord eighteen hundred and sixty tee. recorded in
Androscoggin County Registry of Deeds, Book 81,
Pages i69 40 aud AL, and in oxford County Regis
try of Deeds, Book 49,. Pages 49, III, ll5 and i6
to which records reference is hereby made for the
details thereof; far said deed relates to the dis
lance within said termni, meaning therein and
thereby to include much of all the franchises,
privileges, corporate rights and property. real per-
sonal and mixed owned and possessed at the date Of
the execution of said deed of mort gage and trust,
by the said Portland and Oxford Central Railroad
Company within the aforesaid termini of MnOt and
Canton Point at the Androscogg,n 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 Il ereatter ac
road which deed was conditioned for the payment Ct
the principal and interest of certain bonds issued by
said corporation bearing date the twentieth day OF
May i'll the year of our Lord eighteen hundred and
sixty three and amounting in the aggregate to two
hundred and forty thousand dollars. with semi
annual interest coupons thereon at the rate of six
per cent per annum from the date of said bonds and
the principal OF which said bonds, was payable in
ten years from the date thereof, and which said
bonds were of the denomination following: forty Of
one thousand dollars each, two hundred of five hun,
dred dollars each two hundred of three hundred dol
lars each. and four hundred of one hundred dollars
each that whereas said I1aines, Carter and Lane
ly accepted the said conveyance and the trusts
thereby created that whereas the said deed
conditioned that il the said corporation should well
and truly pay cause TO be paid to the holders OF
said bonds and coupons. and every one of them. the
sums OF money therein mentioned at the times and
in the manner aforesaid, then and from thenceforh
the said deed and the estate thereby granted should
cease and determine and become utterly void.
That whereas the said semi-annual coupons for
the interest which became payable the twentieth
day Of November in the year of Lord eighteen
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 seventy three the
said coupons respectively became payable, pre-.
scented to the Treasurer Of said corporation and pay
ent of said coupons and the interest due according
thereto 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 s id bonds became due on
eighteen hundred and seventy three and vas on said
day duly presented to payment Their. of demand
OF said Treasurer, but said Treasurer and said
poration have then and since each neglected
and refused to pay the said principal or any purt
thereof, although more than ninety days have Cd
since said demand was made, whereby the condition
of said mortgage has been broken.
And whereas said Allen Haines has deceased and
Augustus r. Noulon has been duly appointed and
qualified his successor in the trust and proper deed
OF conveyance OF said ate executed to him as such
successor by said carter and Lane, which deed has
been duly recorded in Oxford County Registry Of
Deeds, eastern District) Book 100, Pages 373 3,4
and 80, and in AndroscOggin County Registry Of
Deeds, Book lOi, Pages 800, $40 and 81.
And whereas Irael Washburn, Jr. and Sullivan c.
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
10 an amount exceeding half of the total amount
thereof to wit holders and owners of more than
one hundred thousand dollars thereof, and have
made application in writing to the undersigned
Trustees TO have the afore said mortgage forecosed
ana therein they claim that the condition of said
mortgage has been broken by the aforesaid failure Of
SAID company topay the interest on its said bonds
10 pay the principal thereof for than ninety days
after demand upon the Treasurer OF said Corporation
Tor payment thereof; and request and demand Of
Us the said trustees TO proceed at and without
d,iay Tor the foreclosure OF said mortgage.
now therefore the undersigned Ezra Carter, Jr,
John w. Lane and Augustus +. MoultOn, the Only
appointed successor of Allen HaiBes deceased Tus-
tees AS aforesaid for the benefit and interest and 10
tne use OF all the holders of said bonds and interest
coupons on the same hereby claim foreclosure Of said
mortgage by reason OF the breaches OF condition as
aforesaid And they give this notice for the purpose
OF affecting such foreclosure.
Dated ut Portland, the thiriieth day of July A. d.
1881.
EZRA CARTER, JR.
JOHN W. LANE, Trustees.
On, AUGUSTUS F. MOULTON,)