The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-06
Trustees Sale.

WHEREAS, The Milan Paper Company, eorpo-
ration organized and existing under and by virtue
of the laws of the state of Illinois. and doing bust
ness in Rock Island county, in said state, by lis
certain trust deed bearing date the second day OF
April. a b., 1877, daily executed, acknowledged
and delivered, and afterwards recorded in the Re
coTders office in said Rock Island county, in Book
OF mortgages. on pages $50 to $50 inclusive,
did convey INTO the undersigned, Thomas j. RoiE
lnson. as Trustee the following described preIni-
SEES situate, lying and being in the county Of Rock
Island and state of Illinois, to-wt: That certain
tract or parcel of land situated on Lower Wells
island in section twenty-three, (23), in town
ship seventeen. 90, north of range two, (2), west
of the fourth principal meridian, in the county Of
Rock Island and state OF Illinois, bounded and de-
scrbed as follows to-witi Commencing at point
in the top line Of the north face of the wall now
standing On the south side the race or canal eX-
tending along the north side Of said island distant
thirty t30) feet westerly from the northwest cor
ner OF the paper mill, as the same was located on
the first day of January A. D., 1875, on said isl
and; running thence souther1y one hundred and
fifteen tll5) feet to an iron bolt driven in the
ground the centre line Of street forty 10y feet
in width and extending from the main highway
across said island in easterly direction TO It's
head at the iron bolt next hereinafter described,
dhe centre line of which street is straight line
parallel with the north face of the wall
aforesaid; running thence easterly along said
| centre line of said street one hundred and sixty
160 feetto another iron bolt driyenin the ground;
thence hortherly at right angles with said last
mentioned line twenty l2e) feet; thence north
easter1y at an angle of As : with said last men
toned line (turning said angle of to the right
ninety 900 feet, more or less TO the edge of the
mill pond above the dams across Rock River:
thence north westerly TO the south end of the dam
between said Lower Wells Island and Wand
ruffs Island; thence westwandly along the south
end of said dam and the south edge of the river
| north of the north bank or wall OF said canal on
race below said dam to point directly north OF the
point of beginning; thence south TO the pace OF
bpoiDninO
| Provided, nevertheless That that part Of said
premises situate in the street aforesaid shall for
| ever remain open and unobstructed for the pnr-
pose of private road over the same for the pro-
| prietors from time to time abutting the same !;
also fifteen hundred (1500) inches of water to Re
measured at the verge Of the wheel and TO be ia
| ken from said race or canal upon the above de-
scribed premises, said fifteen hundred tl5Oob IN
ches being the same as that mentioned in deed
| from Holmes Hakes to Roswell P. Dart.
| IN TRUST, Nevertheless, To secure the payment
Of twenty-five thousand (25,O0O) dollars in bonds
issued by said paper company payable 10 the I'M
| dersigned, Thomas j. Robinson the party Of the
| second part in said trast deed named, or bearer,
thirty 800 of said bonds being for the sum of five
hundred $500 dollars each, and one hundred 600
Of said bonds being for one hundred goo dollars
each, all payable at the option of said Paper Com
pany at any time after one year from date thereof,
and payable absolutely in five years from the date
of said bonds, with interest thereon at the rate of
ten per cent per annum payable annually from the
| date thereof, and for which coupons are attached
to said bonds; ...
And Whereas It was provided in and by said
| trust deed that at any time after five years from
the date of said bonds if any of said bonds con
pons remained unpaid, said Trustee, upon the re-
| quest, in writing, of the holders of one third in
yalne of said bonds which should then remain due
and unpaid, should advertise and sell said deserib-
| ed lands tenements and water power, with the APP
purtenances aforesaid, TO satisfy the same, and
| that due notice of said sale should be given by
| said Trustee at least sixty (G0) days before the
/ 4 nf laI. Inv anill
| newspaper printed and published in the city OF
Rock Island in said county, such notice to be in
serted for at least six 20 successive days, and the
first of such notices TO be at least sixty (G0) days
| before the day of such sale; .-l "a.
| And Whereas, Default has been made in the
| payment of the said bonds secured by said Trnst
| Deed, upon which there is now claimed 10 be due
including principal and interest the sum OF thirty
three thousand, three hundred and fifty dollars
and ffy-f0ur cents, (S33 $50 50, and the holders
OF more than onethird in value of all Of said bonds
l-haye REQ uest.d the undersigned, Trustee, aforc
said, to advertise and sell the said lands, tenc
ments water power and appurtcnances TO satisfy
the slIne.
Now, Therefore, /, Thomas j. Robinson, Trus
tee. AS Aforesaid. hereby give notice, that in pur
| suance of saCh request and under the power ano
authority To me given and granted and in me vest
! ed in and uy said Trust Deed, executed TO me a:
aforesaid ana for the purposes therein mentioned
viii on Tuesday the 22d day of January, A. ID.
1854 at tine hour Of 10 O'Clock in the forenoon o
4 that day, on the said described premises, sell a
| public auction to the highest and best bidder, 70
! the highest and best price the same Will bring 10
cash. i'll and singular the property conveyed to m
in trust as Rboye particularly mentioned and dc
i scribeG, such part or portion thereof as may b
necessary to pay and discharge said bonds am
coupons, ana 10 fully carry out and execute SAT
trust a. is provided in said Trust Deed, and al
right and equity of redemption of the said Tn
Milan Paper Company therein, at the date of sal
Trust Deed and that will make conveyance 3
the purchaser or purchasers IN accordance WI
/ the terms of said Trust Deed. li ", isda ~
| Dated at Rock Island, III. . this 10Th day of Ae
| yeniber, A. D.. 1888. A :. "'-'
II THOMAS J. ROBINSON, Trustee.
SWEENEY & WALLER, Attorneys for Trustee
~ noV-l9-d4w Fe. .-s -1