The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-11-21
Trustees Sale.

WHEREAS, The Milan Paper Company, a corpo
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 its
certain trust deed bearing date the second day OF
April. A d., 1877, duly executed, acknowledged
and delivered, and afterwards recorded in the Re
corders Office in said Rock Island county, in Book
OF mortgages, on pages $50 to $50 inclusive,
did convey unto the undersigned, Thomas j. Rob
inson, as Trustee, the following described premi
SEES, situate lying and being in the county of Rock
Island and state Of Illinois, to-wit: That certain
tract or parcel of land situated on Lower Wells
lsland'' in section twenty three, (23), in town
ship seventeen, 40, north of range two (2), west
of the fourth principal meridian, in the county OF
Rock Island and state of Illinois. bounded and de
scribed as follows, to-wit: Commencing at a point
in the top line of the north face of the wall now
standing on the south side of he race or canal ex
tending along the north side of said island distant
thirty (3O) feet westerly from the northwest cor
ner of the paper mill, as the same was located on
the first day of January, 4. D., 1875 on said isl
and; running thence southerly one hundred and
fifteen (ll5) feet to an iron bolt driven in the
ground IN the centre line of street forty (40) feet
in width and extending from the main highway
across said island in an esstery direction to its
head at the iron bolt next hereinafter described,
(the centre line of which street is straight line
parallel with the north face of the wall
aforesaid); running thence easteTly along said
centre line of said street one hundred and sixty
160) feetto smother iron bolt driven in the ground
thence northerly at right-angles with said last
mentioned line twenty (20) feet; thence north
easterly at an angle of 45o with said last men
toned line turning said angle off 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
ruff island; thence westwardly along the south
end Of said dam and the south edge Of the rivel
north of the north bank or wall of said canal OF
race below said dam to point directly north of the
point of beginning; thence south to the place Of
beginning,
premises situate in the street aforesaid shall for
ever remain open and Hnobstucted for the pur
pose of private road over the same for the pro
prietors from time TO time abutting the same
also, fifteen hundred (15G0) inches of water to &c
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 $500 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 f25, 000) dollars in bonds
issued by said paper company, payable to the un
dersigned. Thomas j. Robinson, the party of the
second part in said trust deed named, or bearer
thirty 900 of said bonds being for the sum of f VI
hundred 5000 dollars each, and one hundred Goo
of said bonds being for one hundred 600 dollar.
each, all payable at the option of said Paper Com
pany at any time after one year from date thereof
and payable absolutely in i've years from the dat,
of said bonds, with interest thereon at the rate o
ten per cent per annum, payable annually from tn
| to said bonds;
And Whereas, 1t was provided in and by sal,
| trust deed that at any time after five years froT
the date of said bonds if any of said bonds or cou
| pons remained unpaid, said Trustee, upon the re
quest, in writing. of the holders of one third il
value of said bonds which should then remain du
and unpaid, should advertise and sell said DESERT
ed lands, tenements and water power, with the az
purtenances aforesaid, to satisfy the same, am
| that due notice of said sale should be given b.
said Trustee, at least sixty (60) days before tn
day of sale, by publication thereof in some dali
newspaper printed and published in the city o
| Rock Island in said county, such notice to be in
serted for at least six go successive days, and tn
first of such notices to be at least sixty (60) day
| before the day of such sale;
And Whereas, Default has been made in tn
| payment Of the said bonds secured by said Trus
| Deed, upon which there is now claimed to be due
including principal and interest, the of thirty
three thousand, three hundred and fifty dollar
and fifty -four cents (S33, $50 Sd, and the holder
OF more than pneshird in value of all of said bond
| have req nest the undersigned, Trustee, afort
| said, to advertise and sell the said lands, tent
ments, water power and appurtenances to satisf
| the same.
Now, Therefore, !, Thomas J. Robinson, Trus
tee, as aforesaid hereby give notice, that in pun
| suance of such request and under the power an
| authority TO me given and granted and in me vesi
l ed in and by said Trust Deed, executed TO me q
aforesaid. and for the purposes therein mentioned
| l will, on Tuesday the 22d day of January, A. d.
1884, at the hour of 10 O'Clock in the forenoon 0
that day, on the SAID described premises sell
public auction to the highest and best bidder, 70
the highest and best price the same will bring TO
cash, all and singular the property conveyed to IN
in trust as above particularly mentioned and de
scribed, or such part or portion thereof may b
necessary to pay and discharge said bonds am
coupons, and to fully carry out and execute sal,
trust as 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 SAT-
Trust Deed, and that viii make conveyance b
the purchaser or purchasers IN accordance witt
the terms of said Trust Deed.
Dated at Rock Island, Ill, this 10Th day of No
vember, A. D.. 1888.
TH0MASaJ. ROBINSON, Trustee.
SWEENEY & WALKER, Attorneys for Trustee
noY-l9-d4w