The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-15
Trustees Sale.

WHEREAS. The Milan Paper Company, corpo-
ration organized and existing under and by virtue
of the laws of the state of Illinois, and doing bust
ness in Rock Island comfy, 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
corder's 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, us Trustee, the following described premi-
SEES, situate lying and being in the county of Rock
Island, and state of Illinois, towit: That certain
tract or parcel of land situated on Lower Wells
Island, in section twenty three, (23), in town
ship seventeen, 20, 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-wit Commencing at point
in the top line of the north face of the wall now
standing on the south side Of the race canal ex
tending along the north side Of said island distant
thirty 1907 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 southerly one hundred and
fifteen 1l5} 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 eastery 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 easterly along said
centre line of said street one hundred and sixty
16O) feetto another iron bolt driYenin the ground;
thence northerly at rightsngles with said last
mentioned line twenty (20) feet; thence north
easterly at an angle of As 9 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-westery 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 river
north of the north bank wall of said canal or
race below said dam point directly north of the
point of beginning; thence south to the place Of
beginning,
Provided, nevertheless; That that part of said
premises situate in the street aforesaid shall for
ever remain open and unobstructed for the pur
pose of private road over the same for the pro-
prietors from time to time abutting the same :;
also, fifteen hundred $500 inches of water to he
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 that mentioned in deed
from Holmes Hakes to Roswell P. Dart
In TRUST, Nevertheless, To secure the payment
of twenty-five thousand (I5,000) dollars in bonds
issued by said paper company, payable to the un-
dersgned, Thomas j. Robinson, the party of the
second part in said trust deed named, or bearer,
thirty 800 of said bonds being for the sum of five
hundred 5000 dollars each, and one hundred 900
of said bonds being for one hundred 600 dollars
each, all payable at the option of said Paper Com
pany al any time after 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;
Ana 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 cou-
pons remained unpaid said Trustee, upon the re
quest, in writing, of the holders of one third in
value of said bonds which should then remain due
and unpaid, should advertise and sell said describ-
ed lands, tencments and water power, with the ap-
purtenanCes aforesaid, to satisfy the same, and
that due notice of said sale should be given by
said Trustee. at least sixty 600 days before the
day of sale, by publication thereof in some daily
newspaper printed and published in the city OF
Rock Island in said county, such notice to be in
serted for least six 90 successive days, and the
first of such notices TO be at least sixty 1907 days
before the day of such sale;
And Whereas, Default has been made in the
payment of the said bonds secured by said Trust
Deed, upon which there is now claimed to be due
including principal and interest," the sum of thirty
three thousand, three hundred and fifty dollars
and fftyfOur cents, 1888 $50 54), and the holder
of more than one-;hrd in value OF all of said bonds
| have req uestt the undersigned, Trustee, aforc
| said to advertise and sell the said lands, tene
ments, water power and appurtenaRces TO satisfy
the same.
| Now, Therefore, l, Thomas j. Robinson, Trus
tee, as aforesaid. hereby give notice, that in pur
suanCe of such request and under the power ant
authority to me given and granted and in me vest
| ed in and by said Trust Deed, executed TO ME a,
aforesaid. and for the purposes therein mentioned
| | WILL on Tuesday the 22d day Of January, A. d.
1884, at the hour of 10 O'Clock in the forenoon o
| that day on the said described premises sell a
public auction, to the highest and best bidder, TO
the highest and best price the same win bring 70
cash, all and singular the property conveyed TO m
| in trust above particularly mentioned and dc
sCribed. or such part OF portion thereof rs may b
necessary to pay and discharge said bonds an
| coupons, and TO fully carry out and execute sal
| trust as is provided in saids 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 t
the purchaser or purchasers in accordance wit
| the terms of said Trust Deed.
Dated at Rock Island, H., this 10Th day of Nc
| venber, A. D., 1888.
THOMAS j. ROBINSON, Trustee.
| SWEENEY & WALKER, Attorneys for Trustee.
noy-l9-ddw