The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-19
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 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 553 inclusive,
did convey unto the undersigned, Thomas j. Rob-
inson, as Trustee, the following described premi-
ses 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
Island" in section twenty-three, (23), in town
ship seventeen, %, 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 or canal ex
tending along the north side of said island distant
thirty 30) 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 (I15) 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 easterly 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
160 feetto another 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 4o : 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 norh-westerly to the south end Of the dam
between said "Lower Wells Island" and Wand
rutf's lsand" thence westwardly along the south
end of said dam and the south edge of the river
north of the north bank or wall OF said canal OF
race below said dam to pointd 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 un0bstructed for the pur-
| pose of private road over the same for the pro
| prietOrs from time to time abuttlng on the same
also fifteen hundred $500 inches of water TO re
measured at the verge of the wheel and 10 be ia
| ken from said race or canal upon the above de
| scribcd premises, said fifteen hundred $500 in
| ches being the same that mentioned in deed
| from Holmes Hakes to Roswell ?. Dart
| IN TRUST, Nevertheless, To secure the payment
of twenty-five Thousand (25, 00O dollars in bonds
issued by said paper company, payable to the uH
dersigned, Thomas J. Robinson, the party of the
second part in said trust deed named bearer
thirty 800 of said bonds being for the sum of i've
hundred $500 dollars each, and one hundred 200
| of said bonds being for one hundred 200 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 o.
ten per cent per annum, payable annually from tht
! date thereof and for which coupons are attached
/ to said bonds;
| And Whereas, 1t was provided in and by sale
| trust deed that at any time after five years from
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-thiTd il
| value of sad bonds which should then remain due
and unpaid, should advertise and sell said describ
ed lands. tenements and water power, with the APP
| purtenances aforesaid, TO satisfy the same, ant
| that due notice of said sale should be given by
| SNii TTpGtpp At least ftIn dayS before the
| d of sale by publication thereof in some dali,
| newspaper printed and published in the city o
Rock Island in said county, such notice 10 be in
serted for least six 60 successive days, and th
first of such notices to be at least sixty (60) day
| before the day of such sale;
And Whereas, Default has been made in IN
| payment of the said bonds secured by said Trus
| Deed, upon which there is now claimed to be due
including principal and.interest, the sum of thirty
| three thousand, three hundred and fifty dollar
and fty-four cents, 1888, $50 54), and the holder
of more than onethird in value OF all of said bond
have reg uest' the undersigned, Trustee, afore
said to advertise and sell the said lands, tene
ments, water power and aPpurtenances to satisf
| the same.
Now, Therefore, !, Thomas j. Robinson, Tru.
tee, as aforesaid. hereby give notice, that in pG1
| suanCe of such request and under the power an
authority to me given and granted and in me yes
ed in and by said Trust Deed, executed 10 me q
aforesaid. and for the purposes therein mentionet
| will, on Tuesday the 22d day of January, A. ID
1854, at tne nour OF ~ CLOCK III the lofehoon I
that day, on the said described premises, sell
public auction, to the highest and best bidder, f
the highest and best price the same will bring fl
cash, all and singular the property conveyed to n
in trust as above particularly mentioned and d
scribed, or such part or portion thereof as may
necessary TO pay and discharge said bonds an
coupons, and to fully carry out and execute sal
trust as is provided in said Trust Deed, and a
right and equity of redemption of the said tt
Milan Paper Company therein, at the date of sa
. Trust Deed, and that l will make conveyance
the purchaser or purchasers in accordance vii
the terms of said Trust Deed.
Dated at Rock Island, H., this 10Th day of n
= vember, A. D., 1883.
THOMAS J. ROBINSON, Trustee.
SWEENEY 81 WALKER, Attorneys for Trustee.
noY-l9-d4w