The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-11-26
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
insoh, as Trustee, the following described premi-
SEES situate, lying and being in the eountyof Rock
Island and state of Illinois, to-wit: That certain
tract or parcel of land situated on Lower Wells
island" in section twenty-three, (23D, in town
ship seventeen, 10, 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 the or 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 Cl5) 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
16Ol feetto another iron bolt driven in the ground
thence northerly at rght-angles with said last
mentioned line twenty (20l feet; thence north
easterly at an angle of 45 . with said last men
toned line turning said angle off to the right
ninety 800 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
rufus Island 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 or
race below said dam TO point directly north of the
point OF beginnings thence south TO the place Of
beginning,
Provided, nevertheless; That that par. 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 abuttng on the same !;
also, fifteen hundred 1500l 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 (150OI 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 (25000) dollars in bonds
issued by said paper company, payable to the I'M
dersgned, Thomas j. Robinson, the party of the
second part in said trust deed named or bearer
thirty 900 of said bonds being for the of I've
hundred $500 dollars each, and one hundred 900
of said bonds being for one hundred 600 dollars
each, all payable at the option of said Paner 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 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, 1t 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 or con
pons remained unpaid, said Trustee, upon the re-
quest, in writing, of the holders of one-thrd in
value of said 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 and
that due notice of said sale should be given by
said Trustee, at least sixty (G0) days before the
a IL, Ia;I,
newspaper printed and published in the city Of
Rock island in said county, such notice TO be in
serted for at least six 6) successive days. and the
first OF such notices to be at least sixty (60) 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 fty-four cents fS33, $50 81, and the holders
of more than onethird in value OF all of said bonds
have req uest' the undersigned, Trustee, afore
said, to advertise and sell the said lands, tene
ments, watt power and appurtenances TO satisfy
the same.
Now, Therefore J. Thomas j. Robinson, TINS
tee. aforesaid, hereby give notice, that in pnr
suance of such request and under the power and
authority TO me given and granted and in me vest
ed in and by said Trust Decd, executed to me as
aforesaid. and for the purposes therein mentioned
! viii, on Tuesday the 2sd day of January, A. D.
1884, at the hour of 70 O'Clock in the forenoon OF
that day. on the said described premises, sell Al
public auction to the highest and best bidder for
the highest and best price the viii bring for
cash. all and singular the property conveyed 10 me
in trust as above particularly mentioned and de
scrbed, or such part or pottioIfthereof as may be
necessary to pay and discharge said bonds and
coupons and to fully carry out and execute said
trust as is provided in said Trust Deed, and all
right and equity of redemption of the said The
Milan Paper Company therein at the date of said
Trnst Deed, and that will make conveyance to
the purchaser or purchasers in accordance with
the terms of said Trust Deed.
Dated at Rock Island, ILL.,, this 10Th day of No
yember, A. D., 1883.
THOMAS j. ROBINSON, Trustee.
SWEENEY & WALKER, Attorneys for Trustee.
HOv-lg-d4w