The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-17
Trustees Sale.

WuEREAs The Milan Paper Company corpo-
ration organized and existing under and by virtue
of the laws of the state of Illinois, and doing bust
SIS in Rock Island county, in said state, by its
certain trust deed bearing date the second day of
April \. D.. 1877, duly executed, acknowledged
and delivered, and afterwards recorded in the Re
corders Office in said Rock Island county, in Book
Y Of mortgages. on pages $50 to $50 inclusive,
did convey unto the undersigned, Thomas j. Rob
inson. as Trustee, the following described prem-
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, 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 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 3d. feet westerly from the northwest cor
ner of the paper mill, as the same was located on
the first day of January, I'D, 1915, on said isl
and; running thence southerly one hundred and
fifteen tll5) feet to an iron bolt driven in the
ground IN the centre line Of street forty (40) feet
i'll 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
aforesaidl; running thence easterly along said
centre line of said street one hundred and sixty
G60) feetto anotherirOn bolt drivenin the ground;
thence northerly at rigkt-angles with said last
mentioned line twenty (20) feet; thence north
easlerly at an angle Of Is ; with said last men
toned line turning said angle off to the right
ninety 900 feet more or less, 10 the edge of the
mill pond above the dams across Rock River:
thence nOrth-westeTy TO the south end of the dam
between said Lower Wells Island" and Wand
ruff Island y; thence westwaPdly 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
pont of beginning; 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 abutting on the same;
also, fifteen hundred $500 inches of water to be
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 (25,000) dollars in bonds
issued by said paper company, payable to the
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 sum of five
hundred 900 dollars each, and one hundred 600
of said bonds being for one hundred 900 dollars
each, all payable at the option of said Paper Com
pauy 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 con-
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 dHe
and unpaid, should advertise and sell said descrb
ed lands, tenements and water power, with the ap
purtenanccs 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
d,y 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 at least six G) successive days, and the
first OF such notices Obe 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 tfty-fonr cents (S33,35o 54), and the holders
oi more than Onethifd in value OF all Of said bonds
h.-ve rec nest the undersigned, Trustee, afore-
said TO advertise and sell the said lands, tene-
| ments, water power and appurtenances to satisfy
/ the same.
| Now Therefore. !, Thomas j. Robinson. Trus-
tee, as aforesaid. hereby give notice, that in pur-
! 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 Deed, executed TO me as
aforesaid. and for the purposes therein mentioned,
| | will. on Tuesday the 22d day of January, A. d..
1884, at the hOHr of 10 O'Clock in the forenoon OF
! that day, on the said described premises, sell al
public auction, to the highest and best bidder fol
the highest and best price the same viii bring fo
cash all and singular the property conveyed to mt
| in trust as above particularly mentioned and de
| scribed, or such part or portion thereof may BIZ
| necessary TO pay and discharge said bonds anG
| coupons and 10 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 sale
| Trust Deed, aud that viii make conveyance Il
! the purchaser purchasers in accordance witt
the terms of said Trust Deed.
Dated at Rock Island, H., this 10Th day of No
| vember, A. D., 1888
THOMAS j. ROBINSON, Trustee.
SWEENEY q WALKER, Attorneys for Trustee.
| nOy-l9-d4W