The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-22
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 BUSH
n IS in Rock Island connc in said state, by its
certain trust deed bearing dste 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 situat- 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, 40, north of range two, ~ west
of the fourth principal meridian, i'll the county of
Rock Island and state of Illinois, bounded and de-
scrbed as follows, tO-wit: Commencing ut 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 (33j feet westerly from the northwest cor
ner of the paper mill, as the same was located on
the first day of January, A D., 1873, on said isl
and; running thence seutherly one hundred and
fifteen 1l5J 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 drYenin the ground
thence northerly at right angles with said last
mentioned line twenty (2ul feet; thence north
eastery AT an angle of 40 with said last men
toned line turning said angle off to the right
ninety 900 feet, or less, 10 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 lglsnd'' and Wand
rufus Island; thence westwardly along the sonth
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 begnnlDgi thence soEth 10 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-
prictors from time 10 time abutting On the same
also, fifteen hundred (l5U0) Inches OF water 10 re
measured at the verge of the wheel and 10 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 ?. Dart.
IN TRUST, Nevertheless, 70 secure the payment
Of twenty-five thousand (25,00O) 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 800 Of said bonds being for the sum of five
hundred 900 dollars each, and one hundred 600
OF said bonds being for one hundred QOO) dollars
each, all payable at the option of said Paper Com
pany at 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 o.
| ten per cent per annum, payable annually from the
/ date thereof and for which coupons are attached
1 10 said bonds;
| AND Whereas, It 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 con
! pons remained unpaid said Trustee, upon the re
| quest, in writing, of the holders Of one-thrd il
| value Of said bonds which should then remain du,
and unpaid, should advertise and sell said describ
ed lands, tenements and water power, with the APP
| pnrtenances aforesaid, to satisfy the same ant
| that due notice of said sale should be given b,
mi flrT4E OF tgTyf daN hatA
| 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 20 successive days, and h
first of such notices to be at least sixty (6O) 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 10 be due
including principal and interest the sum OF thirty
three thousand, three hundred and fifty dollar
and ffty-four cents, (S33,350 54), and the holder
of more than 0ne-thrd in value OF all of said bond
| have REG nest d the undersigned, Trustee, afort
said. TO advertise and sell the said lands, tent
ments. water power and appurtenances 10 satisf
the same.
Now, Therefore, l, Thomas j. Robinson, Trut
tee, aforesaid, hereby give notice, that in pu
| 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
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
that day on the said described premises, sell
public auction, to the highest and best bidder, fl
the highest and best price the same viii bring fl
cash, all and singular the property conveyed to Ii
in trnst above particularly mentioned and d
scTibed, or such part or portion thereof as may
necessary to pay and discharge said bonds an
coupons, and 10 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 sal
Trust Deed, and that Will make conveyance