The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-11
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
7 of mortgages, on pages $50 TO 553 inclusive,
did convey unto the undersigned, Thomas j. Rob-
inson, as Trustee, the following described premi-
SEES 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, 90, north of range two, e. 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 the south side of the race canal ex-
tending along the north side of said island distant
thirty (30j 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 (1l51 feet TO an iron bolt driven in the
ground 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,
1.-THE centre line of which street is a 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
Q60) feetto another iron bolt driven in the ground
thence northerly at right-angles with said last
mentioned line twenty 600 feet; thence north
eastery at an angle of as with said last men
toned line turning said angle off to the right
ninety 1907 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 OF
race below said dam TO pointdrectly 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 10 time abutting on the same;
also fifteen hundred (1500) 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 rs ,000 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 i've
| hundred 600 dollars each, and one hundred 900
| of said bonds being for one hundred 900 dollar
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 dat,
of said bonds, with interest thereon at the rate O.
ten per cent per annum, payable annually from tn,
| date thereof and for which coupons are attached
| TO said bonds;
And Whereas, 1t was provided in and by sait
| 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-thrd il
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 ap
| purtenanCes aforesaid, TO satisfy the same an(
| that due notice of said sale should be given by
said Trustee, at least sixty (60l days before thi
| 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 [6) successive days, and tn
first of such notices to be at least sixty (60) 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 to be due
including principal and interest, the sum of thirty
three thousand, three hundred and fifty dollar
and fftyfour cents, 1888, $50 50, and the holder
of more than oncthird in value of all of said bond
have req uestt the undersigned, Trustee, aforC
said, to advertise and sell the said lands, tent
mcnts, water power and appurtenances to satisf
the same.
Now Therefore, I, Thomas j. Robinson, Tru.
tee, as 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 to me
aforesaid. and for the purposes therein mentione,
| will. on Tuesday the 22d day of January, A. ID
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 will bring f.
cash, all and singular the property conveyed to n
in trust as above particularly mentioned and d
scribed, or such part or portion thereof may
necessary to pay and discharge said bonds al
coupons, and to fully carry ont and execute sa
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 will make conveyance
the purchaser or purchasers in accordance wi
the terms of said Trust Deed.
Dated at Rock Island, H., this 10Th dag Of \
vember, A. D., 1888.
| THOMAS j. ROBINSON, Trustee.
SWEENEY " WALKER, Attorneys for Trustee.
| nOy-l9-d4w