The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-24
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 dste the second day OF
April. A. D., 1871, duly executed, acknowledged
and delivered, and afterwards recorded in the he
curders Office in said Rock Island county, III Book
of mortgages, on pages 300 to 55S inclusive.
did convey unto the undersigned, Thomas j. Rob
insol, as Trustee, the following described prem-
ses. situat =, lying and being in the coantyOf Rock
Island, and state of Illinois, to-wit That certain
tract or parcel of land situated on Lower Wells
Island in section twenfy-three, {2) in town
snip seventeen, 40. norta of'rsnge two, t2} west
of The fourth principal meridian, IN the county Of
Rock Island aud state OF Illinois, bounded and de-
scribed as follows, towit: 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 t30) feet westerly from the northwest cor
of the paper mill, as the same was located on
the first day of January A. D., 1915, on said isl
and running thence southerly one hundred and
fifteen ul5) feet to an iron bolt driven in the
ground IN the centre line of street forty (40l feet
IN width and extending from the main highway
across said island in an easterly direction to lis
head at the iron bolt next hereinafter described,
1.-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
f60l 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 angle Of 459 with said last men
toned line turning slid angle OF to the right
ninety 1901 feet, more 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 lslandn and Wand
ruff Island; thence westward!y along the south
end of said dam and the south edge of the river
north of the north bank or wall OF said canal Oh
race below said dam to point directly north Of the
point of beginning; thence south 10 the place OF
beginning,
premises situate in the street aforesaid shall for
ever remain open and unrestricted 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 he
measured at the verge of the wheel and to be ia
ken from said race or canal upon the above de
scrbed premises, said fifteen hundred $500 in
ches being the same as that mentioned in deco
from Holmes Hakes to Roswell p. Dart
In TRUST, Nevertheless, To secure the payment
of twenty-five thousand (25,000) dollars in bondi
issued by said paper company, payable to the un
dersigned Thomas J. Robinson, the party of thu
second part in said trust deed named, or bearer
thirty 600 of said bonds being for the sum of iv,
hundred 600 dollars each, and one hundred (l0O
Of said bonds being for one hundred 600 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
ten per cent per annpm, payable annually from tn
1 date thereof and for which coupons are attache,
| to said bonds;
Ant Whereas, 1t was provided in and by sal
trust deed that at any time after five years iron
| the date of said bonds if any of said bonds cou
| pons remained unpaid, said Trustee, upon the re
quest, in writing, OF the holders OF One-third j
value of said bonds which should then remain du
and unpaid, should advertise and sell said DESERT
| ed lands, tenemcnts and water power, with the az
purtenances aforesaid to satisfy the same, an
| that due notice of said sale should be given b
I 1,.r IrF p,
day of sale, by publication thereof in some dali
| newspaper printed and published in the city &
| Rock Island in said county, such notice to be il
serted for at least six (6) successive Gays and tn
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 Tru;
| Deed, upon which there is now claimed to be due
including principal and interest," the sum Of thirt!
| three thousand, three hundred and fifty dollar
and ifty-fOur cents. 1888 $50 81, and the holder
of more than one-;hird in value of all of said bond
| have REQ nest d The undersigned, Trustee, atori
| said to advertise and sell the said lands, tent
| ments. water power and appurtenances TO satist
the same.
Now, Therefore, /, 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 observation-disclosures
| | will, on Tuesday the 22d day of January, a. d
1884, at the hour OF 10 CLOCK IN the forenoon
| 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 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 as may
necessary to pay and discharge said bonds al
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 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 day Of n
vember, A D.. 1888.
| THOMAS j. ROBINSON. Trustee.
SWEENEY II WALKER, Attorneys for Trustee.
noy-l9-iIw