The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-13
Trustees Sale.

WHEREAS, The Milan Paper Company, eorpo-
ration organized aud 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 ip the Re
corder's Office in said Rock Island county, in Book
of mortgages, on pages soto 553 inclusive,
did convey unto the undersigned, Thomas j. Rob
nson, as Trustee, the following described premi
ses, 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, 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 the south side of the race or canal ex
tending along the north side of said island distant
thirty 800 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 (Il5) feet 10 an iron bolt driven in the
ground IN the centre line OF street forty t40 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 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 drivenin the ground
thence northery at right-angles with said last
mentioned line twenty 800 feet; thence north
easterly at an angle of As 9 with said last mem
toned line turning said angle off TO the right
ninety 900 feet, more or less TO the edge of the
mill pond above the dams across Rock River:
thence northwesterly to the south end of the dam
between said "Lower Wells lsland'' and wand
rutf's 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 toa point directly north OF the
point 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 pnr-
pose OF private road over the same for the pro
| prietors from time to time admitting 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 (s5,0O0) dollars in bonds
| issued by said paper company, payable to the I'M
| dersigned, Thomas j. Robinson, the party of the
| second part in said trust deed named, or bearer
thirty 500 of said bonds being for the sum of five
hundred (5OOl 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
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 at 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 cOu
| pons remained unpaid, said Trustee, upon the re
| quest, in writing of the holders of one-third in
valne of said bonds which should then remain due
and unpaid, should advertise and sell said descrb
| ed lands tenements ana water power, with the ap
purtenanCes aforesaid, to satisfy the same, and
| that due notice of said sale should be given by
said Trustee, at least sixty 800 days before the
| a n sale Inv in IL
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 TO be at least sixty COY days
| before the day of snch sale;
| And Whereas, Default has been made in the
! 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 tifty-four cents, ($33,350 So and the holder
of more than onethird in value of all of said bond
| have req uesttd the undersigned, Trustee, afore
said, TO advertise and sell the said lands, tene
| ments, water power and appurtenances to satisf!
the same.
Now, Therefore, J. Thomas J. Robinson, Trus
tee, as aforesaid hereby give notice, that in puT
suance of such request and under the power AM
| authority to me given and granted and in me vest
ed in and by said Trust Deed, executed to me a
aforesaid and for the purposes therein mentioned
! will, on Tuesday the 22d day of January, A. ID
| 1884, at the hour of 10 O'Clock in the forenoon Q
that day, on the said described premises. sell
public auction, to the highest and best bidder, fO
the highest and best price the same will bring fC
cash, all and singular the property conveyed to m
in trust as above particularly mentioned and d,
scribed, or such part or portion thereof as may b
necessary to pay and discharge said bonds an
coupons, and TO fully carry out and execute sal
trust as is provided in said Trust Deed, and al
right and equity of redemption of the said Tn
Milan Paper Company therein, at the date of sal
Trust Deed, and that will make conveyance t
the purchaser purchasers in accordance wit
the terms of said Trust Deed.
Dated at Rock Island, H., this 18th day of n,
yember, A. D., 1888.
THOMAS j. ROBINSON, Trustee.
| SWEENEY II WALKER Attorneys for Trustee.
| nov I9-dIw