The Rock Island Argus., 1883-11-23
Trustees Sale.

WHEREAS, The Milan Paper Company, a corpo
ration organized and existing under and by virtue
of the laws of the state of Illinois and doing bust
neis 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
eorder's Office in said Rock Island county, in Book
Y of mortgages, on pages $50 to 553 inclusive,
did convey unto the undersigned, Thomas j. Rob-
inson as Trustee, the following described premi-i
ses, 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 90, north of range two, t2), west
of the fourth principal meridian, in the county of
Rock Island and 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 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 115) 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 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 saidEtreet one hundred and sixty
(601 feetto another iron bolt driven in the ground
| thence northery at right-angles with said last
mentioned line twenty (20) feet; thence north
eAsterly at an angle of 45o with said last men
toned line (turning said angle off to the right
ninety 800 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 lsland' and Wand
Tuff'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 to point directly 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 to time abutting the same !;
also fifteen hundred (1500) inches of water to be
measured at the verge of the wheel and to be ta-
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 z. Aart.
| 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 (30) of said bonds being for the sum Of fve
hundred $500 dollars each, and one hundred 900
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
/ pons remained unpaid, said Trustee upon the re-
quest, in writing, of the holders of onethird in
value of said bonds which should then remain due
and unpaid should advertise and sell said deserib-
ed lands tenements and water power, with the up
purtenances aforesaid, to satisfy the same and
| that due notice of said sale should be given by
said Trustee, at least sixty 900 days before the
day of sale, by publication thereof in some daily
SaA
Rock island in said county, snch notice TO be in
serted for at least six 6) successive days. and the
first of such notices to be at least sixty (e0) 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 fifty -four cents (S33 $50 54), and the holders
Of more than third in value of all Of said bonds
| have req uestt the undersigned, Trustee, afore
| said, to advertise and sell the said lands, tene
ments, water power and appurtenances to satisfy
| the same.
| Now, Therefore l. Thomas J. Robinson Trus
tee, aforesaid. hereby give notice, that in pur
| suance of sueh request and under the power anC
| authority to me given and granted and in me vest
| ed in and by said Trust Deed, executed TO me al
aforesaid. and for the purposes therein mentioned
l will, on Tuesday the 22d day OF January, A. D..
1884 at the hour of 10 O'Clock in the forenoon OF
that day, on the said described premises, sell a
public auction, to the highest and best bidder fo
| the highest and best price the same will bring fo
cash, all and singular the property conveyed to
in trust as above particularly mentioned and de
seribed, or such part or portion thereof as may b,
necessary to pay and discharge said bonds anC
| coupons and to fully carry out and execute sale
| trust as is provided in said Trust Deed, and ali
| right and equity of redemption of the said The
Milan Paper Company therein, at the date of sale
| Trust Deed, and that viii make conveyance t.
| the purchaser purchasers in accordance witt
| the terms of said Trust Deed.
Dated at Rock Island, H., this 10th day of No
| yember, A. D., 1888.
THOMAS j. ROBINSON, Trustee
! SWEENEY & WALKER Attorneys for Trustee
| noy-Iq-d4w