The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-11-27
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 comfy, 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
corder's Office IN said Rock Island county, in Book
of mortgages, on pages $50 to 500 inclusive,
did convey unto the undersigned, Thomas j. Rob
lnson, as Trustee, the following described premi-
SEES, situate, lying and being in the countyof Rock
Island, and state of Illinois, towit: That eertain
tract or parcel of land situated on Lower Wells
IslandN, in section twenty three, (23), in town
ship seventeen. 90, north of range two, (2l, 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 on the south side of lhe race or canal ex
tending along the north side of said island distant
thirty 1907 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 1I5) 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 eastery 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
$500 feetto another iron bolt driven in the ground
thence northerly at rightangles with said last
mentioned line twenty (20) feet; thence north
easterly at an angle of As 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:
tn ence northwesterly to the south end of the dam
between said ssLower Wells lsland'' and Wand
run s Island thence westwardy 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
ra e 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 abuttng on the same !;
also, fifteen hundred 15C0y inches of water to Re
measured at the verge of the wheel and to be tar
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 (25, 000) 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 800 Of said bonds being for the sum Of i've
hundred $500 dollars each, and one hundred Q00l
of said bonds being for one hundred 600 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 II any of said bonds eou-
pons remained unpaid, said Trustee, upon the re-
quest, in writing, of the holders of one-thrd in
value of said bonds which should then remain due
and unpaid, should advertise and sell said describ-
ed lands, tepements and 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 (60) days before the
day of sale, by publication thereof in some daily
| newspaper printed and published in the city OF
Rock Island in said county, such notice to be in
serted for at least six @ successive days, and the
first of such notices to be at least sixty (G0) 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, 1888 $50 50, and the holders
of more than one-third in value OF all Of said bonds
| have req uestl 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 as aforesaid. hereby give notice, that in pur
| suance of such request and under the power ant
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
that day, on the said described premises, sell a
public auction, to the highest and best bidder, TO
the highest and best price the same will bring TO
cash, all and singular the property conveyed TO M
| in trust as above particularly mentioned and de
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 SAT
| 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 sat
| Trust Deed, land that will make conveyance t
| the purchaser or purchasers in accordance wit
| the terms of said Trust Deed.
Dated at Rock Island, H., this 10Th day of Nc
| vember, A. D., 1888.
THOMAS J. ROBINSON. Trustee.
SWEENEY & WALKER, Attorneys for Trustee
| nov-l9-d4w