The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-04
Trustees Sale.

WHEREAS. The Milan Paper Company, corpos
ration organized and existing under and by virtue
of the laws of the state of Illinois and doing 0us-
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
eorder's Office in said Rock Island county, IN BOOK
Y Of mortgages, on pages $50 to 553 inclusive
did convey unto the undersigned, phOmas j. Rob
inson, as Trustee, the following described premi-
SEES situate lying and being in the county OF Rock
Island, and state of Illinois, te-wit: That certain
tract or parcel of land situated on Lower Wells
Island'' iii section twenty-three, (23), in town
ship seventeen 90 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 eN
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 (1I5) feet to an iron bolt driven in the
ground IN the centre line OF street forty (4O) 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 said street one hundred and sixty
160 feetto anotheriron bolt driven in the ground;
thence nOrtherly at right angles with SAID last
mentioned line twenty (2D) feet; thence north
eastery 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:
thence north westerly to the south end of the dam
between said Lower Wells Island and " and
rufTs 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
below said dam to point directly north oil the
point of beginning; thence south to the place oil
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 abuttlng on the same ;
also fifteen hundred $1,000 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 1880 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,OO0) 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 five
hundred $500 dollars EACH and one hundred llOOj
/ 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 ana by said
trust deed that at any time after five years from
the date of said bonds if any of said bonds or con
pOns remained unpaid, said Trustee, upon the re
i quest. in writing, of the holders OF Onethrd IN
yalne 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, and
| that due notice OF said sale should be given by
said Trustee at least sixty (6O) days before the
/ Il Y of sale Inv nublipqfipu thereof in daily
| newspaper printed and published in the city OF
Rock Island in said county, such notice TO be IN
serted for at least six co. successive days, and the
first of such notices to be at least sixty (bu) 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 fty-four cents, (S33, $50 3d. and the holders
of more than one;hird in value of all of said bonds
have req uest,d The undersigned Trustee, afore
| said to advertise and sell the said lands, tene
| ments. water power and appurtenaHces to satisfy
Now, Therefore. ]. 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 Decd, 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 o
that day on the said described premises, sell a
public auction, TO the highest and best bidder 70
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
| necessary to pay and discharge said bonds am
| 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 sal
| Trust Deed. and that viii make conveyance t
| the purchaser or purchasers in accordance wit
| the terms 6fzsaid Trust Deed.
| Dated at Rock Island. H., this 10Th day of NJ
| vember, A D., 1888
| THOMAS j. ROBINSON. Trustee.
| SWEENEY z MAKER, ATTORNEYS for rrustse
- 1-A's-eEs 1Gs-a-@-S=a@se - ="
| nov l9diw