The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-11-19
Trustees Sale.

WHEREAS, The Milan Paper Company, corpo-
ration organized and existing under and by virtue
ref the laws of the state of Illinois. and doing bust
mess in Rock Island county, in said state by its
certain trust deed bearing date the second day of
Aprih A. D., 1877, duly executed, acknowledged
and delivered, and afterwards recorded in the Re
corders Office in said Rock Island county, in Book
Of mortgages, on pages $50 TO $50 inclusive,
did conveyepnto the undersigned, Thomas j. Rob-
inson, as Trustee, the following described premi-
SEES, situate living and being in the county of Rock
Island and stana Of Illinois, to-wit: That certain
tract or parcel of land situated Lower Wells
island, in section twenty-three (23), in town
ship seventeen, 40, north OF range two ~, west
of the fourth principal meridian in the county of
Rock Island and state of Illinois, bounded and de-
seribed as follows, to-wit Commencing at point
in the top line of the north face of the wall now
standing on the south sideof The race or canal
tending along the north side OF said island distant
thirty (30) feet westerly from the northwest cor
ner of the paper mill, the same was located on
the first day Of January. A. D., 1875 said ISL
and; running thence southerly one hundred and
fifteen 115) feet to an iron bolt driven in the
ground the centre fine Of street forty (40) feet
in width and extending from the main highway
across said island in an easter1y direction 10 its
head at the iron holt 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 erect one hundred and sixty
900 feetto another ion bolt driven in the ground
thence northerly at right-angles with said last
easterly at an angle Of 45's with said last men.
It laanG lie turning said ise of to the right
ninety 1907 feet, more or less, to the ege OF Inc
mill pond above the dams across Rock RlSf1ei
thence north-westerly to the south end of the dam
between said Lower Wells island and Wand
ruff'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 Tor
ever remain open and unobstructed 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 wafer to be
measured at the verge of the wheel and TO be Ia
ken from said race or canal npon the above de-
seribed premises, said fifteen hundred (l500) 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 000l dollars in bonds
issued by said paper company, payable 20 the IN
dersgned, Thomas j. Robinson, the party of the
thirty 600 of said bonds being for the sum of We
hundred $500 dollars each, and one hundred 1o0)
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, II was provided in and by said
trust deed that at any time after FIVE years from
the date of said bonds il any of said bonds or cou-
pons remained unpaid, said Trustee, upon the re-
quest in writing, of the holders of one-third in
value 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 (6e) 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 6) successive days. and the
first of such notices to be at least sixty 60) days
before the day of such sale;
And Whereas, Default has been made in the
payment of the said bonds secured by said Trusi
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 fftyfour cents, 1888 $50 so, and the holders
of more than one third in value of all OF said bonds
have request 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 such request and under the power and
authority to me given and granted and in me vest
| ed in ndby said Trust Deed, executed to me as
aforesaid and for the purposes therein mentioned
l will, on Tuesday the Ped 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 al
public auction to the highest and best bidder fol-
the highest and best price the same viii bring fol
cash, all and singular the property conveyed TO me
| in trust as above particularly mentioned and de
scribed, or such part portion thereof as may be
necessary to pay and discharge said bonds and
coupons, and to fully carry ont and execute said
trust as is provided in said Trust Deed, and all
| right and equity Of redemption of the said The
Milan Paper Company therein, at the date of said
| Trust Deed, and that will make conveyance tC
| the purchaser or purchasers in accordance witt
| the terms of said 1rust Deed
Dated at Rock Island, ILL.,, this 10Th day of No
MEMBER, A. D.. 1888
| THOMAS j. ROBINSON, Trustee
SWEENEY q WALKER, Attorneys for Trustee.
nOy-l9-d4w