The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-12
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 county in said state by its
certain trust deed bearing date the second day of
April. A. D., 1871, 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 convey unto the undersigned, Thomas j. Rob
inson, as Trustee the following described premi-
SEES, situate, lying and being in the cOHntyof 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, 10, north of range two ~, 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 southery one hundred and
fifteen (1151 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 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
6D) feetto another iron bolt driven in the ground;
thence northerly at right-angl with said last
neHIlOHeu line twenty tSUl 1eeI, thence north
easterly at an angle of IS with said last men
toned line turning said angle off to the right
ninety 1907 feet, more or less 10 the edge of .he
mill pond above the dams across Rock River:
thence north westerly to the south end of the dam
between said Lower Wells island and Wand
ruff Island; thence westWardY along the south
end of said dam and the sonth 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 n private road over the same for the pro
prietOrs from time to time abuttng on the same ;
also, fifteen hundred $500 inches of water TO he
measured at the verge of the wheel and TO be ia
ken from said race or canal upon the above de-
scrbed 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 $4,000 dollars in bonds
issued by said paper company, payable to the uH-
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 900 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 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 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 dDp
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 (60) days before the
IsV q sale hE Oublicat ion thereof in daily
newspaper printed and published in the city of
Rock Island i'll said county, suCh notice to be in
serted for at least six 60 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 ffty.fOur cents 1873, $50 81, and the holders
of than Onethird in value ofall of said bonds
have request the undersigned, Trustee, afOre-
said TO advertise and sell the said lands, tene-
| ments, water power and appurenances 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 and by said Trust Deed, executed to me as
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, fo
| the highest and best price the same will bring TO
cash, all and singular the property conveyed TO mt
| in trust Us above particularly mentioned and de
scribed, or such part or portion thereof as may b,
| necessary to pay and discharge said bonds ant
! coupons and TO fully carry out and execute sale
| trust as is provided in said Trust Deed, and al
| right and equity of redemption of the said Thu
| Milan Paper Company therein, at the date of sait
| Trust Deed, and that will make conveyance Il
| the purchaser or purchasers in accordance witt
| the terms of said Trust Deed.
Dated at Rock Island, H., this 10Th dag of No
| vembcr, A, D., 1888.
| THOMAS j. ROBINSON, Trustee.
| SWEENEY & WALKER Attorneys for Trustee.
| nov l9-diW