The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-21
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
hess 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
corders office in said Rock Island county, in Book
Y Of mortgages on pages $50 20 $50 inclusive,
did convey unto the undersigned, Thomas j. Rob
inson, as Trustee, the following described premi-
ses situat-, lying and being in the county 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, %, 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-wt: Commencing at a point
in the top line of the north face of the wall now
standing on the south side of The race or 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 ll5) feet TO an iron bolt driven in the
ground III the centre line Of street forty (40) feet
i'll 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
(lG0) feetto anotheriro bolt dryenin the ground
thence nOrtherly at right-angles with said last
mentioned line twenty t2Ot feet; thence north
easterly at an angle of 10 : with said last men
toned line turning said angle off to the right
ninety 1907 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 Islsnd'' and Wand
ruff Island thence westwardiy along the sout
end of said dam and the south edge of the river
north of the north bank or wall OF said canal OF
race below said dam to point directly n0rth of the
point of beginning; thence south 10 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 abuttlng on the same;
also, fifteen hundred $500 inches of water TO re
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 $500 in
chcs being The same as that mentioned in deed
from Holmes Hakes to ROswellP p. Dart.
IL TRUST Nevertheless, To secure the payment
of twenty-five thousand rs 600 dollars in bonds
issued by said paper company, payable to the uR
dersigned, Thomas j. Robinson, the party of the
second part in said trust deed named, or bearer
thirty 500 of said bonds being for the sum of FIVE
hundred (5O0l dollars each, and one hundred 600
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 i've 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, It was provided in and by sale
trust deed that at any time after five years from
the date of said bonds if any of said bonds or
mons remained unDaid said Trus'ee uDon the re
quest, in writing, of the holders of one-thiTd il
value of said bonds which should then remain dut
ana unpaid, should advertise and sell said desCrib
purtennnces aforesaid TO satisfy the same AMI
mat due notice of said sale sbo1ld be giyen by
said Trustee af least sixty fGOl DAYS before tbI
d.y of sale, by publication thereof in some dali
newsDaDer printed and published in the CITY o
Rock island ii said county, snch notice to be in
serted for AT least six (6) successive DAYS and III,
first of such notices to be at least sixty 800 Gay
before the dav of such sale;
And Whereas Default has been made in tn,