The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-11-20
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., 1877, duly executed, acknowledged
and delivered, and afterwards recorded in the Re
eofder's Office in said Rock Island county, in Book
Y of mortgages, on pages $50 to $50 inclusive,
did convey unto the undersigned Thomas j. Rob
inson, as Trustee, the following described premi-
ses, situate, lying and being in the countyof 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, 40, north of range two, e. west
of the fourth principal meridian, in the county Of
Rock Island and state of Illinois, bounded and de-
scFlbed 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 the race canal ex-
tending along the north side of said island distant
thirty (3O) 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 C15) 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
160) feetto another iron bolt driven in the ground
thence northerly at right-angles with said last
mentioned line twenty (aD feet; thence north
easterly at an angle of 45 9 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 slower Wells island and Wand
rufus 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 OF
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 a private road over the same for the pro
prietors from time to time admitting on the same
also, fifteen hundred $500 inches OF to &C
measured at the verge of the wheel and to be Ia
ken from said race or canal upon the above de
sctl0ed premises said fifteen hundred (15OO) in
ehes being the same as that mentioned in deed
from Holmes Hakes to Roswell P. Dart.
INTRUsT, Nevertheless, TO secure the payment
of twenty-five thousand rs, 00al dollars in bonds
issued by said paper company PAYABLE TO the IN
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 OF v,
hundred 5000 dollars each, and one hundred 600
of said bonds being for one hundred l0Ol dollar
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 dat
ten per cent per anHum, payable annually from tht
date thereof, and for which coupons are attached
to said bonds;
And Whereas, 1t was provided in and by sait
trust deed that at any time after five wears 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-thrd il
value OF said bonds which should then remain dni
and unpaid should advertise and sell said describ
| ed lands, tenemeuts and water power, with the ap
purteuances aforesaid, to satisfy the same. AMI
| that due notice of said sale should be given b.
said Trustee, at least sixty (60l days before thu
is FAf Hail,
| newspaper printed and published in the city o
| Rock Island in said county, such notice to he in
serted for at least six (6) successive days. and tn
first of such notices TO be at least sixty 500 day
before the day of such sale;
And Whereas, Default has been made in tn
| payment Of the said bonds secured by said Trus
| Deed, npon which there is now claimed to be due
| including principal and interest the sum of thirty
| three thousand, three hundred and fifty dollar
and fifty -four cents (S33 $50 54), and the holder
of more than Onethird IN value of all Of said bond
| have req nest the undersigned, Trustee, afort
| said, TO advertise and sell the said lands tent
ments, water power and appurteEances 70 satfsf
| the same.
| Now, Therefore, ], Thomas J. Robinson. Tru
| tee, as aforesaid hereby give notice, that in pu
suance of such request and under the power an
| authority TO me given and granted and in me YES
| ed in and by said Trust Deed executed TO me u
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
! that day. on the said described premises, sell
| public auction, to the highest and best bidder, Il
the highest and best price the same win bring fl
| cash, all and singular the property conveyed to m
! in trust as above particularly mentioned and d,
scribed, or such part or portion thereof as may
necessary to pay and discharge said bonds an
| coupons. and Iofully carry ont and execute sal
| trust as is provided in said Trust Deed. and a
| right anu equity of redemption of the said III
Milan Paper Company therein, at the date OF sal
| Trust Deed, and that ! viii make conveyance
| the purchaser or purchasers in accordance wit
| the terms of said Trust Deed.
/ Dated at Rock Island H. this 10Th day of NJ
| Yember, A. D.. 1888
THOMAS j. ROBINSON, Trustee
SWEENEY Il WALKER, Attorneys for Trustee.
| nov l9-d4w