The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-08
Trustees Sale.

WHEREAs. The Milan Paper Company, corpo-
ration organized and existing under and by virtue
Of the laws of the stateDf Illinois AID doing bust
ne SIS in Rock Island connty,.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
corder's office in said Rock Island county, in Book
of mortgages, on pages go TO 553 inclusive,
did convey unto the undersigned, Thomas j. Rob
nson, as Trustee. the following described premi
ses, situat, lying and being IN the county OF Rock
Island, and state of Illinois, to-wt: 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, C2), 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 on the south side of Ihe 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 (115) feet to an iron bolt driven in the
ground IL the centre line of street forty 4O 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
C60) feetto anoheriron bolt driven in the ground ;
thence northerly at right-angles with said last
mentioned line twenty iSbl IeeIs thence north
easterly at an angle of As ; with said last men
toned line turning said angle off to the right
ninety 900 feet, or less 10 the edge OF the
mill pond above the dams across Rock River:
thence north westerly tc the south end of the dam
between said "Lower 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 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 private road over the same for the pro-
prietOrs from time TO time AUDITING 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-
scrfbed premises, said fifteen hundred $500 in
ches being the same as that mentioned in deed
| from Holmes Hakes to Roswell 7, Dart.
In TRUST, Nevertheless To secure the payment
of twenty five Thousand (25 600 dollars in bonds
issued by said paper company, payable TO the I'M
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 900
of said bonds being for one hundred 200 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 the rate OF
ten per cent per an1um payable annually from the
date thereof, and for which coupons are attached
| to said bonds;
Ann 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
pons remained unpaid, said Trustee, upon the re-
quest, In writing, of the holders Of onethird 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-
pnrtenanCes aforesaid to satisfy the same, and
that due notice of said sale should be given by
said Trustee, at least sixty (G0) DAYS before the
d,,V OF sale. bV publication thereof 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 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
aud ffty-four cents 1888 $50 81, and the holders
OF more than one-thrd in value of all Of said bonds
| have req Gest, the undersigned, Trustee, afore
| said, TO advertise and sell the said lands, tenC
ments, water power and appurtenances to satisfy
| the same.
Now, Therefore /, Thomas ]. Robinson TINS
tee, Us aforesaid. hereby give notice, that III pnr
suance of such request and under the power ant
1 authority to me given and granted and in me vest
ed in and by said Trust Deed, executed to me a.
aforesaid and for the purposes therein mentioned
| | will. on Tuesday the ED day of January, A. ID.
1884, at the hour of 10 O'Clock in the forenoon o
| that day, on the said described premises, sch a
| public auction, to the highest and best bidder, TO
the highest and best price the same will bring 10
cash, all and singular the property conveyed 10 IN
| in trust as above particularly mentioned and de
| scrbed, or such part or portion thereof as may b.
| necessary TO pay and discharge said bonds AM
coupons, and 10 fully carry out and execute sail
trust as is provided in said Trust Deed and al
right and equity of redemption of the said Tn
1 Milan Paper Company therein, at the date of sat
Trust Deed, and that will make conveyance t
! the purchaser or purchasers in accordance wit
| the terms of said Trust Deed.
Dated at Rock Island, H., this 10Th dag of No
| vcmber, A. D., 1888
| THOMAS j. ROBINSON, Trustee
| SWEENEY & WALKER, Attorneys for Trustee.
| nov-I9-IIW