The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-03
Trustees Sale.

WHEREAS, The Milan Paper Company, a eorpo-
ration organized and existing under and by virtue
Of the laws Of the state Of Illinois, and doing bus
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 III the Re
corder's Office in said Rock Island county, in Book
OF mortgages, on pages $50 to 553 inclusive,
did convey unto the undersigned, Thomas j. Rob
inson as Trustee, the following described premi-
SEES situate lying and being IN the county of Rock
Island, and state of Illinois, towit: That certain
tract or parcel of land situated on Lower Wells
lslandp, in section twenty three, (e3), in town.
ship seventeen, az, north Of range two, (2), west
Of the fourth principal meridian, in the county of
Rock Island and state of Illinois, bounded and de-
Ecribed 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 or canal ex
tending along the north side OF said island distant
thirty (30) 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 Q15) feet to an iron bolt driven in the
ground 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
C1G0) feetto anotheriron bolt drivenfn theground;
thence northerly at right-angles with said last
mentioned line twenty (2O) feet; thence north
easterly at an angle of AS with said last men
toned line turning said angle off to the right
ninety (90) 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 island and Wand
tufts 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 unobstrHcted 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 water TO be
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
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 (25,000 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 (100)
Of said bonds being for one hundred 600 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 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 APP
purtenances aforesaid, to satisfy the same, and
that due notice of said sale should be given by
said Trustee at least sixty 900 days before the
dsy 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 10 successive days. and the
first of such notices TO be at least sixty (6O 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 fftyfOur cents, (S33, $50 54), and the holders
of than oDe-third in value of all of said bonds
| have req nest, the undersigned, Trustee, afore
said, to advertise and sell the said lands, teRe
ments, water power and appurtenaHces to satisfs
| the same.
Now, Therefore ], Thomas ]. Robinson, Trus
tee, aforesaid, hereby give notice, that in pur
| suance of such request and under the power anC
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 22d day of January, A. d.
1884, at the hour of 10 O'Clock in the forenoon
| that day on the said described premises, sell d
public auction to the highest and best bidder, TO
the highest and best price the same will bring 70
cash, ali and singular the property conveyed TO MI
| in trust as above particularly mentioned and de
scribed, or such part or portion thereof may b
necessary to pay and discharge said bonds AM
| coupons, and TO fully carry out and execute SAT-
| trust as is provided in said Trust Deed and al
| right and equity Of redemption of the said Tn
Milan Paper Company therein, st the date of sal
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 18Th day of Nc
yember, A. D., 1888
THOMAS j. ROBINSON, Trustee.
SWEENEY. T. WALKER, Attorneys for Trustee.
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