The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-03-06
TRUSTEES SALE.

Whereas. the Rock Island Paper Company, a
corporation organized and Existing under and by
ing business in the county of Rock Island and
state of Illinois, by it. certain Trust Deed, bear
ing date the Third day of July, A. D., 1875 duly
executed, Acknowledged and delivered and record
ed in the recorders office of Rock Island county,
IN the state of Illinois, in book % of mortgages on
pages Al to 46 inclusive. did convey unto the
dersigned, Charles l., Walker. MS trustee. all the
following described premises situate. lying and be-
ing in the county of Rock Island and state of Hi
nOis, town.
All that portion or part of Lower W HIS Island as
lies west of the center of the public highway
ming north and south through laid island, being in
section twenty three, (23, in township seventeen,
40, north. in range two, (2) west of the fourth
principal meridian
Together with two thousand G. 0O0) inches of wat
er, actual measurement under existing head or as
it existed on the fourth day of December, A. D..
1876, under the system of dams creating the Water
Power at that point; no account being made for
CT with any and all other water rights. rights of
way, or other easements belonging appertain-
ing thereto, and including all the machinery and
fixtures now in the mill on said premises. and that
nay be placed therein during the existence of the
indebtedness in said Trust Deed mention
ed and hereinafter set forth, subject however, to
certain Trust Deed upon the said property, made,
executed and delivered by the said party the first
part to Thomas j. Robinson, bearing date Decem-
Der Goth, 1877, to secure, the payment of certain
Indebtedness then created and thereafter to be
created, which Indebtedness now amounts to about
Thirteen Thousand (13,000) Dollars, and which
Trust Deed IS recorded in the recorders office of
said Rock Island County in Book of Mortgages
on pages 39s 10 403 inclusive.
In trust nevertheless to secure the payment
of Five Thousand f5,00O) Dollars in bonds issued
by said party of the first part payable to the under
signed Charles L. Walker the party of the second
part in said Trust Deed famed or bearer, each for
the sum of One Thousand Il 000) Dollars, and pay
able before five 80 years after the date thereof
with interest thereon at the rate of ten per cent
per annum payable every four a. months, viz:
November 1st March 1st, and July 1st, in each and
every year, aud for which, coupons are attached to
said Bonds.
And whereas it was provided in and by said
Trust Deed that in case any of said coupons were
not paid within three 80 months after the same be-
came due and paye ole aforesaid said Trustee
should have the right upon the request in writing
of the holders of thfee-ffths in value of said
bonds and coupons TO declare all Of said bonds
and coupons due and proceed to sell said de-
scribed premises and the appurtenances together
with said machinery such part thereof as might
be necessary TO pay the whole of said ponds and
coupons in the manner provided and in accordance
with the terms of said Trust Deed.
And whereas default has been made for
than three months in the payment of the interest
coupons dne on all of said bonds secured by said
Trust Deed TO the undersigned as Trustee, and the
legal holders OF all the said bonds and coupons
secured by said Trust Deed have requested the
undersigned Trustee, in writing TO declare all of
the said bonds and coupons thereon and thereto
belongingdue, and TO proceed as such Trustee, and
tenances and the machinery contained therein and
conveyed by said Trust Deed in accordance with
in mentioned
And whereas the undersigned on the second
day of March A. D., 1888. notified the said Rock
Island Paper Company, in writing, that by virtue
of the power and authority to him given and gran
ted in and by said Trust Deed, he declared all of
said Bonds and Coupons at once due and payable,
amounting to about Five Thousand Six Hundred
and seventy (5,67e) Dollars, which Bonds and
Coupons still remain unpaid:
Now, Therefore, l. Charles L. Walker, trustee,
aforesaid, hereby give notice that in pursuance
of such request and under the power and author
ity to me given and granted and in me vested, in
and by said Trust Deed, executed to me afore-
said and for the purposes mentioned therein. /
will, on Tuesday the Fifteenth day of May, A D.,
1888, at the hour of Ten O'Clock in the forenoon of
that day the said described premises sell at pub
lie auction to the highest and best bidder for
the highest and best price the win bring for
cash, all and singular the property conveyed to me
in trust above particularly mentioned ana de-
scrbed, such part portion thereof as may be |
necessary TO fully pay and discharge said Bonds /
and Coupons and 10 fully carry ont and execute |
said Trust is in said Trust Deed executed to me /
provided, and all the right and equity of redemp-
ton of the said Rock Island Paper Company there
which it had therein at the date of said Trust
Deed, subject however, TO said Trust Deed to said
Thomas J Robinson. and that will make n
veyance to the purchaser purchasers in
dance with the terms of said Trust Deed.
Dated at Rock Island Illinois, this Fifth day of l
March, A D., 1888.
CHARLES L. WALKER,
Trustee
SWEENEY, JACKSON & WALKER, Attorneys.
mch-6-d2W