The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-12-05
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 busi
ness in Rock Island county, in said state, by its
certain trust deed bearing date the second day of
April. A. D., 1877, Only executed, acknowledged
and delivered, and afterwards recorded in the Re
Corders Office in said Rock Island county, in Book
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 inthe countyof Rock
Island, and state of Illinois, to-wit: That certain
tract or parcel of land situated on Lower Wells
Isiand'' in section twenty-three, (23), in town
ship seventeen, 90, 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 lire of the north face of the wall now
standing on the south side of the race canal
tending along the north side of said island distant
thirty coo 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 southeriy one hundred and
fifteen (1l5) feet TO an iron bolt driven In the
ground III the centre line of street forty (40) feet
in width and extending from the main highway
across said island in an easteriy direction to its
head at the iron bolt next hereinafter described,
1.-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
60) feetto another iron bolt driven in the ground;
thence nOrtherly at right-angles with said last
easterly at an angle of As with said last men
toned line turning said angle of TO the right
ninety 900 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
rutfs 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
pretors from time to time abutting on the same !;
also, fifteen hundred $500 inches of water 10 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 (1500) in
ches being the same as that mentioned in deed
from Holmes Hakes to Roswell Dart.
IN TRUST, Nevertheless, To secure the payment
| of twenty-five thousand (a5,0eD dollars in bonds
issued by said paper company, payable to the un-
dersigned. Thomas j. Robinson, the party Of the
second part in said trust deed named, or bearer,
thirty 900 of said bonds being for the sum of five
hundred $500 dollars each, and one hundred 900
of said bonds being for one hundred 900 dollars
each, an payable al 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 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
pons remained unpaid, said Trustee, upon the re-
quest, in writing, Of the holders of one-thrd 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
pHrtenances aforesaid, to satisfy the same, and
| that due notice Of said sale should be given by
| said Trustee at least sixty (60l DAYS before the
al. nfG all Nv in
newspaper printed and published in the city of
Rock Island in said county, sueh 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
and fftyfour cents, 1888, $50 80, and the holders
OF more than onethird in value OF all of said bonds
have request, the undersigned, Trustee, afore
said to advertise and sell the said lands, tene.
| ments, water power and appurtenances to satisfy
! the same.
Now, Therefore. /, Thomas j. Robinson. Trus
tee aforesaid. hereby give notice, that in pur
suance of such request and under the power and
authority to me given and granted and in ME vest
| ed in andb 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 OF
| that day on the said described premises, sell a
public auction, to the highest and best bidder fol
the highest and best price the same will bring fo
cash, all and singular the property conveyed to mi
| in trust above particularly mentioned and de
scribed, such part or portion thereof as may be
| necessary TO pay and discharge said bonds anC
| coupons and TO fully carry out and execute sale
| trnst as is provided in said Trust Deed, and all
| right and equity of redemption of the said The
Milan Paper Company therein, at the date of sale
| Trust Deed and that will make conveyance Il
the purchaser or purchasers IN accordance VIII
| the terms of said Trust Deed.
| Dated at Rock Island, ILL.,, this 18th day of No
| vembcr A. D., 1888.
| THOMAS j. ROBINSON Trustee.
/ SWEENEY II WALKER Attorneys for Trustee,
| nov l9-d4w