The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-11-22
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
corder's Office in said Rock Island county, in Book
Y of mortgages, pages $50 TO 55S 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. to-wit: That certain
tract or parcel Of land situated on Lower Wells
Island" in section twenty-three, (23l in town
ship seventeen, 40, north of range two, (2), west
of the fourth principal meridian, in the county of
Rock Island and state Of Illinois, bounded and de-
scrbed 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
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 lI5) feet to iron bolt driven in the
ground m 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
aforesaid1 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 t20l feet; thence north
easterly at an angle of IS . with said last men
| toned line turning said angle off to the right
ninety 900 feet, more or less to the edge of the
mill pond above the dams across Rock River:
thence northwesterly TO 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 abutting the same /;
also, fifteen hundred $500 inches of water to he
| measured at the verge of the wheel and to be ia
| ken from said race or canal upon the above de-
| seribed 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 .OO0) 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 900 of said bonds being for the sum of five
hundred $500 dollars each, and one hundred goo
of said bonds being for one hundred (100) 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 at the rate of
ten per cent per annum payable annually from the
date thereof, and for which coupons are attached
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-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-
purtenances aforesaid to satisfy the same and
| that due notice of said sale should be given by
said Trustee, at least sixty (60) days before the
day 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 6) successive days. and the
first OF such notices to be at least sixty 900 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 50, and the holders
of more than onethrd in valne of all of said bonds
| have req uest the undersigned, Trustee, afore-
/ said TO advertise and sell the said lands tene-
ments, water power and appurtenanees to satisfy
| the same
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 and by said Trust Deed, executed to me as
aforesaid. and for the purposes therein mentioned,
l viii, 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 at
public auction to the highest and best bidder, for
the highest and best price the same will bring for
cash, all and singular the property conveyed 10 me
| in trust above particularly mentioned and de-
scrbed, or such part or portion thereof MS may be
necessary to pay and discharge said bonds and
coupons, and TO fully carry ont and execute said
| trust 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 said
Trust Deed, and that will make conveyance to
| the purchaser OF purchasers in accordance with
the terms OF said Trust Deed.
Dated at Rock Island, Ill, this 18th day Of No
| yember, A. D., 1883.
i THOMAS j. ROBINSON, Trustee.
SWEENEY & WALKER, Attorneys for Trustee.
noy-la-d4w