The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-11-28
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
corders 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
Island, in section twenty-three, (23), 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-
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 the race 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 1l5) feet to an iron bolt driven in the
ground In 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
(l60) feettO anotheriron bolt drivenin the ground;
thence northerly at right-angles with said last
mentioned line twenty (301 feet; thence north
easteFly at an angle OF ass 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 north-westerly TO the south end of the dam
between said Lower Wells island and Wand
ruff s 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
pFietOrs 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 600
of said bonds being for one hundred 900 dollars
each, AL 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
| 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 con
| 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 deserts
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 TO- successive days. and thu
first of such notices TO be at least sixty (6O) day
| before the day of such sale;
| And Whereas, Default has been made in thu
| payment of the said bonds secured by said Trus
| Deed, upon which there is now claimed TO be due
including principal and interest, the sum of thirty
| three thousand, three hundred and fifty dollar
and ffty-four cents, (S33,35 54), and the holder
of more than third in value of all of said bond
have req uestt d the undersigned, Trustee, afOre
said, to advertise and sell the said lands, tene
ments water power and appurtenances to satisf.
the same.
| Now, Therefore, l, Thomas j. Robinson, Trus
tee as aforesaid. hereby give notice, that in pun
| suance of such request and under the power an
authority TO me given and granted and in me ves1
| 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. ID
| 1884, at the hour of 10 O'Clock in the forenoon
that day. on the said described premises, sell
public auction, to the highest and best bidder, fC
the highest and best price the same will bring fC
cash, all and singular the property conveyed to N
in trust as above particularly mentioned and d
scribed, or such part or portion thereof as may |
necessary to pay and discharge said bonds an
coupons and to fully carry out and execute sal
trust rs is provided in said Trust Deed and Il
right and equity of redemption of the said Tt
Milan Paper Company therein at the date of sal
Trust Deed, and that will make conveyance
the purchaser or purchasers in accordance vii
the terms Of said Trust Deed.
Dated at Rock Island H., this 10Th day of n
yember A D.. 1888
THOMAS j. ROBINSON. Trustee
SWEENEY Il WALKER, Attorneys for Trustee
| nov l9-d4W