The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1883-11-24
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 recond 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
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 in the county of Rock
Island, and state of Illinois, t0-wit: That certain
tract or parcel of land situated on Lower Wells
island, in section twenty three, (23) in town
ship seventeen, 90 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 or canal ex
tending along the north side of said island distant
thirty 1907 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, said ISL
and; running thence southerly hundred and
fifteen Q15) feet to an iron bolt driven in the
ground the centre line OF street forty (40l 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
aforesatd); running thence easterly along said
centre line Of said street one hundred and sixty
$50 feettO another iron bolt driven in the ground
thence n0rtherly at right-angcs with said last
mentioned line twenty {20) feet; thence north
easterly at angle of 45 Q with said last men
toned line turning said angle off to the right
ninety 800 feet, 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 point directly north of the
pointof beginning; thence soHth 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 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 (1500) in
| ches being the same that mentioned in deed
| from Holmes Hakes to Roswell P. Dart
| In TRUST, Nevertheless, To secure the payment
of twenty-five Thousand rs ,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 900 of said bonds being for the of five
hundred 5000 dollars each, and one hundred 600
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;
trust deed that at any time after five years from
the date OF said bonds ii any of said bonds or 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 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 (6Q) 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 co. successive days. and the
first of such notices to be at least sixty (G0 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 fifty -four cents, 1888 $50 54), and the holders
of more than one third in value of all of said bonds
have req uested the undersigned, Trustee, afore-
said, to advertise and sell the said lands tene-
| ments, water power and appurtenances to satisfy
| the same.
Now, Therefore, i, Thomas j. Robinson. Trus-
tee, as 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
| / 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 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 TO me
l in trust above particularly mentioned and de-
scrlbed, such part or portion thereof as may be
| necessary to pay and discharge said bonds and
coupons, and to fully carry out 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 or purchasers in accordance with
the terms of said Trust Deed.
Dated at Rock Island, ILL.,. this 18th day of No
yember, A. D., 1888
THOMAS j. ROBINSON, Trustee
SWEENEY & WALKER, Attorneys for Trustee.
nOv-l9-d4w