The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1884-11-19
Legal Notice.

/ T S. BLACK and Sallie u. Black his wife,
/ y who reside i'm Kansas City, i'm the State
: Of Missouri, viii take notice that on the oath
day of October, A. ID. 1884, The Liberty Build
/ ing and Loan Association filed it's petition in
| the Court of Common Pleas of Highland
County, Ohio, i'm case No. 1850, against the
above named parties and others, alleging that
said plaintiff is O. corporation duly incorpOra-
( ted under the laws of the State of Ohio; that
on the 18th day of February, A. ID. 1888, said
defendant, Sallie e. Black, executed and deliv-
/ cred TO the said plaintiff her certain promis-
/ sorry note or obligation, Of which the following
| is copy, tO-wit. "5200O.OO For value re-
ceived, j. Salie u. Black, promise to pay the
Liberty Building and Loan Association the
sum of twenty hundred dollars, with interest
on eighteen hundred and eighty dollars there
| of, principal and interest payable as follows
Said Sallie =. Black, a member Of said AssOCia-
| tiOn having bid for, and received from said
Association an advance loan of twenty hum
dred dollars the full value of twenty shares of
stock in said Association, at a premium Of six
dollars per share, deducted for precedence.
On said twenty shares of stock, said Sallie ID.
Black promises TO pay said Association a weekly
|instaIlmeut of five dollars (2j cents per share)
and ON said eighteen hundred and eighty dol
lars, the amount of said loan less the pre-
MUM, she agrees to pay interest as follOws:-
Nine dollars and 40 cents on the first day of
March, 1888, aud monthly in5tallment of
nine dollars and 40 cents on the first day of
each succeeding month thereafter, until said
loan is fully paid up, ana said Association is
dissolved as provided in the constitution ana
bylaws of said Association In testimony
whereof / have hereuntO set my hand and seal
this 18th day Of February, A. ID. 1881 The
said plaintiff says, that the weekly installment
of dues Of five dollars each, and the monthly
linstallments OF nine dollars and forty cents
each, were all paid as provided in said Obliga-
tion up to March 8th, 1884 That although
said loan was not and is not paid up and said
Association was not and is not dissolved as
provided in its constitution and bylaws yet
beginning with the 8th day of March, 1884
and continuing to the present time, the said
defendant Sallie E. Black, has neglected and
failed to pay said weekly iusallmonts, and
there are now due and unpaid upon said obi.
CATION thirty-three weekly installmeuts of five
dollars each. Plaintiff says that said defend
ant has failed since the first day Of April, 1884,
to pay the installments of interest Of S9.4O
each, as provided by said obligation, and there
are now due and unpaid seven iustallments Of
interest as aforesaid, making the total sum at
the present time for dues and interest $3.50 so,
with interest on the respective installments
from the time each became due and payable
The said plaintiff further states that section
one Of article eleven, Of the constitution Of
said Liberty Building and Loan Association
and which constitution is signed and assented
to 10y said defendant, SalIie y. Black, provides
as follows ANY member who nggleCts to
cents for every default on each and every
share. When the fines of o share equal the
paid weekly installmeuts on the same, it shall
be forfeited by its owner TO the Association" d."
section two, Of the same article provides that
''any money paid by q member who is in ar
rears, shall be appied-first, to the payment
of interest, secondly, to the payment of fines,
and the remainder to the payment of dues.
| Plaintiff further says that the said defendant,
| Sallie e. Black having received an advance
! loan of twenty shares and having failed for
| thirty-three weeks in succession to pay the
weekly dues on said loan as provided by said
note and the constitution and bylaws of said
Association, is indebted to said plaintiff on
account of fines in the sum Of one dollar per
week for thirty-three weeks, making the sum
| of $780, for which amount plaintiff asks
| Judgment. Plaintiff further says, that in
order to secure the payment Of the above de
scribed note and all fines that should be legally
assessed said defendants, j. S. Black and Sal
! lie E. Black his wife, on the 18th day of Feb
ruRry, A. D. 1888, executed and delivered to
said plaintiff their certain mortgage deed, and
| thereby conveyed to said plaintiff and its
assigns forever, the following real estate, viz
| I-In-LOt number lightweight (SS), in the town
of Hillsboro Highland County in the State of
| Ohio, as knOTu and designated on the recorded
| plat of said town. Said mortgage deed con-
| tanned a condition which was in substance,
| that if the said Sallie o.. Black should pay on
U
obligation with the interest thereon, according
/ to its terms and the constitution and bylaws
| of said Liberty Building and Loan Association,
| then said mortgage deed should become void,
otherwise to remain in full force and effect.
| Said mortgage deed has become absolute. On
the 14th day of February 1888, said mortgage
was received by the Recorder Of Highland
/ County, Ohio, to be entered of record, and
was recorded by him in mortgage book No. 20,
pages 474 and 4l5. Said plaintiff says there is
due 10 from said defendant, Sallie e. Black,
upon the note aforesaid and for fines as afOre-
said, the sum of S263 80, with interest as fol-
| lows with interest on five dollars from each
of the following dates, viz: March Sth, 10Th,
22d, and Goth; April 18th, 18th, and Goth; May
10th, 18th, Oath, and 3lst; June 18th, Dist,
and 28th; July 18th, 18th, and Goth; August
| 9th, 10th, 23d, and 30th; September 18th, Goth,
and on 514.4O from April 5th May Sd, June
/ 9TH, July 5th, August I'd, September 9Th, OctO-
| Der 4th, 1884, and on $4,000 from October
18th, 1884; and for which AMOUNT with inter.
est as aforesaid, plaintiff asks judgment. The
defendants, VIM. Scott, and Samuel Warren
each claim an interest in said premises The
prayer of said petition is for judgment against
said Salie b. Black for said sum of S263.SO
with interest as above stated; that said mort
gage may be fOreclOsed and said premises or
dered to be appraised, advertised, and sold
! according TO law; that "a master may be Bp
pointed TO take an account between the parties
of the amount due, and to become due upon
said note and mortgage; that the proceeds Of
such sale may be ordered to be applied to the
payment Of the amount found dueaud payable
TO plaintiff, as the same becomes due and pay
able under the aforesaid note; that the ien
Of the parties upon said premises may be as
certained and their priorities determined; ant
for all such other and further relief as plaintiff
may be entitled to- The said defendants Or
also notified that they are required to answe
said petition on or before the 9th day O.
December A.. D. 1884, or said petition will b.
taken as true, and judgment rendered accord
lingly. THE LIBERTY BUILDING AND
LOAN ASSOCIATION.
October 25th, 1884. BY Sloane, Newly
OCt29W6 & Morrow, it's Att'ys.