Los Angeles herald., 1892-03-28
LEGAL.
Notice of Application for Leave to
Mortgage.
LEGAL.

TN THE SUPERIOR COURT OF THE
l. county of Los Angeles, State of California.
In the matter of the, application of the Los
Angeles Orphan Asylum, corporation. for
leave to mortgage certain property to secure
the payment of Indebtedness of said corpora
ton.
Notice is hereby given that the Los Angeles
Orphan Asylum, a corporation, has applied to
this court for leave to mortgage that certain
property, belonging to said corporation, stu
ated in,the city Of Los Angeles county, Of Los
Angeles State of California, ana bounded and
de scribed as follows to witt
First-Lots one Il }, two ~ and three ~. OF
Davis subdivision OF portion of lot /, block
5S, of Hancock's survey, according to map OF
said subdivision recorded in book 5, page sos,
of miscellaneous records of said Los Angeles
county.
Second-Commencing at the northeast corner
OF lot two (2), in block fifty eight (5sl, of Han
COCKS survey, and running theme ~ deg 81
thence n 72 dc eg 10 min " six l6) chains and
eleven Q1( links: thence n l deg W four AZ
deg 80 min two ~ chains and sixty-tix t66)
links; thence N 8S deg 81 min W one () chain
and Eve (5) links; thence 9 deg 2S min six
southerly line of Stevenson avenue; thence S
SO deg min along the southerly line of Ste
vensOn avenue ten (lO) chains and ninety four
10 527 acres of land, and being that portion Of
said LOT two (2), block ffty-eight 5e>. which is
designated as lot A on map accompanying
COaNCyuuCC Wy tAC CAty VI AOH AuScAcb W
cisca W. de Shepherd, recorded In book 1855,
page 80, OF deeds, records OF said Los Angeles
county.
To secure the payment of thirty thousand
dollars, which amount it ls alleged by said
corporation, is requisite for the defraying of
Indebtedness incurred in carrying out the OBJ
jects for which said corporation was organized,
and especially in the erection of q certain
building located upon said premises. Said sum
of thirty thousand dollars, said corporation
alleges, is to be loaned by the Los Angeles
Savings bank, said corporation to execute its
March !, 1894, with interest at the rate of nine
per cent per annum; interest pay able quar-
terly, and II not SO paid the whole sum of
principal and interest Immediately to become
due and payable, and the interest to be COM
pounded quarterly at the same rate. Said note
and said mortgage to contain the several cove
nants and agreements set forth in the petition
for leave to mortgage this day filed in this
court, and to which reference is hereby made
for further particulars.
Upon the filing of said petition an order was
for Monday, the 28th day of March, 1892, at
ten o'clock a. M, and 1t was by said order re-
quired that the clerk of this court should give
notice of said application by publication in the
Los Angeles HERALD, for FIVE days from this
date.
Now, therefore, all parties interested are
hereby notified OF the Hearing Aforesaid, and
to show cause in this court at the courtroom
thereof, department 4, at the courthouse in
Los Angeles city, county of l. os Angeles, state
OF California, on Monday, the 28th day of
March, 1892. at ten O'Clock q. NJ, why said ap-
plication should not be granted as prayed
Dated, March %, 1892.
LsEAL T. h. WARD, Clerk.
By A w. SEAvER. Deputy. 3.236t