Los Angeles herald., 1892-03-24
Notice Of Application for Leave to
Mortgage.

TN THE SUPERIOR COURT OF THE
i count y Of Los Angeles, State of California
In the matter OF the application OF the Los
ss 9oetssse propslg to
ton.
Orphan Asylum, corporation, has applied to
this court for leave to mortgage that certain
property, belonging to said aid, corporation, stu
e Angeles State of sno Sounaea q and
described as follows, to wit:
Nrst-Lots one ~, two l2) and three ~, Of
SO, 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 (5s) of Han
cock survey, and running thence ~ deg 81
min along the ssasite1y line ct said lot two
thence N 72 deg Is min six (6) chains and
eleven (11) links; thence N l deg W four a.
ehsias ss and SSS Links thence 81
links; thence N 8S deg 27 MIN w one ~ chain
and Eve (5) links; thence 8 deg 2s uin E six
(6l chains and ifty-eight (5s) links, to the
southerly line of Stevenson avenue; thence s
SO deg min along the southerly line of Ste
venson avenue ten (1O) chains and ninety four
!94l links to the place of beginning, containing
10. 527 acres of land, and being that portion OF
said lot two (2), block fifty eight t5e), which is
designated as lot on map accompanying
conveyance Dy the CITY OF Los Angeles TO Fran
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 1t is 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 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 It's
March /, 1894, with interest at the rate of nine
per cent. per annum; interest payable quar-
terly, and If 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
made by said court setting the hearing thereof
for Monday, the 2Sth day of March, 1892 at
| ten o'clock a. m, and 1t was BIZ ssid 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 Los Angeles, state
| Of California, on Monday, the 29th day of
March, 1892, at ten o'clock a. M, why said ap-
RE5l0A'i0n Eol. should not be granted as prayed
Dated, March %, 1892,
BY A. W. sEAvER, Deputy. 3-23 st