Los Angeles herald., 1892-03-27
LEGAL.
Notice of Application for Leave to
Mortgage.

TN THE SUPERIOR COURT OF TIVE
i 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 properly 10 secuTe
the payment OF indebtedness Of said CORPORA
| ton.
Notice is hereby given that the Los Anpe,es
| Orphan Asy lGm, corporation, has applied to
| this court for leave to mortgage that certain
| n,ed in the city of Los Angeles, county Of los
| Angeles State OF California, ana bounded and
| d, sciibld as follows, to wit:
Fifst-Lots one III. two (2) and three (3) of
| Davis subdivision of n portion of lot l, block
5S, of Hancocks survey, according to map of
said subdivision recorded in book 5, page 5O5.
| of miscellaneous records Of said Los Angeles
| county.
second-Commencing at the northeast corner
cocks survey, and running thence 81 deg 81
min W along the easterly line of said lot two
t%l eleven gp a. Ghaias n and fifty (5ol links;
eleven Q1 links; thence N / deg W four (4)
chains and and tf.y.1y 900 links; thence N 81
Ge9 So thence yS Ss Snsins 81 and sixyx (6S
l6l chains al, and ifty-eight (5s) links to the
63 deg min E along the southerly line of Ste
venson avenue ten (lO) chains and ninety-fou
l94l links to the place of b. ginning, containing
| 10 527 acres OF land, and being that portion Of
said lot two (2), block fifty eight i5s), which is
designated as lot on map accompanying
conveyance by the city of Los Angeles to Fran
cisca " de shepherd, recorded In book i55.
pages 80, OF deeds. records of said Los Angeles
| county.
To secure the payment of thirty thousand
| dollars, which amount it is alleged by said
corporation, Is requisite for the defraying of
Indebtedness incurred in carrying out the OBJ
and especially in the erection of a certain
building located uuon said premises Said sum
| of thirty Thousand dollars said corporation
| alleges, Is to be loaned by the Los Angeles
Savings bank, said corporation 10 execute its
promissory note for said sum. payable on
March ], 1894, with interest at the rate of nine
per cent. per nnnum; interest payable quar-
! tery, 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
to be paid in gold coin of the United States
and said mortgage to contain the sever Il cove
nants and agreements set forth in the petition
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
fol Monday the 2Sth 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
date.
Now. therefore, all parties interested are
hereby notified of the hearing aforesaid, and
! to show cause in this court ut the courtroom
thereof, departu ent !, at the courthouse in
| Los Angeles city, county of Los Angeles, state
OF California, on Monday, the 26th day of
| March, 1892. at ten O'Clock a. m, why said ap-
| for.
Dated, March %, 1892.
By A, W. sEAvER. Deputy. 3.23 Ct