The Portland daily press., 1894-05-24

General Electric Co. VS.. Consolidated Light
and Power Co.
| Whereas the Rochester Loan & Banking
| Co., of Rochester, in said distict, trustee
| for the bondholders of the Consolidated
| Digit Power Co., filed its petition or bill
! in the Clerks Office at Concord on the 2nd
of May inst, in which it is alleged:
That said Consolidated Light & Power Co
by a certain lndenture dated January 20
| 1890, Ia copy of the same filed as an exhibit
with said bill and made part thereof, con
veyed certain property described in said in.
denture to said Banking Co. in trust tt
secure the payment of certain bonds, in
| amount $2OO,0O0, issued by said Consolidated
Light Power Co. of even date.of said trust
deed, known as first mortgage bonds on the
real and personal property of saidLight and
Power Co. Said property situate in the
cities of Dover, Rochester and Somerswortt
in the Count of Strafford, in said district
and in the town of Berwick in the district
of Maine, and described in said indenture OF
deed of trust.
That the interest due on said bonds on the
first of February last was not paid, and is
still unpaid.
That due notice was given of said default
and that said Trustee duly elected and de-
clared under the terms of said trust deed
that the principal of said bonds payable in
81 years from date and the accrued interest
thereon had become due and payable.
That said default has continued for the
space of 80 days after due notice thereof in
writing, and by the terms of said trust deed
it is lawful for the Trustee to enter and
faKa nnSgaSsiOn Of said fo oil
the same at public auction for the benefit
of the bondholders, according to the terms
and conditions in said trust deed contained
That said mortgaged property was placed
in the hands of a Receiver prior to said de-
fault in payment of interest, and still
remains in his possession by decree of said
court.
The Trustee asks for Permission to take
possession of the property as provided in
said trust deed, and to forecIose the rights
of the Consolidated Light & Power Co., in
said property as provided by law, or that
sale be made of the same, and that the
court decree its Receiver to join in such
sale and conveyance as may be made and
that the funds received be applied to the
payment of said bonds as the Court may
decree, and for such other orders as to the
court may seem meet ana proper.
1t is ordered by the Court, that a hear
ing be had on said petition or bill at the
United States Court room in Littleton, in
said district, on the 9Th day of July next, at
10 o'clock in the forenoon, sand that said
Trustee notify Henry Patterson, receiver,
and the said Consolidated Light s. Power
Co., by giving in hand to said Patterson,
and to the proper officer or officers of said
company, true and attested copy of the
foregoing abstract of the substance of said
bill or petition, and it is further ordered,
that said Trustee notify all other persons
in interest of said hearing by publishing the
above abstract and this order of the Court.
in the Boston Daily Advertiser, a news
paper published in the city of Boston; the
Portland Daily PRESS and the Daily
Eastern Argus, newspapers published in
the city of Portl nd, In the district of
Maine; and in Foster'sss Daily Democrat, a
newspaper published in Dover, in our::district
of New Hampshire, once each week, three
weeks successfully, the, last publiotion to
be one week at least before said day of
hearing.
Dated at Portsmouth this 9Th day of May,
1894.
FREMONT E. SHURTLEFF, Clerk.
(-@ The foregoing is a true copy of
(@~) part thereof.
Attest:
FREMONT E. sHURVLEFF,
Worcester, Gafney &Snow, y n
Rochester, N. H.,
Solicitors for Trustee. may17d1aw3wTh