The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1894-07-29

SALE OF VALUABLE REAL ESTATE, COM
- prising hotel property and stores near Nor
deeds eh Of oG trns vr9 inc Of iwo certain
pany, OF Roanoke, n corporation duly chartered
under the laws OF the State OF Virginia, to H. S.
Trout, trustee, the fret dated on the nth day of
May 1892 and duly recorded in the Office OF the
clerk OF the county court OF Roanoke county in
deed book No g, page 2S2, and the other OF said
deeds dated the 18th day of May, 1892, and duly
recorded in the Office of said clerk OF the county
court Of Roanoke county, Va, in deed book No
pahy, OF Roanoke, conveyed to ii. 5. Trout,
trustee, the land hereinafter described to secure
three certain bonds OF the said company to the
iron Bclt Building and Loan Association. OF
Roanoke. Va, one of which bonds was in tho sum
or three thousand eight hundred dollars (S3, 500,
dated the 9TH day of May, 1892, and conditioned
Ior inc payment OF the monthly sums OF $50. 40
10 the Iron Belt Building and Loan Association
from the hrs: day OF March, 1922, until the series
u or the STOCK OF the said Iron Belt Building
800 per share.
One other of said honds, bearing date on tho
nth day Of May, 1892, in the sum OF s220o0O,
cond!tloncd Tor the payment OF the monthly sums
OF SlI6o, from the 1st day OF APRIL 1892. until the
s ni series &c" OF the stock OF the Iron Belt
BnldlnS and Loan Association should reach the
value or slOo W per share, and the remaining
bond dated 10 on the l7th day OF May, 1892 in the
sum or $l,VOOO. and conditioned for the payment
OF the sum OF $500 per month, from the lst OF
April. lSf2, until the series "B' OF the stock OF
the said Iron Belt Building and Loan Association
should reach the value of $4,000 per share, and
each OF said bonds being further conditioned for
the faithful performance of the obligations OF
the said The Building Company, OF Roanoke,
according to the provisions of said bonds and
deeds OF trust and OF the by laws OF said associa-
ton, all OF which will more fully appear by ref
erence to said deeds OF trust, duly recorded as
aforesaid and default having been made in the
payment or the said monthly sums go provided TO
be paid in the said three bonds and the deeds OF
trnst securing the sumo, IA well In other or the
conditions and covenants or said bonds and deeds
OF trust, and being thcreunio required by the
board or directors of the said Iron Belt Building
ana Loan Association, the undersigned trustee
viii, ON THURSDAY, THE ID DAY OF AU-
GUST, 1891, AT l2 O'CLOCK NJ, proceed to sell
AT puhlc auction, on the premises, the following
described real estate, towit
All that lot OF land, with the hotel and store.
houses thereon. situate In the county of Roanoke,
near TO the city of Roanoke, Va:
Beginning at the southwest corner of Russell
ana warwick streets, fronting 80 feet Russell
street, ana extending back between parallel lines
with warwick street leo feet to an alley, said lots
bcing known and designated on the map OF the
Lands or the Roanoke Development Company by
Nos; II ana 10, of block No. 8, in section thereof
TERMS: Cash.
There IL due by the said The Building Com
pAny, or Roanoke, upon their said bonds the
sum OF $685. with interest from the 10th day
OF June, 1891.
q tbs H. 8 TROUT Trustee IA
rINRUSTEES' SAIE-pY NJRTIrE nE A nEpn