The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1894-08-18

SALE OF VALUABLE REAL ESTATE, COM.
<, prising hotel property ana stores near Nor
J MSh ~ LOCK works-By virtue of two certain
pany, of Roanoke, a corporation duly chartered
under the laws OF the State OF Virginia TO ii. i.
Trout, trustee, the first dated on the Nth dav ot
May, 1892, and duly recorded in the oflcc or ythe
clerk OF the county court OF Roanoke county In
d d, oook No 5, page 2Sa, and the other OF said
recorded in the office OF said clerk OF the connty
coart OF Roanoke county, Va, in deed hook No.
pany, of Roanoke, conveyed to IL : rroni
trustee, the land hereinafter described to securs
I Ira certain bonds of the said company to the
Koanoke VA, one OF which bonds was In the sum
OF three thousand eight hundred dollars (S3. SO1
u 9n. 3, the 'th day OF May, 1922 and conditioned
LOT INC payment OF the monthly sums or 39O 40
TO u, the Iron Belt Building and Loan Association
.ron inc lrs day OF March, 1922 until the series
ana Loan Association should reach the value of
500 per share "N VI
,- One other of said bonds, bearing date ON the
aIn a gay CT May, 1892, in the sum OF 81, 300 90
conditioned for the payment OF the monthly snms
Oh Sl,69. from the LIST day OF April 1879, until the
bnilding and Loan Association should reach the
value OF 800 % per share, aud the remaining
s oond dated on the I'm day OF May, 1872, in the
sum OF Sl,WoUl, and conditioned for the payment
OF me sum OF $500 PEE month, from the list or
April, lS,2 until the series "B" OF the stock OF
should reach the value OF $4,000 per share and
each OF said bonds being further Conditioned for
NV idi w performance or the obligations Of
tue said inc lSiiiding Company, or Roanoke
according TO the provisions OF said bonds and
ueeds OF trust. and OF the by laws OF said assocIo
lon' all o. which will more fully appear by ref
erehce 70 said deeds OF trust, duly recorded as
aforesaid; and default having been made in the
payment OF the said monthly sums so provided to
pc PAID III the said three bonds and the deeds OF
trust securing the sumo, 80 we'll In other of the
conditions and covenants OF said bonds and deeds
OF trust, and being thcrcunio required by tho
BOARD or directors OF the said Iron Belt Buildinr
ana Loan Association, the undersigned trustees
VIII, ON THURSDAY. TIE I'd DAY or All
GUST, 1891, AT u O'CLOCK NJ, proceed to sell
al pnnlic 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 10 tho city of Roanoke, Va:
IL, beGgnnins al the southwest corner OF Russell
ana Warwick streets, fronting 80 feet on Russell
street, and extending back between parable! lines
win warwick street 100 feet to an alley said lois
being known and designated on the man OF tho
.ands or the Roanoke Development Company nv
NOS IL and 10, OF block No. s in section thereof
TERMS: Cash.
There Is due by the said Tho Building Com
psny, or Roanoke, upon their said bonds the
sum OF 81, 1874, with interest from the 10Th dav
of June, 1891. '
73t ids H. S TROIIr Trpst.. zo
By mutual consent the above sale has been
postponed until Monday, August ~, At the same
houT and place.