The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-04-03

sell and Hannah r. Pursell, his wife, by
their certain deed of trust. made and exc
cuted by them on the sixteenth day OF
May, 1891. to Ford G. Barclay and John
William Young. then delivered and duly
recorded in the Recorders ONCE in the
County Of salt Lake and Territory OF
pages 575-6. did grant bargain, convey
and confirm 70 the said Ford G. Barclay
and John William Young, who are. the
parties of the second part in said deed.
certain property. situate in the County OF
salt Lake and Territory of Utah known
ana described as follows, to-wit: Tne
eO), plat ID, Salt Lake City survey;
which said conveyance was in trust 10
secure the payment of a certain promis-
sorry note IN words and figures following
100000.
Salt Lake City. Utah. 18th May, 1891.
Two years after date we promise TO pay
TO The Pacific Investment Company or
bearer, one Thousand and mol 100 Dollars.
from date until paid, value received IN
terest payable quarter-annually. Pay
able at the Office of The Pacific Invest
ment Company, Salt Lake City, Utah.
JOHN n. PURSELL,
HANNAH r. PURSELL-
And whereas. By endorsement of the
sald note after the maturity thereof pay
ment or said note was extended to De-
ceInber 1st 1893. and the interest thereon
Treeuuced to 10 per cent per annun from
Terms ana conditions of said deed or
trust And whereas 1t was provided in
ss SAD oeed OF trust among other things,
But should default be made in the pay
ment OF said note or of the interest that
may accrue thereon, or any part thereof
as the same becomes due and payable or
IN case OF the breach of any of the cove
nants herein contained, then this deed
snaH remain in force, and the said par
tleS or the second part or either of thems
OF the survivor of them, or in the event
OF the death of both of them, or absence
from salt Lake City. or refusal 10 act. or
OIner disqualification for the performance
of the duties of this trust, then at the
request Of the holder of said note, the
treasurer OF The Pacific Investment Com
pany (wflo shall thereupOn become the
successor of said trustees ana Of the sur
ViVor OF them to the title to said prop
erty. and the same become vested in him
IN trust, Tor the purposes and objects OF
these presents with all the powers, duties
and obligations thereof, may proceed 70
sell said described property or any part
bidder for cash. And whereas, the said
promissory note. together with al inter
est thereon, from August 16 1893 at the
rate OF ten per cent per annum until TINS
date remains wholly due and unpaid. And
whereas. further, said Ford &. Barclay
and John William Young are now absent
from the City of Salt Lake and Territory
OF Utah, and thereby unable to perform
Or discharge said trust; and the under
signed, John w. Donnellan, is now the
treasurer or The Pacific Investment COM
pany, and by the terms and conditions OF
said deed of trust has become the success
sor OF said trustees SO absent from the
City of Salt Lake and 50 disqualified TO
act as such trustees. and as such success
sor has become fully vested with all the
powers, duties and obligations of said
trustees. Now therefore. /. the under
signed, John W. Dcnnellan. trustee as
aforesaid. at the request of the payee.
owner and holder of said note. and BY
virtue of the authority gwen me in said
deed of trust, and in accordance with tho
provisions of said deed, will, on Thurs
day, the eighteenth day of April 1925, be-
tween the hours of twelve o'clock m and
three O'Clock p m Of that day, at tho
south front door of the Court House tthe
Joint City and County Building). in the
City and County of Salt Lake. Territory
OF Utah, proceed TO sell and sell the
above described real estate at public auc-
ton to the highest bidder for cash in
hand, IN order to pay said note and inter
est and the costs of this trust, or so much
thereof as It may pay; and upon such
sale being made. being thereunto duly au-
thoriZed by said deed. 1 shall make, exc
cute and deliver 10 the purchaser or pur-
chasers of said property a good and suf-
ficient deed or deeds, conveying eli the
interest which said John y. Purcell and
Hannah r. Pursell, his wife. or either OF
them had in and to the aforesaid real eS-
tate on the sixteenth day of May. 1891.
and which l have and hold therein as
trustee aforesaid.
JOHN W. DONNELLAN
Trustee under the provisions Of said
MARSHALL AND ROYLE. Attorneys.
Salt Lake City, Utah. March p. 1895.