The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-04-10

cuted by them on the sixteenth day of
May. 1891. to Ford G. Barclay and John
recorded in the Recorders ONCE in the
Utah. in Book 81 of Trust Deeds.
pages 575-6, did grant. bargain, convey
and John William Young, who are the
parties of the second part in said oeeu;
certain properly; situate in the County S, Oh
and described as follows. to-wlt; ne
south half Of lot four I4). block elgnty
(s0), plat d. Salt Lake City survey;
which said conveyance was in trust 10
secure the payment of a certain pronllls-
sorry note IN words and figures toAoWliis'
'G s1.oSo.OO.
Salt Lake City. Utah, 18th May. 1881.
Two years after date we promise 70 pay
20 Inc Pacific Investment Company VI
bearer. one Thousand and nollcO Dollal ,,
with interest at one per cent. per month
from GATE until paid, value received III
eSLest payable quarter -annually- ~ a.
aole al the Office of The Pacific lnNeSt-
ment Company, Salt Lake City, Titan.
Due May 16, 1923.
HANNAH r PURSELL.
AND whereas. BY endorsement OF the
sdlu note after the maturity Thereon, pay
ment or said note vas extended 70 De De
cemoer 1St, 1888, and the interest thereon
lSuuceu TO 10 per cent. per annum lIU ,
May 10. 1898. subject, however, 10 tnS ne
terms and conditions of said deed OF
trust. And whereas, 1t was provided IN
sdIu ueed or trust among other tnlhss'
But should default be made in the pay
neul OF said note or of the interest ina :
MAJ accrue thereon, or any part tnereoL
eS tne same becomes que and payaDte, OF
IN case OF the breach of any of the cove
nanJS herein contained, then this deco
slau remain in force, and the said par
ues OF the second part or either OF them,
OF the survivor of them, or in the event
OF the death of both of them, or absence
rom Salt Lake City, or refusal to act, or
%
OF ire duties OF this trust, then at me
request or the holder of said note, the
treasurer OF The Pacific Investment com
pay (Wno shall thereupon become lhe
successor OF said trustees and of the sur
VlVor OF them to the title to said prop
erty, ana the same become vested in MN
ia trust, Tor the purposes and OBJECTS OF
theSe presents with all the powers, duties
ana obligations thereof, may proceed 10
sen said described property or any par.
tnereor at public vendue. to the hlgheSt
bidder for cash. And whereas, the sald
promissory note, together with all inter
est thereon, from August is, 1885, at the
date remains wholly due ana unpaid. And
whereas, further, said Ford G. 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 unuer-
signed, John ". DOnnellan, is now the
treasurer of The Pacific Investment COM
pany, and by the terms and conditions or
said deed of trust has become the success
sor of said trustees sc absent from the
City of Salt Lake and so 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. I, the under
signed, John W. Donnellan, trustee as
aforesaid, az the request of the payee,
I owner and holder of said note, and oy
virtue of the authority gwen me in SAID
deed OF trust, and in accordance with the
provisions CT said deed, will. on Thurs
day, the eighteenth day OF April, 1898, be-
tween the hours of twelve o'clock m and
three o'clock D. m. of that day, a the
south front door of the Court House (the
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 I shall make, exc
cute and deliver TO the purchaser or pur-
chaSerS of said property a good and Suf-
ficient deed or deeds, conveying all the
interest which said John n. 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 1 have and hold therein as
trustee aforesaid.
JOHN w. DONNELLAN,
Trustee under the provisions OF said
trust.
MARSHALL AND ROYLE, Attorneys.
Salt Lake City. Utah. March u, 1880