The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-05-05

The Union Stock Yards Company's prem
ises or property belonging or in anywise
appertaining, and ali reservations, ease
ments, privileges ana Immunities, re-
mainders, tolls, income, rents, issues and
profits thereof and also all the estate
right. title, interest, property, possession.
claim and demand Whatsoever, as well in
law as in equity present or prospective,
of the said party of the first part in and
thereof which said conveyance was in
trust to secure the payment to bearer Of
its certain fifty bonds. issued and negoti-
Company, and numbered from one to
fifty inclusive, OF the denomination OF
January, 1897, with interest from their
date until paid at six per cent. per an
mum. payable semi-annually on the first
day OF January ana July of each year.
both principal and interest payable at the
office of Charles Merriam, No 80, State
street Boston, Massachusetts,. and in gold
present standard of weight and fineness
And whereas said trust deed provided
the payment Of any of said interest at
the time when due and for ninety days
thereafter. then said trustees personally,
or by their attorneys and agents. might
enter upon said premises and take the en-
tire and absolute possession thereof and
at the option of the holders of one-half OF
said bonds then outstanding said trus-
tees might, after such entrance and pos
session, sell all of said premises and
property. at such time as said trustees
might appoint, and s.isen the said prem
Uses, at public auction. for the highest
and best price the same would bring in
cash, or so much of said premises ana
property as might be necessary to satisfy
all liabilities due. and unpaid on said
premises, after giving previous notice OF
the time and place OF such sale by ad-
vertisement for thirty days In any news
paper published at the time in salt Lake
City, Utah, and that at such sale said
premises might be sold en- masse or in
"a "a a 1fsrf,e
think best, and that said trustees, or
either of them then acting, might make,
execute and deliver good and sufficient
deed or deeds in fee simple conveying to
the purchaser or purchasers all and sin
gular the said premises, property, rights
and franchises. which sale and deed or
deeds should be perpetual bar both in
law and equity against said The Union
Stock. Yards Company, and all persons
claiming by or through it; and the net
proceeds of such sale after paying the ex-
penses of the management and sale of
said property and of this trust, should be
applied TO the liquidation of said bonds
and the interest which may have accrued
thereon and be unpaid, without discrirn-
nation or preference but ratably upon
the said trust deed further provided
that in case of default in the payment of
any of said interest that then at the op-
ton of the legal holders of said bonds,
they might at once declare due and paw
able the whole of the principal sum OF
said bonds, together with interest there
on to the time of said sale. And whereas
there has been defauII made III ali inter-
est due and payable upon and since the
first day OF January, 1898, up to and in
Guiding the first day of January 1885 and
said trustees have entered upon said
premises and taken entire and absolute
possession thereof, and all the holders OF
said bonds have since requested said
trustees to sell said premises as provided
by said trust deed. and as hereinbefOre
set forth, and said legal owners and hold
erS of said bonds have duly exercised
their option to declare the whole of the
and interest due as hereinbefore
set forth, and to take the possession as
of said premises and sell the
same as provided in said trust deed and
as hereinbefore set forth. Now, there
fore, in consideration of the premises and
of said trust deed, notice is herby given
that said trustees will sell at public auc-
ton at twelve o'clock noon on Saturday
the eleventh day of MAY. 1895. at the Of
fee of said company, on said premises
all the property and premises hereinbe,
fore described, or so much thereof as may
be necessary, en- maSSe, for cash, to the
highest and best bidder, TO realize the
sum of fifty thousand dollars and inter-
est thereon at six per cent. per annum
from January 1, 1893, to time of this sale,
In United States gold coin. together with
the costs of this trust and expenses OF
sale.
Dated April H. 1895
CHARLES T. MORSE,
ELLIOTT E. RICHARDSON.
Trustees.