The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-04-27

/ Stock Yards Company. a corporation, by
its certain deed of trust. executed, ac-
to Charles f. Morse and Elliott q. Rich
! ardSon as Trustees, and duly recorded
January 5, 1892, in the Recorders Office
Of Davis County, Utah. in book r. of
. Mortgages, page 50, etc, did grant, bar
gain, sell, convey and confirm to said
trustees, those certain premises situate in
Commencing at the southwest corner of
section number two 20. township number
one ~, north OF range NUMBER one u,
west of the Salt Lake meridian; running
/ thence east thrtv-zwo hundred ard sew
enty- seven feet (3,2T1,i. thence north eight
/ 80 degrees fifty-seven minutes east, TWEEN
ty-four hundred and five and $40 (24O6.5l
feet along the west line of the right of
way of the Rio Grande Western Railway
Company; thence west ten hundred and
eleven and 2-10 Q011-2) feet; thence north
Two hundred and sixty-four (26D feet to
thence west forty-two hundred and nine
ty 1880 feet; thence south six hum
three hundred and thirty (3sOl fest; thence
south six hundred and sixty $500 feet;
thence east three hundred and thirty
and twenty Q320) feet; thence east nine
hundred and ninety $500 feet. to the
place OF beginning, containing two hun
acres. more or less; together with all
equipments and appurtenanceS whatSo-
connected with or relating to said The
Union Stock Yards Company or its prop
I cry or the construction, maintenance or
use thereof, then held or thereafter &C
CURED by the party of the first part, and
all corporate franchises of any nature
relative thereto, including the franchise
10 become corporation and operate said
STOCK yards, which Were then or there
AFTER might be possessed or exercised by
the party of the first part, together with
all and singular the Etenements, heredita-
ments and appurtenances to the above
The Union Stock Yards Company's prem
Uses or property belonging or in anywise
I appertalnlng, and an 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
Of the said party Of the first part in and
TO the same and every part and parcel
thereof, which said conveyance was in
trust to secure the payment to bearer of
its certain fifty bonds. issued and negoti-
ated by said The Union Stock Yards
Company, and numbered from one to
$1,000 each, all dated the first day of
January 1892, maturing the first day of
date until paid at six per cent. per an
mum, payable semi-annually on the first
day Of January and July of each year,
both principal and interest payable at the
Office of Charles Merriam, no. 90 State
street, Boston, Massachusetts. and in gold
coin of the United States of the then
present standard of weight and fneness.
And whereas said trust deed provided
that if default should be made in
lIiO Payment VI dily VI SdIU 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-
session, sell all of said premises and
property, at such time as said trustees
Uses, at public auction, for the highest
and best price the same would bring in
cash. or SO much of said premises and
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 adj
vertisement for thirty days in any news
paper published at the time in Salt Lake
City, Utah, and that at such sale said
separate parcels as said trustees might
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
claiming by or through it; and the net
proceeds of such sale after paying the ex-
penses of the manag zen and sale Of
applied to the liquidation of said bonds
and the interest which may have accrued
thereon and be unpaid, without discrina-
said bonds and interest And whereas.
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 noIders of said bonds,
they might at once declare due and pay
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 defauIs made III all inter /
est due and payable upon and since the
first day Of January, 1898, up to and in /
Guiding the first day of January 1895, 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 I
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
prir cipal and interest due as hereinbeforc /
aforesaid of said premises and sell the /
same as provided in said trust deed and (
as hereinbefore set forth. Now there
fore, in considerati ton of the premises and (
of said trust deed, notice is herby given
that said trustees will sell at public auc-
the eleventh day of MAY. 1895. at the Of I
flee of said company, on said premises, |
all the property and premises herenbe-
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- I
est thereon at six per cent. per annurn {
from January l, 1898, to time of this sale. i
in United States gold coin. together with I
the costs Of this trust and expenses of 4
salt
~ CHARLES F. MORSE,
- ELLIOTT E. RICHARDSON,
~ Trustees. )