The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-05-08

The Union Stock Yards Company's prem
ises or property belonging or in anywise
eppertaining, and ali reservations, ease
ments, privileges ana Immunities, re-
mainderS, tolls, income, rents, issues and
profits thereof and also oil 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
10 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-
Company, and numbered from one 10
nifty inclusive, OF the denomination Of
$1,000 each. adj dated the hrst day Of
January 1892, maturing the first day Of
January, 1897, with interest from their
date until paid at six per cent. per an
day of January ana July of each year,
both prime. pal 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
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
al 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 S2en the said prem
iSes, 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 o. such sale by ad-
yertisement for thirty days n any news
paper published at the time in salt Lake
City, Utah, and that al such sale said
premises might be sold en- maSse or in
St trustees
think best, and that said trustees. or
either of them then acting. might MAKE,
deed or deeds in fee simple conveying to
the purchaser or purchasers ali and sin
gular the said premises. property. rights
and franchises. which sale and deed or
deeds should be 4 perpetual bar both in
law and equity against said The Union
Stock Yards CONF any: and all persons
cIaiming 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 or said bonds
and the interest which may have accrued
thereon and be unpaid, without discrim-
ination or preference but ratably upon
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 mat then at the OPP
ton of the legal holders 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
there has been defauir made III all inter
est due and payable upon and since the
first day Of January, 1888, 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
principal and interest due as hereinbeforc
set forth, and TO take the possession as
aforesaid 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 a twelve o'clock noon. on Saturday,
the eleventh day of Nav. 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- nnasSe, Tor 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 !. 1898, to time OF this sale,
in United States gold coin. together with
the costs of this trust and expenses of
sale
Dated April II. 1895.
CHARLES F. MORSE
ELLIOTT z. RICHARDSON.
Trustees