The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-04-15

it's certain deed of trust. executed, &C
knowledged and delivered January l, 1892,
ardson as Trustees, and duly recorded
January 5, 1892, in the Recorders Office
of Davis County Utah, in book F., of
Mortgages, page SO, ETC.. did grant, bar
gain, sell. convey and confirm 10 said
trustees, those certain premises situate in
Davis County, Utah, and described as:
Commencing at the southwest corner of
section number two o. township number
one a, north of range number one %,
west of the Salt Lake meridian; running
thence east thirty-two hundred and sey-
enty-seven feet Cpd; thence north eight
80 degrees ffty-seven minutes east, TWEEN
ty-four hundred and five and $40 (2iOo.5)
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 hun
dred and sixty (66W feet; thence east
sab hundred and thirty SGD fee S th fef
thence east three hundred and thirty
(S3O) feet; thence south thirteen hundred
and twenty Q32O feet; thence east nine
hundred and ninety $500 feet, TO the
place of beginning. containing two hun
dred and Seventy-nine and 95-100 (219.95l
acres, more or less; together with all
equipments and appurtenanceS WhatSo-
ever thereto belonging and all franchises
connected with or relating to said The
Union Stock Yards Company or its prop
erty or the construction, maintenance or
use thereof, then held or thereafter ac-
Quired by the party of the first part, and
all corporate franchises of any nature
relative thereto, including the franchise
to become a 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 tenements, heredita-
ments and appurtenances TO the above
The Union Stock Yards Company's prem
ises or property belonging or in anywise
appertaining, and all reservations, ease
mainderS, tolls, income, rents, issues and
profits thereof and also all the estate,
right. title, interest, property, possession.
claim and demand whatsoever, as we'll 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
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
fifty inclusive, of the denomination of
$1,000 each, all dated the first day of
January 1892, maturing the first day of
January. 1897. with interest from their
date until paid at six pei. cent. per an
mum, payable semi-aunually on the first
day of January and July of each year,
both principal and interest payable at the
Office of Charles Merriam, No. go State
street. Boston, Massachusetts, and in gold
coin of the United States of the then
present standard of weight and fineness.
And whereas said trust deed provided
that if default should be made in
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 :-i,en 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 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 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
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 sim
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 management ana sale or
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 discrim-
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 holders of said bonds,
they might at dnce 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 default made in all inter-
first day of January 1893, 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
trustees to sell said premises as provided
by said trust deed, and as hereinbsfore
ers of said bonds have duly exercised