The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-04-13

enty-seven feet Cpd; thence north eight
/ 80 degrees fifty-seven minutes east, TWEEN
! ty-four hundred and FIVE and $40 (2405.5)
| 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 Q0112) feet; thence north
/ the center of said section number two %;
thence west forty-two hundred and nine
ty ,4,290 feet; thence south six hun
dred and sixty (6sW feet; thence east
three hundred and thirty $500 feet; thence
south six hundred and sixty (66O feet;
thence east three hundred and thirty
$500 feet; thence south thirteen hundred
and twenty Q320) feet; thence east nine
hundred and ninety $500 feet, to the
place of beginning, containing two hum
dred and seventy-nine and 95-10O (27995(
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 &C
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
Uses or property belonging or in anyWlSe
appertaining, and all reservations, ease
ments, privileges and 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 we'll in
law as in equity present or prospective.
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
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 per cent. per an
mum. payable semi-annually on the first
day of January and July of each year,
office of Charles Merriam, No. 80, 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
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 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
= I'LL Iz-t nd hot coli
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 a 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 and sale or
said property and of this trust, should he
applied 70 the liquidation of 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
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
on to the time of said sale. And whereas,
there has been default made in 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
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
70 dao1a fha rrr1,0 Of no
principal and interest due as hereinbefoTc
set forth, and to take the possession as
aforesaid of said premises and sell the
same as provided in said trust deed and
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,