The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-04-05

sell and Hannah r. Pursell. his wife, by
their certain deed Of trust. made and exc
cuted by them on the sixteenth day OF
May. 1891, to Ford G. Barclay and John
William Young, then delivered and duly
recorded in the Recorders Office in the
County Of Salt Lake and Territory OF
pages sos. did grant, bargain, convey
and confirm to the said Ford G. Barclay
and John William Young. who are the
parties Of the second part in said deed;
certain property. situate in the County OF
SaIt Lake and Territory OF Utah known
a s6ntb described 5eT5 as follows t9-wst the
(So1. plat d." Salt Lake City survey
which said conveyance was in trust TO
secure the payment OF a certain promis-
Sory note in words and figures following.
100000.
Salt Lake City. Utah. 18th May. 1891.
Two years after dave we promise to pay
10 The Pacific Investment Company or
bearer, One Thousand and no100 Dollars,
from date until paid. value received In
terest payable quarter-annually. Pay
able at the Office of The Pacific Invest
nsht company. Salt Lake City, Utan.
Join n. PURsELL.
HANNAH r. PURSELL.
And whereas, BY endorsement OF the
said note after the maturity thereof. pay
ment OF said note was extended 70 De-
ceInoer lst, 1898, and the interest thereon
May IS. 1888 ps sub Ssnt Rowever o' to the
terms and conditions of said deed or
trust And whereas, II was provided IN
But should default be made in the pay
ment or said note or Of the interest thaC
may accrue thereon, or any part thereof
as the same becomes due and payable, or
IN case OF the breach of any of the cove
nantS herein contained, then this deed
shall remain in force. and the said par
Ties OF the second part or either or them,
or the survivor of them or in the event
OF the death of both of them, or absences
from Salt Lake City. or refusal TO act, or
other disqualification for the performances
or the duties of this trust. then at the
request OF the holder of said note, the
treasurer Of The Pacific Investment Com
pany CWho shall thereupon become the
successor of said trustees and of the sur
VlVor or them TO the title TO said prop
erty. and the same become vested in him
IN trust, for the purposes and objects or
these presents with all the powers, duties
ana Obligations thereof, may proceed 10
sell said described property or any part
thereof at public Vendue. 70 the higheSc
bidder for cash. And whereas, the said
promlSSory note. together with all inter-
est thereon, from August &C. 1893. at the
rate or ten per cent. per annum unJil thiS
date remains wholly due and unpaid. And
whereas. further. said Ford q. Barclay
and John William Young are now absent
from the City of Salt Lake and Territory
of Utah. and thereby unable to perform
or discharge said trust; and the under
Treasurer Of The Pacific Investment Com
pany, and by the terms and conditions OF
said deed of trust has become the success
scr of said trustees so absent from the
City of Salt Lake and so disqualified 20
act as such trustees. and as such success
sor has become fully vested with all the
powers. duties and obligations of said
trustees. Now therefore. /. the under
signed, John W. Donnellan, trustee as
aforesaid, at the request of the payees
owner and holder of said note, and by
virtue OF the authority gwen me IN said
deed Of trust and in accordance with this
provisions CT said deed. will. on Thurs
day, the eighteenth day of April, 1895, be-
tween the hours of twelve o clock m and
three O'Clock p. nj. of that day. at the
south front door of the Court House (the
Joint City and County Building). I'm the
City and County of Salt Lake; Territory
of Utah, proceed to sell and sell the
above described real estate at public a1c-
ton to the highest bidder for cash IN
hand. in order 10 pay said note and inter-
est and the costs of this trust, or so much
thereof as il may pay; and upon such
sale being made. being thereunto duly au-
thorized by said deed. 1 shall make, exc
cute and deliver to the purchaser or pur"
chasers of said property a good and SUI
ficient deed or deeds, conveying all the
interest which said John y. Purcell and
Hannah r. Pursell, his wife, or either OF
them had in and TO the aforesaid real es-
tate on the sixteenth day of May. 1891,
and which 1 have and hold therein as
trustee aforesaid.
JOHN W. DONNELLAN,
Trustee under the provisions OF said
MARSHALL AND RoYLE. Attorneys.
Salt Lake City, Utah. March q, 1885.