The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-04-11
TRUSTEES SALE.

TRUSTEES SALEM Office IS
hereby given that, whereas The Union
Stock Yards Company. a corporation, by
its certain. deed of trust. executed, &C
knowledged and delivered January l, 1892,
to Charles F. Morse and Elliott T. Rich
ardson as Trustees, and duly recorded
of Davis County, Utah. in book Fl, OF
Mortgages, page 50, etc, did grant, bar
gain, sell, convey and confirm to said
trustees, those certain premises situate in
Davis County, Utah, and described as:
Commencing at the southwest corner of
section number two %, township number
one %. north of range number one %.
west of the Salt Lake meridian; running
thence east thirty-two hundred and sew
enty-seven feet Cpd; thence north eight
80 degrees fifty-seven minutes east, TWEEN
ty-four hundred and five and $40 (24O5.5)
feet alcng the west line of the right OF
way of the Rio Grande Western Railway
Company; thence west ten hundred and
elevensand 2-10 Q01L2) feet: thence north
two hundred and sixty-four (26D feet to
the center of said section number two (2);
thence west forty-two hundred and nine
ty $3.50 feet; thence south six hun
three hundred and thirty $500 feet; thence
south six hundred and sixty $500 feet;
thence east three hundred and thirty
and twenty Q32O) feet; thence east nine
hundred and ninety 900 feet, to the
place of beginning, containing two hun
dred and seventy-nine and 90-100 (279.95)
equipments and appurtenanceS whatso-
ever thereto belonging and all franchises
connected with or relating 10 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
together
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 anyWlse
appertaining, and all reservations, ease
ments, privileges and inlmunities. 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
law as in equity present or prospective,
of the said party of the first part in and
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, 1887. 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 hneness.
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
he Of no nf on "a n
said bonds then outstanding said trus-
tees might, after such entrance and pos
session, sell all of said premises and
property, at Sucn time as said trustees
might appoint, and upon 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 I'D
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 mlgnt
think best, and that said trustees, or
either of them then acting, might make,
execute and deliver good and sufnc1ent
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
Stock Yards Company. and all persons
claiming 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 of said bonds
and the interest which may nave accrued
thereon and be unpaid, without diScrim-
nation 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
INF ar .
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
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
their option to declare the whole of the
principal and interest due as hereinbeforc
set forth, and to take the possession as
same as provided in said trust deed and
9s 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 at twelve o'clock noon. on Saturday,
the eleventh day of May, 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- masse. for 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.