The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-04-07


cuted by them on the sixteenth day of
May, 1881, to Ford G. Barclay and John
William Young, then delivered and duiy
recorded in the Recorders once Ta;,a IN 'o of
Utah. in Book F. of Trust Deeos.
pages 575-6. did grant. bargain. convey
and confirm to the said Ford g. B ra ths
parties of the second part in salo oeeu:
certain property. situate in the County OF
Salt Lake and Territory Of Utah kn9 nv, q
and described as follows, to-wit: me
south half of lot four a., block eighty
G0), plat 3D." Salt Lake City survey,
which said conveyance was in trust 70
secure the payment Of 6 certain oI RpUrirrls
to-wit:
100000.
Salt Lake City, Utah, 10th May, 1881
Two years after date we promise TO pay
to The Pacific Investment Company OF
bearer. One Thousand ana nol1OO DollaIS,
from date Until ii paid D Value received. In
terest payable quarter-annualiy- ray ray
able at the Office of The Pacific Invest
ment Company: Salt Lake City. utan-
JOHN. N. PURSELL.
HANNAH r. PURSELL.
And whereas, BY endorsement OF tne
said note after the maturity Thereon, pay
ment of said note was extended to De
cember LIST. 1893 and the interest tnereon
reduced to 10 per cent per annum 1rUl,i
May 10, 1888, subject, however, 10 l NE
trust And whereas, 1t was provloeo IL
SAID deed of trust among other tnlnSs'
But should default be made In the pay.
ment of said note or Of the interest tnat
may accrue thereon, or any part tnereoL
as the same becomes que and payapIe, vi
IN case of the breach of any OF the cove
snail remain in force. and the SAID par
ties of the second part or either or them,
or the survivor of them, or in the eVene
OF the death of both of them, or absence
other disqualification for the performance
OF the duties of this trust. then al me
Treasurer of The Pacific Investment Com
pany (who shall thereupon become the
successor of said trustees and OF the sur
vivor of them to the title to said prop
erty, and the same become vested in MN
IN trust. for the purposes and OBJECTS OF
these presents with all the powers, dutles
and obligations thereof, may proceed 70
sell said described property or any par
thereof at public vendue: to the hlgnesis
bidder for cash. And whereas, the SAID
promlssory note, together with all ihtS ~ :
est thereon, from August 10, 1898, at tIie
rate OF ten per cent. per annum until TINS
date remains wholly due and unpaid ana
whereas. further, said Ford G. 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 CON-
pany, and by the terms and conditions OF
said deed of trust has become the success
sor of said trustees so absent from the
City of Salt Lake and so disquallned 10
act as such trustees, and as such success
sor has become fully vested with all the
powers, duties and obligations of SAID
trustees. Now tn erefore, /, the under
signed, John w. Donnellan. trustee as
aforesaid. at the request of the payee,
owner and holder of said note, and py
virtue of the authority gwen me IN salu
deed OF trust, and in accordance win inc
provisions OF said deed, will. on Ihurs-
( day, the eighteenth day of April. 1880, De
tween the hours of twelve o'clock m and
three o'clock p. m. of that day, at tne
south front door of the Court House (tne
Joint City and County Buildingl. in the
City and County of Salt Lake, Territory
OF Utah, proceed to sell and sell the
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 mucI
thereof as it may pay; and upon such
sale being made, being thereunto duly au'
thoriZed by said deed, / shall make. exc
cute and deliver to the purchaser or pur'
+ chasers of said property good and sur
/ fcient deed or deeds, conveying all tbs
/ interest which said John \. Purcell anC
Hannah r. Pursell, his wife, or either Of
J them had in and to the aforesaid real es
I tate on the sixteenth day of May, 1891
I and which / have and hold therein as
J trustee aforesaid.
/ JOHN W. DONNELLAN,
Trustee under the provisions of sale
MARsHALL AND ROYLE. Attorneys
Salt Lake City, Utah. March q. 1895.