The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-04-14

TRUSTEES SALEM TICE IS
hereby given that, whereas The Union
its certain deed of trust. executed, ac-
knoWledged and delivered January l. 1892,
10 Charles f. Morse and Elliott L. Rich
January D, 1892, in the Recorders Office
! OF Davis County, Utah, in book Fl" of
Mortgages, page %, 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 (2), 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 (3,2IO; thence north eight
| 90 degrees hfty-Seven minutes east, TWEEN
ty-four hundred and five and $40 (24055)
1eet 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 Q011O feet; thence north
two hundred and siXty-four $50 feet to
the center OF said section number two q;
thence west forty-two hundred and nine
" (4,Z9V feet; thence south six hun
dred and sixty 66O feet; thence east
three hundred and thirty $3.50 feet; thence
south six hundred and sixty (660) feet;
thence east three hundred and thirty
(5S0) feet; thence south thirteen hundred
and twenty Q32O feet; thence east nine
hundred and ninety $500 feet, to the
place or beginning, containing two hun
dred and seventy-nine and $500 (279.S5)
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
CURED 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
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 well 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
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,
both principal and interest payable at the
office of Charles Merriam, No. so, State
street. Boston, Massachusetts. and in gold
coin of the United States of the then
present standard OF weight and fineness.
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 upon the said prem
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 adj
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 |
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 SIN !
gular the said premises, property, rights /
and franchises, which sale and deed or
deeds should be a perpetual bar both in /
Stock Yards Company and all persons /
by or through it; and the net 4
proceeds of such sale after paying the eX- /
DenSeS 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 have accrued Z
thereon and be unpaid, without discrim- [
nation or preference but ratably upon [
said bonds and interest. And whereas. I
the said trust deed further provided I
that in case of default in the payment of /
into ~ fhar, n
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
eluding 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 4
said bonds have since requested said +
trustees to sell said premises as provided
oy said trust deed. and as hereinbefore Il
set forth, and said legal owners and hold
srS of said bonds have duly exercised
heir option to declare the whole of the
and interest due as hereinbeforc
;et forth, and to take the possession as :
same as provided in said trust deed and
Is hereinbefore set forth. Now. there
ore, in consideration of the premises and
IF said trust deed, notice is herby given
hat said trustees will sell ar public auc-
ion at twelve o'clock noon. on Saturday,
he eleventh day of May. 1885. at the Of
ice of said company, on said premises,
III the property and premises hereinbe-
ore described, or so much thereof as may
,e necessary, en- masse, for cash, to the
highest and best bidder, TO realize the
;um of fifty thousand dollars and inter-
st thereon at six per cent. per annum
rom January l, 1898, to time of this sale,
n United States gold coin,. together with
he costs of this trust and expenses of
ale.
Dated April II. 1895.
CHARLES +. MORSE,
III TOTuTs TTCHAPTCON