The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-12-17
Notice of Sale Under ohattel Mort


WHEREAS. ON DECEMBER IS, 1897,
William ]. De Lashmutt of Salt Lake
City, Titan. as mortgagoI, SNcCutc6
acknowledged and delivered his certain
chattel mortgage of that date in and by
the terms and provisions of which We're
conveyed to John B. Cries of Salt Lake
City, Utah, as moTtgagee, the personal
property hereinafter described, as security
for the payment of twelve certain promds-
sorry notes of said nortgagor dated Dec.
is, 1897, payable to the order of said mort
gage, one for $500, due Dec. Is. 1898, with
interest at eight per cent per annum, ana
eleven notes for the sum of 500 each, due
Feb. 1, March /. April 1, May l, June l.
July l, Aug. 1, Sept. l, Oct. !, Nov. l, and
Dec. l, after date respectively, with in
terest at the rate OF ten per cent per
annum, which said chattel mortgage
was on Dec. IS, 1887, filed for record
in the office of the recorder of
Salt Lake county, Utah, and recorded in
book L. of chattel mortgages, on pages
353 354 and 355 thereof and
Whereas, Thereafter the said John B.
Cries assigned and transferred those Of
said notes remaining unpaid, together with
said chattel mortgage to the National
Bank of the Republic of Salt Lake City.
Utah. and
Bank of the Republic assigned and trans
ferred those of said notes remaining I'M
paid, together with said chattel mort
gage, to Nelden-Judson Drug company, a
corporation of Utah, and,
Whereas, Thereafter and on Dec. Z, 1898
there was due and owing upon the said
note for 800, due Nov. l, 1898, the sum Of
$40. with interest on 500, from Dec. Is,
1884, to Nov. l, 1898, at ten per cent per
annum, and there was due and owing the
said note for 500, due Dec. l. 1898, with
interest thereon at ten per cent per an
mum from Dec. Is, 1897 and the said
Nelden-Judson Drug company, being then
the legal holder and owner of the said
notes and said chattel mortgage, elected
to, and did declare the entire sum, Dr!n-
Il f,,Ar Il
the said notes secured by said chattel
mortgage, Immediately due and payable,
and.
Whereas, There is now due and owing
upon the said notes the sum of So with
interest from Dec. Is, 1897, to Nov. /, 1898,
at ten per cent per annum, and the fur
tl1er sum of 500. with interest at ten
per cent per annum from Dec. IS 1897 to
interest thereon from Dec. 49, 1897, to date
at the rate of eight per cent per annum,
Now, Therefore, notice is hereby given
that under and in virtue of the terms and
provisions of the said chattel mortgage,
the undersigned as trustee for and at the
request Of the legal holder and owner of
the said notes, unpaid as aforesaid, and
the said chattel mortgage securing the
payment of the same, will, on Saturday.
Dec. 81, 1898, at o'clock p. M, at the
store room located on the northwest cor
ner of Main and Third South streets, and
known as No. $50 South Main street, in
Salt Lake City, Utah, offer for sale and
sell at public auction to the highest and
best bidder for cash, for the purpose of
paying the indebtedness due as herein re-
cited, all the personal property mentioned
and described in, and conveyed by the
said chattel mortgage, and particularly
described as follows: All the personal
property Of every nature and description
contained and being in the store room
known as No. $50 South Main street, Salt
Lake City Utah, consisting of the entire
stock of drugs. medicines, toilet articles.
fixtures and furniture formerly known
as the Lambert Drug companys stock
and fixtures, the fixtures, consisting of
shelving. show cases. mirrors. counters.
bottles. soda water fountain, attachments
for same, and all other fixtures and fur
niture of every nature and description.
JOHN 3. CRIES.
Named as Trustee in said Chattel Mort
gage for the Legal Holder and of the
Notes Thereby Secured.
Dated Dec. II, 1898.