The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1900-06-07
Trustees Sale.
GEORGIA--Cobb County.


GEORGIA Cobb County.
! Whereas, on the Path day of June, 1892 the
Marietta Paper Manufacturing Company, q
corporation having its principal place OF bust
ness in the city ofMarietta, in said county and
! hereinafter called the Paper Company made
and delivered its trust deed to Moultrie NJ
sessions as trustee for Joseph Paige, Saxon
A. Anderson and JOS L. Wolcott, which said
deed was recorded on the 10Th day Of June 1892
in deed book ~" folio $50 ct sequens of the
curing OF the said Saxon A. Anderson
against loss fon q loan of 100000,
made by him to the said Paper Company,
and the said Joseph Paige against loss on a
! loan OF 81 800, made by him to the said Paper
Company, and for the further purpose Of secur-
Ing, protecting and lndemnifying the said JOS
| eph Paige, Saxon A. Anderson and Joseph L.
! Wolcott against loss upon any and all debts
| contracts or obligations which said parties or
any OF them, had heretofore made or loaned,
advanced, endorsed, assumed, guaranteed or
| otherwise secured for said Paper Company,
and against loss upon any and all debts, con-
tracts or obligations which might thereafter
| be assumed made, endorsed, advanced or guar
anteed by said parties, or any of them, for said
! Paper Company, and
Whereas, the said Saxon A Anderson and
| Joseph 'Paige have endorsed and secured for
the said Paper Company its promissory notes
one to the Marietta Trust IL Banking Company
Tor $4,000, and one to the Third National
| Bank OF the city Of Atlanta for $1,000, which
said notes matured on the Goth day Of January,
! 1900. and both of which said notes have been
assumed by said Joseph L. Wolcott, and are
| now held by him against the said Paper Com
| pany as maker and the said Saxon l. Ander-
son and Joseph Paige as endorsers and secur-
| tiles; and
! Whereas, said trust deed provides that if any
default shall be made by the said Paper Com
| pany In the prompt payment Of any debt, con-
tract or obligation made, assumed, endorsed,
| guaranteed or secured for lid Paper Company
| by the said Joseph Paige. Saxon A. Anderson
and Joseph l.. WolcOrt. or any of them, at the
maturity thereof, and if the said Paper Compa-
/ a fn L., ~.
saxon A. Anderson and Joseph L. Wolcott
or any,of them from liability on any such at the
tmaurity thereof,and such default and failure
shall continue for as long as thirty days then
and thereupon ii shall be lawful for said trustee
TO proceed to sell and dispose of by one sale or
successive,or through several SALES all and SIN
and franchises of said Paper Company in said
trust deed conveyed, by first giving advertise
ment s,thereot once week for four successive
weeks in some newspaper published in the CITY
! OF Marietta and likewise in some daily newspa-
per printed in the city of Atlanta
NOW for the purpose of making payment of
| the following debts of said Paper Company, all
| OF which have been due and unpaid for more
than thirty days, to-wit: The loan Of 100000
made by Saxon A. Anderson to said Paper
! Company; the loan of 81 800 made by said
/ Joseph Paige to said Paper Company the said
notes made by the said Paper Company to the
said Marietta Trust Il Banking Company for
$4,000, and to the Third National Bank Of At
lanta, Ga, for 5000, both of which are en-
dOrsed by said Saxon A. Anderson and Joseph
Paige, and assumed and now held by the said
Joseph l.. Woleott. and by virtue of the author
ity in said deed contained, the undersigned
Trustee, Moultrie NJ. Sessions, will sell to the
highest bidder, for cash. before the courthouse
o9or of COBB county, in the city Of Marietta,
within the legal hours Of sale. on the first
Tuesday in July next, the properties Of the
said Paper Company hereinafter described as
follows, tO-wit.
All that tract or parcel OF land lying and be-
ing in said State and county .of Cobb, in the
Iith dlstrlet and End section, being land-lots
Nos 1046, 1858, 1874 1918, 1918 1872 1885, $685. 1882
lOeO, 1921, 1892 1923 1909 and all of 1917 except
thirteen acres of the northeast corner, sold to
Edward Denmead. Also-the following lots i'll
the 18th district and End section of said county
viz: 1892 and 1853. All of said lots containing
forty acres each, more or less, and all the pa
per machinery, pulp mill machinery, and all
the machinery of any description on said prop
erty, together with all the paper stock of all
kinds stored in the warehouses and mills on
said property; also all manufactured goods,
wagons and SIX mules. stock feed, ETC., on said
proper (which Is used in the operation OF said
properly. This property is known as the paper
mill on Soap creek.
Also all things in action, leaseholds, leases.
rights under leases or under contracts, cove
nants and agreements, terms or parts of terms
and .all Improvements, requirements or addi-
tlons made or to be made to any and all of said
proPe1ry, together with all rights powers.
privileges, tmmunities franchises, Corporate or
otherwise, of said Paper Company whether
now held or hereafter acquired, with full pow
er IN said purchaser to succeed and enjoy all of
said,rlghts, powers, privileges, immunitfes and
franchises, together with all the rents tolls
Issues, increase, profits, privileges and fran
cnlses growing out OF or in any way appertain-
ing or belonging to said property or any part
thereof. F
Also all manufactured stock or raw material
OF sald Paper Company now on hand or that
may hereafter be owned by said PAPER Com
pany including cotton batting cotton waste
paper in rolls and bundles, paper materials
raw, wrought and in process Of manufacture,
cotton linters, paper stock, waste stock cotton
batting stock, cotton factory sweepings and
all other stock of any kind whatever
rms Item Is intended to cover all articles
enumerated herein in possession Of said Paper
company at the time of the execution of the
said trust deed as iwell as all articles Of
ike classes, which the said Paper Company
may acquire or possess in the future the lien
to be lost on all sales made from said stock in
regular course Of trade and to attach TO all new
purchases and additions made thereto as con-
templated by section 1928 Of the new Civil
Code.
Also all books Of accounts debts. obligations
ana chooses in action belonging to said Paper
company, or which it may hereafter own.
TO the payment OF all costs and expenses legiti-
mateIy incurred III thu making and bringing
about OF said sale, and the remafndS thereof,
or so much as may be necessary, shall next be
applied for the equal pro rata benefit
and payment to said Saxon A. Anderson
and Joseph Paige Of the moneys loaned
by them to said Paper Company, viz, 80, 10000
by the said Anderson. and s15OOO0 by
the said Paige, together with all interests ac-
crued thereon, ana next Tor the equal pro rata
benefit and payment of the two notes herein
before described as being made by said Paper
Company to the Marietta Trust d. Banking
Company for A.500.OO and to the Third Ma
tional Bank of Atlanta for IS 10000, endorsed by
the said Joseph Paige and Saxon A. Anderson,
and assumed and now held by said Joseph L.
Molcott, with all interests accrued thereon.
The remainder OF said funds, if any, will be
paid oyer to said Paper Company or its repre-
The undersigned trustee, by virtue of the
vested nv viii
ecute TO the purchaser or purchasers OF said
properties at said sale all necessary and proper
deeds and Instruments ofconveyance, and will
also put said purchaser or purchasers of said
properties into the possession thereof.