The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1900-06-14
Trustees Sale.
GEORGIA Cobb County.


GEORGIA Cobb County.
Whereas, on the Faith day OF June 1899 the
| Marietta Paper Manufacturing Comnanv q
corporation having it's principal place of bust
ness in the city Of+Marietta, in said county and
hereinafter called the Paper Company, made
and delivered its trust deed to Moultrie N
Sessions as trustee for Joseph Paige, Saxon
A. Anderson and Jos. L. Wolcott, which said
deed was recorded on the Doth day of June 1899
in deed book W folio 2SO ct sequens of the
records Of said county, for the purpose of Sc
| cuSlng OF the said Saxon A. Anderson
against loss on loan of 10000
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
| for 81 10000, 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
| dSSuUleul by Salu IN IL. " OlcOtt, and are
now held by him against the said Paper Com
pany as maker and tie said Saxon A. Ander-
son and Joseph Paige as endorsers and secur-
! ities and
Whereas said trust 6eed provides that if any
default shall be made by the said Paper Com
| pany in the prompt arment of any debt, con-
! tract or obligation made, assumed. endorsed,
guaranteed or secured for said Paper Company
| by the said Joseph Paige, Saxon A. Anderson
and Joseph L. WOlcOtt. or any of them, at the
maturity thereof, and II the said Paper Compa-
/ @ pa Cro
| Saxon A. Anderson End Joseph L. WolcOtt,
or any'of them, from liability on any such at the
| tmaurity thereofand such default and failure
shall continue for as long as thirty days. then
and thereupon it shall he lawful for said trustee
/ to proceed to sell and dispose Of by one sale or
successiveor through several sales, all and sin
gular the premises, property, rights, interests
and franchises of said Paper Company. in said
trust deed conveyed, by first giving advertise
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
| she following debts of said Paper Company, a IL
of which have been due and unpaid for more
than thirty days, to-wit: The loan of SO 900. 90
| 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
SAG a. Marietta trust & Banking Company for
lanta, Ga, for $1,000, both Of which are en-
| dorsed by said Saxon A. Anderson and Joseph
| FalSe, ana assumed ana now neld by the said
Joseph L. WOlcott, 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
| door OF Cobb county, in the city of Marietta
within 1.-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
| 18th district and End section, being land-lots
4
1890 1901, 1902, 1923, 1929 and all of 1877 except
thirteen acres of the northeast corner, sold to
Edward Denmead. Also the following lots in
the 10th district and 2nd section of said county
| viz: 1852 and 1888. 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 ty which is used in the operation of said
property; 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
ana all improvements, requirements or addi-
tions made or to be made to any and all of said
property, together with all rights powers
privileges, immunities franchises Corporate or
otherwise, OF said Paper Company whether
now hei9 or hereafter acquired, with full pow
er IN SAID purchaser to succeed and enjoy all of
said,rlghts, powers, privileges, immunities and
franchises, together with all the rents. tolls,
issues increase, profits. privileges and fran
chlses growing out of or in any way appertain-
thereof. "' pow
Also all manufactured stock or raw ma terial
OF salu faper company now on hand or that
may hereafter be owned by said Paper Com
pahy' includlng 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
battng stock, cotton factory sweepings, and
al L, other stock Of any kind whatever
This item Is intended to cover all articles
enumerated herein in possession of said PaDer
Company at the time of the execution of the
said trust deed, as well 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
Code.
Also all books of accounts debts. obligations
andchoses in action belonging to said Paper
Company, or which it may hereafter own
The proceedsiof said sale shall be applied first
to the payment of all costs and expenses legiti-
mately incurred in tha making and bringing
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 So OOO.O 90
by the said Anderson, and sl50O.00 by
the said Paige, together with all interests ac-
crued thereon, and next for 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 & Banking
Company for $4,500.00, and to the Third Ma
ttonal Bank of Atlanta for IS 900 90, 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, il any, will be
sentative
The undersigned trustee, by virtue Of the
authority in him vested by said deed, will e1.
scute TO the purchaser or purchasers Of said
properties at said sale all necessary and proper
deeds and Instruments ofconyeyance, and will
also put said purchaser or purchasers Of said
properties into the possession thereof
This May 2sth, 1900