The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1900-07-05
Trustees Sale.
GEORGIA. Cobb County

GEORGIA Cobb County.
Whereas, on the Path day of June, 1899 the
Marietta Paper Manufacturing Company, a
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 Goth day of June 1899,
in deed book 'Y.' folio 28O ct seQuens of the
records OF said county, for the purpose of Sc
curing OF the said Saxon A. Anderson
against loss on loan of 100000,
made by him to the said Paper COMPANY,
and the said Joseph Paige against loss on
loan of 81 800, made by him to 1.-THE said Paper
Company, and for the further purpose of secur-
ing, protecting and Indemnify1ng 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 theret ofore made or loaned.
advanced, endorsed. assumed, guaranteed or
otherwise secured for said Paper Company
ana against loss upon any and all debts. con
tracts or obligations " hich might thereafter
be assumed made, endo rSed, advanced or guar
anteed by said parties, or any of them, for said
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 S4,50000. and one 10 the Third National
Bank of the city of Atlanta for $1,000 which
said notes matured on live 10Th 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 A. Ander-
son and Joseph Paige - endorsers and secur-
tiles; and
Whereas, said trust Ct d provides that if any
default shall be made y the said Paper Com
pany in the prompt payment of any debt, con-
tract or obligation mace, assumed. endorsed
guaranteed or secured for said Paper Company
by the said Joseph Pa. ye. Saxon A. Anderson
and Joseph L. Wolcott. or any of them. at the
maturity thereof, and il he said Paper Gonna
ny shall fail to protect the said joseph Paige
Saxon A. Anderson aud Joseph L. Wolcott
or anyof them from liza rility on any such at the
tmaurity thereof,and such default and failure
shall continue for as long as thirty days then
and thereupon it 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
guar the premises, property, rights, interests
and franchises OF said Paper Company. in said
trust deed conveyed, by first giving advertise
ment thereof 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, al
OF which have been due and unpaid for more
than thirty days, to-wit: The loan of s.. OOO. 90
made by Saxon A. Anderson to said Paper
Company; the loan of 81 500 made by said
Joseph Paige to said Paper Company the said
notes made by the said Paper Company to the
said Marietta Trust Banking Company for
$500, and to the Third National Bank of At
lanta, Ca, for $1,000, both of which are en-
dorsed by said Saxon A. Anderson and Joseph
Paige, and assumed and now held by the said
Joseph l.. Wolcott, and by virtue of the author
lty 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 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:
ing in said State and county of Cobb. in the
18th district and End section, being land. lots
Nos. 1896 1885, 1914 1875 107S 1919 1880 1885, 1889
1920, 1921, 1892 1923, 1899 and all of 1917 except
thirteen acres off the northeast corner, sold to
Edward Denmead. Also. the following lots in
the 10th district and End section Of said county
viz 1852 and 1858. All of said lots containing
forty acres each, more or less, and all the ma
per machinery pulp min machinery, and ali
the machinery of any description on said prom
erty, together with all the paper stock Of all
KINGS stored IN the warehouses and mills on
salu 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 ana al improvements, replacements or addi-
lions made or to be made to any and all of said
property, together with all rights. powers.
privileges, tmmunities franchises cornorate or
otherwise, OF said Paper Company, whether
now held or hereafter acquired with full now
er IN said purchaser to succeed and enioy all Of
saldrlghtS, 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 appertaiIl-
thereof ''4' POI
Also all manufactured stock or raw ma taria1
OF sald Paper Company now on hand or that
may hereafter be owned by said PaDer Com
pany, including cotton batting cotton 1yoCta
paper IN rolls ana bundles, paper materials
raw, wrought, and i'll process of mannfsctnra
cotton linters, paper stock. waste stock cotton
batting stock, cotton factory sweepings. and
all I other stock of any kind whatever.
This 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 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. ~" wv
Also all books of accounts. debts. obligations
ana choses IN action belonging to said Paper
Company, or which it may hereafter own
The proceedsiof said sale shall he an0iiaj & ret
to the payment Of all costs and EXPENSES Iegiti
mately incurred in TIL making and bringing
r ~ vi esia sale ana the remainder thereof
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 81 600 M
by the said Anderson, and 81 500 % nv
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 nv said Psner
Company to the Marietta Trust & Rankin1
Company for S4,5O0.0O, and to the Third Ma.
tional Bank Of Atlanta for s., 100000 endorsed by
Lhe SAID Joseph Paige and Saxon A. Anderson,
and assumed and now held by said Josenh T.
OMN,olcott, with all interests accrued thereon.
the remainder Of said funds, If any, will be
sentative. P' - 40 'pi0
Inc undersigned trustee, by virtue OF the
authority in him vested by said deed. will ex-
ecute TO the purchaser or purchasers of said
properties at said sale all necessary and proper
deeds and instruments of conveyance, and will
also put said purchaser or purchasers of said
properties into the possession thereof.