The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1900-06-28
Trustees Sale.
GE0RGIA--Cobb County.

SNoS~S - A>SA~s
GEORGIA--Cobb County.
Whereas, on the Path day of June, 1899. the
Marietta Paper Manufacturing Company. a
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. sWolcott. which said
deed was recO rded on the 29th day of June 1899,
in deed book ~, )" folio $50 ct sequens of the
records OF said county, for the purpose of Sc
against loss on 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 IN de, endorsed. advanced or guar
anteed by said parties or any of them, for said
Paper Company, and
Whereas, the said So xon A. Anderson and
Joseph Paige have endorsed and secured for
the said Paper Company its promissory notes,
one to the Marietta Trust & Banking Company
Tor S4,5OO.OO, and ore to the Third National
Bank of the city Of Atlanta for $1,000 which
said notes matured on the goth day of January,
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 as endorsers and secur-
ities 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 said Paper Company
by the said Joseph Paige. Saxon A. Anderson
and Joseph L. Nolcott, or any of them, at the
n Nrff I'll, !
ny shall fail to protect the said Joseph Paige.
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 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
gular 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 pu blished 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 50 900. 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 K Banking Company for
$4,000 and to the Third National Bank of At
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
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 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-
M in n 70 aud -rNN (t=Il
18th district and End section, being land-lots
Nos 1046, 1903. 1914 1875 1878 1919 1880 1885, 1882
1920, 10o1 1892 109S, 1929 and all of 1877 except
thirteen acres off the northeast corner, sold to
Edward Denmead Also the following lots in
the 18th district and End 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
property w hich 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
and all improvements, requirements or addi-
tions made or to be made to any and all of said
property, together with all rights, powers
privileges, 1mmunities 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
sad,rghts. powers privileges, immunities and
franchises. together with all the rents, tolls
issues, increase, profits, privileges and fran
chises growing out of or in any way appertain-
ing or belonging to said property or any part
thereof
Also all manufactured stock or raw ma terial
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
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 iwell as all articles of
like 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 2723 OF the new Civil
Code.
Also all books of accounts, debts, obligations
and chooses 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 the ,makinS. and bringing
about OF said sale, and the rema fnder 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, 3,000. 90
by the said Anderson, and 81 10000 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 desert bed as being made by said Paper
Company to the Marietta Trust & Banking
Company for s4,5OO,00, and to the Third Ma,
tiona Bank of Atlanta for SIS, 900. 90 endorsed by
the said Joseph Paige and Saxon A. Anderson,
and assumed and now held by said Joseph L.
Wolcott, with all interests accrued thereon.
The remainder of said funds. if any, will be
mai IgNHaa~ a d.
sentative.
The undersigned trustee, by virtue of the
authority in him vested by said deed, will ex-
properties at said sale all necessary and proper
| deeds and instruments Of conveyance, and will
also put said purchaser or purchasers of said