Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1900-05-18
NOTICE.

Trustees Notice of the Sale
of Valuable Property, Real
and Personal, part of the
Real Estate Situate in Taze-
we'll County, Virginia, and
part of it in Mercer County,
West Virginia.
On the 9th day of January, 1897. The
Graham Blueield Electric Light and
| Power Company, a corporation of the
State of Virginia, doing business i'm
the State of West Virginia, and How
ard ). Graham and Margaret Thayer
Graham, his wife, of Philadelphia, Pa.
conveyed respectively, the property
herel natter mentioned and described to
Frederick Nj. Leonard, trustee, for
the purpose OF securing the payment
OF the principal" OF certain bonds an
thOrized by the Board of Directors of
said corporation to be issued at a meet
ing held on the Sth day of January.
1897, amounting to the sum of Fifteen
Thousand Dollars, said bonds being for
the sum OF 100000 each and known
as seven per cent. 10-years mortgage
gold bonds" and numbered from to Is
inclusive, and bearing interest from
the first day of February, 1897, at the
rate OF seven per cent. per annum pay
able semi-annually in gold coin ut the
ONCE or agency OF said company in the
city Cf Philadelphia, and said deed of
trust being made for the further pur-
| pose OF securing the payment of the
interest to accrue OH said bonds and
the taxes upon the said principal and
interest of said bonds, &c. The said
deed of trust was duly recorded in the
clerks Office of the county court of
Mercer county, West Virginia in T. ID.
book No. z, pag. ~, &C., and in the
county court clerk s office of Tazewell
county, Va, III deed took 30, pgs, / :.
&c. After the making of said trust
deed to the said Leonard, trustee, AS
aforesaid, TO wit: or the 18th day of
June, 1899, the said Leonard resigned
his positiOH of trustee in and under
said trust deed: and the undersigned
was OH the 10th day of August, 1899. by
an order of the circuit court of Mercer
county, West Virginia, and afterwards
on the 18th day of September, 1899, by
an order Of the county court of Taze
well county, Virginia, made i'll each case
on proper application to said courts.
respectively, by the East River Elec-
URIC Company, corporation, who at
said times and now is the holder and
owner of all of said bonds of said Ora
ham, Bluefield Electric Light and Pow
er Company, the undersigned was APP
pointed trustee in the room and stead
and with all the powers, duties, &C., of
the said Frederick NJ, Leonard, under
said trust deed.
And whereas, OH the 2Ist day OF J une.
| 10
pany, cOrporatian organized under
the laws of w. Va. became the owner of
all OF said fifteen one thousand dollars
"seven per cent. ten-years mortgage
gold oondS,' by purchase from the
former owners thereof; and whereas,
/ There was due aud III arrear to the said
East River Electric Company, a corpo.
ration, OH the 10th day of November,
1899, on said bonds a large sum of mon
ey, aggregating about S2,100.0O for the
seml-annual interest thereon.
And whereas, a demand was made on
the 10th day of November, ! 500, on said
Graham Bluelield Electric Light and
Power Company, Il corporation as afore
said by said East River Electric
company, operation as aforesaid,
for the payment of the said sum of
10000 interest, as authorized by the
terms and conditions of said trust deed
of January 9th, 1897.
And whereas, more than sixty DAYS
have elapsed since the makin of the de-
mand aforesaid on said Graham Blue
held Electric Light and Power COmpa-
ny, Il corporation as aforesaid, for The
payment of said interest So in arrear.
and the said Graham Blueiield Electric
Light and Power Company, corpora
Jlon, having failed for all said period
To pay said interest, and still fails to
pay same, right hath accrued, accord
ing to the terms and conditions of
said trust deed, to the said East River
Electric Company, the holders of SAID
seven per cent. ten-year mortgage
gold bonds, TO enforce the execution
of said trust deed to pay off and dis
charge all said bonds, principal and ill.,
terest, and costs Of executing the said
trust.
And whereas, the said East River
Electric Company, the holder of SAID
bonds, hath III writing requested the
undersigned trustee 10 make sale of the
property conveyed In said IL usL deed
Tor The payment of said bonds and the
interest accumulated thereon.
Now. therefore, notice is hereby given
That the undersigned trustee, by virtue
OF the authority vested in him by the
of the courts herelnbef re set out. Will
o1fer Tor sale at public auction to the
highest and best bidder ut the front
door OF The Citizens Bank, in the city
OF Bluefield, in said county of Mercer.
State of West Virginia, on the
Tenth Day of rIay, loco,
the following property conveyed by the
deed OF trust aforesaid by said Graham
Dlueheld Electric Light and Power
Company, lying in the County of Mer-
Ger, West Virginia and the cOunty of
Iazewell, Virginia, as hereinafter set
out, that is to say:
FIRsT-Plant and yard. All that
certain lot or parcel OF land in the 'sDa-
wilson tract" near Blueiield, in the
county Of Mercer, and State of West
Virginia, described and designated as
follows: One lot, part of section 1874
upon a proposed subdivision of lots i'm
the davidson tract" situate ON the
horth SIDE or Bluefield avenue at the in
ho Art1