The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1901-03-29

WHEREAS, on the 10Th day ot
March. 1899. the National Packing Com
pany for valuable consideration made.
executed and delivered TO the First Ma.
lional Bank. OF Astoria. oregon. itn
certain prImlSslry note wherein II
promised and agr ed to pay to the
order of said bank six months after
Uatc Tor valuc received The Hum of slO,s
700 with Interest thereon after date
az the rate of six pcr cent prr ahnum
payable In United States gold coin, aud,
Whereas. on the 18th day ~ March.
/ 100. tn, said National Packing Com
pany, for value received. made Rni dc.
liyrrcd 10 said bank It's certain prom.
lssofy no'e wherein It promised aud
agreed 10 pay 10 the order ~ said bank
the sum OF $4,000 with luIcrcst
after date AT the rate " six per cent
per aunum. payable IN United states
gold cola. and.
Whereas. on the 6th day " Soptcm.
Der, 1900. j, o, Hauthurn. one OF the en-
dorsrrS ana guariutnrs pf the said notes.
fnr the purpose " securing The pay
meat thereof transferred ana assigned
as collateral. 10 the said bank. 2Nsh
5aarcs of the capital stock " the Co
lumbi0 River Packers Association. OF
Astoria. Oregon, then Owned by the said
j, ., Hanthorn, as shown By certificate
number lbS. and at the same time ana
as par. of the same transaction the
said j. q, Hanthorn executed and de-
llvcrcd 90 the said bank a written asslgn-
ment ana transfer Of the said stock. re-
citing therein that the said stock was
transferred as collateral security Tor the
payment OF said notes including all
charges and expenses OF collecting the
same and reasonable attorneys fec.
and authority was given therein to the
said bank by the said J o. Hhn,horn
Ia s'll Ihr said shares ~ capital stock
or any part thereof and any collateral
substituted fpTorad led 10 the same. with
or without notice, at public or private
tale AT The option og said bank on
the uon-payment " said notes and 20
1Dplv the net proceeds VI such sale 10
the payment OF said notes. ani a. the
sale the uald bank was authorized aud
empowered TO become the purchaser
thereof; and
Whereas said certificate NJ stock was
afterwards surrendered 10 the said
Packers Association aud a new rcrti.
hcate of stock In lieu thereof f1r s,sts
shares was issued by said Asaoclation
10 said bank. as shown hy certificate
number l76. and,
whereas demand has been mai, fot
the Payment of said notes. ind said
notes btlll remain unpaid. aud there IN
now due and unpaid thereon as prlnrl-
pal the sum Of $4,000 on one mote and
$S9li.3l on the other note and interest
on each uf said principal sums from
March !, 1901. At the rate uf six pcr
cent per annum.
NOW THEREFORE, NOTICE IS
HEREBY GIVEN. That under and In
pursuance " the gald authority confer
red upon the undersigned by lhc said ]
.. Hanthorn, the undersigned vii ON
Tuesday. the 26th day of March. 1901
az the hour OF 10 o'clock a m. VI snld
day. at the front door OF the building
now occupied by the said First Ma
tlonal Bank In the City OF Aatorla
Oregon. sell at public auction for cnsh
a. the highest bidder the Rili osyiL
shares OF capital stock nf the
said Columbia River Packers A..
ISOLATION. certificate number liG
and VIII apply the proceeds NJ such
sale to the payment OF said notes and
the costs and expenses NJ sale
Dated at Astoria. Oregon, thlH March
18th, 1901.
THE FIRST NATIONAL BANK or
ASTORIA,
BY s. s. GORDON, Cashier
This sale has been adjourned tn take
place at 10 o'clock a. m. on Saturday.
March GOTH at place above named.
s. S. GORDON Cashier