The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1901-04-02
NOTICE OF THE SALE OF STOCK
OF THE COLUMBIA RIVER PACK.
EiiS ASSOCIATION. OF ASTORIA.
OREGON.
OREGON.

WHEREAS. on the 18th dnv OF
March. 1899. the National Packing Com.
pany for valuable confederation made
executed and delivered 10 the First Ma
tional Bank. OF Astoria, Oregon. lta
certain promlssory note wherein N
promised and agr ;ed to pay 10 the
order OF said bank six months after
cate for value received the sum OF $40 .
VOO with Interest thereon nftcr date
at the rate OF six per cent per annum
payable In United States gold coin. and
WhereaS. on the 10th day OF March.
100. the said National Packing Com,
pany, for value received made and de-
llvered TO said bank It's certain prom
issory no.e wherein II promised and
agreed TO pay to the order OF said bank
the sum OF $4,000. with interest
after date at tine rate Of six Der cent
per annum, payable In United States
gold cola: and.
whereas. on the 9Th day OF scptem-
Der, 1900. j. o. Hnnthorn. one of the en-
dGrscrs and guarantors OF the said notes
for the purpose OF securing the pay
ment thereof. transferred and assigned
az collateral. TO the said bank 2ssh
Jiares OF the capital stock OF the Co.
lumbla River Packers Association. OF
Astoria, Oregon. then owned by the said
D. y. Hanth0rn. as shown by certificate
NUMBER lbs. and at the same time and
as part or the same transaction the
said J. o. Hanthorn executed and de-
liYered TO the said bank n written assign
ment and transfer OF the said stock, re-
citing therein that the said stock was
transferred as collateral security for the
payment Of said notes. Including aIl
pluFUp4 and aNRanuaa - -
same and n reasonable attorneys fee
and authority was given therein 10 the
said bank by the said ]. o. Hanthorn
to sell the said shares OF capital stock
or any part thereof and any collateral
substituted fororadded to the same. with
or Without notice, at public or private
sale at the option OF said bank. on
the non-payment OF said notes and 10
apply the net proceeds OF such sale 10
the payment OF said notes, and al the
sale the Baid bank was authorized and
empowered to become the purchaser
thereof; and.
Whereas said certificate ~ stock was
afterwards surrendered 10 the aaid
Packers Association and a new certi-
ncate on stock In lieu thereof for 2gglh
shares was issued by said AesoclatIon
to said bank, as shown by certificate
number 49, and,
Whereas demand has been made for
the payment OF said notes, and said
notes still remain unpaid, and there 10
now due and unpaid thereon as prIncl- |
pal the sum Of $4,000 on one note and
$S9143l on the other note and interest
on each Of said principal sums from
March l, 1901. at the rate Of six per
cent per annum
NOW THEREFORE, NOTICE Is
HEREBY GIVEN, That under and In |
pursuance Of the said authority confer
red upon the Undersigned by the said ! |
O. Hanthorn, the undersigned will. on
Tuesday the 26th day Of March, 1901 |
at the hour Of 10 o'clock q, m. OF said |
day. at the front door OF the building |
now occupied by the said First Ma
tlonal Bank. In the City Of Astoria.
Oregon, sell at public auction for cash |
10 the highest bidder the said 288b |
shares Of capital stock of the |
said Columbia River Packers As-
ISOLATION, certificate number 17G |
and will apply the proceeds OF such |
sale to the payment OF said notes and
the costs and expenses Of sale.
Dated at Astoria, Oregon, this March
18th, 1901.
THE FIRST NATIONAL BANK OF
ASTORIA,
BY s. s. GORDON. Cashier.
This sale has been adjourned TO take
place at 10 O'Clock a. M, on Tuesday,
April End. at place above named.
3. y. GORDON. Cashier. |