The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1901-03-26

WHEREAS. on the lbth day OF
March. 1899. the National Packing Com.
pany for a valuable consideration made,
executed ana delivered 60 the First Ma
tional Bank. OF Astoria. oregon ila
certain pr1nlssory note wherein IL
promised and agr ed TO pay to the
order ot said bank six months after
cate Tor value received the sum OF $40
uV0 with interest thereon after date
az the rate ut six per cent per annum
payable In United states gold coin ANA.
Whereas. on the 10Th day ~ March,
O0. tn said Natlonu Packing Com
pany, Tor value received. made aud de-
llvcrcd 10 said bank It's certain prom.
issory more wherein II promised and
agreed to pay to the order pf said bank
The sum OF $1,000 with interest
after date at the rate ut six per cent
per annum. payable In United States
gold cola. and.
whereas. on the 9Th day uf Septrn.
b'r 1900 j. O, llanthorn. one Of the en-,
d.rscrs and Ru1rantora or IA, said notes.
i"t the purpose uf securing the pay
mrnt thereof transferred and assigned
a. collateral tn the sald bank 2SSLs
trarcs OF the capital stock ~ the Co
mmbla River Packers Association. ur
Astoria, Oregon. then owned by the said
J. o. Hanthprn. Us shown by certificate
number los, and az the same time and
as par. u the same transaction the
said ]. q. Hauthurn executed and dee
llNcrrd to the sald bank Il written assign.
men, ana transfer of the said stock. re-
citing therein that the said stock was
transferred as collatcru! security for the
payment VI said notes. Including all
charges and expenses OF collecting the
same aud . reasonable attorneys fec
ana authority was given therein 10 the
said bank by the said J. o. Hanthorn
10 s'll the said shares ~ capital stock
ur any part thereof ana any collateral
substituted rpruradlcd 10 the same. with
or without notice at public or private
}nle at the option of Rid bank on
tn uon-plym'nt NJ said notes and 10
tuplv the net proceeds uf such sale 10
the payment or said notes. and At the
sale the naid bank was authorized and
empowered to become the purchaser
thereof. and.
Where said certificate Of stock was
afterwards surrendered 10 the said
Packers Association aud nrw corti.
hcate u stock In lieu thereof Tor gSSts
shares was issued by said Asroclalion
to said bank, as shown by certificate
number li6, aud.
Whercls demand has been mad, for
the payment OF said notes. aud said
notes stlll remain unpaid. aud there liz
now due and unpaid thereon ~ princi. |
pal the sum or $4,000 on one note and
NS9li3l on the other note ana interest
On each ~ said principal sums from
March !, 1901 at the rate OF slx per
cent per anuum
NOW THEREFORE, NOTICE IS |
HEREBY GIVEN. That under and In
pursuance n the said authority confer. |
red upon the undersigned by the said ] |
q. HhnthOrn. the undersigned will. ON |
Tuesday. the goth day or March, 1901 |
at ths hour OF 10 o'clock a. m OF said |
day, at the front door of the building |
now occupied by the said First Ma.
uonal Hank. In the City OF Astolia. |
oregon. sell at public auction for cash |
10 the highest bidder the said 2ssh |
snareS Of capital stock OF the |
said Columbia River Packers Az.
ISOLATION. certificate number l7g |
and Will apply the proceeds of such
.ale to the payment Of said notes ana
the costs and EXPENSES NJ sale.
Dated at Astoria, Oregon. this March
18th. 1901.
THE FIRST NATIONAL BANK OF
ASTORIA.
BY s. S. GORDON. Cashier