The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1901-07-09
BIG MORTGAGE RECORDED
DEED OF TRUST FOR $3.50, 900 FILED
BY WILMINGT ION SEWERAGE GO.
1t was Given to secure S15O,OO0 of
Bonds Issued for the Purpose OF Con-
-~structine the Company's System OF
Sanitary Sewers IN Wilmington.

The Wilmington Sewerage Company
for which the Sanitary Sewer Company
of PHILADELPHIA is constructing a COM
plete system of sanitary ewers IN
Wilmington. has already hoated S10o'-
600 in bonds issued for the purpose or
uniting in the system The company
gave q mortgage and deed of trust for
$50. 600 to secure the bonds, n yes
terday morning about 10 o'clock it was
filed at the office of the register Of
deeds by the law firm of Bellamy &
Peschau, attorneys for the Wilmington
Sewerage Company.
The mortgage and deed Of trust is in
favor of the West End Trust and Safe
Deposit Company, of Philadelphia, Pa,
trustee for the bondholders. The In
strument is neatly printed and is quite
yoluminous. making a pretty good
sized booklet. 1t is under date of July
/ 1901, and it is security for 300 bonds
of the denomination of $500 each, bear
ing five per cent interest per annum
and running for 80 years.
The mortgage and deed of trust sets
forth that the Wilmington Sewerage
Company is a corporation organized by
a special act of the General Assembly
of North Carolina, ratified March .,
1893 and that the record is in behalf OF
the West End Trust and Safe Deposlt
a corporation of the State
of PENNSYLVANIA. trustee for the bond
L-Ilz-- t. f,,r+hnr catS forth that the
ntrume is to secure bonds issued
for the purpose of constructing ana eA-
tending a system of sewerage, which II
is fully authorized to do by virtue OF
the rights and powers vested In II un-
der said charter n chapter XVI OIL
the Code, to construct own, operate
and extend a system OF sewers n Oh
leasing, selling or renting the flgnt 10
connect thereunto the property owners
and others within the corporate limits
of the city of Wilmington and OF do
ing such other business as may be eS-
sential, desirable or convenient in con-
nection with the business OF furnish
ing sewer service to the citizens OF VIII
mington. md to borrow money for the
accomplishment of these purposes ana
the object of it's creation. to give It's
obligation therefor and to secure the
of the same by mortgage,
deed of trust. or other assurances un'
der seal.
The interest on the bonds is payable
in Nav and November of each and
every year, at the office of the trustee
in Philadelphia. On Jequest OF the bond
holder or bondholders. their names
may be registered upon the books OF
the Wilmington Sewerage Company
and such registry be noted upon his
her or their bonds and thereafter such
bonds are not transferable only by
written transfer On the books Of the
unless they are again made
payable to bearer by being transferred
to bearer on the books of the company
This provision does not affect the ne
~gotiability of the coupons OF the BONDS
so registered.
To secure payment to the trustee the
mortgage covers all the franchise, right
of way n privilege g~rantedsto the
Wilmington Sewerage mpa anC
all real estate. houses, leases. machln-
cry, pipes, tools. implements, fixtures
and all other property now owned ano
that may hereafter be acquired by the
Wilmington Sewerage Company from
the state, city or inhabitants of Will
mington.
The mortgage and deed of trust is
signed by the officers of the Whining
ton Sewerage Company w. E. Worth,
president and E. @. Parmele, secretary
and by the officers of the West End
Trust and Safe Deposit Company.
The Wilmington Sewerage Company,
having had it's plans approved by the
state board of health, the board OF
health of the city of Wilmington, and
by the board of aldermen. is actively at
work constructing its sewer system.
The disposal plant on Burnt Mill
Creek. at the northern n of Oakdalo
cemetery, will be completed next Tues
dow II &c ON extensive hrioE cfrlla-
ture and already several thousand dol
lars have been spent in its conStruc-
ton. Forty-five hands have been at
work under the supervision of Mr.. z.
F. Kitson. constructing engineer OF
the contractors. Messrs. VIM. Nc
Lean & Co. of Philadelphia. Mr.. j. P
Jones is foreman of the force of hands
The disposal plant IS for purifying
the sewerage before it is emptied into
Burnt Mill Creek. 1t is located on
lands bought recently from Mr.. Walter
G. MacRae. The bottom of the creek
is being filled in and it is quite an i'm
provement in that local city.
AS soon as the disposal plant is COM
pleted h company expects to begin
e~xcavating and laying its main towards
the city. There are no houses in the
vicinity so the ordinance prohibiting the
earth to be disturbed during the sum-
mer will not affect this work.
The disposal plant is located between
Bladen and Harnett and Thirteenth
and Fourteenth streets. Yesterday
Hon. John d. Bellamy. attorney for the
company. and Aldermen Harriss, Skin.
ner. Maunder n West, and other
gentlemen visited the works. Other
members of the board would have gone
but could not do so. They will go out
on Monday to inspect h work. Major
Chauncey Ives. Of Philadelphia, engi
neer for the Sanitary Sewer Company
is here and has general supervision
of the work. He is stopping at the Sea
shore hotel, on Wrightsville Beach.