The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1901-03-22

WHEREAS, IN the 18th day of
March, 1899. the National Packing com.
pany for a valuable consideration made.
executed ana delivered 70 the First Ma.
tionnl Bank, of Astoria, Oregon, it's
certain pr1nissory note wherein It
promised and agr ed to pay TO the
order ~ said bank six months after
oltc Tor value received the SUM ~ $40. %
| 100 with interest thereon after date
~ the rate uf six per cent per annum
pay In United states gold coin aud.
Whereas on the 10Th day " March
| mn, tn said NatlnnN Packing com
panS FOR value rrvely 'd. made aud De.
liN'rrd 10 said bank IT, certain prom.
iSsoiy uu'c wherein II promised and
agreed To pay tu thu order uf said bank
The sum of $1,000 with interest
after date At the rate nf six per cent
p"r unnuW, payable in United States
gold cola, and.
Whereas. on the 9Th day of Scptcm-
brr, 1900. J. q. llaulhuru. one ~ The en-.
dUrsrrs and guIrdutDrr uf thr said notes.
fnr the purpose ~ securing the pay.
mrnt thereof. transferred and assigned
as collateral. Ia the said bank. 2SSrs
s,areS ~ the capital stock or the CO.
lumbia River Packers Association, ul
Astoria. Oregon. then owned by the said
J, o, Hanthhrn. rs shown hy certificate
number l6N, and ut the same time and
as pIr, II the same transaction the
said J. o. llanthorn executed and de-
llverrd 20 the said baak u written assign
mrnt and transfer VI the said stock. rr-
citing therein that the said stock was
transferred as collateral security FOR The
payment ~ said notes including All
charges and expenses Of collecting the
sirr aud a reasonable attorneys Zee.
ana authority was given therein o. the
said bank hy the said j. o. llnnlhorn
tO s'll the said shares ~ capital stock
or any part thereof ana any collateral
substituted rororadlrd tn the same. with
or without notice. at public ur private
ale at the option 0f said bank on
th' non payment II said notes and to
luulv the net proceeds of such sale to
ghr payment ~ said notes and at the
sale the Maid bank was authorized aud
empowered 20 become the purchaser
thereof. and,
Whcr as said certificate ~ stock was
afterwards surrendered 10 the said
Packers Association ana = usV certl-
hcltc of stock In lieu thereof tar 2ssis
shares was issued by said AyaoclAllun
~
number li6. and.
Whereas demand has been mai, fnr
the payment OF said notes. aud said
notes sim remain unpaid. aud there IT,
now due ana unpaid thereon tH prlncl.
pal the sun OF $4,000 on one note ana
Ss9li3i on the other note ana interest
on ga N ~ said principal sums from
March !. 1901. AT the rate of six per
cent per annum.
NOW THEREFORE, NOTICE Is
HEREBY GIVEN. That under and In
pursuanc. II the Flid authority confer
red upon the undersigned by the said ].
.. Hlnihorn, the undersigned will. on
Tuesday. the Goth day of March 1901.
at th' hour of 10 o'clock A. m VI said
day, at the front door NJ the building
now occupied by the said Flrst Ma
tlonal Bank. In the city " Astoria.
Oregon. sell at public auction for cash
a. thr highest bidder the said 1854
snareS of capital stock NJ the
said Columbia River Packers AZ
ISOLATION. certificate number iiG |
and Will apply the proceeds OF such |
sale 70 the payment of said notes and !
the costs ana expenses OF sale.
Dated at Astoria. Oregon. this March |
18Th. 1901
THE FIRST NATIONAL BANK OF
ASTORIA.
by s. S. GORDON. Cashier.