The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1901-03-20

WHEREAS, on the 18th day OF
March, 1899. the National Packing Com.
pany FOR valuable consideration made,
| executed and delivered To the First Ma
| tionnl Bank. OF Astoria, Oregon It's
| certain promiAsory note wherein Il
promised and agreed to pay TO the
| order ot said bank six months after
date for value received the sum or slO,-
900 with interest thereon after date
at the rate ot six per cent per annum
payable In United states gold coin. and.
Whereas, on the 10th day OF March.
100. th' said National Packing Com.
pany, Tor value received. made aud de-
livrred Ia said bank It's certain prom-
ssoty nOc wherein II promised and
agreed to pay to the order Of said bank
the sum of $4,000, with interest
after date at the rate OF six per cent
per annum payable In United Statca
gold cola; and,
Whereas, on the 9Th day or Septcm.
ber 1900, j, q, llanthorn, one of the en-
d0rscrs and guarant0rs or the said notes.
for the purpose of securing the pay.
mtnt thereof transferred aud assigned
as collateral. 20 the said bank. gSn
jharcs ot the capital stock ot the Co
lumbia River Packers Association. of
Astoria, Oregon. then ownNl by the said
j. q, H0nth0rn. as shown by certificate
number l6S, and at the same time and
as part ~ the same transaction the
said j, q, Hanthorn executed ana de-
lNertd to tho said bank written assign.
mrnt aud transfer OF the said stock, re-.
citing therein that the said stock was
transferred as collateral security FOR the
payment Of said notes including all
charges and expenses of collecting the
same and reasonable attorneys fee,
ana authority WAS given therein tp the
said bank by the said J. q, llanthorn
tu s'll the said shares ~ capital stock
or any part thereof ana any collateral
substituted forOradicd 20 the same, with
ar without notice. az public or private
slle at the option Of said bank on
the non payment ~ said notes aud TO
ipplv the net proceeds Of such sale to
the payment of said notes. ana at the
sale the Maid bank was authorized and
empowered To- become thr purchaser
thereof. and.
Whereas said certificate ~ stock was
afterwards surrendered TO the said
Packers Association and new crrtl-
tcate of stock In lieu thereof Tor 2NSis
shares was issued by said AsHuciatiOn
g. said bank, as shown by certificate
number ljG. and.
Whereas demand has been mai, tor
the payment OF said notes. aud said
notes still remain unpaid. ana there II
now due and unpaid thereon rs princi-
pal the sum Of $4,000 on one note and
N9li3l on the other note aud Interest
on ga III n said principal sums from
March /. 1901. at the rate NJ six per
cent prr annum.
NOW THEREFORE, NOTICE Is
HEREnY GIVEN. That under aud IN
pursuance Y the said authority confer.
rcd upon the undersigned hy the said ].
q. HAnthorn, the undersigned wlll on
Tuesday. the Goth day of March 1901,
at th' hour of 10 o'clock a. IN. of said
lay, ut the front door NJ the building
now occupied by the said First Ma
tlundl Bank Ia the city of Astoria.
Oregon. sell AT public auction Tor cash
&C. the Highest bidder the said 2Ssis
snareS ~ capital stock or the
said Columbia River Packers AZ.
ISOLATION. certificate number li6.
and will apply the proceeds NJ such
sale 10 the payment NJ said notes aud
the costs and expenses of sale
Dated at Astoria, Oregon. this March
18th. 1901
THE FIRST NATIONAL RANK OF
ASTORIA,
ny s. s GORDON. Cashier.