The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1901-03-31

WHEREAS. on the 18th day of
March, 1899. the National Packing Com.
pany Tor a valuable consideration made,
executed and delivered 60 the FirHt Ma
tional Bank. NJ Astoria, oregon. It's
certain promissury note wherein II
promised and agreed to pay 10 the
order os said bank six months after
Gate ror value received the sum of SO.
zoo with Interest thereon AFTER date
at the rate VI six per cent per annum
payable In United States gold coin, and,
whereas. on the 18th day " March,
! 100. the said National Packing Com.
pany FOR value received. made aud de-
liNrrcd 10 said bank itH certain prom
lssoty nO'e wherein II promised and
agreed TO pay 70 the order uf said bank
the sum OF $4,000 with interest
aT'cr date at the rate OF six per cent
per annum. payable In United States
gold cola; and.
whereas, on the 9Th day of Srptcm.
Der. 1900 ]. ., Hanthorn. one of the en-
dHrscrS and guaranturs OF the said notes.
Tor the purpose of securing the pay.
ment thereof transferred aud assigned
as collateral. 10 the said bank gSSs
Sharcs OF the capital stock ot the CO.
lumbia River Packers Association. OF
Astoria, Oregon, then owned by the said
j. o. Hanthorn, az shown hy certificate
number l6s, and At the same time and
as part OF the same transaction the
said j. o. Hanthorn executed and de.
hvered TO the said bank a written assign.
ment ana transfer Of the said stock. re-
citing therein that the said stock waR
transferred as collateral security for the
payment OF said notes. including all
ehafScs ana expenses OF collecting the
s9nlr aud a reasonable attorneys fee
ana authority waA given therein 10 the
said bank by the said J. .. Hanthorn
10 sou the said shares Of capital stock
or any part thereof ana any collateral
substituted fororad led 10 the same, with
or without notice. AZ public or private
sale at the option OF said hank, on
the non-paymcnt Of said notes and to
auolv the net proceeds of such sale TO
the payment OF said notes. and az the
sale the naid bank was authorized ANA
empowered TO become the purchaser
thereof, and.
Whereas said certificate Of stock was
afterwards surrendered 10 the said
Packers Association and new ccrtl.
ncate Of stock In lieu thereof for 2Ssh
shares was issued by said Association
10 said bank, az shown by certificate
number l76; and.
Whereas demand has been made fol
The payment OF said notes, aud said
notes silll remain unpaid, aud there ~
now due and unpaid thereon aA princl.
pal the sum Of $4,000 on one noie ana
IS9lfd on the other note ana interest
N each u said principal sums from
March |, 1901. at the rate OF six per
'cnt per annum.
NOW THEREFORE, NOTICE is
HEREBY GIVEN. That under ana In
pursuance " the said authority confer. |
ed upon the undersigned by the said J. |
,. Hhnthorn. the undersigned will. on
Tuesday. the goth day OF March, 1901, |
II the hour OF 10 o'clock a. IN. OF said |
lay. nt the front door OF the building |
low occupied by the said First Ma |
lonal Bank. In the City OF Astoria.
)regnn. sell at public auction for cnah |
q the highest bidder the said 2ssI
mares OF capital stock OF the
hd Columbia River Packers As
0clauon, certificate number i7G. |
nd Will apply the proceeds OF such
ale to the payment Of said notes and
he costs and expenses OF sale.
Dated at Astoria. Oregon. this March
jth. 1901
HE FIRST NATIONAL BANK OF
ASTORIA.
By s, S. GORDON. cashier.
This sale has been adjourned 10 take
lace at ? o'clock p. m, on Monday
.prll lst, at place above named.
$. 4 GORDON. Cashier.