Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1902-09-20
NOTICE OF TRUSTEES, SALE.

! On August 10th. 1902. at Portland. Maine
SEWALL G. STROUT. Judge Of the SUI
preme judicial Court sitting in Equity.
made the following decree for the sale
of the slate quarry property as described
I, IN said decree, held by JOHN II KIM
| BALL and ELBRiDGE A. THOMPSON,
trustees under the mortgage given to Sc
cure the bonds of the Monsoon Maine
Slate Company. which mortgage IL dated
lSI and acknowledged September LIST,
1887. and recorded in Piscataqnis Regis
and 1l6
| 1t Is ordered. a6judged and decreed
that John +. kimball and Elbridge A.
Thompson. trustees as aforesaid, are here
| by ordered to sell at public auction to the
highest bidder soon as practicable.
subject TO the approval Of the Court, at
Maine Slate Company. in said Monson all
| the real estate and personal property
covered by the aforesaid mortgage, to
wit:
| All the real estate. including The quar-.
ries. machinery and fixtures belonging
to said Monson Maine Slate Company,
ana all interest OF said Slate Company III
any OF the companies managed or oper-
ated by said Monson Maine Slate COM
pany on the said first day of September
1887. or since that date. now belonging to
| said Slate Company, with the slate sheds
at Abbott in the State of Maine aforesaid:
and also all the real and personal prop
Hotel Company and situated in said Mon
son; meaning hereby to convey all and
singular the premises and property to the
isaid Monson Maine Slate COMPANY con-
lveyed by the deed of John r. Kimball
trustee. dated January L. 1887 and re-
corded in the Registry of Deeds Of Pts.
| to said Kimball conveyed by certain deed
dated March 81 1856. and recorded in said
| Registry, volume So. page II, and GER
| tain other deed dated December /, 1856.
and recorded in said Registry. volume 81.
page 119, and ali the property, real and
personal. then held by said defendant
| company, or to which the said defendant
company was entitled. including quarries.
| machinery and fixtures owned by said
| Monson Maine Slate Company IN 1887 at
| the time said mortgage was given and
described in a deed given by the Union
Slate Company to the Monsoon Forest
corded in said Registry. volume IS, page
81; and in another certain deed given by
! Charles III. Fifield and David r. Straw to
said Monson Maine Slate Company, dated
January Il, 1887 together with. all the
land, quarries, slate. veins, buildings.
machinery and fixtures then owned by
the said Monson Maine Slate Company or
/ which has since been acquired by virtue
| of any contract then made or otherwise.
and is now owned by said Slate Company
and covered by said mortgage, excepting
| therefrom a certain tract of land compris-
| ing about one thousand acres Q,WO
situate in said Monsoon. and known as the
| Rice Tract; and also the property pro-
| duced by the operation of said quarrfes
|
erty purchased with the proceeds or the
| sale of the same, and now in said Mon
son. the credits given therefor and ali
rights of action arising from sales of slate
| produced since February 18th. 1870. all to
be sold in one lot or parcel; that the
said trustees shall require the person.
persons or corporation intending to bid
| for said property to deposit with the
| auctioneer before the bidding therefor
shall commence two thousand dollars
Issooo) in cash or certified check for a
4 a WI ~ ha ROT,
| after the sale should he fail to be the
| highest bidder. IL the highest bidder
does not in all respects comply with the
| terms and conditions of the sale. and all
| orders of the Court relating thereto, the
two thousand dollars deposited by him
/ before the sale shall be forfeited to the
| trustees to be held by them subject to the
order of the Court; and said trustees are
hereby ordered TO execute and deliver to
| the purchaser deed or deeds of the prop
| erty sold as ordered within thirty 500
that the bondholders or any person or
persons in the behalf of them any of
OF the price for which said property
shall be sold. there shalt be paid in cash
at the time of the sale the cash deposit
lhereinbefore required. which shall be re-
The balance OF the purchase price to he
paid at such time and in such manner
Of the sale.
n report of the proceedings at said sale
days Of the day Of sale. Said trustees
shall distribute, under the direction Of
this Court, the proceeds of said sale, after
deductine therefrom such reasonable
lcharSes and necessary expenses con-
nected with the administration of their
trust and the sale of the property afore-
| said as may be allowed by this Court.
among the bondholders, in such proper
tion as they may be entitled thereto: ard
| in the event that any of said bond
holders shall not be discovered pay tho
share OF such ponGnolder or bondholders
into the Court for their benefit. that the
trustees render an account of their ad-
ministration of their trust to this Court
within sixty t6cD days from the date of
the confirmation cs the sale of the prop
erty herein Described. that said trustees
before making this sale shall give bond to
the Clerk Of this Court for Piscatauuis
County, for the benefit of whom it may
concern. with sureties to be approved by
said Clerk. in the sum OF fifteen thousand
dollars tS15,010) for the faithful perform
lance Of the Instructions of the Court and
the conduct of the sale and the distribu-
ton of the proceeds thereof That said
| trustees shall give notice of said sale bv
publication in the Fiscataquis Observer. a
newspaper printed and published ut
Dover in said County of Piscataquis,
1.-THE Daily kenne6ec Journal published
at Augusta. County Of Kennebec and
State of Maine and the Boston Daily Ad.
ycrtiser published at Boston, County OF
Suffolk and Commonwealth Of Massachu-
sets, once a week for three consecutive
4 HttbS. VI a Hbtlft tL tle tiI1t. place ana
terms of said sale. together with the de-
lscription of the property to be sold. and
! by posting copies of said notice in public
places in said Monsoon.
| In pursuance u the aforesaid decree
the said John i. kimbaI and Elbridge A.
1 Thompson. trustees as aforesaid hereby
give notice that all the property hereto
fore rected in the decree OF said CourI,
and according to said decree. will be sold
| at public auction 10 the highest bidder.
| at the Office Of the Monsoon Maine Slate
| Company in Monson. in the County OF
Piscataauis State OF Maine. on Wednes-
day the first day Of October. A. ID. 1902,
at eleven o'clock in the forenoon.
JOHN Il. KIMBALL,
Trustees.
ELBRIDGE. a. THOMPSON