The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1904-07-08

j the payment 81 interest upon any Of
said bonds, the entire amount Of all
bonds issued Or sold under said deed Of
trust shall at once become due and pay
able, and which trust further provides
That upon such default being made and
such default continuing for the period
Of sixty days thereafter any holder OF
such bonds, or any OF them, may require
the said trustees to make sale Of the
property secured thereby, upon giving
the notice Of sale required by the terms
of said deed Of trust, and
Whereas, default was made BIZ said
TrRders Company on the 2gth day Of
January. 1908, in the payment Of inter.
est due upon twenty-four t24) OF said
bonds held by the Traders National Bank
of Clarksburg. West Virginia, payment
Of such interest having been demanded
and said default having continued for
the period of sixty days from and after
the date OF said demand, and said Trad
ers National Bank having requested and
required the undersigned as surviving
trustees, by notice in writing, to sell the
property secured by said deed of trust
Therefore, the undersigned, as surviv.
ing trustees, hereby give notice that they
will, on the 4th day of August, 1904, at
the hour of o'clock p. M, at the
front door of the court house of said
county, sell the unexpired term or lease
hold estate, being forty-one (41l years
yet to run from the 10th day of Janu-
airy, 1904, in and unto that certain lot
or parcel of land, with the buildings
thereon, hereinafter described, situated
at the southeast corner of Main and
Third streets, in the city of Clarks.
burg, in said county, bounded as fol
lows:
Beginning at an iron pin at the said
corner of said streets and running thence
in an easterly direction with Main street
so feet and . inches, thence southerly
and parallel to Third street, 1876 feet and
6 inches to Modoc alley, thence westerly
with said alley, so feet and inches te
Third street, thence with Third street
ls5 feet and G inches to the place OF
beginning. Excepting and reserving, how
ever, that part of said lot bounded az
follows: Beginning ut said pin at said
corner, and thence running southerly
with Third street. 81 feet, thence by
line easterly and parallel to Main street.
% feet and s inches. thence by line
northerly and parallel to Third street
50 feet, thence with Main street wester-
ly % feet and S inches to the place of
beginning, being the lot upon which the
Traders National Bank is erected. and
which bank. consisting of one floor. is
also excepted, but not the two floors over
the same nor the cellar under such bank
The property so to be sold consists o:
the unexpircd term or lease aforesaid
which was originally fifty years, running
from the both day of January, 1925, to
the both day of January. 1915. in said
lot. embracing the building known a.
Traders Hotel, and, in addition, the
building known as Traders Opera House
which is south of the hotel. but not EN-
bracing the Traders National Bank. con
sisting of one floor or story.
The hotel is three tory brick build
ing. containing about fifty guest cham
bers, a large and commodious Office and
we'll lighted dining room, parlor, bar
room and billiard room, together with
four store rooms, three upon Main street
and one upon Third street; is equipped
with an electric light plant, is heated by
steam and is located in the center of
the business part of Clarksburg. imme-
diately opposite the Court House Square
The opera house is good brick build
ing and has seating capacity of eight
hundred, with large stage and good stage
equipment
The purchaser or purchasers will be
required to pay all taxes and assess
ments upon the property during the ex.
istence of the lease, and to make all
necessary repairs from time to time tc
keep the building in tenantable condi.
ton
Terms of sale:-one.third cash in
hand upon date of sale. and the residue
upon a,credit of one and two years. with
interest from date of sale, for which tho
purchaser or purchasers win be required
to give promissorr notes with good per
sonal security, and. in addition thereto
lien will be retained upon the estate
sold in the property as further security.
JOHN KoBLEGARD,
B. NJ. DESPARD,
j. BASEL, Trustees.
Counsel. junc25d1 ts&wtd