Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1906-01-26
Notice of Foreclosure Sale of Pledged
CORPORATION Stock.

WHEREAS: On the 18th day OF January
1904; for a valuable consideration J. T. Ser
Savings Bank of Sioux Falls. South Dakota.
his promissory note dated on the said day
Whe re ne 3 promised an a.d to Pay the SAID al psopies
hundred dollars with - per cent interest one
year after date. and
WHEREAS: the said J. ?. Serr on the 223rd
day, OF January 1904. made and delivered to
said Peoples Savings Bank for a valuable
consideration his other promisory note for
promised to pay the said Peoples Savings
Bank or order one year after IFS date twelve
cent interest from it's date until paid.
That at the time OF the making, and de-
livery Of the said notes to the said Peoples
Savings Bank the said j: p. Serr was the
owner and in the possession of two certifi-
Gates OF the common stock of the Mutual
kota. which Certificates Of stock are describ-
ed as follows to-wit. Certificate No. 26 for
500 shares OF the Common stock of the said
each $4,000 on which was paid up $50 per
share or 81 $500 in all. and also one certif-
cate Of the Commc n st 9 foi in y" 5 said Mutual ID tnl
dollars each. &44OO on which was paid up
81. so per share or $4,000.
Thai the said certificates Of stock and the
shares they represent were duly pledged by
the said j. p. Serr to the said Peoples Saving
Bank to secure the paymen OF both the said
notes and the said certificates of stock duly
assigned and transferred to it the said Peoples
Savings Bank and the said certificates OF
STOCK were uuly uellVefeu 10 IL rs a pledge.
That afterwards and before the maturity of
the said notes the said People Savings Bank
sold. transferred and delivered to r: u. Brad
shaw the said notes and also. assigned and
delivered to him the said certificates OF stock
as security. pledged as aforesaid by said J.P.
Ser e r an and nlo also e a assigned ne ana aIsdd sraas, nt0raa t n
That the said Notes are both past due and
entirely unpaid.
That at the date of this notice there is due
and unpaid on the said notes the sum of
That the said R. U. Bradshaw, the owner of
the said notes has made demand FOR the pay
the promise of the said J. 2. Serr to pay and
he has failed to pay the same or any part
Therefore on account Of the default of the
said j. Z. Serr to pay the said notes when due
the said 4. U. Bradshaw, has elected to
foreclose his pledge of the said shares of
stock and to sell the same as by law provid-
Therefore Notice is hereby given that on
Saturday the 3rd day of February. A.. ID. 1906.
at two o'clock in the afternoon of the said
day day G At the hf front Gsnto door Co of , the o s' hf5c nGase ana ID
state of South Dakota. the said shares of
stock will be sold to the highest bidder for
south Dakota. to satisfy the said notes for
the payment OF which they were pledged as
security.
OF stock so to be sold is as follows:
Certificate No. 20 OF the Capital Stock Of the
Mutual Lumber Company OF sioux Falls
ness is now Canton, South Dakota. which GER
tifcate is for 500 shares OF ten dollars each,
| dated October first, 1902. and on which S2.J
| per share has been paid. and also Certificate
| mo. % OF the same company for 40 shares o!
ten dollars each ON which has been paid VI
-. 80 per share. dated October first. 1SE anG
issued to J. p. Serr and duly assigned and
transferred to r. u. Bradshaw and held by
him as a pledge for the payment OF the sait
notes.
Dated January "a. 1905.
] r. U. BRADSHAW.
Pledge and Holder OF said stock
C. B. KENNEDY,
Attorney for Pledgee-