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

Whereas on the 9th day OF January 1904
o. NJ. ~Gudmundsen for q valuable considera-
Peoples sa vings Bank OF Sioux Falls, South
the said date for sss4.so each making = totsi
sum on 1923. 80 and each OF the said notes
was due and payable one October q. 1901.
and one January /. 1906. after, It's date
with Y per cent. Interest from the date there
That At the time Of the making and deliy-
St stG Sioux 'sf Fail., r i Il. tor @r !soe sbsrs. 81 r.
"a corporation duly organized and existing
under the laws OF the state OF South Dakota.
That the e face ~ value ara ! OF x shs sa vas steak oaid WAS ns
ment thereon. OF 5000 and the said stock was
Mutual Lumber Co. In the name. OF the said
O. NJ. ~Gudmundsen. and the said certificate
Of stock was duly tharF to him and he was
the said o. N. Gudmundsen made a written
OF stock to the said Peoples savings Bank as
security for the payment q the g d. notes aes
a Psap de'sy savins sse Bank salh as a pledge and Sc.
curity for the payment OF the said notes, and
in the said written. assignment 1t was pro,
authorize the secretary OF the Mutual Lum-
Der Co. to transfer on the books Of the said
fn ssid eerti 4. %S to p'f the. pee Peop des saving
Bank, its successors or assigns should I fail
to meet when zen. due ,ns s sS. pay dasad Il 2an my st Rrom I%s.
and due October 9Th. 1894. and one for
1864 40. dated January 9th. 1904. and due
That afterwards and for a valuable con
slderation the said Peoples Savings Bank
sold and delivered for q valuable co1sidera-
Bradshaw. and duly endorsed the same and
delivered the said notes TO the said X. y
holder thereof. and the said Peoples Savings
Bank also assigned and delivered to the said
r. y. Bradshaw, the said certihcate q STOCK
said K. U. Bradshaw presented the said as
signment to the Mutual Lumber Co. issuing
stock was duly transferred on the stock bock
OF the said Mutual Lumber Co. TO said K. U,
I Bsads nn,ss az =; s e n gn 19r inc ym as sb g, ts &c
stand on the books OF the said corporation
That both the said notes are past due and
failed and refused to pay the same and there
Is now due on the said notes, the sum 81
sssa7: 80 and UNPAID. ana ths r sac =, y, hraa q
the said notes and the said o. NJ. Gudmund'
sen has refused TO pay the same; :,
G~udmundsen TO pay the said notes at thu
maturity thereof. he Is In default and thu
stock' has fully vested and he has elected L
sell the same as by law provided.
Notice is therefore hereby given that OF
SATURDAY,. the 9th day Of January: isSs. 2
court house in the city OF Canton. In TIT
County OF Lincoln. and State of South pa
kota. the said stock will be sold to the high
est bidder for cash by the then sheriff o
Lincoln county, South Dakota.
A particular description Of the said share.
Of stock so offered for sale is as follows; ~
shares OF the Common Stock OF the Mntua
Lumber Co. Of Sioux Falls. South Dakota
ton, South Dakota. issued to o. NJ. Gudmund
sen, and the certificate Is numbered fourteen
OF the stock certificates OF the said Mutua
Lumber Co. and each share Is for ten dollar
and there has been paid up on the said share
&. 50 each or 5000 in all and now standing OF
| the books OF the said corporation In the nain'
Of r. u. Bradshaw IS collateral security TO
the m OF the notes above described.
dated anuary 18th. 1905.
II. L. BRADSHAW.
Pledge and Holder OF said stock
| G, r, KENNEDv.
ATTORNEY for pledeee-