Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1907-05-29

Collateral Sale of 205 shares of the Cap
itul stock of the Rock island
Pillow CGmpany

To All Whom It May Concern:
Know yc. that on the 18th day of Sep
l"mber. 1905. one T.. A Head. being in
i"bttd to the undersigned. j. II. Nc
Weigh. IN the sum of SIX thousand dol
lars $4,000, duly. executed under his
hand and delivered to the undersigned
mis- certain pr0miSsory note OF that dat
payable TO tn" undersigned at the Han
libal National bank, Hannibal. Mo. in
ninety goo days thereafter. with in
,creSt at III" rate of six Co per cent
Ger annum from the date of said note.
and to secure the payment of the same
IuiY assigned and delivered to the I'M
i"rSlSned certificate No. 1Gi. for one
hundred l0oD shares of the capital
stock of the Rock Island Pillow company
/ corporation of the state uf Illinois. as
collateral security to said note; that az
forwards. on the Jth day of October.
1909. said +. \. Head. being indebted to
The uNderSi gncd, J. II. McNeigh, in the
further sum of five thousand dollars
$4,000. duly executed under his hand
and delivered to the undersigned his
certain promiSsOry note of that date
payable To the undersigned at the Han
nibal National bank. Hannibal, Mo. in
ninety tHoD days thereafter, with inter
st at six co per cent per annum from
the date of said note. and to secure the
payment of tn" same, duly assigned and
delivered to the undersigned certificate
No. 80. for SeVcEty-tiVc tI5) shares of
the capital stock Of said Rock Island
HlOw company. as collateral security to
said note: that afterwards. on oct 30.
sos. To- further secure the payment of
said notes. and each of them. said +. y.
Head duly assigned and delivered to
the undersigned, J. II. McNeigh. ccrtifi-
cate No. 80. for thirty 800 shares of
the capital stock of said Rock Island
Plow company. as collateral security to
said notes: that said Head. in and by
said notes expressly stipulated and
agreed IN each of said notes. that in
case said notes, CT either OF them, should
not be paid when due. that the under
signed should have the right to sell said
certificates and shares of stock 50
pledged as collateral security thereto.
with or withou; notice. to pay the SANE"
that the said +. \. Head did not pay said
notes. or either of them, or any part
thereof. when due. or thereafter, but
has made default in the payment there
| of: that the whole of both of said notes,
| principal and interest. is now past due
| and is wholly unpaid. and that the I'M
dersiGned has elected. and does hereby
| elect. to sell said certificates and shares
| of stock at public sale. pursuant To the
power in said notes given to him.
| Notice is therefore hereby given tina;
1.-THE undersigned will, on Friday. the
| twentY-eighth t2SD day of June, y. -
| 1907. at the hour of 10 o'clock in the
forenoon. at the east door of the court
| ty of Rock Island, and state of Illinois
expose and offer said certificates and
shares of stock. or 50 much thereof as
may he necessary to satisfy such debt
aud expenses. for sale at public auction
| to the highest and best bidder or bid
lders for cash: at which time and place
Ian persons desiring to purchase said
cert ificateS of stock. or either OF them
lare requested and urged 10 be present
land bid at such sale.
Dated Rock Island Ill, this 2Sth day
of May, \. u. 1907.
| Sweeney & Walker, attorneys, Rock
Island. Ill.