The Ogden standard. [volume] (Ogden City, Utah) 1902-1910, 1910-07-14
OFFICIAL PAPERS
OF ASSIGNMENT
Made by R. Bowman and Paul Lee Lessees of the
to the Pingree National Bank Last Tuesday Evening
Assets and Liabilities

The following is an exact copy of
the documents by which 3. R. Bow
man and Paul NJ. Lee, lessees of the
Morning Examiner, Tuesday evening
last, made an assignment to the Pin
gree National bank.
Deed Of Trust and Assignment for
Benefit Of Creditors.
This indenture. made on the 10Th
Gay of July, 1910. by and between b
r. Bowman and Paul NJ, Lee, CO.
! partners. doing business under the
iirm name OF Ogden Morning Exam
iner, engaged in the business OF pub
fishing daily newspaper at Ogden,
weber county, Utah. party of the first
| part, hereafter 10 be called the grant
or and assignor, and the PiDgree Ma
tlonal bank OF Ogden. Utah, party OF
the second part, hereafter to be called
the grantee and assignee. In trust
for all creditors. consisting of the
following, and others unknown at this
| time: The Pingree National Bank of
Ogden, Utah; William Glasmann of
Ogden. Utah. and employees and sun
dry obigatio-s
Whereas. the said grantors and as-
slgnors, owing to sundry losses and
misfortune and their inability to col
lect outstanding accounts due them
| and to realize on their assets, are
at present unable to discharge their
Just debts for the reason that some
OF their assets and accounts cannot
be realized upon at this time and they
are therefore willing to assign. with
out reservation and free from all pref
erence and partiality. all their real
and personal property for the benefit
OF all their creditors.
Now. this lndenture, wltnesSeth:
| That the said grantors and assignors,
/ as well and in consideration of the
| premises and for the purpose OF max
| ing 4 just distribution of their prop
| eIty and effects among their creditors.
| and also the sum of One ($100) in
| hand paid by said assignee and gran
| tee, in trust for all creditors, the re-
| ceipt whereof is hereby acknowledge
| ed. hath granted, bargained. sold, con.
Yeyed, transferred and set over unto
| the said grantee and assignee the
| PlnGree National bank of Ogden,
| Utah. in trust for all creditors of the
said copartnership firm of 3 r. Bow
| man and Jaul M. Lee, doing business
| under the firm name of the Ogden
Morning Examiner, and said credit
ors. their representatives and success
| sors and assigns, all OF the real estate
and personal property. including their
lease from the Examiner Publishing
company for the Associated Press,
and also all accounts, bills receiv-
able, office furniture. fixtures, and all
other property of every kind, personal
and mixed now owned by them, or any
interest owned by them as said copart-
ners, in any property, real, personal
or mixed, contained at their place of
business at Ogden, Utah, or else
where
That said grantors and assignors
hold and own the title to the follow
Ing real estate in Ogden, Utah, and
more fully described as follows:
All of Lots Twelve 12) and Thir-
teen G3), Fourteen 90 and Fifteen
Q5), in Block One, %, in Brum-
mitt's addition TO Ogden City, Utah,
subject to general taxes for 1910.
To have and TO hold. receive and
take the same to and for the assignee
and grantee. in trust for all credit
ors. their legal representatives. sue
cessors and assigns, forever. in trust.
however, and TO and with the Intent
and purposes contemplated and pro-
yided for by the compiled Laws OF
Utah for 1907, title thereof, that
said assignee and grantee, in trust for
all creditors. shall and does, as herein
more fully provided, as soon as prac-
ticable, sell and dispose OF the per.
Sonal property heTeinbeiore set out,
and collect and recover all outstand-
ing claims, accounts, bills receivable
and debts due them, the said grant
erS and asSignoTs. moneys arising
therefrom, after deducting the reason
able allowance for the services rend-
cred by the assignee and its attorney,
and such allowance duly approved by
the court, shall and do pay the credit
ors of said grantor and assignor. their
respective Just demands In full II
tEere shall be sufficient assets TO sat
1sfy the whole; and II there shall not
be sufficient assets to satisfy all Just
demands OF the creditors In full, then
pro-rata according to the amount OF
their respective demands. without
preference as TO any Aud should
any portion OF said trust property or
funds remain after duly complying
with the trust aforesaid. then said
assignee and grantee, in trust Tor all
creditors. shall deliver over aid re-
convey the same unto the said as !
signors and grantors, their heirs. le- |
cal representatives and successors or |
assigns
Further, said grnntors and assignors |
voluntarily and unreservedly surrend- |
el the property aforesaid for the bene-
iit of their creditors. and 10 all OF I.
them equally, and without Dartiality, |