Pocahontas star herald., 1912-04-05
LEGAL ADS
Trustees Sale

Whereas, by its certain deed OF trust, dated
March 49, 1908. the Pocahontas Ice and Power
Company conveyed to the undersigned as
trustee, to secure its bonds in the sum of
fifteen thousand dollars, and interest thereon,
the property which is hereinafter described;
and
Whereas it is provided in and by the said
deed of trust that If default should be made
in the payment Of any OF the bonds so secur-
ed, or the interest becoming due thereon,
and such default should continue for the
period OF six months, that in such event the
said trustee should, upon the written request
of the holders OF one third in amount Of the
then outstanding bonds. and upon being
given proper indemnity against any and all
costs. expenses and disbursements. proceed
to make sale OF the said mortgaged premises
and property in the manner hereinafter set
out, for the payment of the then outstanding
bonds and accrued interest thereon, secured
by the said deed of trust; and
Whereas, default has been made in the pay
ment Of the interest becoming due on the
said bonds. so secured. and such default has
existed and continued for more than six
months; and
Whereas, the holders OF more than one third
Of the outstanding bonds have made written
request of the undersigned trustee to carry
out the provisions in the said deed of trust
for sale OF the mortgaged premises, and to
foreclose the same by sale, provided therein ;
and have given to the said trustee the indem-
nifty provided for in and by the said deed of
trust; and
whereas, there is now outstanding, and in
force, a certain deed Of trust executed by the
Pocahontas Ice and Power Company to W. II.
Skinner, on April 27. 1907, now held by J. E.
Franklin, on which there is vet unpaid the
sum of two thousand dollars, which said deed
Of trust or mortgage is pIior andsuperior to
the deed Of trust securing the said bonds,
the mortgage herein referred u being record
ed in mortgage record ~" page 429:
Now therefore, notice is hereby given that
the undersigned trusteeP. in accordance
with the authority TO it given by the deed OF
trust first above recited will on April % 1912
at the north front door Of tn court house, in
PocGhontas, Arkansas. between the hours
prescribed by law for judicial sales, offer and
expose for sale, to the highest and best bid
der, for cash in hand. the said mortFaged
property and premises. which are particular
ly described as follOws Lots one d. two (2).
three (3), four (D and six 90 in block four "a.
east OF Broadway street. in the town of Poca-
hontas, together with all the improvements
and appurtenances thereunto belonging or In
anywlse appertaining; also all machinery.
fixtures, equipment, supplies, and all proper
ty Of every kind which the said POcahontas
Ice amp Power Company now owns or In
which 1t has any right, title or interest; and
any and all other property, real. personal or
mixed, which the said Company now owns,
appertaining to aud Incidental to its ice and
electric plant; and all franchises. rights.
privileges. immunties and exemption, OF the
said Company, relating to or in connection
with its said plant and busines.
said property will be sold subject to the
deed of trust above recited, held by ]. T.
Franklin. This March %. 1872
PocAHoNTAs STATE BANK,
WITT & SCHooNovER, Trustee
30 Ct Attorneys.