The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1914-02-28

tE-1Our ltfJ dI any llfne prlOf TO tlt
seventeen day Of January, 1927.
All of the lands in this item described
being in Township Three (3) South OF
Range Four "a West in said Greensburg
Land District and Parish of West Felici-
ana, State of Louisiana.
Together with all timber on said lands
and together with all rights, rights OF
way, privileges and appurtenances there
unto belonging, and all buildings, struc-
lures, betterments and other improve
ments now on or that may hereafter be
placed on said land or on any portion
thereon.
The said decree under which said sale
United States District Court. Eastern
District of Louisiana. New Orleans
Division. No. 1880.
The Union Trust Company and Charles
R. Dunn VS.. Bayou Sara Lumber
Company, Limited.
This cause came on to be and was
heard on this the 22nd day of December,
A. D. 1913, in open Court, at New Orleans,
Louisiana, upon the original and supple
mental bills of complaint herein, and the
order taking said bills for confessed, en-
tered herein on the 9Th day Of October
A. D. 1918: and came also the complaints
by their counsel, and submitted said cause
upon the said bills and order and upon
the evidence and testimony taken before
the Examiner duly appointed herein, and
the consent Of the intervenor, Dibert,
Bancroft and Ross, filed Herewith, and
agreements filed herewith.
And it appearing to the Court that the
compliments are entitled to the decree
prayed for in their original and supple
mental bills of complaint,
It is therefore Ordered, Adjudged and
Decreed this 22nd day Of December. A.
D. 1918:
(a) That the mortgage or deed Of trust
executed by the Bayou Sara Lumber Com
pany, Limited, to The Union Trust Com
pany and Charles R. Dunn, Trustees, on
the first day of April, 1912, and filed in
this cause as Exhibit A, is a valid and
subsisting mortgage and constitutes a
lien prior to the estates, lien or interest
of any other persons upon the property
hereinafter set forth, the said property
being described in said mortgage as sub
ject thereto, and being as follows: Ode
scribing said property as hereinabove).
(b) That there is due to the complain
ants as Trustees for the holder or hold
ers of the bonds secured by said linden
ture exhibit AZ by the Bayou Sara Lum-
Der Company. Limited, One hundred and
fourteen thousand dollars Ola, .00)
with six per cent. per annum interest
thereon from April 1, 1913, evidenced by
Ninety-nine (99) First Mortgage Bonds
of the par value of One Thousand Dol
lars each, and Thirty 900 of the par
value of Five hundred dollars each, and
the unpaid interest coupons belonging
thereto; all Of said bonds and coupons
being specifically described in said inden-
ture
(c) That all the above described prop
erty shall be sold as hereinafter provid-
ed, and that the Bayou Sara, Lumber
Company, Limited, defendant, and all
persons claiming under or through it, be
barred and foreclosed of and from all
equity of redemption and all claims, if
any, in and to the said mortgaged prop
erty. and every part and parcel thereof,
so sold.
(d) That W. Morgan Gurley be- and
the same is hereby appointed Special
Master Commissioner to make said sale
Of all the foregoing described property,
said sale to be made at the front door of
the Court House in the City of st. Fran
cisville, West Feliciana Parish, Louisiana,
at twelve o'clock noon on a day to be
named by the Special Master Commits
sloner herein appointed, in his notice of
sale; that before making said sale, said
Special Master Commissioner shall pub
lish notice thereof once a week for at
least five weeks prior to said sale In a
newspaper published in the City of st. |
Francisville and also in a newspaper pub
ished in the City of New Orleans.
(e) That said property be sold as one |
TEN, at public auction to the last and |
highest bidder, for what it will bring. |
Ind that the same be sold free and clear |
II any lien, mortgage or encumbrance
and that all mortgages, liens |
'r encumhrances resting upon said prop
erty or IN any manner, affecting the same
oe referred to the proceeds of said sale.
That said sale shall be made subject tn
by the Court
f) That said property to be sold and
ne proceeds thereof applied:
FIRST In payment Of all proper ex-
'enses attendant upon said sale, includ-
ns the expenses, OUTLAWS and compensa-
ion of the Special Master Commissioner
o make said sale.
Second. To the payment of all ex-
lenses of protecting and enforcing the
ald trust created by said mortgage or
leed OF trust including reasonable COM
to the trustees and all expenses
incurred by them in connection Herewith
no including reasonable attorneys fees
or all services rendered either in pro-
ectlng or enforcing said trust, such COM
and attorneys fees not. how
Ser' TO exceed ten per cent. of the
mount OF the bonds issued under said
mortgage or deed of trust; and to all
osts' fees, Indebtedness and expenses
Incurred by the Receiver in these nro.
eedings, and all the costs and exnensas
lnsuring and preserving the property
nd paying the taxes thereon, as we'll 40
reasonable fee for the Master and the
.eceivers counsel,
Third To the payment pro rata ~ aIl
npaid bonds and interest commons co