The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1914-02-21

|
ty-four Ga at any time prior to the
seventeenth day of January, 1927.
| All of the lands in this item described
being in Township Three (O South of
Range Four (4) 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
placed on said land or on any portion
thereon.
The said decree under which said sale
is to be made provides, in full, as follows:
United States District Court Eastern
District of Louisiana. New Orleans
Division. No. 1890.
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. 1913: 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,
1t is therefore Ordered, Adjudged and
Decreed, this 22nd day of December, A.
D. 1913:
(a) That the mortgage or deed of trust
executed by theNBayou 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 valid and
subsisting mortgage and constitutes a
lien prior to the estates, lien or interest
of any other persons upon the property
| iiOi OAiihitOi oCC iOl III, IllO OCtiu plOpSI
being described in said mortgage as SUBJ
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 Q14,000 00)
with six per cent. per annum interest
thereon from April /, 1913, evidenced by
Ninety nine (99) First Mortgage Bonds
of the par value of One Thousand Dol
lars each, and Thirty 500 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.
Co That all the above described prop
erty shall be sold as hereinafter provd-
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
saleA that before making said sale, said
Special Master Commissioner shall pub
lish a notice thereof once a week for at
least five weeks prior to said sale in
newspaper published in the City of st.
Francisville and also in newspaper pub
lished in the City of New Orleans.
(e) That said property be sold as one
Item at public auction to the last and
highest bidder, for what it will bring,
and that the same be sold free and clear
of any lien, mortgage or encumbrance
whatever, and that all mortgages, liens
or encumbrances resting upon said prop
erty or in any manner affecting the same
be referred to the proceeds Of said sale.
That said sale shall be made subject to
confirmation by the Court.
| Cd That said property to be sold and
the proceeds thereof applied:
First. In payment of all proper ex
penses attendant upon said sale, incIud-
ing the expenses, OUTLAWS and compensa-
ton of the Special Master Commissioner
to make said sale.
Second. To the payment of all ex-
penses of protecting and enforcing the
said trust created by said mortgage or
deed of trust, including reasonable COM
pensation to the trustees and all expenses
| incurred by them in connection Herewith
ana including reasonable attorneys fees
Tor all services rendered either in pro-
tecting or enforcing said trust, such COM
pensation and attorneys fees not. how
| ever to exceed ten per cent. of the
amount Of the bonds issued under said
mortgage or deed of trust; and to all
COSTS fees, Indebtedness and expenses
incurred by the Receiver in these pro-
ceedlngs, and all the costs and EXPENSES
OF lnsuring and preserving the propertv
and paying the taxes thereon, as well as
reasonable fee for the Master and the
Receivers counsel.
Third. To the payment pro rata Of all
I how IL.