The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1915-01-07
First Pub. Jan. 7-3t
Notice of Collateral Security Fore.
closure Sale.

State Of Minnesota, County of
Mile Laos. SIS.
Whereas, E. N. DAILY duly made,
executed and delivered to the First
National Bank of Princeton, Mime
sofa, his certain promissory note
dated May 7th, 1918, and therein and
thereby, for a valuable considera-
tlon, promised to pay to the said
First National Bank of Princeton.
Minnesota, on demand, the sum of
twenty five hundred dollars (S25OO. :
OO), with interest thereon at the
rate OF seven per cent per annum
and,
Whereas, the said E. N. DaIy at
said time duly made. executed and
delivered to The Agency "a corpor-
alton of Princeton, Minnesota his
certain promissory- note dated Nav
7th, 1913, and therein and thereby.
for q valuable considera tion, prom
ised to pay to said The Agency, on
demand, the sum of fifteen hundred
dollars (S150OOO), with interest
thereon at the rate of seven per cent
per annum and,
Whereas, at said time said e. N.
Daily duly made, executed and de-
llivered to said The Agency, his GER
tain promissory note dated May It'll.
1913, and therein and thereby, for a
valuable consideration, promised to
pay to said The Agency, on demand,
the sum of one Thousand dollars 49,
OOO.OO), with interest thereon at the
rate OF seven per cent per annum
and,
Whereas, at said time said E. n,
DAILY duly pledged to and with the
First National Bank of Princeton,
Minnesota, and said The Agency one
hundred (lO0) shares of the capital
stock of the Daily Hardware COMPANY
as collateral security of the payment
of said accounts and interest as in
said notes provided and.
Whereas, neither of said notes,
amounts or interest, nor any part
thereof has been paid, except the in
terest thereon to July 1st, 1913, and
demand has been duly made for such
payment and default now exists by
reason of such non-payment, and
there is now due and owing on said
noCes the full sum of five Thousand
dollars ($5, 0O0.00), with interest
thereon at the rate of seven per cent
per annum from and since said July
lst, 1918, amounting in all to five
Thousand i've hundred twenty leigh t
and eighty nine hundredths dollars
| (S5528.89) at the date hereof and,
Whereas, the said notes of fifteen
hundred dollars ISL, 500.OO) and one
Thousand dollars Isl, 00O.00) respec-
lively, so executed and delivered to
The Agency, and the debts, evil
denced thereby. and the interest
| fho ro0n on1 tho in foroct ~ tLo 50: =
The Agency in and to the said stock
SO pledged as such collateral security.
have been duly assigned, transferred
and set over unto Che said First
National Bank of Princeton, Mime
sofa, which is now the owner and
holder of the same and all thereof
and is DESTROYS of realizing on the
same and all thereof,
Now, therefore,, notice is herebv
Igiyen that the said one hundred (lOO)
shares of the capital stock of said
DAILY Hardware Company, so pledged
as such collateral security, will be
offered for sale at public auction and
sold to the highest bidder for cash
on Saturday, the 9th day of Feb
ruary, 1915, at ten o'clock in the
forenoon of said day, which sale will
be made at the front door of the
court house in the village of Prince
ton. county of Mile Laos and State
of Minnesota, to satisfy the debts
and interest so evidenced and
secured, unless prior to said time
said debts and interest shall be paid
and said collateral security be re-
Dated at Princeton, Minnesota,
this 5th day of January, 1915.
First National Bank of Princeton;
Minnesota.
BY Jno. f. Peterson, It's Cashier.
Payee and Pledge.
Attorney for Payee and Pledge,
PrincetOn MinnpSnta