Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1915-12-27
NOTICE OF SALE.

Whereas, by a certain indenture dated
he 18th day of March. A. u. 1865, the St
lied and existing under and by virtue OF
the laws of the State Of Maine. IN order
10 secure the payment of each, every ana
all of its first mortgage, six per cent.
go ten year gold bonds at any time
issued and outstanding according to the
terms, tenor and effect thereof, as well
the interest as the principal thereof
assigned, delivered and set over unto the
Illinois State Trust Company, corpora
ton organized and existing under the
laws of the State of Illinois. and author
lied by law to accept and execute trusts,
as trustee, the following securities:
Twenty thousand (20,t0o) shares of the
par value of one hundred $1,000 dollars
per share, being the total capital stock OF
the st. Joseph Land Development
Company, a corporation organized and
existing under and by virtue of the State
of Florida.
Thirty thousand (3o.opO shares of the
par value of one hundred t$1ooND dollars
per share; being the total capital stock
of the Apalachicola Northern liailroad
Company. corporation organized and
existing under and by virtue OF the laws
of the State of Florida.
Two thousand C2,0oO of first mort,
bonds of the St. Joseph Land and De
velopment Company of the aggregate
amount of two million go c09 ooo.Q0) dol
lars, dat ted SeDtember 18th, 1905.
Two thousand t2.oe0) of first mortgage
five per cent. 90 twenty year 60, /
bonds of the aforesaid Apalachicola
Northern Railroad Company, Of the o ag-
O0oe0) dollars. dated September 18th. 1855
Two hundred and fifty ESQ shares OF
the par value of one hundred tslNouW dol,
stock of the Port ST. Joe Company. a
corporation organized and existing under
the laws of the State of Florida.
Ten thousand Uo.000) shares Of the par
90, of
share; being the total capital stock of the
Port ST. Joe Dock K Terminal Railwa!
Company. a corporation organized and
existing under and by virtue of the laws
of the State of Florida.
One thousand q,ooD of the first mort.
gage refunding five per cent, @co gold
Joe Dock < Terminal Railway COMPANY
of the aggregate amount of one mill or
G1.ooo oQo.oW dollars. dated the 18th da,
Of Marsh, A. p; 1sl3 and parable abe d,hhss
Whereas, the interest which becanls
and was due and payable on the said out
standing bonds of the said st. Joe. Ba.
Company on the 18th day of March, A
D. 1914 the 18th day of September. A. D
1914 the 18th day of March. a. d. 1915
and the 18th day of September. A. D. 1915
was not paid i on laid said re5peet nS dates
Whereas. demand for the payment o.
said interest was made upon the Illinois
State Trust Company. Trustee, on The
payment thereof was refused because
said Trustee was not in possession Of
funds to pay said interest; and
Whereas, demand for the payment o.
said interest was made upon the said st
Joe Bay Company upon the 9th day o.
September. A. y. 1915. and paymen
thereof was refused: and after said de
mands were made as aforesaid. the sale
st. Joe Bay Company. for period Q
sixty days and more has made defaul
and has neglected. refused and omitte;
and all of the said bonds. as is by TIL
said bonds and in the said indentur'
provided: and
Whereas. on the 9th day of November
per cent. Geo of the said first mortgage
six per cert. t6e;) ten year gold bonds Q
said St Joe Bay Company now outstand
ing. notified the Illinois State Trust Com
pany, Trustee. of such default and tn
continuance thereof for said period o
sixty days and mere, and requested TIL
under the terms of said indenture o
mortgage deed to declare the entire prin
cipal sum of bonds so secured by said in
denture, mortgage deed or deed of trus
now outstanding to be due and payable
and
whereas, on the 9th day of November
A. .. 1915. the Illinois State Trust Com
pany by notice in writing addressed T
delivered to said St. Joe Bay Company
declared the entire principal sum of tn
aforesaid bonds OF SAID 81. Joe 6d
Company, so secured as aforesaid. to b
Immediately due and payable:
Now therefore. at the request Of th
holders of more than fifty per cent. (50fs
in amount of said first mortgage. ST
per cent. (6cs) ten year gold bonds Of tn
said ST Joe Bay Company. now outstand
ing, and in compliance with the term
and provisions of the said indenture. mort
gage deed or deed of trust the under
signed. Illinois State Trust Company
Trustee, will sell the property above de
scribed or such part thereof as may b
necessary, at public vendue. to the high
est and best bidder for cash at its ofhc
on the second floor of the Cahokia Build
ing, corner of Collinsville and Missoul
Avenues. City of East st. Louis st; .Ciai
County, State of Illinois. on the 9Th da
of January A. D. 1916 between the hour
of ten o'clock A. NJ and five O'clock F
NJ. said sale commencing at the hour Q
ten o'clock A. NJ. for the purpose @
satisfying the said indebtedness aforesai
and the costs and expenses Of executin
said trust. 80.
Dated at East ST. Louis. Illinois. thi
9Th day Of December, A. D. 1915.
ILLINOIS STATE TRUST COMPANY.
Trustee
By A. c. JOHNSON. Vice President.
decl3-O-N-jan3