Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-01-03
NOTICE OF SALE.

Whereas by d certain indenture dated
4, n. i6.h day OF March. 4. u. 1905, the st.
Joe BAY COMPANY. q corporation organ
Nized and existing under and by virtue of
@the laws Of the state Of Maine, in order
Eto secure the payment of each, every and
all OF IT'S first mortgage. six per cent.
Htsr1l ten year gold bonds at any time
ISSUED and outstanding according TO the
te-rns tenor and effect thereof, as well
the interest as the principal thereof,
}arga.red, sold, conveyed, transferred,
EassiGued delivered and set over unto the
illinois STATE Trust Company. a corpora
#tl5i4 organized and existing under the
FLAWS II the State of Illinois. and author
i ized IL law to accept and execute trusts,
as trustee. the following securities:
n Tvtrtv thousand f2h.@tD shares Of the
IA W Of one hundred ts1oa.nl dollars
I Pc, share being the total capital stock Of
ipe = Joseph Land &; Development
company, corporation organized and
exs'-re under and by virtue of the State
O. r. lIda.
rl.r:s thousand co.cop shares of the
par value Of one hundred C$10oo0 dollars
pr share. being the total capital stock
Q. ~. A;alachicola Northern Railroad
Il Company corporation organized and
ex!s,H- under and by virtue OF the laws
q t.e State Of Florida.
w thousand C-"D Of first mort
eag, Ile per cent. tJ't) twenty Year sol I
how'd, of the 81. Joseph Land and De
sHsioHme:', COMPANY Of The aeeresst"
lar dotted September 18th. 1905.
i ". thousand ,4."o) of FIRST mortgage
4 fIyt rcr cent. C',l twenty year gold
bones Of the aforesaid -Apaiae nicola
Nor.t - Railroad Company ~ the az
gree ~ amounf Of two million 'S2~N.-
q, co.'s dollars. dated September 18th. 1915
Two hundred and fifty (25n shares Of
tn l,1 value OF one hundred S1Ho.e" dol
las> nsr share being the total capital
sto.H Of the Port st. Doe Company. 4
corlo:4tion organized ana existing under
II. VS. at The State Of Florida.
4 I.4..H -l.., - 80.
1 vs.ur nr one hundred SlHon) dollars per
save, tc4i4g the total capital stocG Of the
II !o-t s.. Joe Do,k & Terminal Railway
4 Company, q corporation organized and
1 ut me State Of Florida.
Il Or, thousand O."~n Of the first mort
e4re r"fundine five her cent. 60 gold
h be-, III tho afOre mentioned POrt st
,ioo ,.-3. \ Terminal Railway Company
a. tao erreea;" amount Of one million
i e. .p dollars. dated the 18th day
q N.~E 4 - lsl3, and lraya3an,iGe The
d Whereas. The interest when iecame
sAna VS. dle and PAYABLE on The said out
sta7c'Hc 'cNGs Of the said St. Joe Bay
4 COMPANY OF the 18th day Of March. \.
FL ,-i az, 18Th day Ct September, \. y,
klNl ths l--h day Of March. \. n. 1915,
/ Ban The l5'n 3ay Of September. 4. Il. 1215
4 was yet paid on said respective dates
Bal has not since been paid and
Whereas demand for the payment Of
Esaid interest was made upon the Illinois
sia,e Trust Company. Trustee, on the
Eeend day Of September, A. l.. 1915. and
#payment thereof was refused because
*ssaid Trustee WAS not in possession of
&funde To pay said interest; and
4 Where's demand for the payment Of
&ka'd la;erest was made upon the said st:
ksep,emaer, A. n. 1915. and payment
ktherenf was refused and after said de-
Enands we've made as aforesaid. the said
IS joe Bay COMPANY for period Of
kkiEt, days and more has made default
Ean1 has Neglected. refused and omitted
Etc pay ID full the said interest upon any
Fan ali %, The said bonds, as is by the
[Esaid honds and in the said indenture
EyrovlieG and
i Whera; $ ra the 9th day of November
"a I, lala The holders of more than fifty
E3er cent tsp't) Of the said first mortgage.
EfN per tent. t6el ten year gold bonds of
kka.G s.. Joe BAY Company now outStand-
Eine notified the Illinois State Trust Com
&pary. Trustee. Of such default and the
#sontlnparre thereof for said period or
49, 80 da%s and more. and requested the
&1lInolS state Trust Company. Trustee.
Ennder he terms Of said indenture or
hortsaee deed TO declare the entire prin-
klpal sum OF bonds so secured by said in
c"0ture. mort gage deed or deed OF trus,
snd ''''
Whereas o. the 9TH day OF November
Il ! M. the Illinois State Trust Com
Bay ty notice in writing addressed to
ths s. Joe Bay Company, and personally
telivered 20 said 81. Joe Bay Company,
Eotciarec TIE entire principal sum Of the
a,oreSaid bonds Of said St Joe Bay
onn3Iy. SO secured as aforesaid, to be
inned.atolY due and payable:
New therefore at the request Of the
loi'trS %. more thar fifty Ter cert. GO .,
r. a"o.rt - said first MORTGAGE. ii {.
Pc 'rN; 90 > Zen yo@r srl1 bonds. 6 the
SAL : .fOa !:%y Coq.pcfv nov 49,. eta'.3i-
ms az 81: e",pul;aNce With f. 4 rat:
aIO II "S 4 H.. &. j'f'e'''"rc 49,. =