Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1917-08-28
NOTICE OF FORECLOSURE

" Il EhEAC, the DlftlNro PON
COMPANY. on the first day of January.
A. D, 1912. by its m ortgage deed Of that
date. conveyed to the subscriber, the
UNION SAFE DEPOSIT AND TRUST
to hold In trust for the benefit and Sc
eurty. OF the holders Of the first mort
gage bonds, and coupons thereto at
tached. OF said Dirigo Power Company,
an the right. title and interest, estate
and property Of said Company in and to.
all and singular. the electric plant, now
or hereafter constructed and maintained
by the said Company in the said State Of
Maine, also all real estate. water rights
and the ways and rights Of ways now or
hereafter acquired by the said company.
together with all dams canals, privileges
buildings, structures, wheels. machinery
tools. engines. dynamos, posts, wires. and
all other things whatsoever which may
belong or pertain to, or may be owned
and used for the purpose of constructing,
operating or maintaining its said works
and all profits. tolls, income and revenue
to arise therefrom and from all other
sources, and all profits, income and emol-
unents derived from any and all leases
or contracts now or hereafter made with
any city, town or village corporation In
said State Of Maine. or with any other
person, firm or corporation, and any and
all shares OF stock of other companies
which 1t may acquire, and all other prop
erty. real. personal and mixed. now be-
longing to said Company. or which may
operation of its works. together with Its
franchises, charter and amendments that
may be made thereto, including the fran
caise to be a corporation and operate the
said Electric plant, and all powers
grants. rights privileges. benefits. .advan-
tages and exemptions granted thereby,
and all ether property of every name and
nature which now belongs to. or may
hereafter he acquired by the said Com
pany and connected with or appertaining
70 the works aforesaid" upon the condi-
slon and for the purpose of securing the
PAYMENT Of bonds IN the sum Of Four
Hundred Thousand Dollars (s400, 1000 on
me first day of January. 1882. and Of well
and promptly paying semi annually the
interest on said bonds dated January l.
isl2, as evidenced by the coupons at
arrears by the said mortgage deed. which
y recorded in the Registry of Deeds tor
ne County of Knox In the State OF Maine
n Book 1S2, Page 5e2 and in the office OF
hnox County in Book 5, Page q: and
WHEREAS. the said Dirigo Power
sompany subsequently issued One Hun
ared Thousand Five Hundred Dollars
Hundred Thousand Dollars 4oo.ooo) par
value OF bonds authorized; and
WHEREAS. the said Dirigo Power
Company has refused and neglected to
Within ninety days after actual demand
therefor, the interest due July !. 1915. as
evidenced by the coupons attached to said
nonds. and still refuses and neglects to
pay the same: and
WHEREAS. Hollis NJ. Shaw. owning
ana holding Fourteen Thousand Five
hundred Dollars (s14.500) of said bonds.
seth W. Webb. owning and holding Seven
thousand Five Hundred Dollars G7.50O0 OF
SAID bonds. and Cha l.. Andrews, Elk
ecutor of the will of Valera A Chase;
qTwninS and holding Thirty Thousand
I'VE Hundred Dollars (s3o5oo) of said
In ~ IT N n
thousand Five Hundred Dollars CS525ool
o. said bonds. being a majority in amount
o, the bonds issued and outstanding and
more than one-third OF the bonds issued
and outstanding and secured by said
mortgage. all the interest on said bonds
since July l, 1915. being unpaid and dis
nIonored. made application in writing to
.he subscriber to have said mortgage
toreclosed because the semi-annual inter
ISL on said bonds has not been paid since
IuIy /, 1915. and now remains unpaid.
whereby the conditions of said mortgage
-esd have been and now are broken:
NOW THEREFORE. the subscriber
s.Ves notice that by reason Of the breach
., the condition of said mortgage to 1t
~ said Dirtgo Power Company In refus,,
interest due upon said bonds since July
|, 1915. 1t claims a foreclosure OF the said
mortgage
UNION SAFE DEPOSIT AND TRUST
COMPANY. TRUSTEE a. aforesaid,
by FRED n. DOW. President.
Attest: GEORGE F. CARY.
Portland. Ma,he. August Is. 1917;