The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1917-01-03
NOTICE OF TRUSTEES SALE OF
THE oGLETHoRPE HOTEL OF
BRUNSWICK. GEORGIA.,


Default having been made in the
payment of interest due 1st of Feb
ruary 1916 and other interest dates
prior thereto ON the First Mortgage
Six Per Cent Gold Coupon bonds of
The OglethOrpe issued under a mort
gage or deed of trust of The Ogle-
thorpe dated LIST August 1908 to
secure an authorized issue of $780,
900 face value of bonds the Title
Guarantee and Trust Company trus-
tee of the said mortgage or deed of
trust hereby gives notice that it will
in the exercise of the power in that
behalf contained in the said mortgage
OF deed OF trust sell at public auction
TO the highest bidder at the Court
House door of Glynn County at
| Brunswick, Georgia on February g.,
| 1917 at II o'clock all and singular
the property conveyed by the said
mortgage or deed of trust the said
mortgage property being described
as follows:
"All that tract or parcel of land
situate in what is known as the new
town Of the City of Brunswick, Glynn
County, Georgia being described with
reference to the maps of plans of said
City of Brunswick, Georgia, by George
r. Baldwin. A. d. 1887, as lots num-
bers sixty-two (G2), sixty-tllree (63),
sixtyfour GA, sixty-five (65), sixty
six (GG), sixty-seven (6), sixty eight
| feQN i--f--
| seventy one CD, and one hundred
eighteen (11S), one hundred nineteen
(ll3), one hundred twenty Q20)
one hundred Ayenty-one 02D, one
| hundred twenty-five (122), one hun
| dred twenty-three 123) one hundred
twenty-four t124, one hundred twen-
| ty-five G25), one hundred twenty
six Q26) and one hundred twenty
seven 02D, forming parallelegram
| three hundred fifteen by three hun
dred (315 300 feet less portion of
| said lots siXty-two (62) and one hun
dred eighteen Q1S), being a strip
| along the lengths of said two lots
about fifteen (15) feet wide taken to
| widen f street, and making the whole
| OF said tract parallelegram three
hundred fifteen by two hundred eigh-
ty-fice (315 1850 feet, bounded on
the north by new town lot number
seventy-two CID, projection of an
alley between said lot seventy-two
| C72) and new town lot number one
hundred twenty-eight 12S) as shown
| by the plan of said City of Brunswick,
but which has never been opened or
| used, and by said new town lot one
hundred twenty-eight Q2S); and on
| the east by A street; on the south by
F street; on the west by w street; ;
| and having erected thereon the three
Z! and one-half (31a) story brick build
| ing known as the Oglethorpe Hotel,
| being the same premises conveyed to
| the mortgagor herein BY deed from
| Atlantic and Birmingham Construction
| Company dated July 31st, 1908, refer
ence thereto being had; and also all
| the houses, out-houses, additions and
| structures of every kind located on
| or connected with said land and
| buildings and all waterpower, heating
| lightning and ventilating plants, ma
| chinery and improvements and addi-
| tons to the same, located on or about
said property and premises, and also
| all the furniture and furnishings.
| silverware, chinaware. cooking and
serving utensils and appliances, and
every other article located and used
| in and about the parlors, offices, lodg-
| ing rooms dining rooms. cafes, kitch-
ems. cooking and serving rooms.
store rooms, buffets verandas, barber
| shop, news and cigar stands, and all
! other places in and about said Ogle-
| thorpe Hotel and premises" togeth-
| er with all the incidents rights men,
bers and appurtenances thereof and
| thereto belonging.
TERMS OF SALE.
| No bid will be received from any
| bidder who shall not have deposited
with the trustee or auctioneer the
| sum of IS 600 in cash or certified
| check ON a national bank or trust
company acceptable to the trustee as
a pledge that he will make good his
| bid in case of its acceptance. In case
any bidder shall fail to- make good
his bid or shall fail to comply with
the terms of sale then at the option
of the trustee the deposit made by
such bidder shall be applied toward
the payment of the expense of and
resale and the making good of any
deficiency or loss in case such prop
erty shall subsequently be sold at a
price less than that bid at the prior
| sale the trustee reserving all legal
rights against such bidder. The de-
posts of unsuccessful bidders will be
returned to them when the property
has been struck down. Upon accept
ance of any bids the deposit of the
bidder shall be applied toward the
| purchase price and the balance of
the bid shall be paid within thirty
days thereafter and at the time the
trustees deed for the, property is
given.
ANY holder or holders of the said
bonds may bid for and purchase the
said property or any part thereof and