New-York tribune., 1918-05-23
TRUSTEES SALE
NOTICE OF SALE ON FORECLOSURE 81
ADVERTISEMENT

WHEREAS default was made January l. 1904, Ia
the payment OF the interest coupons attached 70
bonds secured by q mortgage dated January !.
1900 executed by Mountain Lake Electric Railroad
Company to The Trust Company Of New York. u
trustee and was recorded IN Fulton County Clerkp
ONCE at Johnstown. New York. January 2ssiL
1901. In Book No 81 Of Mortgages. page $50. and
WHEREAS. said mortgage vas executed BY SAID
Railroad Company to said Trust Company as trustee
m secure said bonds. which weFe made By said
Railroad Company and described In said mortgage.
amounting to Sl00 900. with interest thereon at the
rate of $50 per annum from the date OF SAID bonoA
VIZ January l. 1900 according to interest coupons
attached thereto payable each July LIST and January
let on and after July !. 1900. Ill Of which bonds
are outstanding and
WHEREAS. under and in accordance WIN tns
provisions OF said mortgage said Trust Company -
trustee resigned and The North America Ifuss
Company subsequently known n The Eonltaon
Trust Company OF New YORK. was GUY AVpon'so
as successor trustee. and
WHEREAS. under and IN accordance with ~
provisions of said mortgage said Inc Eouia0s
Trust Company OF New York resigned Is trusted
and the undersigned Frank s. Sexton. Of Glo'drs'
r,fs New York. was duly appointed successor
.~,stes and ia now acting as trustee under SAID
mortgage. and
January 1904. In the payment OF Inc inss9s
coupons aforesaid becoming que ana paysoS I"
that day. ana
WHEREAS, default has been made in tbs p2y-
osnt Of all interest coupons attached to said nooos
maturtnS since January l. 1901. ana sfiii conuns1
after the expiration OF more than SIX months. ano
yUuEREAS the undersigned as trustee aott'
"a h.a heen duly requested by the holders o
a than one third In amount OF the bonds sectfsa
- s.,d mortgage and now Outstanding. 70 oeaes
Ltd entire principal sum quo ana pagan" =" =
sN.u With the provisions Of said mortgage aoa
ruIrprAs the undersigned trustee aforesAh
a. .cord.nce with and ty virtue OF ss6 y.
s, nos of said bondholders. and In accordance ssn
w, uuoS, stons of std bonds and said mofssaes
sa,.r.d and does now declare SAID ea'le p'ias'aS
am, IN be due and payable, ana
wuEREAS the amount claimed TO Be duo ure'
"a bonds and said mortgage at the time OF tns
s". sa'I n,,h,,cation os this notice Is the sum
s,-s so0 being The sum ct Sioe.oeo pfincip1
s.'V "a ,hs sum Of s735oo interest thereon fson
, anu Wv 1909. which said sum Of sl7s.5oo Is ~
whole amoant ciA'"'N ~
and mortgage. 49,.
VOW THEREFORE notice ia hsrsoy given fnn
49, y,rt,,s of the power OF sale contained
ss,d mortgage and duly recorded no'sssaa a1. "a
..tasd the said mortgage Will be fofecoseo y
sale OF the premises therein desenoso a. pss..
.,ct,on at the front door OF the panH.nt n'1'ss
49, of the Fulton County National Bank
S,o" C,a.~..,,,e corner Of Fulton and Main strsseA
~ C,orersylllc Fulton County. n. T.. on suns u
,a,s At ten o'clock IN ths forenoon OF that das
M. s.ia premises are described In said morsae
IS follows -
DfCvSfIy
vomntsin Lake Electric Railroad Company vhsea
I, had January i. 1909. or which 1t thsfe.na
scon,red: including all Its railroads constructed
In process Of construction January ]. lsoe. 9
,hareafter constructed its lines Of railroad nc
the intersection OF West State Street ard Nosss
Msin Street in Gioyersviie. Fulton County -
York. to Mountain Lake. in the Town OF joan
town. Fulton County. Nov foK; toeN-
With ail lands md real estate which said kss.
road Company had January ]. 1901
which 4, thereafter acquired: all huildne =
STRUCTURES which It had January !. 1894
which 1t thereafter scquired: all property
fshta appertaining 10 said railroad or the eaut
and operstion thereof or 10 said real e.sass; q
supnr STRUCTURES. rata. switches ties iron. bclo
sniiccs: ali rights OF way. car houses. ana ~
huildinrs: ali Axtures. mschirery. tools fmpae
hridrrs fences power houses. dynxsDos. poleA -,
TIC wire and appliances Of every kind and 49,
sppe-t aiming to said read: materials and 9
for the construction and equipment OF sato feSss
and buildings: I'll ears and every KIND ~ -
stock - -
Tho terms Of sale VIII b made known q ~
OF eaid sale, and moro particular cesGs
the property and properties ~ ee soid wtu - -
known on request as tho tsrne cf easa sel&
Dated. March L.. 19lS
0loyursytlle. ". J. ss5ss3$