Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1918-01-05
no ICE OF TRUSTEES SALE

hereaS, flbtsDufB-l olore5 Mining Noin-
paLy, a corporation organized and exist
ing under and by virtue OF the laws of the
State of Arizona, did by its certain deed
of trust, dated October /, 1911, and re-
corded in the Office of the County Record
er of Mineral county, State OF Nevada, in
volume of mortgages, at pas II to 23
inclusive. grant, bargain sell aliene, re-
lease codysy, as ign,trau eier aud set over
unto Fidelity lite and Trust Company
of Pitts0urg co poration, as trustee, ali
its estate, right. title, interest property,
possession, lain and demand whatsoever,
us we'll in law as in equity, Of, in and to
all It's property. real, personal and mixed,
hereinafter mentioned and described IN
trust To secure tho payment OF Its coupon
bonds OF even date with SAID decd OF trust
in the aggregate sum OF Sl75,000 60, with
intereot thereon at the rate OF six per cent
per annum from date until paid, payable
semi-annial y on the first days of April
and October thereafter; and
Whereas, IL Is expressly agreed and pro-
vided in and by the terms OF said deed of
trust:
That the said mining company will pune
tually pay the principal aud interest OF
the said bonds according to the terms
thereof.
That in case default shall be made in
the payment of any interest on any of
-aid bonds, or in the payment OF The prin-
cipal Of any CT said bonds at the maturity
thereof, or il any other matter or thing
to be done, kept { performed by said COM
| any according to and under the terms
ana provisions of said deed Of trust, and
aid default shah continue for period of
three months the principal Of all bonds
! by said deed / trI It secured shall, at the
option Oh The trustee, CT its lccess ors, be-
come INN eGiateiy due and payable, any
thing contained iii said bonds or in said
deed OF trust to the contrary Iotwith-
| standing.
That in case default shall be made and
continueda5 aforesaid, it shall be likewise
awful Tor the said trustee To sell the prem
ises and property by said deed of trust
conveyed, or Intended to be conveyed, at
public auction, in the county Of Mineral,
State Of Nevada to the hie hest and best
bidder. at such time and place as the trus-
tee, or its duly authorized agent OF repre-
sentative shall appoint. after first giving
notice OF the time and place of such sale
by publication, not less than once q week
for not less than four weeks in not less
than two newspapers IN Mineral county,
Nevada, or said trus ee or its duly author
lied agent or representative III its discre-
ton may adjourn said sale from time to
time and from place to place in said Min
eial county. Nevada, and after so adjourh-
ing MAY make said sale at the time and
place to which said sale may have been
adjourned; and i'll case of sale as afore-
said, said trustee shall make and deliver
to the purchaser or purchasers thereof a
good and sufficient deed or deeds for the
premise a2d property SO sold, which sale
and conveyance made as aforesaid shall
he perpetua! bar. both in law and in
equity, against said company and all per-
sons lawfully claiming or TO claim the SAID
premises or property, or any part thereof,
by, from, through or under the said com.
pany,
That upon the request In writing OF the
holders OF said bonds to the amount OF
twenty-five per cent OF the par value of
all bonds then outstanding, issued under
said deed of trust, it shall be the duty OF
the trustee to exerc Sc the power Of sale
granted by said dee of trust
That in case said trustee. or any success. |
SCR or SUCCESSORS in trust, shall resign or |
be removed or become Incapable to act |
under said trust, the company shall have |
the right, full power and authority, bv |
resolution of its board OF directors and by |
writing under the seal of s, Id compapv !
aaly executed aud delivered pursuant to |
saeh resolution and to be recorded. to ap- |
point new trustee OF trustees to succeed |
the trustee herein named, and such new |
trustee or trustees SO appointed shall |
thieupon become vested with all tho o,y
era,authonties and estates granted or con.
telred upon the said second party by these
presents, with all the rights and interest
requisite TO execute the purposes OF said
trust without any further assurances or
convey ances.
lhat Tor the purpose of creating & sink
ing fund for the redemption and retiring
OF said bonds, the company shall set apart
ana pay quarterly to the trustee a sum
equal to one dollar per ton for each ton of
ore extracted ana milled from the mine
upon said mortgaged premises.
Ana, whereas, said Fidelity Title and
trust Company OF Pittsburg has resigned
as such trustee and its resignation has
oeea accepted, and the undersigned. Sam.
uel H. Mckee and a. vignos, have been
duiy elected and appointed as successors
In trust in the form and manner us In said
deed OF trust provided and are now the
qualified and acting trlIstees undar s,id |