Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1918-02-09
NOTICE OF TRUSTEES SALE


Whereas, Pittsburg- Dolores Mining Com
paIy, 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 pages II to ~
inclusive, grant. bargain, sell. aliene, re-
lease, convey, assign, transier and set over
unto Fidelity Title and Trust Company
Of Pittsburg, co poration. as trustee. all
its estate, right. title. interest property,
possession, claim and demand whatsoever.
as we'll in law as in equity, of, in and to
all its property, real, personal and mixed,
hereinafter mentioned and described in
trust to secure the payment of Its coupon
bonds of even date with said deed of trust
in the aggregate sum Of Sl75, 900 90, with
interest thereon at the rate Of six per cent
per annum from date until paid, payable
semi-annually on the first days Of April
and October thereafter; and
Whereas, it is expressly agreed and pro-
yided in and by the terms of said deed of
trust:
That the said mining company will pune
tually pay tho principal and 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
said bonds, or in the payment of the prin
cipal of any OF said bonds at the maturity
thereof, or in any other matter or thing
to be done, kept r performed by said COM
pany according to and under the terms
and provisions Of said deed of trust, and
said default shall continue for period of
three months, the principal Of all bonds
by said deed Of trust secured shall, at the
option OF the trustee, or its uccessors, be-
come INN ediately due and payable, any
thing contained in said bonds or in said
deed of trust to the contrary notwith-
standing.
That in case default shall be made and
continueda as aforesaid, it shall be likewise
lawful for the said trustee TO sell the prem
ises and property by said deed OF trust
conveyed, or Intended to be conveyed, ut
public auction, in the county of Mineral,
State of Nevada, TO the hig hest and best
bidder, at such time and place as the trus-
tee, or its duly authorized agent or repre-
sentative shall appoint after first giving
notice of the time and place of such sale
by publication, not Less than once 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 in its discre.
tion may adjourn said sale from time to
time and from place to place in said Min
eral county, Nevada. and after so adjourn
ing may make said sale at the time and
place to which said sale may have been
adjourned; and in 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
| premises and property so sold, which sale
and conveyance made as aforesaid shall
be perpetual 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 pes 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 exercise the power of sale
granted by said deed of trust.
That in case said trustee, or anv succes.
sor OF successors in trust, shall resign or
be removed or become incapable to acl.
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 said company
duly executed aud delivered pursuant to
such resolution and to be recorded to an
point new trustee or trustees TO succeed
the trustee herein named, and such new
trustee or trustees so appointed shall
threupon become vested with all the DOW
ers,authorities and estates granted or CON
Ierred 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
conveyancea.
mat 1or the purpose of creating a sink
Ing fund for the redemption and retiring
OF said bonds, the company shall set apart
and pay quarterly to the trustee sum
equal to one dollar per ton for each ton of
ore extracted ana miiled from the mine
upohsaid mortgaged premises.
And, Whereas, said Fidelity Title and
Trust Company of Pittsburg has resigned
as such trustee and its resignation has
Deed accepted, and the undersigned Sam.
uel H. Mckee and A. Yignos, have been
duly elected and appointed az successors
In trust In the form and manner as In soid