The Seward gateway daily edition, and the Alaska weekly post., 1920-11-19
NOTICE OF SALE BY TRUsTEE

mortgage in form of deed of trust, to the Bank of Seward, . corporation. doing business st Seward, Alaska, as Trustee, for the use and benefit of the owners and holders of thirty, five year, eight per cent. bonds of the de- aolainatich of i've hundred dollars each, secured by said inortage, cover- ing all the property and assets of the inortgagor, as specifically described and set forth in said mortgage to secure the payment of. the total sum of FIFTEEN THOUSAND DOLLARS with interest thereon at the rate of eight per eentam per anuum, payable semi-annually;
 That the semi-annual payment of interest contracted to be paid upon said bonds is evidenced by certain in- terest coupons attached to each of said thirty bonds, and secured as aforesaid by said mortgage in regards to the payment thereof;
 That the interest due upon said lnortgaged indebtedness upon Septem- Der 1st. 1917, as evidenced by the re- spective interest coupons attached to each of said thirty bonds of the de- noi ilnatis I of Five Hundred Dollars, wa .4nd Is fully paid;
 rhat the semi annual payment of interest upon said mortgaged indebt- edness, due to be paid on March 1st, 1918. a.; evidenced by Coupons No. 2 attached as aforesaid. to each of said thirty bonds, was and is paid in part only; that is to say: a payment of such interest in the sum of Three Hundl ed Dollars. was made and appli- ed to the payment of the accruing in crest coupons due on said date, upon Bonds numbered sixteen (16) to thir- y t30) inclusive; that the sum of Three Hundred Dollars covering the amount of interest indebtedness due on March 1st. 1918. upon Bonds numb cred one CD to fifteen t15) inclusive is wholly unpaid;
 That by the terms and provisions of said mortgage any and all overdue ;nStallments of interest bear interest at the rate of eight per centum per annum until paid;
 That the accrued semi-annual pay. ment of interest upon said mortgageG indebtedness. due to be paid, undel ;he terms of said mortgage, on Sept ,mber lst. 1918, as evidenced by Cou- pon No. 3, attached to each of saic ehirty bonds. in the total sum of siy Hundred Dollars was and is wholly unpaid;
 ' That default has been made in the terms and conditions of said mort gage, by failure to pay the interest, al evidenced by the interest coupons at tached to said bonds. as aforesaid. ant such default has continued for more than six months:
 That none of said thirty bonds, st IS aforesaid of the denomination of rive Hundred Dollars, each, numbered rom One CD to Thirty (30) inclusive ire. or have been. paid, and. the tota mount of said bonds. to-wit: the sun If Fifteen Thousand Dollars is wholly unpaid; ..,...
 That on January 20th 1920, as shown by affidavit of the Trustee. which affi. iavit was made for the purpose of complying with the Compiled Laws of he Territory of Alaska relative to the renewal of mortgages upon personal property within said territory, the to. /. al amount due. both principal and interest. was in; the sum of Sixteen Thousand Nine and 99-l00ths dollars t$16,009.99);
 That since said date of January 20th. 1920. further default has been made in the payment of interest cou: o0ns attached to said bonds as azora, .,aid, and the GATEWAY PUBLISH. ING COMPANY has announced its in- ability. to meet and pay it's interes, coupons attached to said bonds;
 That thereafter. on the 7th day of September, 1920, by resolution adopt ed at a meeting of the bohdholders, wherein more than majority of said bonds were represented, in person or by proxy, the Trustee, to-wit, the Bank of Seward. was authorized to sake possession of the property of the mortgagor, and to sell the same in ac- cordance with the provisions Of the trust deed. without recourse to pro- seeding in court. E
 THEREFORE. by the terms and lprovisions of said mortgage, vpon the demand therefor made. the Bank of Seward, Trustee aforesaid. .a es here ;oy announce and give public notice that, after this notice sh; r,c r published in the Seward Gateway for l period of at least once 8 week for len weeks, a sale of all the property of the GATEWAY PUBLISHING COMPANY. covered by said mort gage will be held by said Trustee, for he purpose of paying off, canceiling )r liquidating the mortgage indebted less so represented by said bonds. with the unpaid interest coupons as lttached to the respective bonds.
 The terms of such sale are as fol- .ows: For cash. Bonds in the hands ot bona fide holders, for value, may be offered and rendered in payment d he amount bid. Possession to be 9iv- en shall be immediate. The right Ate he use of the name. THE SEWARD iATEWAT" and "THE ALASKA WEEKLY POST' goes to-. the ptlr- .haser of the property covered by the mortga4e; a<e .s Date of sale, Saturday. the 27th lav of November. 1920. The date of the first publication of this notice is