The Seward gateway daily edition, and the Alaska weekly post., 1920-10-16
NJTICE -OF- SALE AY- TRUSTEE

1nOfsSdSe III lOIlH Ol ueeu O IIuStS W the Bank of Seward, a corporation, doing business at Seward, Alaska, as Trustee, for the use and benefit oi the owners and holders of thirty, five year, eight per cent. bonds of the de- nom nation of five hundred dollars each, secured by said mortage, cover ing ali the property and assets O. the !noitgagor, as specifically desclibea and set forth in sad mortgage tC .}ccure the payment of the total sum of FIFTEEN THOUSAND DOLLARS .yith interest thereon at the rate Ot eight per centum per annum, payable semi~annually;
 That the semi-annual payment Of interest contracted to be paid upon sa!d bonds is evidenced by certain iI- ;etess coupons attached to each of aid thirty bouds, and secured as uforesaid by said mortgage in regards Q the payment thel eot;
 That the interest due upon said .nortgaged indebtedness upon Septem- per 1st, 1917, as evidenced by the rc- pective interest coupons attached to ,ach of said thirty bonds of the de- omination of Five Hundred Dollars, sas and is fu,iy paid;
 That the semi annual payment of interest upon said mortgaged lndcbt- lneSs. due to be paid on March 1st, 3lS, as evidenced by Coupons No. / .ttached as aforesaid, to each O. aid thirty bonds, was. and IS pad H. .part only; that is to say: payment If such interest in the sum of Three iundred Dollars was made and appli- d to the payment of the accruing in crest coupons due on sad date, upol. :onds numbered sixteen tl6) to thlr- (a0) inclusive; that the sum oi hree Hundred Dollars covering the mount of interest indebtedness duo n March lst, 1918, upon Bonds numb red one (l) to fifteen tl3) lncluSiVe, , wholly unpaid;
 That by the terms and provisions f said mortgage any and all overdue nstal.ments of interest bear interes, | the rate of eight per Centum pel mum until paid;
 That the acc.ucd Scmi-allnuai pay lenl of interest upon sad moItG.Ser indebtedness, due to be paid, unue. ne terms of said mortgage, on Sept mber lst. 1918, as evidenced by Cou~ ,on No. 9: attached to each CT sac dirty bondS, in the tOtai sum oi SIX iunGred Dollars was and is wholly .npad;
 That default has been made in the ,lms and coalitions of sad mort age, by failure to pay the interest, d. ,lacnced by the interest coupons g.. ached 70 sad bonds, as aforesaid, ana uch default has continued TOT more nan six montths:
 That none of said thirty bonds, so 5 aforesaid of the denomlnatton O. i've Hundred Dollars, each. numbered yom One CD to Thirty (3O) inclusive re. or nave been, pad, and the tota mount or said bonds, to-wlt: the sum i Fifteen Thou sand Dollars IS wholly npaid;
 That on January 2Oth 1920, as shown V affidavit of the Trustee, which atti- avit was made for the purpose O. ompiying with the Compiled Laws 0: ne Territory of Alaska relative to tht enewal of mortgages upon persona ,roperty within s..!d territory, the to- Ii amount due, both principal and ,lteresr, was in the sum ot Sixteen thousand Nine and 99-lOOthS dollars Sl6.O09.99);
 That since said date of January 9th. 1920, further default has been ,ade in the payment of interest cou- .ons attached to said bonds as afore- aid. and the GATEWAY PUBLISH NC COMPANY has announced its ii'- bi,ity to meet ard pay it's interest oupons attached to said bonds;
 That thereafter, on the 1th day O. ,eptember, 1920, by resolution adopt q at meeting of the bondholders, herein more than a majority ot sac ,onds were represented, in person O. " proxy, the Trustee, to-Wlt, tic ;ark of Seward. was authorized U akc possession ot the property of the nortgagor, and to sell the same ln q ordance with the provisions of tht ,ust deed. without recourse to pro -aeding in court.
 THEREFORE. by the terms and ,rovisiors of said mortgage, upon th, ::araand therefor made. the Bank oi ,;award, Trustee aforesaid. does here~ Y announce ald &Ne pubic noGit nat. after th.s nCcicn sFH. GT published in the Seward Gateway for period of at least once a week for .en weeks, a sale of all the property or the GATEWAY PUBLISHING COMPANY, covered by said mort rage viii be helI by said Trustee, for .ha purpose of paying off, cancelling or liauidating the mortgage indebted ,sS so represented by said bonds, :ith the unpaid interest coupons as .stachad to the respective bonds.
 The terms Of such sale are as fol-
 WIS: For cash. Bonds in the hands of aona fide holders. for value, may be 2ffered and rendered in payment oi the amount bid. Possession to be giv- en shall be immediate. The right to .he use of the name. THE SEWARD GATEWAY" and "THE ALASKA WEEKLY POST" goes to the pur- chaser of the property covered by the mortgage;
 : Date of sale. Saturday, the 27th I,1, oc No,ap,hnr 1020 Tho dotn of