The Seward gateway daily edition, and the Alaska weekly post., 1920-11-12
NOTICE OF SALE BY TKUSTzE
 fsatawav puhlishin1 CnmpauN

EAk0GkAA9b esADsNSi executed and delivered itS certain mortgase in form of deed of trust, to the HHnk of Seward. . corporation, deing business at Seward Aoeka, as | Trustee. for the use and bens9it of tho owners and holders of thirty, Hvl year, eight per cent. bonds of the de nination of five hundred dollars each. secured by said mortage, cover- ing all the property and assets of the mortgagor, as specifically descnhed and set forth in said mortgage 1, e secure the payment of the total sum of FIFTEEN THOUSAND DOLLARS with interest thereon at the rate of eight per centum per annum, 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 regar4s to the payment thereof;
 That the interest due upon said mortxaged indebtedness upon Septem. Der lst, 1917. as evidenced by the re- spective interest coupons attached t6 each of said, thirty bonds of the de- .lomination of Five Hundred Dollars, was and is fully paid;
 That the semi annual payment ef interest upon said mortgaged indebt- edneSs, due to be paid on March 1st, 1918, as evidenced by Coupons No. ? attached as aforesaid. to each of said thirty bonds, was and is paid in part only; that is to say: payment of such interest in the sum of Three Hundred Dollars was made and appli- ed to the payment of the accruing in- serest coupons due on said date, upon Bonds numbered sixteen (16) to thir. ty t30) inclusive; that the sum of Three Hundred Dollars covering the amount of interest indebtedness due on March lst, 1918, upon Bonds numb sred one Q) to fifteen u5) inclusive, IS wholly unpaid;
 That by the terms and provisions af said mortgage any and all overdpe installmcnts of interest bear interest 1t the rate of eight per centum per annum until paid;
 That the accrued semi-annual pay mcnt of interest upon said mortsaged indebtedness, due to be paid. under the terms of said mortgage, on Sept ember 1st, 1918, as evidenced by Coo- pon No. $. attached to each of said thirty bonds. in the total sum ot SIX Hundred Dollars was and is wholly unpaidi
 That default has been made in thn terms and conditions of said mszt- gage, by failure to pay the interest, as evidenced by the interest coupons at ;ached to said bonds. as aforesaid. and ;uch default has continued for more han six months:
 That none of said thirty bonds, So IS aforesaid of the denomination of Give Hundred Dollars. each. numbered rom One CD to Thirty (30). inclusive, Ire, or have been. paid, and the total mount of said bonds, to-wit: the sum # Fifteen Thousand Dollars is wholly mpaid;
 That on January 20th 1920. as shown ,y affidavit of the Trustee. which aftf. tayit was made for the purpose ef complying with the Compiled Laws ot Ina Territory of Alaska relative to the. renewal 0f mortgages upon persen0 property within said territory, the to. :al amount due. both principal and interest, was in the sum of Sixteen Thousand Nine and 99-lOOths dollars ($l6.009.99);
 That since said date of January 10th, 1920, further default has been made in the payment of interest cou- oons attached to said bonds as afore. aid. and the GATEWAY PUBLISH ING COMPANY has announced it's in, ,bility to meet and pay its interest coupons attached to said bonds;
 That thereafter. on the 7th day ot September, 1920, by resolution adopt ,d at a meeting of the bondholdefa wherein more than a majority of saaE ponds were represented, in person ol by proxy, the Trustee, to-wit the Sank of Seward. was authorizes te take possession of the property of the mortgagor, and to sell the same in ac. cordance with the provisions ot the hust deed. without recourse to pro ceeding in court. ',
 THEREFORE. by the terms and provisions of said mortgage, rpon the demand therefor made. the Bank e1 Seward, Trustee aforesaid. ,k.es here " announce and give public nooce hat, after th.s notice shall have bee' published in the Seward Gateway tol a period of at least once a week to. len weeks, a sale of all the property of the GATEWAY PUBLISHING COMPANY. covered by said mort gage will be held by said Trustee. foa he purpose of paying off. caneellina or liauidating the mortgage indebted ness so represented by said bonds with the unpaid interest coupons as attached to the respective bonds.
 The terms of such sale are as fol- :ows: For cash. Bonds in the hands oi bona fide holders, for value, may be offered and rendered in payment of he amount bid. Possession to be. giv- .n shall be immediate. The right to che use of the name. THE SEWARD GATEWAY" and THE ALASKA WEEKLY POST" goes to the pur chaser of the property covered by tht mortgage;
 Date of sale. Saturday, the 27tl