The Seward gateway daily edition, and the Alaska weekly post., 1920-10-29
N6TfCE 0F S1LE BY TRUSTEE

executed ana delivered 1tS cefta1n mortgage in form of deed of trust, to the Bank of Seward, . corporation, doing business ct 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- nomination of five hundred dollars each, secured by said mortage, cover inn all, the property and assets of the nortgakor, 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 censum per a1num, payable seni-Annually;
 That the semi i-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 mortgaged indebtedness upon Septem- Der 1st. 1917, as evidenced by the, re- spective interest coupons attached to each of said thirty bonds of the de- aomination of Five Hundred Dollars, was and is fully paid;
 That the semi annual payment of interest upon said mortgaged indebt- .dness. due to be paid on March 1st, 1918. as evideQced by Coupons No. z 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- crest coupons due on said date, upon Bonds numbered sixteen (l6) to thir- ty (3O) inclusive; that the sum of Three Hundred Dollars covering the amount of interest indebtedness due on March ist, 1918, upon Bonds numb sred one CD to fifteen (15}SinclusiVe, is wholly unpaid;
 That by the terms and provisions of said mortgage any and all overdue installments of interest bear interest 1t the rate of eight per centum per ,nnum until paid;
 That the accrued semi-annual pay ;nent of interest upon said m0rtgaged indebtedness, due to be paid, under the terms of said mortgage, on Sept ,Inber 1st. 1918. as evidenced by Cou. pon No. s. attached to each of said thirty bonds, in the total sum of SIX Hundred Dollars was and is wholly unpaid; ',
 That default has been made in the terms and couditions of said mort gage, by failure to pay the interest. ss evidenced by the interest coupons at- tached to said bonds. as aforesaid, and such default has continued for more chan six montths:
 That none of said thirty bonds, so as aforesaid of the denomination of Five Hundred Dollars. each. numbered from One CD to Thirty (3O) inclusive. are, pr have been. paid, and the total ln punt of said bonds. to-wit: the sum ,f Fifteen Thousand Dollars is wholly unpaid;
 That on January goth 1920. as shown by affidavit of the Trustee. which affi. {ayit 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 99-1OOths dollars ($l6. .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- said, and the GATEWAY PUBLISH ING COMPANY has amounted its m. ability to meet and pay it's interest coupons attached to said bonds;
 That thereafter. on the 7th day ef September, 1920. by resolution adopt cd at a meeting of the bondhoiders, wherein more than . majority of saad I,onds were represented, in person or by proxy, the Trustee,> to-wit' the Bank of Seward. was authorized to take possession of the property of the mortgagor, and to sell the same la ac- cordance with the provisions ef the trust deed, without recourse to pro- ceeding in court.
 THEREFORE, by tho Asrms and provisions of said mortgage, rpon the demand therefor made. the Bank o1 Seward, Trustee aforesaid. does here by announce and give public notice that, after this notice shall have b
 published in the Seward Gateway for .a period of at least once a week for ten weeks, a sale of all the property of the GATEWAY PUBLISHING COMPANY. covered by said mort gage will be held by said Trustee. for the purpose of paying off, caneelling or liqlidating 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. lows: For cash. Bonds in the hands of bona fide holders, for value, may be offered and rendered in payment of the amount bid. Possession to be giy- en shall be immediate. The right to the .use of the name. THE SEWARD GATEWAY" and 1.-THE ALASKA WEEKLY POST" goes to the pur- chaser of the property covered by the nottgage; Date of sale. Saturday, the s7th iav of November. 1920. The date of