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Newspaper
Cheyenne State Leader
Location
Cheyenne, Wyoming, United States of America
Date
Jul 05, 1916
Page
7
Default on a note secured by twenty Carbon Timber Company bonds prompts sale of the bonds at the Wyoming Trust and Savings Bank Cheyenne. The First National Bank of Kemmerer Wyoming announces the foreclosure with sale set for July 8, 1916, at noon.
Daily market notes from Denver describe a fair cattle run dominated by Southern stockers with few natives. Beef cattle demand is steady with steers around 9.00 to 9.60, cows 6.75 to 8.25, and veal/calves steady. Feeder and stocker prices hold, hogs show higher tops near 7.66, bulk 9.40 to 9.60, and sheep activity reported as quiet with prices steady.
Eastern Livestock reports July 4 prices in Chicago for hogs and cattle with receipts around 16 000 hogs and 1 900 cattle. Kansas City Omaha St Louis and Saint Joseph market quotes show varying ranges for hogs cattle and sheep with several price brackets and receipts.
A fragmented page shows retail figures for produce and commodities with per unit and per ton pricing. Items include hay, straw, wheat, and various feeds from regional suppliers, along with unclear vendor notes and currency marks.
Pledgee Michael Quealy seeks sale of 100 Carbon Timber bonds with par value 1000 each to recover a note of 25000 dollars at 8 percent interest dated December 1 1912. Bonds dated Sept 1 1907 and pledged as security will be sold July 16 1916 at noon at the Wyoming Trust and Savings Bank Cheyenne Wyoming.
Walter C. Niccolla of Peabody Kansas files a contest to cancel Priscilla Jones Homestead Entry No. 011191 for lands in Sections 18 and 19 Town 19 N Range 65 W Sixth Principal Meridian. The notice warns that allegations include abandonment and no residence or improvements, with a 20 day response period after the fourth publication.
Default on a ten thousand dollar note dated June 5 1914 with eight percent interest. Ten Carbon Timber Company bonds pledged to First National Bank of Rock Springs to secure the debt, now due and unpaid. Foreclosure sale to be held at 6 PM at the front door of the Wyoming Trust and Savings Bank in Cheyenne. The bank will apply proceeds to the debt plus costs. Names include J P Boyer St Cashier and attorneys S Tallaferro Jr and Arthur Poneford. Dated June 24 1916.
Notice states a debt totaling eighty seven thousand dollars owed to Michael Quealy by Carbon Timber Company Wyontes Corporation. The board adopted a resolution at a November 15 meeting authorizing foreclosure action on the described indebtedness. The notice designates the debt as due and payable to Michael Quealy.
Michael Quealy as pledgee will sell at public auction on Sunday July 9 1916 at noon at the fore door of the Bank of Cheyenne to satisfy principal interest and costs on one thousand dollar bonds of Carbon Timber Company Wyoming. The bonds dated Sept 1907 bear 6 percent interest and are pledged to secure the indebtedness. Sale occurs subject to the bondholder agreement dated November 20 1915 and may include multiple bonds as needed to cover all amounts.
The debtor owes 104,491.69 dollars on ten promissory notes and drafts payable to Carbon State Bank Hanna Wyoming. The notes are secured by certificates of Basin Land & Livestock, Elk Mountain Mercantile, Carbon Timber, and other companies pledged to the bank by Andrew Olson, Raymond D. Meyer, H. J. Meyer, K. L. Meyer, C. L. Williamson and KN. D. Meyer. The bank holds these stocks as collateral for the debt and demand acceleration of payment.
Owl Creek Power Company of Hebo Wyoming invites bids by July 10 1016 for pipe materials and hydrants to lay 266 feet 6 inch Matheson pipe 108 feet 6 inch pipe and 1000 feet 4 inch pipe with 4 fire hydrants. Plans by KK Templeton Thermopolis. Bids sealed with five percent certified check to A Barnard agent. Company reserves right to reject any bid.
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