7/17/1886 · MORTGAGE · book 11 page 392 doc 4997

392 assigns that I will warrant and defend the aforesaid described premises to the said Stephen Brownell his heirs and assigns forever, against the lawful claims and demands of all persons claiming by, through, or under me, In Testimony whereof I have hereunto set my hand and seal this 23rd day of June in the year of our Lord one thousand eight hundred and eighty six. Signed sealed and delivered in presence of George G. Cross Mary E. Cross Dudley Hopkins S. S. his mark State of Rhode Island & sc Washington for sc In Charlestown in said county in this 23rd day of June AD 1886 the above named Dudley Hopkins personally appeared before me, and acknowledged the foregoing instrument to be his free act and voluntary act and deed. George G. Cross Notary Public Received for record June 26th 1886 at 7 oclock P.M. and returned by George G. Cross Town Clerk At a meeting of the stockholders of the Farnishmichael Manufacturing Factorying Company held in Westerly, in the State of Rhode Island this 26th day of June AD 1886, it was voted: That the treasurer be and he is hereby authorized to negotiate a loan of seven thousand dollars on the mill property of said corporation known as the "farnished" property and the "Green Hill" property upon the best terms possible, and that the President be and is hereby authorized to execute a mortgage or mortgages therefore and the Treasurer to sign each note or notes as may be required. Now then all men by these presents that the Farnishmichael Manufacturing Company a corporation duly incorporated under and by the laws of the state of Rhode Island and in consideration of the sum of seven thousand dollars to be paid by the "chanics Savings Bank" of Westerly and "Mechanics Savings Bank" both the said banks be- ing located and doing business in Westerly, county of Washington and state of Rhode Island, the receipt whereof is hereby acknowledged, these presents do sell convey and confirm to the said Savings Banks their successors and assigns forever, one certain tidal or parcel of land together with the mill dwelling houses and other buildings and improvements thereon standing

393 commence the Green Hill Bull Bull and situated in the town of Doreth Kingston in said Washington County containing by estimation ten (10) acres the same more or less and bounded as described as substantially as follows viz Northly by land now or formerly of George H Browning Easterly by land now or formerly of Whitney Porter Southerly by land now or formerly of Daniel B Browning and Westerly by land now or formerly of the heirs of John Browning increased or formerly owning the same or may be bounded Being the same land that was conveyed to George Cornwall and others by deed from Henry B Champlin dated May 1st AD 1806 and recorded in the land records of said town of North Kingston reference thereto being hereby had and made Also a certain other tract or parcel of land situated in said town Kingston containing seventy (70) acres more or less and all buildings and improvements thereon standing and bounded as described substantially as follows viz Northerly by land now or formerly of George A Rothwell and Honest R P Rothwell Westerly by land now or formerly of said George A Rothwell Easterly by land now or formerly of the heirs of Jonathan Healey deceased and Southerly the fence now or formerly of George H Browning and Mary Philbrick or number thereto the same may be bounded or described referring and intending to convey all the land that is a wood be covered by the waters of the mill pond when kept up to the height of the present dam being an estate formerly owned by John Miller late of said North Kingston deceased reference being hereby had and made to a deed of said tract of parcel of land from William S Lawton to Alexander Cornwall and Cousins A Sheffield dated the 13th day of September AD 1807 and recorded in Book No 20 page 58 & 59 of the records of said town of North Kingston for recording deeds of real estates in a more particular description thereof Also a certain other tract a parcel of land situated in said town of North Kingston and bounded and described substantially as follows viz Beginning at a point between land now or formerly owned by John R Browning and house of A Carmichael say Here may said Green Hill mill on the South side of the driveway a travelled path thence Easterly bounding Southerly on a path eighty (80) feet thence Westerly Southerly bounding Westerly on land now or formerly belonging to said John R Browning until it comes to the mill Brook thence easterly bounding southerly by said Brook to land of said A Carmichael Also thence northerly bounding easterly on said A Carmichaels land to the place of beginning or however otherwise the same may be bounded or described Being the same premises that were conveyed to A Carmichael and others by deed from John R Browning and dated the 10th day of September AD 1888 and recorded in said town Kingston L deed Book No 26 at page 393 reference

394 thereto being hereby had and made for a more full and particular description thereof, meaning and intending also to convey with the aforesaid lots of land all the mills and buildings of whatever manr or kind standing thereon, together with all water rights and all rights privileges and easements connected with or appurtenant thereto and all and singular the following described machinery that is located on said premises viz: [illegible] of Cards, Jacks, 1 Wheel, 20 looms, 1 Marker, 1 Spooler, 1 Dresser, 1 Engining, 1 Boiler, 3 Days kettles, 1 More Pot (for washing wool) 1 Turning Lathe, 1 load of Boiler, 1 Cloth Press, 1 Shear, Also one other Lot or parcel of land comprising four (4) lots known as the Hamlet called shrubs, situate in the town of Richmond and the town of Charlestown in said Washington county consisting of a manufacturing property and mill estate with all the buildings thereon standing, old and demolished and described substantially as follows, viz: the lot of land situated in said Charlestown is bounded as follows, viz: northerly by the highway which crosses the Pawtuxet river, on the easterly side of Pawtuxet River and southerly and westerly by the lands of the heirs of Colby & Dennison, described, and contains by estimation thr (3) acres be it the same more or less. The first lot of land on said Richmond is bounded as follows, viz: on the northerly by the New Providence and Boston Railroad, on the easterly by the aforesaid highway, on the southerly and westerly by said Pawtuxet River, and contains by estimation eight (8) acres be the same more or less the said second lot in said Richmond is bounded as follows, viz: Beginning at the northwesterly corner of said lot and at the corner of the highway which said highway intersects said Railroad and running in an easterly direction by said side said railroad and running into lands of Martin Parks, thence southerly by and with said Parks lands and lands of Yr. Lo. Sauphan, thence again easterly by and into the southerly line of said Sauphan's lands to the highway, thence southerly by and with said highway to said Pawtuxet river, thence westerly by and with said river to another highway, thence northerly by and with said river to another highway, thence northerly by and with said last mentioned highway to the place of beginning; the said third lot of land in said Richmond being bounded at the extreme corner of said lot on the line of said railroad but adjoining the premises of Yr. Lo. Sauphan and now used by said Sauphan as a place of residence, running in an easterly direction by and with said railroad to lands of Martin Parks, thence southerly by and with said Parks land to the Pawtuxet river, then westerly by and with said river to the highway, thence north easterly by said highway to lands of Yr. Lo. Sauphan, thence again easterly by said highway and with the southerly line of said Sauphan's premises, thence northerly by and with the east line of said Sauphan and again northerly by and with the place of beginning, together with all water rights and all rights privileges, and easements connected with or appurtenant thereto Is granted and to hold the said grant and bargained premises with the privileges and appurtenances thereof to the said Granite Savings Bank and the said Mechanics Savings Bank

their successors and assigns forever. And the said Carmichael Manufacturing Company for itself to successors and assigns does hereby covenant with said Savings Banks respectively that the above granted premises and said personal property are free from all incumbrances, that it has good right to convey the same to hold as aforesaid, and that it will warrant and defend the same to the said Savings Banks respectively their successors and assigns against the lawful claims and demands of all persons the condition of this deed is such that whereas the said Carmichael Manufacturing Company has by its treasurer for that purpose duly authorized and empowered executed to two negotiable promissory notes bearing same date herewith and made payable to one the said Mantle Savings Bank or order, said notes after date for the sum of three thousand five hundred dollars, with interest payable semi-annually in advance at six per cent per annum, and one to the said merchandise Savings Bank, or order, six months after date for the sum of three thousand five hundred dollars with interest payable semi-annually in advance at six per cent per annum. Now therefore the said Carmichael Manufacturing Company its successors and assigns or any person for it other then shall well and truly pay or cause to be paid the aforesaid notes together with the interest thereon according to the tenor thereof then this deed shall be null and void otherwise it shall be and remain in full force and effect Furthermore the said Carmichael Manufacturing Company does hereby appoint Thomas Vincent Treasurer of the said Mantle Savings Bank and J Bardley Dean Treasurer of said merchandise Savings Bank or their successors by said offices respectively as attorneys irrevocable with full power of substitution and of revocation to sell at public auction the said premises at any time after the said notes or either of them, or the said semiannual interest shall have become due and remain unpaid for the space of ten days first giving notice thereof for at least three weeks in some public newspapers printed in said Providence and also in the city of Providence in said state. And upon such sale shall execute granting unto any said attorneys procure to convey or arrange such sale from time to time in the name of said Carmichael Manufacturing Company, or in their names grants general and sufficient deeds of sale of said premises and said personal property with the usual covenants of warranty as to est estate in fee simple in the premises and may collect and receive the purchase money and after paying all the costs and expenses of such sale or sales all other money due from said Carmichael Manufacturing Company to said Savings Banks either or both of them. Land sealed by this

396 mortgage, (the said Carmichael Manufacturing Company hereby agreeing that in case of the sale for default in the payment of the said semiannual interest due then either or both of the said notes, the principal then remaining unpaid or payable on one or both of said notes shall be deemed due and payable on the day of such sale) to pay the residue to said Carmichael Manufacturing Company or its successors and assigns hereby ratifying and confirming all things which may be done by said attorney for the said principal aforesaid. Furthermore, the said Carmichael Manufacturing Company for itself, its successors and assigns, does hereby covenant with the said Savings Bank, that insurance against loss by fire shall be kept and maintained upon the buildings and personal property on the premises aforesaid at such office or offices as shall be approved by them respectively, in a sum not less than seven thousand dollars and the assignments thereon shall be assigned paid and the policies of such insurance shall be and transferred to the aforesaid Savings Bank respectively as a collateral security hereto, and in default thereof they do hereby agree that the respective Savings Bank aforesaid may effect such insurance and the premiums or premiums paid therefor shall be a further lien upon the said estate added to the amount of said notes and securities by these presents. In witness whereof we have caused the name and corporate seal of the said Carmi- chael Manufacturing Company to be signed and herewith affixed this twenty ninth day of June AD 1886. signed, sealed and delivered in presence of the words "locus" "sigill" having first been interlined Alexander Carmichael Albert B. Crafts Carmichael Manufacturing Co By George Carmichael President of the Corporation L.S. L.S. State of Rhode Island ss. Westerly, for County of [illegible] ss. On Westerly this 26th day of June AD 1886, then George Carmichael President of said Carmichael Manufacturing Company personally appeared and acknowledged the foregoing instrument to be his free and deed of the said company before me Albert B. Crafts Notary Public Received for record July 17th 1886 at 12 oclock pm and recorded by George E. Lorres Town Clerk