Gibson
County Trust Deed--June 5, 1891
Samuel H.
Williams & Ransom W. Williams to J. J. R. Adams. Registered July 24, 1891
Submitted
by Bobby J. Williams and Janie Williams Morris
Samuel H.
Williams was our great grandfather and Ranson W. Williams was our
grandfather.
S. H. & R. W. Williams )
Registered July 24, 1891
To: Trust Deed ) The
State of Tennessee---Gibson County
J. J. R. Adams )
We S. H. & R. W. Williams of said county & state
being justly indebted to J. J. R. Adams under the fir's name of J. J. R.
Adams
by act due October 1, 1891 for seventy-five
dollars and felling anxious and desirous of securing said J. J. R. Adams in
the above
mentioned amount; and for all supplies and
advances he may furnish me during the year, I have this day bargained and
sold
and do by these presents deliver unto said J. J.
R. Adams our entire crop consisting of 25 acres in cotton and 12 acres in
corn now growing on the land owned by E. T. Trusoy in the 3rd civil district
of said county.
Also the following described personal property
to sit one sorrel mule about 18 years old, also one black colored cow
unmarked, also a wagon and harness.
We agree to gather said crop in good time;
deliver the cotton to some convenient gin, and take ginner's receipt for
same in the name of J. J. R. Adams and when bailed deliver to him at
Humboldt, Tennessee as soon as it can reasonable be done.
I am not to convert any portion of said crop to
our own use without the knowleldge and consent of said J. J. R. Adams
and he is to have absolute control as to
selling, and when sold to apply the proceeds to our credit, and if there
should be more than will discharge our total indebtedness and all interest
and cots therein, the balance, if any, to be paid over to us.
Now, should we fail in complying with our part
of contract on or before October 1, 1891, then the said J. J. R. Adams can
at his will and pleasure enter our premises and take charge of our crop and
the same gathered at our expense and sell the same or enough thereof to
satisfy the debt in full and all costs therein.
It is agreed and understood that we are to
retain possession until the 1st day of October next, at the expiration of
which time, unless the indebtedness herein secured as above set forth,
shall have been paid in full, it shall and may be lawful for the said J. J.
R. Adams by virtue hereof without--or process of law, to take possession of
the aforesaid personal property and sell or dispose
of the same, either at public or private sale
and after paying the indebtedness herein secured as above specified, all
interest
and costs thereon, the balance, if any, paid
over to us.
Bond and oath mortgages waived. In testimony
whereof I have here into affixed our signatures.
This 5th day of June, 1891.
S. H. Williams
R. W. Williams
