Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1869-07-20
FOR SALE AND RENT.
MOUNT VERNON COTTON FACTORY
M AT ALEXANDRIA, va

FOE SALE.
By 81 order OF the Hon. j. l.. Under wood
Judge Of the u ). Circuit Court for the IA.
trict Of Virginia, made by consent of parties. hi
Chambers, Or the 10Th day of July. 1869, IN the
cslIse in chancery, in which Turnbull q Co.
are complanan!s, and AbDah Thomas and 9TH
.r, are defendants, the undersigned were ap
pointed Com nlissioners 10 receive proposHla Tor
purchasng the Mount Vernon Cotton Factory
In the city OF AoXandria. Virginia, and all the
land belonging thereto as eonEeyea Jy nu,.
Trustee, by deed of the 28d day OF January,
1865, Liber K, No. 3, Of the land records OF
Alexandria county, } with all the machinery,
fixtures, apparatus and personal properly ne
longing t. or used with the said Factory,
m. of Saturday August a. 1863. on which day
they will be opened by one of the Judges oil
he Court, in presence Of tta underslgned.@
They must be sealed, endorsed "proposals for
the purchase Of the Mount Vernon Cotton Fac,
tory at Alexandria, Va. and all the real and
longing thereto and addressed to Reuben
Johnston. Commissioner. They must state the
price offered, and thu names of the sureties pro-
posed to join in the bonds for tho deferred pay
ments. All offers must be made on the follow
ing terms One-fourth Of the purchase money
to be paid in cash on acceptance of the offer
and tho residue In equal instruments at Elk
twelve, eighteen and twenty four months IRON
the day OF sale, to be secured by, the bonds o
tho purchaser. with good security, bearing ~
forest from the date of the acceptance OF the
offer. and it, sanction by the Court. or one o
the Judges thereof tho title to be retained un
til the purchase money is fully paid, and thu
property to be liable to resale, by an order In
said cause at the cost and risk of the purchas'
or, upon his failure to comply with the terms
of sale: and, as n fnrther provision in the sale
the purchaser to be required TO keep insured
the buildings and machinery of the said Fac
tory, in ono or more safe insurance companies,
in the sum of sixty thousand dollars, and t.
transfer and assign tho policies OF inIurance to
the undersigned. >,
The said Factory stands upon lot binding
about $50 feet on Washington street, and l2t
feet on Pendle.on street The buildings are o:
brick, covered with slate the Factory is fonl
stories high, and contains $500 spindles, 12i
looms and other machinery in. proportion. .,
The Office and picking house are detached
The buildings are in excellent order, and are
remarkably strong and the machinery Is all
in good fair working order. The engines and
boilers (Corliss patent) are of 1U) horse power,
and have been in use less than a year: The
mill has now capacity for 5000 yards OF brown
sheeting per day; and at small expense IN
altering its arrangements, its producing capacity
can be increased TO 100 looms. The bids must
be for the whole establishment in bulk, -,
Tho town Of Alexandria is connected by raii'
roads with all parts of the country, as well as by
the Potomac River and the Chesapeake and
Ohio Canal, by which last Cumberland coal /:
supplied at low rates.
The stock of cotton on hand, in process OF
manufacture will also be disposed OF separated )
for cash on proposals to be made as aforesaid
the money to be paid on acceptance Of the olier
II. JOHNSTON,
+. l.. SMITH,
II. O. CLAUGHTON
4. Nj. LOWE,
:1t 49, Cnmmire of Saln