Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1869-07-15
FOR SALE AND RENT.
NOU Mt VERNON COTTON FACTOR
I1 Al ALEXANDRIA, VA,


BY an order OF the Hon. j. G. Underwood,
Judge OF the u. ). Circuit Court for the Dis
trlct OF Virginia, made by consent ol parties, nj
Chambers, OR the 10th day of July, 1869, in the
cause III chancery, III which Turnball Il Co
are complainants, and Abijah Thomas and 9TH
ers are defendants, the undersigned vera ap-
pointed Commissioners TO receive proposals for
purchasing the Mount Vernon Cotton Factory
IN The city ol Alexandria, Virginia, and all the
land belonging thereto. MS conveyed by Ali
lah Thomas and vile to Reuben Johnston,
Trustee, by deed OF the .}d day of January,
1sGG, Qiber ~, No. 3. of the land records OF
Alexandria county, with all the machinery,
fixtures, apparatus and personal property, be-
longing 70 or used with the said Factory;
Proposals will be received until 10 o'clock a.
H. ol Saturday, August Ia, 1853, on which day
they Will be opened by one Of the Judges Of
lho Court in presence of the undcrs gned.
They must be scaled, endorsed proposals for
the purchase Of tle Mount Vernon Cotton Fac
tory at Alexandria, Va, and all the real and
personal estate machinery and apparatus be-
longing thereto" and addressed To Reuben
Johnston, Commits sioner. They must state the
price offered, and the names of the surcties pro-
posed to join in the bonds for the deferred pay
ments. All oilers must be made on the follow
ing terms One fourth of the purchase money
to be paid III cash on acceptance OF the offer,
and the residue in equal instalments at six,
twelve, eighteen and twenty four months from
tho day of sale, to BIO secured by the bonds of
the purchaser, with good security, bearing in
terest from the date of the acceptance of tho
offer. and it. sanction by the Court. or one of
The Judges thereof: the title to be retained UNI
til tho purchase money is fully paid, and the
property to DO liable 10 resale. by an order in
said cause, at tho cost and risk Of the purchas-
or, upon his failure to comply with the terms
of sale and, as u further provision in the sale,
the purchaser to be required 10 keep insured
the buildings and machinery of the said f &C
tory in one or more safe insurance companies,
in the sum of sixty thousand dollars, and to
transfer and assign tho policies Of insurance to
the undersigned.
The said Factory stands upon lot binding
about go feet on Washington street, and 123
feet on Pende.on street. The buildings arc o.
brick, covered with slate the Factory is four
stories high, and contains $500 spindles, ia
looms and other machinery in proportion. -
The buildings are in excellent order, and arc
remarkably strong; and the machinery is all
in good fair working order. The engines and
boilers (Coriss patent) are Of 100 horse power,
and have been in use less than a year. The
mill has now capacity for 5000 yards of brown |
sheetng per day, and at a small expense in
altering its arrangements, its producing capacity |
can be increased to lG0 looms. The bid. must
be for the whole Establishment in bulk.
The town Of Alexandria is connected by rail |
roads with all parts OF the county rs we'll Us hy |
the Potomac River and tho Chesapeake and |
Ohio Canal, by which last Cumberland coal is |
supplied at low rates.
Tho stock OF cotton on hand, in process of
will also be disposed Of separately |
for cash, on proposals to be mado as aforesaid |
the money to be paid on acceptance OF the offer.
X. JOHNSTON,
+. l.. SMITH,
II. O. CLAUGHTON,
h. Nj. LOWE,
iv II cots Comm rs. OF Sale
Virginia State Journal Baltimore Sun, Phls.
Ledger, N. Y. Journal of Commerce, Boston
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