Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1869-07-23
FOR SALE.
MOUNT VERNON COTTON FACTORY
Nl AT ALEXANDRIA, VA,

By gil order of the Hon j. c. Underwood,
Judge of the U. 5. Circuit Court for the Dis.
trict of Virginia. made by consent of parties, at
Chambers, on the 10th day of July, 1869, in the
cause in ehancery, in which Turnbull Co.
are complsinants, and A ijah Thomas and 9TH
ers are defendants the undersigned were APP
pointed Commissioners to receive proposals LOT
purchasing the Mount Vernon Cotton Factory,
in tho city OF Alexandria Virginia, and all the
land belonging thereto. as conveyed by ADJ
jah Thomas and wife to Reuben johnston,
Trustee, by deed Of the 23d day of January,
ls66 (Lber X, No. ), of the land records OF
Alexandria county, with all the machinery,
fixtures, apparatus and personal property, De-
longing to or used with the said Factory;
Proposals will be received until III o CLOCK a.
| IN. OF Saturday, August IA, 1859 on which day
they will DO opened by one of the Judges OF
Tho Court, in presence of the underslgned.-
They must be sealed endorsed proposals for
the purchase of the Mount Vernon Cotton Fac
tory ut Alexandria, Va, and all the real and
personal estate, machinery and apparatus be-
longing thereto" and addressed to Reuben
Johnston, Commissioner. They must state the
price offered and the names of the sureties pro-
posed e join in the bonds for the deferred pay
nents. Ali offers must be made on the follow
ing terms Onc-fourth of the purchase money
10 be paid in cash on acceptance OF the offer,
and the residue in equal nstalments 1t SIN,
twelve, eighteen and twenty four months from
the day OF sale. to be secured by tho bonds OF
terest from tho date of tina acceptance of the
offer, and it, sanction by the Court. or one OF
the Judges thereof: the title to be retained I'M
til tho purchase money is fully paid, and the
property to be liable to resale, by an order in
said cause, at tho cost and risk of the purchas
er, upon his failure 10 comply with the terms
of sale: and, rs u further provision III the sale,
the purchaser to b. required 10 keep insured
the buildings and machinery Of tho said Fac
tory, in ono or more safe insurance companies,
in the sum OF sixty thousand dollars, and u
transfer and assign the policies of Insurance to
the undersigned.
The said Factory stands upon lot binding
about 2oO feet on Washington street, and lZ{
feet on Pendle.on street. The buildings are o.
brick, covered with slate: the Factory is four
stories high, and contains eco splnIies, III
looms and other machinery in proportion. -
The Office and picking house are detached.
The buildings nre in excellent order, and arc
remarkably strong; and the machinery Is all
in good fair working order. The engines and
boilers (Corliss patenD sro Of luJ horse power,
and have been IN uso less than year. Tho
mill has now y capacity for 500 yards OF brown
sheatng per day; and at small expense III
altering its arrangements, It's producing capacity
can be increa;c cd to Ito looms. Tho bias must
be for the whole establishment in bulk.
The town OF Alexandria is connected by raul
roads with all parts of tho country,as well rs by
the Potomac River and the Chesapeake and
Ohio Canal, by which last Cumberland coal is
supplied nj low rates.
The stock of cotton on hand, in process Of
manu- fscture will also be disposed Of separately
for cash, on proposals to he made rs aforesaid
the money t. he paid Oh acceptance of the offer.
Il. JOHNSTON,
+. l.. SMITH,
II. o. CLAUGHTON,
H. NJ. LOWE,
i',,,r,ir, of S,lo