The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-08-22
REAL ESTATE AT AUCTION.
A S S 1 N K Z s. S A L

ESTATE OF THE
FREEDOM IRON AND STEEL COMPANY.
me undeTsigned asslgnees 10 trust for the benefit
Company will sell at public auction at the office Of
the in Perry btoynsnp Mn county
tember A. ID. 1870, at ~ O'clock noon the following
property Of the said company, comprising about
thirty nine thousand (39,OOO acres OF land Minlin
and Huntingdon counties, Pennsylvania, on which
there are erected extensive steel works. three (3)
charcoal blast furnaces in use and one IL disused,
with numerous shops and buildings.
The assgnees propose to sell at the same time and
place.
The property known as the Yoder farm, In Brown
township, Mtlin county, containing 15s acres and
124 perChes.
Also, the property known as the Williams farm,
in Derry township, Mifilin county, containing lOi
acres and 29 perches.
will be found In an advertisement in this paper of an
intended sale of the same property by Wistar Nor
bs I ane EaGEa @ he asW @ trustees
or lot subject to the payment of the mortgages
existing against the property.
to Wistar Morris, james T. Young, and Enoch
Lewis, in trust to secure bonds of the company pay
able on February 1887 with interest thereon at
per cent per annum, payable semiannually, on the
first days OF August and February.
The principal Of which debt is s5OO,OeO and on
above interest was paid up to the first day of Feb
The other mortgage is dated December /, 1868
held by Henry Winsor, Wistar Morris, and e. c.
Biddle, in trust, to secure bonds OF the company
payable on the 1st day Of December, 1888, with In
semi-annualy, on the 1st days Of June and pecem.
ber; this there is due for principal S3O0O0O with
interest from December |, 1860.
But the purchasers will be at liberty to insert
clause in their deed, excluding any personal liza
bty ior the debts thus secured and agreeing to no
more than recognition that such mortgages exist
and are liens
About 4O5, 600 bushels of charcoal about 1000 tons
Of iron ore, about 2000 tons OF cnder, quantity OF
limestone, together with large quantity OF material
in various stages of manufacture.
Also one hundred and two Q02) mules and nine
teen (l9) horses with wagons and harness complete
Also, 1,e42, ,654 lbs. steel ingots.
al tons warm blast scrap iron.
1881 lbs. pow plate, trimmed.
244,6l4 lbs. round and square iron and steel buggy
| tire, sleigh steel, rail webs and bottoms, etc.
8 g. 1gss7sSse Sss1 Ssed tons steel rails al eD,.
lO5 steel ingots at Lochel Iron Works Harrisburg,
| weighing 60,1I2 lbs hammered.
o9I steel ineots at Johnstown, weighing SSS, 1S6
| lbs, not hammered.
5 tons castings.
tons scrap,
Also, an assortment OF dry goods. boots and Shoes
groceries, provisions and drugs, suitable for manu-
| featuring establishment, in store at Forge Works,
in Derry township Mifilin county, and in store at
| Greenwood Furnaces, Huntingdon county.
perty will be offered in parcel and If sufficient
price in the & Judgment g 9 OF the asslgaees is not
| parcels as may be decided upon.
TERMS OF SALE
The purchasers of the real estate will be required
TO pay at the time OF the sale One Thousand $1,000
Dollars thebid amounts to so much and any balance
in so days and they will be required to prepare and
stamp the deed to be signed by the assignees.
The purchasers OF the personal property will be
required to pay at the time OF signing the memOran-
DUN, when the property Is struck down. $1,000, and
within thirty days the balance OF the purchase
money reserying, however, what will be the pro-
bable amount of the dividend TO which the purcha-
sers creditors will be entitled, less 10 per cent,
and on their giving approved security, to pay
in on reasonable notice, from time TO time, any
part parts OF such residue as may be required by
the assignees in their judgment and the purchasers
will be required to pay in addition to the amount OF
their bid the oebt due for wood leave for the wood
cut and bought by them, amounting to about $4,000,
JAMES s. BIDDLE,
CHARLES MCCREA,
Assignees of the Freedom Iron and Steel Company.
PHILADELPHIA, August 20, 1870 s22 NTH ct