The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-08-29
REAL ESTATE AT AUCTION.
A SIZE NEE 81 sA e.
ESTATE OF THE

FREEDOM IRON AND STEEL COMPANY.
The undersigned, assignees in trust for the benefit
Of the creditors OF the Freedom Hon and steel
Company, will sell at public auction, at the oce OF
the company, in Derry township, Miffin county
tember, A ID. 1870, at IL O'Clock, noon, the following
property OF the said company, comprising about
thirty nine thousand (39,00Ol acres OF land IN Milin
and Huntingdon counties, Pennsylvania, on which
there are erected extensive steel works, three (9)
charcoal blast furnaces in and one (1) dsused,
with numerous shops and buildings.
The assgnees propose TO sell at the same time and
pace:-
The property known as the Yoder farm, in Brown
township, Mitllin county, containing 15s acres and
124 perches.
In Derry township, Mifilin county, containing lO7
acres and 20 perches.
detailed description OF all the above pSoperties
VIII be found in advertisement in this paper Of an
intended sale of the same property by Wistar Nor
ris, James II Young, and Enoeh Lewis, trustees.
or lot subject to the payment Of the mortgages now
existing against the property.
one OF them bearing date February !, 1861, given
to Wistar Morris, James Il. Young, and Enoch
Lewis in trust to secure bonds of the company, pay
able on February l. 1887, with interest thereon at
per cent per annum, payable semi-annualy, on ths
first days Of August and February.
The principal of which debt Is $500 900, and on
above interest was paid up to the first day OF Feb
The other mortgage is dated December l, 1865
held by Henry Winsor, Wistar Norris and +. c.
Biddle, in trust to secure bonds of the company
pay yable on the 1st day of December, 1888, with n-
semi-annualy, on the 1st days Of June and Decem-
ber on this there is due for principal $500 with
interest from December |, 1860.
But the purchasers will be at liberty to insert a
clause in their Decd excluding any personal LA
bity Tor the debts thus secured, aud agreeing to
more than recognition that such mortgages exist
and are liens.
About 4O6, coo bushels of charcoal, about 1000 tons
of iron ore, about 2000 tons of cindeT about 81 000
cords Of wood cut for coaliDg, quantity of lime
stone together with large quantity Of material in
various stages of manufacture.
Also one hundred and two Q02) mules and nine
teen {19) horses with wagons and harness complete.
Also, 1942, ,654 lbs. steel ingots.
Al tons warm blast scrap ron
17,S21 lbs. pow plate, trimmed
24i,614 lbs. round and square iron and steel buggy
tire, sleigh steel, rail webs and bottoms, etc.
61955-2240 tons steel rails
10 12h1- ends
1O5 steel ngots at Lochiel Iron Works Harrisburg
| weighing 60, 772 lbs, hammered.
| o97 steel ingots at Johnstown, weighing SS3, Is6
| lbs, not hammered.
8 tons castings.
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 Mifnin county, and in store at
Greenwood Furnaces, Huntington county.
The whole Of the above described personal pro-
perty will be offered in one parcel and If sufficient
price, in the Judgment of the assgnees, is not
offered they will be withdrawn and sold in separate
| TERMS OF SALE.
The purchasers of the real estate will be require
| to pay at the time of the sale One Thousand Q000
Dollars if thebd amounts to so much, and any balance
| stamp the deed to be signed by the assignees.
| The purchasers of the personal property will be
required pay at the time of signing the memoran-
dunn, when the property is struck down, $1,000, and
within thirty days the balance of the purchase
money, reserving, 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 assgnees in their Judgment and the purchasers
win be required to pay in addition to the amount o
their bid the debt 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. s % NTH OF