New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-03-02
By C. e. Girardey & Co.
SALE ON TWELVE MONTHS BOND.
VALUABLE STEAM COTTON PRESS.
TWO SQUARES OF GROUND
WITH SUPERIOR BRICK BUILDINGS.
Completely Equipped with Steam Tyler f'e''
Wel-known a. the
"FAssMANN STEAM COTTON PRESS
With Sixteen Building Lots. opposite the jackson
Railroad Depot.
Succession of the late Henry Fassmarn.
By C. e. Girardey g. Co.
Succession of the late Henry Fassmar
Second District Court for the Parish of Orleans
No. 30.N9.

Dr. g. e. GIRARnEY d CO.. AgC C:
tonssrsNsnplss H"sy Msrcb 10
at " sn. Mt snd
cnange on Royal street. between Canal and Custom
ns
Second District Court for The parish OF orleans rs
above entitled matter the following described and
vt The P WnE K Ss ,wN AND oAPAo1ous
srEAM COTTON PRESS. known IS Fassman's
Press opposite the New Orleans Jackson and Great
this city comprising entire squares the first Of
which is formed by CslIiepe. Euphrosine. Howard
as feet inches lines front on Csiope and EuPhro
sine STU by 3Ol feet inches lines front on aow
saa BY
Cor FrereD and Soils tor LocusD streets, and meas.
of Calliepe and Euphrosine streets, and Sol feet
inches lines front on each of Freret and Locust
date Jacobs and Sols) streets. as per plans at sale
septsnbsr 1s7o At the rate Of $1,000 per annum.
payable monthly represented by notes the tenant
sssee to De to the purchaser for the
une1pired portion of the lease; said property to be
sold subject to the lease.
ments thereon, comprising on each square most
substantially built brick warehouse Swalls two
Fassman with the best materials. for his own occu
patton. and expressly arranged and subdiyided to
the ss and comprsssment Of cotton The
Press is equipped with powerful Tyler press. com
Situated almost opposite the New Orleans Great
Northern and jackson Railroad depot. and Within
one square of the Now Canal. the receipts from
these TWO great arteries Of commerce renders its
position not only com manding but superlor to any
press in the city for large patronage. which it has
either as an Investment or q profitable enterprise.
no business here is more certain or remunerative:
II it command $1,000 to $4,000 rental, what
must 1t not pay as business?
sixteen Valuable Building Lots In the
squars Next to the Pressss.
SIXTEEN LOTS OFsGROUND. isituated in the
Fret District of this city in the square bounded by
designated By tke Nos. Ii to IS inOlusively. Lots
Nos. II, II and ID adjoin each other. and measure
inches lines deep Lots Nos. H. Is and l6 adjoin
and measure each % fest front on Soils street, BY
.nd s.eh sss inches
on Euphrosne street. by l6 feet inches lines IN
ese Zines on
Euphrosine street, by ll6 feet inches 8 lines in
depth. Lot No. II forms the corner Of Euphrosins
These lots are situated nearly opposite the Jack
son Railroad depot and within one square of the
New Canal, and the great trade OF both OF these
leading channels. Adapted for buildings of every
Description.
Terms and conditions Of sale-This being the
second ana last adjudication, the above described
property will be sold for whatever it brings, to the
last aud highest bidder. upon the following terms
For the cotton press property for the sum of
365,000 and interest at eight per cent per apnum,
from eleventh January, 1868. the sum OF $25.090
thereof The purchaser to furnish his bond bonds
payable at twelve months from the date of adjudics
ton. with gooe and solvent security. to be approved
By the executor at the time of adjudication, and to
bear interest at the rate of eight per cent per
annum from the day of adjudication until final pay.
ment, and secured by vendors lien and all other
curity clauses in like nef with the notes to be
given for the remainder of the price of purchase,
and for the said remainder q credit Of one, two,
three, four. five six and seven years, for notes
cured by mortgage and vendors lien the prop.
erty; if not then promptly paid, eight Der cent per
annum until final psyment-the notes to be subdi-
vlded Should the interest OF the heirs require it.
The mortgage to contain the five per cent attor-
neys fee clause, binding the purchaser pay in the
event that the notes given part payment, should
have to be sued upon. and the improvents to the
chaser, and the policy annually to be transferred to
the vendors or holders of the notes.
For the sixteen lots, for the Of $3.50 and in.
terest thereon ct the rate of eight per cent per
mum from twenty fourth January, 1859, the pur-
chaser to furnish his bond with good and solvent
security to be approved by the executor at the time
of adjudication and to bear interest the of
eight per cent per annum from the day Of adjudica
tion until final payment, and for the remainder of
the purchase price the same terms of credit
stated above for the cotton press property and the
said bond to be secured in like manner and to con
tain all like clauses.
The purchasers to assume, in addition to the
above terms sill the taxes for the year 1862 over and
above their bids
Acts of sale, together with the United States
internal revenue stamps attached at the of
the purchasers, before r. j. Ker, notary public.
mh2 IL Ii 10