New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-03-27
VALUABLE STEAM COTTON PRESS,
COMPRISING TWO SQUARES OF GROUND,
WITH SUPERIOR BRICK BUILDINGS,
Completely Equipped with Steam Tyler Press
.Wellknown as the
"FASSMANN STEAM COTTON PRESS"
With Sixteen Binding Lots opposite the jackson
Railroad Depot
Succession Of the late Henry Fassmar
Second District Court for the Parish OF Orleans.
No 30I4o.
Succession Of the late Henry Fassmaru.

DY @. r. GIK ARDEY e. CO.. AUG
% toneers-NionGlas j. Hey ,h hTetiSnee,wof ss
| auction. at the Merchants and Auctioneers Ex-
change on Royal street, between Canal and Custom
the HonoTaSe T. H. pav,snssud, Judge OF the
dated December 8, 1853 and bearing the No 3d. las.
en- the docket OF said court, and rendered in the
rendered eleventh of March, 1870, the following
described and valuable property to wit; c,o,,s
STEAM COTTON PRESS. known Fassman's
Press, opposite the New Orleans, Jackson and Great
this CITY, compris ng entire squares the rst Of
which is formed By Calliepe, Euphrosine. Howard
253 feet inches lines front on Caiope and Euphro-
sine streets by 3ol feet inches lines front ON How
SQUARE is bounded by Caliope. Euphrosine. jacobs
Tor Frere3 and Soils COR LocusO streets, and meas
OF Caiops and Euphrosine streets and 81 feet
inches lines front on each OF treret and Locust
Tbe prooerty is under lease ending Oh the first of
September 1870 at the rate OF $1,000 per annuin,
or lessee to be transferred to the purchaser for tie
unexpired portion of the lease; said properly to be
Together with ali the buildings and improve.
ments thereon, comprising on escn square most
substantially built brick warehouse !wails two
bricks thick. constructed by the late Mr.. Henry
Eastman with the best materials. for his own occu
patton, and expressly arraneed ano subdiyded to
suit the convenience and afford every facility for
the STORAGE and comuressment of cotton. The
Press is equipped with powerful Tyler press. COM
Situated almost opposite the New Orleans, Grea.
Northern and jackson Railroad depot. and WITHIN
one square of the New Canal, the receipts from
these two great arteries OF commerce renders ITS
position not only commanding, but superior TO any
press in the city for large patronage which it has
either as an investment or profitable enterprise,
IF II il cam commsnd $1,000 to $1,000 rental, what
must it not pay as business!
pixteen Valuable Building Lots In the
Square Next TO she Presses.
SIXTEEN LOTSOF GROUND. situated in the
First District of this city in the square bounded By
Calliope, Euphrosine, SolIs and Msunsel streets
Nos. IL. IL and IL adjoin each other, and measure
each 20 feet front Haunsei street, by l26 feet
inches lines deep Lots Nos. Il. Is and is adjoin
and measure each % feet front Soils street, by
I26 feet 7inches 2lines. Lots Nos II 10 and ~. 90
q and % each Is feet inches lines front
on Euphrosine street, by ll6 feet inches lines
depth. Lots Nos q, a. Is and rs adjoin each other
Euphrosine street. By lis feet inches lines in
depth. Lot No. II forms TIE corner of Euphrosn inc
and Maunse! Streets and No %. that Of EuphrosiHe
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 Tor buildings of every
Terms and conditions of sale-For the press proper
ty, So 900 cash. The purchaser to assume the pay
ment in principal and interest OF two notes secured
for the of Sll500, bearing interest at the
rate of eight cent per num- from the eleventh
January, 1859. Said notes are in favor OF and held
by the Cana Bank, and the payment OF said notes
TO be arranged may be agreed upon between the
Caual Bank and the purchaser and for the femain.
der a credit of one, two three, four. five, six and
seven years. for notes scared by mortgage and
vendors lien the property, bearing interest of
six per cent per annum from date of sale until ma
turty if not then promptly PAID eight per cent per
aunum until final payment-the ootes to be subdi-
vided should the interest of the heirs require it.
The mortg' ge, TO contain the five per cent att2r-
nsys fee clause binding the purchaser TO pay In the
that the notes given in part payment. should
have TO be sued UPON, and the i'm prevents to the
extent Of the notes TO be kept insured b. the pur
chaser aud the policy annusy to be- transferred to
the Qors OR holders OF tho notes
tor the sixteen lots, the purchaser to assume the
payment OF the notes, secured by MORTGAGE on the
property forS59 o. bearing interest ct the rate OF
eight per cent per annuIn from the twenty fourth
January, 1879 until paid. These notes are due, and
unless extended by the holders, must be paid; and
Tor the remainder of the purchase price the same
terms of credit stated above for the cotton press
properly. $500
The purchasers to assume, in addition to the
above terms all the taxes for the year s69, and up
to the day Of sale, over and above their bids.
Acts OF SALE together with the United States
internal revenue stamps attached at ths expense OF
the purchasers, before r. j. Ker, notary public.
mill q ap29 l6 %