The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-09-15
REAL ESTATE AT AUCTION.
SIS sic NEE s. SAL E


ESTATE OF THE
FREEDOM IRON AND STEEL COMPANY.
The undersigned, assignees in trust for the benefit
of the creditors OF the Freedom Iron and steel
Company, win sell at public auction, az the ofce of
pennsylvania, on TUESDAY, the QOth day Of Sep
tember, A. ID. 1870, at IL O'clock noOn NE following
property Of the said company, CONFUSING about
ihirty-nine Thousand C90OO acres 6f land in Mifltn
and Huntingdon counties, Pennsylvania, on which
there are erected extensive steel works three (s)
charcoal blast furnaces in and one Q) disused,
with numerous shops and buildings.
The assgnees propose to sell at the same time and
place:-
township, Mlinln county, containing 15S acres and
Also, the property known as the Williams farm,
acres and 20 perches
detailed description Of all the above properties
will be found in an advertisement in this paper of an
intended sale OF the same property by Wisar Nor
rs, James t. Young, and Enoch Lewis, trustees.
The foregoing properties will be sold in one parcel
existing against-the property.
One OF them bearing date February !, 1867, given
to Wistar Morris, James T. Young, and Enoch
Lewis in trust to secure bonds Of the company paw
able on February l. lSs7, with interest thereon at
per cent. per annum, payable sem-annually on ths
first days Of August and February.
The principal of which debt is s5OO,OOO, and on
above interestwas paid up to the first day OF Feb
The other mortgage is dated December l, 1868,
held by Henry Ninsor, Wistar Morris, and +. G.
Biddle, in trust, to secure bonds of the company,
payable the 1st day of December, 1888, with in-
terest thereon at per cent. per annum, payable
semi-annually, on the 1st days OF June and Decem-
ber on this there is due for principal $780, OOO with
interest from December |, 1860
But the purchasers will be at liberty to insert a
clause in their deed, excluding any personal liza
bity for the debts thus secured aud agreeing to no
more than recognition that such mortgages exist
and are liens.
About 4O5 COO bushels of charcoal about 1000 tons
of iron ORE about 1000 tons of cndeT about 81 600
cords Of wood cut for coaling a 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 d9) horses with wagons and harness complete.
Also, 1,942 654 lbs. steel ingots.
Al tons warm blast scrap iron.
1881 los plow plate trimmed.
244614 lbs, round and square iron and steel buggy
tire, sleigh Steel rail webs and bottoms, etc.
1855 2240 tons steel rails.
1O5 steel ingots at Lochie Iron Works, Harrisburg,
weighing GO, 772 lbs, hammered.
o97 steel ingots at JOhnstowD, weighing 3S3, 7S6
lbs, not hammered.
5 tons castings.
Also, an assortment Of dry goods boots and shoes,
groceries, provisions and drugs, Suitable for
featuring establishment, in store at Forge Works,
in Derry township, Mffln county, and in store at
Greenwood Furnaces, Huntingdon county.
The whole Of the above described personal pro-
perty will be offered in one parcel, and if suicent
| price, in the judgment OF the assignees, is not
offered, they will be withdrawn and sold in separate
parcels as may be 5TEb desiGed cid dr upon, aIP
to pay at the time of the sale One Thousand $1,000
Dollars thebid amounts to so much and any balance
in 80 days. aud they will be required to prepare and
stamp the deed to he signed by the assighees
The purchasers &C the personal property will be
required to pay at .ae time OF signing the memoran-
| dum when the property is struck down, $1,000, aud
| 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-
seTs 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 or parts of such residue 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 debt due for wood leave, for the wood
cut and bought by them, amounting to about s2000
JAMES S. BIDDLE,
CHARLES MCCREA
Assignees of the Freedom Iron and Steel Company.
PHILADELPHIA, August 20, 1870 S22 NTH OF