New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-03-05
By G. E. Girardey & Co.
SALE ON TWELVE MONTHS BOND.
VALUABLE STEAM COTTON PRESS,
COMPRISING TWO SQUARES OF GROUND,
WITH SUPERIOR BRICK BUILDINGS,
Completely Equipped with Steam Tyler Press
Weknown as the
"FASSMANN STEAM COTTON PRESS"
With Sixteen Building Lots, opposite the jackson
Railroad Depot.
Succession of the late Henry Fassmarn.
Second District Court for the Parish of Orieana.
No. 30,l4s.

DY @. II. GIRARDEY a. CO.. AUG.
% tioneers-Nlcnoas j. Hcey, r., A ~
1870, at twelve O'Clock NJ, will be sold at public
auction, at the MeSehants and Auetioneers' Ex-
change on Royal streAt. between Canal and Custom.
house streets hv ana in pursuance OF an order from
the Honorable l.. Ii. Duvigneaud. Judge OF the
Second District Court for the parish Of Orleans,
dated December 8, 1862 and bearing the No 3d. l4S,
the docket OF said court. and rendered in tbs
above entited matter the following described and
'@ The PW1S WEI 2NtwN AND cApAcIoUs
STEAM COTTON PRESS. known as -Fassmans
Northern Railroad depot. in the First District of
this city, comprising two entire squares the first Of
and Freret or Jacobs, street. measur.rg as follows
sine streets by 30l feet inches lines front on How
ard and Freret Gate Jacobs streets. The second
square is bounded by Cahope. Euphrosine, Jacobs
lor trersn and os Sos tor Geust) streets and meas
of Calliops and kuphrospe streets and 30l feet
inches lines front on each of Freret and Locust
date Jacobs and oos) Streets per plans at sale.
The property is under lease, ending the first of
september, 1870. al the rate of $4,000 per annum,
payable monthly ented by notes ofthe tenant,
lessee, to be transferred to the purchaser for the
unexpred portion Of the lease: SAID properly to be
Together with all the buildings and improve.
ments thereon, comprising on each square most
bricks thick), constructed by the late Mr. Henry
Fassman with the best materials. for his
suit the convenience and afford every facility for
the storage and compressment OF cotton. The
plete in all ITS appointments.
situated almost opposite the New Orleans, Great
Northern and jackson Railroad depot, and within
one square of the New Canal, the receipts from
these Two great arteries OF commerce renders its
press in the city for large patronage which it has
steadily enjoyed sircs its construction. Therefore,
either as an Investment or profitable enterprise,
no business here is more certain or remunerative
II it can command $1,000 to $4,000 rental, what
must 1t not pay as business!
sixteen Valuable Building Lots In the
square Next to the Presses.
SIXTEEN LOTSOF GROUND. SITUATED in the
First District of this city in the square bounded by
CaIliope, Eupbrosine. Soils and Mauusei streets.
designated by tie Nos. Il to &c inclusively. Lots
Nos. IL, Il and Is adjoin each other. and measure
each 20 feet front on Maunse street, by l23 feet
inches lines deep. Lots Nos. IA Is and l6 adjoin
l26 feet inches lines. Lots Nos IL l3 and ~, 10
81 and q each rs fest inches lines front
depth. Lots Nos 90 "a Is and 26 adjoin each other
and measure each Is feet inches lines front on
depth Lot No. II forms tne corner OF Euphrosine
and Maunsel streets.
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
description.
Terms and conditions of sale-This being the
second ano last adjudication, the above described
lest and highest bidder, upon The following terms
and conditions, to wit:
For the cotton press property for the sum of
Se5,CG0 and Interest at eight per cent per apnum,
from eleventh January, 1869, on the OF $4,000
thereof. The purchaser 10 furnish his bond or bonds
payable at twelve months from he date of aGjudics
ton, with good and solvent security, to be approved
by the executor at the time of adjudication, and
bear interesE at the rate of eight per cent per
from the dag of adjudicaJIon until final pay
ment, and secured by vendors lien and all OF her
curity Causes in Ike manner with the notes to be
given Tor the remainder of the price Of purchase,
ana for the said remainder credit of one, two,
uhres, four, five, and seven years. for notes
cared by morfg ge and vendors lien the prop
eTty; If not then promptly paid, eight per cent per
aunum until final pGymeat-the notes to be subdi-
vided should the interest of the heirs require it.
ney fee clause, binding the purchaser pay the
event that the notes given IN part payment, should
have to be sued uDoD. and tne i'm prevents to the
extent of the notes to be kept insured b. the pur
chaser, and the policy annually to be transferred to
the verdors or.h0lders of the notes
For the > Xteen lots. for the Of $3.50 and in
trest thereon at tho rate of eight per cent per
mum from twenty urth January, 1879. the pur-
chaser TO furnish his bond with good and solvent
security, to be approved bs the executor the tine
cf adjudication, and to bear interest at the rate of
eight per cent per aprum fran the day of adjudica
ton until final payment, and for the remainder OF
the purchase price the same terms OF credit as
stated above for the cotton press properly and the
said bond to be secured il like manner and TO
tain all ike clauses.
The purchasers to assume, in addition to the
above terms all the taxes tor the year le69 and
above their bids.
Acts of sale, together with the United States
internal revenue stamps attached, at the expense OF
the purchasers, before j. ker, nota public.
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