New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-03-12
SALE ON TWELVE MONTHS BOND.
b VALUABLE STEAM COTTON PRESS,
COMPRISING TWO SQUARES OF GROUND,
WITH SUPERIOR BRICK BUILDINGS
Completely Equipped with Steam Tyler Press
Well-known 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 Orleans.
No. 3Ol49.

DY C. e. GIKAKDEY az CO.. AUG
No. il Exchangs Piace-sATURDAY. March IS,
1870, at twelve O'Clock NJ, viii! be sold at public
change on Royal street. between Canal and Custom.
house streets by ana IN pursuance OF an order from
Second District Court for the parish, Of Orleans,
dated December g. 1869, and bearing the No 30, 49,
on the docket OF said court and rendered in the
above entitled matter. the following described and
valuable property, to wit: -
STEAM tn COTTON WSf1 PRESS. kn 5 as Fassinans
Press, opposite the New Orleans jackson and Great
this cty comprisng two entire squares the first of
which is formed by CalIiope, Euphroslne, Howard
253 feet inches lines front Caliope and Euphro
sine streets by 30 feet inches lines front on How
Tor Freret and Soils Tor LocusO Streets and meas
ures as s31 snd on aa ea0
inches lines front on each of Freret and Locust
Date Jacobs and sois) streets, as per plans at sale
September, 1870. at the rate OF Sl7OOO per annum,
payable monthly represented by notes ofthe enapt,
or lessee be transferred to the purchaser for the
unexpred portion OF the lease; SAID properly to be
SV together with ali the buildings and improve
ments thereon, comprising on eacn square most
substantially built brick warehouse walls two
bricks thick. constructed by the late MIR. Henry
Eastman with the best materials for his own occu-
patton, and expressly arranged and subdivided TO
suit the convenience and afford every facility for
the storage and compressment of cotton. Inc
Press is equipped with powerful Tyler PRESS COM
Situated almost opposite the New Orleans, Great
Northern and jackson Railroad depot. and within
these two great arteries of commerce renders its
| position not only commanding, but superior to any
Steadily enjoyed ce its construction. Therefore,
either an investment or profitable enterprise,
II it can command $1,000 to $4,000 rental, what
| must it not pay as business!
sixteen Valuable Building Lots In the
Square Next TO the Yressss.
| SIXTEEN LOTS OF GROUND 'situated in the
First District of this city in the square bounded oy
desgnssed BY tie Nos Ii to 26 incusively Lots
| Nos IL, u and IL adjoin each other and measure
each % feet front on Maupsei street BY ls fset
and each % feet front on Soils street, BY
l26 feet inches lines Lots Nos. Il ls and IL. 70.
on Euphrosine street, by ll6 feet inches lines IN
depth Lots Nos. q "a Is and &c adioin each other
| and measure each % feet inches lines front on
| Euphrosine street. by ll6 feet inches lines in
depth. Lot No. II forms the corner OF Euph1osine
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
description.
Terms and conditions of sale-This being the
second and last adjudication, the above described
property will be sold for whatever ii brings 10 the
| last and highest bidder, upon The following terms
For the cotton press property for the sum Of
| SIS 600 and interest at eight per cent per apnum
thereof The purchaser TO furnish his bond or bonds
| payable at twelve months from the date Of adiudca
ton with good and solvent security, to be approved
by the executor the time of adjudication, and &c
bear interest at the rate of eight per cent pei
annun from the day OF adjudication until hnai pay
ment and secured by vendors lien and all OF her Sc
| curity causes in like manner, with the notes to bs
| given for the remainder of the price OF purchase
and for the said remainder a credit OF one, two
| three four five six and years, for notes Sc
| cared by mortgage and vendors lien on the prop
erty; if not then promptly paid, eight Der cent pc
| annum until final payment-the notes TO De subdl
| yided should the interest of the heirs require il.
| The mortgs ge to contain the i've per cent attor
ney fee clause binding the purchaser to pay in th
| event that the notes given IN part payment, shou
| have to be sued upon. and the 1mprovents to In
extent of the notes to be kept insured by the pun
chaser and the policy annually to b5 Transferred
the yer doris or holders of the notes
For the sixteen lots, for the sum of $3.50 and II
terest thereon at the rate of eight per cent an
NUN from twenty fourth January, 1853. the pu-
chaser to furnish his bond with good and solven
security to be approved by the executor at the tim
of adjudication, and to bear interest at the rate
eight per cent per from the day of adludlcs
ton until final payment, and for the remainder
the purchase price the same terms OF credit
stated above for the cotton press property and ID
said bond to be secured in ike manner and TO col
| tain all like clauses .
| The purchasers to assume in addition TO tn
above terms all the Tor the year lct9, over az
| above their bids.
| Acts of sale, together with the United State
| Internal revenue stamps attached at the expense
the purchasers, before n. j. Ker, notary pubic.