National Republican. (Washington City (D.C.)) 1872-1888, 1874-10-01
JUDICIAL SALE AT PUBLIC AUCTION OF
TIE BUILDING AND PREMISES OF THE
FIRST NATIONAL BANK OF WASHINGTON,


RlRST NATIONAL BANK OF WASHINGTON,
Upon an order passed on the I'D day Of July, 1874
by the supreme Court of the District Of Columbia,
and for said District in the matter OF real and per-
sonAl property OF The First National BInk of
the hour OF IL O'Clock noon, on the ' second
MEDN EsDAY, being the ninth day, Of December,
trict OF ColumbIa. the banking house Of The First
National Bauk Of Washington, d. c., and the fur
alton Ofthe sale by said court.
Terms of sale are one third in cash. and the re-
mainder in one and two years, IN equal annual In
stallments, bearing six per cent interest per an
reserved Upop the DroneTfT sod and the
will be required to keep the same insured. A de-
post OF TWENTY-FIVE hundred dollars in cash will be
required at time Of sale. Ali cOnveyancing at ex-
pense OF purchaser.
days from day Of sale right Is reserved to re-
sell property at risk and cost of defIulting pur-
The property above referred to is described by
metes and bounds as follows: Consisting OF parts
city as lots numbered eight (S) and ten, 90, ) in
square numbered two hundred and twenTy-fOnr,
ginning on Fifteenth uJth) street at the northwest
corner OF said lot number eight ~ and running
tTsnty5thTee, feet S ana IN I've inches a r. in
and in continuation thereof across lot numbered
ten 0) to the east line of said lot, 1t point
along the east line Of said lot numbered ten CIOj
thirty-eight feet eight and one half inches C3S #.
thence along the north line of said alley twenty
three feet and two inches (23 n. in to the east
line Of said lot numbered eight, Is thence south
slong the said east line Of said lot numbered eight
t two feet, TO point forty feet eight and half
inches 40 H. 81 in.l south from the north line of
said lot; thence west in q line parallel with the
north line of said lot one hundred feet 200 ft)
Fifteenth (5th) street at point forty feet eight
and one half inches 40 n 81 In from the NORTH
thence north along the line of said street said last
named distance TO the point OF beginning.
1t Is improved by a handsome, marble-frOnted,
hre-prOOf building, the lower story of which
recently occupied as banking house by firm OF
Jay Cooke Co.. and the upper story by First
National Bank OF Washington, ID. G.
The building fronts forty feet eight inches on
Fifteenth street, opposite to the United States
Treasury Department; no locality in the city being
more advantageous for banking or business pur-
poses. 1t contains in the upper and lower stories
well-constTucted and cOmmOdiOus vaults.
The personal property to be sold includes four
large and excellent safes. formerly used by First
National Bank and firm Of Jay Cooke CO.,) be-
The real estate is among the most valuable in
Washington city. The building Is handsome and
substantially constructed, and Its original cost, in
1864, is estimated at eighty-fOur thousand dollars
1854, COZ, exclusive Of the price of the land, which
has since enhanced in value.
The property purchased by The First Ma
tional Bank in 1886 for ninety-seyeu thousand dol
lars, and taxes and assessments have been paid up
to June 20, 1I5.
The lower hankIng-rooms were leased by the
Re ceiver from August /, 1874, until February ],
1875, the rate of hftV dollars week, to the Citi
Zens' National Bank Of Washington. On the eN-
piration of this lease the purchaser-after the con-
rmaion of the sale by the cOurt-ean take absolute
upper ones. EDWIN L. STANTON,
Receiver of First National Bank Of Washington,
ID. C. -
az TIT M - A.nnCE gHWT M