National Republican. (Washington City (D.C.)) 1872-1888, 1874-10-06
JUDICIAL SALE AT PUBLIC AUCTION OF
THE BUILDING AND PREMISES OF THE
FIRST NATIONAL BANK OF WASHINGTON,

JUDICIAL SALE AT PUBLIC AUCTION OF
ElRsT 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,
sitting as District Court OF the United states in
S9nal property Of The First National Btnk Of
the hour Of p O'Clock noon, on the second
WEDNESDAY, being the ninth day, Of December,
9ict sf COumbIa. the banking house Of The First
National Bank 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
stallmePts, bearing six per cent Interest pc, an
reserved upon the property sold, and the purcRaser
will be required to keep the same insured. A de-
required at time Of sale. Ali cOnTeTancing at ex-
seven DAYS from day Of sale Fight IS reserved to re
sell property at risk and cost Of defaulting pur-
me property above referred to Is described by
OF lots known and designated on the plat Of said
city as lots numbered eight 80 and ten, Qo, in
GA and bounded and described as follows: Be.
ginning on Fifteenth 5th) street at the northwest
Senee east paqae with street one hnadred aRa
twenty-three feet and two inches Q25 n; in;l
and in continuation thereof across lot numbered
ts1 @ to the eat Ps Of sad at PSat 6s
along the east line OF said lot numbered ten Co)
s7 ms to the NORTH line Of s afteen-foot alley:
thence west along the north line Of said alley tEeny
three feet and two inches (2 IT, In to the east
along the said east line Of said lot numbered eight
() two feet TO point forty feet eight and half
inches 90 n 81 in. south from the north line Of
said lot; thence west in . line parallel with the
north line Of said lot one hundred feet goo ft.) TO
and one half Inches go n. 81 fn.) from the north
west corner of SAID lot numbered eight, 81 and
thence north along the line Of said street said last
n e mnToTed e bT Pands5@
hre-proof building, the lower story Of which was
recently occupied q banking house by firm OF
Jay Cooke q Co.. and the upper story by First
The building fronts forty feet eight inches on
Fifteenth street, opposite to the United States
Treasury Department; locality in the city being
more advantageous for banking or business pur-
poses. It contains in the upper and lower stories
Well-constructed 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
1854 Is estimated at eighty-four thousand dollars,
(S4 CO., exclusive Of the price Of the land, which
has since enhanced in value.
The property was purchased by The First Ma
tonAl Bank In 1856 for ntnety-seyen thousand dol
lars, and taxes and assessments have been paid up
The lower banking-rooms were leased by the
Receiver from August /, 1874, until February Z,
1873 at the rate of ftv dollars week, to the Citi-
Zens' National Bank Of Washington. On the ex-
plTatOn Of this lease the purchaser-after the
rmation the sale by the court-can take absolute
possession OF these lower rooms, as wei IS the
upper ones. EDWIN L. STANTON,
Receiver Of First National Bank OF Washington,
LATIMER & CLEARY, Auctioneers.
sef5TuTh&StNo2