National Republican. (Washington City (D.C.)) 1872-1888, 1874-09-28

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FIRST NATIONAL BANK OF WASHINGTON,
Upon an order passed on the 22d 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 Bank Of
the hour OF II O'Clock noon, on the second
WEDNESDAY. being the ninth day, Of December,
1874, in front of the building, in Washington, Dis
trict of olumbla. the banking house Of The First
National Bank OF WASHINGTON ID; e.; and the fur
alton Ofthe sale by said court.
Terms Of sale are one third in cash. and the re-
mainder in one aud two years, IN equal annual in
staliments, bearing six per cent; interest per an
reserved upon the property sold and the purchaser
VIII De required TO keep the same insured; de-
required at time of sale. Ali cOnyeyancing at ex-
pense OF purchaser.
seven days from day Of sale right IS reserved to
sell property at risk and cost of defaulting pUr-
The property above referred to is described by
ofIots Known and designsted on the dat Of sad
city as lots numbered eight 90 and ten, (lo in
C2s4,J and bounded and described as follows: Be-
ginning Fifteenth Q5th) street at the northwest
thence east parallel with G street one hundred and
twenty-three feet ana two inches Cl23 fl. in. }
and in continuation thereof across lot numbered
ten u0) to the east line Of said lot, at point sew
along the east line Of said lot numbered ten 40
thirtyeight feet eight and one half inches (Ss #.
thence along the north line Of said alley twenty
three feet and two inches (2l H. in to the east
line of said lot numbered eight, Is thence south
along the said east line Of said lot numbered eight
inches 40 r. 81 in.) south from the north line of
said lot; thence west in q line parallel with the
north line Of said lot hundred feet Geo ft.) to
and half inches 90 n. S. in.) from Ithe north
west corner of said lot numbered eight, Isl and
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,
fre-proof building, the lower story of which was
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-constructed and commodlOus vaults.
The personal property TO be sold includes four
large and excellent safes formerly used by First
National Bank and nrm Of Jay Cooke CO.,) be-
sides tables, desks, &c.
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 eightyfOur thousand dollars,
l$Sio0 exclusive Of the price of the land, which
The property was purchased by The First Ma
tlonal Bank in 1866 for nnety-seyen thousand dol
lars, and taxes and assessments have been PAID up
The lower banking-roOms were leased by the
Receiver from August /. Iva, until February Z,
1873, at the rate of ftv dollars week, to the Citt-
ZenS' National Bank Of Washington. On the eN-
rmation Of the sale by the cOurt-eSn take absolute
possession of these lower rooms, rs well As the
upper ones. EDWIN L. STANTON,
Receiver Of First National Bank OF Washington,
\LATIMER & CLEARY, Auctioneers.
sel5TuTh&St NJ 2s&dtDe9