Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1874-12-03
BAMKRuPT SALE.
VALUABLE MANUFACTURING
PROPERTY.

the United States for the Southern Dis
trict OF Ohio, in casa of Samuel 4. Nash
Assignee in Bankruptcy ". Francis /.
" James a. LeClercl and others. No
1895. | will offer for sale on
Tuesday, the 9th day of Janu'
airy, A. ID. 1875,
at III O'Clock in the forenoon, on thG
premises, the following described rea
estate and property, viz:
That tract and parcel of property con.
sisting of lots in the city of Gallipolis
county of Gallia, aud State of Ohio, ant
numbered on the recorded plat of said
| city, nine co. ten (l0,) eleven IN, ant
southeast half of twelve (la,) [eNcep
about eight feet off of back or rear END
of said lots and known as the "UniOn
WOOlen Mili' property, of LeelercC
Brothers, including all the building:
thereon, the fixtures, machinery ana
other property therein, and also inelud.
ing a strip OF about five feet wide out O
four-acre lot number l27, used for drain,
ing purposes from said main property
The buildings thereon consist of the
main factory, a One-stOry brick llO feel
by 62 feet, with additions of engine
room 10 feet by 32 feet, dye room IS
feet by 81 feet, a picker room 29 feet by
II feet, ali under one self-suppOrting
roof, metal-eovered, with gas fixtures
and heating pipes throughout; all nee
essary wells, water-tanks, pumps, con-
nections, shaftings, hangers, pulleys and
betting, nearly new and in good order
for immediate running, it is believed
In the engine room are one engine,
two boilers, blacksmith's forge, Sc.
In the main manufacturing room are
90 single and s double box looms, , sets
spinning mules. sets cards, picker,
waste picker, willow, shearing machine,
traverse grinder, and other property
and machinery necessary for manufac-
turing wOolen goods, and in the dye
house are all the machinery and fnrni-
ture necessary for the capacity of the
factory.
The buildings, fixtures, machinery
and other property are all new, having
been used only about two years.
On the said property are also one two
story frame warehouse, 60 feet by &c
feet, nearly new, with Office therein
one two-story warehouse 80 feet by 2C
feet, a one-stOry brick dwelling house,
two tenements, "a feet by 2S feet; also,
dry-shed, bleacll-house and other neces-
sary Out-buildings.
This manufactOry, known as the
''UniOn WoOlen Mill" has been in OPP
Grafton for - years. and is of established
and good reputation. The property was
destroyed by fire some four years since,
and the present buildings were built en-
tirely new, and the machinery pur-
chased new and of the latest improved
kind.
Appraised at $40. 1890.
Said property will be sold to the high
est bidder, but not for less than two
thirds of the appraised value thereof,
and upon the terms of One-fOurth cash
on day of sale, and the balance in six,
twelve and eighteen months from day of
sale; the deferred payments to bear in-
tereSt at the rate of seven per cent. per
annum and to be secured by mortgage
on the premises sold. Said real estate
will he sold free of all membranes
thereon, except taxes due after the 20th
of December, \. ID. 1874.
Should there be 10 bidders for said
property entire, rs above described, un-
der said terms of sale, the said Assignee
will, at said time and place and upon the
same terms of sale, offer for sale sep
arately, so much OF Said real estate as
is included within the following boun-
darieS. to-wit: Commencing at point In
the front line Of said lot No. ., on Vine
street, siXty-tive (G5) feet from the cor
ner of said lot ut the intersection of
Third and Vine streets; thence running
back at right angles with said Vine
street to the back line of said "WOolen
Mill" property, being lG6 feet, more or
less; thence along the rear line of said
property in nOrthwcsterly direction to
a point in said rear line, being the centre
of the back line of said lot number
eleven 11;) thence ut right angles with
said rear line to Vine street dividing
said lot Il into two equal parts; thence
along the front line of said property
towards Third street to the place of be-
ginning; including all of said lot No.
10, southeast half of No. ii, and all of
No. . except G5 feet off of the southeast
side thereof, with said strip of about five
feet through fOur-acre lot No. l27. The
main manufacturing buildings with its
with all fixtures, machinery,
&C., as above described are situate on
aud appraised with said described part.
Appraised at $24 $4,000.
Should said last described tract be bid
nj and sold at said sale, then the said
assignee will, at the same time and place.
md upon the same terms, offer for sale
he balance of said first described tract
n separate parcels, as follows; That |
part of said lot number 8. described as |
at the south corner of said |
Ot, intersection of Third and Vine
streets; thence along the line of said |
Ot up Third street to the lower front
corner of the warehouse OH said lot, be-
ng 80 feet, more or less; thence ut right
lngle with said Third street back G5
eet; thence at right angle with said
asst line down to front line on Vine
treet; thence TO beginning corner, pre-
enting a front on Vine street of GJ feet
md on Third street of 30 feet, more or
ess, with the brick dwelling-hOuse
hereOn.
Appraised at 50, 10000.
ALSO, that part of said lot number o,
on line of said lot Oh Third
treet at upper east corner of said last
parcel; thence running up Third street
o within twelve feet of the upper line
# said Wooden Mill property, being 81
eet. moro or less thence ut rlghtangle
With Third street back % feet; THENCE
t right angle with said last limo down
o the upper north corner of said last
hove parcel; from thence at right
ngles along the upper line of said last
raet to place of beginning, with the
light to Use rs appurtenant 10 the same, {
n common with the tract on which the {
lain factory Is situate, an alley IL feet ,
ride between said last tract and upper
me of said WOOlen Mill property, be- !
1g front on Third street of G4 feet, /
lore or less, running back 60 feet, with .
rivilege of said alley, with warehouse {
lereon.
Appraised at 81, 10000. I
ALSO, the northwest half of lot num- ,
er IL. Appraised at 10000. |
ALSO, the southeast half of lot num- !
er Il. Appraised at $4,000. /
Should said first principal tract sell at @
lid sale, and the balance as above SUBJ a
iVided fail to find bidders, then said \
,lance will be offered in smaller SUBJ /
visions, the plaH and 9ppraisements of c
hick can be seen 1T the Office Of the j,
ssignee in GallipOks, aid which will o