The times. [volume] (Richmond, Va.) 1890-1903, 1891-03-05
FORTY THOUSAND ACRES.
SALE OF 4 LARGE
TRACT OF LAND.
Mr.. Edwin Keiton, of Columbus, Ohio, Makes
IN. Purchsse for . Western Syndicate Mt
Ten Dollars Per Aere-To Make Improve

Ten Dollars Fer aere-Io mhsc ihPi"''
ments.
The commissioners appointed some years ago
by the Chancery Court Of this city in the case OF
Grants administratrix against Msury ana
others. 10 sell large body Of land containing
more than 1900 acres, lying in the counties
of Nicholas and Clay, w. Va, conveyed
by r. II. Maury and others in trust
10 secure their creditors, succeeded III lnakiIik
contract for the sale Of said tract WIN
MIR Edwin Kelton. of Columbus. o., as trustee
Tor a number Of persons interested with him at
the price Of $40 per acre. One,tourih OF uue
purchase money to be paid in cash and the rest
due to I've secured by notes IN equal lnstai.hss
all bearing interest from the Ilth day OF August
1870. which was the date of the contract. J..
Six months was given to enroie tne pSr9s 70
survey the land and make all necessary ihqul-
ries in respect TO the title.
NOT ALL SURVEYED.
Owing TO the very Indictment weather and the
deep snow in that part OF West VIZ
GINA the survey could not be entirely
city a few days ago. when Mr. Kelton made
known 20 the commissioners that he was salts,
fed to the title ~ giosS acres OF the land ana
that he was willing to pay one-qnsrter or the
purchase money IN cash and give his notes Tor
the residue, aud that he would take a
deed from the commissioners with special
warranty for the whole tract and settle loI
the balance Of the tract in excess % the sald
2f.5SS acres or SO much thereof as the comms-
sioners could make good title 10 within Twelve
months, and II any question arose az 20 ths va
lidty of the title to any Of said residue, ana the
parties could not agree among themselves
IL shonld be submitted TO the decision OF the
court in which the cause Is no" pending; tnat
is the Circuit Court Of Henrico county, 70 when
1t was removed few months ago.
THE TITLE.
II. however, il should turn ont that the court
should hold that good title could not be made
10 any part of said residue. then such part Is 10
be recouyeycd by Mr.. kelton to such person or
persons a. the court may direct.
It is proper To state that vendors hcn upon
the whole of the land Is reserved.
Mr. keltou has made the cash payment anu
has also paid the first instalment OF the pur-
chasc-money for the PASS acres. amounting al
together to a little over SllSOr0, which Is now IN
bank. subject 10 the order Of the court, anu ne
has executed the notes for the deferred m7'a4'
ments.
WILL PURCHASE ALL.
tits understood that the commissioners feel
very sanguinc that Mr. kcltOn will AZ the eApl-
ration of the twelve months settle Tor me resi-
due of the 1000 acres. II Is proper TO state that
il viii reonire a large sum Of money 10 meet
debts incurred 10 preserve tho trust FUNDS. mere
l. a large amount of valuable property uc'lue3
the 10000 acres above mentioned c9hfeltu
in the Maury deed consisting IA part OF large
interests held by the late H. h Maury IN two coal
companies which own upwards or bdoD acres 81
coal lands in the kanawha valley, part OF vhlch
and Ohio railroad aud the kanawha river. Con
tracts for the sale OF these lands have been
made, but the parties undertaking to purchase
have not yet complied with tho terms Oh the
sale
OTHER LANDS.
There are stil other lands in Patrick county.
Va. which have not been disposed or, ana IN,
deed other lands IN West Virginia not included
in the iO.0I0 acres.
The court yesterday approved and confirmed
by its decree the action Of the commissioners as
above set forth.
The commissioners are satisfied that It Is the
purpose OF Mr.. kelton and his associates a. once
10 develop the valuable property cOnyeYed and
that the improvements which they Will soon
make will add greahy TO Its value,
not vet settled Tor should have 70 be
reconyeycd under the direction Of the court
these lands 80 returned will be greatly tn
HANGED IN value.
The commissioners in the case are James L.
Crenshaw, Leigh X. Page, and Judge II. II. Mar
shall