Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1891-08-07

TRUSTEES SALE OF VALUABLE REAL
ESTATE-Pursuant to authority yes
ted i'll me as Trustee, in certain deed of
trust executed by the Sherwood Land Compa-
ny, bearing date May 18th, 1890, and recorded
IN the Clerks Office of the Hastings Court of
the city of Staunton, Virginia, in Deed Book
No. TO- page 312, and having been requested
in writing so to do by the holder of two of the
payment of which and Of the interest thereon
default has been made and continued fol
more than ten days, / will, on
august nth, 1891,
proceed to sell at public auction, to the high
est bidder, in front of the Court House A.
at Staunton, Virginia, all of that certain Jjia1i
tract OF parcel of land known as "Sher- -1<===-
wood" and containing six acres more OF less,
lying in the Northeastern part of the city of
Staunton, being the same land conveyed to
the Sherwood Land Company by John Llew-
ellyn Massey and wife, by deed dated May
It'll, 1890, and recorded i'll said Clerk Office in
Deed Book No. 10 page $40, to which said
last named deed and to the deeds therein re-
ferred to, reference is here specially made for
further and more accurate description of the
property to be sold.
The main building on this proper ty is a
large and imposing structure, conveniently
arranged with all modern improvements, and
was built in the most careful manner under
the supervision of a gentleman of means for
his own residence. There is also near this
main building large editice built for school
purposes. The whole property was occupied
and used for several years as Female Semi
nary. 1t is in the most desirable residence
portion of Staunton, and altogether it is be-
lieved to be one of the handSomeSt and most
desirable properties in the Valley OF Vir-
ginia.
ing terms: Cash as to so much of the purchase
MONEY as may be necessary to pay the costs
of executing this trust, and to pay the follow
ing two bonds to-wit bond for two thou
sand dollars, executed by the Sherwood Land
Company to A. G. Braxton, trustee, dated
May 18th, 1890, payable on or before sixty days
after May 1st 1890, with six per cent interest
from May 1st, 1890, subject to credit of three
hundred dollars, as OF July 9Th, 1890; second,
obligor and obligee, for six thousand dollars,
payable on or before twelve months after
May LIST, 1890, with six per cent. interest there
on from May list, 1890. AS to the residue of
the purchase Money it shall be, so far as it
will go, on such credits as will serve to meet
deed OF trust to-Wit; bond for six thousand
dollars, dated May 18th, 1890, payable to A.
e. BraXton, trustee, on OF before two years
after May 1st, 1890; two bonds for eighteen
hundred and seventy five dollars each, and one
bond for thirty seven hundred and fifty dol
lars, and one for twenty-five hundred dollars,
all dated May 18th, 1890, and payable to W. l..
Fleming OF his assigns, on or before three
years after May LIST, 1890; all of said bonds
are executed by the Sherwood Land Company,
and bear six per cent. interest flom May 1st,
go; the balance Of the purchase money, if any
then remaining, after providing for said an
due bonds, shall De on credit Of three years
from and after the day of sale The purchas-
Ell shall give his bonds for the deferred pay
ments, which shall he secured by deed of
trust on the property sold; said bonds shall
bear interest from day of sale, and the pur-
chaser shall have the right to anticipate the
payment of any one or all of them
HUGH 9, BRAXTON,
July l7-5t Trustee.