Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1891-07-24

TRUSTEES SALE OF VALUABLE REAL
ESTATE.-Pusuantt to authority YES
ted in me as Trustee, in a certain deed OF
trust executed by the Sherwood Land Compa,
nv. bearing date May 18th, 1890, and recorded
IN the Clerk s Office of the Hastings Court OF
the city Of Stanton Virginia, in Deed Book
No 10, page 49, and having, been. requested
in writing so to do by the holder OF two OF the
bonds secured in said deed of trust. In the
payment of which and of the interest thereon,
default has been made and continued lor
more than ten days, | will, on
August 17th, 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 yaliis
tract or parcel Of land known as ''Sher-
wood, and containing six acres more or less,
lying in the Northeastern part OF the city, oil
Staunton, being the same land conveyed to
the Sherwood Land Company by John Lew
ellyn Massey and wife, by deed dated May
It'll, 1890, and recorded in said Clerks 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 editce built for school
purposes. The whole property was occupied
and use' 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 Viz
ginia.
: TERMS:-Said sale shall be on the follow
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
Nav It'll $780, 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,
q bond bearing same date, with the same
May 1st, 1890, with six per cent interest there
on from May 1st, 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; a bond for six thousand
dollars, dated May 7th 1890, payable to A.
g. BraXton, trustee, on or before two years
| after May 1st $780, two bonds for eighteen
hundred and seventy-fve dollars each, and one
bond for thirty-seven hundred and fifty dol,
! lars, and one tor twenty-five hundred dollars
all dated May It'll, 1890, and payable to W. l.
Fleming or his assigns, on or before three
are executed by the Sherwood Land Company
and bear six per cent. interest from May LIST
80; the balance of the purchase money, if any
then remaining, after providing for said un-
due bonds, shall be OH a credit OF three years
| from and after the day of sale. The purchas-
er shall give his bonds for the deferred pay
ments, which shall be 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
| t.,fa ,.oII nf
HUGH G. BRAXTON,
| july 17-5t Trustee.