Asheville daily citizen., 1893-03-02
TRUSTEE'S SALE

chise and other property Of the Peoples
Light. Heat and Power Company, of Ashe-
BY virtue of the powers vested in the un
power of sale and other provisions Of the
deed in trust executed by the Peoples Light,
North Carolina, to me as trustee, which is
dated February s, 1891, and which is reg
of Buneombe county, North Carolina; in
book "a of mortgages. at pagc495 to which
thereof, thereof the p purpose Of which said d deed in
trust @ to sesur ar the Of the 81
coupons attached which therein descrb-
td ad whsh d9dct nf sale the
trustee. if default shall be made in the pay
tcrest as they respectively become due, as
therein statod. and such default shall CON
quest, signed by a majority of the holders of
| said bonds ahd coupons, to declare each and
est then accIluing and all coupons represent
ing such interest to be due and payable and
20 And such lefaplt nM having been made and
having continued for six months and more
having been made, / now declare ali said
"a bonds and coupons now outstandtns to
| be due and payable. and. by virtue of the
| power of sale aforesaid, I have taken posses.
trust 'he and % Te the at
ton at the court house door in the city of
the Goth day of March, A. D.. 1893, at IL
| o'clock noon.
Ashevilie iiea aforesaid Being @ m the entire steam
and electric plant, real estate: buildings and
| thu said Peoples Light. Heat and Power
Company and further particularly described
First--Ali the rights. powers and priv
eges which the said The Peoples Light. /.
or under the contract made by the City
Of Asheville with L. n: Cox in reference ,a to
date the first day of May: 1890, which is
| cit I q which reference hereb auc
for further and fuller particulars thereof,
tate situated and being in the state of North
Carolina, in the county of Buncombe and in
the said city of Ashevle being a part of ths
Lyman land, and more particularly bounded
and describe as follows
margin of Riverside street. the n4rthwest-
ern corner of the lot belonging to the Balti-
Sis @ith said o%tT margin M Of said street n s4 o.,
W. &C % feet to take: thence \. &C. 2s'
right i "opW of Way of the ". n c. r. Co thence
the .ne n ne of 10 lot Of said
more United Oil Company: thence with the
los feet to the beginning, being part of he
land allotted to A, b. Lyman in the parti-
Third-All the buildings situated on said
land and all boilers and engines thereon and
and ali appurtenances thereunto belonging
or in anywise appertaining; and further, one
dynamos of fifty light capacity each, to;
other appurtenances connected thsrewith h
in the electric light station sold to the said
The Peoples Light, Heat and Power com
pany by the National Electric Manufacture
! ing company. and also all poles. lines cir
cults. transformers, lamps, sockets ana al
other wiring devices connected with OF
pert aiming to the said electric plant situated
within said city of Ashevllle;
Together with all rights. privileges, fran
! ehises, actions, and causes OF action, de
mands. claims. works and property OF any
and every kind, nature and description whict
, follow and conveyed or transferred o'
assigned by sales under deeds of trust. by
virtue of the Statutes of the State of Nortl
, Carolina.
The terms of said sale are follows:
Five thousand dollars ($5,ooO) cash. the
balance of purchase money in Equal lnStaI
J ments, maturing at thirty, sixty and ninet,
days from date of said sale, bearing interes
! from date of said sale at the rate of eight pc
, centum per annum; deferred payments to b
, secured by deed in trust upon property sold
, executed according to the laws OF Nortf
i Carolina and in the usual form for such IN
i 5trumcnts, containing the usual power q
, sale.
! For further particulars apply to the under d:.
signed at the Battery Park bank. IN SAID CIT
, of Asheville. or to Messrs; Cobb x Merr1
mon, atto torncys, No. z and Q, Johnston build
! ing, in said city. Dated February 9, 1893
feb1 adaily 3Od Trustee.