The Big Stone Gap post. [volume] (Big Stone Gap, Wise County, Va.) 1892-1928, 1894-10-18
B.G sToSF CAT, VIRGINIA..
FUpNAcE PLANT FOR SALE.

Under auflnritv of decreetal Jnogcnieus
rendered SeDtcmhcr. ~. lS9l,. By the /" ,ss
Circuit Court in Cbarcerr in the cause SUI Ecu
Aupalacl,iaii Steel and IRON Co. Cohlr'alh*l,'
versue Ccn:r,I Trngi c.. OF 'cw ORR Ct AZ.
defendants. and Cert@:, T.rst Co., OF NeN
{-nf.t cross c5fJ,ylainant. versus Appalachian
Sod ana iron &C.. q III. cross detcnGants,t;'
Undersigned will, al lie ofiiceof The AI'ta Ecu
ian Steel and Iron Company. at us limit IN.
rlaut in Biz Stone Gap. Wise County, irsln-
!, betwceil u o'clock noon and o,cIoch 7" ~
-, y,,resoAY, N0yEa.as;f: e9th. 49,
Offer far sale at public auction to the highest
bidder the following property, all Vi "'''''
will he sold Is 81 whole:
# Tbe . acres ofland on which IS situated
the furnace plant OF Appalachian 0leel " "nr
Iron Co. also the two furnaces Zone har'iai'f
al,,,Iot,6 AMI The otIcrnow in blasA thereon;
toacrhnr viii, all the machinery buildings; anu
,n,ortonorceS thereon. railroad tracks, ioco-
,idtive. slar carts. coke and ore carts e'o'
etc. (exccpt the portions CT railway .'aC" ~
longing 10 s. A. 4 O. L. X. aud Is. = w. ".'t'
p { r I. Coz also all the rights OF sa."
Appalachian Steel aud Iron 10 No. nn1e. 7In ,
Xxx lnasc dated Sept. q, lSHl from Ellen ~
&c Of al whereby said Steel / Iron 20,
I,a RI r;rit TO take iron ore from the socalieu
.sr,,ir,, i0G0 acre tract" The ROYALTY stipN-
,a M', g. " sai, Ieose j. fifteen 90 cents per
,nn. MINIMUM one hundred and fifty, p2Vi
,o,. ,a,. I,y The term Of the lease IS i've ~
,,..ar! from Sept. 81, 1881, with right 0! re-
in.,.aI for another term O: Eve Years -,
Thi, ore land containing $3.50 acres ileS
roor, he furnace paut. andls connected ttc'c
Win by South Atlantic ohlo rai'"aF az" .ha
~ is train track laid by tie i!ecelEers OF r rne
i,2alaciia:i Steel and IRON COMPANY; ne
ore this has ran Oh an average shy VIC r t".
naco vent j,itobiast 45G PEI cent, OF IRON from
,I'o f,,.'ocn On tn, traot are numerous
miner's-huuscS, as well - = cpn'mlssary p'''t
ING. tipc, stable, office, powder magazine GRIT
Also the tranwav from furnace to the ore
mines. and the telephone line from furnace 10
ore mines snd TO Office OF the iiccci'er III Tue
Town Of Big Stone Gap. ,
Also all the corporate right. franchises
and priYiiiges Of said Appalachian Steel ana
- 81. r. Ttc following fo-.s c'o) Town lots y
ing near Tie said furnace plant: o.,
Lots l1-l5 inclusive OF b'ocK 90 1
30 . az
~ 2l3
- shown map on Gle IF The Office OF the
cl.1I, If Wise County Goort marked aGd
known as Improvement Sos. Plat No. D..
BID. j tract Of land adjoining the - acre
,rart FIRST above nertioncd containing twenty
Md cpe-nalf co., acres. l|iH. On either sac
of tie, track OF the Big Stone Gap ana Power!
VALLEY Railway. which 0as Purchased DF IL.
4. Ayers, Receiver. But the ~ =? acre tract
will be sold subject 20 the vendors lien tnefe-
on in favor of Il. c. Ballard, Thrus'on lrus-
tee, to secure the payment OF Si'3I ~ WIN IN
tcrcst from Angus, II, 1881. payable IN three
;,,..,Il,.np,- lun rgeDCrtfVpIy one,
two and three years from sad date.
18th. One horse, one mulc, ono express
,yarou. and Office furniture n9w at plant OF
said Steel /, Iron Company.
9TH. The stocks Of merchandise ore coke.
limestone, pig iron, (not sold on day OF sa'e)
warrants Of American Pig Iron Storage V ar
rant Company, bills receivable, and generally
all the assets and rights OF the Receiver 81
the Appaachiam steel & Iron Co., and OF sald
Company.
proceeding. showing fully and IN detail the
as1efs and liabilities OF the SAID Receiver,
wil be exhibited TO intending purchasers.
And all the property abore mentioned VIII be
sold suiiect to the payment by the purchaser
OF ali the debts aud liabilities O. SAID feceivtr
- shown bv said report and also subject to
;lie payment Of such liabilities ~ may nc III
cured b1 said Receiver. between the dar Of
sale and the confirmation thereof, ",lic,i Leg
biljtcs are made lien Oh all Of SAID proper
". and possession will ROT be gvea Until and
except rs such debt, ana liabilities are paid.
On September, l., ls9l, the date Of the Re-
ceiycrs las; report. the Receivers assets We're
some eigh; thousand dollars in excess OF ms
liabilities, and il is reasonably supposed that
The Receivers assets XIII exceed ii, ii&tiiI-
ties 90 the day 81 saie.
/. !, contemplated that he furnace viii ec
con.m:cd IN operation until the sale IS cor
trmeti. AMI that confirmation OF The sale VIII
te ordered about twelve days alter the daie
Of sale.