The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1895-09-25

COURT SALE
OF VALUABLE
IRON MINING PROPERTY
AND
CITY LOTS.
BY virtue of the decree and pursuant
to the orders of the Superior Court of
CASTOR county at the September term,
1895, of said court, the undersigned re
ceivers and commissi ners appointed by
said court will, on the
First Monday in January, 1896,
tit beirg the 9Th day of January, 1850
at 10 o'clock a. M, at the Office of the
Bessemer Mining Company IN Bessemer
City, N. O., sell at public auction TO the
highest bidder, on the terms hereinafter
named, the entire property, real and
personal and mixed, and assets Of every
kind and description, belonging to the
Bessemer Mining Company, corpora
ton, consisting of about (1,700) seven
teen hundred acres of land in and near
the town Of Bessemer City, N. O., lying
on both sides of the Charlotte and AT
lanta division of the Southern Railway
and constituting the valuable mining
plant of said Beseemer Mining Com
pany, machinery, tools and appliances,
office furniture and fixtures, ores on
hand, &c, to be sold in body as
whole.
A full, complete and more particular
description of said lands and mineral
and timber rights, easements and priv
ileges may be found on reference to the
several deeds to said Bessemer Mining
Company for the same, which are in the
possession of the undersigned, and are
duly registered in the Office Of the reg
lister of deeds for the county of CASTOR,
in the State Of North Caroline, obtained
by said Bessemer Mining Company from
the following named corporations and
individuals, to-wit;
From the Bessemer City Mining and
Manufacturing Company; the CCnSOli-
dated Manufacturing Company; the Fl
deity Bank, of Durham, N c., Trustee;
J. A Smith and wife; J &. Pinchback;
r D. Ormond and wife; Bel amin NJ.
Ormond and wife; Jacob Orm0nd, and
Others.
At the same time and place the I'M
designed will offer for sale as aforesaid,
very large number of civ lots belong
ing to said Bessener Mini & Company,
located in said town of Bessemer City,
N. c., and suitable for building lots for
residence and business purposes, laid
down upon W. r Richardson's survey
and map Of Bessemer City, N. G, which
will be designated and pointed cut to
purchasers on the day of sale.
Also the Fire Clay Tract of and in
Cleveland county referred to and con-
veyed to said Bessemer Mining Company
by said Bessemer City Mining and Man
ufacturing Company by the deed regis
tered in book No. 30 deeds, page 523,
in the office of the register of deeds for
CASTOR county, and also described III the
deed to said J. A. Smith from K n.
Patterson and others, dated March gath,
1891, registered in the Office Of the reg
lister of deeds for Cleveland county In
Book B B of Deeds, page 223.
TERMS OF SALE: One-third OF the
purchase money to be paid in cash and
the balance of the purchase money to be
paid within twelve months from and
after the day of sale, with interest from
the day Of sale on the deferred payments.
Possession to be given the purchasers
on receipt by the undersigned of the
one third cash p yment on the purchase
money, and the purchaser to be there
after responsible for and liable to pay
all taxes assessed against the property
purchased by him, and title deeds with
held as security for deferred payments.
1t will be optionary with purchasers
to anticipate and pay the deferred pay
ment of the balance of the purchase
money at any time after the date of sale
and within the twelve months aforesaid,
and thereby stop the accruing of inter
est on the deferred payment.
Any further information desired con
corning said property and the sale
thereof may be obtained on application
to the undersigned or to their agent,
Charles L. Lawton, of Bessemer Oity,
N. O.
J. S. CARR,
of Durham, n. c.,
III