The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-08-13
Sale of Valuable Iron MIning
Property and City Lots.

BY virtue OF the decree. and pur-
suant 10 the orders Of the Superior
court of CASTOR county, in the casa
of Ballard q Wiley, trustees of B. l.
Duke VS.. the BesSemer Mining CoIa-
panv and others, the UNDERSIGNED re-
ceivers and commissioners, aupoiDted
by said court, viii on Tuesday, tho
Sth day of September, 1896, az 10
o'clock a. m, at the Office Of the Besse-
mer Mining Company, i'm BessemeF
City, n. G., sell at public auction to
the highest bidder, on the terms here
matter named, the entire property,
real and personal and mixed and as
sets OF every kind and description. be-
longing to the Bessemer Mining Conn
pany, corporation, consisting of about
seventeen (1,700) hundred acres OF
and in and near the town Of Bessemer
City, N. ca lying on both sides of the
Charlottefand Atlanta division Of the
herdsRailway, and constituting the
valuable mining plant of said Bessemer
Mining Company, machinery, toolE
and appliances. office, furniture and
fixtures, ores on hand, etcs., to be sold
n body as a whole A full, complete
and more particular description of
said lands and mineral and timbex
rights, easements and privileges may
be found on reference to the several
deeds to said Bessemer Mining Com
pany for the same, which are in the
possession of the undersigned, and ars
duly registered in the office of the
Register of Deeds for the county Of
CASTOR, in the State of North Caro-
lima, obtained by said Bessemer Min
ng Company from.the following nam
ed corporations and individuals, towit:
From the Bessemer City Mining 81
Manufacturing Company; from the
Consolidated Manufacturing Company;
| from the Fidelity Bank of Durham.
N. c., trustees; from j. A. Smith and
wife; J. A. Pinchback; r. D. Ormand
and wife; Benjamin Ormand and wife:
Jacob Ormand and others.
At the same time and place the un-
| dersigned will offer for sale at public
auction as aforesaid, very large
| number of city lots belonging to said
Bessemer Mining 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. c., which will
be designated and pointed out to pur-
chasers on the day of sale. Also the
Fire Clay" tract of land in CIeve-
land county, referred to and conveyed
to said Bessemer Mining Company by
said Bessemer City Mining & Manu-
featuring Company by the deed regis
tered in book No. 20 (Deeds), page 623.
in the office of the Register of Deeds
of Castor county, and also described
in the deed to said J. A. Smith from
r. n. Patterson and others, dated
March oath, 1891, registered in the
Office of the Register Of Deeds for
| Cleveland county, in book No. "B. BIS
of Deeds, page 223.
Terms of sale: One-third of the puv4
chase money to be paid in cash on tna
| day of sale, and the balance of the
| purchase money to be paid within
twelve (12) months from and after the
day of sale, with interest from the
day of sale on the deferred payment.
Possession to be given the purchasers
on receipt by the undersigned of th@
one-third cash payment on the pur-
chase money, and the purchaser to be
thereafter responsible for, and liablS
to pay all taxes assessed against the
property purchased by him, and title
deeds withheld as security for the de-
ferred payment. 1t will be optionary
with purchasers to anticipate and pay
the deferred payments of the balance
of the purchase money at any time
after the day of sale, and within the
twelve months aforesaid, and thereby
| stop the aecruing of interest on the
deferred payment.
Any further information desired
concerning said property, and the
sale thereof, may be obtained on aRr
plication to the undersigned.
Dated July 3rd, 1896.
j. S. CARR,
of Durham, N. C.