The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-09-01
Sale of Valuable Iron Mining
Property and City Lots.

BY virtue Of the decree, ana puR-
suant to the orders of the SuparioR
court of CASTOR county, in the case
OF Ballard g. Wiley, trustees of B. Il
Duke VS.. the Bessemer Mining Coma
pany and others, the undersigned re-
ceivers and commissioners, appointed
by said court. will on Tuesday, this
8th day of September, 1896, at 10
o'clock a. m, at the Office of the BeBs@-
mer Mining Company, in BessemeE
City, N. c., 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 ab0uA
seventeen (1,700) hundred acres OF
and in and near the town of BessemeR
City, N. c., lying on botl sides of the
Charlotte and Atlanta division Of the
Southern Railway, and constituting the
valuable mining plant of said BeSsemeT
Mining Company, machinery, tools
and appliances, Office, furniture and
fixtures, ores on hand, etcs., to be sold
u a body as a whole. A full, complete
and more particular description oR
said lands and mineral and timbeg
rights, easements and privileges may
be found on reference to the several
deeds to said Bessemer Mining Conn
pany for the same, which are in tho
possession of the undersigned, and are
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, tOwit5
"a RaccnrrnaTs
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. ID. Ormand.
and wife; Benjamin Ormand and wife;
Jacob Ormand and others.
At the same time and place the un~
deTsigned will offer for sale at public
auction as aforesaid, a very large
number Of city lots belonging to said
Bessemer Mining Company, located iR-
said town of Bessemer City, N. c., and
suitable for building lots, for residences
and business purposes, laid down upon
w. r. Richardson's survey and map
Of Bessemer City, N. c., which win
be designated and pointed out to pur-
chasers on the day of sale. Also this
Fire Clay tract of land in Cleve-
land county, referred to and cOnveye&
to said Bessemer Mining Company by
said Bessemer City Mining g Manu-
featuring Company by the deed regis
tered in book No. 20 (Deeds), page 623,
in the Office of the Register of Deodm
of CASTOR county, and also describes
in the deed to said j. A. Smith frOMs
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. R-,@
of Deeds, page 223.
Terms of sale: One-third of the puB~
chase money to be paid in cash ON thl@
day of sale, and the balance OF the,
purchase money to be paid wifhizs
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 the
one-third cash payment on the pur-
chase money, and the purchaser to be
thereafter responsible for, and liable
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 purcha sers to anticipate and pay
the deferred payments Of the balances
of the purchase money at any tinms
after the day of sale, and within the
twelve months aforesaid, and thereby
stop the accruing of interest ON tha
deferred payment.
Any further information desired
concerning said property, and the
sale thereof, may be obtained on &R~
plication TO the undersigned.
Dated July 3rd, 1896.
j. s. CARR,
Of Durham, N. q.
e. T. CARRINGTON,
OF BaY CITY, Mich,