The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-09-08
Sale of Valuable Iron MIning
Property and City Lots.

By virtue OF the decree, ana puFs.
suant to the orders of the SuperioB
court of CASTOR county, in the canM
of Ballard & Wiley, trustees of Il. q,
Duke VS.. the Bessemer Mining Coua-
pany and others, the undersigned r0-
ceivers and commissioners, appointed
by said court, will on Tuesday, the
3th day of September. 1896, at 10
O'Clock a. m, at the Office of the BeRRe-
mer Mining Company, Lin Bessemes
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 COM
pany, corporation, consisting of about
seventeen G,700) hundred acres OF
and in and near the town of Bessemax
City, N. C., lying on both sides of the
Charlotte and Atlanta division of the
Southern Railway, and constituting this
valuable mining plant of said Bessemer
Mining Company, machinery, tools
and appliances, Office, furniture and
fixtures, ores on hand, etcs., to be sold
body as a whole. A full, completes
and more particular description OF
said lands and mineral and timbeR
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 tha
possession of the undersigned, and are
duly registered in the office of the
Register of Deeds for the county o2
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 d
Manufacturing Company; from the
Consolidated Manufacturing Company;
from the Fidelity Bank of Durham,
" c., trustees; from J. A. Smith and
wife; j. A. Pinchback; r. d. Ormana
md wife; Benjamin Ormand and wife.
Jacob Ormand and others.
At the same time and place the M
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. G., and
suitable for building lots. for residences
and business purposes, laid down upon.
" 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 the
"Fire Clay tract of land in Cleve-
land county, referred TO and conveyed
to said Bessemer Mining Company BIZ
said Bessemer City Mining & Manu-
featuring Company by the deed regis
tered in book No. 90 Deeds). page 6&3,
in the Office of the Register of Deeds
of CASTOR county, and also described
in the deed tn said T. A. Smith FROM
r. n. Patterson and others, dated
Mornh OAAE fEn1 -, -
Office of the Register Of Deeds foT
Cleveland county, in book No. ''B. b.
of Deeds. page 223.
Terms of sale: One-third of the pU1a
chase money to be paid in cash on TIA
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 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. Tt will be optionary
with purchasers to anticipate and pay
the deferred payments of the balances
of the purchase money at any tims
after the day of sale, and within the
twelve months aforesaid, and thereby
stop the accruing of interest on the
deferred payment.
Any further information desired
concerning said property, and the
sale thereof, may be obtained on az
olication to the undersigned.
Dated July Bird. 1896. =
J. s. CARR,
of Durham, N. G.,
Y II HAPRINIGTON