The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-08-14
Sale of Valuable Iron MIninO
Property and City Lots.

BY virtue OF the decree, ana pur-
suant to the orders of the Superior
court of CASTOR county, in the cssa
of Ballard a. Wiley, trustees of b, L.
Duke vs.. the Bessemer Mining Corr
pany and others, the undersigned re-
ceiyers and commissioners, appointed
by said court. will on Tuesday, the
Sth day of September, 1896, at 10
O'Clock a. m, at the Office of the Bessa-
mer Mining Company, in Bessemer
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 aa-
sets of every kind and description, be-
longing to the Bessemer Mining Conn
pany, corporation, consisting of about
seventeen G,700) hundred acres OF.
and in and near the town of Bessemer /
City, N. c., lying on both sides of the
Charlotte and Atlanta division of the
Southern Railway, and constituting the
valuable mining plant of said Bcssemer
Mining Company machinery, tools
and appliances, Office, furniture and
fixtures, ores on hand, etcs., to be sold
body as a whole. A full, complete
and more particular description OF
said lands and mineral and timbeY
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 are
| duly registered in the Office of tho
| 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 a.
Manufacturing Company; from the
| Consolidated Manufacturing Company;
from the Fidelity Bank of Durham,
| N. c., trustees; from j. A. Smith and
wife; ]. A. Pinchback; r. ID. Ornand
| and wife; Benz Ormand and wife:
Jacob Ormand and others.
| At the same time and place the uu-
| dersigned will offer for sale at public
auction as aforesaid, a 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. X. 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 Cleve-
| 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. 90 Deeds, page 500.
in the office of the Register of Deeds
| Of CASTOR county, and also described
in the deed to said j. A. Smith froIz
| r. n. Patterson. and others, dated
| March oath, 1891, registered in the
office of the Register of Deeds for
Cleveland county, ia book No. "B. BE-
of Deeds, page 223.
| Terms of sale: One-third of the Dls.-
chase money to be paid in cash on TINS
| 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 pavmenE.
| 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
seeds withheld as security for the de-
feTred payment. 1t viii be optionary
with purchasers to anticipate and pay
the 0eIerrcd payments Of the balance
| of she purchase money at any time
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
conce. ming said property, and ths
i, eale thereof, may be obtained on an-
plication to the undersigned.
Dated July Bird, 1896.
J. s. CARR,
of Durham, n T.
E. It. CARRINGTON,
of Bay City, Mich,
Receivers and Commissioner.