The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-08-15
Sale of Valuable Iron Mining
Property and. City Lots.

tUpUtAY anu s0ibY @Vb0s
By virtue of the decree, and pur-
suant to the orders of the Superior
court of CASTOR county, in the case
of Ballard d Wiley, trustees of r. L
Duke VS.. the Bessemer Mining Com
pany and others, the undersigned re-
ceivers and commissioners, appointed
by said court, viii on Tuesday, tn,
sth day of September, 1896, at le,
o'clock a. m, at the office of the Besss-
mer Mining Company, in Bessemer
City, N. c., sell at public auction &c
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 Q,700) hundred acres OF
and in and near the town of BessemeF
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 Bessemer
Mining Company, machinery, toolE
and appliances, office, furniture and
fixtures, ores on hand, etcs, TO be sold
n a body as a whole. A full, complete
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 the
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, towit:
From the Bessemer City Mining 4
| 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 wifes
| Jacob Ormand and others.
At the same time and place the un-
| dersigned viii 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. 20 (Deeds), page 523
in the office of the Register of Deeds
of CASTOR county, and also deseribes
in the deed to said j. A. Smith frox
X. N. Patterson and others, dated
| March gath, 1891, registered in the
| office of the Register of Deeds for
Cleveland county, in book No. "B b
of Deeds, page 223.
Terms of sale: One-third of the Dug
chase money to be paid in cash on the
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 titls
deeds withheld as security for the de-
| ferred payment. 1t will be optionary
with purchasers to anticipate and nav
the deferred payments of the balance
! of the purchase money AZ 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
concerning said property, and the
sale thereof, may be obtained on ap-
plication to the undersigned.
Dated July Bird, 1896.
J. S. CARR,
of Durham. n. &
z, T. CARRINGTON.
Of Bay City, Mich,
Receivers and Commissioners.