The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-07-15
Sale of Valuable Iron Mining
Property and City Lots.

BY virtue OF the decree, and pur-
suant to the orders of the Superior
court of CASTOR county, in the case
of Ballard q Wiley, trustees of B. L.
Duke VS.: the Bessemer Mining Com
pany and others, the undersigned re-
ceivers 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 Besse-
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 as
sets of every kind and description, be-
longing to the Bessemer Mining Com
pany, corporation, consisting of about
seventeen 0,700) hundred acres of
land 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 Bessemer
Mining Company, machinery, tools
and appliances, office, furniture and
fixtures, ores on hand, etcs., to be sold
in 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
ing 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 I'M
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-
ehasers 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 523,
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 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: 0ne-third of the Dur-
chase money to be paid in cash on the
day of sale, and the balance of the
purchase money to bs 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. 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 accruing of interest on the
deferred payment.
Any further information desired
concerning said property, and the
sale thereof, may be obtained on APP
plication to the undersigned.
Dated July 3rd, 1896.
j. S. CARR.
of Durham, n. c.,
Z. t. DARLINGTON,