The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-05-11
NOTICE or SALE.
Valuable Water-Power and Milling
Properly.


Under and in pursuance of Judgment
Of the Superior Court of Wake county
duly rendered at February term, 1895,
of said court in an action therein pend
ing entitled: "Chas. I'll. Belvin, cash
Ter, ct al VS.. The Raleigh Paper Co,
ct all the undersigned Commissioner
Will expose to public sale on the premises
Of said Raleigh Paper Co. at the Fails
of Neuse" in said county on
MONDAY, JUNE 5TH, 1899.
the following described real and per.
sOnal property, VIZ;
IL y certain tract or parcel of land
known as 1.-The Falls or mills" tract,
situate on both sides of Neuse River at
the Great Falls of said river adioin-
ing the lands of Mrs. nj. NJ Holding,
ii. j. Askew, j. NJ. Crenshaw and 9th
ers, and bounded as follows: Begin
ming at cross-cut il the bedrock on
the left or north bank of Neuse River
near the mouth of the mil-race, the
ccrper of a tract of land owned by said
IL j. Askew and NJ NJ. Holding; runs
thence by an old line north 8 degrees,
west 43 chains to a poplar stump on
the mountain branch; III, nee down and
along said branch south 50 degrees,
10 minutes, west 3d. chains; thence
down and along said branch to its mouth
and across said river north 30 degrees
ID minutes west CIT chains; thence
down the right bank of said river, at
high water mark, 30 chains to the bead
of the dam: thence south 3 degrees Z
minutes west 2.27 chains to a stake on
the hill; thence south - degrees min
utes east %. 16 chains to a holly, in Cren-
shaw's line; thence north 90 degrees
east 11.S0 chairs to aud across NeuSe
river, to the beginning, containing III
acres, more or less, and known as the
Falls Mill tract"
Also all the improvements and build-
ings situate on said land texcept one
brick and wooden addition hereinafter
mentioned); and also all the machinery
and appliances for manufacturing paper
and otherwise which were on
said land and used in connec-
ton with the water-power on the
same on the 9th cay of June 1893, and
all other machinery and appliances put
on said land since June 9th, 1898, which
belong to said plant under said decree
All of said land, improvements and ma
chinery will be sold together
~ ~ Dfick anu WOOueu house On STU
land built as an addition to the origin,
al building; and also 100 horsepower
steam engine, and 100 horsepower steam
boiler and a lot of shafting, piping, pull
legs, pumps and other articles and ma
chinery, By said decree declared to be-
long to w. w. Vass. Jr., trustee.
CD One IS inch Foudrinier Paper
Machine consisting of Foudrinier part
"a Ian
ders. cutters and ether necessary appli-
ances and attachments of said machine;
also a "MarshalP' driving train complete,
with shafting 40 horsepower steam
boiler, ~ inch Success" water-whcel,
comprising complete modern machine
for manufacturing paper. and Other ar
ticles by said decree declared to neiong
TO the First National Bank Of Char
lotto.
ID One So horsepower steam engine
and fixtures.
The above-dcscribed real estate COM
prises one of the best and most avala-
bic water-pOwers in central North Car
olina and has for more than 30 years
been the location of a large paper mill.
There is sufficient power TO run several
Daper-mills and cotton factories or other
manufacturing plants. 1t lies within
four miles of NeuSe Station and two and
one-haf miles from Wyatt Station, on
the Seaboard Air Line Railway ard
about 12la miles from the city of Raleigh.
The aforementioned machinery to-
gether comprises all the machinery and
appliances needed for the operati ton of a
large paper mill. The machinery as IN
dcated above will be sold In three sep
arate lots and each lot will be identified
at the sale.
Sixty days will be given the purchaser
or purchasers from and after the sale to
remove from the premises the property
respectively purchaseds
Terms of sale: One-third cash-hsl-
ance in equal installments in one and
two years, with interest from day Of
sale.
Time Of sale: u O'Clock, m.
CHAS. III. BELNlN,
Commissioner