The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-06-01
NOTICE UF SALE.
Valuable Water~Power and Milling
property.


Under and in pursuance or Judgment
Of the Superior Court of Wake county
duly rendered at February term, 1888,
of said court in an action therein pend
ing entitled: "Chas. III. Belviu, cash
ier ct al VS.. The Raleigh Paper Co,
ct all the undersigned Commissioner
will expose 10 public sale on the premises
of said Raleigh Paper Co at the Falls
of NeuSe" in said county on
MONDAY, JUNE 5TH, 1899.
the following described real and per
sonal property. VIZ:
ID certain tract or parcel OF land
known as The Fails or Mills" tract,
situate on both sides of Neuse River at
| the Great Falls" of said river adi0in-
! ing the lands of Mrs. NJ NJ. Holding,
| Ii, j. Askew, j. Nj. CrenShaw and 9th
erS, and bounded as follows: Begin.
ming at a crosS-cut in the bedrock on
! the left or north bank of Neusa River
near the mouth Of the mill-race, the
| corner of a tract of land owned by said
! Il !. ASkcw and NJ. NJ. Holding; runs
! thence by an old line north u degrees,
west As chains to a poplar stump on
| the mountain branch; tntucc down and
| along said prdaCh south So degrees,
40 minutes, west 3.52 chains; thence
down and along said branch to its mouth
and across said river north 81, degrees
ID minutes west 6.77 chains; thence
down the right bank Of said river, ut
high-water mark. IS chains TO the head
of the dam; thence south degrees
minutes west 2.27 chains to stake on
the hill; thence south II degrees min
utes east 23.16 chains to n holly, in Crcn-
Shaw's line; thence north - degrees
east 1880 chair s to and across Ncuse
river, to the beginning, containing III
acres, more or less, and known as the
Fails Mill tract"
Also all the Improvements and hui'd.
ngs situate on said land (eXccpt one
brick and wooden addition hereinafter
mentoned); 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. 1898, and
all other machinery and appliances put
on said land since June 9th, 1913, which
belong to said plant under said decree.
All of said land, improvements and ma
chinery will be sold together.
60 \ brick ana WOODEN house on said
land built as an addition to the origin
al building; and also 100 horsepower
steam engine, and 100 horsepower steam
boiler and 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,
council and press-rOlls. dryers, calen-
ders, cutters and other necessary appli-
aha Of
also MARSHALL driving train complete,
with shafting, 40 horsepower steam
boiler, ~ inch Success" water-whcel,
comprising a complete modern machine
for manufacturing paper, and other ar
ticles by said decree declared TO belong
to the First National Bank Of Char
lotte.
a. One 50 horsepower steam engine
and fixtures.
The above-described real estate COM
prises one of the best and most availa-
bic water-powers in central North Gar"
DINA and has for more than 90 years
been the location of a large paper mill
There is sufficient power to run several
paper-mills and cotton factories or other
manufacturing plants. 1t lies within
four miles of Neuse Station and two and
one-half miles from Wyatt Station, on
the Seaboard Air Line Railway ard
about 1919 miles from the city of Raleigh.
The aforementioned machinery to-
gether comprises all the machinery and
appliances needed for the operation Of
large paper mill. The machinery as in
dicated 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 purchased
Terms of sale: Onc-third cash-hal-
ance in equal installments in one and
two years, with interest from day OF
sale.
Time OF sale: II O'clock IN.
CHAS. Il. BELVlN,
Commissioner.