The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-04-23
NOTICE or SALE
Valuable Water-Power and NIillio,
Property.

Under and in pursuance ora iudpmcrt
of the Superior Court of Wake coI,ntr,
duly rendered at February term 900,
of said court in an action therajn nonG
| ing entitled: "Chas. II. Kelvin oo1L
Ter, ct al VS.. The Raleigh paner 20
ct al" the undersigned Commissioners
will expose to public sale on the nremisos
Of said Raleigh Paper Co. at the ..ToIls
of Neuse" in said county on
MONDAY, JUNE 9TH. 1899
the following described real and nor
sonal property, VIZ:
ID y certain tract or parcel NJ land
known as THE Falls or Mills" troct
situate on both sides of Neuse Pivnr ~
the Great Falls of said river a5ioins
ing the lands of Mrs. NJ NJ. HoIiin,,
III. j. Askew, j. Nj. Crenshaw and OH,
! ers, and bounded as follows: Ro,in-
ming at cross-cut in the bed.rocly %,
the left or north bank of Neus. River
near the mouth of the mjll-race tho
ccrncr of a tract of lanI owned Inv said
H. j. Askew and Nj. VI. Holding. rms
thence by an old line north & dorr@.s
west 43 chains to a poplar stumn an
| the mountain branch; thence down and
along said Drdlch south 20 degrees.
10 minutes, west 3d. chains: thence
down and along said branch to its mouth
and across said river north 80 degrees
10 minutes west 6.77 chains; thence
down the right bank Of said river. at
high-water mark, 80 chains to the head
of the dam; thence south 3 degrees
minutes west 2.27 chains to a stake ON
the hill; thence south II degrees , min
utes east %. IL chains to holly. i'm Cren-
shaw's line; thence north 80 degrees
east 11.S0 chaiIs to and across Neuse
river, to the beginning containing l21
acres, more or less, and known as the
Fails Mill tract"
Also all the improvements and build-
ings situate ON said land (exceps one
brick and wooden addition hereinafter
mentioned); and also all the machinery
and appliances for manufacturing pape-
and otherwise which were ON
said land and used in connec-
tion with the water-power on the
same on the 9th Cay of June. 1893 and
all other machinery and appliances nut
on said land since June 9th, 1893, which
belong to said plant under said decree.
All of said land improvements aud ma
chinery Will be sold together
ca A 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.
O. One IS inch Foudrinier Paper
Machine, consistingro Foudrinier ~,
council and press-rOlls, dryers, caM-
ders, cutters and other necessary appli-
ances and attachments of said machine;
also Marshall driving train complete,
with shafting, 40 horsepower steam
boiler, II inch Success" water-wheel,
comprising complete modern machine
for manufacturing paper, and other ar
ticles by said decree declared to belong
TO the First National Bank Of Char
lotto.
ID One 50 horsepower steam engine
and fixtures.
The aboye-described real estate COM
prises one of the best and most availa-
bic water-pOwers in central North Car
DINA and has for more than so years
been the location of 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
0ne-half miles from Wyatt Station, on
the Seaboard Air Line Railway ard
about l212 miles from the city of Raleigh.
The aforementioned machinery to-
gether comprises all the machinery and
appliances needed for the operation of a
large paper mill. The machinery as in
Dictated above will be sold fl 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: One-third cash-hal-
ance in equal installments in one and
two years, with interest from day OF
sale.
Time Of sale: u o'clock, m.
CHAS. III. BELVIN,
Commissioner.
April LIST, 1899.