The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-04-13
NOTICE. OF SALE.
Valuable Water-Pcwer and Milling
Property.

Valuable Water-PGwer and Milling
Property.
Under and in pursuance of a judgment
of the Superior Court of Wake county
duly rendered at February term, 1898,
of said court in an action therein pend
ing entitled: 'Chas. III. 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 9TH, 1899.
the following described real and per-
sonal property, VIZ:
a. A certain tract or parcel of land
known as 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 a cross-cut in the bedrock ON
the left or north bank of Neuse River
near the mouth Of the mil-race, the
cerner Of tract of land owned by said
III j. Askew and NJ NJ. Holding; runs
west 43 chains to poplar stump on
the mountain branch; Insnce down and
along said nrdach south 20 degrees,
40 minutes, west 3.52 chains; thence
down and along said branch to its mouth
and across said river north 80 degrees
ID minutes west GIT chains; thence
down the right bank of said river, at
high-water mark, 80 chains to the head
minutes west 2.27 chains to a stake on
the hill; thence south II degrees min
utes east 3.16 chains to holly in Cren-
shaw's line; thence north 80 degrees
east 11.S0 chains to and across Neuse
river, to the beginning, containing 121
acres, more or less, and known as the
"Falls Mill tract"
Also all the improvements and build
ings situate on said land (eXcep. one
brick and wooden addition hereinafter
mentioned); and also all the machinery
and appliances for manufacturing paper
and otherwise which were son
said land and used in c0nnec-
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.
~ A brick and 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,
codnch and press-rolls, dryers, calen-
ders, cutters and other necessary appli-
ances and attachments of said machine;
also MARSHALL driving train complete,
with shafting, 40 horsepower steam
boiler, ~ inch Success" water-wheel,
comprising a complete modern machine
for manufacturing paper, and other ar
ticleS by said decree ldeclared to belong
to the First NationaI Bank of Char
lotte.
a. One 80 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 Car
DINA and has for more than 80 years
been the location of a large paper.miil.
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 12la males 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 in three sep
arate lots and each lot will be identified
at the sale.
Sixty days wall 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-
anee in equal installments in one and
two years, with interest from day OF
sale.
Time of sale: II O'clock, m.
CE1AS. III. BELVIN,