The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-05-13
NOTICE or SALE.
NaIuabIe Water-Power and Milling
properly.

Under and IN pursuance of a 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. IL. Belvin cash
Ter, ct al VS.. The Raleigh Paper Co,
ct al" the undersigned Commissioner
viii expose to public sale on the premises
of said Raleigh Paper Co. at the Fails
of Neuse" i'll said county on
MONDAY, JUNE 5TH, 1899.
the following described real ana per.
sonal property, VIZ:
ID y 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. M. NJ. Holding,
ii. j. Askew, J. NJ Crenshaw aud 9th
ers, and bounded as follows: Begin
ming at cross-cut il the bedrock on
the left or north bank of Nense River
near the mouth of the mil-race, the
corner of a tract of land owned by said
III j. Askcw and NJ N. Holding; runs
thence by an old line north u degrees,
west 10 Chains to poplar stump on
the mountain branch: IN, nee. Gown and
along said branch south 80 degrees,
ID minutes, vest 3d. chaips; thence
down and along said branch to its mouth
and across said river north 81 degrees
10 minutes west 6.77 chains; thence
down the right bank of said river, at
high-water mark, 55 chains to the head
of the dam; thence south 3 degrees
minutes west 2.27 chains to a stake on
the hill; thence south y degrees ) min
utes east 23.16 chains to a holly, in Cren-
xtrs. I;,., ~ Il
east 11.S0 chair S to and across Neuse
river to the beginning. containing 121
acres, more or less, aud known as the
Fails Mill tract
Also all the improvements and hul!d-
ings situate on said land (excep. one
brick and wooden addition hereinaftcr-
mcntioned); and also all the machinery
and appliances for manufacturing paper
and otherwise which were on
said land and used in connec-
ton with the watcr-power on the
same on the 9th Cay Of June, 1888 aud
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.
60 brick ana wooden house IN soid
land built as an addition to the origin.
al building; and also a 100 horsepower
steam engine, and 100 horsepower steam
boiler and lot of shafting, piping, pull
leys, pumps and other articles and ma
by said decree declared to be-
long to w. w. Vass. Jr.. trustee.
CD One 6S inch Foudrnier Paper
Machine, consisting of Foudrinier part,
council and press-roIls, dryers, calen-
ders, cutters and other necessary appli-
ances and attachments of said machine;
also "MarshalP' driving train complete,
with shafting, 40 horsepower steam
boiler, ~ inch Success water-whecI,
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
lotto.
4.) One So 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 large paper mill.
mere Is sufhclent power to run several
2aper-mlilS and cotton factories or other
plants. 1t lies within
four miles of Neuse Station and Two and
the Seaboard Air Line Railway ard
Ibout l212 miles from the city of Raleigh.
The aforementioned machinery to-
sether comprises all the machinery and
appliances needed for the operation OF
arge paper mill. The machinery as IN
Heated above will he sold In three sep
lrate lots and each lot will be identified
Il the sale.
Sixty days will be given the purchaser
'r purchasers from and after the sale to
emove from the premises the property
respectively purchased
Terms of sale: One-third cash raj.
'nce IN equal Instruments in Que aud
wo years, with interest from day OF
ale.
Time OF sale: T. O'Clock. m.
ClIAS. IL. BEl.NlS.
Commissioner
ADri Ist. 1899.