The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-04-02
NOTICE OF SALE.
Valuable Water-Power and Milling
Property.


Property.
Under and in pursuance Of Judgment
of the Superior Court of Wake county
duly rendered at February term, 1899,
of said court in an action therein pend
ing entitled "Chas. III. Belvin, CASH
Ter, ct al VS.. The Raleigh Paper CO.,
ct al" the undersigned Commissioner
will expose to public sale on the premises
of said Raleigh Paper Co. at the Falls
of Neuse" in said county on
MONDAY, JUNE 9TH, 1899.
the following described real and per-
sonal property, viz:
a. 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. NJ NJ. Holding,
Ill. j. Askew, j. NJ. Crenshaw aud 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-raee. the
corner of tract of land owned by said
H. j. Askew and NJ NJ. Holding; runs
thence by an old line north s degrees,
west 43 chains to a poplar stump on
the mountain branch; tnsuce down and
along said brdach 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 6.77 chains; thence
down the right bank of said river, at
highwater mark, 30 chains to the head
of the dam; thence south 3 degrees z
west 2.27 chains to stake on
the hill; thence south II degrees 5 min
utes east 23.16 chains to a holly, in Cren-
shaw's line; thence north % degrees
east 11.S0 chains to and across Neuse
river, to the beginning, containing 121
acres, more or less, and known us the
"Falls Mill tract" rr.
Also all the improvements ~. &--rrf
1ngs situate ON said land (eXcepSgs> one
brick and wooden addition hereinafter-s
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 day of june, 1893, and
all other machinery and appliances put
on said land since June 9Th, 1893, which
belong to said plant under said decree.
All of said land, improvements and ma
chinery will be sold together.
CD A brick and wooden house on said
land built as an addition to the origin
al building; and also a 100 horsepower
steam engine, and 100 horse power steam
boiler and lot of shafting, piping, pull
leys, pumps and other articles and ma
chlnery, 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 appl-
ances and attachments of said machine;
also a Marshall driving train complete,
with shafting, 40 horsepower steam
boiler, II inch Success" water-wheel,
a complete modern machine
for manufacturing paper, and other ar
Icles by said decree declared to belong
to the First National Bank Of Char
Iotte.
ID One 50 horsepower steam engine
and fixtures.
The above-described real estate com-
Drlses one of the best and most aylla-
bic Water-powers in central North Car
DINA and has for more than 30 years
been the location of a large paper.m!ll.
There is sufficient power to run several
Daper-mills and cotton factories or other
plants. 1t lies within
four miles of Neuse Station and two and
1ne-half miles from Wyatt Station, on
the Seaboard Air Line Railway ard
lbout 1213 miles from the city of Raleigh.
The aforementioned machinery to-
sether comprises all the machinery and
appliances needed for the operation OF q
arge paper mill The machinery as IN
licated above will be sold In three sep
lrate lots and each lot will be idenrlhed
1t the sale.
Sixty days will be given the purchaser
II purchasers from and after the sale 10
'emove from the premises the property
respectively purchased.
Terms of sale: One-third cash-pa4-
lnce in equal installments in one ana
Two years, with interest from day OF
sale.
Time Of sale: II o'clock, m.
CHAS, III. BELVlN,
Commissioner.
April LIST, 1899. =