The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-04-20
NOTICE or 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, 1898,
of said court in an action therein pend
ing entitled: "Chas. II. Belvin. cash
Ter, ct al VS.. The Raleigh Paper Co.,
ct all the undersigned Commissioners
will expose to public sale OH 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 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. M. Nj. Holding,
III. 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 ban2 of Ncusa River
near the mouth of the mil-race, the
corner of a tract of lanI owned by said
Ii j. Askew and NJ. NJ. Holding; runs
thence by an old line north u degrees
west 43 chains to poplar stump on
the mountain branch; III, nee down and
along said branch south 10 degrees,
10 minutes, west 3.52 chains; thence
down and along said branch to its mouth
and across said river north 80 degrees
Is minutes west GIT chains; thence
down the right bank of said river, at
high-water mark, 30 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 holly, in Cren-
shaW's line; thence north % degrees
east l1.S0 chairs to and across Neuse
river, to the beginning, containing III
acres, more or less, and known as the
Fails Mill tract"
Also all the improvements and build
ings situate on said land teXcep. one
brick and wooden addition hereinafter
mentioned); 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, 1898, which
belong to said plant under said decree.
All of said land, improvements aud ma
chinery will be sold together.
(2.) A brick ana wooden house on said
land built as an addition to the origin
al building; aud also a 100 horsepower
steam engine, and 100 horsepower steam
boiler and a lot Of shafting, piping, pull
leys, pumps and other articles and ma
chinery, by said decree declared to be-
long to w. w. yass. 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-
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 declared to pelong
TO the First National Bank Of Char
lottc
a. One so horsepower steam engine
and fixtures.
The above-described real estate COM
prises one of the best and most availa-
BILE water-powers in central North Car
DINA and has for more than 30 years
been the location of large paper mill.
There is sufficient power to run several
paper-mills and cotton factories or Other
four miles of Neuse Station and two and
one-half miles from Wyatt Station, on
the Seaboard Air Line Railway ard
about 1211a 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 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: One-third cash-hal-
ance in equal installments in one and
two years, with interest from day Of
sale.
Time Of sale: II O'clock, m.
CHAS. Ii. BELVIN,
Commissioner.
ADril st. lS!ul