The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-06-02
NOTICE OF SALE.
Valuable Watel-Power and Milling
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. IL. Bclvn, cash
Ter, ct al VS.. The Raleigh Paper Co,
ct al" the undersigned Commissioners
will expose to public sale on the premises
or said Raleigh Paper Go. at the "rals
of Neuse" in said county on
MONDAY, JUNE 5TH, 1899.
the following described real and per.
sonal property, VIZ:
ID n certain tract or parcel OF land
known as The Falls" or Mills" trace
situate on both sides Of NeuSe River nj
the Great Falls" Of said river adioin-
ing the lands Of Mrs NJ. NJ. Holding
ii. j. Askcw, j. NJ. Crcushaw aud 9th
ers, and bounded as follows: Rcyin-
ming at cross-cut in the bedrock ON
the left or north bank Of Ncus. River
near the mouth of the mlIrace, the
ccrner of "A tract of land owned by said
L j. ASkcw and NJ NJ. Holding; runs
thence by an old line north u degrees,
west rs chains to a poplar stump on
the mountain branch; ln,pce down and
along said branch snutn ~ degrees.
down and along said branch TO its mouth
and across said river north - degrees
ID minutes west 6.77 chains; thence
down the right bank Of said river. al
high-water mark, 80 chains to the head
of the dam; thence south 3 degrees
minutes west 2.27 chains 10 a stake on
the hill; thence south - degrees min
utcs east -. ~ chains 10 a holly, in Creu-
shaws line thence north - degrees
east 11.S0 chats TO and across Neuse
river, to the beginning, containing l2i
acres, more or less, and known as the
Fails Mill tract"
Also all the Improvements and build
ings situate on said land texccpt 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 conncc-
ton with the watcr-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 Gecree.
All of said land, improvements aud ma
chinery will be sold together.
CO. \ orick ana wooden house on said
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
chinery, by said decree declared to be-
long to w. w. Vass. Jr., trustee.
CD One Us inch Foudriner Paper
Machine, consisting of Foudrinier part,
council and pressr0ls, dryers, calen-
ders, cutters and other necessary appli-
ances and attachments of said machine;
also a "Marshall'' driving train complete,
with shafting, 40 horsepower steam
boiler, AZ inch Success" waterwhcel,
comprising a complete modern machine
for manufacturing paper, and other ar
ticIes by said decree declared to belong
to the First National Bank OF Char
lotte.
a. One SO horsepower steam engine
and fixtures.
The above-descrbed real estate com
prises one of the best and most avaiia-
bic water-powers in central North Car
DINA and has for more than 30 years
been the location of a 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
one-half miles from Wyatt Station, on
the SeabOard Air Line Railway ard
about 1212 miles from the city of Raleigh.
The aforementioned machinery to-
gether comprises all the machinery and
appliances needed for the operation Of
large paper mill. The machinery as in
dicated above will be sold I'm 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: Onc-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. III. BELVIN,
Commissioner