The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-05-27
NOTICE OF SALE.
Valuable Watei~Power and Milling
property.

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 enhtled: "Chas. I'll. Belvin, cash
Ter, ct nj 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 Fails
of Neuse" in said county on
MONDAY, JUNE 9TH, 1899.
the following described real AMI 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 adjoin-
| ing the lands of Mrs. NJ. Nj. Holding,
| IL. j. Askew, J. NJ. CrenShaw and 9TH
ers, and bounded as follows: Begin.
ming at a cross-cut il the bedrock on
the left or north bank of Neuse River
| near the mouth of the mill-race, the
ccrper of tract of land owned by said
! ll, j. Askew and NJ. VI. Holding; runs
| thence by an old line north Is degrees,
west is chains to a poplar stump on
the mountain branch; tn,nce down and
along said hraach south 80 degrees.
40 minutes, west 3.52 chains: thence
down and along said branch to its mouth
and across said river north 81 degrees
! ID minutes west CIT chains: thence
down the right bank Of said river, at
| high-water mark, 90 chains to the head
of the dam; thence south 3 degrees
minutes west 2.27 chains to stake on
! the hill; thence south ~ degrees min
utes east %. 10 chains to a holly, in Cren-
| shaw's line; thence north 80 degrees
east 1l.SO chaiI to and across Neuse
river, to the beginning, containing l2l
acres, more or less, and known as the
Fails Mill tract"
Also all the improvements and build
ings situate on said land texccp. 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, ana
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 brick 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 n 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 6S inch Foudrinier Paper
Machine, consisting of Foudrnier part,
council and press-rols. dryers, calen-
ders, cutters and other necessary appli-
ances and attachments of said machine;
! also a "MarshalP' driving train complete,
with shaftng, 40 horsepower steam
| boiler, II inch Success" water-wheel,
comprising 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 horse power 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 % years
! been the location of large paper MILL
There is sufficient power to run several
paper-mils 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 12113 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 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-bal-
ance in equal installments in one and
two years, with interest from day of
sale.
Time OF sale: II O'clock, m.
CHAS. I'll. BELVIN,
Commissioner.