The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-05-05
LEGAL ADVERTISEMENTS.
RECEIVER'S SALE OF THE UNION

LEGAL ADVERTISEMENTS.
RECEIVERS SALE OF THE UNION
STEEL COMPANY's PROPERTY.
Notice is hereby given that pursuant 20 an
order of the Madison Circuit Court entered OF
record in the case OF the Missouri Furnace Com
pany VS.. The Union Steel Company. the under
signed, receiver OF said Union Steel Company,
will on Monday, May Is. 1899. beginning at 2
O'Clock p. m. sell at public auction 10 the highest
and best bidder at the door OF the Office OF said
company on its premises In Monroe township.
Madison county, Indiana. all the real estate and
personal property belonging to said Union Steel
Company mentioned in said order of sale.
Said receiver will first offer and sell the follow
ing real estate and personal property In Madison
county, in the State OF Indiana, TO wit:
A part Of the north half OF the northeast quar-
ter of Section Is. Township q. north. Range z.
point on the north line Of said section. which In
40 feet east OF the center Of the Cincinnati.
Wabash & Michigan Railroad right OF way.
or less, to the west line Of Harrison street, In
the city OF Alexandria. thence south on said west
line OF Harrison street 777.ss feet. thence west
LIZA feet, more or less, to the east line Of said
railroad right OF way, thence north along the
east line Of said railroad right Of way 771.ss feet
TO the place OF beginning. containing thirty acres.
more or less. upon which described real estate
are situate the rolling mills furnaces. steel mLis
machinery. engines. boilers and fixtures, which.
with the appurtenances hereinafter described.
compose the factory and plant Of the said Union
Stssi SoT ,IsiT..,sb Alr sss lot =, number NIB R6 nSs e M, In 9 91cs
Company's first addition TO the city OF Alexandria,
together with the natural gas well. pump house.
pipes, mains and rights OF way on which same are
laid, the same being the water supply station
for the rolling mills and manufacturing plant Of
said Union Steel Company and belonging TO and
appurtenant TO said manufacturing plant To-
Gated on said first described real estate. Also lot
No. 9e1. in the Phillips Land and Gas Companys
first addition TO the city of Alexandria Also
lot No. Is. in Thomas b. sleeth's first addition
point $50 feet east OF the southeast corner OF The
southwest quarter OF the southwest quarter OF
range seven CD. running thence east six CD rods.
thence north six 90 rods, thence west six 90 rods.
thence south six 90 rods TO the place OF begin
ming, containing one-fourth acre, more or less.
Also a tract of land one hundred feet square in
the rortheast corner OF the north half OF the
northeast quarter Of the southwest quarter OF Sec
ton 25. Township 81. north. Range Z. east; also
commencing at the northeast corner Of the SOUTH
east quarter OF the southeast quarter OF Section
%. Township 81. north. Range Z, east. running
thence west 161 feet. thence south 1s5 feet. thence
east lsl feet, thence north I5 feet TO the place OF
beginning. Upon each OF which i've tracts OF
land last described is located and situate a gas
well.
Also the leasehold interest acquired by said
Union Steel Company under and pursuant 70 a
certain lease executed by Shadrack Ferguson and
Mary Ferguson. his wife. dated March is. 1885.
in and TO the land described as follows, to wit:
A tract 40 feet square near the northwest corner
OF the east half OF the northeast quarter OF Sec
ton 80, township II. north, Range q, east SAID
tract to Join the one-fourth acre conveyed by said
Ferguson and wife TO one Charles L. Henry and
lying Immediately east OF said one-fourth acre
on the south line Of the county road. upon which
leasehoid estate Is situate a gas well belonging
TO said Union Steel Company. together With all
the mains, pipes. regulators, fixtures and rights
OF way, by means of which said gas wells are
connected with and used in the operation OF said
mills and factory. All OF said real estate. gas
wells, mains, pipes. fixtures and rights OF way
being appurtenant to said manufacturing plant.
also an 1hs soois, impae ens d ens ane o, herie VS.
hicles. rolls. equipments. machinery liked ana
movable of any and every description used In
and forming a part Of said manufacturing plant.
All Of said property TO be offered and sold as q
whole by said receiver.
Said receiver Will next offer and sell all the
raw material. material in process OF manufacture.
finished product. supplies and any and every
article of merchandise in his hands at the time
part OF said manufacturing plant. In bulk and an
e. whole.
ing stocks in his hands as such receiver. TO wit:
Fourteen hundred elghty-hve q .4s5) shares OF the
Belt Railway Company; two hundred shares OF
the capital stock $500 each) OF the Home Land
and Improvement company:
Said receiver will next offer and sell a certain
leasehold estate held by said Union Steel Com
pany under and pursuant 20 a lease and contract
ton. to said Union Steel Company for the land
and property therein described, situate IN the
County OF s.. Clair. State Of Illinois, and known
1895. recorded In book No. "a. on Page s1s. on the
records in the recorders office Of 81. Clair county.
Illinois. and being for the term OF thirty 00
years from the date thereof.
Said receiver will next offer and sell lots NUN
DcTcQ Hlntttfn VS. tNtUy t1Js lNtul- w t~fs
thirty 600 and thirty-one 8D. in the Star Land
Company's first addition TO the town. now city.
OF Alexandria, Madison county. Indiana
TERMS Of SALE.
The property composing the manufacturing
plant of said company, as above described. VIII
be sold for one-third cash, one-third In six months
and %one-third in twelve months from day OF sale.
purchaser to give notes for deferred payments
bearing interest at 6 per cent. per annum from
date and attorneys. fees and secured by a mort
gage upon the property so sold: or for cash AZ the
election OF such purchaser. All other property 70
be sold for cash I'm hand.
Purchasers at said sale. before their bids shall
| be accepted by said receiver. shall deposit with
said receiver, as one OF the conditions OF accept
ing their bids. a sum equal TO 10 per cent. OF the
| shall be in cash. or by certined check or banker :
| draft. payable 10 the order OF said receiver. and
as = credit upon the cash payment required for
the purchase Of the property 80 onered ana sold
when such payment Is mae ma nm IN 1 ss,9nrs VIII
such deposit said property shall Immediately Re
reoffered for sale in like manner as before and
posIt. shall thereafter fail to comply with the
further terms az the sale the sum or sums 20
deposited shall be forfeited 10 said receiver and
shall be deemed and held a. iiquids,ed damages
for the default OF such purchaser. Full com
| nliance with the terms Of such sale shall be re-
ppntres ~ each and every purchases Immediately
| upon the adjournment of such sale. The propert-
| hereby ordered TO be sod viii he cold free and
| clear OF ALI liens and membranes.
In compliance with said order OF said court an
appraisement OF the property 10 be sold viii es
had and the same win be made and the report
| thereof filed with the clerk of said court as fol.
lows: The report Of the appraisement as 20 the
| real estate and manufacturing plant and the ap-
purtenances thereunto belonging and their APP
praisai of the lots In the said Star Land Com
pany's first addition to the town. now city. OF
| Alexandra, said stocks In said Belt Railway
Company and the Home Land and Improvement
| Company and said ieasehold estate In the prope<ty
| OF the Valley Steel Company. situate IN said
County OF ST. Clair. Illinois. by the 5th day OF
| May. 1899: and the report OF the appraisement OF
the raw material. material IN process OF manu-
facture. finished product. supplies and any and al
articles OF merchandise then In said receiver
hands on the 18th day OF May. 1888. said receives
will make due report Of said sale TO the courl
! within five days after said sale Is had for the
l action or the court thereon
THOMAS r. AKIN. Receiver.
4 Tora1f r. Hoflouat Atforuprx.