The Brunswick daily news. [volume] (Brunswick, Ga.) 1903-1906, 1904-07-30


lease from the board Of education q
.Glynn county, by indenture of lease
dated July 10, 1901, for term of twer
.ty years with the privilege of renewa
for twenty five years TO which
inden5ure is attached a plat OF
said tract, fully ana completely
designating and describing the same
TO which reference is hereby had for
all purposes OF description.
Also the following described tracts
or parcels of land, situate, lying and
being in the city of Brunswick, GIynn
county Georgia, to which said defend.
ant has fee simple title. towit:
% A certain tract of land contain
ing three and eight tenths (S.S) acres
more or less, being a part ana parcel
OF what was known and recognized as
the homestead of Jacob W. Moore
which contained about twenty acres
more or less. and was formerly owned
by q. Dupree. the land herein describ
ed being more particularly designated
and identified according to the plan OF
map OF said city and of the addition
thereto, made by Eugene Meader, sur.
yeyor, a. D, 1896 ana adopted by the
mayor and council of the city of Bruins
wick on the 26th day of August and
the 31st day Of October, 1896. as that
part or parcel of land beginning at
the intersection of the southern line
OF Cotton Factory tract and the
eastern line of Cochran avenue. thence
running south one hundred and sixty
live feet; and thence in an easterly di-
rection one thousand and two feet.
to the western line Of the boulevard
thence north one hundred and sixty
FIVE feet; thence in a westerly direc,
zion one thousand and two feet to the
point of beginning.
t2) Also that certain tract of land.
situate, lying and being in said city
of Brunswick, described according To
The map and plan of said city by Har.
wood ]. Simmons, civil engineer. in
the year 1894, follows towit: Lots
Al, ~, 43, A, As, 46, AZ, As, ana so much
of 40 as lies east OF the right of way
OF the Southern railway company, OF
what is known as and called the Brew
cry Tract said lots being located be-
tween the track of the Southern rail
way company, the boulevard, Fourth
avenue and the extension of Cochran
avenue, subject however to a lease
TO portion OF said premises held by
the Brunswick Planning and forward
ing Company, dated September Is,
1902. from &. O. MacheL and being
for a term Of fifteen years.
90 Also all the right tile and in
terest of said defendant in and to
tract of land in said city of Brunswick
Glynn county, Georgia, forming a part
of said Brewery tract between lots As,
IS. AZ and As on the east, and lots
Al, AZ 10 and a on the west which
appears from said map last referred to
to be a street but which has never
heen used as such and which has never
been adopted, accepted and treated as
such by the mayor ana council of the
city of Brunswick,
The said sale will be made subject
to the terms and conditions of said
final decree, as follows, towit:
First. No bid win be received from
any person who shall not have first de.
posted with the commissioner, as a
pledge that he will make good his bid
the sum of twenty five thousand dol
lars ($25 100000 in money or by certi-
he'd check upon any National bonk or
Trust company in the city of Bruins.
wick. Georgia, or in the city Of New
York, or one million dollars (S1,00O..
00O.00) Of par value of the bonds secur
ed by said mortgage of July l 1902.
Second. No bid will be accepted IN
less the same shall be at least equal
to the sum Of one million dollars ISL
OOO.OOO.0O),
Third, Upon the acceptance of any
bid the successful bidder shall forth
with deposit With the commissioner
the sum of seventy Eve thousand dol
lars (S7600000) IN cash or by certified
chack upon any National bank or
Trust company in the city of Bruins
wick, Georgia or in the city Of New
York. but any cash that may have
been previously deposited with the
commissioner by the successful bidder
shall be credited and received as on
account Of the amount SO required on
the acceptance of the bid The depos
Il Of any unsuccessful bidder VIII be
returned to him when the property
shall be struck down.
Fourth. The purchaser may satisfy
and make good any part of his bid,
not required TO be paid in cash, by
turning in any bond or coupons paya.
Bile out Of the proceeds Of the sale
upon distribution thereof; and such
purchaser shall be credited therefor
on account of his bid with such sum
as would be payable on such bonds
and coupons out Of the purchase price
il the whole amount thereof had been
paid in cash,
Fifth, The property will be sold as
an entirety, free from all liens and
prior charges, all such liens and charg.
es being transferred. under the termk
OF said final decree to the fund arising
from the proceeds of said sale.
sixth. The sale will be made sub.
Ject to conformation by the court Up
on confirmation and the payment in
full OF the purchase price, the commits
sioner. as well as the Brunswick and
Birmingham Railroad Company and
the Knicherbocker Trust Company as
trustee viii execute to the purchaser
deeds of conveyance and will deliver
possession of the property sold, and
title in the purchaser shall be abso-
lutte. In the event the purchaser shall
fail TO make good his bid within thirty
days after confirmation of the sale,
the court reserves the right to resell
Inc property, and the sum in cash or
bonds deposited by such purchaser
with the commissioner as a qualih-
cation for bidding shah be forfeited as
penalty for such failure and shall
DE applied towards payment Of the ex-
penScs 0f resale. and towards MAX