The Montgomery advertiser., 1909-10-13
Tru ee's Sale of Laige Sa,U NH Timber and Railroad Properfv

Notice is hereby given that. pursuant to me me terms or n an ozoss sssr or .aie maus Dy in the matter of Vastine J. Herlong. q bank rupt now pending in the District Court of of Alabama, l. as Trustee In said cause. will offer for sale at Monroevile. Alabama. at the court house S door , of Monroe SoHnsy; Ss; bidder for cash between the hours of and p. m. on the 14th day of October. 1908. all of the property belonging to the bank follows:
 capacity of 135. 900 feet per day for Il hours. complete with blaming mill and dry kiins. together with an electric lighting plant. All comparatively new and of modern con- struction and in good condition.
 Nearly the entire village of Msnistee. Ala ing all of the buildings necessary in the operation of said mill and for the furnish ing of quarters for the employees. and also substantial brick building.
 About one hundred million feet of stump about 10000 acres of which i. owned in fee simple. and will be sold. and about i5.- o0o of which consists of timber rights.
 About eighteen miles of main line rail- road from Manistee Alabama. to Manistes Junction. Alabama, where 1t connectes with the Louisville & Nashville Railroad. laid with bs pound steel rails which are leased from the Louisville Nashville Railroad Company and will not be sold. but the road 5 bed. right of way and all other parts of the railroad. including franchise and traf- fic arrangements. will be sold
 About twenty miles of spur track for logging purposes laid with 30 pound steel rail This 30 pound steel rail belongs to the bankrupt and will be sold
 A well-equipped machine shop at Manls- tee Alabama. serving both the railroad and sawmill
 Five locomotives and about fifty logging ears: one eaboose, one passenger motor car, and several camp cars.
 About S7.oo0 worth Of lumber stacked up on the yards and in the blaming mill at Mantstse
 A stock of general merchandise in the eommissary at Manistse which cost about
 A stock of mill supplies of at least
 Six mules. one horse and about eight exen and several log ing wagons and cars.
 Also. all of the tools eQup nent and ap plianees ordinarily used in connection with a railroad and lumber plant of the Kind above indicated.
 The entire property is in good repair. June 1909 and may be put int immediate te operation The transportation facilities for manufactured material are unu ually favor able The acquisition of considerable stumpage in addition to that owned by the bankrupt is feasible The main line of the railroad presents good proposition as a
 The order authorizing the sale provides that all bids be subject to rejection by the Referee, and further that the bidder to whom the property is knocked down at the auction must deposit $5,000.0O in cash or certified check with the Trustee. to be re- turned if the bid is rejected, to be applied upon the purchase price if the bid be ac- cepted and the bidder comply wth the terms thereof. and to be forfeited to the bankrupt estate in the event that the bid be accept ed and the bidder fail to ply with the terms the eof. The order requires the Trus- tee to report the highest bid 70 the Referee immediately and provides that the Referee shall act thereon within three days there after.
 The sale being a judicial sale I call the attention of ali prospective hidda to the fact that 1t vii. include ranty or guaranty of any kind az to quantity quality or title, except that the property will be sold free from any encumhrances creAed or suffered by the bankrupt. Iad. therefore, all prospective bidders hould investigate to their sat faction. n advance of the sale as to the quality and quantity of the pr peTty. as well as the bAnkrupts titl thereto All information within my posse si n will be furnished by 10 all bona fide prospective bidders upon applcat on to me at Ma1tstee Alabama. and l will facilitate as much as possible any and all examinations by or on behalf of prospective bidders
 ARCHIE HEPBURN wed-6t Trustee.