The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-04-29
VALUABLE MINERAL AND TIMBER
LANDS, CONTAINING 1926 ACRES,
SITUATE IN CRAIG COUNTY, VA

Acting under decree OF the Circuit
Court OF Craig county, Va. entered at
the February. term. 1910, in the chan
wha Valley Bank, and another, who
sue for, etc, against the Manganese
Iron and Coal Company. and others, :
will OFFER for sale at public auction. TO
the highest bidder. IN front of the
NEW CASTLE, CRAIG COUNTY. VA.
at o'clock p. NJ, on 49,
SATURDAY, APRIL 40, 1910. .
real estate. situate in Craig county
(and probably a small part In Mont
gomery county,. Va, owned by the
Manganese iron on, ana rnc,s .o oe sa poss
$40, 95S and SAG acres, respectively, on
the north side of Johns Creek Noun.
tain In Craig county. Va, a tract OF
Creek Mountain. a tract Of ASIA acres:
on the south side of Craig,s Creek
Mountain. in Craig and Montgomery
counties. Va, tract OF 500 acres; on
the north side of Brushy Mountain. in
said counties, a tract Of $3.50 acres;
on the south side of Craigs Creek
Mountain. in Craig county, Va. tract
of $50 acres; on Nutter's Mountain, IN
| Craig county, and mineral rights and
mining privileges on a tract of 81
acres. on the south side of Craig's
Creek Mountain, all of which tracts
and mineral rights contain In the ag-
Il 4
| These lands extend from point
about one-half mile from New Castle
| Va. in a westerly direction about
eighteen miles along the top and dr sids,
Creek Mountain. Brushy Mountain and
| Nuttcr's Mountain. They are supposed
| to contain valuable deposits of man
ganese and other iron ores, and the
prospecting done on these lands indI-
cate the presence of suea ores In
workable quantities They also con-
tain coal. limestone, building stone and
all necessary water and water power.
Almost the entire boundary Is well
set In thick growth of pine, poplar!
white oak. BLACK oak. chestnut and
chestnut oak. which VIII yield many
large quantities of tanbarlS and cross
ties. This Is an excellent timber
proposition.
one half mile of the Chesapeake and
! Ohio Railway and within about five
miles of the Norfolk and Western Rail
way, connecting with all important
markets for the products OF these
\ lands.
subjects for investment or develop.
ment In this section of Virginia
/ TERMS OF SALE: One-third cash,
and the residue in two equal deferred
4 annual instruments, maturing at ons
and two years from day Of sale, tn.
deferred instruments to oe evideaesS
L
! bearing interest at the rate of per
centum per annum from date Of sale;
and title to the. property to be retained
Luntil all of the purchase money is
paid. but with tho right to the pur..
chaser to anticipate the payment OF
the deferred instalments by paying
| said receiver the same. with accrued
interest, to the data of such payment.
Parties desiring to bid at the sale
will be required to furnish receiver
With certificate from Dun's or Brad
streets. or other reliable commercial
agency. or from a reliable bank or
banking institution, or other proof
satisfactory to receiver, showing finan.
cial ability to comply with terms of
sale. This is also required of indors-
ers on the purchase notes.
Parties interested are invited to ex-
anime the properties. If they wlshy
and competent guides can be secured
for reasonable compensation.
For any further information, address
P V. & j. P. Jones. Attorneys. New
\. P. JONES.