The herald and news. [volume] (Newberry S.C.) 1903-1937, 1910-12-30

NEW 1Olh, SUE GSeuIo LII lue OA1I0o
States.
Remember the name-Doan's- and
take no other.
STATE OF SOUTH CAROLINA,
COUNTY OF NEWBERRY.
COURT OF COMMON PLEAS.
South Carolina Loan and Trust Com
pany as trustee and in its own right,
Palintiff,
Against
Ashley Manufacturing Company, Geo.
S. Mower as trustee, the Peoples
National Bank Of Prosperity, S. c..
Raleigh Cotton Mills, Tryon Paper
Box. Company, and Geo. D. Mayo
Machine Company, Defendants.
By virtue of an order of the Court
herein I will sell to the highest bid
der before the Court House at New
berry, S. c., Monday, salesday, January
2, 1910, within the legal hours of sale.
All those two parcels, tracts and
pieces of land lying and being situate
in the Town Of Newberry, State of
South Carolina, containing thirteen
(13) acres, more or less, bounded and
described as follows:
The said two tract sare continuous
and are bounded by Scott Creek, in
cluding one-half thereof, by lands Of
Theodore Johnstone. by land formerly
of T. Q. Boozer, and by Caldwell street
or road leading from the Town of New
berry by the dairy farm, now owned
by Silas ]. Mclaughlin, and by the
street on the west intersecting said
Caldwell street, Or road yin front Of
Tabor Hills home place, and leading
into town, by lands formerly Of Will
liam Langford, together with the right
given the Newberry Knitting Mill in
the deed to it by A. G. Johnstone and
Burr H. .Johnstone, as executors OF
Silas tombstone, deceased, dated oc-
tober 8, 1900, and recorded in Book
10, pages III to. 179, that is to say, the
right to abut against and erect dam
upon the opposite bank of Scott's
creek at any point thereon opposite
any of the land hereby conveyed, which
borders upon said creek, with the fur
rher right to build, any masonry or
other structure upon the said opposite
bank that may be necessary in the
erection of said dam, the dam not to
be higher, than the banks Of
said creek, also all machin-
cry, buildings and other property and
franchises of Ashley Manufacturing
Company, the real estate hereby mort
gagged is the property conveyed to
Ashley manufacturing company by D.
F. Wright on the 26th day of May,
1906.
Terms of sale: The purchaser shall
be required to pay one-third of the
purchase price in cash and secure the
balance by his bond and mortgage of
the premises sold, payable in one and
two equal annual installments, with
interest from day of sale payable an
nually until the whole debt shall have
been paid, the bond and mortgage to
contain a stipulation requiring the
payment of 10 per cent as attorneys
fee if it is placed in the hands Of an
attorney for collection, or collected by
suit, and the mortgage to contain a
stipulation requiring the mortgagor to
carry insurance on the buildings to
the amount of $4,000 dollars and as
sign the same to the master as col
lateral with leave to the purchaser to
anticipate payments Of the credit por-
ton Of the purchase price in VII ole or
in part. The purchaser shall be re-
quired to pay five hundred ($500) dol
lars in cash when his bid is accepted,
and upon his. failure to do so the prop
erty shall be Immediately resold on
the terms above fixed. Purchaser to
pay for papers and recording same.
IF fha D11rchaser fails TO complv with
the terms of sale, the property Will be
resoId at his risk on the next sales
day, or some convenient salesdSy
thereafter.
H e. RIKARD,
Master for Newber1y County, S. G..
November %, 1910.