The Pickens sentinel. (Pickens, S.C.) 1911-2016, 1912-04-11
Notice of Trustees Sale of Lib
erty Cotton Mills, Of Liber.
ty, Pickens Co., S. C.

Notice is hereby given. That the
undersigned trustees, under power and
direction of resolutions adopted by the
stockholders of Liberty cotton mills. a
at meeting held on the
sixteenth day of February, 1912. ard
also under aud oy virtue Of the powers
contained in certain deed of trust or
morts age, executed by said Liberty
cotton mills on the first day of June,
1909. and recorded in the office of the
Clerk of Court and Register of Mense
conyeyances for Pickens County,
South Carolina, in real estate mortgage
book Y at pages l40 to l65 inclusive,
and in chattel morl gage book I, pages
2s9 10 321 inclusive, said mortgage or
deed of trust being given to secure the
issu.. of bonds therein mentioned, de-
fault having occurred under the pro-
visions of said instrument, and after de-
fault the amount due having been ac-
knowleGged and consented to in writ
ing by the said Liberty cotton mills,
and said instrument of writing having
been recorded as provided by law, will
sell at public outcry to the highest bid
der. in accordance with the terms and
provisions of the said deed of trust or
mortgage. in front o. the cfhce of Lib
erty cotton mills, at Liberty, in the
county of Pickens, State of South Caro-
lima, at two O'Clock p. m. on the 7th
day of May, 1919. all the property de-
scribed and embraced in the aforesaid
deed of trust or mortgage, to-wit: All
that trac, or parcel of land, containing
seventy-eight and 72-lt0 (IS.72) acres,
more or less, situate in the town of Lib
erty, in the county of Pickens. South
Carolina, which was conveyed 10 said
Liberty cotton mills in five different
lots or parcels, as follows: one by j P.
Smith, by deed dated September 6,
1900, and recorded in the Office of the
clerk of court and Register Of Mense
conveyarces in Pickens county, South
carolina, in volume w at page 2S4: one
by NJ. 0. Jennings, by deed dated Sep
tember 6. 1900, and recorded in said
office in volume W at page 2s5, one by
NJ. ~. Bogg5, by deed dated June 1901.
and recorded in the aforesaid Office in
volume X at page 1852: one by Job F..
Smith, by deed dated May 81, 1901. and
recorded in said office in volume K at
page 2e3: and one by J. F. Jennings. By
deed dated September 80, 1901, and re
corded in said Office in volume x at page
1873: on which said lands are located the
Liberty cotton mills buildings and ma
chinery, and also its forty-two cottages,
it's frame Office building, and its one
story school and chapel building. also
the entire textile machinery of every
description located in the cotton mills
buildings OH the above described prem
ises. ana comprising l1e4O spindles. 800
40" Mason looms (56 thereof with sateen
attachmert) and al:o boilers, pumps,
corliss engine. generator. lathe. gear
cutter, drill press, electric engine, etc.,
and including, also. all auxiliary ma
chine,v, mill fiixtr:r and all OH, at
tachm. nts ard aux liiaries, used in cor
nection with SAD plant: also. all office
furniture ami fixtures and other proper
tv Of whatever description embraced in
said deed Of trust or mortgage. Also.
all notes. accounts, books of account
and chooses in action belonging to said
Liberty cotton mills. Said property
will we sold as an entirety. This sale
will embrace al; the property of the
Liberty colt II NILS excepting only
that covered by the chattel mortgage to
Wellington, Sears and company. ad-
vertisenent of which will be found
elsewhere in this newspaper. Said sale
is made in order to enforce payment
Of the principal and interest on the
bonds secured by said deed of trust or
mortgage, together with all taxes and
disbursements incident to the preserva-
ton and protection of said property,
expenses, fees, and commissions, as pro-
vided for in the aforesaid instrument.
This property is desirably located on
the nam line Of the Southern railway,
in progressive and healthy communi
ty, and is favorable location both in
matter of procuring labor and supplies.
Prospective purchases may inspect the
property and premises at any time by
apply ing to the superintendent in charge.
All bidders, before the sale begins, will
be required TO desposit with the under
signed a certified check in the sum of
five thousand dollars (S5,O0O.OO) to
guarantee bids, such check of the sue
ceSSful bidder to be retained until the
compliance with the terms of sale, one
halt to be paid in cash in thirty davs,
and the bala, ce in sixty DAYS, from the
date of sale. Purchaser TO pay extra
for all necessary deeds of conveyance,
Farmers Loan & Trust Co.
Anderson, S. c.
Trustee
By J. R. Vandiver,