The Birmingham age-herald., 1914-05-02
LEGAL NOTICES

l ham Oil company at par value and in
 terest accrued 10 date of settlement or the extent to which said indebtedness
 would share in the general distribution of the net proceeds of any such sale, | in lieu of cash.
 | Terms of sale: As evidence of good
 faith, each bidder will be required to 1 deposit at the time of sale in cash
 or certified checks evidence of in- debtedness owing to creditors by the | company ten per cent G0 per cent1 of his bid or bids. remainder payable as l follows: Personal property, in cash on delivery; real estate and improvements 1 in cash or at purchasers option. one | third t1-3) including deposit) in cash on delivery of title papers. two thirds I (2-3) in one year; all deferred pay ments to bear interest at the rate of $ per cent per annum from date of sale, payable semi annually, until paid. and payable at purchasers option at any l time prior to maturity.
 | All deferred payments are to be se- cured by purchase lien notes in case of real estate, buildings. machinery, etc, and by other sa 1sfactory secur- l fly and of such form and substance as may be satisfactory to sellers.
 1 A continuous default for 30 days In l the payment of any installment of prin- 1 cipal or interest shall render all in debtedness of the person in default i lmmeulat telN que ana pdNaDle.
 | Additional detailed information re- garding the assets to be sold will be furnished to interested prospective buy CTS upon application to the officers or the company.
 As divided into parcels the property to he sold is as follows.
 BIRMINGHAM REAL ESTATE. beginning at a point where the cas-. boundary line of the Louisville and Nash vile right pf ba boundary line of the G. P. railway righ. of way; thence along the south boundary line of the G. P railway right of way south seventy G0) deg.ees, east a dis tance of tweve hundred and twenty Q220) feet more or less to G<ing Land & Im- pi evement CoD boundary line; thence three t3) minutes and twenty-one (2D seconds south four hundred twenty-five ts5) feet thence north eeventy-four (74) ce grecs, west twelve huhared and twenty five 0225) feet more less to the Louis- Vile and Nashville railway right of way at point three hundred and ten (310) feet south of point of beginning; thence north one 0) degree three t3) minutes, north along said Louisville and Nashville right of way three hundred and ten (310) fc ct to point of beginning. in all ten acres of land more or less situated in the east F of the southwest i4 and west F of the southeast 4 of section 1e. township r.
  bama. including all buildings and ma chinery located thereon comprising a con- rlete three press cotton seed oil mill; buildings consisting of seed house, mill building. engine room, boiler room, two storage houses, office. stable, Inter shed, shed over oil tanks hydrant houses and fences; mill including three presses, seven carver linters. boilers. engines, pumps, seed cleaning machinery, cookers, sub heater. cake former, cake breaker, attri- ticn mill. double huling outfit, and all belts, shafting, pulleys. conveyors and at- tachments usual and customary and be- longing to the. mill.
 CLANTON GIN.
 2. Being certain tracts of land situated in the city of Clanton. county of Chil- ton. state of Alabama, bounded and de. scribed follows:
 Beginning at a point on the west side of 7th street. or the Clanton x Jemison road. and north of 4th avenue where the scIth line of Lille l. stewards lot crosses said west line of, 7th street. being also point in the line of the lots now owned by the estate or Samuel Adams, deceased thence running in northwest erly direction along the west line of said ith street two hundred. and twenty-five t2,so feet: thence in westerly direction, right angles to said 7th street, one hum dsed and fifty u50) feet to the right of way of the Louisville and Nashville rail- road; thence in southely direction along the easterly line of said right of way of the Louisville and Nashville railroad two hundred (20W feet to the south line of i.ll)ie l.. Stewards lot, if said line was extended due west: thence due east one hundred and seyenty-fve 115) feet along said line to the west line of 7th street to point of beginning, containing approx irlately thirty-six thousand four hundred and 1fty-two and five-tenths (s6452 3 square feet or eighty-three hundredths (s5) acres of land more or less, on which is located the buildings and machinery known as Clanton gin. consisting of gin- nery, engine rooms, bagging and storage room. storage unloading shed, boiler room, sta ble, cotton seed storage seed house ard office, electric light system, steam car plant, office furnishing and equip Dfpf fWo UaJIc xritb Morab S<oovo 1oon