The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1916-04-04
Receivers Sale

SnIOHUnEs hPAlL QlH, 1910
at II o'clock IN the forenoon
An the hereinafter described property and
THE FLORENCE IRON WORKS
Consisting of real estate, buildings FIX
lures, machinery, tools, equipm emit materials
and supplies; Including the manufactured
product and in process of manufacture to-
gether with the unfinished contracts, the
whole constituting a going plant and bust
ness, the operations and business having
been continued and new contracts taken by
the Receiver, under orders of the Court.
THE REAL ESTATE, on which the plant of
the company Is situate and the business is
conducted. consists of about 80 acres of land
fronting on the Delaware river at Florence,
N. j., together with the Company's right
title and interest in and to the right of way
to a railroad leading from Florence Statien
OF the plant of the Company. Along the
river front is wharf at which ocean going
vessels are loaded.
SHOPS AND BUILDINGS are large, COM
mod1ous, and well suited for the business.
The foundTies have capacity of 10000 gross
IONS OF pipe and fittings year; the hydrant
foundry and the brass foundry and machine
shops have capacity of 5000 MIGRANTS and
S,9OO valves per year.
TIE BUILDINGS are well equipped with
machinery, patterns, fixtures, cranes and
other apparatus for the manufacture of cast
IRON pipe up TO Ut inches diameter and for fit
Ilngs up to 46 inches diameter; hydrants up to
3 81 incnes diameter and valves up to 30 inches
THE PLANT is operated by gas engines,
running on gas manufactured on the prem
lSes by the Company.
III BUSIN ESS of the Company consists
In the manufacture of cast iron pipe speciaI
castings, fire hydrants and valves. The
Dulidlngs can readily be fitted for the manu-
facture of other products.
MATERIAL ON HAND and in process or
manufacture, with the finished product and
uncompleted orders. will be sold with the
parcel
The purchaser shall assume all contracts OF
the receiver far material and supplies not
yet delivered as well as the performance OF
all contracts made by the receiver for the
manufactured product of said plant and
h0id the receiver harmless therefr0m.
THE PLANT is now running full and will
&c sold as going concern. Including all
Mixtures, machinery, tools, equipment ma
teriais and supplies, horses, carts, &c, used
In : connection On with ITS operations.
milesl IN the above yard of the Company.
The Company owns two switching engines.
TWO locomotive cranes tone new, one cleo
trically operated loading crane, and three
hydraulic cranes for loading the above CON
shutting part of the plant and to be sold with
THE STAND PIPE AND PUMPS that sup
ply the town With water as well as the plant,
are located on above premises and are oper-
ateo Wit the plant, ald will be sold as part
OF the plant including the pipes In the
streets
FOUNDRY STORE, ice house and stable
and fixtures, horses and wagons and stock.
The store is doing a business of about $50 600 a
year; stock in store was inventoried at
$5,7 90; the stock has been kept up by the
receiver.
There is building on the premises which
with Its machinery is rented to a good tenant
under long lease as a THREAD MILL.
Florence Iron Works is situate ON the Della
ware river. about midway between Philadel-
Pma and Trenton, In community where
there Is an abundant supply of both skilled
andIunskilled labor suitable for the operation
of the plant.
The above property and business is offered
for sale free of all encumbrances as one par
eel
CONDITIONS
If sold separate from the other real estate
described below the highest bidder Will be re-
CURED to deposit with the receiver certified
chefk for $4,000 to be forfeited IL the pur-
chaAser neglects or refuses TO comply with all
the conditions of sale. but TO be considered as
part OF the purchase price If the sale is con-
hrmed by the court, or to be returned If the
sale is not confirmed by the court.