The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1916-03-14
Receivers Sale

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By virtue of an order of the United States
bearing date the third day Of January, A. d. |
1916 am directed to offer at
PUBLIC SALE
On the premises at Florence, N. J.
SATURDAY. APRIL 9th, 1916
at IL O'Clock in the forenoon
All the hereinafter described property and |
business of
THE FLORENCE IRON WORKS
Consisting Of real estate, buildings, fx-
lures, machinery, tools, equipment materials
ana suppnes; including the manufactured
gether with the unfinished contracts, the
whole constituting going plant and bnsi-
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 la nd
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 railroad leading from Florence STATEN
of the plant of the Company. Along the
| river iront Is wharf at which ocean going
vessels are loaded.
SHOPS AND BUILDINGS are large, COM
modious, and well suited for the business
The foundTies have capacity OF 10000 gross
tons OF pipe and fittings p year; the hydrant
foundry and the brass foundry and machine
shops have capacity of 5000 hydrants and
1900 valves per year.
THE BUILDINGS are well equipped with
machinery, patterns, fixtures, cranes and
other apparatus for the manufacture Of cast
Iron pipe up to SO inches diameter and for at
tings up to As inches diameter; hydrants up TO
lnches diameter and valves up to 80 inches
diameter.
THE PLANT is operated by gas engines,
lses by the Company.
THE BUSINESS OF the Company consists
castings fire hydrants and valves. The
buildings can readily be fitted for the manu-
facture Of other products.
manufacture, with the finished product and
luncompleted orders. Will be sold with the
above land, buildings and machinery, in one
The purchaser shall assume all contracts of
the receiver for 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
hold the receiver harmless therefrOm.
THE PLANTS now running full and will
pc soid as going concern. Including all
nx .,u,s machinery, tools. equipment. ma.
terlals and supplies, horses, carts, &c used
RAILROAD sIDINGs and tracks about
The Company owns two switching eneines.
Two locomotive cranes Zone new, one cleo
hydra1ic cranes for ioadgne crane hs ana three
sututlng parrof the plant and to be sold with
THE STAND PIPE AND PUMPS that sun
ply the town with water as well as the plant,
are located on above premises and are oper-
dsCu WIN inc pAauts ana VIII pc 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 business of about $50 900 q
year; stock in store was inventoried at
1913 IS; the stock has been kept up by the
There is a building on the premises which
with It's machinery Is rented to q good tenant
under long lease as THREAD MILL.
Florence Iron Wor ks is situate on the Della
ware river about midway between Philadel-
phla and Trenton. in community where
there is an abundant supply OF both skilled
and unskilled 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 q certified
check for $4,000 to be forfeited If the pur-
cnaaser neglects or refuses to comply with all
the conditions of sale, but TO be considered as
part OF the purchase price II the sale is CON
hrmed by the court, or to be returned II til
sale is not confirmed by the court
Other conditions at sale,