The Polk County Republican. (Ducktown, Tenn.) 1914-191?, 1917-04-20

east six hundred ana ten Ieet distant lfOtn
an iron pin on said Tennessee POWer Com
pany's line. said TO contain LsV acres All
In section 2, Township z, Range 8 east oI
the basis line Of the OcOee District.
TRACT NO. PA strip one nundred feet
wide. situate In the County of fOiks State
Of Tennessee, beihg nifty feet on either sue
Of a center line, described according u a
survey made by j. u. White a Co., as IOl-
lows: Beginning at a point on the north
side OF OcOee river, on the line OF the Ten
nessee Power Company lands, said pO4ht
being north thirty seven degrees no NM
utes East three hundred and ten teet dis
tant frem an iron pin on said tennessee
Power Company's hue; thence north sew
six hundred and seYenry-three and four
tenths feet to an angle point; thence north
torty-nYe degrees no minutes west LIDO
tion and Section of Township 2, Range
3, East OF the basis line of the Ocoee Dls-
trict. said point being north twehly-two3
degrees, thirty minutes last five hundred
and thirty-four feet distant from the south
west corner Of Section Township Range
East of the basis line of the Ocoee Dls-
trict; thence on same course north forty
Ave degrees no minutes west 2,S4z feet TO
point on the line between the lands OF the
Crumley, said line being the north and
south center line of Section 3, and saId point
Eeing south twenty-five degrees thirty mln-
utes west 1856 feet distant from the north.
west corner of the southeast quarter of
Section 3, Township 2, Range hast vi the
basis line of the Ocoee District. Said to
CONTAIN LID acres.
TRACT NO. "a strip one hundred feet
wide,. situate in the County of Polk, State
of Tennessee, being fifty feet on either
side of a center line described according to
a survey made by ]. q. White X Co., as
follows: Beginning at point on the East
line of the southeast quarter of Section Z,
Township 2, Range East Of the basis line
of the OcOee District, said point beng
north twenty-five degrees no minutes East,
6S5S feet distant from the southeast corner
of said section z; thence South fifty four de-
tn f1a1A min MAJ
a point on the so 18th line of said Section Z,
said point being north siXty-hve degrees
west four hundred and twenty-slx and four
tenths feet distant from the southeast cor,
ner Of said Section Z. Said to contain 1.SS
acres.
bounded and described SIS follows: Com
nencing at the southwest corner OF the
northwest quarter of Section 3, township
g. Range East of the basis line of the
Ocoee District; thence north twenty-lour
degrees forty five minutes east 46.1 feet
along the line between the lands belonging
Der Company, said line being the west
boundary of Section 3; thence south forty
nine degrees three minutes East 1872 feet
along a line parallel to and fifty feet dis
tant from the center line of the Tennessee
Power Company's transmission line to
point ON the line between the lands of the
said Alaculsy Lumber Company and the
said ALBERT Crumley, said line being the
east and west center line of Section 3;
thence north along said lire sixty three de-
grees forty seven minutes west ll4.l feet TO
the point of beginning. To contain OOS
All in Section Township 2. Range 8,
East of the basis line of the Ocoee Ihstrlct.
There is also included In the property or
dered to be sold, the following TIMBER
namely:
All Of the timber and any rights in re-
spect thereto which the Conasauga Lumber
Company may have had therein, IN Sec
tons l, Pa, 10, II; II fractional Section
/ South in Range East of the basis line
In the Ocoee District in Polk County in the
State of Tennessee together with any ana
all mineral and mining privileges which the
said Conasauga Lumber Company had IN
and to said sections on November 4th, 1911,
anG which (hauacey b. Benedict had on
November 9th, 1911.
The said properties are by each of the
said DEGREES directed to be offered and VIII
be offered by sale as follows:
The said lands, premises, timber ana tlm-
Der rights and other property ana rlgnts'
will be offered in one parcel as an entirety.
No bid will he received unless the bidder
shall deposit with the Special Master, at or
prior to the time of making such Dld, as
pledge that he will make good his bid in
case of Its acceptance, the sum OF ten per
cent. (109o) of the amount of the DID, III
cash or by certified check upon any bank
or trust company, acceptable to the Special
Master, or by depositing bonds secured Dy
SAlu urSL uoltBdSe AZ LHC PlAnNiPoA ahos
of twenty-five (25) per cent. OF the amount
of the bid, or a certificate of deposit rep
resenting the same. The Special Master
may, In his discretion, accept temporarily,
instead of bonds and coupons, the ceftin-
cate or certificates of the Security Trust
Company, of Detroit, Michigan, or any
other Trust Company which he may APP
prove, stating that 1t holds first mortgage
Bonds and coupons issued under said first
mortgage of the defendant Alaculsy Lum-
Der Company subject to the order of the
Special Master and will deliver the same
to him upon demand for cancellation or
other disposition according to the terms OF
the DEGREES.
In case eny bidder or purchaser shall fail
to make good his bid upon its acceptance
by the said Master and confirmation by the
Court by making the additional payments
hereinbefore mentioned in contamination OF
his purchase, then the sums paid or depos-
tied by such bidder or purchaser snail DC
forfeited as a penalty for such failure ana
shall be applied toward the payment OF the
expenses Of resale and toward making
good any deficiency or loss In case the prop
erty shall be sold at less price upon sucn
resale and for any other or further pur-
poses which the Court may direct.
In case the bid in question Is not sue
cessful or the sale in question shall not be
confirmed by the Court, such deposit or
portion of the purchase price shall be re-
turned to the bidder and the deposit OF any
unsuccessful bidder shall be returned to him
when a bid other than that made by him
shall be accepted.
The Court reserves the right to resell the
property In respect of which the bid shall
have been made, or any part thereof, upon UPON
the failure of the purchaser to comply with
any order Of the Court as to payment or the
remainder Of the purchase price, or any
part thereof There shall be paid In cash,