Rockingham post-dispatch. [volume] (Rockingham, N.C.) 1917-1965, 1918-02-28
1924 Acres of Richmond
County Land at Auction.

In accordance with resolutions passed
| by the Board of Directors and endorsed
by the Stockholders of the Pegram Farm
and Lumber Company at their meeting
for the year 1917, said resolutions having
as their object dissolution of said
company, the said company will at IL
O'Clock M. on Monday, the LIST day of
| April, 1918, at the court house door in
Rockingham, N. c., expose to sale at
public auction to the highest bidder, the
following named parts of its lands, lying
and being in the northeastern portion of
Richmond County, N. c., including its
home tract cultivated land at Mcleod
siding on the Norfolk Southern Railway,
and being described and as follows:
1st or home tract, adjoined on the
north by the lands of Alex Baucom, H.
NJ Baucom. Ledbetter & Morrison ID.
M. estate,) E. M. Rhyme, G. F. Hunney-
cult, Stoe Russell, H. A. Rankin and
others; on the east by the sand clay road
running direct from Rockingham, via
Gibson's Mill to Jackson Springs said
road dividing this tract to be sold from
the Leak Everett Land Cos. large tract;
on the south by the lands. of the said
Leak Everett Land Co.. A. D. Mclean,
- Thompson, B. F. Reynolds Dan
Mcqueen, cold and others, and on the
west by the Norfolk Southern railroad,
which divides this tract from that of j.
M. Carriker, this tract containing 2447
acres embracing Mcleod siding on the
N. S. right of way, is traversed by and
sold subject to a small right of way of
the Yadkin Power Cos. hydro-electric
line, has on it or 5 tenant houses, rang
ing from to 6 rooms each, and with
outhouses each----all in good repairs, has
about 100 acres in cultivation, IS more
cleared and to be cultivated the present
year, and about so acres two thirds clear
ed.
I'd tract, lying on both sides of the
| Norfolk Southern railway at an average
of about IL miles from Ellerbe, N c.,
and is adjoined on the north by the lands
of T. c. Leak, ]. NJ Carriker and Dan
Mcqueen, Cold; on the east by the lands
of B. F. Reynolds and others; on the
south by the lands of Barney Allen and
Others and on the west by the lands of
T. c. Leak, w. F. Norman and others,
containing ASH acres including about 30
acres of cleared and cultivated lands.
Sd tract, on the north by the lands of
]. c. McFayden and others; on the east
by the lands of Alex Baucom and others:
on the south by the land of Alex Baucom
and others and on the west by the Nc
Fadgen lands, containing las acres, being
all woodland and being in about one mile
of Mcleod Siding, and three miles of
Norman on the Norfolk Southern Ry.
4th tract, lying near Naked creek, adj
joined on the north (northeast) by the
lands of ]. c. McKinnon and others; on
the east by the lands of J. N. Hasty
formerly J. Lonnie Helms,) Lonnie Nc
Queen, R. w. Sheriff., Alex Thompson
and others; on the south by the lands of
Alex Thompson, Morrison and Ledbetter
and others, and on the west by the lands
of Morrison and Ledbetter, R. 7. Poole
and others, being about all woodland,
and containing about 1876 acres, and to
be sold subject to survey.
The above tracts, all either contiguous.
or nearly so, will be sold as whole, and
will be sold subject to leases of the Gull
tivated lands, made for the present farm
year, purchaser to get the rents.
/ Terms of sale, one third cash, remain
der to be secured by trust deed on the
lands, payable in two equal annual in
stallments, bearing interest from day Of
sale, at the rate of 6 per cent per annum,
due and payable annually.
| The lands will be sold rain or shine,
the sale will not be recalled, and will not
lie open for raised bids.
| A blue print will be forwarded to any
interested upon application to the presi-
. dent or secretary.
This February rs, 1918.
Pegram Farm & Lumber Company
II BY w. S. Lee, Prest, Monroe, N. C.
Frank Arnfeld, Secretary,