The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1922-02-17

Same belonging and being the Same
premises conveyed to Robert Clements
and Edith Clements. his wife, by the
Northwestern Elevator and Mil Company
on September 18th. 1917, and recorded In
Deed Book 1877 at page fi2 OF Knox coun-
ty Record Of Deeds.
Saving. and excepting from the above
thereof lying west OF the eastern part
Of the channel Of Owl Creek. known as
'"rhe Island" containing 4.0i acres.
more more or less; heretofore ,.n conveyed by
Sharp, by deed dated January 10Th, 1881.
and recorded In Volume 70 at page 90 of
the Deed Record OF Knox County, to
which reference Is hereby had.
The fee to said premises described In
this item, being now vested in Fred w.
kahrl as Trustee. he being the Trustee
for the Mount Vernon Chamber OF Com
merce; The Knox Tire and Rubber Com
pany having an equity in said premises
under and by virtue OF certain con-
by and between b. E. Frantz. f. Scott
Cannell, V. V. Henderson,, T.. ID. Spen-
Ger and c. B. Carpenter, parties of the
first part and the Mount Vernon Cham
ber OF Commerce, OF Mt. Vernon, Ohio,
parties of the second part, by the terms
OF which said parties OF the first part
were to organize a corporation under the
| name Of The Knox Tire and Rubber Com
pany. to complete factory buildings for
the production OF rubber products, upon
the premises and upon operating said
TuDDtT factory LOT tHe period or one year
| from the date of its completion. with an
average of fifty employees Tor each work.
ing day during said year and upon COM
plying with said conditions, the said
Fred w. kahrl as such Trustee to con-
yey to said premises to said The Knox
| Tire and Rubber Company by good
and sufficient deed. clear and free of all
| encumberances.
| gether with all machinery and equip
| ment therein, including said equity, ap-
praised at $209,972.00.
| The real estate and equity described
IN items one and two above being all of
| the real estate owned by The Knox Tire
| and Rubber Company at the time of its
being adjudicated bankrupt.
ITEM THREE
Consisting of raw material located in
the factory building mentioned in item
two and consisting of fabric, crude rub
Der and compound and being all of the
raw material located therein. Appraised
| at 81, 5000.
ITEM FOUR
Being all the miscellaneous shop sup
| plies, located in the factory building,
power house and warehouse, upon the
premises described in item two, consist
ing OF gauges, valves and other small
tools and supplies, not attached to the
machinery therein. Appraised at 10000
i ITEM FIVE
Being all OF the Office equipment and
supplies located in the buildings men
toned in item two and three in the of
flee of The Knox Tire and Rubber Com.
pany. in Mt. Vernon, Ohio. and being all
OF the Office equipment. fureture and
supplies owned by The Knox Tire and
Rubber Company at the time OF its be-
ing adjudicated a bankrupt, a list OF
which Is on file in the office of the Trus-
tee in Bankruptcy, as well as on file
with Honorable K. NJ. Greer. Referee
the same being subject to inspection OF
prospective bidders. Appraised at s., 13i
~. Also included in said sale
all patents or rights to the use
of patents owned by the said The Knos
Tire and Rubber Company, as well as
the. right to use said corporate name
said premises being sold free OF any ant
, all liens held thereon by Edward Elforc
and The Grinnell Company Incorporated
and said sale passing to the purchaser
the equity as well as all rights and bene
fits Of The Knox Tire and Rubber Com
pany by virtue of the conditions of til,
contract mentioned and described il
item two above.
Terms of sale cash.
PAUL NJ. ASHBAUGH
Trustee.
1-2s;2-2,9,1s.