Milford chronicle., 1958-08-15


The First National Bank and Trust
Company of Milford, Delaware, on
WEDNESDAY,, AUGUST 9th, 1858
AT 300 O'CLOCK p. M.
Daylight Saving Time
the following described Real Estate,
ALL that certain lot, piece or par
eel of land and premises, situated, ly-
ing and being on the west side of
South Walnut Street in the City of
Milford, Sussex County, Delaware,
thereon, described as follows, to witt
BEGINNING at a corner of the lot
herein conveyed and lot of Samuel c..
Evans, Jr. heirs and running. thence
southerly with the west line of said
South Walnut Street, Twenty-one and
twenty-five and one-half hundredths
(21. .2212) feet to a corner of lot form
erly of Harry j. Pettyjohn now Brown
P. Thawley in the west line of said
South Walnut Street, thence running
brick partition wall along and with
the line of lands of said Brown p.
Thawley One Hundred Fifteen (115)
feet to lands now or formerly of
Charles d. Abbott and Charles H. Alb
bott, thence northerly with said Alb
bolts line Twenty-one and twenty
two and one-half hundredths (21.221a)
feet to line of lands of Samuel c. EV-
ans, Jr. heirs, thence easterly with
the line of lands of Samuel G. Evans,
Jr. heirs with the middle of the brick
partition wall between the buildings
erected hereon and store building
erected on the lands of Samuel G.
Evans, Jr. heirs One Hundred Fifteen
(115) feet to the place of beginning,
be the contents what so ever they
may. Being the same land and prem
ises. conveyed to Thomas Davis by
deed of Harry ]. Pettyjohn ct al bear
ing date July 8, 1922, and of record
in the office for the Recording of
Deeds in and for Sussex County, Della
ware at Georgetown, in Deed Rec
ord p, G. p, Vol, 235, Page 155. and
And the said parties of the first part
do, also, hereby grant, bargain and
sch to the said party of the second
part and to his heirs and assigns, to
be used in connection with the lands
and premises hereby conveyed, right
of way of the width of ten (1O) feet,
lying in the rear of the lands and
premises hereby conveyed with full
and from said lands and premises
hereby conveyed to South Front Street
CWeSD."
This sale is conducted by the Exec
utorS under the powers conferred upon
them in the Will of the said Thomas
Davis, deces ed, appearing of records
in the Otnce of the Register of Wills
of Sussex County in Will Book A. u,
No. 46, at page $50, and in that con-
nection the Executors herebE repre-
sent that they have decided that it
will be for the best interests of the
said estate, and it will also aid i'm
effecting equitable distribution of the
proceeds of said estate, for the Ex-
ecutors to sell the above described
real estate.
SPECIAL NOTICE
Mr.. Davis, the decedent, on the 18th
of June, 1850, leased these premises to
Emanuel Barros or his assigns. at an
annual rental of 50, 100, payable month
ly in advance. The lease may be ter
minated by the tenant at any time on
ninety 600 days notice, but if not so
terminated by the tenant, it will not
expire under its own terms until the
30th day of June, 1870.
One clause of the said lease gives
the lessee, Mr.. BarroS, an option to
purchase the property at the same
price that will be Offered by any
third party. Under the burden of
this clause, therefore, the Executors
must have this property struck off at
public auction and, on advice of coun-
sci, they will thereupon give notice to
Mr.. BarroS that he shall have an op-
portunity to purchase the said prem
ises at the highest price bid at the
sale, provided he settles for it by the
5th day of Sept, 1858, and if he does
not elect to take the property at that
price and settle for it by the date above
mentioned, the person at the auction
who bid the highest amount and made
the required down payment will get
the property under the terms of his
bid provided he settles for it within
twenty GOD days after receiving no
tice from the Executors that Mr. Bar
ros did not exercise his said option to
buy the property.
The lease with Mr. Barros NAV be
examined in the office of The First
National Bank and Trust Company, at
Milford, Delaware, during regular
banking hours at any time prior to the
sale.
TERMS: Twenty (2O9o) per cent of
the purchase money will be demanded
on the day of sale, and the purchaser
or purchasers shall pay the balance
of the purchase money to the UNDER
signed at the office of The First Ma
tional Bank and Trust Company of
Milford within twenty (20) days after
receiving from the Executors the no.
settlement shall be made and the deed
or deeds delivered. If the purchaser
or purchasers should fail to comply |
with these terms, the per centum paid /
on the day of sale will be forfeited
The purchaser or purchasers will be |
required to pay the costs and ex-
penses of the deed or dee ds, including
revenue stamps.
THE FIRST NATIONAL BANK |
AND TRUST COMPANY, a cor |
poration of the United States of |
America,
JEHU DAVIS,
Executors of the Estate of |
Thomas Davis, deceased.
G.. Walter DickerSon, Auctionear
Tunnen & Raysor