TRUSTEE’S SALE OF ORE BANK IN OPERATION ORE RIGHT & RAILROAD SIDING Saturday December 29, 1894 At the Court-house in Charles Town, Jefferson county, West Virginia, at 1 o’clock, P. M.
WHEREAS, Thos. W. Ahl by mortgage and deed of trust, dated June 22, 18[?]8, recorded June 22, 1888 in Liber N. 99, Folio 65, etc., one of the land records of Washington county, Maryland, and on June 23, 1888, in the Clerk’s office of the County Court of Jefferson County, West Virginia, conveyed certain lands to John Hays, Trustee, among which were the following lands, situate, lying and being in Jefferson county in the State of West Virginia, called the VIRGINIA ORE BANK, and described as follows: Beginning for the same at a stone planted at the end of 28 6-10 perches in the north 75 degrees west 257 perches line of a tract or parcel of land belonging to Robert A. Duke, the same being a corner of a tract of land owned by General Mohler and running with and bordering on said Mohler’s land the four following courses and distances, to-wit: North Thirteen and one-half degrees, east forty-three and one-fourth perches to a stone on the west side of the public road leading from Harper’s Ferry through the lands of the said Robert A. Duke and General Moler, thence north twenty-five and one-half degrees, east twenty-seven and two-tenths perches to a stone in said road, thence north seventeen and one half degrees, east sixteen and two-tenths perches to a stone on the east margin of said road, thence north eighty-four degrees east eighty-seven perches to the Potomac River, thence down said river following the meanders thereof until it intersects the north 51 1/2 degrees west 104 6-10 perches line of said Robert A. Duke’s land, thence with said line north fifty-four and one-half degrees west one hundred and four and six-tenths perches to a stone at the end thereof, thence north thirty-one degrees, east fourteen perches to a stone near a bound tree, thence north seventy-five and one-half degrees, west twenty-eight and six-tenths perches to the beginning, containing NINETY ACRES OF LAND, more or less. Also the right to dig iron ore upon a tract of about SIXTEEN HUNDRED ACRES situated in Jefferson county, West Virginia, bordering on the Potomac River and known as Friends Ore Bank, acquired from Henry Lee and others by deed dated May 8, 1800, and also the one-half acre of land described in said deed, to secure payment of 32 bonds, numbered consecutively from 1 up to 32, both inclusive, each in the sum of $1,000, payable to W. F. Sadler, or bearer, at the Carlisle Deposit Bank, in Carlisle, Pa., as follows, to-wit: bonds 1 to 4, on April 1, 1891; bonds 5 to 8, on April 1, 1892, bonds 9 to 12, on April 1, 1893; bonds 13 to 16, on April 1, 1894; bonds 17 to 20, on April 1, 1895; bonds 21 to 24, on April 1, 1896; bonds 25 to 28, on April 1, 1897; bonds 29 to 32, on April 1, 1888, with interest on each bond from April 1, 1888, at the rate of 6 per cent, per annum, payable semi-annually, at said bank on presentation of the proper coupon therefor attached to said bonds, with covenants upon default upon the payment for the ninety days of annual interest or of the principal of any or all of said bonds, after such interest or principal shall have become payable, according to the terms hereinbefore set forth, it shall be lawful for the said Trustee, and it is hereby made his duty upon the request, in writing, of the said W. F. Sadler, or any one that may then be entitled to such interest or principal, and upon the production of the coupons for such interest or of the bonds upon which default in payment, as aforesaid, has been made, upon demand therefor at the place of payment, as aforesaid, with due certificate of notice of protest for such said [?]onpayments, to sell any or all of said properties, and he is hereby expressly authorized and empowered so to do at public sale upon such terms as shall by him be deemed best, after first advertising the time, place and terms of sale for three consecutive weeks in one or more newspapers published in Jefferson county, West Virginia, as to the laud therein situated, and by such other advertisement and notice as he may deem advisable; and, whereas, The Hagerstown Bank, of Hagerstown, Maryland, the holder of ten of the said bonds, two of which were due and payable April 1, 1894, has requested, in writing, duly sealed and recorded, the said Trustee to advertise and sell the lands secured by said mortgage, so far the same remains unsold, and has produced the two bonds due on April 1, 1894, and the coupons on ten bonds, payable on April 1, 1894, and exhibited the same to the said Trustee, with due certificate of notice of protest for the non-payment thereon, and said default in payment having continued for more than ninety days. Now, THEREFORE, I, John Hays, Trustee, as aforesaid, hereby advertise for sale, and will sell at public sale, at the Court-house in Charles Town, Jefferson county, West Virginia, under the power of sale in said mortgage or deed of trust contained, on the day and at the hour first above set forth, all the real estate described and situated in Jefferson county, West Virginia, being that above described, together with a Railroad Siding connecting the Ore Bank on said lands with the Baltimore & Ohio Railroad.
TERMS OF SALE. — Ten per cent of the purchase money to be paid when the property is stricken off; the balance of one-third on January 1, 1895, and the remainder in two equal annual payments on January 1, 1896 and 1897, with interest from January 1, 1895 payable semi-annually and to be secured satisfactorily to the vendor. Possession will be given on January 1, 1895, upon compliance with the terms.
JOHN HAYS, Trustee, De. 11, 1894—3t.
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