PAGE TWO
Zfyt Cljeroftcc S?cout
Th? Official Organ of Murphy and
CWok?? County, North Carolina
PUBUSHED E V EKTTRTD AY
C. W. BAILEY . . . Cditor Managoi
MRS. C. W. BAILEY, Aaaociato Ed
B. W. SIPE Aaaociato Ed
Entered in the postoffice at Murphy
North Carolina, as second class mail
matter under act of Mar. 3, 1S79.
Subacription Ratoa
One Year $1.5(1
Eight Mouths 1.0C
Six Months 76c
Payable Strictly In Advance
Legal advertisements, want ads,
reading notices, obituaries, cards of
thanks, etc, 5c line each insertion,
payable in advance. Display and contract
rates furnished on request.
All communications must be signed
by the writer, otherwise they will not
be accepted for publication. Name
of the writer will not be published unless
so specified, but we must have
the name of the author as evidence
of good faith.
NOTICE?SALE OF VALUABLE
PROPERTY UNDER EXECUTION
NORTH CAROLINA.
CHEROKEE COUNTY.
IN THE SUPERIOR COURT
I.ee W&tkins and C?. B. HoMitzell.
trading as Lee Watkins & Company,
Plaintiffs,
vs.
Valley River Trading Company. Defendant.
NOTICE OF EXECUTION SALE.
By virutue of an execution directed
to the undersigned from the Superior
Court of Cherokee County, N. c.. in
the above entitled action. 1 will, on
Tuesday, the 25th day of January.
1927, at ten o'clock A. M. < Murphy
time) at the courthouse door ?>f
Cherokee County. N. sell t?> the
i.;.1.1..- u i
execution, all the right, title ami interest
which the said Valley Ri\ er
Trading Company, the defendant, has
in the following described real estate
with its appurtenances and buildings,
etc., thereon situated. t??-\\ it.
beginning at a stake in the Westerly
boundary line of Whitaker line
and at the South rail of th-. Murphy
Division of the Southern Railway
track; thence with said South rail of
said track S. "?" 21' W. 2409.1 ft. to
a stake at the South rail of the Southern
Railway track in the Mast sole of
a line between the Mark I'uIlium and
Win. Bradley tracts, now owned by
the Carolina & (leorgia Railway
Company, and the John I'. Whitaker
tract now owned by the Valley River
Trading Company; thence with the
East side of said lane S.' 1.V E.
1017.1 ft. to a stake; thence N. ?:4
48' E. 1003 ft. to a stake in the
Western line of the H. N. Piercy tract
now owned by the Valley River Trading
Company; thence with the West
lino of the H. N. Piercy tract S. 3t"?
25" E. 927.4 ft. to a stake in the center
of the Taylor's Creek Road at the
S. W. corner of the ?uid 11. N. Piercey
tract and in the South boundary
line of State survey No. 28; thence
with the South boundary line of said
State survey and said 11. N. Piercy
tract N. 54* 1 *?' E. 380 ft. to a stake
in the S. W. Corner of the Quincey
Whitaker tract and the S. E. corner
of the 11. N. Piercy tract; thence with
the line between the said H. N". Piercy
tract and Quincey Whitakei tract N.
36* 25' W. 293 ft. to a stake on the
North Bank of a ditch, the N. W.
corner of said Quincey Whitaker
PwiuuihiT tract; inence wim saiu uitcn
and with the line between said Quincey
Whitaker tract and the tract of
land known iis the ffm. Newman
tract N. 81* 1* E. 2CG ft. to a stake;
thence with the North line ol a 20
foot alley as shown on map marked
"Valley River Trading Company.
We st Andrews, N. C., scale 1 in. loo
ft., Oct. 2nd. 1020" of record in the
office of the Register of Deeds in
Cherokee County, N. C., N. 54* 10'
E. 110 ft. to the S. W. corner of lot
No. 1 of block G of map above referred
to; thence with the West line
of block No. G N. 35* 30' W. 250 ft.
to the division line between lots Nos.
5 and G in block G as shown on said
map; thence with said divisional line
N. 54* 30' E. 140 ft. to the Westerly
boundary line of Snow Bird Ave., as
shown on said map; thence with the
Mothers soon leam t
of Dr. Caldwell's Sy
more to me than any othei
children love the taste of it an
has meant much to my girl wh
has taken it ever since a tiny b
v uk.J
Syrup Pepsin and just can't praisi
apoo request.)
Truly a Family il
Why ever be sick? Let Syrup P<
cause of roMs, coughs, fevers, b
stomach, sick headache. From t
to the infirmities of old age, I)
Pepsin has been the family saf
friends urge you from years of h
always keep Syrup Pepsin in the I
and nave it hardy, always. Sol
For a fro* trial bottlo Bond iuim
fjpom Syrop Ctmftmg. Mont
j said Westerly boundary line or" Snov
Bird Ave.. N. 3-"?' 30' W. 717 ttrt to ;
I stake in said line; thence N. .">4 30
, E. crossing Snow Bird Ave,, with th?
Northwesterly boundar> line of lo
No. 4 of block N I crossing a 2(
. I foot alley and with the N rthwestor
' ly boundary line of lot N . 4 of bloc!
No. 4 crossing a 20 f-. t alley ant
' with the Northwesterly boundary litu
. of lot No. 4 in block No. 2 .300 fee:
r to the Westerly boundai y line < i
( Whitaker lane: thence with >ak
boundary line of -aid Whitaker lam
N. 35* 30' W. approxii atelj 30 ft
I to the place of beginning, containing
53 acres, more or k-s.
Also following lot.- No.-. 1. 2. 3 am
). 4 in block No. 2: 3 ami 1 in bio* k N'?.
.? and lots Nos. 1. 2. 3. i, and 5 it
block No. 1 of Valley River Trading
: Company.
Together with all tenements, fac
torus, dwellings, and <-ther b hidings
structures, developments and inv
, proveinents situated on said land.
Excepted from the above de.-vribeti
premises is that portion sold by Valley
River Trading Company to Standard
Oil Co.. which conveyance i;
duly of record.
Bated December loth. ll?26.
I> M. BIRCHFIKI.l),
SherilT of Cherokee Count v. N. C.
121- lt-U)
NOTICE?SALE OF VALUABLE
REAL ESTATE UNDER
EXECUTION.
NORTH CARLO IN.4.
CHEROKEE COUNTY.
I.N I III*. M I't'.KlUK HM K I .
T. M. Worthcy, trading a- Worthey'>
ash Store. Plaintiff.
vs.
Carolina vV Georgia Railway ?'o.. Defendant.
NoTIt I. Ol EXECUTION SALE.
By virtue of an execution directed
to the undersigned from the Superior!
Court of Cherokee Count, N. C., in
the above entitled action, 1 will, on
Tuesday, the 3oth day of January,
!S?27. at 11:00 A. M. ' Murphy time?
at the court house door of said county
. sell to the highest bidder for cash
to satisfy said execution, all of the
right, title and interest, whieh the
said defendant, Carolina Georgia
Railway < ompany, ho- in the following
real estate, to-wit:
Beginning at a stake at the South
rail of the track of tin- Southern Kailwa).
being the N. E. corner of the
Mark Pullitjm tract of -s.47 acres
heretofoie conveye?l to the Graham
County Lumber Company by Mark
W. Pallium and tuns thence with the
.South rail of tie Southern Railway
S. 7 b -1' W . ft. t a stake at
the South rail of said Southern Railway
at the N. \V. corner -aid tract
of land conveyer! to tne Graham
County Lumber Company by Mark
Pullium; thence with the We.-terr line
of the Mark. Pullium tract S. 3.'< IV
K. passing the S. \V. corner of said
Mark Pallium's tract and the N. W.
corner of the tract of land conveyed
to said Graham County Lumber Company
by II. C. Whitaker at ft.
and continuing sanie course with the
Western line of said II. C. Whitaker
I tract whole distance 129S.4 ft. to a
-take at the S. W. corner of said H.
j C. Whitaker tract: thence with the
South line of said H. ('. Whitaker
: tract N. IT' K. passing the S. K.
corner and the N. \V. corner of a
tract of land conveyed to 1 undine
Pullium by the said Graham County
Lumber Company at l lb.8 1't. and
continuing with the North line ot
said tract so conveyed to Caroline
! Pullium, whole distance MKl.ti ft. to
! a stake at the S. W. corner of the
j John P. Whitaker tract; thence with
I the West line of the John P. Whitaker
j tract N. 3.V l.V W. 1017.1 ft. to a
I stake at the South rail of the Southern
Railway, the beginning corner,
i containing 33.08 acres, more or less.
j Then* is reserved from out of this
the following: The right to have,
1 use and enjoy a cartway over and
j along a 12 ft. strip of land from the
right of way of the Southern Kall:
way to the South line of said tract
above conveyed, fully described in a
deed from M. E. Pallium and wife,
j Caroline I'ullium to the Graham
Lumber Co., dated April 28th, 111 lb
and lecorded in book No. 20 page 208
in the of lice of the Register of Deeds
for Cherokee County, X. C.
I Dated and posted this the 21st day
?.f December, 192G.
D. M. BIRCH FIELD,
I Sheriff of Cherokee County, X. C.
(21-lt-B)
THE PROFLIGATE ONE
Judge: "Sir, you are fined $10 for
| contempt of court."
I Man: "Judge, $10 won't express
my contempt for your court, here's
, $20.00."
Colas
and
Coughs
here's magic in a timely dose
rup Pepsin. "It has meant
" medicine I know of. My
d like to take it Syrup Pepsin
o is now thirteen years old and
aby. After taking it their colds
many CA^I ICin na Willi gCMM] Ola
5 it enough." (Name and address sent
Medicine M . jH
'psin clean out the
ilious attacks, sour
he teething period B
r. Caldwell's Syrup
e guard. Countless I ?.
appy ewerience to I " " I
home. Get it today DrCMmfflt
d by all druggists. CVDIip
and address Co . - icdlc.
UHmeu. PEPSIN
THE CHEROKEE SCOUT
SALE OF VALUABLE PROPERTY
UNDER EXECUTION.
NORTH CAROLINA.
CHEROKEE COUNTY.
IN THE SUPERIOR COURT.
Mountca>tle-Hill Co.. Plaintiffs.
vs.
S H. Palmer and II. M. Palmer, trading
as Palmer Bros.. Defendants.
NOTICE OF EXECUTION SALE.
By virtue of an execution directed
; > the undersigned from the Superior
Court ??f Chti kee County. N. C., in
the above entitled action. 1 will, on
Tuesday. January Hath. 11127, :K
11 ;">U o'ehn-k A. M., at the court
?lo..v of said C herokee County,
i N. C.. -ell t the highest bidder for
. ia-h ill ! the right, title and interest
i which S. H. Palmer, one of above
: amed defendants, ever owned?the
same having been conveyed by him
ami tl'o deed to the same having been
. res ided after th docketing of this,
- judgment it. and ti> the following
des? t ii?ed tr.n t {" land:
1 Known as the M. Fain Donation on
- Owl Creek.
Beginning .n the West bank off
i Owl Creek at a concrete bridge; and'
runs down tie ereek with its meanders
to Abornathy's line; thence with
that lint :o the Blackwell line to the;
beginning, containing two acres, more i
' or less.
For letter description see deed
; book No. page 43S?, it being a deed '
!r< ni >. II. I aimer et ux to \\ . II. ?V j
S. K. Kephart and wives.
Dated this the l?"?th day of I'*-;
.ember, 1920.
I?. M. B1RCHFIELD,
Sheriff of Cherokee Countv, N. C
.21 11 ID
NOTICE TO STOCKHOLDERS OF
ALBA MINERAL COMPANY
You are hereby notified thet a
-pecinl meeting of the stockholders of
A I.HA MINERAL COMPANY will be
rioi.l at it- office at Murphy, North
Cutolinn or the Mist day of Decern her.
192t? at ten o'clock A. M. to consider
and take action on a proposed
dissolution of the corporation in the
nanncr prescribed by article 10 of the
Stock Corporation I aw.
Dated. Murphy. C.. Dec. Ird, 1920.
JAMES E. ROAN.
17-lt-M Secretary.
NOTICE OF TRUSTEES SALF
By virtue <?f power of sale contained
in a certain deed of trust
made bv Mrs. India Angel and husband.
.1. !>. Angel, to the undersigned
Trusti-. . dated August 25th.
192 1. and duly registered in the office
of the Register of Deeds of
? horokee County. N. C.. in Book of
.Mortgages and l.Veds No. 74 at page
-US. to which reference is hereby
made, and default having been made
i in the payment of the note secured
by said deed of trust whereby the
lower of sale therein contained has
become operative, anil demand having
been made up me by the holder
of said note. 1 will, on Saturday,
-January Nth, 1927. at 10 o clock A.
M. (Murphy time) offer for sale at
public auction for cash, at the tenip.
rary court house door, in the Town
of Murphy, N. C.. the following described
lands anil premises, situate,
lying and being in Valleytoun Township.
Cherokee County, N. C., to-wit:
Reiner a part, of Trai-t No r?s
within lhe corporate limits of the
Town of Andrews, and being a part
?.f what is commonly known as the
Rhodes properly, and being situated
on the North boundary line of said
property, adjoining the Alley that
divides said property from the J. \V.
Porter lot; Beginning at the intersection
of Colvord Street and said
Alley, running with Alley a Westward
direction 200 feet to a stake;
then with said Street a Southward
direction OS feet to a stake; thence
a Eastward direction paraleling said
Alley, 03 feet from the same, 200
feet* to a stake on the margin of
Colvard Street; thance 03 feet to
the beginning, containing a block of
land 03 \ 200 feet.
This 1st day of December, 1926.
t I.YDE H. JARRETT, Trustee.
(18-4t-j)
NORTH CAROLINA,
Cherokee County. Superior Court.
Lillie Carter and Husband Boat
Carter
vs.
Victoria Hall and Husband Levi
Hall
Notice lo Eugene Wood and Betty
Wood, and any other heirs at law
of Hayne or Henry Wood, doceasj
ed.
To Eugene Wood and Betty Wood,
Heirs at law of Hayne Wood deceased
and all other heirs at law of Hayne
Wood, deceased, you and each of
you are hereby notified to appear before
the undersigned Clerk at office
in Murphy, North Carolina, on or before
the 10th day of January. 1926,
or within the time thereafter allowed
: by law and demur or reply to the
answer of the defendants in the
?above entitled action, wherein dei
fen dan ts by counterclaim seek to im|
press a trust for their benefit upon
j the tracts of land set out in the
plaintitfs, complaint, to the extent of
one half ownership in said lands;
said trust arising as a result of one
half or more of the purchase money
for said iands being paid for with
the monies of the defendant Victoria
Hall, and the title thereto taken in
the name of Hayne or Henry Woods,
deceased. You are further notified
i that if you fail to appear and reply
or demur to said answer within the
j time allowed by law, the relief
sought by defendants will be grant;
ed.
1 Witness the Hon. P. C. Hyatt,
Clerk orf Cherokee County, Superior
, Court, this December 9th, 1926.
P. C. HYATT, Clerk.
! (18-4t-pd)
NOTICE
kWK r0,ni;?n
j Graham County.
j J. A. Rogers enters and claims 40 ]
acres of land on the head waters of i
; Tulula Creek.
Beginning on a small black oak j
standing on a former line and runs t
a southerly course to a stake; thence <
eastwardly and various other courses \
with former lines to the beginning. '
Entered February 22, 1926. .<
Notice is further given that a war- \
rant of survey will issujt for the i
, MURPHY. N. C.
PU
Of Properties <
UNITED
All right, title and in
sale urder order of the U
ua.y 10. 1927, at 12 o'cl>
Office Rui!ding. Wilmingtc
Address:
10 South Calvert Sir
Baltimore. Mary
Pursuant to .in order of the 1. mtcd
States District Court for the District
f Delaware, dated December I. 1^26.
he undersigned. Frank I. Soeakman
v?eorge G Shriver nnJ Willi.itu Le
Roy All, Trustees of the Cheroke.
ompanV. Bankrupt, will sell at pub
auction all their right, title an<
inter* sf in and to the properties ol
1 ? I l.fiokir Company on Januarv
10. 10>7. at 12 o'clock noon, at the
Ninth and Shipley ?trcpt* entrance of
h<- Cost Office Building, Wilmington.
Delaware.
DESCRIPTION OF PROPERTIES
Real and Leasehold Properties
situate at or near the Town of |
Mufhv, Cherokee County,
North Carolina.
I he sawmill and lumber manufac- i.
uring plant at Murphy is located on '
tpproxunately t| irty acres of land.
-?l win: h about twenty two acres are
owned in fee. and the balance leased
lor a term of five years with the privlege
of renewal fr< m time to time.
Approximately 10,000 acres of timber
lands are owned in fee and sit
uate on the headwaters of Telico
iiver arid Hanging Dog Creek
The Murph} plant is a band and
re-sawmill of 70.000 feet capacity
per day with a dimension and lath
null. I hi? plant was completed in
November, 1020. and though not operating
at this time, is in excellent
< ondition. 1'he mill was designed,
liuilt. and the machinery furnished hy ,
he Allis-Chalmer* Manufacturing |
nnipany of Milwaukee. \\ isconsin.
I he machinery Is provided with
independent electric drive and designed
so as to be operated with a
minimum of labor, and there is a
oin plrte automatic handl.ng of all
w sate.
With the exception of the power
plant building, which is steel frame. ,
<11 null buildings are of heavy mil'
framing, of concrete foundations, and
ire sheet metal covered and semi
reproof.
I he power plant contains four 175
I I I*, horizontal tubular boilers, with
gravity feed and automatic blower,
and boiler feed pump which furnishes
he steam power. Power is supplied ,
b> an 800 H P.. 150 R.I'M 26*38
inch Chusc Company's non-releasing
Corliss engine. directly connected
with a 650 P.V.A- 3-phaae 60 cycle.
480 volt. Allis-Chalmers generator
\.C.
There it at this plant an excellent
and unusually well equipped repair
and machine shop, which is built to
take care of all repairs: a neat and
modern office building, and a comfortable
ten-room club house for the
higher employes.
*1 he log pond has a wet capacity
of approximately 500,000 feet, and
300,000 feet can be decked. This
constitutes a. supply of about ten ;
d?y?.
The rolling stock consists of one ,
22-ton Climax locomotive, one Earnhardt
steam loader, one Clyde over- ;
head skidder. one Model 20 B Bucyr
us steam shovel. 27 Kilby log cars
of 40,000 lbs. capacity each, and certain
other miscellaneous equipment, j
There are approximately I 7 miles
of standard gauge logging railroad,
laid with 56 pound rail, leased from
the Southern Railway at $3 per ton
per annum. In addition, there are
about three miles of right of way.
graded and ready for lies and rail.
The yard is equipped with elevated
clocks built on concrete foundations,
from which lumber is piled and outgoing
lumber is loaded direct on the
cars which are spotted in the rear
of the lumber piles.
The plant is served by the Southern
Kailw-ay. which has a spur track at
the yard, and the Louisville & Nashville
Railway. Swii.hing charges are
bsorbed by the railroads.
The present holdings of timber I
back of the Murphy plant aggregate j
approximately I 25.000,000 feet, with
200.000,000 additional naturally tributary
to this mill.
1 he entire plant is particularly well
built, especially with reference to machine
foundations, and is unusually
well arranged.
This plant comprises a complete
and modern lumber manufacturing
unit and substantially all machincry
ind equipment necessary for immediate
operation is now on the premises.
The above described properties
were acquired by the Cherokee Com
oany under, and are particularly dc |
scribed in. a deed from John A. Ham j
bleton and Duff Merrick. Receivers of
Boone Fork Manufacturing Company
to Cherokee Company, dated March
19, 1923, and recorded among the
Land Records of Cherokee County
North Caro'ina. in Book No. 83. Page
I &c. Said deea is also of record
tbove described land on or after the I of
15th, day of January, 1927. CI
This 15th day of December, 1926. Bi
W. M. SHERRELL, d<
Entry Taker Graham County, N. C. pa
(20-4t-Den) tii
ui
Under and by virtue of the power pt
>f sale contained in a certain deed to
>f trust executed by John Walker and th
rife, Martha Walker, to E. E. Davis, sa
Trustee, securing a note in the sum ca
>f $40.00 executed to O. C. Davis, pi
which said deed of trust is dated Jan- Si
lary 30, 1917, and recorded in the lo
B Si ...
BLIC SA
jf Cherokee Comp
by Trustees
UNDER ORDER OF THE
STATES DISTRICT COURT FC
DISTRICT OF DELAWARE
tercst of Truilfri of the Cherokee Con
nited States District Court for the Disti
ock i.oon. at the Ninth and Shipley Stri
n. Delaware.
FRANK L. SPEAKMAN
GEORGE G. SHRIVER
WM LeROY ALL
eel.
land.
mioni: the Land Records of Watauga
ountv. North Carolina, in Book No
*0. I'hro 240 Ac., and among the
?nd Record* of Avery County. North
ntolinn. hi Book No.' I 7. Page I Ac.
'articular descriptions of said proprty
are also available upon applicalon
to the 1 rustees. and will be fur
ished at the sale.
Said property will be sold free and
lear of all liens and encumbrances,
f any. of taxes due and owing to
v. nnrti .-Mates. Ihr Matf of Delaware,
he State of North Carolina, or any
county or municipality in the *?id
State of North Carolina; and free and
clear of all other lien* and encumbrance#,
except the lien of the Pearl
City Veneer Company, created by
mortgage from the Cherokee Timber
Company, one of the antecedent
ompaniea. to the Pearl City Veneer
Company, mentioned and #et forth in j
the deed to the Cherokee Company :
rbove mentioned. wherein 1600
market! poplar tree# were conveyed
as secuiity for the repayment of the
turn of $100,000. Said mortgage,
however, doe# not carry any obliga- ;
son of the company to pay the j
amount secured.
PERSONAL PROPERTY AT
MURPHY PLANT
The Trustee# will al?o sell nt said
time and place all of the personal
property of the Company on the
premiaes. I hi# property consist# almost
entirely of furniture, fixture#,
equipment and supplies located in the
office building#, the club house, and
in other buildings nt the mill site. A
full list of such personal property is
available for distribution by the Trustees.
and a complete description of
the same will he furnished, upon application
to the Trustees and at the
sale.
Description of Real and Lease*
hold Properties Loeated at Shulls
Mills. Watauga County. North
Carolina, and in Avery County,
Noefh Carolina.
The following is a description of
lands in Watauga and Avery counties
which are under lease, owned in
fee, and those on which the timber
rights are owned by the Cherokee
Company:
The sawmill and lumbering inanufnctuiing
plan! at Shulls Mills, located
on approximately 253s acres of land,
held in good and sufficient leases to
extend as long as said land is necessary
for mill purposes.
A tract of land owned in fee containing
five and a fraction acres, situate
near the sawmill and improved
by a modern nine-room bungalow and
four outhouses.
Approximately 1.000 acres of timber
land owned in fee.
The merchantable timber, wood '
and hark on the following lands! 1
Approximately 3900 acres known 1
is inr i iindnian Lands. The Com- 1
pany has by contract acquired the '
right to cut and remove timber from 1
almost nil of said lands up to and including
February 6, 1932. As to a '
few small tracts, the timber rights 1
Have expired, but on substantially all 1
of the property where such rights j
were valuable and necessary for future
operations, extensions have been 1
secured or the land purchased in fee '
by outside parties who will assign 1
their rights therein for the price paid '
for the same. '
The plant at Shulls Mills is a band *
and re-sawmill of 60,000 feet capaci- '
ty per day, with planing, dimension 1
and lath mills, camp, commissary
store, houses for employes and other '
equipment. The plant is built and '
the machinery furnished by Clark '
Bros.. Company of Olean, New York,
and began operations in November. '
1917. '
The machinery in this plant is mod- *
ern in every respect, with individual j
electric motor drive.
The mill buildings are all of frame 1
construction, with wood sheathing. J
concrete foundations and composition 1
roofing. The log pond has a capacity 1
of 230,000 feet, or about four or five
davs' supply.
The logging equipment is ample '
for all needs and consists of three 1
('ram skidders and two steam loaders 1
of the full revolving or locomotive *
crane type. There are four Climax
locomotives of 45 tons, 28 tons, 20 1
'ons. and 18 tons, respectively, and J
tO log cars with a capacity of 30,000 j
ounds ea?h. which will load from '
T?'en hundred to two thousand feet.
Th - r is no railroad at present at
his oh n. but on its construction
>???? int mil 10 tne timber iitei the
->lant r.-?n be -ntrd without the
necerrity cf pure1- i'ing any addition- ;
?1 envipment.
The plant is served by the East
fice of the Register of Deeds of i
herokee County, North Carolina, in
i>ok No. 74, page 288; and said in- )
fbtedness being past due and un- i
id, and the power of sale herein men- i
:>ned having become operative, the ?
idersigned, trustee, will, for the pu- 1
>se of satisfying .said indebtedness, 1
gether with all interest accrued ?
ereon, and costs and expenses of 1
le, sell to the highest bidder lor 1
sh, at the courthouse door in Muriy.
at the hour of 11:00 A. M-, on 1
iturday January 22, 1927, the folwing
described real estate:
*
I
FRIDAY. i.piT-.:i : .llt ltM||
LE
any, Bankrupt
DR THE
ipany will be offered for
icl of Delaware, on Janeets
entrance of tht- Post
\ Trustee*
in . j
) Bankruptcy >
T> nMtMC and Western v :'h Carolin-i
Railroud and the 1 i .'.If R:-~
Roil way Company. Nor Gangs
Lines, the rolling stork. rive pow.
rr and roadbeds of which in
condition
At Lli/abethton. 48 n. west of \
Shulls Mills, connection -idr with
the Southern Railway, an : Johnson
City. 58 miles west. <tion it j
made with the Carolina. ndfeU a
and Ohio Railway, and tn ""nuthers
Railway. The cost o! !mg for
points beyond Johnson is t),.
sorbed by the railroads
The holding" of timb>- n the *i- I
cinity of the Shulls Mil li.int and 1
owned by the Cherokee ( - .iny, aggregate
approximately ! .OOO.OM 1
feet. Other additional ?e timber
reserves are naturally ti:t ,ry to the
plant.
1 he real and leasehold perty of 1
the Shulls Mills plant \ k quired
under, and is particu l? i etcriW l!
in. the said deed from J.?i V flambleton
and Duff Mem Rerrirvra
of Boone f ork Manufat' nig Company.
to Cherokee Comp All of
'he property located at ear the
vicinity of Shulls Mills - nbed in j
said deed will he sold b\ . i Trustees
except timber right- ..hich by t
sai^ deed are shown to h. expired "
prior to the date of said Said
property will be - ! ree and ;
clear of nil liens and en. i.incet,
if any. of taxes due and nig to i
United States, the State '.aware,
the Slate of North Carotin or any
county or municipality in he said
State of North Carolina id free
and clear of all other liens ,nd ea- '
rumbrancei on the said >perty.
PERSONAL PROPERTt AT
SHULLS MILLS PLAN 7
The personal property at this plant
consists almost entirely of t rniture,
fixtures, equipment and suj. ie? now
located in the office and fa? t - y buildings.
A full list of such j enonal
property is available for di- rihutioe .
by the Trustees and a coi. 'etc de-1
scription of the same will be fur-j
rushed at the sale. fl j
All of thr Company's ie*l and'
easehold property situate i (.'hero- i
kee County, North Carolina vill be
offered for sale separately, ti <1 all of
he personal property locate in Mid
county will then be offered i isle
separately: thereupon all of i company's
real and leasehold ropeitj
lituate in Watauga and Avi \ i ounlies.
North Carolina will b- offered
for sale separately, and al: -if the
Company's personal property -mate
in i.iid two counties, will h' offered
for sale separately. After s. i properties
have been offered f-> *??!e in
four units as aforesaid, all of the
real and leasehold property of the
company situate in Cherokee. Watauga
and Avery counties, w.li be offered
for sale as a whole, and all ol
:he personal property situat-- in said
three counties will be offered for sale
>a a whole.
The Trustees will receive* no bid 1
from any one offering to hid for all
of the real and leasehold estate who
hall not first deposit with them as a
pledge that he will make nd His
aid in case of its acceptance*, the sum
af $3 5,000 in United States money,
or by certified check upon any national
hank or trust company, or by
? deposit with the Trustee-. . f First
Mortgage Fifteen Year Sinkn-g Fund j
old Bonds of the Cherokee Company J
dated April 1, 1938, of the face -alue
af $50,000. Anyone desiring to bid
for a part only of the real and leasehold
estate must make special arrangements
with the Trustees .?? to
the amount of the deposit requiredTerms
of the sale shall be for cash
rxcept as set lorth in the Order of
Court under which this sale made:
?nd a report of the sale to the Court
ind application for confirmation will
ie made before the Referee on the
tenth day of January. 1927. -t four
?*clock in the afternoon at bi? office,
^o. 510 Equitable Building. ^ ilmingon.
Delaware.
By the terms of the Order under
i - i .? , . .i
mil saie is made. ine v
las reserved the right to reject any
?nd all bids and \o order the resale
>f all or any part of the properties
?f the Company.
Copies of the order a( Court under
which this sale is held may be obained
upon application to Johr
Jr., Referee in Bankruptcy,
equitable Building. Wilmington. Del*
ware.
FRANK L. SPEAK MAN
GEORCE G. SHRIVER
W.M. LeROY ALL
Trustees in Bankruptcy
\ddresa:
10 South Calvert Street,
Baltimore, Maryland.
A certain tract or pared of l*ni
in Cherokee County, adjoining
lands of Josie Walker, Isaac Lovin;ood,
Fain & I>ockery, and ?thci*?
and bounded as follows: Being on
Cook's Creek, and known as the wu
Iredell CooJc Heirs land, f'irthg
tnown as Peter Dick land, lying no ?
and west of Josie Walker's Homo
Place, on the .Flee Mountain, containing
200 acres, more or less.
This the 17th day of DecemW*
l926E.
A. DAVIS,
(20-4t-D) Trustee.
I
& m-M