Newspapers / The Duplin Times (Warsaw, … / July 22, 1982, edition 1 / Page 2
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Legal Notice NORTH CAROLINA duplin Count y NOTICE OF RESALE Under and by virtue of ?.> Order of R?mI* of the Clerk of Superior Court of Ouplin County mede on the 19th dev of July. 1982. in Special Proceeding therein pend ing entitled "In the Matter of Hazel S. Smith, Guardian of Pearl W. Smith. Incompetent, and being Ceae No. 81 SP 158. the under eigned Commissioner, will on the 4th day of August. 1982. at 12:00 Noon, at the Courthouse Door in Kenansviile, Ouplin County, North Carolina offer for sale to the highest bidder for cash, upon an opening bid of SIXTY NINE THOUSAND EIGHT HUNDRED AND SEVENTY FIVE AND NO/100 (?69.875 00) DOLLARS, but subject to the confirmation of the Court, a certain tract or parcel of land lying and being in Smith Township. Duplin County, North Carolina, and more particularly described as follows BEGINNING at a gum on the bank of the North East River and runsS. 53 E. 288 P to an oak in the land near the grave yard, thence S. 60 E. 86 P. to a stake Angess L. Williams corner, thence S 28 W 92 P. to a pine Paul Williams corner, thence his line N. 11 W. 72 P. to a stake on the new road, thence with the new road N. 73 E 28 1/5 pole to a stake, thence N 50 >4 W 50 P to a stake on the White Hall road, thence with the said road S. 27 W. 21 P and 15 links to a stake, thence N 61 W 30 Yt P to a stake, thence N 52 W 15 % P to a stake on a ditch, thence with the ditch N 24 W 24P to a crook in the ditch, thence N. 2 E. 10 P to a crook in the ditch, thence N. 12W. 18 P to a crook in the ditch, thence N 82 W 11 P.. thence N 35 W. 1 Y? P., thence S. 68 W 13 P thence N 65 W 6 P to the edge of the swamp, thence N. 53 W 288 P. to a stake on the bank of the North East River, thence up the river to the beginning, con taining 96 acres, more or less and being that same tract of land deeded to Pearl Smith from W.B Williams and wife, Angie Williams dated December 16, 1926 and recorded in Book 403. Page 120, Duplin County Registry. EXCEPTED. HOWEVER, FROM THE ABOVE TRACT, THE FOLLOWING: Situated on the South side of Highway N. 111 and runs as follows BEGINNING at a stake on the South side of said' highway at Grover Rhodes line and runs with his line South 50 degrees East 363 feet to a stake, thence South 22 degrees West 120 feet to a stake, thence North 50 degrees West 363 feet to a stake on the said highway, thence with the Southern edge of said highway North 22 degrees East 120 feet to the beginning, containing one acre, more or less and being that same land as deeded to Eugene Smith from Pearl Smith dated Septemb er, 1947. and recorded in Book 445. Page 32, Duplin County Registry. A good faith deposit of Ten Percent (10%) will be required of the last and highest bidder for said tract as evidence of good faith. This 19th day of July. 1982 William E. Craft, Commissioner ;7-29 2t-WEC 90 NOTICE OF SALE $625,000 TOWN OF BEULAVILLE. NORTH CAROLINA WATER AND SEWER BONDS Sealed bids will be received until 11 o'clock A.M., North Carolina Time, July 27, 1982, by the undersigned at its office in the City of Raleigh, North Carolina, such bids to be opened at said time and place on said day, for the purchase of $625,000 Water and Sewer Bonds (representing a consolida tion of $415,000 Water Bonds and $210,000 Sanitary Sewer Bonds) of. the Town of Beulaville. North Carolina, dated June 1, 1982 (un less awarded to the United States of America, Farmers Home Ad ministration, in which case the bonds shall be dated as of the date of delivery thereof) and maturing annually, June 1, $7,000 1985 to 1987, inclusive, $8,000 1988 to 1990, inclusive, $9,000 1991 and 1992, $10,000 1993 and 1994. $11,000 1995 and 1996 $12,000 1997 and 1998, $13,000 1999 $?4, 30 2000 and 2001, $15,000 200^, $16,000 2003, $17,000 2004 and 2005, $18,000 2006. $19,000 2007, $20,000 2008, $21,000 2009, $22,000 2010, $23,000 2011, $24,000 2012, $26,000 2013, $27,000 2014, $28,000 2015 to 2020, inclusive, and $22,000 2021. without option of prior payment (unless awarded to the United States of America. Farmers Home Administration). Denomination $1,000; principal and interest (semi-annually on June 1 and December 1, except that interest on any registered bond without coupons shall be payable June 1, 1983 and annually ? threafter on June 1) payable in legal tender at Fkat Citiiena Bank & Trust Company, in the City of Raleigh, North Carolina; payment of interest on any registered bond without coupons by check mailed to the registered owner; general obli gations; unlimited tax; coupon bonds registrable as to principal only; delivery on or about August 23. 19B2 at place of purchaser's choice. There will be no auction. At the option of the purchaser of the bonds, a single fully registered bond without coupons in the amount of $625,000 will be issued, exchangeable within 90 days after notice for coupon bonds in the denomination of $1,000. 1 Bidders are requested to name the interest rate or rates, in mi i.iplesof 11A or 1 /10 of 1 %. not exceeding an average annual net ini treat cost to the Town of 5%, and each bidder must specify in his bid the amount and the maturities of the bonds of each rate. The difference between the lowest and the highest rates named in the bid shall not exceed 2%. No bid may name more than six interest rates, any of which may be repeated. All bonds maturing on the same date must bear interest at the same rate. The interest payable on any bond on any interest payment date shall be represented by a single coupon and the interest rate on such bond shall be the same throughout its life. No bid for less than the face value of the bonds plus accrued interest will be enter tained. The United States of America, acting through the Farmers Home Administration, has entered into a loan agreement with the Town of Beulaville pursuant to which the United States has agreed to pur chase the bonds at their face value and at a rate of interest of 5% per annum, provided that no bid is received specifying an interest rate or rates not exceeding an average annual net interest cost to the Town of 5% As among such bids, the bonds will be awarded on the basis of the lowest interest cost to the Town, such cost to be de termined by deducting the amount of any premium bid from the aggregate amount of interest upon all of the bonds from their date until their respective maturities If no such bid is received, the bonds will be sold to the United States of America, Farmers Home Adminis tration, pursuant to said loan agreement. Each bid must be submitted o,p a form to be furnished with addi tional information by the under signed. must be enclosed in a sealed envelope marked ' Bid for Bonds", and must be accompanied bv an official bank check, a cashier's check or a certified check upon an incorporated bank or trust company for $12,500, payable un conditionally to the order of the State Treasurer of North Carolina, on which no interest will be allowed. Award or rejection of bids will be made on the date stated above for receipt of bids and the checks of unsuccessful bidders will be returned immediately. The check of the successful bidder will be held uncashed as security for the performance of his bid. but in the event that such bidder shall fail to comply with the terms of his bid, the check may then be cashed and the proceeds thereof retained as ana for full liquidated damages. Tfie unqualified approving opinion of Brown, Wood, Ivey, Mitchell & Petty, New York City, will be furnished without cost to the purchaser. There will also be furnished the usual closing papers. The right to reject all bids is reserved. copies ot xne nonce anu oian* Proposal relating to the bonds may be obtained from the Local Government Commission, Albe marle Building, 325 North Salis bury Street, Raleigh, North Carolina 27611. LOCAL GOVERNMENT COMMISSION Raleigh, North Carolina By: John D. Foust Secretary of the Commission 7 22 It WEC-162 DUPLIN TIMES-PROGRESS SENTINEL Published Weekly by DUPLIN PUBLISHING CO., INC. Ike Riddick, Publisher P.O. Box 68 Kenansville, NC 28349 Second Class Postage Paid at Kenansville, N.C. 28349 SUBSCRIPTION PRICES Single Copy 11 Cents In Duplin and Adioining Counties 6Mos.?S1.82 1 Yr.?$3.64 Outside of Duplin and Adjoining Counties 6 Mos.-S2.34 1 Yr.?$4.68 Outside North Carolina S5.53 pe> year BLANTON MOBILE HOMES SALES & SERVICE Hwy. 117 By-Pass, Burgaw Celebration Mow Thru July *843?? to ^300?? WE NOW HAVE OOUBLEWIDES (1344 sq. feet of living space) with shingled roofs, wood siding, wood burning fireplace with blowers. HRS: 9:00 AM-6:00 PM. Mon.-Fri. 9:00 AM-5:00 PM Saturday 2:00 PM-5:00 PM Sunday APPOINTMENTS AVAILABLE Phone 259-9121 Bobby Blantort I super market I m WE WELCOME FOOD STAMP CUSTOMERS Monk Wholey, Owner I WE RESERVE THE RIGHT BEULAVILLE TO LIMIT QUANTITY L? 1 Ph- 290-3646 [ PRICES EFFECTIVE JULY 22-23-24 OPEN TIL 8 p^m^FRIOAYS & SATURDAYS J I ? GROUND HA ! O.AM?ND A | ^ A I ?Gi A |<}ol I BEEf UUvl SI I farm vl I OR MORE jfl mBJ I 14 OZ. I I CAKE ? I 3 I LB- J BOX [j g m 1 BONELESS RIB EYE STEAKS I BONELESS I BEEF STEW I JPI *f?^DOGS I, fRYERS I BONELESS BONELESS CHUCK I $IRLOIN ? ROAST I STEAK I $|69| $2691 m K1 I '/? GAL. ? ? 5 LB. I 99< l3/$1.001 99* I STERLING SALT ? MACARONI & MACARONI ? BANNER BATHROOM TISSUE I I & CHEESE 7 OZ. H 4 ROLL L4^22J5?2J2?j--22LJ I i99fe69l5?n I ?COLDPOW^ I g MACARONI ^9 j|29 I ll|h|-4 ^11 llvlf ? *12.50 ? ^pCHEESE II ll I 5 LB. BAG llll H FOOD DINNER ^0 g %0 J ORDER) J GT* SIZE | M SLICED CHEESE B 12 OzJ^^P 18 ?Z %y ^P [ ^Hp MB 3 OZ' B
The Duplin Times (Warsaw, N.C.)
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July 22, 1982, edition 1
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