rtlE DAILY EVENING TELEGRAPH PHILADELPHIA, THURSDAY,-JULY 14, 1870.
AN AFRICA rOET.
TanciB A. Boyd, "the African poet," who
H born at Lexington, Missouri, hai now
nearly ready for press a poetical history of
the late war, from the fall of Sutnter to the
death of Abraham Lincoln, and comprising
upwards of two thousand lines. It is entitled
"Columbiana, or the North Star."' The fol
lowing is a part of the introdnctory to the
poem:
Now Freedom, on her antique car,
At Cheops, left the Pyramid,
And Israel loud proclaimed afar
Her conquests yet in ages hid.
In diaphanic science dawn,
To seraph music softly singing,
he moved in shining glory on,
With cherub forms around her winging.
Ecneath the brazen Africa skies,
Egyptian thraldom stood in view,
On Freedom s car was Enterprise,
Stern at his post and firmly true.
Br.t Fharoah's armies braved the storm,
The tide of Freedom there to eheck;
E?ekiel's creature crushed his form,
He, prostrate, fell a quiv ring wreck,
Her trRin passed through th' Egyptian sea,
Seeking the land of "Corn and Wine;"
Gaining the land of heav'n's free,
She made the em'rald valleys shine.
Departing thence, with songs of peace,
The charming warbler ravished Greece.
In glory bright she hailed the fane
Of Isabella, Queen of Spain;
And thence the wise Columbus bore
Out to this wild West Indian shore
She lifted here to ether skies
Onr Hodiernal enterprise.
The senile savage raised his head
'Gainst Progress ! Science strack him dead.
Next Slavery, in its sternest form,
Arched o'er the way, withstood the storm;
But Progress rushed and thundered loud,
The monster neath the pressure bowed.
TI1E PUBLIC DOMAIN.
J.AND t.EAXTS IN AID OF rOrULAB EDUCATION
WHAT THE STATES HAVE RECEIVED.
From the annual report of Hon. Joseph S.
Wilson, the Commissioner of the General
Land Office, for the year ending June :)0,
1 '.'., we take the following:
In regard to the endowment of educational
institutions by the Government, very little
difficulty seems to have been experienced by
oarlatners. lney assumed, witnout ques
tion, that a government, as the organ of
j-ociety, enjoys the right and is vested with
the power to meet this social necessity. No
xcember of the Continental Congress seems
to have raised the question in the discussions
upon the provision in the noble ordinance of
March 'JO, 1765, the nucleus of the present
public land system, by which section 10 of
every township was set apart for the endow
ment of public schools. This policy at once
met with enthusiastic approval from the pub
lic, and was tacitly incorporated into the
American system as one of its fundamental
organic ideas. It has become part and par
cel of every democratic movement in the
Old World, and is repudiated only by parties
tnd interests allied with reactionary despot
ism, both political and ecclesiastical.
This reservation of a section, or one mile
square, of six hundred and forty acres, in
each township, for the support of publio
schools, was specially provided for in the
organization of each new State and Territory
tip to the time of the admission of Oregon, in
which instance the policy was inaugurated of
duplicating the quantity, section 36, as well
as section K, being granted "in place," or,
where covered by prior adverse rights, in
demnified elsewhere by selection from unsold
public land made by authority of the State in
terested. This increased donation was re
peated in the admission of each subsequent
State except West Virginia, which had no
public lands within her limits.
For the endowment of educational institu
tions of a higher grade, at least two town
ships, embracing seventy-two sections, have
been granted to each new State. Special
grants have also been made to private enter
prises. The fruits of this enlightened liber
ality are seen in the elevated tone of even
onr pioneer civilization.
By act of July 1, 1802, our educational en
dowment system was enlarged by the dona
tion to each State of thirty thousand acres of
public land for each Senator and Represen
tative to which it was entitled under the ap
portionment of lb 00, for the support of col
. leges, for the cultivation of agricultural aud
mechanical science and art. From the able
report of the Superintendent of Publio
Schools of Missouri for 1608 is taken the fol
lowing account of the actual disposal of seve
ral of the State quotas under this grant, hav
ing been compiled from correspondence with
the State authorities:
Massachusetts received 300,000 acres,
which were sold for $ 230,307. Of the in
come derivable from this fund, two-thirds are
devoted to an agricultural college located at
Amherst, and the other third to the Massa
chusetts Institute of Technology.
North Carolina received scrip to the amount
of 270,000 acres, upon which, at the date of
the correspondence, nothing had been real
ized. The scrip had been sold, but under
Euch circumstances that the trustees of the
university to whom it was granted declined
to receive the proceeds. If the act under
which the sale was made should not be invali
dated, the university will realize $135,00!), a
sum insufficient for the support of an agricul
tural institution.
New Jersey had sold her 210,000 acres for
$110,000; this, being insufficient to maintain
a separate institution, was added to the en
dowment of Rutgers College and Scientific
School.
Indiana had received 200,000 for her
390,000 acres, a sum inadequate to the esta
blishment of a separate institution, which
will require additional endowment from the
State.
West Virginia had a grant of 150,000 acres,
for which she received 1 85,000. No institu
tion as yet established.
Kansas seems to have disposed of her
50, 000 acres on unusually advantageous terms,
realizing f:'.oo,X)0, which, if judiciously
managed, will, it is thought, support a col
lege. Minnesota was still more fortunate, re
ceiving IGOO.OOO for 120,000 acres, consti
tuting a respectable endowment for a college.
Michigan had sold but a small proportion of
her 240,000 acres, holding it at f2'50 per
acre. It was proposed to reduce the prioe
so as to secure an early sale of the land, with
the expectation of realizing some $ 500,000.
The college that had received the endowment
had, at the date of the correspondence, been
for eleven years in successful operation.
Connecticut had sold land 8crip repre9ent.
ing 160,000 acres for $130,000, which was in
Tested in nds at6per cent the
annual proceeds, $81oo, being annually paid
over to Yale College for the support J rtae
Sheffield Scientiflo School.
Kentucky realized f 105,000 for her 330 ,000
acres. He. agricultural college is part of
State University, it is fully organized,
the
and
nas itQ Btudents.
Illinois has sold a part of her 480,000 acres
for $250, 192 '50, and it was hoped the dis
posal of the remainder, unsold, would aug
ment the sum to a large endowment. The
college is a separate institution.
Ohio had Bold 02:,020 acres for $:H'2,450-80.
The proceeds had been invested at 6 per cent.
Eer annum, but no plan of organization had
een determined upon.
Wisconsin had devoted her 240,00 acres
to an agricultural department of the State
University. It had not been disposed of, but
Promised to realize a respectable endowment,
he people of the county wherein the insti
tution is located had given 4 0,000 in further
ance of the enterprise. An experimental
farm was part of the investment.
Pennsylvania had received for her
780,000 acres Hs4iW,18-h0. . The State
had given ."t'150,000 in addition, yet
the united sum was thought insuffi
cient to maintain the college, which is a sepa
rate institution.
Iowa located 240,000 acres of scrip within
her own limits, and the plans of Bale and
lease have both been followed, the latter
being preferred. The lands selected are
valued at $480,000. The college is located
upon a farm of six hundred and forty acres,
with buildings valued at $111,000.
Maryland from the sale of 210,000 aores
realized but $105,000. This was assigned to
an agricultural college already in existence,
yielding an income of $0000. The Secretary
of State, alter expressing doubt of its suffi
ciency to support a separate institution, adds:
"But the best agriculturists and educators
are dissatisfied. The prophecy is that the State
will sink $100,000 aud that the college will
go under. It cannot thrive as a purely agri
cultural school. "
California's quota under this grant is
150,000 acres. It was proposed therewith to
found at Oakland "the college of agriculture,
mining, and mechanic arts, part of the State
University to be located at this place.
Missouri received a grant of 330,000 acres,
but many of the selections being double
minimum land on the line of the South
Pacific Railroad, it was reduced in quantity
to 280,000 acres. A year previous these se
lections were estimated at the value of $330,
000, but according to the estimate of the
State register, this estimate had risen 25 per
cent, by June 15, 1800, on account of the
general rise in value of lands along the line
of the railroad.
New York received under the grant scrip
representing ;90,000 acres. The entire pro
ceeds of this munificent gift were appropri
ated to Cornell University, at Ithaca, upon
several conditions, among which the most
important were that Ezra Cornell should give
to the institution $500,000, and that one
student from each of the one hundred and
twenty-eight assembly districts should be
educated free of expense for tuition, such
students being designated by a competitive
examination on a plan laid down in the act.
Mr. Cornell has donated not only the $500,000
required, but also two hundred acres of land,
the Jewell collection of geology and paleon
tology, which had cost him $10,000, and
$25,000 in subsequent donations. Besides
all this, Mr. Cornell had invested $300,000
in purchasing the scrip and in locating the
lands of the university. He had previously
erected in Ithaca, at a cost of nearly $100,000,
a free public library, with large halls and lec
ture rooms, affording extensive supplemen
tary accommodations to the institution.
The failure of many of the States to realize
a competent endowment from the bounty of
Congress may be attributed to hasty and in
considerate disposal. Those States which
still hold their lands either on lease or await
ing the rise of the market, bid fair to receive
adequate means for the support of their agri
cultural colleges. The benefits even of the
most unpromising of these enterpries, how
ever, amply justify the expenditure.
In 1800 the entire number of educational
establishments in the United States was
113,000, with 148,742 teachers and 5, 417,880
pupils; the annual income was $33,000,482.
Of these aggregates 445 were collegiate insti
tutions with 54,'.)00 students. The academies
and other schools not designated as publio
schools numbered 0630, with 455,559 pupils.
The number of publio schools was 106,915,
with 4,017,552 pupils. The aggregate num
ber of public libraries was 27,730, embracing
13,3sO,37'J volumes. The extension and per
fection of our educational system have kept
in advance of even our wonderful increase in
population und physical resources. It is no t
directed by any overpowering interest to the
promotion of selfish ends. It is controlled
and directed by the people themselves. In
telligence is at a high premium in every free
State, and is ample security for the faithful
execution of this popular power.
Rigid disciplinarians bewail the lack of
symmetry with which these popular efforts
are conducted, but true wisdom teaches us to
delay the formation of a complete system of
American education until our experience
shall have developed the true elements and
necessities of the work.
Inasmuch as no general enumeration has
been made since the census of 1800, it is im
possible to procure aggregates representing
the present status of educational enterprise
in this country. A few items, selected from
the school reports of the public-land States,
will serve to illustrate at once the wonderful
advance in the educational work of the
nation, and the influence of the publio land
system in its promotion.
The commissioner of common schools for
the State of Ohio, in his report of the school
year ending August 31, 18li8, shows that there
were 1,010,102 youths between the ages of
fire and twenty-one years entitled to the
benefits of the common school system, being
an increase of 23,042, or two and a half per
cent, upon the previous report. The total
value of school-houses and grouuds in the
same year was $10,330,007, being an iucrease
of $1,257,051 over the value in 1867. The
whole number of schools in 1808 was 11,783,
an increase of 44; pupils enrolled, 731,772,
an increase of 27,005; average daily attend
ance, 411,721, increase 13,235; teachers,
21,502; increase 24.
In summing up results of the enlightened
and beneficent legislation of the National
Government in this respect, it is ascertained
that the aggregate endowments in the cause
of edaoatiou are:
Arret.
For common schools 07,083,014
For universities
In virtue of the agricultural aud
1,082, 880
mechanio college grant 0,510,000
Total t 78,S7C,7,J4
If the third grant above referred to
be extended to the elero-a Terri
tories when admitted an States,
and on the basis of two Senators
and one Kepresentative each, the
agricultural and mechsnio college
errant would receive an increase
of 900,000
Making the princely endowment fey uon
green in the cause of education of 7D,5GG,7!H
acres, or 124,323 square miles a larger ear- !
face than the united areas of England, Wales,
Scotlpnd, Ireland, and all the surrounding
inlands in the English neas.
A Balloon Duel. Perhaps the most re
maikable duel ever fought took place in 1808.
It was peculiarly French in its. tone, and
eould hardly have occurred onder any other
than a French state of society. M. de Grand
pre and M. le Pique had a quarrel, arising
out of jealousy concerning a lady engaged at
the Imperial Opera, one Mad'lle Trevit. They
agreed to fight a duel to settle their respec
tive claims; and in order that the heat of
angry passion should not interfere with the
polished elegance of the proceeding, they
postponed the duel for a month the lady
agreeing to bestow her smiles on the survi
vor of the two, if the other was killed; or,
at all events, this was inferred by the
two men, if not actually expressed. The
duellists were to fight in the air. Two
balloons were constructed precisely alike.
On the day denoted, De Grandpre and his
second entered the car of one
balloon, Le Pique and his second that of tke
other: it was in the garden of the Tuileries
amid an immense concourse of spectators.
The gentlemen were to fire, not at each
other, but at each other's balloons, in order
to bring them down by the escape of gas,
and as pistols might hardly have served for
this purpose, each aeronaut took a blunder
buss in his car. At a given signal the ropes
that retained the cars were cut, and the bal
loons ascended. The wind was moderate,
and kept the balloons at about their original
distance of eighty yards apart. When about
half a mile above the surface of the earth, a
preconcerted signal for firing was given. M.
le Pique fired but missed. M. de Grandpre
fired and sent a ball through Le Pique's bal
loon. The balloon collapsed, the car de
scended with frightful rapidity, and Le Pique
and his second were dashed to pieceB. De
Grandpre continued his ascent triumphantly,
and terminated his aerial voyage successfully
at a distance of seven leagues from Paris.
r- INANCIAL)
JayCooke&(Qx
PHILADELPHIA, NEW YORK, AND
WASHINGTON,
BANKERS
ISO
I
Dealers In Government Securities.
Special attention given to the Purchase and Sale of
Bonds and Stocks on Commission, at the Board of
Brokers in tola and other cities.
INTEREST ALLOWED ON DEPOSITS.
COLLECTIONS MADE ON ALL POINTS.
GOLD AND 8ILVER SOUGHT AND SOLD.
RELIABLE RAILROAD BONDS FOB INVEST
MENT.
Pamphlets and full information given at our office,
IVo. 114 8. TIIIIIO Street,
PHILADELPHIA. T 1 3m
UNION PACIFIC RAILROAD CO.
Land Grant Bonds
Are obligations of the UNION PACIFIC RAILROAD
COMPANY, secured by all the lands which they re
ceived from the Government, amounting to about
12,000,000 acres.
The total amount of the land grant mortgage is
$10,100,000.
Between July 29, 1869, and July 1, 1870, the Union
Pacific Kailroad Company sold 181,462 82-100 acres
for 1834,091 -03, being an average price of 14-60 per
acre.
The Company have received 1591,000 land grant
bonds in payment for land sold, and they have de
stroyed the t&21,000 bonds, and have reduced the
amount of the bonds to that extent. .The Union
Pacific Railroad hold obligations of settlers amount
ing to 1243,740-08, secured by the land purchased, by
them, which Is also pledged to the redemption of
the land grant bonds. Suould the sales of land con
tinue as above, the whole Issue of land grant bonds
will be retired and cancelled within ten (10) years.
The Union Pacific Railroad land grant bonds pay
SEVEN PER CENT. INTEREST, April and October,
linn for twenty (20) years, For sale at $789 each.
DE IIAYEN & BRO.,
No. 40 South THIRD Street,
NOTICE.
TO TRUSTEES AND EXECUTORS.
The cheapest Investment authorized by law are the
General Mortgage Bonds of the Penn
sylv&nia Railroad Company.
APPLY TO
D. C. WHARTON SMITH CO.,
BANKERS AND BROKERS,
No. 121 SOUTH THIRD STREET,
PHILADELPHIA.
& I L V E JEL
FOR SALE.
C. T. YERKES, Jr., S CO.,
BANKERS AND BROKERS,
No. 20 South THIRD Street.
4 Si PHILADELPHIA,
! FINANCIAL.
Wilmington and Reading
RAILROAD
Ocvcn Per Cent. Bonds.
FREE OF TAXES.
We are offering $200,000 'of the
Second Mortgage llonds ot
this Company
AT 82 AND ACCRUED INTEREST.
Foa the convenience of Investors these Bonds are
Issued In denominations of
lOOOs, SOO, and 100s.
The money la required for the purchase of addi
tional Rolling Stock and the full equipment of the
Road.
The receipts of the Company on the one-half ot
the Road now being operated from Coatesvllle to Wil
mlngton are about TEN THOUSAND DOLLARS per
month, which will be more than DOUBLED with the
opening of the other half, over which the large Coa
Trade of the Road must come.
Only SIX MILES are now required to complete
the Road to Blrdsboro, which wUl be finished by
the middle of the month.
WI, PAINTER & CO.,
BANKERS,
No. 36 South THIRD Street,
8 B PHILADELPHIA.
LE1IIG11 CONVERTIBLE
Per Cent. First Mortgage Gold Loan,
Free from all Taxes.
We offer for eale $1,760,000 of the Lehigh Goal and NaT I
Itation Company's new First Morta-ace Six Per Cent. Gold
Bonds, free from all taxes, interest due March and Sao
Umber, at
NXCTETV (90)
And interest in currency added to date of pnrohase,
ThflM hinrtu arm nf a mrtrta.Brm n.n nf T rwvl rwi AaimjK
October 6, 18(39. They nave twenty-fire (26) rears to ran,
and are convertible into stock at oar nntil IP79. Prinnin.l
and interest payable in gold.
They are scoured by a first mortgage on $600 aores of
ooal lands in tne Wyoming Valley, near Wilkesbarre, at
present prodncing at the rate of 200,000 tons of eoal per
annum, with works in progress which contemplate a large
inorease at an early period, and also upon valuable Real
uiaie in una ony.
A Sinkinc fond of ten cents nar tan nnnn !l uil tb
from the mines for five years, and of af teen oents per ton
thereafter, is established, and The Fidelity Insurance,
Trnst and Safe Deposit Company, the Trustees under the
mortgage, collect these sums and invest them ia these
oouus, BKrseaDi; to we provisions 01 tne ITDStL
For full particulars copies of tte mortgage, etc, apply
tw
O. H. BORIS,
W- H. HKWBOLD. SON A AERT6E3
JAY OOOKK A CO..
DREXEL A CO.,
E. W. OLARK A OO. 7 11 la
QEVEN PER CENT.
First Mortgage Bonds
OF TBS
PaiiTllle, Hazleton, and Wilkes
toarre Railroad Company,
At 85 and Accrued Interest
Clear of all Taxes.
INTEREST PAYABLE APRIL AND OCTOBER.
Persona wishing to make Investments are invlt
-0 examine tne merits of these BONDS.,
Pamphlet supplied and full information given by
Sterling & Wildman,
FINANCIAL AGENTS,
Ro. 110 SOUTH THIRD STREET,
IS tf
PHILADELPHIA.
Government Bonds and other Securities taken In
exchange for the above at best market rates.
QXEIWIH NlXCr, DAVIS fe CO.,
No. 48 BOUTH THIRD STREET,
PTTTT.ADBT.PHTA,
GLEND1NNING, DAVIS & AMORT,
No. 17 WALL 8TREET, NEW YORKJ
BANKERS AND BROKERS.
Receive deposits subject to check, allow Interest
on standing and temporary balances, and execute
orders promptly for the purchase and sale of
STOCKS, BONIS and GOLD, In either city.
Direct telegraph communication from Philadelphia
house to New Tork. is
E
LLIUTT
BANKERS
Ro. 109 BOUTH THIRD BTREET,
DEALERS IK ALL GOVERNMENT GSCTJBJ.
TIES, GOLD BILLS, ETC
DRAW BILLS O? EXCHANGE AND ISSUE
COMMERCIAL LETTERS OIF CREDIT ON THE
UNION BANK 07 LONDON.
ISSUE TRAVELLERS' LETTERS 07 CREDIT
ON LONDON AND PARIS, available throughout
Europe.
Will collect all Coupons and Interest free of ckarga
for parties making their financial arrangements
wltnus. mi
B. E. JAUIS0N & CO..
SUCCESSORS TO
r. IP. IClilLLY & CO,
BANKERS AND DEALERS IN
Gold, Silver and Government Bonds
At Clotet Market Elates,
N. W. Cor. THIRD and CHZSNTJT 8U
Special attention given to COMMISSION ORDERS
in New York and Philadelphia stock Boards, eto.
eta M
FINANCIAL
A DESIRABLE
Safe Home Investment
THE
Sunbury and Lewistown
Railroad Company
Offer 91,200,000 llonds, bearing
7 Per Cent. Interest in Uold,
Secured by a
First and Only Mortgage.
The Bonds are issued in
81000s, 8500s and $200s.
The Cotipon8 are payable in the city of
Philadelphia on the rst days of April and
October,
Free of .State and I'nited States
Taxes.
The price at present is
90 and Accrued Interest in
Currency.
This Road, with its connection with th
Pennsylvania Railroad at Lewistown, brings
the Anthracite Coal Fields G7 MILES nearer
the Western and Southwestern markets. With
this advantage it will control that trade. The
Lumber Trade, and the immense and valuable
deposit of ores in this section, together with
tne tnickly peopled district through which it
rnns, will secure it a very large and profitable
trade.
WM. PAINTER & CO.,
Dealers in Government Securities,
No. 36 South THIRD Street,
6 9 tf4p PHILADELPHIA.
Free from U. S. Taxes.
Eight Per Cent. Per Annum
in Gold.
A PERFECTLY SAFE INVESTMENT.
First Mortgage Bonds
OF THE ISSUE OF
$1,500,000,
BY ITS
ST. JOSEPH AND DENVER
CITY RAILROAD CO.,
Issned in denominations of $1000 and $300,
Conpon or Registered, payable in 30 years,
with Interest payable 15th August and 15th
February, in New York, London, or Frank
fort, free of tax. Secured by a mortgage only
on a completed and highly prosperous road,
at the rate of $13, 503 70 per mile. Earnings
in excess of its interest liabilities. This lino
being the Middle Route, is pronounced the
Shortest and most Natural O ne for
Freight and Passenger Traffic
Across the Continent. St.
Louis and Fort Kearney
Spanned by a Bail
way, and connect
ing with the Union
Pacific at Fort
Kearney.
Capital Stock of the Company.... $10, 000, 000
Land Grant, pronounced value of 8,000,000
First Mortgage Bondi 1,500,000
$19,500,000
The remaining portion of this Loan now
for sale at 07 J and accrued interest in cur
rency. Can be had at the Company's Agen
cies in New York, TANNER & CO., Bank
ers, No. 49 WALL Street, or W. P. CON
VERSE CO., No. 54 PINE Street.
Pamphlets, Maps, and all information car
be obtained at either of the above-namec
agencies.
The attention of Capitalists and Investors
is particularly invited to these Securities. We
are satisfied they are all that could be desired,
and unhesitatingly recommend them.
TANNER & CO.,
FISCAL AGENTS,
No. 49 r WALL STREET, NEW YORK.
W. P. CONVER8E & CO.,
COMMERCIAL AGENTS,
No. 54 PINE STREET,
6 U rp NEW YOKE.
p O R S A L E
Williamsport City 6 Fer Cent Bonds,
FEES OP ALL TAXES.
ALSO,
Philadelphia and Daiby Railroad 7
Fer Cent Bonds,
Coupon! payable by the Clieenat a ad Walnut Streets
Hallway Couip&ny.
These Bondi will be aold at a price which will
make them a very dcsiiable investment.
P. 8. PETERSON & CO..
No. 39 SOUTH THIRD STREET,
80 PHILADELPHIA
HEAL ESTATE AT AUOTION.
R U
S T
E S
E X
sale;
T A T
B
. OF TUB
FKEEfcOM IRON AND STEEL COMPANY.
The undersigned, Mortgagees and Trustees under
the mortgage ot the FREEDOM IRON AND STEEL
COMPANY, l&ch bears date February l, issT,
under and pursuant to a reqneit and notice of
creditors, given under the provisions of the said
mortgage, for default of payment of Interest, '
Will sell at publio Bale, at the Philadelphia Ex
change, on TUESDAY, the 87th day of September,
A. D. 1810, at 13 o'clock noon, by
M. THOMAS & SONS, Auctioneers. -
All the lands, tenements, hereditaments, and real
estate of whatsoever kind and wheresoever situate
and being of the said Freedom Iron and Steel Com
pany, and all the buildings, machine shops, machi
nery, fixtures, forges, furnaces, grist mill, ore rights,
stationary engines, saw mills, railroads and cars ef
every kind belonging to the said Company granted
in mortgage by the said Company to ns by the said
mortgage, viz. :
About thirty-nine thousand (39,000) acres of land
InMirtllnana Huntingdon counties, Pennsylvania,
on which there are erected extensive steel works,
four (4) charcoal blast furnaces, and numerous shops
and buildings to wit:
The property known as the Freedom Iron and
Steel Works, in MIfllln county, Pennsylvania, com
priBing two hundred and eighty-nine (289) acres of
land.
One (l) charcoal blast furnace, Bessemer steel
converting house, hammer shop, rail and plate mill,
steam forge, tyre mill, water-power bloomery, cast
steel works, foundry and machine shops, old forge,
smith shop, carpenter shop, store with warehouse
attached, mansion bouse, offices, 64 dwelling houses,
saw-mill, llme-klln, stables and other buildings, wltl.
stationery engines, machinery, and fixtures.
Also, the property known as the Greenwood Ore
Bank, In Union township, JU l ill in county, containing
91 acres of land, and 80 dwelling houses and stables.
Also, the property known as the Week's Saw Mill,
in the same county, containing 2352 acres of land,
with mill and all the machinery and appurtenances
thereof. With two small tracts of land in Derry
township, Mini in county, each containing about one
acre, more or les, respectively known as the Cun
ningham and Ryan lots, and two small tracts of land,
containing about one acre and one-fourth of an acre,
respectively, known as the Hostetter lot, and the
8 1 roup Ilou8e and lot, In Union township, Mitilin
county.
Also, about 11,400 acres of unseated lands, In
Mifflin county.
Also, the right to take ore on the Muthersbaugn
farm, In Decatur township, Mifflin county, at a
royalty ol 25 cents per ton.
Together with about 907 acres of land, in Hunting
don county, known as the Greenwood Furnace
tract, with two charcoal blast furnaces, known as
the Greenwood Furnaces, with engines and fixtures,
with mansion house, 17 stables, carpenter shop,
blacksmith shop, 82 dwelling houses, qZca and
store, one grist mill, with stabl and bulldngs of
every description, raiirod and ore cars.
Also, the piupcrty known as the Monroe Furnace,
In I;arre township, Huntingdon county, containing
about 179 acres of land, with nine dwelling-houses,
stables, carpenter shop, smith shop, store aud office
building.
Also, about 17,200 acres of land, In Huntingdon
county (of which 637 acres are seated and partly im
proved). Together with all and singular the corpec
rate rights, privileges, and franchises of the said
Company.
The foregoing properties will be Bold in one parcel
or lot, in payment of the bonds of the said Freedom
Iron and Steel Company, amounting to f-WO.OOO,
with interest from February 1, 1S69, secured by the
said mortgage to the trustees, under the terms of
which this sale is made, the said mortgage being a
first mortgage on the said property. The terms of
tale of the property above described will be as fol
lows :
12000 In cash, to be paid when the property ls
struck off. The balance te be paid in cash upon the
execution of the deed to the purchaser.
The Trustees will also sell at the same time and
place, and nnder the Bame request and notice of
creditors, all the right, title, and Interest of the
Trustees, as mortgagees In trust, of, In, and to the
following described properties, viz. : - .
The property known as the yoder Farm, in Brown
township, Miniln county, containing lbS acres, IH
perches, composed of two tracts as follows:
Beginning at stone In road, thence by land of John
D. Barr, north 53 degrees east, 102 6-10 perches to
stone ; thence by land of Joseph B. Zook, north 44,V
degrees west, 202 8-10 perches, to s,tone ; thence by
land of John Uooley, south 4Ci degrees west 102 1-10
perches, to stone; thence south 44X degrees east,
190 6-10 perches, to the place of beginning contain
ing one hundred and twenty-five acres and twelve
perches net measure.
Also all that other certain tract of land adjoining
above, beginning at stone in road, thence up said
road, north 44 deg. west, 67 6-10 perches, to stone ;
thence by land of John Uooley, south 40X deg. west,
79 6-10 perces to stones ; thence by land of David L.
Yoder, south 42.14' deg. east, 66 8-10 perches, to stone
In road; thence along said road and by land of
Gideon Yoder, north 40 deg. east, 81 1-10 perches,
to the place of beginnlng-contalnlng thirty-three
acres and one hundred and twelve perches, net mea
ure. The same being subject to .mortgage given to
secure bonds, amounting to f 11,738-34, upon 330O
of which Interest ls due from April 1, 169, and on
balance of said bonds Interest ls due from April l,
1668.
Also, the property known as the Williams farm, as
follows:
All that certain tract of land situate In Derry
township, Mifflin county, Pa., bounded and described
as follows :
Beginning at a chesnut, corner of lands of Philip
Martz, thence by lands of William Uenney and
Samuel McManamy, north 37 degrees west, 193
perches, to a hickory ; thence by lands of Samuel
McManamy, north 17 degrees west, 17 perches;
thence by land of James M. Martin, south 75 de
grees west, 22 perches, to a post ; thence by land of
Johnston Sigler, south 07 degrees west, 189 perches,
to a hickory ; thence by lands of Peter Townsend'a
heirs, south 37 degrees east, 91 perches, to stones ;
thence by land of heirs of John McDonelL deceased,
and Mrs. Mcllvaln, north 60 degrees eaat, 9S
perches, to a post ; thence by land of Philip Martz,
north 70 degrees east, b9 perches, to the place of
beginning containing one hundred and seven acres
and twenty-nine perches of land, aud allowance.
1 his property Is charged with a mortgage, given '
to secure bonds for $1250, with Interest at 6 per
cent, per annum, from November 8, 1868. .
Also, the property known as the Stroup Ore Bank,
In Union township, Mifflin county, containing about
nine aores and elguty-nine perches.
The last named property ls subject to a mortgage
given to secure a bond for liooo, bearing Interest at
the rate of 6 per cent, per annum from July 29,
lbOS.
The terms of sale of the last three described
properties will be as follows: ;
Twenty-live dollars i-i cash to be paid upon each
when they are respectively struck off.
The balance of the purchase money of each to be
paid in cash upon th execution of the conveyance
to the puicha&er.
WJ8TAR MORRIS. 1
JAMES T. voUNU.v Trustees.
LNO .ii LEWIS, )
31. THOMAS A SONS.
6S7 inth lb27
Auctioneers.
. I. EABTOH. . M'MAHOW.
pAHTOfl fc Iff CM A 11 O XV
SUIPPIfrO A VJ COMMISSION MBROHAh TX
Vo. 2 OOKNTIEg BLIP, N.w York,
No. 18 BOUTH WHABVEH, Philadelphia
tto. a W. PKATT BHrt, B&lUmor.
W r piopared to ttiip every doriiuua of Freight to
PbtlaoeliOun, New York. WUuuntoa, end intermediate
poiuU with proniptneb &nd dwixttoh. UeJiel IkMbU lad.
Kteuu4iui farniahedet tae eWt 4 eatioe.
"JOHN FARNUM & CO., COMMISSION MER--
f I chanu ancll Manufacturers of Ooneato lloklDC, eta,
txim CUiLkA U i' fewest, Ptulftdelvhi, 1 what