The daily union. [volume] (Washington [D.C.]) 1845-1857, 1845-06-16

Young, Miss E. 7. B. Young, Richard
Zeiber w. B.
ny, The inland postage, on all letters nt.nd.,
to go by ship, must be paid, otherwise they remain
in this office.
June Is, lsI5
Public Sale of the Monroe Railroad and
Banking Company.
GEORGIA, ! Decree of the Special Jury in re
Bib county. ton to the Monroe Railroad 's ~
Banking Company.
1--WE, the jury, find and decree, that the Monrs
w railroad from Macon to its terminus at Ma,
thasyille, in the county of Dekalb, both the nan
thereof which has been completed and in operation
and the part thereof which is in an unfinished eon
Edition. and all the property, equipments and efec,
therewith connected, is subject TO the payment II
the debts of the Monroe Railroad and Banking COM
pany--that The said company is insolvent and Who'll
y unable to pay its debts aforesaid, and from its en-
barrassments, is unable to complete said road, and
keep the same in operation, as to answer the great
public objects contemplated by the Legislature Wa
further find that there are creditors of various de-
scrptions of said company, viz holders Of the bank
notes issued by said company, holders of bonds is
|sued for work and materials for said road Judgment
creditors, creditors holding certificates Of deposit
demands for work, labor, and materials for said
anu 10 Dc mortgage
tors of said company, and all other creditors no,
here enumerated; and that there are among them
creditors claiming priority of right in respec, to
their demands: and we further decree that the said
railroad and all the property, equipments, and ef
fecis herewith connected and all the property be-
longing to said company, and all the rights, priv.
eges, and franchises, in any manner belonging Or
appertaining to said Monroe Railroad and Banking
company, be sold at public sale at the courthouse IN
the county of Bib, by David c. Campbell, Abner
IP. Powers, James A. Nisbet, Samuel B. Hunter
and Thomas Hardeman, commissioners or majo
rity of them on the first Tuesday in August next,
after giving two months public notice in the "a.
zettes of Macon, Griffin, and Savannah and Ra,
the proceeds of said sale be paid to the clerk ofhB
court who is required to deposit the same for SAFE
keeping on special deposit in the agency Of tn.
Mechanics Bank, In the city of Macon and That
public notice be given to the creditors Of said com.
pany to file their respective claims, or schedule
thereof in the clerks Office of this court, by III.
first Monday in October next; and that the sad
creditors, if any controversy should arise respecting
said claims then ltigate among themselves in re-
Rspect to all objections which would or might have
been available against them by said company il said
sale had not been made in relation to matters Of
set-o, and whether they be subject to objection on
account of the statute of Imitation nonperormance
of contracts, other cause, embracing the quantum
of consideration paid for the claims or any of them
land also that the liens claimed by the respective
creditors be then and there also investigated and ad
iudcated and further decree that the purchasers
Of SAID railroad succeed to all the obligations Of said
company in respect to the completing, equpping
land keeping the said road in operation as intended
and designed by the act of incorporation, but MOTTO
Mextend to liability of debts contracted prior 10
said sale !; and that, after said sale, upon de.
mand or notice, the stockholders in said COM
pany transfer to the purchaser the stock held by
him. her, or them, in the said company, or that the
title be transferred by said commissioners in the
same manner as is provided by law for the transfer
of bank stock when sale thereof is made by the sher
if and we further decree, that for the keeping Of
said road in operation for the time intervening be-
tween the day Of the passing of this decree and tho
day of sale, the receipts the said road be applied
and that if said receipts should not be sufficient for
said purpose, the balance be paid from the pro-
leeds of the sale aforesaid; and further Decree
that William b. Parker, trustee in charge of said
road and appurenances until the sale of the afore-
said property is completed, make monthly returns
of the amount Of receipts thereon, and file the same
with the clerk of this court and also of accounts for
8keeping the same in repair and operation, exhibit
ling specific statement in each of the number and
description of officers, agents. and hands employed
thereon; the value of the hire of each per month
land the quantity, quality and value of materials
Npurchased, subject 10 the examination and approval
of the court; and the costs and other expenses be
JAMES DEAN, Foreman.
true extract from the minutes of Bib Superior
HENRY G. ROSS, Clerk
BY virtue of the above decree, the undersigned
will sell before the COURTHOUSE door, in the city Of
Macon, on the first Tuesday in August next, at y
O'Clock, M. the whole line Of the Monroe railroad
from Macon to Marthasvie, in the county Of De-
Kalb, and all the property, equipments, and effects
Htherewith connected, and all the property belonging
In said mr. nd all rights ivilo md
franchises in any manner belonging or appertaning
to said Monroe Railroad and Banking company,
embracng not only the road, but the various depots
workshops, warehouses, engines, cars iron, tools,
Equipments and all and everything appertainng and
Mbelonging to said road.
Also the entire assets belonging to said Monroe
Railroad and Banking company, embracing sub
descriptions for stock unpaid, including the subscrp
ton of the State Of Georgia for 100000, and all
Ndebts, demands, and claims of every kind and de-
scription, due to or belonging TO said Monroe Rail
road and Banking company, full schedule oil
which may be seen on application to M. l.. Gray
bill, at the Office Of said company.
The length Of the road is 101 miles, the whole OF
which is graded to its junction with the Western
Nand Atlantic Railroad The superstructnre has
been completed on the whole road, except four and
half miles. The road is in use to Jonesborough,
|eghty miles, and is equipped with five locomotive
engines, three passenger cars eighteen freight cars
wheels and axles for eight other freight cars, and
one stationary engine. The terms of sale CASH to
be paid Immediately to the commissioners and on
failure Of purchasers to comply, SC, much Of the
property as may be bid of by such defauling pur-
chasers, will be forthwith resold at their risk.
The Savannah Georgian and Republican, ana
the Georgia Jeffersonian, will please copy the fore
going weekly until the day of sale, end render their
accounts to the commissioners.
DAVID G. CAMPBELL,
ABNER P. POWERS,
JAMES A. INSECT, Commissioners,
III SAMUEL B. HUNTER,
THOS. HARDEMAN.
Macon, Ga, May 26, l845.
June I6--tds
By II. Green, .Auctioneer. 49,
INVALUABLE BUILDING LOTS AND
Nv HOUSE AND LOT AT AUCTloN.-11na