Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1845-10-17

FOh oftLE
ON Monday, the 29h day OF December next by
~ virtue OF a decree OF the Court OF Equity Tor
Wake County, at its Autumn Session, ls45, in 4
suit Of the Governor, for OF he Stale OF North
Carolina, 10 foreclose a Mortgage, heretofore ex-
eculed by the Raleigh and CASTOR Rail Road Com
pany, 10 indemnify the Stale against certain liza
bii,ies ioI said Company, will sell, al Public
Auction, al the Court House door in the City oi RAJ
leigh, iohe highest bidder, the whole property THE
Raleigh and Gason Rail Road Company atolc-
said, $50 far as the same is known 10 me,) con-
sisins OF IS miles OF Rail Road reaching from The
CITY Of Raleigh 10 CASTOR, on The North side the
Roanoke River, in The direct line OF public con-
vryance 10 Petersburg, City Point, Richmond,
Washington City. Baltimore, &c, &c, together
with all Bridges, Depots, Workshops and Tools,
Warehouse, Water Stations, Engines Cars, &c,
&c. Also, The stock Of Iron, Lumber, and Fire
Wood, which NAV then be ON hand and all other
articles owned and used by said Company for
keeping up said Rail Road, and transportation on
the same From the nature OF the property will
be sold ea masse.
The purchasers by the Terms OF The Decree, and
the Act Of the Legislature in relation 10 ii, will be-
come, ipSo fscio body corporate, by the name
and style OF the present Company, and will ac-
quire all the franchises, privileges, rights and i'm
munilies now possessed by ii, for the term OF SO
years, which its Charter has yet 10 Iun. These
franchises and privileges are OF the most advan-
aseous kind 10 The Company, and may be found
al large in their Charter, contained IN The "a Vo-
ume oflhe Revised Statutes of North Carolina,
page 300, which is 10 be seen THE Seals OF Co
yernment, and in most Of the Public Libraries OF
The States OF the Union.
The whole purchase money must bear interest,"
at the rate ol6 per cent. per annum from The day OF
sale, and te paid as follows, 10 wiz S25, 600 al the
IL. H., s.t ~
mems, al intervals OF ten months each-say
lsl Goth June, 1876, S25500.
2nd, 29h April, 1877, one fourth OF the remain
der.
81, 29th February. 1913, one fourth OF do.
9TH, the 29lh OF December, lS4s, one fourth DIDO.
5,h, the Doth OF October lS49 one fourth Of DO.
The cost OF this Rail Road and lis appurlenan-
ces completed only five years since, was
81 600,000-one half Of which was borrowed;
creating debt bearing interest, on failure
To pay which, a sale has become necessary
The grading, bridges, depos, &C., ale execu-
ted in an excellent style oil worsma nship.-
Cars run daily over it, carrying the mail OF The
United States, Git being part OF the Southern
metropolitan route) at compensation OF 800
per mile, or S. 700 per annum. And, taversing
fertile region Of country through nearly It's
whole length lis irei2hiS for ia" transportation OF
Produce and Merchandise. independently OF the
receipts from Passengers, afford considerable
addition TO the ordinary sources OF profits on
Railroads. Though not now yielding profit on
the large sum expended in its construction, lis
income has been increasing for some lime past,
and il is confidently believed that il would pro-
duce a reasonable return upon more moderate
amount of capital invested in lis purchase.
| The sale will be made c,ftoM rcs0rs, al The
time and place Aforesaid al which those in
! cncd 10 purchase are respectfully invited TO at
tend.
The purchase money must be secured By bond
with approved .Grciies
CHARLES L. HINTON,
Public Treasurer oil The Stale Of North Carolina,
| and Special Commissioner Of The CouJl ui Eqni.
~, in this cansc.
Raleigh, N. c., Oct ll-c2m
A DESIRABLE ESTATE FOR SALE.
TIME subscriber offers for sale the estate lying
i near Prince Edward Court House, known
as Springfield The tract OF land contains 800
acres, very lair proportion Of which consists OF
excellent wood land and low grounds, large
quantity of improved high land, with good build
nes, and all necessary improvements for COM
Portable residence Ii is situated within one mile
OF Prince Edward Court House, two miles from
| IIampdes Sidney College, and seven miles from
Farmvle These places furnish constant and
e1cellcn, market for all offs productions. There
is no place in Virginia more entirely healthy, and
no society superior in intelligence and morality
TO that in lis immediate vicinity. lis nearness 10
the Court House and College, afford superior Ia
cilcs for education. There are two hourshing
female schools, and one male school, at The Court
| House.
The oversccr will show The premises to any
person wishing 10 see Them. Persons wishing 10
purchase, will address The subscriber at Farm
vile, Prince Edward county, Virginia.
TERMS One third cash, on delivery Of the
deed, and the residue in one and two years. For
the deferred payments, bond and security will be
required. CHAS. $. CARRlNGTON.
| July lief