The daily union. [volume] (Washington [D.C.]) 1845-1857, 1845-06-17

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Zeiber, w. b.
AZ The inland postage, on all letters intended
70 20 oy ship, must be paid, otherwise they remain
G. X. GARDNER, p. M.
Public Sale Of the Monroe Railroad and
Banking Company
s Gre Decree Of The Special Jury in rsls
Banking Company.
WE, the jury, find and decree, that the Monroe
wv railroad from Macon to its terminus at Mar
thasvic, in the county of Dekalb, both the part
thereof which has been completed and in operation,
and the part thereof which is in an unfinished con-
diton, and all the property, equipments, and effects
Herewith connected, is subject to the payment of
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-
barrassmens, is unable to complete said road, and
keep the same in operation, to answer the great
public objects contemplated by the legislature We
further find that there creditors Of various de-
scrpons 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
railroad, and creditors claiming to be mortgage credi.
tors of said company, and all other creditors not
here enumerated; and that there are among them
creditors claiming priority Of right in respect to
their demands: and further decree that the said
railroad, and all the property, equipments, and eff
fecs, Herewith connected, and all the property be-
longing to said company, and all the rights, prvi-
leges, and franchises. in any manner belonging or
appertaining to said Monroe Railroad and Banking
company, be sold at public sale the courthouse in
the county of Bib, by David G. Campbell, Abner
P. Powers, James A. Nisbet, Samuel B. Hunter,
and Thomas Hardeman, commissioners, or a majo
rity of them, on the first Tuesday in August next,
after giving two months public notice in the ga
zettes Of Macon, Griffin, and Savannah, and that
the proceeds of said sale be paid to the clerk ofhs
court, who is required to deposit the same for safe
keeping special deposit in the agency Of the
Mechanics Bank, in The city Of Macon, and that
public notice be given to the creditors of said
pany TO file their respective claims, or schedule
thereof in the clerks Office of this court, by the
first Monday in October next; and that the said
creditors my controversy should arise respecting
said claims, then litigate among themselves in re-
spect to all objections which would or might have
been available against them by sail company If said
sale had not been made in relation TO matters of
set-of, and whether they be subject to objection on
account of the statute of limitation, performance
Of contracts, or other cause, embracing the quanum
of consideration paid for the claims or any Of them;
and also that the liens claimed by the respective
creditors be then and there also investigated and ad-
Indicated; and further decree that the purchasers
Of said railroad succeed to all the obligations Of said
company in respect TO the completing, equipping
and keeping the said road in operation as intended
and designed by the act of incorporation, but not to
exteRd TO q liability Of debts contracted prior to
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, them, in the said company, that the
title be transferred by said commissioners in the
same manner 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
sadly n ationf for he limo I'M
tween the day Of the passing Of this decree and the
day of SALE the receipts the said road be applied,
and that if said receipts should not be sufficient for
said purpose, the balance lie paid from the pro-
ceeds Of the sale aforesaid; and further decree,
that William B. Parker, as trustee in charge Of said
road and appurtenances until the slle Of the afore
said property is completed, make monthly returns
Of the amount Of receipts thereof and file the same
with the clerk Of this and also of accounts for
keeping the same in repair ard nperation exhibit
ing a specific statement Nv zach nf the number and
description Of officers, agents, and bands employed
thereon; the value Of the h re of each per month,
and the quantity, quality nnl value of materials
purchased subject TO the examination and approval
of the court and the coats ard other expenses be
paid from the proceeds Of sale.
JAMES DEAN, Foreman.
A true extract from the minutes OF Bib Superior
Court, May term, 1916.
HENRY G. ROSS, Clerk.
y
will sell before the courthouse door, in the city of
Macon, on the first Tuesday in August next, at IL
O'Clock, M, the whole line Of the Monroe railroad
from Macon to MarthasviIle in the county of De-
Kalb, and all the properly, equipments, and effects
herewith connected, and all the property belonging
to said company and all the rights, privileges, and
franchises in any manner belonging or appertaining
TO said Monroe Railroad and Banking company,
embracing only the road but the various depots
workshops, warehouses, engines, cars iron, tools,
equipments and all and everything appertaining and
belonging TO said road.
Also the entire assets belonging to said Monroe
Railroad and Banking company, embracing sub
scriptions for stock unpaid, including the subscrip-
ton of the State Of Georgia for 5000 600, and all
debts. demands, and claims of every kind and de-
scription, due TO or belonging to sud Monroe Rail-
road and Banking company, a full schedule
which may be seen application 10 M. L. Gray
BILL at the office Of said company.
The length Of the road is l0l miles, the whole of
which is graded to its junction wis, the Western
and Atlantic Railroad. The stperstrucnre has
been completed on the whole road, except four and
a half miles. The road is in 70 Jonesborough
eighty 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
he paid Immediately to the commissioners; and on
failure of purchasers to comply, so much of the
property as may be bid off by such dcfaulting pur-
chssers, will beforhw,h resod At their risk
The Savannah Georgian and Republican, and
the Georgia Jeffersonian win please copy the fore
going weekly until the day of sale, end render their
accounts TO the commissioners
DAVID C. CAMPBELL,
ABNER p. POWERS,
JAMES A, NISBET, Commissioners
SAMUEL b. HUNTER,
TIOS. HARDEMAN.
Macon, Ga, May 26, lsl5
June l6-tds
VIZ HoLEsALE AND RETAIL CLOTH
w EMPoRIUM.--We have just received
few pieces Of superfne woo-dyed black Cloths that
canuot be eouaed in point OF beauty and cheaPness;