Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1845-11-28


an Monday, the 29lh day OF December next, by
" virtue OF decree OF The Court OF Equity for
Wake County, al It's Autumn Session, ls45, in 4
suit of The Governor, for OF The Stale Of NoriU
Carolina, loiorecose a Mortgage, heretofore ex-
ecuted by the Raleigh and CASTOR Rail Road Com
pany, 10 indemnify the State against certain La
biilies toI said Company, will sell, al Public
Auction, al The Court House door in The City oil Ra-
leigh 10 the highest bidder The whole property othe
Raleigh and Gaslon Rail Road Company afore-
said, ESQ far as the same is known 10 me,) con-
sisting OF SIS miles OF Rail Road reaching from The
CITY of Raleigh 10 Castor, on The North side of,he
Roanoke River, in The direct line o.. public con-
vevance 10 Petersburg, City Point, Richmond
Washington City, Baltimore, &c, &c, together
with all Bridges, Depols, Workshops and Tools,
Warehouse, Water Stations, Engines, Cars, &c,
SC. Also, the stock OF Iron, Lumber and Fire
Wood, which may then be on hand, and all other
articles owned ard used By said Company Tor
keeping up said Rail Road, and transportation on
the same From the nature ol the property, will
be sold IN mass.
The purchasers, by the terms OF The Decree, and
the Acl OF the Legislature in relation 10 it, will be-
come, ,pso lacto, 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 it, for the term Of 50
years, which its Charter has yet 10 lun. These
franchises and privileges are Of the most advan-
tageous kind 10 the Company, and may be found
al large in their Charter, contained in the ID Vo-
lume ofthe Revised Statutes Of North Carolina
page 299, which is 10 be seen The Seats OF Go
vernment, and in most OF the Public Libraries %
the States OF the Union.
The whole purchase money must bear interest,
al the rate off per ceni. per annum from he.day OF
sale and be paid as follows 10 wit: S25 900 at the
end OF six months and The residue in four install
ments. al intervals OF Ten months each-say
Isl, a9lh june 1916, $4,000.
2nd 29lh April, 1917, one fourth OF the remain
der
81, 29lh February. 1913, one fourth OF do.
9TH, the 18th OF December, lS!S, one fourth DIDO.
9Th, the 29lh oil October, 1919, one fourth Of do
The cost Of Ibis Rail Road and its appurenan-
ces, completed only FIVE years since, was
s, 500,000-one half Of which was borrowed;
creating a debt bearing interest, on failure
10 pay which, sale has become necessary
The grading, bridges, depos, Sc, are execu-
ted in an excellent style of worIma nship.--
Cars run daily over ii, carrying the mail OF The
United States, (it being a part OF The Southern
metropolitan roule,) at compensation OF Sl0O
per mile, or 81, 700 per annum. And, trayerslng
2 fertile region Of country through nearly It's
whole length lis ireshts for the 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 prof, on
The large sum expended in its construction, its
income has been increasing for some time past,
and il is confidently believed, that il would pro-
duce reasonable return upon a more moderate
amount of capital invested in lis purchase.
The sale will be made ar,it0pt rescyrg al the
time and place aforesaid, al which those in
clined 10 purchase are respectfully invited to at
tend.
The purchase money must be secured BY bond
with approved .ureties. The title will be retained
as further surely until the payment OF the pur-
chase money, but possession given Immediately.
CHARLES L. HINTON,
Public Treasurer OF the Slate of North Carolina,
and Special Commissioner Of the Court OF Equ-
", in this canse.
Raleigh, N. G., Oct. l4--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 SEQ
acres, very fair proportion OF which consists OF
excellent wood land and low grounds, large
quantity Of improved high land, with good build
ines, and all necessary Improvements for COM
Portable residence. IL is situated within one mile
OF Prince Edward Court House, two miles from
Hampdef Sidney College, and seven miles from
Farmyille. These places furnish constant and
excellent market for all ofits productions. There
is no place in Virginia more entirely healthy, and
no society superior in intelligence and morality
10 that in lis immediate vicinity It's nea'ness 10
the Court House and College, afford superior Ia
clities for education. There are TWO nourishing
female schools, and one male school, al the Cour,
House.
The oversecr will show The premises 10 any
nerson wishing 10 see them. Persons wishing 10
purchase. will address the subscriber al 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. 5. CARRlNGTON.
Ipl Il-ctf