The New era. [volume] ([Portsmouth, Va.]) 1845-1847, 1846-07-25
SALE OF THE
PORTSMOUTH & ROANOKE
RAIL ROAD
BY PUBLIC AUCTION.

80 Ige,taS e1ts5i 81 G{ 51ss5s,
The Stockholders of the Portsmouth and Roapotke .
Rail Road Company, having at a sperial meeting
convened in the Town of Portsmouth ON the 10th
day of April lust, given their assent 10 sale of the
SAID KJl Road, according TO the provision Of the
" Aetdirecfng The Boord IF Pubic Works 10 sell The
Portsmouth, and Roanoke Rail Road. and incorpora.
ting the pur chdysrs thereof by The name of The SeaJoord
and Portsmouth Rail Road ,"-passcc February " IN
ls46. copy of which is hereto Rubjoncd, -Public
Notice is hereby given to all whom ma concern
that the President and Directors Of the Bcord Of
Public Works will, by their agent proceed on
FRIDAY, the fth day of September rcxt MT ID
O'CLOCK, bcfnrc the Court House o: No, folk county
III the Town OF Portsmouth, 10 sell By pubIic auS,
ton. on the terms, limi,aiions and provisions act
forth in snid act, all the estate. property and et
fecs Of every n"tur" and kind whatsncvrr and
whcresoevcr situated or being, embraced bv the
mortgages executed by the Portsmouth and Ro.
anoke Rail Road Company to the President and
Directors Of the Board of Public Works." pnrticu
lary specified in the said act.
Such title only will be conveyed to tho purchase,
as the Commonwealth has To the said road. proper
BY oROER OF THE PRESIDENT & DIRECTORS
Of The Board Of Public JTorks:
J. BROWN, Jr.. I'd >ndtn".
MEMO The portion OF this road whicn Ii in
North Carolina Is claimed adversely to the mort
cages OF the Board of Public Works by persons
who profess TO hold il under tho VS. Of North Caro-
lima: IL Is to be understood tina, the title TO such
portion is to be adjudcate' according 10 the laws
and by the Courts of that State and must be takop
at the purchasers own hazard
]. r. Jr., 2d Aud.
I'd Auditors Office, July 3D. 1876
The. following is copy of the act referred to in
the fcregoing notice -
CHAT. liS--An ACT di-cctino, tho Ro,rd of pnb
llc Works to sell the Portsmouth and Roanoke
Railroad, and Incorporating the pur cha scrs there
OF by the name of the Scaboard and Portsmouth
Rail Road.
Passed February 81. 1916
l. Be IL enacted. That so soon as the Stockholders
OF me :" Portsmouth and Roanoke Rail Road Com
pany,' or majority thereof, in any general meet
ing, or special a Getting convened for such purpose
shall give their assent to sale of the Portsmouth,
and Roanoke Rail Road, under the mortgages and
on the terms and conditions heroina fer Sc, forth
me PRESIDENT and Directors of the Board OF Public
Works shall sell all the estate property and effects
"i every nature and kind what soever aud wbercso.
ever situated or being, embraced by the mortgages
executed by the Portsmouth and Roanoke Rail
Road Company to the President and Directors of
the Board of Public Works fore<aid: the first d,.
ted tho fourth dav cf MAY. eighteen hundred and
tnitty-eight, recorded in the Clerks Office of Nor
folk County Court, and the second dated the four
tccnth day of October, eighteen hundred and thir-
in the State of North Carolina. together with ali
the franchises, righta privileges and immunities,
belonging or appertaining to the Portsmouth and
Roanoke Rail Road Company, IA we'll in Vira;rio
ms in North Carolina, upon the following terms
The sale to be at public auction. befyrc tic Court
House OF Norfolk County. in the town of Ports
mouth alter sixty days notice the time nd Mace
by advertisement in such newspapers the Presi.
dent and Directors of the Board Of Public Works
may select the purchasers to give bonds with APP
nroved security to the President and Directors IF
the Board of Public Works. for the proceeds nav
able IN six equal annual instal:ncnts The pur.
chasers ,psotacto by the purchase shall become a
oony pohlc and corporate, by the name aud =tylc
OF 1.-The Seaboard and Roanoke Rail Road Compa-
N.Y.; and shall hold, use, enjoy and employ the
koad and all the other property and effects OF
ry nature and kind, as aioresad of the present
Company, with all the franchises ri yhts priyileres
ana lmmunitcs granted to and conferred upon IT,
NJ any umc heretofore by this State and the State
North Carolina in Os
gslature OF this State can transfer them subiect
in all respects, aud IL every thing to ali the din
teS' regulations and penalties required prescribed
ana enjoyed by any law laws now in force re-
specnng the present Company, and SUBJECT to the
provisions of the Act of the General Assembly en-
titled =" an Act prescribing certain general rcou.
lat'ons lot tne incorporation of Railroad Compa-
MES" passed March eleventh. eighteen bundled
and thirty seven The said sale TO be sabiect 10 all
Portsmouth and Roanoke Rail Road Company, and
'he claims OF any other creditors legally entitled to
priority over the mortgages aforesaid the Prcsi
Aforesaid "
. That the nett proceeds OF said sale shall be ap
phcd under the direction of the Superior Court of
Chancery Tor the Richmond circuit, in the suit now
Pehuihg IN sald Court between Francs,E. Rives
and the Boar d of Public Works and Others accord
me TO the c gal priores of the claims of The Board
oil Phbhc W orks under the said nnoroa ces of Nav
the fourth, eighteen hundred and tbjrtv:njbht and
october the. fourteenth eighteen bundled and thir.
niue, and OF the claims of any other creditors of
mum duu hOanOkC Kali Road COmDdny.
VINO shalt In said suit ablish their right To mi
orlty over the said claim Of the Board of Public
works. And if any suit suits in chancery be
now pending, or shall be hereafter brought in any
OF IN; otner Circuit Superior Courts of Law and
Cfancery, or in any of the County Courts of this
cor mon wealth against the Portsmouth and Roa.
i'oke hall Road Company, in which the President
ana Directors OF the Board of Public Works arc or
my be necessary party, the shall be trans.
Nrrea by the Court in which such suit may be
Eendlng, to the Superior Court of Chanccry fer the
Richmond Circuit, to be there proceeded in and de
c'ded Prouided ho,oeuer, That any party to auy
such SUIT or SUITS who may think himself or them
serves aggrievcd by any decree of said Court shall
be entitled to apply for, and if proper to Obtain a
SupG@deds from the court of appeals to such de-
cree precisely as in any other case decided by the
sald circuit Superior Court of Chancery for the
Richmond circuit va
3. The corporate existence of the Portsmouth and
ROANOKE hali Road Company, notwithstanding any
SAFE mat may be made under this act shall be con-
unued so lar as it may be necessary in its name to
conduct, or to institute and carry on any suit ar
SUITS TO It's or their final completion and satsfac
.; ne HJtpHer enacted, That the sale of said Road
9naH De mace by the Board of Public Works in all
not herein before provided for,) as pro-
VIueu IN thc general law passed the eighteenth dr.
OF Mareh, eighteen hundred and forty.one and
ne sal board shall bid for the Road such price as
they shall think the value thereof
o. BE IL further enacted That If at the sale of the
saio portsmouth and Roanoke Rail Road, or at any
une thereafter the State of North Carolina or any
company incorporated in said State for purposes Of
internal improvement, shall become the owner,
eltner, directly or by agent or otherwise of the
SAID Portsmouth and Roanoke Rail Road, hereby
au'horlzed to be sold, of the said Seaboard aud
Roanoke Rail Road, the General Assembly of Vir-
gina hereby reserves the right, by special act Of
'eglslature or otherwise, to- revoke all .he powers
privileges and immnnities TO be conveyed by the
sale 81 said Road, and to declare the null and
void.
g. BE further enacted, That ii shall he the dutv
OF the Hoard of Public Works of Virginia and tbey,
are hereby required, so 10 regulate, from time 4,
time the fare for passengers each Rail Road be-
tween Weldon and Portsmouth, and between Wei
don and Petersburg, as to prevent IN iniurions
competition by reducing the fare on, or bv either
Of the said Roads, either by direct levynr of such
frrc or by any combination or arrangement with
any other Rail Road or stage Inc or l2itb r,, Ii
of Steamboats, on the Cbesdbcake Bay for such re-
ducCn OF faro; and in reference to the fact of such