The New era. [volume] ([Portsmouth, Va.]) 1845-1847, 1846-07-28
SALE OF THE
PORTSMOUTH & ROANOKE
RAIL ROAD
RY PUBLIC AVGTgON.
ss9 s Gs a8a SD

RY PUBLIC AUCTION.
ss s ss aa9aa SD
The Stockholders of the Portsmouth, and Roanoke
Rail Road Company, having at Il special meeting
convened i'm the Town of Portsmouth on the IOtb
day OF April last, given their assent 10 sale of ibe
sad Rail Road, according TO the provisions of the
" Act directing The Board Of Public VorkS 10 sell fbe
Portsmouth and Roanoke Rail Road, and incorDora-
ling The pur chdsrS thereof BIZ The name of The SeaboorJ
ara Portsmouth Raj Road ,"-passcd February 9th
lsd6, copy OF which is hereto suhjoined Public
Notice is hereby given to al whom il may concern
that the President and Directors of the Board of
Public Works will, by their agent proceed ON
FRIDAY, the 4th day of September next nj ID
O'Clock before the Court House o: Nor folk county
in the Town of Portsmouth,, Ia sell by public auc,
ton, the terms, limI;ntions. aud provisions cot
forth in said act, "all tho estate, property and ai
fects Of every n"turH and kind whatsoevrr and
wheresoevcr situated oc 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." particu.
larly specified in the said act.
Such title only will be conveyed To the purchase
as tho Commonwealth has TO the said road, proper
BY ORDER OFTHE PRESIDENT & DIRECTORS
of The Board Of PHbiic Vorks:
j. BROWN, Jr.. Sd Auditor.
MEMO The PORTION of this road which Ii in
North Carolina il claimed a ivrrsclv to In, mort
cages of the Board of Public Works by persona
who profess to hod it under the laws of North Caro-
lima IL IL to he understood that the title to such
and by the Courts nf that State and must be taken
at the purchasers hazard
j. r. Jr., I'd Aud.
I'd Auditors Office, July Sd, 1916.
The following is a copy of the act referred to in
the fore going notice: =
CHAR. llS.--An ACT directing tho Boarl Of pnb
lie Works 10 sell the Portsmouth, and Roanoke
Railroad, and Incorporating the purchasers there
ct by Oh" name of the Sesboard and Portsmouth
TPasscd February Of 1916
L. BE IL enacted, That SO soon as the stockholders
of the " Portsmouth and Roanoke Rail Road Com
pany," OF an'hjorty thereof. ia any general meet
ing or special Ii Getting convened for such purpose,
shall give their assent to sale of the Portsmouth,
aud Roanoke Rail Road, under the mort GA ges and
the terms and conditions herena fter Sc, forth
the President and Directors OF the Board Of Public
Works shall sell all the estate. property and effects
"i every nature aud kind whatsoever and whcrcso-
ever situated or being, embraced by the motga ges
executed by the Portsmouth and Roanoke Rail
Road Company the President and Directors of
the Board Of Public Works atorcsaid the first da
ted the fourth day Of May. eighteen hundred and
tnrtv-eight, recorded in the Clerks Office of Nor
folk County Court and the second dated the four
tccnth dav OF October eighteen hundred and thir-
" nine. recorded In the Cuuu Court of Halifax,
in tho State of North Carolina, together with all
the franchises, rights, privileges and immunities
belonging or anpertaining 10 the Portsmouth and
Roanoke Rail Road Company. we'll in Virginia
ms In North Caroline, upon tho followinr terms
me sale To- be at public auction. before the Court
House of Norfolk County, in the town of Ports
mouth after sixty days notice of the time nd place
by advertisement in such newspapers as the Prcsi
dent and Directors If the Board Of Public Work,
may select, the purchasers to give bonds with ap
proved security to the President aud Directors If
tho Board of Public Worya, for the proceeds nav.
ape IN SIX equal annual iusta;ncuis. The pur-
Chascrs tpSo tdcto by the purchase, shall become
body poliic and corporate, by the name aud stvl,
of Tho Seaboard and Roanokc Rail Road Gonna.
nv;" and shall hold use, enjoy and employ the
Road and all the other property and effects of
ry nature and kind aforesaid, of tn, prcscni
company with all tho franchises rights privileges
and immunities granted to aud conferred upon il
at any timo heretofore by this State and the State
OF North Carolina, in ample "A manner as the lie
glsiature "f tins state can transfer them, subject
IN all respects aud in every thing, to all the du
ties. regulations and penalties required, prescribed
and enjoyed by any law or laws now in force re
spect'ng the present Company, and subject to the
provisions of tho Act OF the General Assembly en-.
titled g an act prescribing certain general rrgu.
lHtons Tor the incorporation of Railroad Cumpa-
Mes passed March eleventh. eighteen hundred
and thirty seven. The said sale to be subject to all
mortgages and deeds of trust executed bv the
Portsmouth and Roanoke Rail Road Company and
the claims of any other creditors legally entitled TO
priority the mortgages aforesaid to the Prcsi
dent and Directors of the Board of Public Works
Aforesaid.
piled. under the direction of the Superior Court of
Chancery for the Richmond circuit, in the suit now
pending n said Court between Francis f. Rives
and the Board OF Public Works and others accord
ing to the legal priorities of the claims of the Board
OF Public Works under the snid mortga ncs of Nav
the fourth eighteen hundred and thirty.cirbt md
october the fourteenth, eighteen hundred and hir.
tynue and of the claims of anv other creditors OF
the Portsmouth and Roanoke Rail Road Company
who shall IN said Su est abiiSh their ght To a pri
orlty over INC SAID claim of the Board Of Public
Works. And if any suit or suits i'm chancery be
now pending or shall he hcrca fer brought in any
OF the other Circuit Superior Courts of Law and
Ch"nccry, or in any Of the County Courts of thia
common wealth, against the Portsmouth and Roa.
noEc ltai' TOAD Company, in which the President
ana Directors OF the Board of Public Works are or
may be necessary party. the same shall be trans.
fcrred by the Court in which such suit NAV lie
pending, 10 the Superior Court of Chanccry fer the
hc inond circuit. to be there proceeded i'm ana de-
dcd Proutded ho,ceUer, That any party to any
such su1t or suits, who may think himself or them
sc've5 agg' ieved by any decree of said Court sh,
DC cnti'c" 10 apply Tor, and if proper, 10 Obtain
supT SedeGs from the court of appeals To such de-
cree precisely as in any other case decided by the
Richmond circuit
3. The corporate existence of the Portsmouth and
Roanoke Rail Road Company, notwithstanding any
sale that may be made under this act shall be con.
tuuci so far il may be necessary in its name q,
conduct, or to institute and carry on any suit or
suif, to It's or their final completion and satisac.
q. BE HJtvbLer enacted, That the sale Of said Road
shali be made by the Board OF Public Works in all
respects not herein before provided for) as pro.
waco IN TIC general law passed the eighteenth dcy
OF march, eighteen hundred and forty-onc and
,ne san BoHrd shall bid io the Road such price MS
they shall think the value thereof
o. BE ii further enacted That if at the sale of the
said PORTSMOUTH and Roanoke Rail Road or at any
time thereafter, the State of North Carolina or any
company incorporated in said State for purposes o
lntcrnai improvement, shall become the owner.
clther1 directly or by agent or otherwise of the
said Portsmouth and Roanoke Rail Road hereby
authorized TO be- sold or Of the said Seaboar and
ROANOKE Kali Road, The General Assembly Of Vjr-
g'nia hereby reserves the right by special act Of
legislature or otherwise, TO revoke all The powers
privileges and immuuitcs TO be conveyed by the
sale of said Road, and to declare the same null aud
void.
6. BE it, ttrdter enacted That il shall be tho dp,v
of the Board of Public Works of Virginia aud thee
nrc hereby required, to regulate, from time t,,
time, the fare for passengers each Rail Road be-.
tween Weldon and Portsmouth, and between Wei
don and Petersburg, rs to prevent an iniurion.
COmDCtItiOn bv reducing he faro -