The New era. [volume] ([Portsmouth, Va.]) 1845-1847, 1846-08-20
SALE OF THE
PORTSMOUTH g. ROANOKE
RAIL ROAD
BY PUBLIC Auction.
80: $50 800 s $500 80 ST. 81.

CSAhO AOC4kV.N.
,ss:ss2 gsss ssss faa Sd 81.
The Stoc kholders of the Portsmouth, and ROANOKE,
nan Road Company, having special meeting
convened in the Town of Portsmouth ON tho I0,b
day OF April last given their assent to sale of The
said KAN Road, according to the provisions of tho
" Act directing he Board IF Pubic tporks 10 sell Inc
PoTtswo"M and Roanoke Rail Road and incorpor1
ling NE purchasers thereof By the name of he Seafoard
and Portsmouth Rail Road, ''-passco Februerv " n
iSio' copy oil Which is hereto auhjpined,-Public
Notice is hereby given To- all whom 1t ma concc,n
that the President and Directors of the Bnrd oi
Public Works will, by their agent nrocced an
FRIDAY, the 9TH day of September next 1T ! ,
O'CLOCK before the Court House of No, folk county
IN the Town OF Portsmouth, To sell bv public am,
ton. on the terms, limitations, aud provisions got
i"rth in said act, "all the estate, pr opery and ct
feris of every n'fur" and kind Whatsoever and
wheicsoevcr situated OF being, embraced bv tho
mortgage: executed by the Portsmouth and Ro
an"ke Kail Road Company to the President and
Directors of the Board OF Public Works" pnrtiru
iarly specified in the said act
such title only will he conveyed to the purchase,
as the Commonwealth has Ia the said road prupeI.
BY ORDER OFTtE PRESIDENT DIRECTORS
Of The Board Of Ppbiic Ifrorks:
~ j. BROWN, Jr., I'd Auditor
MEMO The portion of this road which Ii = in
North Carolina Is claimed advcrsclv To tb, mort
cages of the Board of Public Works bv persnns
VINO profess to ho1 it under tho laws OF North Caro-
ma IL Il to be understood that the title TO such
portion Is to be ndjndicuch according to the laws
and by the Courts of that State and must be taIc
at the purchasers own hazard
I'd Auditors Office, July Sd, 1916.
The following is copy of the sct referred to in
inc foregoing notice =
CHAP. llS.-An ACT directing he Board of Puh
nc Works TO sell the Portsmouth and Roanoke
haiiroad, and Incorporating the purchasers there.
OF by the name of the Seaboard and Portsmouth
Rail Road.
Passed February o. 1916
BE AZ enacted That soon as the stoc khoIdcrs
OF thc :" Portsmouth aud Roanoke Rail Road Conn
pany' or n"Jority thereof, IN gene raj meet.
ing. or Spcca! u Getting convened for such purDose
shall give their TO a sale of the Port.nnntb
and Roanoke Rail Road, under the mortgages, and
on the terms and conditions hereinafter sat f,rth
me PRESIDENT and Directors OF the Board OF Public
Works shall sell all the estate property and effect.
"i every nature and kind whatsoever, and whcr so.
ever situated or being, embraced nv the mortua cs
cN'uteh by the Portsmouth and Roanoke Rail
Road Company to the President and Directors of
the Board OF Public Works aore-aid the first dn
ted the fourth dav of MAY eighteen bnnd-ed anil
thirty recorded in the Clerks Office of Nor
folk County Court, and the second dated the four.
tcenih day OF October, eighteen hundred and thir.
~ nine. recorded in the Countv.Court of Halifax
IN the State of North Carolina, together with ali
tho franchises, rights, privileges aud immunities
nc'ohg,ng or anpertaiuing to the Portsmouth and
Roanoke Rail hoad Company, a we'll in Virginia
Us in North Caroiina, upon the following terms :.
the sale Ia be at public auction. before the Court
House OF Norfolk County. ia the town of Port.
by advertisement in such newspapers "a the Presi
dent and Directors of the Board of Public Works
may select the pnrchascrs to give bonds with APP
proved security to the President and Directors If
the Board OF Public Works, for the proceeds nav.
able In six equal annual instanenis. The pur.
Shasers ,psoJdcto by the purchase, shall become
DooY poitc and corporate, by the name and stvle
OF The Seaboard and Roanoke Rail Road Gonna
ny;' and shall hold, use, enjoy and employ the
ROAD and all the other property and effects of eve
ry nature and kind, as aforesaid of Tho present
Company, with all the franchises rights privilepcs
and irnnunlties granted to and conferred uron il
at any time heretofore oy this State and the State
OF NORTH carolina, In as ample manner as the lie
glsature of this State transfer them subiect
IN all respects, aud in every thing to ali the do
ties regulations and penalties Gcquired, prescribed
and enjoyed by any law laws now in force re-
spectng the present Company, and subject to the
provisions of the Act of the General Asscmbl en-.
titled " an Act prescribing certain general reGu
iations for the Incorporation of Railroad Gonna
mes passed March eleventh. eighteen hundred
and thirty The said sale TO be subject To = II
mortgages and deeds o: trus, executed bv the
Portsmouth and Roanoke Rail Road Company aud
the claims of any other creditors legally enitled In
priority over The mortgages aforesaid to the prcsi
dent and Directors Of the Board of Public Works
Aforesaid
. That the nett proceeds of said sale shall be an
Piled, under the direction of the Superior Court nf
Chancery Tor the Richmnhd circuit. in The suit now
pt ndlng IN SAID Court between Francis T.. Rivrs
and the Board of Public Works and others accord
ing to the legal Drorties of the claims of tho Board
o tubhc Works under the said mortgages of Nav
October the fourteenth. eighteen bundled and thir
ty-ninc, and of toe claims of any other creditor
the Portsmouth and Roanoke Rail Road Company :,
VINO SHAT IN said suit rstab h their right to- n pr
orlty over the said claim Of the Board of Public
w Orks. And if any suit or snits in chancerv bc
now pendlng, or shall hf hereafter brought in any
OF The other Circuit Superior Courts of Law and
Cdanccry, or in any Of the County Courts OF this
commonwealth, against the Portsmouth and Roa
nokc Ran TOAD Company, in which the President
and Directors Of the Board of Public Works are or
may be necessary party. tho same shall be trans.
lerred by the Court in which such emit NAV bc
pending to the Superior Court of Chanccry fcT the
kIc inoud Clrcuii. to be there proceeded i'm ana dc
clded PTorided ho,oeUtr, That any partv tn apy
SUCH SUIT or suits who may think himself or iheu
Sc YES aggievc by any decree of said Court sha II
be entitled TO apply for, and if proper TO obtain a
supTScdeds from the court OF appenls to such de-
cree, precisely in any other case decided NV the
SAID Circuit Superior Court of Chancery for the
Richmond circuit.
B. The corporate existence of the Portsmouth, and
Roanoke Rail Road Company notwithstanding any
sale that may be made under this act shall be con.
unue' so lar as " nny be necessary in its name to
conduct, to institute and carrv on anv suit or
suits, to its or their final completion and satisfac.
ton.
d. Be it. ftviier enacted, Thar the sale rsa;, Rod
shall be made by the Board OF Public Works in ali
respects. (uot herein before provided fo, ne n,o.
vidcd in the general Law passed the eighteenth day
of March. eighteen hundred and fortv.onc: and
the sal Board shall bid for the Road ar n nr;cc as
they shall think the value thereof
o. BE IL further enacted, That if at the sale Of the
Sdlu J w tS"VN'' ""u teOahpke kHli Road
tine thereafter. the State OF North Carolina or anv
company Incorporated in said State for purposes O.
internal improvement, shall become the owner
either, directly or by agent or otbo,u.isc or a.
said Portsmouth and Roanoke Rail Road hereby
authorized TO be sold, or Of the said Scaboard and
Roanoke Rail Road, the Genctal Assembly of Vir.
GINA hereby reserves The right, by special act Of
Legislature or otherwise, to revoke all che oowers
privileges and immuuities TO be conveyed bv the
sale Of said Road and to declare the same nulI and
void.
6. Be itfurther enacted. That it shall be tho dp,v
of the Board of Public Works If Virginia and ,bey
are hereby required, so to regulate, from time to
time the fare for passengers on each Rail Rond be-,
tween Weldon and Portsmouth, and between wei
don and Petersburg, as to prevent an iniurious
competition by reducing the fare on, or by citbcr
OF the said Roads either by direct levyng of such
fare or by any combination or arrauoe,rcr, ,,,;,L