The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-08-18
SALE OF THE PORTsnoUTB AND
ROANOKE BAILROAD, IN PUBLIC
AUCTION.


the 10Th day OF April last, given Wen e1t"s :"
Of de "Aei directing The board Of puOhe works 10
sell the Portsmouth and Roanoke Railroad, and m
cooperating the purchasers mefeo, ~ me name u
inc oeaoosru ,"ls $50 ~ ~ }.
Feo'uaiy 80, - -. - =, IN .',.-,.
yolnea, Puv,' IT,, ~ n.ss,d9yssa'd go
h".y,d ~ nnhlr xya,l. v;I ly ,hsi, 80, $780,
on FRIDAY. The Alb day Of SEPTEMBER
NEXT, at u O'Clock, before the courthouse OF
Norfolk county in the town Of Portsmouth, 10 sell
by public auction, on the terms, limitations, and pro-
~, and effects Of every nature and kind whatsoever
and vheresoevsr siuialsd or being embraced by the
mortgages executed by the Portsmouth, and Roam
oke Railroad Company to the president and direc-
tors Of the board Of public works" particularly
specified in the said act.
sueb tide onlv will be conveyed TO the purchaser
as the Commonwealth has 70 the said road, proper.
erty. &c
n, o,,y nj A., r,,d,,t and directors of The board Of
p,,bHe ,ooyk,, - =
J. BROWN, IT,, ID Auditor.
MEMo.-The portion OF this road which lies in
North Carolina is claimed adversely TO the mort
aggrs az Inc hoard of public works by persons who
n1ofoss 10 hold IL under the laws of North Carolina
Ia RI M he undersiord tIa the lille 10 such portion IL
10 be adiudeaied according to the laws and by the
courts ofth State and must be taken at the puT-
s.b..s,,. o,yn hazard JB ir I'd Aud
Cd aaditor,s Office July I'd ls46.
The following is a copy of the act referred to in
Ia foreeoiog notice.
10 AN A VT s;...,,.., ,hs hoard If n,b-
OhAr NaS
lie work TO sell the Portsmouth ana ROANOKE
railroads, and Incorporating inc purchasers thereo
by the name OF inc oeaooard ana ro'shou'n
railroad -E.. ........ ...
Passed February 81, 1876. ..
l. r, u enacted, That so soon as the stock
hoIdsrs of the portsmouth and Roanoke Rail-
- comnaovn or n majority thereof in
anx general meeting or special meeting convened
for such purpose shall give their assent 10
81. az The Portsmouth and Roanoke rail
ro,J nnder the mortgages and on the terms and
conditions hereinafter SET forth the president and d.
recors of the board of public works shall sell all the
$3.50. nronertv and effects. of every nature and
Mind vbatsoeyer. and wheresoeyer situated or be-
;na e,nhraced bv the mortgages executed by the
ps,,sn,on,h ana Roanoke Railroad Company 10 the
sa.;Jaa, snd d.c,ors az the hoard of public works
Psesa.sia. ~ a., da,sd The fourth dav of NAV
s;sh,.sn bnnd,sd and ,birtv-eiybt recorded in the
49, "a. ~ No,foIL co,,ntv court and the see
"a as,ad ,hs eon1,,sn,h dav of October eighteen
I Ina I'D ,h,r,v-n;,s reco,ded In The County
no,'r, ~ UsIfsY in The STATE of North Carolina
,oss,hsr Win aI ihe franchises rights privileges
snS iomnni,iea. belonging or appertaining TO the
Portsmouth and Roanoke Railroad Company, a.
well in Virginia as in North Carolina, upon the fol-
fore the courthouse Of Norfolk county In the town
of Portsmouth, after sixty days notice Of the time
and place by advertisement in such newspapers
the president and directors Of the board Of public
works may select the purchasers give bonds with
approved security to the president and directors OF
the board of public works, for the proceeds, paya-
BILE in six equal annual insalments. The purchasers
ip,o facto by the purchase shall become body polite
and corporate, by the name and style Of "The Sea-
board and Roanoke Railroad Colnpany;p and shall
A :. A II.
other properly and effects Of every nature and kind
as aforesaid OF the present company with all the
franchises rights privileges and immunities grant
ed 10 and conferred upon II, at any time heretofore
by this State and the State Of North Carolina in as
ample manner as the Legislature of this s ate can
transfer them subject in all respects and in every
thing to all the duties regulations and penalties re-
qured, pre- scribed and enjoyed by any law or laws
now in force respecting the present company and
subject TO thr provisions Of the act Of the general
assembly eltt''-d in prescribing certain gen.
eyal reeuiaii for III incorporation of railroad com.
panies," passed March eleventh, eighteen hundred
and hrty-seyen line said sale to be subject to all
mortgages and deeds OF trust executed by the
Portsmouth and Roanoke Railroad Company and
the claims of any other creditors legally entitled TO
priority the mortgages aforesaid, to the presI-
dent and directors OF the board OF public works
aforesaid.
9 That the nett proceeds of said sale shall be ap-
oli.d under the direction of the superior court of
rbaneerv for the Richmond circuit, in the suit now
pending in said court between Francis E. Rives ana
The board of public works and Others according to
the legal prioritios of the claims of the board OF
public works under the said mortgages Of May the
fourth, eighteen hundred and thirty-eght and Octo-
ber the fourteenth, eighteen hundred and thirty
nine and of the claims Of any other creditors of the
Portsmouth and Roanoke railroad company, VINO
shall IN SAID SUIT estaplsh tneu sgnt 10 priority
over the said claim OF tne BOARD OF pubic works
And II any SUIT or SUITS IN ehancery DC now pend
ing, or shall % hereafter Drought IN any OF the
other circuit superior courts Oh law ana cnahcery'
or IN any OF the county courts OF tnis common
wealth, against the portsmouth ana ROANOKE raiE
road company, In when tne president ana directors
OF the board OF pubic WORKS are or may De a ne
cessary Party lhe same shall DC uansierrea oy the
court IN winch such SUIT may De Pending 70 me su-
penor court OF chancery ior me richmond circuit,
IT,, M ,ar.u 70 snv sych AMI, a. s';,s 1ho
nav ,h;nI h;nsalf ~ themselvss arrrsved INV anv
dscyee Of said court shal be entitled to anny for
and f nroner 10 obtain ,,.persed,os from the conr
of snneaIs n such decree nrecsev 40 in anv o,ber
case Decided bv the a,id circuit spner;or cor, nj