The New era. [volume] ([Portsmouth, Va.]) 1845-1847, 1846-07-09
SALE OF THE
PORTSMOUTH & ROANOKE
RAIL ROAD
HsY PUBLIC AUC'TNOe.

RAIL ROAD
BY PUBLIC AUCTION.
go eSsgs9 go CT &Ha 81 o.
me Stockholders of the Portsmouth and Roanoke
nan Road Company, having at a special meeting
convened in the Town of Portsmouth on the io,b
DAY ct April last given their to sale of tho
Act directing the Board Of Public FORKS 10 sell be
Portsmouth and Roanoke Rail Road, and incornora
ing NE put chase, thereof by e name Of he SeaGoard
ls46. copy of which is hereto sutoined,w Pnbic
NOTICE is hereby given to all whom 1t may concern
mat The President and Directors of the Board of
Public w orks will, by their agent, proceed ON
FRIDAY, tho 18th day of September next. AT ID
O'Clock, before the Court House og Norfolk county
! IN the Town oil Portsmouth,, to sell by public auc
ton, on the terms, limitations and provisions GOT
forth in said act all the estate, pi opertv and ni
iects OF every nstur" and kind Whatsoever, and
whercsoever situated or being, embraced by the
mortgage: executed by the Portsmouth and Po-
anoke Rail Road Company to the President and
Directors of the Board of Public Wcrls - n,r t;cm
lary specified in the said act
such title only will be conveyed TO the purchase,
as the Commonwealth has to the said road, proper.
BY ORDER OFTHE PRESIDENT & DIRECTORS
Of The Board Of Public Works:
,, j BROWN, Jr., I'd Auditor
MEMO The portion of this road which Ii n. in
North Carolina is claimed adversely To The mort,
cages of the Board of Public Works, by persons
who profess to holi il under the In US of Nr,i, c.,
portion is to be adjudicated according to the laws
and by the Courts of that State and must be taken
| at the purchasers own hazard.
j. 49, Jr., Cd Aud.
I'd Auditors Office, July Sd, 1916.
The following is copy of the act referred to in
the foregoing notice.
CHAR lls.-Au ACT directing The Board Of Pub
I,c Works to sell the Portsmouth and Roanoke
Railroad, and Incorporating the purchasers there
OF by the name of the Scaboard and Portsmouth
| Rail Road
PASSED February o. 1851
ne a. enacted That 80 soon as the stockholders
| OF the " Portsmouth and Roanoke Rail Road Com
pany," or majority thereof In any general meet
ing or special Getting convened for such purpose
shall give their assent to sale of the Portsmouth,
| and Roanoke Rail Road, under the mort GA gcs and
on the terms and conditions hereinafter set forth
the President and Directors of the Board of Public
Works shall sell all the estate property and effects
of every nature and kind whatsoever. aud whercso.
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 aforesaid; the first da.
| ted thc fourth day of May. eighteen hundred and
thirty eight recorded in the Clerks Office of Nor
folk County Court, and the second dated the four
tcenth day OF October, eighteen hundred and thr-
ty nine, recorded in the County Court of Halifax
| in the State of North Carolina together with ali
the franchises, rights privileges aud immunitics
| belonging or appertaining to the Portsmouth and
Roanoke Rail Road Company, we'll in Virginia
as In North Carolina, upon the following terms
the 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 adver tisement in such newspapers as the Prcsi
dent and Directors of the Board of Public Works
may select, the purchasers to give bonds with an
| proved security to the President and Directors of
| the Board of Public Works, for the proceeds nav.
able in six equal annual instal:ncnts. The pur.
chasers ,p$oJd by the purchase, shall become
/ body polite and corporate, by the name aud stvle
of The Seaboard and Roanoke Rail Road Gonna.
| N.Y. and shall hold, usc enjoy and cmolov The
Road and all the other property and effects of eve
| ry nature and kind aforesaid of tho present
Company, with all the franchises rights privileges
Ian al .tfn,,n tics Il 10.
at any time heretofore by this State and the State
OF North Carolina in as ample manner a. tho L.
gislsture of this State can transfer them, subject
in all respects, aud in every thing to ali tho In
ties regulations and penalties acquired prescribed
and enjoyed by any law or laws now in force re-
| specting the present COMPANY n nd sub;ect 10 tbo
| provisions of the Act of the General Assembly, en-
! titled an Act prescribing certain general regu
| laIons fot the Incorporation of Railroad Gonna.
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 Ia
priority over the mortgages aforesaid 10 tho Prcs;
| dent and Directors Of the Board of Public Works
| Aforesaid
, That the nett proceeds Of said sale shall he an
piled, under the direction of the Superior Court of
Chauccry for the Richmond circuit in the suit now
| pending in said Court between Francis r. Rivcs
| and tho Board Of Public Works and others accord.
ing to the legal priorites of tho claims of the Board
! Of Public Works under the said mortgages of Nav
the fourth eighteen hundred and thirtv .cicbf "a
ty-ninc, and of the claims of any other creditors of
| the Portsmouth and Roanoke Rail Road Companv
who shall in said suit establish their right to pri
GRITTY over the said claim OF the Board of Public
| Works. And if any suit or suits in chancerv he
now pending, or shall be hereafter brought in any
| OF the other Circuit Superior Courts OF Law and
| Cbanccry, in any Of the County Courts of This
commonwealth, against the Portsmouth and Roa.
! noke Rail Road Company, in which the President
| and Directors of the Board of Public Works are or
may be necessary party, the shall be trans
| Icrred by the Court in which such auit NAV be
Penolhg, to the Superior Court Of Chanccry fer the
Iinond Circuit. to be there proceeded in and de-
s ,"L FToutded hoceUtr, That any party to any
I it or suits, who may think himself or therG.
81 ~ y, icVeh by any decree Of said Court shall
,..,a 20 apply for, and if proper to obtain
@ otus" rom the court Of appeals 10 such de-
III y. as IN any other case decided bv the
| Richmond circuit W N'""'c'S 'or iuc
o. me corporate existence OF The Portsmouth, and
Roanoke ran koad Company. notv itbstandino, ar,,
sale that may be made onder this act sbaII he 80
tinucd so FAR az II may be NECESSARY in ~, ~
conduct, or 70 institute and carry on snv suif ~
suits, to its or their final completion and SG.S OF
! ton. ~ S"uS''c-
a. BE IT, further enacted That the sale Of said pos
| shall be made by the Board Of Public VEL ! nodn
respects, (no herein before provided for = s ~ "a
vidcd in the general law passed the eighteenth R g
of March. eighteen hundred and forty.one. ~ 80
the said Board shall bid for the Road such price W
| they shall think the value thereof
g. BE II further enacted That if at the sale Of the
sald Portsmouth and Roanoke Rail Road, or ut anv