New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-05-10
NOTICE of FORECLOSURE SALE Of
~ RIGHTS, PROPERTIES, and FRANCHISES Of the

TRANSIT COMPANN.
Whereas Transit Railroad Company corporation aed
by act ofhe Legislative Assembly Of the Territory Of Mime
it, corporate seal and deliver William Window the County
Wnona and John H. Harmon Of the County Of Ramsay and
FIRST mortgage bondhoders said Company for the purpose Of
securing mortgage bonds Of said Company to be issued
lS5 payable the first day Of October 1853 in denomna
ton Of thousand dollars each amount not exceeding in
the aggregate the Of nine million five hundred thousand
dollars aud exceeding the Of thirty thousand dollars Tor
each and every mile said Railroad bearing interest at the rat
Of seven per per annum payable semi annually In the City
of the days April and October Of each and
S S TO d %P and Hs
mon in trust aforesaid joint tenants and not as tenants
The entire RsIosd Of aid COMPANY from Wnons in the State
Of Minnesota via St Peter to point on the Big Sioux River
depot grounds taonhouses other buildings and structures
right of way bridges egyerts fences ties rs eha
and all other property and estate then owned held which
we carr Of kind machinery tools i'm
Elements materials wood fuel and all other like property then
Company all which therein declared to he appuen
and fixtures Of said oad also all the profits revenue
privileges and mmunities Of said Company or which might
seae be 1Gos se or mixed of ysy
kind and nature which then owned or might there
be acquired and all the right title or interest whether
legal equitable which said Company then held or possessed
which might in any manner thereafter acquire in and to that
portion Of the lands of the United States which BY virtue Of the
Congress therein mentioned approved March A. d.
1851 and the act of the Legislative Assembly of the Territory Of
Minnesota therein mentioned, approved May w. A. d. 1885,
granted or intended to be So to said Company subject to
therein mentioned of the
State Of Minnesota and the rights Of the State under by virtue
Of the same.
And whereas said Company has delivered 10 said State Of
Minnesota hundred Of said first bonds in denoni
nations thousand dollars each which now held by said
State;
And in and by said deed the trustees therein
named authorized and directed upon the written request Of
the Governor Of sid State within sixty days after the
OF interest said first bonds the occurrence
any other default sell and dispose OF all the premises prop
critics rights and franchises therein enumerated and conveyed
all appurtenance thereto aud all benefit and equity Of
redemptiOn Of said Company therein pubic auction
notice published for four successive weeks In
papers published In the City of New York and in
newspapers published in the City OF st Paul and whereas In
the neglect refusal Of said trustees TO make such sale
authorized and in and by said trust deedto make
and be made such foreclosure and sale and for and In
the Of said Company TO execute good and sufficient convey
Of the premises property tights and franchises OF the said
Company.
And whereas the interest upon mortgage bonds de-
verd and held by the State became due and payable the
day of October A ID. 1883 and default made in the
payment thereof and whereas the seventeen thousand
said upon said first bonds and
whereas the Governor OF the State did the fifth day OF DE
cembeT d. 1853 make written demand and request upon
each Of said trustees proceed oTccose and sell such
critics lands and franchises and whereas said trustees have
neglected and still do neglect proceed such foreclosure and
sale;
Is hereby given that by virtue of the power conferred
upon Governor Of said State by said trust deeds and
the in this made and provided will sell
be sold public auction all the properties rights
Capital the City of St. Paul and State Of Minnesota the
23d day Of June next nine o'clock In the forenoon OF that
day. . 90 - 50, 4,
dsy of Anil A d. 1860 ALEX RAMSEY, Governor.
GoRDoN L. COLE, Attorney General Of Minnesota.
m10 1aw4wTh