The States and Union. [volume] (Ashland, Ohio) 1868-1872, 1871-06-28
Masters Sale

GALE OF TIE ATLANTIC AND
. GREAT WESTERN RAILROAD,
AND OF THE LEASEHOLD INTER
EST of the Atlantic and Great Western
Railway Company, the Atlantic and Great
Western Railroad Company, the Atlantic
and Great Western Railroad Company of
Pennsylvania, and the Atlantic and Great
Western Railroad Company in New York,
IN THE CLEVELAND AND MAHON-
ING RAILROAD.
In pursuance of an order of sale to me di-
rected by the Court of Common Pleas of
Summit County. Ohio, upon a judgment in
a certain action prosecuted If said Court,
wherein John r. Penn was and is plaintiff,
and the ATLANTIC and Great Western Rail
way Company and others, defendants, 1
shall offer at public sale on the Goth day of
July, A. d. 1871, between the hours of II
o'clock A. NJ. and 4 o'clock P. NJ, of said
day, at the door of the Court House in Ak
ron, in said county of Summit, in order to
satisfy said judgment, the following proper
ty, that is to say
FIRST. All the railroad of said Atlantic
and Great Western Railroad Company, and
said Atlantic and Great Western Railway
Company, beginning at the point in the line
between the States of Ohio and Pennsylva-
mia, in the county of Trumbull, where said
Railroad joins with a railroad of the same
| u LII l1S tdk vi Siioy III AbN -
tending through the counties of Trumbull,
Portage, Summit, Medina, Wayne. Ash
land, Richland, Crawford, Morrow, Mari
on, Union, Champaign, Clark, Green, and
into the county of Montgomery, as far as,
and Including the terminus or said road IN
the city of Dayton, and the Silver Creek
Branch, and all other branches of said rail-
road in the State of Ohio, and all the right
! of way, and the lands occupied thereby, and
| the superstructure AMI the tracks thereon,
and all the iron rails, ties, and other mate
rails laid thereon, and all bridges viaducts.
c~ulverts and fences, and all grounds and
premises used or designed to be used for
depots, stations, shops or otherwise, for the
purposes of said railroad, or branches, and
all the buildings thereon, and all the appur-
t~enances belonging thereto, including ma
chinery therein, and all other and whatso-
ever in said counties belonging to said Com
panies or either of them, and all the rights,
privileges and franchises of said Atlantic
and Great Western Railroad Company, and
of the Atlantic and Great Western Railway
Company in the State of Ohio, including
the right to maintain and operate the said
railroad and branches, and to demand and
receive compensation for the transportation
of passengers and property thereon.
SECoND-Also, two hundred and forty
seven three hundred and Lightweight (247-
1881 parts of all engines, tenders, cars, tools,
machinery, materials, and all other person.
al property; right thereto, or interest there
in, owned by said Atlantic and Great West
ern Railway Company, and which is either
now used, or procured to be used, upon or in
connection with its broad gouge tracks of
railroad in the States of Ohio, Pennsylvania
and New York.
THIRD-Also, the entire leaschold inter
est of the Atlantic and Great Western Rail-
way Company, the Atlantic and Great West
orn Railroad Company, the Atlantic and
Great Western Railroad Company of Penn
~sylvania, and the Atlantic and Great West
ern Railroad Company in New York, in the
Cleveland and Mahoning Railroad, acquired
under the leases from id Cleveland and
Mahoning Railroad Company, bearing date
the It'll day OF October, A D.. 1863, and the
26th day ofSeptember, A.. D. 1865, also all
the engines, tenders, cars, tools. machinery,
materials, and all other personal property,
right thereto, or interest therein, used or ro-
cured to be used, upon the narrow guage
track of the Cleveland and Mahoning Rail
road, or in connection with the business of
said narrow guage tracks, and also all the
lots and lands purchased and held or leased,
and held by said Atlantic and Great West
ern Railway Company, or by Robert b. Pot
ter, as Receiver, or by said divisional COM
panies, or eithero of them, for the accommO-
dation of said Cleveland and Mahoning
Railroad, including as well that which is
! particularly described in the twenty-eighth
paragraph of the second Special Report Of
Samuel Williamson, Special Master Com
missioner, FLED in said action, as in any 9TH
er that may nave been purchased or leased,
and is now held for the purposes aforesaid.
by said companies, or either of them, or by
said Potter.
All ofsaid property, franchises, and appur-
tenances, mentioned and described in the
first and second paragraphs ofthis advertise
ment, and two hundred and forty-sevent three
hundred e~ighty-eighth (247-3SS) parts Of
that mentioned and described in the third
paragraph thereof, Will be sold subject to the
lien and incumbrance OF the mortgage exc
cuted by the Atlantic and Great Western
Railroad Company to Azariah G. Fl-gg
and Charles J. Stedman, and of the mort
gage and deed of further assurance, executed
by said Company to Azariah &. Flagg and
Frederick Schuchardt, amounting to the sum
of S1.191, 655.50 for overdue coupons on the
first day of March, A. D. 1871, and for inter-
est thereon to said last named day, to the
further sum ofS20 i,09C.94, and to the fur
Their sum of $50, 928.05 for coupons which
fell due on the first day of April, A. ID. III,
and also to the further sum of S3,74O,OO0.0O
in the bonds of said Company secured by
said mortgage, and mortgage and deed of
further assurance, which Will become due
and payable on the first day of October, A
d. 1876, bearing interest at the rate of seven
per cent. per annum, payable s~emi-aunuaiiv
on the first day ofeach October and April:
until the principal of said bonds shall be
paid and also subject to all the restrictions
upon the sale or other disposition thereof,
until such lien is ~extinguished which now
exist against said Railway and Railroad
Company, and any and all parties TO said
action; and also subject to the further pro-
vision contained in said Judgment, that the
lien of said mortgage, and mortgage and
deed of further assurance, shall extend to
ard embrace all requirements and renewals
and all property subsequently, acquired and
placed upon said premises by the purchaser
or purchasers at this sale, or by their sue
cessor or successors and assigns, for the ac-
commodation ofthe business ofsaid railroad,
and comprehendcd within the descriptions
of said mortgage and mortgage and deed of
further assurance.
All of said property, and appurtenances
mentioned and described in the third para
graph of this advertisement will be sold
suhject to. the stipulattons contained In tho
aforesaid leases from the Cleveland and Ma
honing Railroad Company, and also to the
incumbrance of the chatteL mortgage to said
last named Company, specified in said Judg-
ment, upon the narrow gauge rolling stock
therein mentioned.
The whole property wiz be sold as an en-
tirety, and not less than one hundred thou
sand dollars viii be required to be paid in
cash to the undersigned at the time OF safe.
The property will not be sold at less THANH
two-thirds of the appraised value thereof.
The property, franchises and appurtenan-
ces mentioned above, subject to the liens
mentioned above, are appraised at &c.
653, 233.