The Morning herald., 1876-09-29
PUBLIC SALES.

DUBLIC SALEM. THOMAS q SONS,
i Auctioneers.
THE WILMINGTON 4 READING RAIL
ROAD.
In the Circuit Court OF the United States
in and for the Eastern District OF Pennsyl-
fisii EDMGSD III; D. RANDOLPH,
THE w14MiseroS & READING
,,.., RAILROAD co. AND OTHERS.
Under and by virtue Of a decree entered
the6th dayof ] June, AID. 1879, in the abovesuit
and In the exercise of the power conferred
upon us under mortgage Of THE WILL
MINGTON AND READING RAILROAD
COMPANY, dated March 3, a. d, 1858, the
undersigned trustees to whom all the ne
cessary authority in the premises has been
given by said aecree and mortgage, will on
| the I'd day of October, A. D. lS76at l2o clock
| noon, at the Merchants Exchange, in the
due or outcry, as one entire lot, the Rail
! road OF the Wilmington aud Reading Rail-
| road Company, extending from point on
the line of the Philadelphia and
| the county of Ierks. in the State Of Penn.
sylvania to the city of Wilmington in the
| State of Delaware. with all rights privileges
| lmmunities and franchises Of the said vii.
mington and Reading Railroad Company
| under aay and all grants from the State Of
Pennsylvania, but exclusive of the fran
chises granted by the state of Delaware, TO-
getler with the equipments thereof. con-
IlErt.aE OF all the locomotives, cars and roll
.og ssick belonging to said company and
| or as ID in connection with Or for the con-
1t1ueGiOn, completion and maintenance OF
| said railroad, together with al( the bridges.
culverts, side-tracks, depots depot grounds,
! other structures and improvements Of eve
| ry kind and description acquired and erect
| ed or connected with said railroad whether
in the States of Pennsylvania or Delaware.
The said property will be sold clear Of all
incumbrance subsequent to the lien of said
mortgage.
TERMS OF SALE.
| The property will be sold to the highest
and best bidder, upon his signing the con-
ditions of sale, paying one hundred thou
sand dollars(slOO,OO0) cash of the purchase
money at the time the property is struck
after the confirmation of the sale by the
u. 8. Circuit Court for the Eastern Dis
trict OF Pennsylvania. Provided, however,
| that the settlementrOf the balance OF the
to the undersigned Trustees for the divi.
dend on the balance of the purchase money
| WI ich may appear to be payable on any of
the bonds and matured coupons of the Will
mington and Reading Railroad Company
secured by the mortgage of March 8, 1858,
wnicn may De held by the purchaser or pur.
chasers, and the delivery Of said bonds to
the undersigned. Upon the confirmation
of the sale by the Court, the purchaser or
purchasers, upon a full compliance with
the conditions of sale and order of the
Court made or to be made touching the
payment of the purchase money, shall be
entitled to take and hold all the purchased
property, rights, franchises and appurten-
ances, free from all claim or demand o. the
Wilmington and Reading Railroad Compa-
ny. or any one claiming under them, there
on or thereto by way Of equity of redemp-
ton or otherwise.
| GEORGE BROOKE, 1ru,,.o,
| A. GIBBONS, I1russees
GEORGE RICHARDSON.
| CAARLES HART (Of Counsel with
CHAPMAN BIDDLE. the Trustees.
NJ. THOMAS & SONS, Auctioneers.
Nos: l39 and lil South Fourth Street, Phil'a