National Republican. (Washington City (D.C.)) 1872-1888, 1878-03-04

g the highe.t bidder the rot ms Of the ChnmbeT o.
af M e e %N6 h 6HfS 5b s ea
IN he ss vs ana Sw 4 2n
xirsns . pon % Inc Ohio Fysi p de 500 q
IVES; yiIginsH together with all its EitANcHtsEs.
GHislH A f6R EIffSsi3S ssladG TRSEcaN
nuiIpiSe ss' Sna fHSR RSEiSo sfStT
MAIERIALs and o,her PR9PEhIr; real and PeT,
G 5n IN ,hS nysniory and r;pors made SS
posing to s at iSs oSS " the OS fS
Ss ore .ns ssia"i%s, 10 say, an and singular tRs
PREMISE. .n,brncci in the Ilortsnee to the Board
gsa Genital a harPsd GS%y SS'rns aa, S,S On
all and sngular the grrmlses, rights. priyiiesesl
s 81 hpssis e'laas H9S STREsS'9 Is
land, and James Lyons, executed BY ftll Virginia
y ~ Ina one Sd s sSEs di fS on ni .
rsh.i pry b and ansh;es iScpae sna cod s
Boscrt Howison executed BY sa!L yrgna Cen n
rSSry isss az AND sinsnf The p prcms light, and
privileges and franchises INCLUDED and conyeyGd IN
BaIieS Duncan SS Wa@ orion, aud Mathew Z Maui
~ by the Chesapeake ind Ohio railroad Company;
sscs included snd eSsvaysd ssd IS lie @
COMPANY to 70 PSiio c. Calhoun and William Butler
al Sfs snHs Se on 5ee @ de S
and franchises Included aud conveyed in and BY the
FSfoss cSn,psns to sSo aid PSS & Calhoun "nS
WILLIAM x Kitchen, bearing dale on the list dnv OF
Ali which viii 10 sold as an entirety, ffee and dis.
ssSs Of S@S % ss sns ns % 81
and each CHI and eSs ns 81 sad Sse O. q
aud snsSar q, lens OF every RiSd and ar.cption
in said DEGREES found and reclei except the LENS tor
,ablshed, and the lien Tor the Certificates Of indebted
ness Of the receiver for the payment of the errears q
c.rincaies shall remain unrad At Tho time Of ale.
THE TERMS OF "a LIE WILL DE AS FOLLOWS;
The , shall pay on the day o. se or Mh
days ~ the undersigned may designate on the day OF
900 In ci,sh but any sums which The Receiver shall
~ the meantime have applied out OF any earnings o.
llslroad Company, OF to such other purposes a. the
orders OF Tho court. and any sums Which, al the
~ ~ , dsys ne may ~ have veil ssnd
be ducIed from the amount 80 required. to 10 p'dd
FOR so much Of the purchase money a. shall be
equal to ihe balance Of The interest due and accrued
Com any at The date Of tic trus,-dse Teinaner
mentioned, as directed to he made for the security
thereof and rs may be then unpaid and unpfOvideh
iUr Uhc amount whereof will be estimated rs ary
Is To le allowed Of three years IRON day or sale in
equal annual lnstnllmens. with Interest thereon at
| annually
FOR the further sum OF four hundred aud eighty.
lars and Ninety cents tsisiSSsGC. Representing lie
principal sum due under the trSt-,ccd to Young and
ioEmd and stated to be due in Ire eghtn par graph q
said dccrt.s) and also for any Add tonal sum which
eighth pnragraph mcniioucl: thc am unis whereof
E EnoT Ss on dal OF sss wiz SeF 81 f rts o
eight hsr csn,mm psr annum payable ~,
sents The rincipa OF he eight pr cent lons OF the
| Virginia Genital Railroad Company and with inter-.
Of sH Fer ceninin per annam iaya6le s"Si annually
For thc farther sum Of one million eighteen thou:
outstanding under lie nust-deed mortgRgc 10 ".
10 s sas a F FnG %SEs Of ef ne Sr
to be allowed from the date Of sale until The Is! day
The said sevcrnl sums for which credit as a1v ntT
bonds which may be issued as hereinafter mSnt'rn"d
faction Of the Court. all and singular the premise
sold, constituting lint lien thereon, 10 be- execute,
by the Court simultaneously with the delivery Of Ii,
| CONVEYANCE Of the premises to the purchaser.
fine sad irns, deed snal BY It's terms maintain ant
different classes Of bonds Of the said Virginia Contra
Obligations represeSiins liz several sums in qeSpect !,
which credit Is 70 be given as aforesaid shall he ere
Titled to receive the same; and IN OF any dis
GgreemeI!s ~ 70 the i.rm and Tenor therro, III,
Sppc s De 70 sSSbs Re purS e or ore SGb
az 10 S %
srld several sums ~ rc,p"ct Of which credit 70 b
ofthe Virginia Central iiairoad Company. Tie srv
ay Sy srre Snd sas a ms .S to f n n M
The sail deed of trust and 10 be secured by the lrl
thereof, when and to the extent that the SINH
be inorscd with the certificate Of the trustee In sal,
CceGIng in the aggregate the nggrgate amount Of tn
exis Ing Indebtedness OF the Virginia Cenlru Rail
and ext ens,s with Interest accrued and to ncrru,
thereon. aud the amount which has been accrtnin"t
gnia Tor arrears oraxes, and Of such denomination
nn! Tenor rs r'll purchaser OF his representative Of
nHSigis may determine.
rue sad ounds ure 10 be endorsed by the truste,
when requested, to the effect that they are secured h,
tie Ten thereof, ~ tie extent and amount that AM
part of the said existing indebtedness Of the Nirni
cIns Hnd expense, or Hrr"aTs 0rtSxrs shall hnY 6reI
previously paid OH or upon tho receipt by him Of IN
urtchdrr to him OF M equivalent amount IL The obi
cations required To ;" given by the purchaser h In
Company for that par of tho purchase. money iO
| vii ch credit Is to he allowed.
rhc get Revenues and "argIng' Of the property ac
CTuig between the date o. sale I the vrylnre NJ
pms"''lon inilc pur'n'cr or purchasers his or the
disposed % in pursuance Of the orders Of the court
win be npprnprH.cd aud applied under direction o
chaser or purchaser, his or their representative, Of
nSriE,is anu, IN ne hrs! parf, Toward The raymrl
iS TO- ih n r % a. rain OF ~ aTIi
road Company. or toward TIC payment OF any install
nienls OF interest lhHt may h,r"nr due aud pHSRb'
nnce nfthe prun"ry to the purchaser IN such order
| the Court may direct.
For much of the purchHs,-mOucy rs may be aT-
pllgu!c To the payment at The due interest III,
| bonds secured by the mortgages ar trust deeds exc
| CuIcd by the Chesapeake aud Onto Railroad COmpan,
| To Dmian and Calhoun and Calhoun and Kitchen
respectively, In the ratio aud proportion by said ,
CretS established, Crtst IL to h. allowed OF lively,
years irOn dat" Oi safe; but the undersigned will re-
cove nom The purchaser or purchasers, his thp
representatives, assigns The inter- st coupons OF liz
said bands IN payment at such rate per Crnum Of IA,
lar value OF tie said coupons ~ will he payable til,
holders Ol such coupons upon the distribution of III,
proceeds OF sale uudcr the rrvr;es VI lien q, by SAC
| DEGREES settled md determined.
| For 50 much VI the purclluSe-money may he Rp
plictblp TO the payment of the principal Of said last
mentioned bands In the ratio and proportion by SAID
DEGREES established the purchaser purchasers his u
their representatives or Assigns Will he allowed
credit for such part tieTcurnH viii b. due and payable
In respect Of each ass OF bonds Tor Iprud of tlmC
corresponding 10 the time which each class rcspcc
| lively has yet tuTun before the maturity thereof
| THAI portion of the puTr money which may be
applicable 10 the payment of the inturct due nj the
date Of sale and 10 the nclpAl Of the bonds undo
the said two deeds last nbOv, mention d In respected
which cT'lil Is wen. or much thereof MAY re-
main outstanding and uHpTDvidpd for at the daIe OF
Ia, conveyance 10 the purchaser, must he secured by
deed OF trust or mortgage, executed to tho sllsfIC
ton OF the Court ranking next In priority alter tho
Hens 10 he created tor the security Of the deferred ray
| ments hcrrnh+fOre mcnti ned, which mortgage 1I
hOud-hOldeTS Ia sid lrnsl-ueElS to duncan and Cal
huWn and Ia Calhoun aud Kitchen IN the ratio and
proportion by sad dctrsS established, ID inter II
on the sums for which credit Is allowed aforesaid
centum icr annum ut such time the Court MAY
| direct.
Iftnr promise should sell FOR u sum more than suE
fCent 10 pay aud satisfy all the liens above men