National Republican. (Washington City (D.C.)) 1872-1888, 1878-02-12


No Sis' street, rec M n De ely
%$SI y: s$s' ssl!!s SS,yS ~ N
en he JAIME, River below RieSsond. il De STATE o.
EIai5Is' %sb ,fiSISSt NJ. y v TShS
BRi1dEs. and all other rights and privileges ghai!
iaGYfT K !se n,d SGNR9n gs5plTn Sn
MATEftiXfs and other PHoPERrY. real and per!
sonal, a more particular description whereof Is
rSss4er under tEs Gsa ' Witch
E at ONCE y the O 2ecl gssG"i
Ore ot ,be ssaSGt SN y ali "s the
PREMisEs embraced in the inortsass to Tie board
Of Public Works o. Virginia, executed ~ the VIZ
The is day Of April $50 including the rights ;priyi.
leges and iranchlses embraced in yNd mortgage;
snd H. Ifanel,es !ncSdsS and ,SoRSsyea e and
e. I G W ts % By II 3s
SSen'fa s Malnrona Company bearing date on the %
q 81 prVs aa sns sasGsI ss snd con-
yoyed 10 and by the trustdeed to John n Young and
Railroad dsS ON The q Fes
@ al sa nsIr The sns ss spa
md by The iru,t;dsed TO Philo G Calhoun. William
p By ths GhssSpssEs and OHIO R.liroad Company,
bearing date on the list day OF October, 1855; all and
Il enS By anS
executed ~ ssid Chesageaks and 9hio RaLIroa .i
Duncan bearing date the 18th day Of January, is7e
and s Sna ssssr e sT ,sh pry E
rns,dssd s1scu,sd BY said neape"ke Snd Ono
%ill,am x: Kitchen, bearing date the Isi day OF
All which viii be sold as an entirety, free and dis
the sad oral mortgages aud deeds Of trust aud OF
norsSses and se and dscharseS Of md rom al
snsr IN e s9 O. f.d aud
aSes therein referred t@ Y any such liens shai, be e,
Of the receiver or The payment % the arrears q
taxes due TO the state OF Virginia u OF the said
certificates shall remain unpaid at the time OF sale.
THE TERMS OF SALE WILL BE AS FOLLOWS:
The purchaser shall pay on the day of sale. with
such q, short time thereafter no, exceeding ninety
saie, the sum Of two hundred thousand dollars en-
ne e S have sppr w o ge nm eesor ss
the road amer The Say 81 sale 70 The Interest due and
Railroad Company, or TO such other purposes as The
| same may have been properly applied under the
praion o. The sHd ninety days he may have IN hand
s, SSynSg hs & Of operating hs road shall
For 50 much Of the purchase. money a, shall be
on the obllgai9ns Of the Virginia Central Railroad
mentioned, as directed 10 be made Tor the security
thereof and as may be then unpaid and unprovded
as possible and made known at day OF sae.l credit
s to be allowed o. three years rom day q sale, in
the nate OF six per tentum per annum, payable semi
annually.
FOR The further sum Of four hundred and eighty.
seven thousand 1--we hundred md seventy eight dol
aTs and NINETY u cents mn ~ rsPTesn1ins the
and a SH 10 ne pc S La 81 sI ss ssye
said decTeesJ and also Tor any additional sum which
may be due on account ofany ofthe claims ia the said
will be ascerRined as n,nriy AS possible and made
known on day OF sae) with Interest al the rate Of
o Rs aa aySSs
hs rGrPI q @s eight P cent SCGi MD
est upon the residue OF said principal sums the rate
For lie NriErr sum s n % ONE million esntsen tho
sand dollar MG:So12 rerrsssning tie principal
the Hoard Of Public Work Of WIKI Wrsn e crrtii Is
Of July ISL with Interest at the rate Of six Per cent.
ha P er G se1@rn P s. r S Of
to 70 allowed and The interest thereon ana OF the
H% Be Tas BY 1ca % /" ss s
aft'on OF me Court on Al and singular the premise,
and delivered trustee or trustees to he appointed
by the Court simullansously with tho delivery OF the
cunNeNancr OF tho premises tOthc Durchapr.
fine sad trust deed snail ~ Its terms maintain and
prcseryc all existing priories OF lien rs between The
obligations representing he several suns IN respect to
Sad issued and delivered to the several c s ere a
re to S r "n and eSar ~ my dts
same shall be se't and prescribed by the courts on
Sss or sns Or sr;
shall desire to do so, to anticipate the ply nent OF The
allowed, as Aforesaid, and to provide Tor The rSlm.
nT,scwsn! Of sums pail in TscC o!hs indebtedness
sra, specific liens and the Of the cause, he
he said deed OF trust and To- o be s%r 20 by e Sn
| thereof. when and 70 the extent tina! the same sha
deed to that effect, bonds 10 such an amount not ey.
ceTdins in the agTcGne ZIG nggrcgte amount Of the
road Company, and the amount vi such specific liens
And exrens :; with Interest accrued and to accrue
thereon. and the amount which has he, IsCer,Rned
T. be due 10 and d.cterd In favor Of the stale NJ Nir
md tear ,s sui mrTcar 'iu r " s"r
| assigns may determine.
rue said GOODS are to be endorsed by II trustee
when requested, To tn" effect that they are secured by
!le lien hereof e. re extent aud amount that any
central R"ilrond Company, OF the said specific
eiS and cSpCnSes or arrears OF taxes shall have been
par vaaS thSrSof Win r9d tercs or upS Sr he he
surrendgr 10 hlm fan eauivacnt amount III thr obi
several creditors of the yirg!uia Central Railroad
.GInPnny iGr that par Of the purchase-money Tor
rhe ret revenues and earnlngD of the property nc.
cruing between the date o! sale aud the conveyance Of
POI session to the purchaser or purchasers his their
eprcSenlniyes or assigns, that may not be- Otherwise
tie Court by tie Receiver i6r the benefit Of the p,Ir
assigns, and In The lrsI place toward the Payment
and discharge that part of the purchRs -ninney APP
due Interest The bons Of the vi gnia enlra Raj.
i"aa Solnhnny, or Toward tm1 payment OF any install.
between the date of sale aud the transfer and convey
HCe the property to the purchaser In such order as
the Court may direct.
For 81 much OF the purchase money rs may be an
ssSad "a he S oT r n'F a On the
Culcd by the Chesapeake aud Ohio Railroad COMPANY
Ia Duncan and Calhoun and Calhoun and Kitchen,
respectively IN the ratio and proportion by said de-
crrhs established credit Is to be- allowed of twelve
years from date of sale but the undersigned viii T,-
c"lve from the purchaser purchasers his or their
representatives assigns, the Infer st coupons the
said bonds In payment nj such rate per Cpntum tho
ar value OF III" said coupons rs Will he able the
holder, OF such coupe upon the distribution of tho
proCecds OF sale under the rOrlrs of lien a by sad
DEGREES settled and determined.
For 50 much Of the purcliSe-mOnevas may be ap.
plctbe To the payment OF tC prinCp pal Uf said last
mentioned bonds In the ratio and proportion by said
DEGREES established the purchaser or purchasers, his Ur
their representatives assigns, Will lie allowed
credit for such part thereof VIII be due and payable
IN respect of each OF bonds for period Of time
,pOnding to the time which each class respec.
lively has yet To run before the maturity thereof
Tint portion of the purchase money which may be
applicable 10 the payment of the intrTet due al the
date OF sale hnd TO the lncipA Of The bonds under
the said two IL eds last above mention In respect u
which credit is Scn, or 50 much thereof may re-
main outstanding and Unpruyidcd for m the date Of
the conveyance TO the purchaser, must be- secured by
deed of trust mortgage executed To the suti
Hens TO he created for the ecurty Of The degrrpd pay
ments hefrlnhriOTe mcntla ned, which muI tqlsp or
deed OF trust must lc for the common security OI
bOnd-hOdeTs IN id trust ucctls to DunCau and MI
proportion by SAID DEGREES established d inter II
the sums for which credit Is allowed as aforesaid
must he paid scninmnualy at the rat OF six n,T
C'ntum per nIIlunl ut suCII iinu the Court nInS
direct.
Irthc premises should sell for u sum MOI 9 thun sIf
t "A tD NIL It al.