National Republican. (Washington City (D.C.)) 1872-1888, 1878-03-26

the sth day Of DECEMBER lsy in the suit Of duncan
:sa s'Gsss a's snf5H
he SsSs siadss tic R"GSS
Gommerce No iiot Main street IN The city ~ Rich
skffS s 6s s &NS ShfS kRi5K KB sSa
, shs ss.s RysT 6eiS. BSh%Cnd + ne s,;,s p
b,fifIsSI T!!h 9 s@ssS
BiDaRs, and all Other right. and privilege. s ahsi
s STfffT5 X ss' s. Gse S ST
WATERFALLS and other PROPERTY, real and per
s :onn q, more particular description whereof e
az under iSe order y iSs s0 cSurp %hSS
IL o a:ssS y the N 2eciSs Ss
Seor. ot IN, a sa, va for reasonable as tine
emSrss.d in orsa sd 10 ess Bos ard
q Public WORKS OF Virginia, executed 6y the Viz
e LIST day Of April 1850 including the rights, privi
gTe, ana sns rfnnsh,ss emLTScsd in aid m9rsge
q; e Ryda. .Is. $ y $1s
a e "a hailrosd Company bearing date or The "a
risht, prNl,eees, and frsnchT,es Included and con
neyel in and by the trustdeed - John r. Young aud
daiS o MI lac .s o Of FG
rnary 1865; al and Singular the premises rights and
And by NE lrusidssd 10 Philo G Calhoun, William
E BY hD%ssn @' and 9rG1 Io and MSS
bearina date on the ist day OF ocober Isss aii and
.sG snS Ss and
SomSasy s sHG Ghe,sPeEe ard 9hiS Rn.r1a .
Dnnean bearing data on DE 18th day Of January so
and gu and singular the premises rights, privileges
usidesd executed by said chesspeaSe and y OHIO
W HnToad SoREsny to The said philo G Calhoun and
oc,otef isis bearing aa's on tho i'' DAY OF
charged o. and rom he lem. and tmsrs S 81
a hs ia n ses s,s nn and deeds Of trust and Of
mortgages and se and discharsed Of aud son ' ali
and singular the Hens Of every kind and description
taxes therein referred To- Il any such iens shall be es
tabshed, and the lien r the OF lndsbted
10 " q sus e 81 s
certificates shall remain unpaid at the time Of sale.
THE TERMS OF SALE WILL BE AS FOLLOWS:
in .ne shor s es ~ s not ss 81 & of NINETY Es
days as the undersigned designate on the day Of
oool cash but any sum, which the Receiver shall
Il me sss Ss have ,s SGpsa o." Of earnings
scc5aed on the Obligations q The vrgna ccntIL
RSs bsn % popsy snaes Ss
orders OF The court aud any sums which at the es:
alter paying the expenses OF operating the road sail
be deducted from the amount so required to le paid
For so much of the purchassmoncy as shall be
equal to The balance q The interest due and accrued
COMPANY at the date of the trust deed hereinafter
thereof sna as may be then snPaid and usproydes
mr. 1.-The amount whereof viii be estimated a. nearly
Is TO be allowed OF three years from day of ssie In
equal annual instnllments, with interest thereon at
annually.
FOR the further sun, OF four hundred and eighty.
lars and Ninety cents Gsis9SsSj, Tepre;cetns he
principal sum due under the trust deed TO Young and
found and stated to be due 10 lie erhth ~
VALID decLeesl and also for amy additional which
eighth paragraph mentioned. ube amounts whereof
S E be s SS sSn . S5 Is possible aud made
sn, Rsr ssn,S o gsr ,n pSs.
sent he principal Of he "rSi pr cent bonds III,
virginia Central Rahrond Company and with inter.
For te further sum Of one u lIiton eighteen ihoi,.
under or fns 10 PsH
and AZ .; snh kySns and naer i6e mortgage
tS BE- 3 G1gsi ,om The date q sale until The Isl day
S peS an s %s aisses, =, tne sf OF 81 Der cent
The said several sums for which credit above stated
bonds which may be issued as 6ereinaSer mentioned.
TO be secured BY t-deed executed to the salts
sold, constituting iist lien thereon 10 6e executed
nna delivered 70 trustee Or trustees to be appointed
eonyevance Of the PREMISE the purchaser.
fne SAD trust deed snail by It's terms maintain aud
BONDS The sG vssss Sen 'f
H5Ssd COMPANY APp!cprnts and convenient
ned Issued and delivered To the several creditors
Titled TO receive the same: and IN OF any dis
sha be e ss so sqs e SS shersS the
sppcntop enable PurShas"f or p S%is p
Or his or Their representatives assigns, fhe they
allowed as siorSsSd aid to provide Tor lie rs 70 Ne
oSe Virginia cSa Rns6SS Somea @SeP tss sy
era specific Liens and the expenses Of the cnpsc he
the said deed Of trust, aud 10 be- secured by Tie lien
AZ n I4tRa in aaiN
decd TO that effect, bonds to such amount not ex
exsG ihdC6icdns Of Inc Virginia " "sniral "i R re
road Company, and the nnount Ut such specific liens
thereon and the amount which has Gern ascrrisinsJ
q DC due TO and dccreed in favor OF the state Of Vr
nn Tenor as said purchaser or his representatives. or
when reguesod to the effect that they ARE secured by
s ep 1hereq to the extent and amount that any
entra kallroad Company. OF of the said specific
previously paid on or upon the receipt By him of liz
par value thereof with accrued interest or upon lie
cations required to be given by the purchaser To the
several crsdltors of the Virginia Central Itaroai
VIII ch credit Is to be allowed. "
rhe let revenues and earnings OF the property ac.
ruing between The date Of sale and the co,vrynnc Of
possession 10 the purchaser or purchasers his or their
epresenlniIyts or assigns, thai may not he otherwise
siii be appropriated and applied under directon Of
he Court By the Receiver Tor the benefit OF The pur.
assigns and. In the first place, toward the payment
md discharge of that part of tile money an.
plicnbie to the payment and satisfaction OF The past
Tue Interest on the bonds Of the Virginia eral Rail.
ond Company or toward the payment OF any install.
nents OF interest that may become due and payable
Ieween he date OF sale and the transfer and convey
,nce Of the property TO the purchaser In such order as
lie Court may direct.
For 80 much Of the purchasa-money as NAV b, an
Ilicahle to the payment OF the past due Interest on lie
,onds secured by the mortgages trust deed, eve
uled by the Chesapeake and Ohio Railroad COMPANY
o Duncan and Calhoun and Calhoun and RiIchrn
espectively, In the ratio aud proportion By said de-
rees established, credit Is 20 be allowed of Twelve
ears nom date Of sale; but the undersigned win re-
GIVE nom the purchaser or purchasers bis or their
representatives. or assigns the interest coupons ofIc
AID bonds ~ payment AT such rate per cenIlm 0f lie
aT value OF tie said coupons ~ will he payable TO the
oldrrS Of such coupons upon the distribution of tho
proceeds OF sale under the priorl;es of lien y, BY SAID
ccrees settled and determined ~
For 81 much OF tile purchase money rs may be an
cnblc to the payment of the principal Of said IRSt.
bonds In the ratio and profprtiOn by said
ecrces established the purchaser pIlfrhaseTs his or
heir representatives or assigns, will be allowed a
re for such part thereof will be due and payable
respect OF each class Of bonds for period Of time
corresponding to the time which each class resne,,.
lively has set to run before the maturity thereof
That portion OF the purchase money which may be |
ppllcabe 10 the Payment OF the Interest due al the
ate OF sale aud 10 the principal OF the bonds under
ne said two deeds last above menti in respect Of