National Republican., 1878-01-16

Ing, tha underyigned as special, eommsslo,r , NJ
e ss hse, sSsr a. ,hs rosm q q ,s the sa Sha,9 o.
Se%S az lie S hour nc d tive WAVE M on % tSe gS DAY qh
AREII, Al. ihe sntirs RhIL9oAP3fn THE saip saM
SsT below @ he s;!s s,!,s e q
&:i hHssss 'fisiS1F wa
BRIDGES. and all other rights and privileges what.
sTfpiS iHtffl * !se sna SGRh f sScK
MATERIALS and other PROPERTY. real snd per.
sSsisasa i i%Ss"Sy @ s%5 E$po5,, %'SS IsS
SoIns T e Ss 0gPs aPfSf'pin y the HS ecsSe
Boy q ne ss%ea sSy sSy all sd Singular lie
sn,hraSea IN ihe or,ss;e % % 'as s bSSrd %
gina Central nsTGsd SsaTaE date Sp
ses isS s' Sna q ssh Asf IN sps .d
all and singular the premises, rights. privileges
sGd coHasS 10 IL e fiy ssG S4aEsSsf \ sRS
land, and James Lyons, executed by said Vi,glnia,
day o. June issi i al and singular the premlses,
sa e. s sna e JoSh Young sna s
Robert y Howison executed BY said Virginia central
ruary, a aud singular the premises rights And
privileges. and franchises included and Conveyed IN
BnilSf % % Duncan. William 4riop, and Mathew \ Msu.
y sy ns s,S Pee snS n9 oFS Of Eros
n.fr f ssSS Il PnS ss
Company to Phiio G. Calhoun and William Butler
na Sna m aScSses SnsuGsd DEE and cSnveysG and y
RsiiroSd company to Tie said PRiIo c. Calhoun aud
William K: Kitchen, bearing date on the list d"v Of
which win be sold nm entirety free and ds ),
tRs nd @ ssy erS mortgaSe. and deeds Of trust. and OF
and from each and every of sad deeds OF trust or
and singular S t6s lie liens @ Of svery nd aud sssrptsn
said deerees found and reSed sSePs the si len, rs tor
a5isled and the lien Tor the Sercaies Of Indebted
sG ss as Ss q R 9 sSe q %
certificates shall remain UNI sd at the tino OF sale.
| THE TERMS OF SALE WILL BE AS FOLLOWS;
in suSl, short time ibsrssier not exceeding ninety
days As The . ss dsSss ~ s & Of
ooy IN cash bat any Sums which tLe Receiver shall
the road amer the day sale to the inter,st duo and
accrued on the obligations Of the Virginia Central
same may have been properly applied under the
orders OF the court. and any sums wnc at the es:
alter raging the e1 penses OF operating he road shall
be deducted iron, the amount 50 required to 10 paid
for so much n the purchafe money as shall be
on the obligations of The Virginia ,entIaI RIlroad
Conn any nj the date Of the trusts. e hs'einaller
thereof. and as may be then unlald aud nnprovhied
as nossibie and mSde Known ut day OF FaeI credit
sto be allowel o. three Year. irqn, cay o. .ale "
| annually
| For The further sum OF fi,r Hundred ard eighty.
seven ihouRnd. Ave hundred and sevrnty-elght dol
lars and ninety cents tstsiSSOl, repIe,enling the
and ssS ss be d. %S Is a. Of rhs s %
said decrees aud also for amy additional sum which
may be due on account ofany Of The claims ia the said
% be Ss se as paSe s Sde
known on day OF sale) with Interest at the rate OF
Rss ss ss%S a Ss %SR repr
st Ma q nS eg nns C & Of e
est upon the residue Of said prinipl sums at the Tte
For M s rRsr S sSm r HPS OF S%e i.oS ] eishse o
sand dcGrs siGsDHl rsprssfn,S the principal pa
and Mecifiend snd Lyons. and under tue mori ,se
10 The Board Of Public Works OF Virginia, credit Is
OF July. lss7, Win Interest ut the rate of six per
4S e ps psr saHSr SoS EaSs r Sc cdi as
sto te rliOwed aud the Interest thereon ana oi the
is 10 he secured by ieed executed to the sat
faction OF The IOt on all and singular the premhe g.
and delivered 70 trustee Or trustees TO be- appointed
CONVEYANCE Of the premises the purchaser
fne "a trust decd snail It's terms, ma nhin and
srcm c @ SSsnS of ~ sS o. G H fMGS I
Rnilrosl Company Appropr,at" aud o1nNenient
which credit is 10 be given as niored shall hs Gre
niCd issued and delivered 10 the nj creditors en-
agrremen,S a, to the form and Tenor, rh'rc6. Tho
GE be SSa 1n,y s r s S2@5 %
orhis or their representative OF nsssn he or they
shall desire 10 anticipate Oi
allowed. Rs aforesaid and to provide for the rein
lie Virsns s oea PI TSSG S G Sompa%% mp lie sST
srai specific liens and ihe expense; Of ne G,." be- o.
ihe said deed Of lru and 10 he secured by tho lrr
bo ndorscd with the certificate of the trustee in sHlt
decd To that effect bonds to suc an amount not CS
i eSis ns u inde6ienes Of tie Vrsna % cS%tr u R"ii al
road cImnany, and ths amount OF such snGcc lien,
thereon and the amount which has bt n ascertalneC
sinia ior arrears Of e. and Of such donomnatIo
and tenor ns said purchaser or his representatives O
assigns may determine.
rne said ooa,ls are to he endorsed by the trustee
when requested. the effect that they are secured h,
part Of The said existing ndebtedn,ss u The Vnnl;
,entral Rallroad Company, or OF the HII specific
previously paid OIL. upon the receipt by him of th
par sOs iSG,eS % i Th Or r. RSn 81
cations required to be Etvsn by Ihe purchaser e. The
Company for tha, part Of tke purchase money fo
which credit Is to he allowed.
rhe ret revenues and earlIIngn Of the proporty &c
crulng between the date OF sale aud the conveyance O
pOs session 10 the purchaser OF purchasers his or lhe
disposed Of in rurs'lance Of ihs orders Of Tue Court
T os m And GPp,SSs q ,S 5"n, GS Grom III @
chaser or Gnrciasers his or their r.pre,S ntityes
aid dci,afsc orthat psr; Of The pnrchas "iSsy Sp
pCTbl. to the payment and .tSiaGlio1 Of inS B,r,!
road Company or toward the payment OF amy install
msn,s OF nterssI that may eye5me due and payab,
nnce the property TO the purchaser In such order
the Court may direct.
For so much Of the purchase-noney RS may bs Ap,
phclDle to the payment OF tie at due Interest th
cutcd by the Chesapeake and Ohio Railroad Compan,
TO Duht All aud Calhoun and INlhOun aud Kitchen
respectively In the ratio and proportion by said de
Crges established, credit II 10 be Allowedsof tWev
years nom date OF sale hut the undersigned win re
nssgns the int, rast coupons OF h
said bonds In payment NJ such rate per ontnm Of tn
par value OF tile said coupons ns Will he payable TO m
hoders OF such coupons upon The distribution of lh
DEGREES settled and determined
For mach Of the puohnse-lonos rs may be ar
plcble the payment OF the principal uf said last
mentioned bonds In the rntio and proportion by sl'
DEGREES established the purchaser or preasers his
their representatives or assigns WI! be allowed !
credit for snch part thereof Will be due and pEyb
In respect of each c ass OF bonds for period OF tim
| corresponding to the time which eacll cASs rspoC
lively has yet 10 run bebffe the maturity thereof
: That portion OF the purchase money which may b.
applicable Iotho payment OF tie inl.rrt due NJ III
date Of sale and 10 the principal 0f The bonds unde
the said two deeds last above meon'd In respect o
which credit 10 glSen. or much thereof may
man outstanding and unprOvlted for Ut the dat q
the yeyance TO ts purchaser, must be secured b
deed Dttrlst or mortgage executed 10 Tue sNilstaC
ton of the Court ranking next In priority after III
liens be created tor the secrty Of the deferred
: | msnts herrinlEioTa mentioned, which MOI itghgc u
. deed OF trust must be fr the common security q
bOnd.hOlders In said trSt.uecdH To Duncan and Ca
| hOun and TO Calhoun and Kitchen IN the ratio an
on the sums for which credit Is allowed nfOrCsai
must be paid semi4nnnunlly ht the rate Of six pt
: cpntum per annum AT such lime as the Court MA
o direct.
hCienl 10 pay and satisfy all the liens above men
= toned and prior - the judsnientlens, The sIfu
must lie paid by said purchaser or purchasers, b