National Republican., 1878-01-11

ing, the undersigned, us special commissioner APP
commcrcs No, iiSi Main street In The city OF Rci
S H&& T. Us %Ssf cars q e ~ IEH 5AP
on The James River, below iighmond, il Tie site o.
y pIss ~ S 81 Ssf ~
GfGlrJs AN9 fdh phiXIiTFESssS Nsud'qE Z tghS
BHiDGfs and and ali 9ther iH f rsSiS and privileges gfsl!
iHGff1 S se MKcRREE Sn3 GsS2nFn R62 sStS
MAIEhfXIs, and other pHQPERTY, real aud per;
more 20 p1SnT dsdrpSm nd wnsrse nS M
the receiver under the order Of The .,ut, which
posing 10 6d At he ollie q iho feoeiyer; in The
CITY OF tichmtnl. Va. for tensoliEme time %
TRiNisI:s 'm6rScci in he incrtsaSc to lie Hoard
Of Public WORKS Of virginia, exetu,ed by TIC VI
he is day Nprll. islO includjnS the rights. ryi.
al and ds Singular H The premises. RI Fights @ pTlvlcs,
Sy a 1esS oe4a2 10 IT, SnG WaE t. II ao @
land. and Jnincs Lyons, on exeSatei by s,ii Virginia
Central Railroad Company; bearing date OF the a
riahts, privilege and franchises included and con;
y q HpG By the rgssdSSd m to J2hs b. EGnTs a@d
arosd Company bearing date on the 6th dat Of Feb,
rry yli;Rs and iranehisSs incIWd9d and Conveyed in
and by The trustdecd TO Philo G. Calhoun, William
rs by the Chesapeakc and Ohio RaiirGad Company,
bearing date on the ist day OF Octobcr Isbs; all and
s css Included 3 and senveyed IL and by lie @ rHs; decd
S%pSsy fS S o @ q GSSs and md W RGsr
Duncan bearing date on the 10Th day January lsv
and and fraeRise% m @ inSndSd and convcyed IN md Sy tic
irus;.desd executed by .aId the,apCase ana ONO
William X: Kitchen bearing date ON the ist dHy OF
Ailwhieh VIII he sold ns an entirety, free and dis.
charged Of and from ihe liens and ncnmbrances Of
from each and every u said deeds Of trust or
mortgages, aud nee and discharged OF aud nom all
5 SGi and fySrS rSf s Sscp aa s
sSss therein rSi.ped 90, led t3 !, any @ ssc LENS sGi s e
nc Of the receiver or the payment Of the arrears g,
s 70 .ha 9 reS snI Of x'sa "a ~ c Ty Of s said
| THE TERMS OF SALE WILL DE AS FOLLOWS:
Tie purchaser shall pay on the day Of sale, with
days @ The undersigned may de,isnste on Tic day q
sale, the sum Of two hundred thousand hUar tseOC
Ia The meal time have applied out Of uny earnings Of
He r%Sa an Sr ~ me M 81 sale to , imS nerSsi Due
Railroad Company or to such other purposes rs The
orders oTihe court aud any sums wnicG at tho e,.
pratio ion Of the said ninety days, he may Lave ~ hand
be dc dicted from te amount so required to uGid
Tor SO much OF the rurchase money as shall be
equal TO the hlance uf INC Interest due and accrued
Conn any At the date of the trusted, Q Hereinafter
| mentioned as directed to he made for the Sc uriiy
as SS Ts @ win II 9d nm% m n.rs
as possible and made known at day OF salel credit
equal ANIMAL instaliionis, with Interest thereon nj
the rHt% OF six Der ceHtum per nnnum, payable semi
i'or the nrtAer, SUM of four hundred ard eighty.
| seven thouGnd' five hundred and seventy-eght dol
lars and ninety cents is1b;S9l), tTepi essnng the
principal sum Gue'under the trust.ced to Young and
ioSSd and stated to be due in tie srhth parsraph d
said decrrcs,) and also for any additional sum which
eighth paragraph mentioned, THE amounts wi erect
ll VII he nSccrlsihed US mnry ns possible md made
eight Per cyn,nm per annum payable 'em,.annualt
T. = ~ r nf ~
Virginia Central Railroad Company nnd wiz inter.
OF six er cenlnm per annun aynble sCni.nnnuaiiy
For the further sum 3r one million eighteen thou
onts!anding under the rustGecd or mortgage TO Fry
and ~ 9SilHnI % M & hmG &kHSrs % Gud %EGsE he NOR, 81,
TO be- nlGMet iTC m the date Of sale until Tho IS i"l
nm f c nH @ %' yaSc Ss sem%Sh%y 'S af TmpH Ta
the sh several sums for which credit ahOv, STATED
Bonds WHEN may be issued rs Rer"ins"f % m"nticned I
Is TO no secured by stdccd. executed to tho sat Is
sold constituting frst lien thereon, 10 be execute
nd deycrcd to trustee or trustees @ % t9 sS appoint,
conveyance OF the premises to the purchaser.
fne sa rust deed snail y its terms. maintain art
ncrcn, cassss els Of Sonds Of the 81 said W vrna SSS S"rr
oSaSd. SrF ES%E AET.Ft ,i "s S sp
which credit I, 70 be- given rs aior,tah; shalt e ere
agreements a> to the form and lcuor thcr,6 th
s Dc S parGT n or 1 G2h
Or his or helrrsprsrnlMiyGs or assign The or the!
AID several suns ~ re,pTt Of % wncn Grii is 10 b
hurscnIcnt OF sums pTii IL respect OF III" rbcdn
orihe Virginia Central Iur1nd Company the svv
they may create and ICSue, irun time 10 lnr una,
the said deedOf ru t. aud 10 he secured by the lrl
thereof, when and Ia the extent that the sIl
b" indorS' with the certificate "f the trustee IN s,
deed to lhat chcct bonds 10 sich nn Emnu"i, rot CN
CrCling IN i" nFvr'glIle u g aggregate amount a. l
eVis lug indebc'int~s of the Virginia Central Ran
road mpanr, aud the amount Oi "uch tirrlHr E,h
and eNI ensts, with ntrTest accrued aud to U.gFl,
tlcrcun, and l" amount which rus br' ,crrulllr'
gnn Tor arrears of taxes, and Of such denomination
aud tenor s said purchaser or his representatives u
assigns may determine
FAC said Oodds are to be endor rscd ny tie trn,tc,
when requested to the effect that they are urcd by
tile lien thereof u the extent and amount that nIN
part Of the said existing indehtCtm,s OF the Nrrni
icS and expense. Or mfrSars ortSxss shall havc beei
previously paid OF. or upon the receipt by him OF TIT
Surrcnd' to him Fan equivalent amount Ia tlIr obi
%i relgIrTd la to be & EiNGH BY ihs Gmhsr, E. h
VIII ch credit II to be allowed
rhP ret revenues and earnlnsn of tho property &C
crng between the dat" OF sale and the conveyance o
prsesion 70 the purchaser or purchasers his or the
hspUsel of In pursuance Of the orders OF the Court
Il court BY tRe Receiver ~ The benefit 0i IN" itr
chaser purchasers, his their representative,
discharge ofihat rar. oi Tie pp cGas, n"ncy ap
plcHh" to !hr pnymtmi a1d sa,!sMGo1 o. the IN!
road company, or toward the payment OF any n'tull
mcnts Oi interest thht may btcpnc uuc ana payable
between the date OF sale and the transfer and convey
snCe Of the property to the purchaser In such order ~
| the Court may direct.
| For 80 much Of the purchRs HInoacy Us may b. ap.
plICHhr to the payment Of the a due Interest III,
bonds secured by the MORTGAGES or trust deeds axe
cuicd by Tho Chesapeake aud Ohio Raiirond Compnn,
| 10 bunI All and Calhoun and Calhoun and Kitchen
s dsdt H Ep 10 6St"% BE- allowed Oy Of S| t%cE I've
wears from dat" of sae but tho undersigned viii r.
CeiYe nom the purchaser or purchasers, his or thc
rrpre>t natives assigns, the int, Fest coupons OF th
said bonds Ia payment ar such rate per Ccnum OF III,
| %
holders OF such coupons upon tho d'strihutOu OF In
poCpeds OF sale under the Irnrips Of lien. by salt
DEGREES settled and determined.
For 50 much of the purchaSe-money as may be Rp
plIcane To the payment Of the principal qf said last
mentioned bonds In the ratio and proportion 10y sal,
DEGREES established the purchaser ar purchasers his u
their representatives or Assigns, Will be allowed
credit fer such part thereof aN viii he due and payable
In respect OF ench cas OF bonds for period uf tim,
core 'pondmR to the time which each class r,spcc
| lively has yet 10 run before the maturity thereof
That portion of the purchase money which may hl
applicable 10 the Payment OF the Interest due ul th
date Of sale aud to the principal Of the hOnds under
tho said two deeds last above entO On In respect
which credit isgiNCn, or 50 much thereof Hs may re-
main outstanding and unpruvldCd for at thC date u
the ConvcranCe to III" purchaser must he secured 10y
deed OF trust ar mortgage, executed to the Stsfac
ron OF the Court ranking next in priority after II,
Hens To lie created for the security of he deferred Vhy
ments herrinbefOTs menti ned which mort gIlGe Ul
deed of trust must he for the common security a
hpnn and to Calhoun and Kitchen IA the rat 10 HnI
proportion by SAID drtryCS established, AID iutcrrs
on the sums for which credit II allowed UiorssAI
must bC paid seIui'snnually at the rats Of rix pc
crnlum per annum at such limo Us the Court n u!
direct.
Irthc premises should sell for a sum more than SIT
hdenl 10 pay and satisfy al! the liens above men
toned and prior to the Judgment liens the suTplu
| m X Ia IA \ a.