National Republican. (Washington City (D.C.)) 1872-1888, 1878-04-01


ing. the UNDERSIGNED as special comms,loner ap
2 he SsGe.i Sadsf At tic roe m, o tie Gsn%Ssr q
sHs SSss q s q 'Sf Z M
A sSd now n opeFaion rom po
Sp s Ises EsT below dd f. the
S$ss $as
BRIDGE, and all other rights aud privileges what
iSGY ysn K he sa,d sgTgsny beI9nEns EMS
MATERiA1S and other PROPERTY, real md per.
soma, more particular description whereof Is
lie under Ike 9 81 lssO eou ' Which
posing Ss 70 Ss ONCE Hspsc q The ~ rfS
o ne ssy all nss sSs, the
Of Public Works OF VI ginia executed BY the Wiz
kSi .H $50 nsasinss S SsaT Rss sr pl VI
ieFes and iranchisss embraced In said m9rlsaEe;
sf s%ss:a s " f ma %sS A.
SSn'T "a arosd Company BEARING date on the d
Tishts privileges, and rrSnchlses included and con
yeyed IN and by the trustdeed to John b. Young and
Rsiiroad Company bearing date ON The q das Of Fss
ruarS 1855 az and singular the premises, rights and
Aud BY The trust.dsed 70 Phiio q Calhoun William
Butler Ss ID punSSan William 2r,Sn and Ma,heg Mau-
bearing date on the list day OF October 1855; aii and
II snG bs liz
P ssG s and William ShH Rasi
bearing OATS on The iGth day o. January is7e
ana a. and singular the premises rights pryleges
Rn,lrosd Company TO the said Phiio G. Calhoun and
Sctobel ii A''che"' bearing date on the list dAV OF
which viii b. sold as an entirety. free and dis
the ,aid several MORTGAGES and deeds Of trust and Of
Sna s each as 81 s4 a a
aud singular th. liens OF every kind and description
aSssd and len ir he rpG s o. indebted
"ss. s ss Us " "a e 81 S
certificates shall remain unpaid At the time OF sale
THE TERMS OF SALE WILL BE AS FOLLOWS:
In such shor lime ihsrsaiser not sscesdns ninety
days the undersigned may, designate tbs day o.
So in CASH but any sums which Tie ReceivSr shall
Il The rsS s have Ave applied out s Of srpn
soc5ued on the obligations e the yiIginla Central
been 70 sPP
orders OF the court and any sums which nj the ek.
ser paying the expenses OF Operating the road shall
be deducted from The amount so required TO be paid
Az to he Il hs as nId
ComEsny a, the date Of the trus.dsed herenarsr
thereof and as may Be then unpaid and unprovIdea
for the amount whereof will be estimated rs nearly
Is to be allowed Of three years from day q sale in
equal annual installnents. with interest thereon al
annually.
FOR the further sum OF four hundred and eighty.
principal sum due underline trust.deed 70 Young and
GaS % be dSc IL Fe q III
said decIees and also for any additional sum which
ss Ss "a, 81 % 81 t fG as
Ss
Virginia Central Railroad Company and with inter
For The further sum o. one million eighteen thou
Outstanding under lie irusidsed or mortgage 10 Pry
o %cs sa Of "pGea o
S be slIgsd isoT The date of sale until The LIST day
S Taf gsn
the said several sums for which credit above STATED
bonds which may be issued as hereinafter mentioncd
to be secured by trust deed executed to the salts
sold constituting Ssi lien thereSn 70 be e1eouies
and delivered 70 trustee Or trustees to Be appointed
conveyance OF the premises to the purchaser.
Ins SAD ru,, died snail y IL terms maintain ant
different classes OF Bonds Of the said Virginia Contra
s ns S
sTs q BE s ss be
Titled TO receive the samsi and IN case Of any Dis
| agreements as to the form and Tenor thereof, thu
SGSG
or his or their representatives or assigns fhe the,
said ssysra sums rSrpsss n which credit Is 70 s.
p RIA 50 U G5 aS ds
ofthe Virginia Central Railroad Company, the sew
said deed o. trust and 10 be secured s ' BY The sI
ndoscd With tie Certificate o. s The trustee s IN sa
deed TO that effect bonds 70 such m amount not ex
eSsns ndebenaSs Of The rsns " csntpa q Ra al
rSS ron COMPANY snd the amount Of such specc lien
thereon. and the amount which has been ascertaine,
gnla Tor arrears OF taxes and Of such denomination
and tenor .s said purchaser or hs representatives
rne said oonds are to be endorsed by the truste,
when requested to the effect that they secured b.
part Of the sSId existing ndetedn.ss Of he Wrr mi
Central , Railroad Company, OF Of the said specih
previously paid Oh. Or upon the receipt by him of tn
ss % h OF T srs HT h
cations required to % Evsn BY the purchase, r. tn
Company for that part Of tie purcSnssmon sf1 ~
which credit Is 10 be allowed.
rhs Pet revenues and earnIngn Of the property nc
cruing between the date Of sale aud the conveyance
possession to the purchaser Or purchasers his the
az " or s s A. may not Ss oh
T 6t aPprSpr1'ed and aPpiSSd nndsr direction
chaser purchasers hts or their Representatives
assigns, and, In the first place, toward the paymcn
pcabis to Tie payment and sasf%ios OF lie ra q"
due interest on The bonds of tho Virginia Central hail
road Company. or toward the payment OF any install
nsnts of Interest that may become due and PAYABLE
between the date of sale and the transfer aud convey
of the property TO the purchaser in such order N
| the Court may direct
For so much of the purchase-money may be ap
plcabe TO tbs payment Of the pa,tdue interest on t
bonds secured by tho mortgages trust deeds exc
culed by the Chesapeake and Ohio Railroad Comp pan,
| TO Duncan and Calhoun and Calhoun and Kitcheii
crees established credit Il to be allowed OF lively,
years nom date OF sale but the undersigned will Te
ceve from the purchaser or purchasers, his or the
said bonds In payment AT such rate per centm OF IN,
par value OF tie said coupons s viii be payable TO tn,
holders OF such coupons upon the distribution OF ID,
decree, settled and determined.
For much of the purchase money as may be Al
pcable to the payment of the principal Of said last
mentioned bonds ~ the ratio oDd proportion by s,lt
DEGREES established the purchaser his d
their representatives or assigns, will be allowed
credit for such part thereof will be duo and payabl,
In respect OF each class OF bonds for period of tim,
corresponding to the tme which each class respso
lively has yet torun before the maturity thereof
Thai portion OF the purchase. money which may bs
applicable 10 the payment of the interest due at the
date o. sale and 70 tho principal Of the bonds under
which crent 10 siven or much thereof As MAY re-
main outstanding and unproYided for ut the dale O
the conveyance TO the purchaser must be secured by
ton OF the Court ranking next In priority alter the
liens TO he created for the security deferred pay
hssd 81 sr.i n1s IN ar S wnSn motgage o.
bond-hoders In said trust-ueeds to Duncan and Cal
hOun and to Calhoun and Kitchen IN the ratlo and
proportion by sad deCgees established aud Interest
on the sums for which credit is allowed rs atoresaid
must be paid seniannually at The rate OF sig prI
centum per annum nj such time as the Court may
direct.
Irthe premises should sell for a sum more than snf
Hpi Ia Iiafy lla Han.