National Republican. (Washington City (D.C.)) 1872-1888, 1878-03-12

y the highes, bidder the rooms q the Shap9er Of
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Wesi virginia together with all its FRANCHISES
SHisIsA foh E2FESs!6S ss!'aH EHsEa HAs
ssf sfs5 SH s.s, sSST
Ss In 5hs nysnlory and reports made X
posing 70 gd at he Office q the fcceiSer, in The
:aissSs, all and Singular tSs
rase Worn. escssSd g y IL he T
e T.. C Sax n Rsr9sa SomGG%ny bearing date on
sna asshIses Sc smS Ss ID =" .ad s sS
all and singular the premises, rights PRIVILEGES,
sS %'laSS ga $S2&SsS'f es az
Central RSnoad %psn sSe Sesfps s s s on Y Sa
q dsy Of June 1854; aIf and singular the premises,
Robert = Howison executed BY said Virginia Cenlrei
ruary. 1906 al and singular The premises, rights and
Prihiisgs and franchises Included and conycySd in
Butler Duncan, William orion, and Mathew y. Maui
date 90 t aa S ScSSF Fofs any
ss se nn5 rsS pTGyRSg and tran
COMPANY 10 Phio c Calhoun and William, Butler
|
RI Sa sssE ss Pss sh Pref
BY sad ShespeaRe and Y oRS
< TO- a G S Inc s G%y and %
An which VIII he sold rs on entirety, free and dis
the sld several mortgages and deed. Of trust and Of
% sI Shd s as Ss Of said deeds as
and singular the Hens of every Kind and description
sfa SanS s s s Ss for
slished and the lien for the certificates OF Indebted
a af SS sa 70, ya "a any e e. c s
certificates shall remain unrad ut the time Of sale
THE TERMS OF SALE WILL DE AS FOLLOWS;
~ such short time thereafter not exceeding ninety
sale, the sum Of two hundred thousand dollars (s2OO:
oOol In cash but any sums which the Receiver shall
he si S Sut the S de s
accrued on the obgons e the virginia Genital
same may lave been properly applied under The
pration Of the sad ninety days lie may have in hand
after paying the expenses OF operating the rond sinai
be deducted from the amount no required to Ie paid
For so much of the purchase money rs shall be
equal TO the balance Of Tie interest due aud accrued
on the obligations Of the Virginia Central Railroad
@"no"sd as d"cei 10 be made fSr the se"ary
thereof, aud rs may be then unpaid aud unprovided
possible aud made known ut day OF salel a credit
Is to be ailowel Of three years from day q sae, IN
the rst OF six per teniuin per annum payable semi
| seven lhDuSand. five hundred and seventy-elgt dol
P SS sH due S5 H. 70 Yonns sn
Md S ana asS s & S & 81 ths ssSeS SSm
said decrces,) and also for any additional sum which
may be due on account ofany OF the claims III the said
viii be pSseSraned as na@Ty as possSe AND sSd.
known on day OF sale) with interest at the rate Of
o ESf Re na eaySSes rcpi
q ns Fs bar cent and Go %t 9
est upon The residue OF said principal sums at the rate
For tlic further sum Of one million eighteen tho6
sand dollars, GtIolst11l represeatng The principal
and M9cfariand and Lyons and under the mortgage
10 ie board q lrHIe M9rks Of Hirsn cIedi, Is
of July, 1857 with interest nj the rate of SIX per cent
Il" aad several as FOR Which cf"dy as d
sto 10 allowed, and the Interest thereon ana OF tho
Is to lie secured by trstdccd. executed 10 the salts.
fiction Of the Count on I'll aud singular tue premise,
and delivered TO trustee trustees TO be appointed
conveyance Of The premises tothc purchaser.
fne "a trust cd stall Us ierlns, maintain and
asSen classes Gonds Of The sid VTna HS Scnt ai
dH aT E%p APe,Sp,G s and S
Which srcd 4 to e gScn as aor sR pS erc
alcd issued and delivered to the several creditors en-.
aSsmsRf as g ps i%rm and GSor S ci ""S q he
smmc s Dc TS s S Gd oy inc SpnL,s on
or his their representatives assigns fhc or they
said several sums ia p"t y which 3yr "H 81 to bS
allowed aforesaid Gnd 10 provide for the ruini-
ofthe Virginia Central It.lrnad Company, the sev.
er Specific Liens NnI nc Of ho cnse he or
the said deed Of trust and 10 be secured by the lien
10 Endorsed with the certificate Of ile trustee IN Sid
deed 10 that effect bonds TO Aach amount, not ex-
sSs S Of td Ws ' Gsnp q hu e
road Company and the amount OF such specific liens
and expenses, with Interest accrued end accrue
thereon and the amount which has been a.cerlalnei
70 he due TO and dcrod In iavor OF the state Of yir-
| IA
and tenor as said purchaser or his representatives
rne said oohds are to he endorsed by the trustee
when requested to the effect that they secured hy
part OF the said existing Indebtedness OF the ViTri,
ScntrM ha.lroad Company, or Of the said specific
previously paid on Or upon the receipt by him Of the
sSrredcr to i OF eSSrtn aoant IL IN IRS e oH H.
snoni relniTed to ge gwen 6E The purchaser 70 the
Company Tor that part Of lie purchaso money S'r
| VIII ch credit Is to I've allowed
rho pet revenues aud ct.rpngn Of the property nc:
cruing between tie date OF sale and the conveyance Of
ssssion to the nnrcha or or purchasers his or Their
disposed OF In pursrahcc Of The orders OF Tic Court
win bt appropriated aud applied under direction Of
chaser or purchasrrs his or their representatives or
assigns, and In the ilrs place toward the pay neiIt
to o rhym Sn % ~ ,lsSSq Of The
road COMPANY or toward Tho pnyn"nt OF any Install si
menls of Interest lnnt mny become due aud payable
between the date of sale aud the transfer and convey
nnCe of the property 10 the purchaser In such order us
| the Court niny direct.
| For ~ much OF the purchase-moncy rs may be ap-
phChlC to the payment at tie ra due interest on II
bonds secured by the mortgages trust deeds exe
cuICd by the ChefHp"gkc and Ohio Railroad COMPANY
| 10 Duncan and Inihuun and Calhoun and Kitchen,
respectively, In The ratio and proportion by said de
creyS established, credit II 10 br allowed of twelve
years from date Of sale hut the undersigned will re-
ccivc from the purhaHrr or purchasers, his or their
representa- ives uSgits, the int coupons OF the
said bonds IN payment NJ such rate per Ccnun Of the
par Nalu" OF tie said coupons rs Will payable to the
hU,rs Of FuCh coupons upon the distribution of Tho
proceeds OF sale under the rrnrCs Of lien A. by SAID
DEGREES settled and dcicrnllnrd. ,
| For 50 much Of the purClusC-Innney may be np-
plicabe to the payment of the principal Of said last
mentioned bonds In the ratio and proportion by SAID
DEGREES established the purchaser or purchasers his or
| their representatives or assigns, will he allowed a
credit for such part thereof Rs viii be due and payable
In respect OF each ass of bonds for period of time
| corresponding to the time which each class rlspC.S
lively has yet TO run before the maturity thereof
| That portion Of the purchase money which may be
applicable TO the payment Of the Interest due at the
date Of sale and TO the principal Of the bonds under
the said twoceds last above mention In respect Of
which credit Is pNen Or 50 much thereof may re-
main outstanding and nnprONidcd for 1t the dnIo Of
the conveyance TO the purchaser, must be secured by
deed of trust mortgage executed 10 the ssitsf,C
ton OF the Court ranking next In priority after the
liens TO lie created for the security OF The deferred pay
| menIs her"inbefore mentioned, which mortgage OF
| bond-hOters In sud trust-Gceds to Duncan and Cal
| hOun and TO Calhoun and Kitchen IN the ratio and
proportion by SAID DEGREES established aud Inter 81
on the sums for which credit II allowed aforesaid
must be pnld semi-Gnnually at the rate Of siI pei
| centum per nnnum ut such time Us the Court may
| direct.
1.-THE premises should sell for sum more than snE
hCiuut TO pay and satisfy all the liens above mem
| toned and prior ~ the JudgIIvntlicns y surplus
must be paid by said purchaser or purChnsers IA or
| 4 I.niF mi 10 mr. lima IN fgugI.