National Republican. (Washington City (D.C.)) 1872-1888, 1878-02-18

Commerce, No iiOI Main ~ ct in the city OF Hcl.
mond, at the hour Of twelve M, on the ID DAY OF
HH ' &Nb 6S ARfh II db 56M
AS AZ s snS now y Speraon trim m
VIRGINIA. to point on the ohio River in the state Of
MI Hss. 'HftiSyfT T 81 g
S GBISaTs FOR liXTENissIoSs, EhANcMlS
sGnpISdss an'I if%E$ I HSIS sfStK,
sonal, more particular description whereof Is
G 60. IN ~ ipESenory and reports made SS
T es 3D. S o T S the By Pre-
be ore the sletat Is 10 say, all and singnlnr the
Of Public Works OF Virginia. executed by TIE VIZ
ginis Central iai,roai company, bearing date on
ieges. and franchises emGrGcei In said niorlsnse;
all and singular the premises rights, privileges,
81 tna tras!.icsd 10 'i II. ". Fry William, IT, Macis..
sm n snd Sns gSeSn,ed o. a SI Ss
day OF June, 1874 ali and singular the premises,
yeyel d and by the rustdced to John H. Young aud
Robert L. luwison, executed by said Virginia Central
rrary 1885, ali and singular the premises, rights and
privileges, and franchises included and conveyed IN
isullS juneau. William orion, and Mathew i. Mau.
~ By h SS GnHPss e, and 092 hroIs c'my
s n III rg1 pnG rs sna i
Company to Pho C. Calhoun and William Butler
and oil and singular the PROMISES rights privileges,
and franchises Included and conveyed in and by the
iSilr"sd company To- tie said PmIiS {. Calhoun and
william i: Kitchen, bearing date on the Isl dav Of
Anwhch will he sold as nm entirety, free and dis
e q, snn 9 Gs "nS Gn Of HSd 81
and from each and every one Of said deeds Of trust 3r
and sGsuiar IL, liens OF every knd aud do.@rt1n
IN said DEGREES found and rccoi except the Hens Tor
tS6she rnd The lien Tor lie Scrtit qics Of indtGtc
ness Of the receiver Tor the pawn ut Of the arrears e
certificates shall remain mn al nj the lime of ale
THE TERMS OF SALE WILL BE AS FOLLOWS:
The purchaser shall pay til. day OF sale, with.
in such short time ulirGaiter not exceeding ninety
days rs the undersigned may designate on tho dry OF
GO) In cash; but my sums which tie Receiver shall
~ The nicnntinle have applied out Of amy earnings OF
accrued on the ublIg atoms Of the Virginia Cent al
railroad COMPANY or to such other PURPOSES rs the
orders OF The court and amy sums which, nj the
pIrn Ion o. Tie SAID ninety day. h" may have ~ hand
be deducted from the amount so required TO re paid
Tor so much OF the purchasc-mnnry as shall he
equal 10 the balance Of the interest due aud accrued
Conn any nj the dae Of The trusted, O. LEI cmarcr
mentioned Rs directed 10 lie nnde for the security
fnr. tthe amount whereof VIII be cstnat,i t,s nraTy
rs p9ssill" aud mgic known at day OF sale crslil
equal annual indictments. with interest thereon nj
annually.
FOR the n rthcr OF four hundred ard eighty
Srs nd mSrty CENTS TT @ I t6e
PRINCIPAL sum due under the trust ir.dtn Young and
ioHTd and states to he due in the eighth rar ", aI Il
said deCrtsD and also tor amy add IlOnal sum which
eighth paragraph m"ntionel. dl" am, uns vi er,ui
viii be oscer.eined MS mary IS possible aud made
eiS, Ter c%M,%m per Hnnmn g,ySo!c sssmhin"y
Virginia Crmira Railroad Jniupnny and with inter.
est upon the rtsiu" Of said pin iI sums At the rate
Of six Ter cen,un per annuin, ayabic SmiRnnmnIly
For The further snm Of one lnillion cgit""n thou
outstanding under NE ru,i-,leed mortgage TO ~
and MArlar!Rmd md L. on. aud under tie mortgage
TO he allowed frcm the date of sale until tho Isl day
OF July, 1851 with interest NJ III" rntc of SIX per cen
UNI per RnniIm, payable srnEaunullly. PAY M'ul ul
the snid sevcr, sums for which credit rs ahDv Said
bonds winch may he issued rs hrrlnufr r mrrltirm"
IL TO he secured by rtlsIic d, executed IN the
sold constituting u iiT.t lien thrruSn 10 be executed
md delivered to trustee or trustees To he appoint Il
convernnc" OF tho PREMISES tothc purchaser.
fne "a trust deed snail ~ lts terms, maintain and
different clsSCs OF bonds Of the said Nrgnr, Central
| lisilroai Company, Aprr"print' aud ,clmvrmemI
waIf ST" n 70 ES SySg 10 as snS DC
titled to receive the same: rnd Of Any di.-
ngreemrh,s a. to the hrn and tenor Their o, N"
application. To enable the purchaser or lurchss ~,
or his their representatives ss,-nS Il Of they
said several suns %IT r re y wc S @ q 10 be-
| allowed, ns aforesaid and TO provide Tor the rr!ln.
| ofthe Virginia Central railroad Company. the s.v.
t En-" p Sy r, e' SI ne II e m he or
the said decd of trust and 10 be secured by the lien
he Endorsed with the certificate Of the trustee in said
deed 10 that effect bonds To such amount,
cxsi ng indeGc1ncss Of The Virgin Central nall.
road Company, and the amount or ,uch specific liens
| and expenses, with interest accrued and to accrue
thereon. and the amount which hW, been n.ccrtniucd
to he due to and d,Cre in Invor Of tie STATE Uf Wiz.
Ena Tor arrears Of taxes, and Of such denominations
and tenor Us said purchaser or his representatives
assigns may determine
| rne said oOhds IRE to he endorsed hy the trustee
when requested to the effect that they are ured by
part Of the said existing indie tcn,Ss II The VtrmG.
central railroad Company, or of the said specific
previously paid on, or upon the receipt by him Of liz
par value thereof with accrued interest upon The
CATIONS required to be given by the purchaser To- The
several creditors of the Virginia Central Railroad
which credit is to he allowed. 'O'
rhe net revenues and eurninga Of the property &C.
crulnG between the date oil sale and the conveyance Of
possession to the purchaser or purchasers his their
disposed OF IN r Hf Of III H. SE. OF Of G
Mn be appropr!riel and applied under direction of
chaser or purchasers, his their representatives
assigns and, In the first place, toward the payment
picIblr to the Paynirm! and satisfaction Of tho past
due interest on the bonds Of the Virginia central il
road Company or toward the payment OF Install
ments of nterCs; that may become due aud payable
between the OF ANA the transfer
nnCe of the property to the purchaser In such order
the Court may direct.
For 50 much Of the purchase money as may he ap-
pCle TO the payment Of the past due Interest ON tie
bonds secured by the mortgages trust deeds exc
cuiCd by the Chesapeake and Ohio Railroad Company
10 Duncan and Calhoun and Calhoun and Kitchen,
respectively, In the ratio and proportion by said de
years from dns of sale; but the undersigned will
C"iNe rom the purchaser or purchasers, his their
representatives assigns the int 1t coupons OF the
said bonds IN payment at such rate per Centum OF the
par value OF the said coupons rs Will bepayuble 10 the
holders OF such coupons upon the distribution Of thu
proceeds OF sale under the priurI:Cs VI lien by sad
DEGREES settled and determined.
For 50 much of the purChnSe-mOncy as may he mp.
plicAblr to the payment of the principal Of said Inst
mentioned bonds In the ratio and proportion by SAID
their repre- sriitallNcs or assigns Will lie allowed
credit for such part thereof viii be due and payable
In respect OF each class of bonds for Iprud of time
corresponding to the time which paclI class rpsleCS
lively has yet 10 run before the maturity thereof
That portion OF the purchase money which may he
dale Of sale and to the principal Of lhr bonds under
tn" said two deeds last above mention In respect Of
which credit IL EiNen. or 50 much thereof may re-
main outstanding and unprUNid,d for ut the date II
the conveyance TO the purchaser, must be secured by
deed of trust or mortgage, executed to the siSftC-
liens to he created for the security at ihe deferred ray
mUntS hpTpnhCiurn munti inUd, which mOTtGIgo or
deed OF trust must lie for the common security Oi
bUnd-hUldrrs IN said trIIst-upeds to duncan and Cal
hOun and to Calhoun and Kitchen m the ratio and
proportion by SAT-, DEGREES established, AID Interest
on the sums for WHICH credit Is Hllui aforesaid
must hc paid semiannuHlly NJ the ruF OF six per
Crnlum per Hnnun NJ such time as the Court MAY
direct.
iftnr promises should sell for u sum more than suf
70 ali tlaa