National Republican., 1878-01-21

on the James River, below Ichmond, 10 the state Of
Ma; HsslS ,fifiSSI $!S 81 ssiua|SS /;
BafDdBs. and all other rights and privileges what.
iSGYfT iS !s' sa4 GsSInfn SSIfS sSdS
MATERIALS, and other PROPERTY. real and ger:
sSnansd sSRa 2 me S INVENTORY ana PePor. made
the receiver under the order Of the court which
To,E E 9s 70 G Gea 3, Se GPs the
CITY Of nlchmonl ya;: for re,gonaSle f n time me
TIIENisEs tmbraeed IN ihc iaortgase @ ne board
or Public WORKS o. Virginia eTesnis y t9s se M on
The lst day April 1870 lncluhlns the rights: rr!v
all fes and d"s snFaSr RSi he % pPsmies, fights prysss
and ansh nc9dsS m y End sna wSqSsSea II moc aae
lind, and James. Lyons executed by sid viTginis
Central Railroad Company; bearing date oil the %
rishtS privileges, and frsna,scs Included and com
ss Y npH ~ ss by d n
Railroad Company bearing date on the 9th DAY tc,
Tnf nnd a s s'fr ncad and eonsped I'm IN
aud by The trust;deed to Philo G. Calhoun, william
3 " ,hs sSssspsa;s And o$iS Rsiisoi5 So%P%i,yI M
sSfT ehsSs Included 3 % nnd eonveys n Pnd BY tie
fao g apd S"I William a Basr
Duncan bearing date on the ljth day o. Janary lsG
and RI aaeSsss s neuGsd Dec and oonveySd and y
executed Gy aH a pSs aan sd oaS anS
william X Kitchen, bearing date on the 's' dar OF
Xii which will be sold ne an entirety free and dis
charged OF and from the liens and circumstances oi
and from each and every q said deeds Of trust OF
mortgages, and nee and discharged OF aud ironi all
saa deeaecs ionna and rssei sac the ior
taxes therein referred To- any sne. liens shall 5s e-
Of The II pefSvss i a Sr Ee 20 H e e srGSs, S
certificates shall remain unTaid At the time OF ale
THE TERMS OF SALE WILL BE As FOLLOWS;
Tho purchaser shall pay on the day OF ssiC, or With
days US the undersigDcd may deSsnate the day Of
.aie, the sum Of two hundred thousand dollars tso;
IN the ntme have applied out Of any earnings Of
TSf on 'T ha eG s q snV Of + the
ltallroad COMPANY or to such other Ilrposss Is ne
orders y oH ne Ss court and any sums WheS at The
piratlon Of the said ninety days, he may have ~ hand
be deducted from fhe amount 50 required to Lo paid
For so much of the purchase-moncy as shall no
equal to the balance q the interest due and accrued
Comrany at the date OF the trusted ei hereinafter
| mentioned ns directed to he made for the security
&c %na as mSS MSere re- win 81 ~ nsS
as possible and made known at day Of SALE credit
equal animal insallmPnfs, with interest thereon at
the rate of six Der centum per annum payable semi
| annually.
FOR the further sum of four hundred and eighty.
seven ihousand, 1--WE hundred ond seyenty-eight DOL
lars and ninety cents tslS5SOJ, trept esentng the
principal due under the trust deed to Young and
found and stSted to BE- due IN tho sshth Tsr graph
said decreeSj and also for any additional sum which
eighth paragraph m, ntlored. uhe amounts vi er"oi
VII be @sSerHinsd as Sr rs possible m a.. aud I'm, made %
r EST anI @ ar EsyRsS R
T siss he he o. he eg pr cent bonds Of the
Virginia Central Railroad Company; and With inter.
Of six Ter ccniam per annah, payable scmi:annuay
For tho further sum Of one million eighteen thou,
%nS onstSSdns under he 2usdecd or Ortsass Fry
hs n n pnS SH %SE, SS Of ngSf WHn ie spr
TO be allowed from the date Of sale until the LIST day
Vi Um ' pei annum ii payable mIsnnasly. Payment
the said several sums for which crd rs above staec
bonds which may be issued as hereinafter mentioned
Is to be secured by trsiiecd executed to the salts
sold, constituting lst lien thereon, 10 be execute,
BY ihs Court simultaneously with the delivery Of In
{ conveyance OF the premises to the purchaser.
rns sa rus, deed shall 9y i,s Is terms @ maintain an n
different classes OF bonds OF the said virginia Contra
Gsna S
which cTsd 70 Ss a. S @ shall 6s err
. Titled to receive the same; and IN case Of any dt
. agreemen,sas as to Tho form and tenor nc Thereof III
f en%bs % Be or f u
sha ii desire et 10 anticipate !Ss Psyass i
said several sums n TespeG' Of which credit IS to
i ofthe Virginia Central iailrGad Company the Sc,
my srSas and issue O T. !@S g s In a.
IS thereof when and to The extent that the same shl
be pdorsed with the csr!iica.s Of the trustee IN sal
Cceing in the aggregate the aggregate amount OF ii
existing lndebtedncss Of the Virginia Central Raj
ard p espan..s, with interest aS"rasd led aid to aceT' err
thereon, and the amount which has been ascertain!
to he due to and dpCrced In nNOr Of the stale Of vi
gnla Tor arrears oflnTes, and u such denomination
md tenor said purchaser or his representatives
assigns may determine.
rnc said nonGs are to be endorsed by the trust,
~
part OF the snid existing Indebtedness Of the VirGh
and P MIr%aT OF S S ha iii hovep
Is previously paid OH or upon the receipt by him of q
= surrender TO hG orgn eIniy%ent anoant II, lhe o6
I 9mi s5STSm S;5, Of Pc he SS rm cma ard II
n9nGamy iGr 'mn naTt a,Tdr of the pur'haSe'money
rhe ret revenues and cIrnlngJ OF the property a
cruing hetwct the date OF sale hnd the co !v"ynnC"
possession 1.-THE purchaser or purchasers his or ihe
fepIesenliiy,s assigns, thai may not be olherwi
d.Spu ed OF In pursuance Of the orders Of the COul
@ OF fP%S % cySr H Ss a e benS he Pu
chaser or purchaser, his or their representatives
assigns. and, In the first place, toward the payne
aud dtcharge ofthat parL Of the purchase -money a
due Interest The bonds Of the Virginia euIral Ia
road Company. or toward the payment OF any inNa
HeWccn III" date Of sale and the transfer aid t0HSG
auce orthr property 10 the purchaser, In such order
at For 10 much of the purchase money as may be a
10 pcable to the payment OF the a't-duc interest on
c%" by thc chesapSaEe @ @ and 6Eo railroad compa
US to Duncan and Calhoun and Calhoun and kitChe
respectively, In the ratio and proportion by said
Crets established credit Is to be allowed OF twel
years nom dat" of sale; but the undersigned will
cuVr from the purchaser or purchasers his or The
Representatives or assigns the Interest coupons OF I
% ar ya%S TI1 Of tie sa % coupons % as wi viii be % pay"Tc
holders Of such coupons upon the distribution Of I
DEGREES settled and determined
For so much of the purchase.money as may be q
pcahlr to the payment OF the principal Of said Ia
mentioned bonds In the ratio and proportion by s.
DEGREES established the purchaser or purchasers his
rplFtspntntiNpS allowed
credit for such part thereof nS VIII be due and payni
IN respect of each cas- of bonds for period OF til
g. corresponding to the time which each class resp
lively has yet 10 run before the maturity thereof
That portion of the purchase. money which may
applicable 10 the payment OF the Interest due nj
dale Of sale and to the principal Of the bonds und
the said two deeds last above mention ~ respect
which credit is EiYen, or 80 much thereof ns may
main outstanding and unprovlded for At the date
the conveyance to the purchaser, must be secured
u deed of trust or mortgage executed 10 tho shtls
ton OF the Court ranking next In priority alter I
liens TO To created for the security Of the dti0rred pi
III ments herCinbefore menti ned, which mortgage
deed of trust must he for the common security
bonh-hOldcrS In said tTust.ueeds to Duncan and e
, hOun and To Calhoun aud kllChen IN the ratio a
-, proportion by sad DEGREES Established aud Inter
a' on the for which credit Il allowed Us Horesi
must be paid Srmi-nnnually ut the rats OF six l
Ia, crnlunl per annum At such time Us the Court nj
"' direct.
Iruo premise. should sell for n sum mnle than 5
fCput 10 pay aud satisfy all the Hens above NJ,
must he paid by sad purchaser OF purchasers h S
tneir REPRESENTATIVES Or Assigns, In CasI.
The salr Is to ba subject to the ratification or rel
ton ui the court and oSsessOn Is not To be dylivvI
until tile snlc hlus been ratified by the court and all
conditions OftEe dccreus have been complied wi
including the giving of tho proper indemnity TO
Receiver 10 all his then N.stng contracts uiIh
bilNlrS. whe her made or incurred IN his own name
- ia the name Of h. company, nor Until the court S