National Republican., 1878-01-15

Railroad Company and others Also therein depend.
pSas i "a BY a IS Rffa a S
y the hihss dasr a. the roS ms q The Ghsn9eI " % 2,
i as es.Fs IIS sa,P saM
and G2y 4 G Iso, 9,
Mi; Xsps pisiHTefr T 81 ne,ns s sR4EcRIs y
BiiiIdis and all ei6cr rights and priyiise yGal'
i%5iii y f fSS E$ $GSGEf b. 5SsS n
SnnsS 10 TySsnioy and 5spor; %af nSS x
VIII rSVsg e. open SsE r 's espson SSs pSsp, pro
roslng 10 bid, at ihe oGiec or tho receiver, In The
Sso q ne sS%, S All sTiGla "ni assr s
hst % smbrasca IN ihs h,9rtgnse to ", b2gId vr
H 70 Gsnts % nsrGsa SSg SaE9s ?S Sn
nil and singular the premises, rights, prlylesesl
ED T:fSs "'TaSS H. fi Hp9 %TPGSSS'f aHa
land, aud James Lyons, executed By sid Virginia
dSy Of June. ISL: oil aud singular The premises
righG prlr'MEcs &C. and irlnehs,s nrlnasd mnm con on
Robert \ iiowison, executed by sad Nirgina Central
ruary lisa; ail anu singular lie prenses rights and
priylcg,s aud frnnchs,s included and conyrSed IN
nuilef duncan, William orton aud Mathew i. Mau.
y 6y The GhssspsskYe and opiS M Si.ro%a . ConPy any
TIT nS rSn Il Prysfss Pp Ss sc Sna Es
Company TO Philo c. Calhoun mud William Butler
and and frs""SfsrS iHcIpdSd and conycySa j md By hs
Rairo' d cSmTany to The sad Philo q Calhoun aud
| William 4: Kitchen bearing dats on the lst dav OF
Allwhich wl te sold a; an cslIrrty. free and dis
charged or and from the liens and membranes o
and from cnch and every one u a,ld deeds Of trust OF
aud singular III hSns Of every Kind aud DESCRIPTION
sai dccrscs &C. 9and Hnd rrc,,ei sScrpt Tie eps rs Tor
taGiscd mi uic lien Gr ie cert d aics OF lndebtcd
%Sc! o. H. ag 70 fS a Uf " We Tn Il - ag we o tSs ala
c'rthcais shall remain uui at the time OF salc.
| THETERMS OF SALE WILL DE- As FOLLOWS:
The purchaser shall pay Un the day Of salP, or with
IN such short time Thereafter not rScscdiIig ninety
days A. The nnJgrGd , may 1n ls Day Of
eH' In cash but gny SIMS which tie Receiver sha
ihr road amer the LAY S sale 10 the nIercst due and
accrued OF the legations OF III" virginia Central
Sio may hSe been " prGp"riy VI" SprSG under lie
urisrs Tho court. aud amy sums witch, nj the cN
after rNying lheetppnssi of operating The road, siui
be d. d'c'ed from III" amount so required to e paid
Fot so much of the purchase money a. shall be
OH the Obligations Of rhS Virginia CentraI Iaiiroai
Com Eiy I" tho date Of the trust.d, hereinafter
!hcrrPG m as may be then umrnld and nnnrnvi,ed
Us pg>sii !" and mace known Ut day Of sale credit
isio hr mowsi o. ihfrG YEAR, rom dny e, .als, N
|
I'll" ~ Ut SIX Ter tehium rrr nhiiuh pa! ab!c semi.
| annually.
ror thc nrthor sun, Of four hundred AID eighty
seven thousand. IivG hunCrei and srvrniy-cigh dol
lars aud ninety cents OsIsa so, rep e,rntIng the
lowlEon. aud also the urirl al Of the several sums
mld and stated 10 be due In Tie eighth larunuph Of
said 'Crrts,l and also for any aid tOna sum which
may hr duo ON Rc,ouut nfnny tue claims III h' said
.!ghih mnasTarh ms nl,oEc.l 'lhe nmqnnis wI,err4l
known on dGv OF surcJ w,ih inler,sI at the rate oi
SS SEo c s Ss of S6 nT" ta arI tRS WhS rsPrS
sfntt III rinepal Of he eight pr cent bonds Of the
est upon the sIur Of said principal sums the
m 11hr %ES ,r T%T "n@n M @ aSnoS sRham
and dollar ,sIOlSnDl r@PTssf,nllng P, The princ@@i @
% 10 ns D ard Of FWSc %cfEs Of VirsIn" % crriI i
u july ss with hcres T al ihc rate Of -lS T per ccn;
@ @ pSr psJ GgTsn pyaS s r HsRnnat wh ymsSl S
10 allow 81, and the interest ihcresn ana o. the
Is TO be- secured by trust deed executed to the
faction OF ihc touit on AL and slngnlarlhe premise
by the Court simultaneously with the delivery OF tho
runNCNnnCr Of the ureInsei tDthe purchaser.
fne sa d trust deed snail Wy Its terms maintain and
Grsseryc all existing rrorcs OF lln rs between lh'
rS H9mpany APrrSP,ntp n and S
which credit 4 to be given rs Aforesaid, shall ne
ntcd issued and delivered to the several creditors en-
agreements as to the form and icHor thCro o. IL,
same shall be settled and prescribed by the courts,
or To s%HS Fs or or Or c
shall desire 10 do 80 to anticipate the payment Of th'
said several sums In respect OF which credit Is to b.
allowed, ~ aforesaid, and TO provide tor tha REIN
oTiG" Virginia Central RailfGad Company lie sev
0rAl specific LIENS and the expenses Of the cause, ha
hc aid deed OF trust aud to % he secnrcd E y h by III" h IT,
herrnf when and 70 the eStent that the .ilmc shal
dee, To that effect bOnds TO such amount, cx
SN @ ~ Of u tha Vsns "t%H, GSF q n al
road JmpRIY, aud the amount Oi such specific lion
ticreGn Hnd the amount which has been rcsrtainSt
hc dive to and dCcreed IN Hvor Of thc State Of yr
Iim!n Tor arrears OftuXoS and Of such denominations
and tenor US said purchaser or his representatives, ol
nssgus may determine.
when requested to tn" effect that they are Ired by
s pa S of @ @ 20 ess r sftS @H Of m VIZ V 3
central llllroad Company. or Of the SAID specific
previously paid 0f or upon the receipt by him OF th'
par value thereof with accrued interest upon III,
caons required 10 be given by the purchaser 70 III,
several crctitGrs of the Virginia Central RHilroaC
winch credit Is 10 he allowed
rhe pct revenues aud earnings Of the property nc
cTulng hwcen the date o sale aud the conveyance 0
possession TO the purchaser or purchasers his or hei
dspo Cd OF in Tnrsnnnce Of Ihs orders Of tho Court
win b. appropriated and applied under direction Of
chaser purchasers his or their representatives ol
ssss Snd in !hS fir, Pl9G&r & t%%nra the psym"m
sG6Is !" hs PSy5SmI & 5on ard ina HSST OF nf
road Company, or toward the payment OF any Install
ment. of Interest that may become due and pAyabl,
between the date OF sale aud the transfer aud convey
of the property 10 the purchaser In such order
the Court may direct
For much Of tho purchase money as may be ap-
plCle to the payment of the paSdue interest ihG
bonds secured by the mortgages or trust deeds exc
| Cued by the Chesapeake and Ohio Railroad Company
to duncan and Calhoun and Calhoun and Kitchen
respectively, In the ratio and proportion by said de
CrprS established, credit " To br allowed Of twely.
years nom date of sale but the undersigned will
c,vp from the purchaser or purchasers, his then
representatives. assigns, the interest coupons OF th'
said bonds In payment at such rate per cenum OF III,
value of the said coupons ns VIII he payable to tho
holders o such coupons upon the dstTibutOn of The
proceeds OF sale under tho rurIcs Of lien As by
| DEGREES settled and determined.
For so much OF the purchnsc-money Rs may he np
plcablr to the payment OF the principal uf said last
mentioned bonds in the ratio ana proportion by SAID
DEGREES established the purchaser or purchasers his O
their representatives assigns, Will he nlluw wed
credit r such part thereof VIII be due and payable
In respect of each CnSS OF bonds for period Of tml
| corresponding to the time which each class rcspec
| lively has yet to run before the maturity thereof
| That portion of tho purchase. money which may bs
dRe OF sale and to tho principal OF the bonds undei
the said two deeds last above mention In respect
which credit IL .ven, or 50 much thereof ns may re
main outstanding and unprOvided for at the date u
the convey ance 10 the purchaser must he secured by
deed OF trust or mortgage, executed TO the shtsAc
ton of the Court ranking next In priority after III,
liens TO be created for the security OF the deferred
ments hGTeinbefOre mGnti iunpd, which mortgage Ol
deed of trust must be for the common security o
bOnd-hUlders IN said trusideeds TO Duncan and Cal
hOun and 10 Calhoun and Kitchen in the ratio ant
proportion by sad deCTrcs oslabllEhcd, hud nterrs
on the sums for which credit II allowed Us uforeRaI
| must br paid senkannunlly M the rntr OF SIX pc
ocntum per Gnnum at such tInG ~ the Court ma!
direct.
Irthc premises should sell for y sum niOie than sui
hCiunt to pay and satisfy nll the liens above mon
nd IT IN IN ind EN-. liam