National Republican., 1878-01-18

RaiIfoad Company aud others also therein depend.
pS 1%s s ssSiess ffs s
i9 the highest bidder q the 20, ms Of the Sham9er o.
6e eGlTf "a S,S hoAR RI 5Rb s65R 13
1n ny RysS nHS Il tRe
Wesl Virginia, together with all its ERANcHIsES,
EisIs EIfH!s AS% For Ssao9H 9HHaSEGdt Y
BRiDdBs, and all other rlghls and privileges what.
SGif5 i T. se% !iG%E$ $ijSEte Ss., SE iS
sana Aofs aR@ qfsGE 3p %heTSo
SSnainsd IN ihs Inventory and reports made ,,SE SE
IS;nf 20 pa at ne ote q the iscsiyer in ,ms the
bc ore the salcihat 5 10 say, ali and singular Inc
a PaSe WclRs o 8ns e eSeea . Sy he %
gina Central KGiiroah company, bearing date on
ieFcs. and faiciiisccs embraced in ;ald m9riEgs;
all and snsnHr ne premSSes rights, prlHesgd N ssSd
Sy The trgsl.deei 70 ii. W Try, William 4. Maear:
day o. June. isa nIT aud singular IN, premises,
yetsi "a and BY the irusi.deed 10 John b. Young and
RSroud Sfs SeSTnS daS ON The Gt dsS Of Feb
runry lsOJ; al and singular the premiscs rights nnd
snd Gy .he trastdesd 10 Philo {. GalGoSn William
butler DunSan, William 9tt0p AID Mahew ,,1 y; MaY'
bearing the list day OF October, sCsi all and
chsS. f 5eHsss
executed bv said Chesapeake and ONO Railroad
Dun1nn bearing date The 18th day Of January lsG
and 9 and sisss e PTg ng ] Is md pTdysT sN c
!Iust:desd executed by ,ad S%hGsaPeak%e % % and Ono
William X. Kitchen, bearing date on the ist day OF
HilWieh will be sold as an entirety, free and dis
charged OF and from the Hers and neunbranccs q
the SAID several MORTGAGES and deeds of trust and OF
mortgage, aud nee and discharged Of gnd from ali
In said dCCrees found and rcced except the liens for
taxes therein referred to; 4 any such liens shall be es
Of TIC recsiver for the payment Of the arrears q
oftihCates shall remain I'M, ad at ihe time Of sale
THE TERMS OF SALE WILL BE AS FOLLOWS!
The purchaser shall pay the day Of sale. or with
days as the undersigned may designate on the day Of
sale the sum Of two hundred ,housand dollars GIL a
~ the meantime have applied out OF any carnings of
neSrnsS sS rS on S' he t SIX sG o y s Va
Railroad Company Or TO such other purposes us NE
orders OF The court. and any sums which, al the ex
pal ion o. The sad ninety day. a.. may have y @ naEd
be dlducted from the amount 70 required to tie psd
Tor SO much of the purchas money as shall be
equal to the balance Of the interest due and accrued
Conn any at the date of the trust-dsei hereinafter
tRcTcof ana as may be fSn SnT&d and unprovIded
fnr. Uhr whereof will be estimated Us nrriy
to ne allowed or three years from day q sale, in
equal annual installmCnts with interest thereon at
i
for The nrtner sun, of four hundred and eighty.
seven thousand five hundred and scvsnty-eight dol
lar and ninety cents sis,5. Sg0, uepfe;entng the
oSd and stu i"cd pS to be due IN tie srhth rrIaph Of
may bs due account ofany Ihs claims ia le said
eighth paraernph mcntioned. dhe amounts whereof
known on day OF saleJ wih Interest al the rate OF
sSn, sToh S5 SG m ST ha & ESe %heh r%Tr
seit lhr ErncPp o. he eignl p,r cent bommS ql the
ct tpon the !, sdne Of said prnil sums at the rate
For M he riRsf tTm r OF one Son SH sisiiseR hoH
sand dollars (si,1lsooo) rerrcsenting the principal
10 the Beard OF Public Works OF vhrinlp credit Is
Of July, iSs7 with interest the ac OF sx per csni.
Tie lie iaid Tevsra sGRs for Which c"jt as afSvrsard
sto allowed, and the Interest therro n. ana OF the
Is TO he secured by trust deed executed the satis-
fio4 J Of thS ESH a. on Al ALA All singular m the he pTSse
and delivered 20 trustee or trustee, to :" appointed
CONVEYANCE Of the PREMISES the purcha'cr
fne sa d trust deed snail by lis terms maintain ard
preserve all existing priOriCs OF lien as between the
different classes OF bonds of the said Virginia Central
lHsi,rGal Comlany APproprlats and convenient
Witch G credit S IS 70 be given as Hor shall be ere,
titled 10 receive the same; and III case Of any dis
Gprccmon,sa as to the form and tenor thereof the
{ application. To enable The purchaser or purchaser,
or his or representative or assign fine they
said several snmsin respect Of which credit Is 10 be
allowed G' 9ioresad Hnd 10 provide for The EGinl:
ofihc Virginia Central I;RlIr6ad Company the sew.
y bay and and S sue From line to f me udSr
-" sl9 deed OF rus and 10 9r secured % by Tue Ter
be- indorsed with the certificate Of the trustee In said
cerdlns in the aggregate tie aggregate amount OF the
existing Indebtedness OF tho Virginia Central Rail-
and exTens, with Interest accrued and 10 accrue
| he due and uPCrUpu In the pf
gna Tor arrears of taxes and Of such denominations
and tenor ~! said purchaser or his representatives or
rns said oonds are TO be endorsed by the trustee
when requested, to the effect that they secured by
part OF the said existing ndebted9Sss OF ne vlrrna
leinS and expenses arrears or,Scs shall have been
value Sreof @ ~ With se"racG Hc% T or run npSn Sn RS iS
surrender TO hig OF an equivalent amount In the Ob
sxs 'eSs fSo S Of ' lie Ss n " te Il tnS
Company i9r that part OF the purchase'money for
rhe uet revenues aud earnng8 Of the property ac.
Grnng between shs date OF se @ng The SoIysyanGS Of
IepreSenla!iyes or ssgns that may not be otherw ise
win DC appropriated and applied under direction Of
the Court by the Receiver 6r the benefit OF the pur
assigns, nnd, in IIe hrI place toward the payment
Que Interest on liz bons Of The Virginia rera sa
OF @ so 90 sH Sy raySSa
between the date Of ,arc and the transfer aud convey
| the Court may direct,
For 50 much of the purchase-nouey aS may b, ap-
plCblc 10 the PAYNE nj Of the due III,
bonds secured by the mortgages or trust deeds
| cuted by the CheApeake and Ohio Railroad Company
| to Duncan aId Calhoun and Calhoun nnd KitChoIl,
respectively In the ratio and proportion by said dc
CTcts established, credit II To b- allowed OF twelve
years ron date of sale bu the undersigned will
cciye rou tie purchaser or purchasers, his their
representatives asslgs tho interest coupons OF the
said bonds IN payment Rt such rate per Crnum OF the
par value of the sad coupons ms will be payable to the
holders OF such coupons upon the disr ihon of the
proceeds Of sale under the prlOrities OF lien by said
DEGREES settled and determined.
For so much Of the purchase money may be ap-
plicablr to the pay nchI OF the principal Of said las.
mentioned bonds IN the ratio aud proportion by sad
their representatives. or assigns Will be allowed "a
credit for such part thereof a. VIII b due AMI payable
In respect OF each of bonds for period OF time
| spending To the time which each class
tvuly hus yet urun before the maturity thereof.
That portion of the purchase money which may be
applicable to the payment of the interest due ut the
date Of sale and 10 the principal of the bonds under
the sad two deeds last above mention In respect Of
which ere III Is given much thereof may
main outstanding and uuprOVldSd for ut the dnle Of
tht conveyance TO the purchaser must hr secured hY
deed of trust or mortgage" executed To the saisfiC
ton of the Court ranking next in priority after the
liens be created for the securty Of The deferred pay
ments herr!Rh"iOre mcnti med, which mortgage or
deed of trust must lc tr the common security Oi
bond-hOhers IN sd tTIist-ueeds to Duncan and Cal.
hUun and to Calhoun and Kitchen IN the ratio and
proportion by SAID dpt established md interest
ON the sums for winch credit Is allowed ns niOrt-Atl
must be paid Srmiuuuually at the rats Of six per
ccntum per annum ut such time aS the Court nj lay
direct.