National Republican. (Washington City (D.C.)) 1872-1888, 1878-03-07

uerTee1
ae No. oi Main s street. 1 IN he ely
RspS !. Is e Ss snts q
C1JLsAPEAKE AND OHIO RAILROAD CON.
g S Rys SeS%
xrg9a 70 point on the Ohio R ~, II h Ns Stf q
f hSssS TisSSiI S|sH y E$s
SRi6Gfs and all oiScr riss and privileges Hhs
MA cheS E Ess s snG Sa
sonal, a more, particular description whereof Is
@ n under nd e Sr "@ q 6sp0c Which
w posing e e the OS ectS
sex q es%ona % .S Sy all "ns singular
fREMisl embraced in he ihortsase 10 Tie Board
Of Public Works of Virginia, executed by the VIZ
81 81 H%!Gsa nsnSns %
eYes and franch,ss cm6raeed IN 5aid mG1rEassi
ne ss |" fy G William 2sSeG @ II and
Central hsllroai Company BEARING date on The "a
viewed % and By The irus-deed to John b Young aud
itSiroad Company bearing datS on the Gtfdsy Of feb
ranS s a and singular !he pTen mi rights Ard I'd
And by ,hs rastSsen to Pho GGglh9Rhn Vivian Nam
~ by the chesa;pcaRe and Ohio Railroad Company,
bearing date on the LIST day OF October, ISIS; all and
shses included nn eonveyed IN Rnd By he
| executed bv said chesapeake and Ohio Railroad
duncan bearing date the 18th day Of january; $50
and al md snSHr are pr rG rhs pryegfs
itusi.deed executed BY said thesapeake and OHIO
William <: Kitchen, bearing date on the list day OF
(which will be sold as an entirety, free and dis
the sad several mortgages and deed. Of trust and OF
mortgage and nee and discharged OF and from all
s nn s n 9 fSerS T ac aSa the p @
taxes therein Referred o. e any sn,h liens sh9i Re cs
taxes due 10 the state Of Virginia u any of The said
certificates shall remain unpn ut the time OF sale.
THE TERMS OF SALE WILL BE AS FOLLOWS;
The purchaser shall pay on the hay of sale, OF with
r. such short time hGrSmier not eNceSdin ~ n m,
sale, the sum OF two hundred thousand dollars S2D
IN lie mestnic have applied ont OF any earnings OF
the road after the Jay 81 sale 10 the neTes due AND
IIairuad Company 6r 10 such other purposes the
same may have been properly applied under the
rraIion 81 the ldnincy days, hC may have III hand
1dF o he amount 81 so reG S to L. Dad
| For so much OF the Lurchas e.moncy as shall be
on the obligations " the Virginia Central railroad
mcnioret rs directed to be made for the &c urity
thereof IN ~ may be then unpaid AMI UNI, nvded
as possible and made known at day Of salel Hcrcllt
| equal annual insn.lmunts. wiih Interest thereon At
the rat Of six per centrum per nhnuni' payable semi
| annually.
FOR the farther SUM OF four humid ed and eighty
| seven thousand, i've hundred AMI rcveaty-c.ght dol
principal sum due under the irust.LceItu Young aud
1lOwiSOn, aud also the rrncIl al of the several sums
said DEGREES ) and also for amy additional sum which
may he due on hc cunt OfnnN fnC claims " III" said
| eighth paragraph mentioned, Nhe amounts whereof
T he GsSeE "a" sss ny rs ToSie GG s made i
SGon lie sum oP G H lie III iEST s rSTrs
IA rTTR r be rE and GG % Of taT e
ct upon the residue Of said lrE ipl sums at tho rate
For The further sum .. one nlon eighteen thUi.
outstanding uI.dor ID tusI!,leed or morirugI 10 Fry
and Mr'ar!Snd nG Lynn,, and %'Gcr Tue mortgage
To he Hliovsd rom the date Of safe until the Is day
Of July, lsN, with interest at H." rate OF six cent
tile said sevcr,i .uis for wiIrh G. lii rs Rov slated
sio Q allowed and the Interest thereon ana OF the
Is to he secured by tuwiiCt. executed To tho salts
sold Constituting mi cn tIcrr,,n 10 be ;Nrciitcd
md delivered 20 tuatr" ar tuslcF TO be appointed
by the Court simultaneously with the delivery OF tic
cHINevHnCc VI the ur' iusc' To Tic purchaser.
fne sH, trust decd s.I 10y lt Terms maintain and
Ir%crv, all cxiding rriorly; OF Nh IS b,!wecn lh(
different Glasses orhUmds of tho sud Virginia Crutrl
Railroad comn"my; App"p:!ste and Convenient
which credit ( TO b" gwen MS niUresnid, shall he ere
atcd, issued ana delNcici to the several creditors en-
titled to receive the same; and OF nny dis
nglccipcriIa> I" the iYrm and TENOR thereof III,
application. To enable thr purchaser o. purchasers
or his or representative or assigns ~ or the,
s. .SSs sums r re u %S lie :yra Of to b
allowed, Us aforesaid and 10 provide Tor the REIN
oTtEe Virginia CtmIia iuilr"ad Company, the sov
era spgcc liens md the OK s4se; Of the c!ls" he o.
the said deed of and to be secured by the eI
thereof when aud 10 tho extent that the same slui
be mdor,d With the certificate Gf the trustee in saiC
deed to that effect bonds To ouch an amount, not eX
cxsiims =" indc6teinass of the Virginia Central Rail
road Company and III" amount Of such srcciiic lien
thereon and the amount which has bean H,c"rlni4ct
to be- due TO and dyCrrrd IN lvor al the STATE Of VII
ginia Tor arrears OftuXeS and Of such denomination
and tenor ~ said purchaser or ms representatives. U
rue said Uunds are to he endorssd by the trustee
when requested TO Tia" effect that they secured b!
part of the said existing Indebtedness Of the Viryin
Central Railroad Company. or of the said spec!h
previously paid OIL o. upon the receipt by him Of til
par value theYol With accrued Interest, "r upon n
s@9nf eSniES S. to be S,vS r By t' T. tn
Compauv Tor That bari rf tie purchas, MONEY 70
which credit Is To DC allowed.
rncre revenues and earnngB of the property nc
cruing between the date OF sale aud the conveyance u
possession 70 the Durciaerqr purchasers; his or the
fepreseHtES' or asS,So ,H@ a., may not BE- GthrrMk
YIN De m ,G ana G 54 mnGIr G T
chaser purchasers his or their Representatives o
assigns, and In the first place, toward the pnymcn
plIcDlc to lie payment nnd satisfaction OF Tie pa9l
road Company, or toward the payment OF any install
ments OF Interest that may become due and puyubl
between the dhir oi Sll ana lt transfer ana convey
of the property 10 the purchaser In sGCh order
| the Court may direct.
| For ~ much OF the purrhasc-money as may b. Rp
plCalle to the payment Of the la,tduC interest tn
| bonds secured by the mortgages or trust deeds exc
| Cupd by the Chesapeake and ONO Railroad tumpam,
| To duncan and Calhoun and Calhoun and Kitchen
respectively. in the ratio and proportion by said dp
Established, credit II to In allowed Of twplY
years nom dat" Of sale; but the undersigned will r.
cuiyC from Tie purchaser or purchasers his ihui
Representatives ns~gls, tie interest coupons III
said bond, In payment 1T such rate per Cpnlun Of Ih
PAR value Of tie said coupons ns VIII he payable TO tn
hUldrT~ Of such coupons upon the distribution of tn
proceeds OF sale under the rriOriiios Of lien. by
| DEGREES settled and determined.
| For 81 much Of the purchase money as may he uu
pIiCblc TO the payment OF the principal Of said
npmti gnrl bonds IN the ratio ANA proportion 10y
DEGREES established the purchaser or purchasers his o
their representatives or assigns, vii! he allowed
credit ff such part hCTrufH Will he due and pay"hl
In respect OF each a., of bonds for IerIud Of Tim
| corresponding To thu time wIi" each class rusIUe
| lively has yet tUrun before the maturity thereof
That PARTON Of the pur base money which may h
applicable To the Ray mrnt Of lie lmyrrl Cue II tia
dale Of sale and to the principal Of tho bands undo
the said two deeds last HhUvrmeniun' IN respect e.
| main outstanding ana uHptONtcd for ut the dHtp u
the conveyance TO the purchaser, must he secured ~
deed of trust or mortgage, executed TO the >lllsitC
ton OF the Court rUnkng next In priority after th
menlH lpIpinbuiuTr mentioned, which muItgitgr u
deed OF trust must be for the common srCnritv Il
| bond -hOldurs In said truSurcds to duncan aud Cal
hOun and 10 Calhoun and Kitchen IN the mltO am
proportion by sad dcCr,Cs established, and mlurrs
ON the sums for which credit Is allowed atOTpsai
must he paid SrmiHuuuHly At III" rate Of six pc
crnlun rr AMMAN Vt such tiDC US tho Court ma
direct.
Irthr premise, III puld sell for II sum more than sl
Gliaut u uAy and sl,isG ~ the lens nlO,r nAgl
49, k