National Republican. (Washington City (D.C.)) 1872-1888, 1878-03-25

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and Calhoun, trustees, VS. the Che'arelko and Ohio
pointed BY said DEGREES viii sell At public auction
sommefes, No iiOi Main street IN the city oI Rcl;;
m3nd ut The hour Of twelve m, on the ?D DAY OF
tPfxka6E e &N6 66 ARihn 6b 5 oM
RYsa sp below GRps5on ia Ire a Of
VIRGINIA, to point on the Ohio River, IN the stue o.
HssI. PSiSff Tt 81 hcu ShsEc feas
| nn1biiSSf G;,s FOR EXTENsioNs, BiANCHhS
M ma oibcS h2T Sss, s n%
s son,l, a more pprt.cnar deacription whereof Is
sSf9 IN G S Ss STcr and q fsor; %E
E e at Ss dss y he By
bsiors ne salethat !, 10 say all and singular The
Of Public Works oi virginia, executed ~ the VII
gln'a Central halTcad ConGnny. bearing date on
S,ges rs and irare!,Ss emIraced in sad m9riEage
and hancRi,es Included and conveyed II aud and
BY the trps!.deed % II. W. Try. William u. Maca
Central Railroad Company, bearing date on the d
day Of June. 1854; ali and singular the premises
yoyol and BY the trust.deed to John b. Young and
BoSSI II lioMson eSecuted by said Nirginia yn!ra
rqnry ~; alI and sinsuar the premise rights Spd
and by The trust;deei to iihilo {. Calhoun. William
butler Duncan, William orion and Mathew i. Maui
Of Se st G Gay 9 o. Sc EFoTs nd
sSs nS rss prn &c and iran
executed bv said Chesapeaie aud OHIO railroad
nS nnI to PniIS C. Calhoun and W,am Butte! ne.
Snd s ana singular ths prSmsss rights privilege
,rust.deed executed by said t'iesapeaEe and ONO
l,nilroad COMPANY TO tho said Philo &. Calhoun and
which will be sold a, an entirety. free and dis
ahe td n,prsages and deed. Of trust and OF
and sc sd ds si Of and O. n al
nnd Singular TUG lien, Of every kind and d,Scrirtlnn
iaSss therein rae1cd S h any such liens sa he %
tabsle, md the lien for the ccrtcnes OF Indebted
% se 5cS SSn ai Hs a q a We 81 ire ala
certificates shall remain uni aid at the time OF sale.
THE TERMS OF SALE WILL BE AS FOLLOWS;
in such short time thsTSater not exceeding nine;y
days The undersigned may designate on the day Of
col In cash but gny sums which the Receiver shall
Y The meantims have applied out Of any e.rnnEs o,
accrned on the Obligations q the Virrinla Ccnt,al
same may have been properly applied under Tie
orders OF the court. aud any sums which al the eS.
alter paying tho pcnseS OF operating the road, shall
be d,dnc.cd from iic amount so required to &c uaid
much Of ne EnTch1,s money as shall be
on the obligations u the Virginia Central RAILROAD
| Com amy nj the date OF the trus-i.s.t hereinafter
e%eU n as as may Be- 10 O SnpS n ,Sr Tas
for uhc amount whereof will be estimated ~ nearly
nB possible and male known Mt day OF sale Crclit
is to be allowed OF three years from day Of sale in
| equal annual nsanlents with interest tlcr,on nj
tile rite OF six per Centun per nnnum, payable semi
| annually.
FOR the nrther sum OF four hundred and eighty.
| seven thousand, i've hundred and ssSelty-rght dol
lars aud ninety cents (sIsTJ-sOl IreTt eS-itlng the
primcpal sun, Iue undcr the lrusi-lGsdt to l0s and
found and stated to be due In The eighth paragraph o
ma" be due On accoant oTany Sfle CLAIMS % Ia Inc sd
| eighth paragraph mentioned uhe amounts whereof
Known on day Of c with Interest q, H ris q
Ss s S9 o Ra n
amTp rG @S E p cent "n GG viii Of s
| Of SIX Ier ccnium per annuln ayn,le seminmnunIly
sand dollars CtloisOD) representing lie principal
outstanding under the tfuStdsed mortgage 10 Try
na BosT Of P P %s S Of "st Tue s
S r. ri'1 I'VE I'll, The e ." rs, sale nG The Is day
I'm per .na ayos,s r s ,ch paSm,n o
Is TO lie allowed aud the interest thereon ana OF IL,
bonds which may be issued as hereinafter inncd
S6S o. S hs co on aud singular he ' pfce
sold. constituting hrst lien thereon 10 be executed
by the Court simultaneously with the delivery OF ih'
| conNevnnc" or the premises 10th" nhr,l 'a'rT.
fine sad trust deed snail by It's terls maintain and
rrserye all cxislm. pr!OrI!ies OF yu rs btlwetn III
different classes OF bonds Of the said Virginia Contra
oSon. e .a TTs S
StS g Ss ssrSEa @
Titled 10 receive tho same and IN ease OF any dis
shall be settled and prescribed by The courts OF
aEpi:cai!. n 10 enable The purchaser or purchaser.
shall desire 10 do So to anticipate The payment Of ti
sTn s"Sern suns ~ respect Of which credit is 70 b
6ITSemen Of sums Paid y rGscG Of the nde3iedne
erhI specific liens aud the expenses Of the cause he OF
they may create aud issue. IRON time TO time under
thereof wl,cn and 70 the extent that the same shal
I a. II n NM moi
ccGtng in The GgErEote the asErcratc amount II u,
rSnd Cnnany and IN. nnoTpi ot s,," svnctc i Lam
and cSIcns,s, with interest accrued and to ncCru,
10 be due 10 and dpcree in ivor OF lie state u Viz
sina Or arrears Of taxes. and VI such denominations
and tenor ~ said purchaser or his representatives Of
| assigns may determine.
rHe said oohds are to he endorsed by tie truste,
when requested. to the effect that they secured b,
tie lien thereof TO the extent ald amount that AMI
Central railroad Company. or of the said specific
Vein" and EXPENSE ARREARS oftaXes shall have beef
Par value lhSrsof win scra"G mtcrc or T apS on H.
surrender To hin OF equivalent amount u the obli
SrSSr Go Of he SS @ a Il
oGm n, , 3r 't part OF the purchascmoney fol-
| rhe ret revenues and earuingJ OF the property &c
cruing between the dat" OF salC aud the Conveyance
reprcscniaycs assigns thai may be oiRrrw IL
disposed OF In pursuance Oi the orders OF the Court
St a hca Hna %RpSS b %%Sf GrH"n
chaser or nnrchnscrs his or their rrprcSn'aiiyGS Of
and discharge Of that IHr Of the puIchRs'-uney np
pli,blr to the payment aud sails Hron OF the pasl
due interest on The bonds OF the Virginia Central hall
road Company Or toward the payment OF any install
ments OF Interest that may become due and puyab,
between the date OF sale and the transfer and convey
nuce Of the property 10 the purchaser In such order
| the Court may direct.
For 50 much Of the puTchase-nloney as may be ap-
plCble to the payment OF the due interest on III,
bonds secured by The mortgages or trust deeds
Cupd by Tie Chesapeake and Ohio Railroad Com pam
10 Duncan and Calhoun and Calhoun and Kitchen
respectively, In the ratio and proportion by said de
Crpts established, credit Is To hr allowed OF twelve
years from date OF sale; but the undersigned viii re
celve from the purchaser or purchasers, bis or thG
representatives assigns the interest coupons OF III,
said bonds IN payment NJ SUCH rate per conun Vt
par value of tie said coupons Us Will be payable to III,
holder, Vi such coupons upon tho distribution Of III,
proceeds or sale under the prUTes OF lien BY AlIt
| DEGREES settled and determined.
For 50 much Of the purChase-money ~ may be ap
plicnblC to the payment OF the principal Of said last
mentioned bonds In the ratio and proportion by sid
DEGREES established the purchaser or purchasers his
their representatives assigns, will no allowed
credit for such part thereof VIII be due aud paybl,
IN respect OF each GAS OF bonds for period OF tim,
corresponding TO The uIus which each class respe.S
lively has yet TO run before the maturity thereof
| That portion of the purchase money which may be
applicable to tho payment Of the Interest due nj III,
date Of sale and 10 the principal Of the bonds under
the said two deeds last RbOV mention In respect Of
which credit is given, much thereof may To
main outstanding and unprDvided for at the date u
the conveyance 10 the purchaser. must be secured b.
Al n "a lhs izf.f