National Republican. (Washington City (D.C.)) 1872-1888, 1878-02-07

polluted by said decreos will sell nj public auction,
Sommeree, No 10, Main street. IN Il he city o. Rc
%Spd a. ne hour S g, .wslye n 5s y PAS 2P
GiiYk PisXiiE AND OHIO R4iIRohb COM
o. RSs Si RSw n R tie
Xirginia, to point on the Ohio River IN tho stale Of
fi HssSsb pifgiI T asiuaes
gHIsES, FOR :, KxTENsloNs. BRANcnEs
iSS s' sH,% iiSRas IsSGfR sSc
sSaIainsd II ihs INVENTORY and report. made z
S vol &c b. e. de 81 u. By IN
Be 9Es ne soths 4 e say al and singular ths
Of Public Works Of Virginia, executed BY Inc VII
ginia Central hairoad COMPANY bearing date on
legos, and franchises embraced In said mVriFnsri
all and singular tho premises, rights, priyiese.l
y ihe fpsldssd 70 II. ~ fry William T. ac.
land, and James Lyons, executed by. said vlrginla
day Of ians is5ii al and singular ihe premises
sh Da E and anshss n included 9 ami con
Robert Il HoWison, execlted by said Virginia Central
rSsy isc6 G al ad Singular he ~ premss fsS, and
privileges, AID franchises incuded and Conveyed In
faa sy S s WnS 1 P 6on and MSs
~ by the Chesapealte and ohio Raiiroad Company,
cns. i"s RnS a
Company 70 fno g Calhoun and william Win Basisr
Dan6nn bearing date the 18th day January ls7G
and fraaSSses included and csnveysd ID md By thc
* % PSS g. sa
William x: Kitchen, bearing date on tue st day OF
Ali which will be sold an entirety, free and dis.
charged OF and from the liens and incumbrnncss OF
and from each and every one Of said deeds OF trust
mortgages, and nee and discharged Of and nom ali
in said DEGREES found and rocei except the liens Tor
,ase. therein referred 70 e any such liens shsl 9s e
q e res s e, ne % The ,s
certificates shall remain unpaid at the time OF sale.
THE TERMS OF SALE WILL DE AS FOLLOWS:
The purchaser shall pay on the day OF SALE or with.
days the undo Unsigned may designate on the day Of
sale the sum Of two hundred thousand dollars W2p,.
in he have applied out OF any earnings OF
the road amer the day Of sale TO the interest duo and
anne may have been properly appliSd under he
piraton o. the said ninety days b. may have N hand
pc dtducied from the amount 50 required TO 10 paid
equal to the balance OF Inc interest due and accrued
on tho obligations 81 the Virginia Central Railroad
mentioned. ss dlrcGied 10 he made for the security
thereof and Ms may be then unpaid and unprOvidej
rs possible and made known ut day Of SALE credit
Is to be allowed Of three years rom day Of sale, 10
TIN rNt Of six Doc tenuh per ahnuni' payable semi
seven thousand, 1--we hundred and seventy-.ght dol
lar. and ninety cents as ';ss1 trePresentins III,
1ioMi'on and Else the IT. rc a. Of he several sum,
said decrees,l and also for any additional sum which
may be due on account ofany or the claims IL the said
vii be @scsrnned as a. p sdSTs ad sd.
known on da, OF sleJ wlih Interest at the r.te o.
Ssn he sum W $3.50 ha nat repr
sehts the Lrncipa Of he eight pr cent 9ons Of Tho
Upon he rsaa said p ,a n S S't he rs,
Of six Ter cen,un per annnn laynble semi.annually
sand dollars lf.Os,Nol representing the prinoipa
outstanding under the ,rustdeed or MORTGAGE to Fir,
TO the Board Of Public Works of Virginia, credit
Of Jniy. iss' with interest al the rate Of SIX per cent
n m per annuml payable semtannusiiy. PAYMENT Q
il to be allowed and the Interest thereon tn
bonds which may be issued hereinafter mentioned
faction OF the Court on ali and singular The premise
sold, constituting first lien thereon, to be eNecutr
by The Court nainnsosy with The Sriivsryp Of d
| CONVEYANCE Of the premises the purchaser.
fine sad trust deed snail Ly its terms, maintain an
different cinsres OF onds Of the said Virginia Cent,
R nns
% sSSa to s Ss
titled TO receive the and IN Of any d..
Snail be and I BY Inc Soufts %
application. To enable the purchaser or hnser
sfai desire 10 do So to anticipate Tie payment Of ID
said several sums IN respect Of which credit Is TO
burSs@sSt Of sums pai IL respect 81 o Inc deSine
Ofthe Virginia Central Railroad Company, the scS
they hay create and issue lronI time to time undo
TIE sHiS deed Of rus, and to BE- secured by the lie
10 ndorStd with the certificate OF the trustee in sal
Ceeing in the aggregate the aggregate amount Of IL
cSis lug indebtedness Of the Virginia Central Raj
aud uXpens,s with Interest accrued and TO accri
| t'rrrun, and the amount which has been ~ CeraIne
ginia Tor arrears Of taxes and Of such demon nation
and tenor rs said purchaser or his representatives
Tne said oOnds are to be endorsed by the truste
when requested. to the effect that they secured b
part OF the snid cxstnS indie tedn,ss Of The Virrini
central Railroad Company. or OF the said speciil
previously paid on or upon the Irceipt by him OF u
surrender to him OF an equivalent amount IL the obi
gallons required To be given by the purchaser to III
| company for thai par Of the pnrchnse-nOEey 10
| VIII ch credit Is to be allowed.
The el revenue, and eurlnyr OF the property aC
cruing between the date Of sale ana the conveyance
p session to the nurri'nseror purchasers his or the
DISPOSED OF in pursuance Of the UrueTs of tile Conr
| VIII ~ appropriated and applied under dr'rtiun q
,h'.rr purchaser, lis OF their representatives, =
u~>igns aud, In the first place, toward the paynIcI
pliCnblr To tho payment aud satisfaction o. the pas
due interest on the hOI> OF the Virginia entra ltpl
road Company, ar toward tho payment OF any install
nenis of Interest that may become due and pHyabi
lttNUen the dat" Of SALE and the transfer and convex
HnCe OF the property TO the purchaser, IN such order
| the Court may direct.
For 81 much Of the purChasg 81. money n, may be nm
Ugle to the luynIi nj OF tie due Interest ON III
bonds secured by the mortgages or trust deeds exc
| iulpl by the Chesapeake nnd Ohio railroad IOmpau
to Duncan amt Calhoun und Calhoun and Kitchen
respectively, IN tn ratio aud proportion by said ii,
CrriS established credit Is TO h. allowed of lively
years rom dHt" Of sale but the undersigned VIII r,
c"Nc nom the purchaser puTuliv,rrs his or thpi
representatives assigns, the int CUupUus lii
sNd bonds ~ payment NJ such rdu per Crntum OF Ia
hr value OF Inc SAID uOupulh ~ Will he payable to h
| holders such coupons upon the dsrlbutlOn Of Tia
proceeds OF sale under the rrigri'ies of lien. by sal
| DEGREES settled and determined.
For 50 much Of tie puTrhpse-mOney MS may be M
plcblr To the uaym, nj of the PRINCIPAL If said nS
mentioned h,mts In tho ratio and proportion by san
DEGREES established the purchaser or purchasers his
| Their representatives or uSsIglIs, Will be allowed
credit for such part thereof viii be duo and pAyHhl
IN respect Of each OF bonds for Irrind of tim
| corresponding To the time which each class TrspcI
lively has yet L. run before tlu maturity thereof
Tia, portion OF the purchase money which may b
applicable ~ the payment of the neTea due al III
date Of sale aud TO the L inCpa, It hg bonds unde
the Suld IL eds last allow .mpUI on In I, spCt
| which ere III ID wen much thereof Us nIuy RI
MAN outstanding md unpruvided Tor at the dnIp q
| thi comNeNAnrr to the purchaser must be- secured b.
ndv, OF trust OF mortgage executed 10 the sltisflC
On o. the Court ranking next IN lUTity alter Ia
ei- to hs created Tor the secuTy OF ihc deferred LAY
| nents herr tnh"lUTe meni nod which mortgage q
deed OF trust must lie for the common security u
bund-iuldrrS IN ii tTuSt-uutls To DunCar aud Cr
hUun and to Calhoun aud Kitchen III the ratio an
! uroprrIuurhV sand dee established, "A d INTER :
On the sums Tor which credit Il, allowed as
| must b. paid s"mi-unMually Ut the rat Of six D.,
| Crntum per unnum al such time as thu Court MIA
| direct.
81 I,r inrnse, Il AZ all FOR q sum lun.e than 4
| NIaul To pay and satisfy All the liens nhUve men
| TONED aud IrOr T. the Judgment liens the suTplu
I,tT = ~, sen Nj 4 "a IN ASST tI ptlaI