National Republican., 1878-01-24

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e se sss sss @ RIsI ssSs Ss 6he si
Mss Yrps pissSTssT yh s IS gRaNsFss 4.
SHists FOR ExfESsI6Ss. IRxNcMls,
BRIDdEs. and all other rights and privileges what
iSSii; SSiTphSs i = s.f SfSRi sSSsS
sonai, more % pariicaiar DESCRIPTION whereof Is
n hs and 5SspOr made
E :: Ss ONCE The D
Ss ,ss .sIssiSs, :sy ~ and ssEsiRi iss
q PuSe WofHs Sf SPans sacs"!ed Sy Tn he VT
ginia Central Railroad COMPANY, bearing date on
ssc. Isl sSG anSh sIs G
all and singular the premises, rights prlyiegesd
y ihe tr,S.:desd q u. ". Fry. IIiiia9 4. SaeSE
day OF June 1854 aii and singular The premises
Il and Sy hs sq rsdssd e. JoSn Young and
Robert Mowison executed By ssid xGiais 4 Csn!aS g a
Tasr a and snsasr ne pTe%s;es ns right, And I'd
and BY the trust:deed 10 Phllo c Calhoun, William
Butler Duncan, William orion, and Mathew r Mau.
sS ss ss a ny 81 ~ S
nf ss s Il pnG be e ITs ,
9y T sG Sd Sda William SH RH5Ssa Bas
Duncan bearing date on Tie 18th day Of January, 1870
and gu and singular te premises rights pr,yi,ege,,
Ins,.desd executed BY SAID S%he,Spease % send and oh,9
WS to e sa & rS on { Inc s Sny Sa %
Ali which will bo sold rs an entirety nee and dis;
charged OF and from the liens and Intumbranoes of
the sad seS ernl mortgages and deeds OF trust aud OF
Mortgage Snd nee and disehsrssd Of aud fr9m ali
and inSnsr sh @ "n. , o, SSe fna and s rIp %,
ss 10 1i sn s iGS b
o lie rseeTer liz or he pnymnt o he S
laxss due 10 ths state Of yirsinia Any or thc .sd
THE TERMS OF SALE WILL BE AS FOLLOWS;
The puEch.ser sha, pay on the day of ssls or With
days y as the sr undsrssned designate he Jay q
sale the sum OF two hundred thousand dollars soO
IN he meantIms have appIIcd out OF any earnings Of
The rond aer the day q sale to the Interest due aud
Railroad ComPany, % 70 snsh other purposes :. !hs
s % says Sesn al Sdss s e
piraton o the said ninety days be may have N hand
Se dedaSted from tSe amount so required to ts uaid
For SO much OF the purchase money as shall he
equal to The balance Of The interest due and accrued
Com any at The date OF the trus.deei Hereinafter
mentioned, as directed to be made for the security
nS %s %%y Whereof re Hsh win e @
as possible aud made known at day OF sale credit
equal annual lnStniments, with Interest thereon At
the rats OF six per tentuni per annum pnysbl- semi
for The further sum Of four hundred and eighty.
md %Set drs "sas GH he
principal sum due under Inc trust.eei TO Young and
Sna 'bS be due S 81
said decreesJ and also for any add Ional sum which
eighth paragraph mentioned. Uhe amounts vi erect
E BE S al S p wiz ii al hs PG ras
eight Ter ccntum Eer nnnnm payable ssm.,aanuslly
sss R rmep o. he eli egn ~ cent Somds Of lie
Virginia Central Railroad COMPANY: and With inter;
six her % Ssnnm per annn mn o nHH6le sSmhianngHUy
|
outstanding under ID" irustdeed or mortgage to Try
% S NJ FS S "S Of @9&Sf t"e SP
n..ou.. :; in ~ ~ ~ Of sale Sn II 4 Inc sl de-
Of July, lss with interest a the rate OF SIX per cen
the said severn sums for which credit ahovr STATED
bonds which may he issued rs hercinaflcr mentioned
Is TO be secured by trsite executed to the sat
sold, "oSstiu,ns iifs; lien ihcrc5S to be cxccWss
and delivered 10 trustee or trustees to be apponet
conveyance OF the premises to the purchaser.
rne 50 d trust deed snail ~ its terms, maintain ant
M o o sS G i vsSs
dsSn. GSn ES%PSe Ae,SP,a n%s S
which STsa nS IS 70 SS gsn as nGpcss ss 6s ere
titled to receive the same; nnl Of any dis
IA to Il sHS sr% pTm SnG Tmc GT m
applica.i9n To enable ihe purchaser or Eurchasers
shall desire to do So to HnticpSe tie payment Of th
. said several sums ~ respect OF which credit Is TO
6ursement OF sums paid in respect ofthc nLebienes
O.. OF the Virginia CcnlTai nallrnad Company, the ses
eTa specific liens aud the expenses Of the cause he O
hey HE crSa,s and ISSUE fron. .tS time to Tine I'm U1dS
thereof when and TO the extent that the same shal
be ndor;ed with the certificate Of the trustee In sal
cceding in the aggregate ne nggrrgate amount Of n
, eHs ing ndebte,lnc's Of the Virgin Central iini
road Company, and the amount vi such specific lien
and expemsts with ht.Ie,t accrued aud to scrru
to he due TO and dccrd In lnvor the state OF VII
gina or arrears OF taxes and Of such denomination
and tenor ns said purchaser or his representatives 0
assigns may dctcrmnc
rue said oonds are to he endorsed by the truste
when requcSted to the effect that they secured b.
tie lien thereof to tAe extent aud amount that an
part OF the Said existing indebtedn' s. of lhe Nirhi
| central Railroad Company, or OF the sad speCiil
cinS and cSptnsc or arrears OF tnNct shall have bee
value erHoT here % & Or S arn@ if rG c4% % on n
n surrender TO him oran eqnvRlen amount III the obi
%i SSvSrI ersiiiSr. Of the YrSinI" Central iaro% "a
S%mRamy y for 'h"I m bo nIr ] %. the p"rchasenoney io
The net revenues aud earnings Of the property NJ
Z cruing between the date OF sal" and the ovey'mr"
" possession To the purcha or purchasers his the
l. ieprrs"nHyrS Or s',gi,. that may not be- Otherwi'
, viii bs Appropriated and applied under direction ,
T the Court ny IN" Receiver tor the benefit Ul the pu
c assigns and In the ir.l place, toward tho pRymri
: and dl,ciarTe Of thal rar, Of the pn case-honey al
duo Interest ON thr bonds q the Nrg!na enIral ini
nents Of Interest ti% may brc5ns due S aud pSySS
hcwren the date OF sale and the transfer and COnVrl
se s 1 9 1r nny nr"GI c TO tue purchaser III 'u'h or"'r
- For 81 much Of the purchase. money as may ba sp
Bnmds ScSSre S red By the % morFSF Or r deeds S eV X
I, Cutcd by the Chesapeake and ohio Railroad COmpa
. | to duncan and Calhoun nnd Calhoun aud k.tCnrI
respectively, In the ratio and proportion by said III
r, wears from dat" Of sale; hut the undersigned will r.
c,iyc irOm the purchaser or FrCns"rs bis or the
representatives assigns the int. rest coupons OF IL
said bonds In payment At such rate per Crntum Of III
ar value OF the sad coupons Will he payable 10 III
holders OF such CuuI upon the dSrlbuiiun of ii
n proceeds Of e under the rrlGri'ics of lien a. by
ID DEGREES settled and determined
D For 50 much Of the purChlSe-mOney as may he al
piCtbr To the payment Of the prime ral uf said las
mentioned bonds In the ratio aud proportion by sH
dccrCes established the purchaser ar purchasers his
= their representatives or assigns viii be allowed
In respect OF each as Of bOlHS ipr period of tin
core SpOndng to the time whic! each class rrspC
| lively has yet 10 run before tho maturity thereof
That portion OF the purchase money which may /
applicable the IHynIUI OF The interest due n Il
" dale OF sale aud to the inciph Ut lhs bonds undo
which Gre 1T Is wen much thereof may r.
main outstanding and uupruNtdrd for ut the iHle
tho conveyance to tlc purchaser, must b" secured Il
=, deed of trust or mortgage executed 10 the sutiSl
on OF the Court ranking next In = iOIity after II
H. liens lie created tor the srCuTity Of The deferred
T. ments heuinbpiure mcnti ned, which muI tylgp
deed OF trust must lie for tie common security
bOnd-hOlderS IN lid trust.ureIS to duncan ana Gu
hOuu aud to Calhoun and Kitchen IN the ratio al
uronDrtiOu nv said dpCrnpS established nd inter
must be paid semi-Rnnunlly AT IL" rat Or six ~
Crnium per unnum at such time as the Court nli
direct.
ITthu premises should sell for u more than s
=, nIpnt to pay and satisfy all the Hens alto INC
. | toned and Ir,ur = the ludymrut lirns the SurpI
their rrnrusen nliVes OT assigns, In cash.
Tie ale Is to h. subject 10 the Ratification rrlC