National Republican., 1878-02-01

the 18th day OF December 1877 In the suit OF Duncan
Railroad Company and others also therein depend
nS the nnieTss9ed as sPscs G9mmbtonS g sis aP
70 the highest bidder at the m, Of the Chnmer o.
commerce No. lloi Main street in The city Q, Kch; Gs
ARF & e. eGTs RahoAR2IER dIb S5 S5M
on tho James River, below Rchnond, in tie state Of
EIGl,Is' fiiiyiEESsS lgsiudi9E e Eshs. ts
BRiDGEs. and all other rights and privileges what.
sTpiS Stif5 Il is' sH3 sS sSdS
MATERIALS, and other PROPERTY. real and per.
% coniansd ' IL III. S inventory and p fSpOs made "
the receiver under tho order OF lhS coat, which
E ons SS 70 bS iSs R OGs y he Dy
s ore Of m ssn@on % Sy ali IS1TG sS5 sngor s ihs
PREMls lsf,9 embraced in the ihortga . to t.s Board
Sinia Central nai,rosd G"nrany, bearing date on
the lst day Of cAprl. $50 Including the rights ;pryi
oil and singular the premses, rights, privilege
snd iranehses !nc4dGI Gnd SPRESysa .cla.i Hnl
land, and James Lyons, executed BY, S,ii NirgIis,
SnTsl % roHd CCTpnyG esT9s Ssr ds ,6 on me "a
rishtS privileges and lfanch,.es Included and con-
Robert h Iowison, executed by said Virginia CSn!ral
Railroad Company, bearing date on the Jih dayol Feb.
nsa ~ nc%dG and conveyed IN
and by The trnst;deed to Philo {. Calhoun Wllnm
~ by the Chesapeake and Ohio Railroad Company,
gsang date on ns Isl d,y S oSiSSgg is's gu rs nna
chises Included aud conveyed in and BY the trusdceI
Company to Phiio c. Calhoun and nd William Biiicr
Duncan bearing date the 18th day Of January 1870
a neS S %ea sSr S ard n d BY he
executed BY ssd "a phc'aPeass p' Snd 0h9 MS
William \. Kitchen, bearing dHte on the LIST dHV of
All which wll hs sold rs entirety, free and dis
charged Of and from the liens and neunbrances oI
and from each and every Of said deeds Of trust
mort tgages and nee and discharged of and nom all
IN said DEGREES omnd and rscitsi Except the lens or
therein r1srTed s red TO- any S%,n sss 8, 1h@i s s
% as se 10 Ss ds Hs fs II nng SS 81 @ aid
crrticates shall remain unpaid al ihe time Of ate.
| THE TERMS OF SALE WILL BE AS FOLLOWS:
The purchaser shall pay the day Of sale with.
days as tho undersigned may degnate on Tie day oi
ale the sum Of two hundred thousand doers (.2o,;
| IN The meantime have applied out of any earnings Of
S Ssq on a a The n q % o p hS ss % 1Ss
allrond Company, or to such other purposes rs The
ordsrs Of The court aud SSg sums %HjcE al The cT:
pirnton Of the samnnety days, he may lave ~ hand
be deducted irOm the amount 30 required to Le Daid
For 80 much of tho purrhse-money rs shall be
equal TO the balance OF the interest due and accrued
1ns anT ~ Se Sae =. ne Of ~
mentioned, ~ directed to lie mHhs for the security
& am smoant as Whereof Ss % win b. SsSt S a. nTy
Us pOEShl" ard male known Ht day VI sale Crolit
equri annual installn, nts, with interest ter at
tie rts of six Ter cenilim per annunI, payable Scm
| annually.
FOr the nrthcr sum OF four hundred and eighty.
| seven thou,and, live hundred and seEetty-cght dol
principal sum due under The trust deed to Young and
oSHd Snd SS S1 ' be due IL lie Eth m n nTH IS o
said dccTres) and also tyr any additional sum which
may he due on account Hlhn' ofths claims IL inc said
eighth raragraph m,niomel uh- am4nnts whCrrn
WI be nse'tLElmcd as mary hs po'sih" hii in.dt I
eight pcr centum per annum, p.yable 'snli.ngnually
Virginia W d"ts RroSd S%mpany; va, and % With u iner I%;
Of six rcnyurn per snnum, payable seiui.annun!Iy
For tue further sum ut one million eighteen thou
outstanding under bs tusi.Geed Of mortgage 10 2ry
and M9cnLnnI nd l end hy%G. amt g2Gef ~" m9rEHG
to be allowed r., m the dHe " sale until the st day
1% %I & mi M . u. S IatS " 'T Tr GGT
the said several sums for which credit n, abov" sat
bonds which may no issued a- hereinafter mentioned
so bc scared by rirstleed executed 10 the sat's
sod. coHstu,nS rst T lea th-rrS% to lie rScSWt,'
md asySr tTGst"s Or ris1s % rs 10 gG SrpSr,
cnmNcvanC" OF the premises to the purchaser.
rhc sad trust deed snr,iI y II. terms ntan Nn
different classes Of 6onds Of tLs said Virginia Gotra
pS. Sfa ES%F ApPR. .sP.Ia . md S
@ which % cI nS 6 .H & be S,y%s % s az SG,S .a r ere
agreements aN to the iUrm and Tenor thcr, Of III
apPct"n 70 enable ts purchaser or oI parSh%scr T
or his or their rGprescntHIiEes OF GsNgn fhe or The
said several sums IN rSspa,F q whclt trrii, IS 10
GTrsemcIt Of sums pii IL resp, Of Ii" isEelns.
| Ofthc Virginia Central Railroad Company, tho ~,
they may create and issue, nom time 10 time. und,
the said deed NJ trust and 10 he secured by the r
Lr inGur,,d with the certificate uf the lruu"c in s,i
decd To hat effect bonds e. such AN an,"rn not o.
tR am ff
UN8 Ing indch,Nin'Ss "f the Virginia Central RAJ
road C,nIpanN, and the amount ui such sprciC lien
and cNreus,s with Interest accrued u'd to u,r.rI
. thereon. aud the amount which hR- l"'n nsc"rlsiu'
ginn lur arrears OF taxes rnd n sucn l"r, l,iiur
and tenor ~ ,sl'l rHrchnS"ror hs representatives. q
ar'igus mny d"trrmrn"
!, rnc sai nunds are to bc endorsed by Ito ,r,,ste
WHEN Icpr"stc To u" cifet that they are secured b.
part OF the srti EXISTING tndctpdnsss Of me Vrrimi
. Gltrnl lin.lro"l Company, or Of NE ~ Srrriii
Tcvi"i-ly rnid on, or uum the receipt by him "f "a
i par value thereof with accrued interest," ar upon ia
surrender To hin o. ~ rlHEaIeh amount IL ih" nl,I
gu .OIs ~ lulrct tuh. given 10y lhr purchaser u IN
+ VII eli credit is to he allowed
The Ict revenues and rLrHnPI OF the property ~
cruing heiw",nihe date o. sale and the 90 yrvhn,'
pusrN,Dn tpihc uur'hascT Or puTchrs'rS hi' nr the
iispO,el uf In pursuance OF the orders OF tile Cour
win DE- npprnrriaIel and applied under direction d
the Court by the Receiver Tor the benefit pT tho Iu
y chaser ~ purchaser. his or ih"r representatives
y aud discharge Of that par Of the rucus,-lnoGr Al
u plirrhlr the PAYNE 1T and satisfaction Or the pS
due interest the bonds uf the Virginia euiral lul
road tOmpaIy, or toward the paynI ut o any install
o ments of Interest that hIAy become due aud payah
letwuen the date of sale aud the transfer and rDnVr
nnCe of the property to the purchaser, IN such order
| the Court may direct.
n FUrsU much of the pUrChA S'-mOley as may ~ an
plicble Ia thu payment ~ tie raj due Interest on III
Il bonds secured by the mortgages trust deeds
| Culpd by the Chesapeake And bnip RuIlruWd GOmpRn
a | to duncan and Calhoun and Calhoun and Kitchen
respectively IN tho ratio and proportion by said IL
Cr,S established, credit II To N' allowed Or tw-lv
u years from dat" Of sale, but the undersigned Nil r.
from tile purchaser Uf purchasers. hf, thu
representative or assigns, IN" inter- Il coupons o III
said bunls IN payment at such rate per 0rniuu VI III
value Of tlC SAID CudpUns ES vii. he payable to t
holders Ul such CuupOuS rruu III" distribution Of t
pTOcrrds OF sale under the pTIuTi;its Vi lien. by
dcCTees settled and determined.
: For 50 much ul the purrHao-nOnoS rs may be- al
pllCahle to the payment Of the principal Of said las
mentioned bonds In thr ratio aud pTupIriiuH by
DEGREES established the purchaser purchasers, his
ere III iur sClI part thereof VIII hr dIV and pUyt
IN respect each OF bonds for u ICTiuI Of tin
CORE. .pOn,llEg 10 the Unu which rn"h rlhSs respc
lively las yet To run before The maiurliy thereof
That portion Of thu purchase money which may h
: applicable 10 Tie payment Of thu interest due at tn
date Oi sale and TO the 4. lnCpAl pi the bonds mUtS
the sHi two deeds last RhUVr mention IN respect {
which CrFIt In wen. or 81 nlilih thereof
main outstanding and provided iuT at the ,lac Q
the conveyance to the rurcl nSsr must b- seurtF h
decd oi lIuSt or mortgage, executed To tlr SntSGi
l. o. the Court ranking next In p.Iurlly after IN
Hens to lie created for tho eCurN Of the drHrrrd
meniS heTrlnlriUrG mCnti n",l. which murL L,Il;r 4
deed OF trust must Ire hr Tho common security
| bunl-EOldCr, Ia sud tuti-u"Cds t. Dunclu and "a
Il 'Hll lH