National Republican., 1878-01-17

pointed by said DEGREES will sell at public nuction,
s No 1S Nam ms street, n he city Of
npnd at & ,hs hour S q twelve mi On ths he q @ RAs 2
tiiFskPExkE s eSi'f AND NSiiIR6H OHIO RRiIR6Hb ooM
On M gsT spa Seow tie
XrEpis 70 p'in. On the Ohio kIysr II ,he Stn.s g
&s;i HssS!s 'fisIs,I Sa y
SRIstS S FOR .SS EXTENsIoNs % n,I;1.S. biANCM MbS5
MAGTERS oh.S HtSs s s9ST snS
&c SSa. IN H$ s SS and q s0E; nSf &sS
Sous T s 70 $ At Rc GG 0s q The D he
eor, ss salesha. 4 'S say all and s1sulnr % s ,hs
q Public Works Of Virginia, executed by the vlr
n Is GS sy Apa si.Gsa @ asSns the SsaFsS ss s prS
leges. and franchises embraced In said msrtgsge;
and "ina franchisss % iucIndrd and conVeycd in and
y the rps!.deed TO II. W. Fry, William r. Mneiar.
day Of June. 1854 all and singular ihe premsss,
yeysi q and BY The irust:dced TO John b Youns ad
Railroad Company bearing date on the Oh day OF teb
ruary. 1895 al aud singular the nTemi,es right. and
Aud 6y ihs irusi;deed 10 Philo {. Calhoun: William
Butler Dfncan, William 0rton, and Maihew y Man'
bearing date the st DAY Of October 1885 al and
hs%fT shss Included 5 sa na RnS he @
Sxecntsd " ssh She-aPesks % snd & 0ho hHr2sa ,ssr
Dunran hearing date on the 5ih day OF January is7g
and al and singular the premlses rights privilege,
ITustdesd executed By saa fheiSReake ,o,, aud OHIO
s to s rd s rsS On & e Y. r a1a o
All which will be sold as an entirety free and dis
charged Of aud from the liens and ifcnmbrnnces q
the SAID severa mortgages and deeds OF trust and OF
FS TSn and Are se 6 s Of and from al
and singular ths liens Of every Kind and SSSGrpSn %,
taxes therein referred to- u any such liens shall be e
rnu hy e en- iTr e .e a9 sSs ., arrsay o
axe. due the State Of Virginia II any OF the said
Certificates shalt remain uni aid at the time OF sale
THE TERMS OF SALE WILL BE AS FOLLOWS;
The purchaser shall pay the day of sale, or with.
u such short time thereafter not eIeeeding ninety
sale, the sum of two hundred thousand dollars It
in lie ms,ms have applied out Of any sarninss of
the road amer the DAY o. sale to the Interest due aud
same may, have been properly applied under ihe
pration p the said ninety days he may have hand
Ssaf s 81 so a 10 os
FOR so much of the purchase-money shall be
OH the obligations Of the Virginia Central Railroad
mciiiiomed, US directed to be made Cor the ury
n,erGqL and as may be then @ unpaid and unnrGyded
as possible aud made known ut day Of sae.l credit
equal annual insiallmCns, with Interest thereon at
the rt, OF six per Csntum per annum, payable semi
| annually
| for the further sum OF four hundred and eighty
| seven lhIusand. hve hundred and seyeny-eight dol
principal sum due under the irustoed to Young and
lowison, and also the Principal Of The several sums
said dccrces) and also for any additional sum which
may be due ON account ofany ofthe claims u the said
| eighth paragraph mentioned tthd amounts whereof
VII be s ssr as y S % poSe 81 Ss P1G r made %
uron the sum siOidI The Part the eof which repre-.
s and aGRf % Pl tSs
cst upon the esue Of aid principal sums at the rate
Fer s further s, INN e ons miSa eighteen sSa
oSissSdins under s iSus'lGeed or mortgage 10 Fry
and @ MsciarlHnd nnI LS4ns. aud under the mortgage
10 be allowed frGm the date OF snle until The is day
Of July isi, with Interest at the rate OF six per cent.
the said sevsr' suns fos which crii ~ above slated
bon MS NAV S Sr u T Ge Tt f
Is TO he secured by lrstdccd executed 10 the salts
faction Of the court, on nl aud singular the premise.
Sold constituting first lien thereon, to he executed
and delivered to trustee trustees 10 be appointed
CONVEYANCE Of the premises to the purchaser
rne sa trust deed slnil hy It's terms ma nain and
different cassss Of Sonds Of the aid Virgins SentrH M
STSHd Ee@Pay . sna S
S s,ss e sG given Es Shall g
tEe 70 anS % e 6 %Sy d
agresm% % a. to he form and Tenor Thereof Tho
@ De SGbs
Of his OF their r:presentaiyes assigns fhe they
s%d sSysrn 80 sum, fE Il Fpo q %Rp S sya, to % {,
Of Pai H respect o The In
Ofthe Virginia CentIn Railroad Company. the sew
they may create and issue hron time TO time unds
the said deed Of trust and to be secured by the el
be ndorscd With tie certificate Of the trustee IN sait
deed to that effect, bonds to such an amount not ex
CpeinJ in the aggregate tho aggregate amount Of til,
eNs ing Indebtedness OF the Virginia Central Rail
road Impanv, aud the amount Ut such specific lien,
and cNrens,s, with interest accrued and 10 accrue
thereon and tho amount which has been a'CrrtRnet
gimln OF taxes and Of such denomination.
and telur hs said purchaser or his representatives oi
rne said Dohds arc to be- endorsed ny the trtlsc,
when requested to tho effect that they are secured by
part Of Tie SiI existing njsbtsdnsss Of ii. vIrmi,
Gm!ral EGrSHI C9mPany Of of hS s1S spTS sa
Isyinly paid on & or upon ihe rryeilt hy him Of q,
surrender to him ofnn equivalent amount in the obli
cations required to be given by the purchaser til,
Company ior that parI Of tie purchase money Co
VIII .ch credit Is to Le allowed
Cruing between the date o sale aud the conveyance r
possession 70 the purchaser or purchaser his or ths
dsposed OF In rursnanre OF the orders OF the Court
M coTr % p ta Wcv%r @ T 1a bsnSa, nf h% puG
chaser or purchaser his or their representatives Of
aud d,charye Of that part OF the purchase-noney mp
Ic6e to thS pSymGnd, ard s"tSGIio2 Of ,ns GaT.
rond Company. or toward tue payment OF any install
TetWrcn III" da Of sale and ihs transfer and convey e
anCs Ofthe property TO the purchaser In such order NJ
the Court may direct
For 81 much Of the purchase money as may be ap.
pchle To the payment OF the ra'tdue interest on th
bonds secured by the mortgages or trust deeds exc
Cuied by the Chesapeake and Ohio Railroad cOmpanl
to Dunl all and Calhoun and Calhoun and Kitchen
respectively, In the ratio and proportion by said de
CTUos established, n credits to he allowed of twelve
wears irUnI date Of sale; but the undersigned will re
cyve rom the purchaser or purchasers his or thel
representatives assigns, the interest coupons OF IN
said bonds In payment Al such rate per centum Of tn
IAT value Of the said coupons As VIII he payable 20 tn
holders OF such coupons upon tho distribution II TN
proceeds OF sale under the priuTitiGs OF lien. ~ by
DEGREES settled and determined.
For uIuCh OF tie purChitse-nlOney As may be ap
pcablr to the payment Of the principal Of said last
mentioned bands In the ratio and proportion by sal,
DEGREES established the or purchasers his
their representatives or assigns viii be allowed
credit fer such part thereof Us VIII be due and payub
In respect OF each cass OF bonds for period of tim
lively has yet 10 run before the maturity thereof
Thai portion OF the purchase'mOnsy Which may b.
applicable tn The payment OF the Interest due At tn
date Of sale and 10 the principal Of the bonds unde
the said two deeds last above mention In respect
which credit wen. or much thereof as MAY re
: main outstanding and unprOvlded for At the date u
the conveyance TO the purchaser, must be secured h.
deed of trust or mortgage, executed to the satIsflC
ton OF the Court ranking next In priority after tn
liens he creAed Tor lhp securliy OF The deferred pay
nIentS herrlnbptOre mentioned, which mortgage u
deed OF trust must he for tho common security U
bond. holders In said tTust-ueeds to Duncan and ca
proportion by sad deCTPeS established and lnterrs
on the sums for which credit Is allowed atorcsal
| must be paid srmlannually ut the rate Of SIX pc
cenlum per Rnnum al such time AS the Court ma
direct.
| Ifthp premises should sell for sum more than sui
: fCient IA pay and satisfy all the liens above men
toned and prior t. the ludgmrntens, the surplu
mus he paid by sad purchaser purchasers, his o
q. FINr, no. In Ftaa