National Republican. (Washington City (D.C.)) 1872-1888, 1878-03-14

polluted byi said DEGREES, will sell at public auction
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sglpHis 70 point on The Ohio River 10 The state q
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9soEs ise sals.hs, e say an and singular The
q na5lIG Works q vIrsinis elssnsd Sy Iss VT
be T.. 1 s hahr9sd Company bearing date on
and and sln.nlar the gremi,es RIGHTS privilege
y ,a &c ii%sidssd II W Fry %lis&h ef @.es ne
day Of June. 1874 al and singular the premises,
81 h sna 4 Sa and com
Bob,ert Howison, executed by said Virginia Central
Tarrg lsss "a aid sInsasI o. premise. rights Ind
~ Bril 3, 1b puanesn William 2rSn and Mat6es Man
date on he it day Of SceSer @ Snd
ehiss ins PIemises rlsts pryeges and tran,
executed y said Chesspeske and Ohio RAILROAD
Company TO Pho G. Calhoun and William Butler
4 d sTdiys S r.
W,lI,am < Kitchen bearing date on the Isl dar OF
An which will be sold as entirety. free and dis.
Tie sad several mortgages and deeds Of trust and Of
and from each and every Of said deeds OF trust or
and singular IL, liens of every flSd and a.eriptIon
snii DEGREES found and rectel except the len,
iH6s6e and The lien Tor he ec r o. ndssed
ns ID me 5'sS r n Sr s p The 2
certificates shall remain uni a'd at the time or sale
THE TERMS OF SALE WILL BE As FOLLOwsi
In such short time Thereafter not exceeding ninety
days as Me undersigned may designate on tho day o.
ool In cash but On, sans which tho Receiver shall
H. 9 rssG sI ne dave applied out Of esrnn q
ascrued on the obligations Of the Virginia Genital
same may have 6een properly applied Under he he
ortsrs OF the court aud any sums which, al tho
syns ~ ss1 % nS may ssrs r. snS
be deduclsd from The amount required TO 10 Daid
IoT 50 IN much Of the Iurchas money as shall be
81 he 70 ogas Of he va C Sas nna srssd
Com any n, the date Of the trusted, Cd hereinafter
thereof ant as may be then unpaid and unprovided
tor. the amount whereof VIII be estimated nearly
IS 10 I've allowed Of three years rom day OF sale in
equal annual lnNalmenis with interest thereon at
annually.
FOR the nrther sum OF four hundred and eighty.
lars and ninety cents CsIsisSjj Representing The
principal sum due under the ruStdeed TO Young and
ogi and stated to be due 10 lie esSh G arssaS a u
said decTcss) and also for any additional sum which
may be Que on account OIany OF the claims Ia the said
,,t raraSraPm msniionei Ghe am.nnts whereof
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eight Esr cSm.nm Der annum payable semI.annually,
sent, tue rcipl OF he eight cent. bonds tlAe
Virginia Ccntn II hroad Company and with inter
For ilir Further sum OF one million eighteen thou.
ouis!anding under is ifusi!deed or mortgage 10 Fly
PaSe ssS "%s5 ne
70 be allowed r. m the date o. sale until the list day
nm per anmlini, payable seniiannusily. PaymeIf Of
the sad several sums for which credit rs above STATED
bonds wh.n may be issued As hereinafter mentioned
to be secured by irlntdcsd executed to the sat
sold constituting iirsi lien thereon DO executed
by the Court simultaneously with the delivery Of lie
cnnvevance of the PREMISES to the purchaser.
pr me "a rus dSsd snail s terms maintain and
different classes OF bots Of the said Virginia Central
Ane re sms S seypess %
which credit IS 70 be given as aforesaid shall DC
titled 10 receive the Same; snd IN OF any dis
asrEerirnlt a, to the ,rm and tenor thereof the
nTpcian 70 eG%6c Ike nrSSasSf or rg pSpehEsc 9n
q ms or Their representatives or assigns, u he they
snail desire to dose, to anticipate the payment OF the
s1i@ G SsyeTs s sHms 70 T'pct o. which credit to be
6urseinemt Of sums paiiin respect Of Iha indeStcInes;
fthe Virginia Central Railroad Company the sew
"y ' aud s s Rom ~ lS fs s u ne or
the said deed Of trust and 10 be secured by the lien
be Endorsed with the certificate Of the trustee in saj
urtn 10 thht ri'rl bonds 70 such III amount, not
exits ing Indebtedness of the Virgin Central Rail.
0au Company, and the amount ~. such specific Hens
I, IN ap,sr,ip
thereon Hhd tie ain1un which has be, uSCerained
girR Tor arrears of taNes and n such dcnomInatons
AMI TENOR rs said purchaser or his representative or
rue alid oohis arr to he cEdors, by tie trustee
when requested, To the effect that they are secured by
part Of the said Existing lndehtedn,S - Of the Virrina
ssnlral Railroad COMPANY, or OF the said specific
previously pad on Or upon th. 'e'eim by him OF the
surrender TO hi'n Of IN equivalent amount IL The obi.
s Sysr &c isErI to Pr even BY The h%sG! e the
Company ior that pgTs Of the purchase money for
vii ch credit Is to DO allowed.
rhe ret REVENUES and c"rp,ngl OF the property nc
p1 sssiGn e. the nurca.cr Or purchasers his or their
az " or assSi, ,h@i may not be oerwi,e
T Ss aPrr III sd and GnrSSa amdSr aron o.
chaser purchaSer-, his their REPRESENTATIVE or
assigns, and Ia the first place, toward the payment
plicabe to tie paymrt and nd slsacos of ,h S
due interest The bombs Of the Virginia tonlral Fai
ens Of Interest lint may bcSms an, 81 and u payabs
between the date OF sale and the transfer and convey
Ance OF the property 10 the purchaser In such order rs
the Court may direct,
For 50 much OF the purchas smoney as may be ap-
pllCable TO the payment NJ the due interest on
bonds secured by the mortgages or trust deeds rNC-
CuIcd by the Chesapeake and ohio Railroad Company
to Duncan and Calhoun and Calhoun and kitchrn
crCCs estab shCd, credit Il to be allowed OF twelve
ears from date OF sale but the undersigned will re-
celye from the purchaser or purchasers bis or their
sWd bonds In payment ut such rate per Cpnum the
ar Yalne OF e said coupons Us viii be payable 10 the
holders OF such coupons upon the dslrbulOn OF the
oceeds OF sale under the prluTiICs OF lien n, nv aid
DEGREES settled and determined.
For 50 much OF the puTChase-moncy as may be M.
lcabe to the Payment OF the principal Of sad last
mentioned bonds " the ratio and proportion by said
DEGREES established the purchaser or purchasers his or
their representatives or assigns will be allowed n
credit for such part thereof VIII he due and paynblp
In respect Of each OF bonds for period OF time
corresponding 10 the time which each class respec-
lively has yet 10 run before the maturity thereof
That portion of the purchase money which may be
applicable TO the Payment of the nrret due the
date OF sale aud to the principal Uf the bonds under
The said two deeds last above mention In respect Of
which creiit wen or 80 much thereof may re-
main outstanding and unpruvded for ut tile aI Of
The conveyance 10 the purchaser must be- secured by
deed OF trust or mortgage. executed to the shtisfic
ION OF te Court ranking next In priority after the
ments hervinbefora mentioned, which MORTGAGE Or
deed OF trust must be for the common security OF
Ia said tIust-ueeds TO Duncan and Cal
hOnn and 10 Calhoun and Kitchen IN the ratio and |
by said deCrres established aud Interasi
on the for which credit Is allowed as aforesaid
must be paid semi-annuhlly at the rate OF six prI
centum per annum at such tilno the Court niaS |
direct,
tCiant 10 pay and satisfy n the liens above mon
Oned and prior - the Judgment liens the surplus |