National Republican., 1878-01-03
NEW ADyERTIsEMENTs.
COMMISSIONERS SALE AT AUCTION
CHESAPEAKE SSb * fnf 5irto RAILROAD.


s,sns p deere, q n e Circuit &c Court
isT and deere, subsequently, entered by said court.
ss Sso fPd sSs and
snd to 90 rec Of ihe Circuit cor Of The county Of
."s ss sG ssIsns day q M q 5aSSs s
tafoad Gompsny and other, her aIso heTs,n aepenS
paa "a BY Snisa1sS ssa as PsrM all nnss
tommerce, No iioi Main - et t. In ihe % ely OF icS:
$$$ii sSs S$St e@!Is 4 e ~ h M
q i6s is1es RiysT, Seisw Hi;S%.nd, p ,Ss s.s,s q
If AS9 f6s rIy4s6 NX4R s6Rs 62s0dTF FSNGH 4 ERAs
mil GEs. and all other riss and priviies, what!
and g!h fERf4 EeFES SSs sSSk saG paf
scnalI more 10 M p"r,olar description whereof
ne receiver under the order Of ihs s CT !, which
E e at SsssS2p y The By feciys Rs?
ss ss ors Of m % IL aSr y m sGna6s SnS TINE me
i.REM isEs embrasea 10 Ils hortsass % lie hoard
, Of Public Work. Of yirginia executed Ted by tie VT
ihe Is, day Of April isjo incud nS the rights prlSi.
% and a"s hss Sni s pPsms II qsS sss %GT
~ SRd e., ,anchss incadGS and SDEEsyea as md
land and James. Lyons, cxessntsd by s,ii vrsnha
Central Railroad Company, bearing date on The -
fights q pf~icges and ID @ nSuSea @ and
reyed IN and BY the trustdecd to John b. Young and
Railroad Company, bearing date on @ hc s TaS Of Feb
@ al S The ons Ss ahS m
Ard by ,rnn S trsSsG W to PhS S ShSSn MSSn VIVIAN
ry BY the Chsssp AXE and Ohio RSroad Company,
bearing date on the ist day Of October, 1853; nll and
hs i$s r. RnS
executed by said Che.apeake and ono RaIlroad
DUNCAN beSrns % date on % he iSh % day OF January ss
AND AND s Sns ss s s d ~ he
,us,6esd eIcsn,sd ey "a e p, esake Sna 0n,9
Milliam K: Kitchen bearing dn'e on the list dav Of
charged Of and from tire liens rni incumbrances Of
the sd erai mortgages and deeds OF trust and OF
@ and ire sc % and d,rharssd cd fe Of and from rom ali
ns sn h ss SsI 9 fna sd & o
taxes therein referred to- u any such liens shall be es
nSs Ser I'VE III he STn o s
taxes due 10 the state OF Virginia u any Of the sad
THE TERMS OF SALE WILL BE As follows;
The purchaser shall pay on Ire day Of sale, or with.
IN such short time thereafter not exceeding ninety
sale, the sum Of two hundred thousand dollars tf?O,:
20 Ia cash but ny sT whGh H necsySr sna
the road aiter the day o sale 70 The interest dre md
TSFe%d co%%ay @ 5r oS to such other
fame may have been properly applied under the
pration Of The said ninety dRys he may rave N hand
after Iayins the expenses 0f operating III. road snail
| In caIh.
foi so much otihe Eurchn.e money as shall be
equal to the balance of he interest due ard accrued
on the obligations the Virginia central l,a'lroad
enloned, as drccled 10 ie made Tor the serSrny
thereof and ~ may be then unpaid and unpfovded
as possible and made known 1t day of sae,l credit
Is to be allowed Of three years from day q sale, in
the T. OF siI per tsntum per annum, payable semi
For lie further sum Of four hundred ard eighty
seven thousand Ave hundred and seventy eight dol
principal % sum due Under he rsGdeed 70 Young and
iowson and also TIE grpei, &C. a. OF ne several sns s
said decTeesJ and also Tr any additional sum Which
may be due account oiany fine claims III the said
known on day o. ssleJ VIII Interest at the rate ei Of
spoa he Ss f%sS rsprs
vsns ss eF ana SN" % se
est upon the residue Of said prin pl sums at the rate
For the further fum Of one million eighteen thou:
sand dollars, lsi is0ool reprtening the principal
and MacfarlHnd and LySns o. aud under the mortgage
to be nllOwe rC IN the dHe Of sale until the list day
OF July, is7 with interest at the rate of six per crn
@ sSd ssner saSs sr WITH cr a. abye
Is to 10 allowed, and the intrtst hereun and of the
Is TO be secured by tc,d executed to the salts.
faction Of the Count. GU all aud singular the premise,
and delivered TO trustee or trustees to he appointed
BY the CONT sim lans,nsy with the delivery of the
The said a trus, DE-, shall Gy iLs terms maintain and M
different classes Of bond: Of the said Virginia Central
lislroai Company; Appt"pristf and convenient
which credit { to be given as aoreSSid, shall pe ere
ated issued and delivered the severRi creditors en-
Titled 10 receive the same rnd m case OF any dis
agreenoG!s as y the FORM and Tenor Enc r. tLerrS, the
application To enable iIe purchaser lurch sers
Cr his or tiel, representative assigns, ifI,s they
H .sSsrn sSsfS SO s @ S y Wien e IS q to ' E
allowed, as aforesaid, aud 10 provide for the rr!n
%sms s" Css RarG compa%y MI, thS ssS
era specific liens and the expenses Of the cause, he OF
the said deed OF rust, aud 10 be secured by the eI
@"@ %h e the % % % T T he T trustee IN s
deed To that effect bonds 10 such All amount not eS
} eIis'iHs Ede6tecncss Of tbs Virginia Central Rail
road Company. aud the amount 0l such specific lien
thereon and the amount which has been ascerlslne
to be due TO and d,cIed in favor OF the state OF yir
and tenor as said purchaser or his representatives,
! TEs said bonds ARE to he endorsed by the truste
when reluese1 10 the effect that they are secured b.
part Of the said existing nG sbedn. Of lie %irrini
central Railroad Company. or OF the said speclh
previously paid on upon ths receipt BY him o. q
nar value thereof With a:Taed Interest, or upon q
sfSssr. 70 Of se SE se .ros e
sompsny FOR thai paru Of the purchase e
VIII. .ch credit is to lie allowed.
crung betwetn The date oil sale and The conveyance
possession 70 the purchaser Or purchsers his or the
iepresentaliyes or assigns, that may not bs oherwi
disposed Of In pursuance OF the orders OF the Cour
win DO appropriated ald applied under direction
the Court by the Receiver for the benefit OF the
chaser purchasers, his or their representatives
assigns, and, In the hrst place toward the psymei
and discharge OF that part OF tho purchas. -inoney
plicabe to the payment and abstraction OF tie pas
due interest on the bonds OF the Virginia enlral Raj
road Company, or toward the payment oi any stal
ments Of Interest that may become due and payab
between the date OF sale and the transfer and cOnve
Ofth property to the purchaser In such order
For so much OF the purchase money as may BE- al
plicblo 10 the payment ot the interest on u
bonds secured by the MORTGAGES or trust deeds ex
TO Duni an and Calhoun and Calhoun and Kitchc
respectively, In me ratio and proportion by said d
creus established, credit II TO b. allowed OF twelN
cars from date Of sale; but the underslRned will
ccye from the purchaser or purchasers, bis or the
representatives or asSigs the interest coupons
said bonds In payment ut such rate per centum OF u
holders OF such coupons upon the dslrbution of Il
proceeds OF sale under the prures OF lien a. by sa
T. decrees settled and determined.
For 50 much Of tie purcHte-noney as may be a
pcable to the paymt NJ OF the principal Of said In
mentioned bonds In the ratio and proportion by ~
decrees established the purchaser or purchasers, his
- their TelTC Csentatives or assigns, VIII he allowed
credit fur sGc part thereof u, Will br due Rnd pRyn
In respect OF each as OF bonds for lprIOd of tin
CORE pOnding to the time which each class rIspt
lively has yet TO run before the maturity thcre0E
That portion of the purchls" money which may
applicable 10 the payment T the nt"res due at I
dale of sale and to the p inclpai Of ihr bonds und
the said two dC eds last nbOv' mention In respect
. which credit s given. or 81 much thereof US nlhy
main outstanding and uIprOvded Tor nt the date
the conveyance TO the purchaser, must be secured
deed of trust or mortgage, executed TO the sntlsf
ton OF the Court ranking next IN iOrity after I
NJ liens be created for the tecuTy OF the deferred
,B ments heTrnbeiOrn menli ned, which mott sage
deed Of trust must bo Tor the common security
bond holders In said iiSlIredis to duncan ara G.
a alla la Els. aIE