National Republican., 1878-03-06

polluted by said DEGREES. will sell at public auction,
co9rTse @ No. iioi san a1 sret ~ IN fhe cue ty Of Rc
pond at me hour q twelve m on ths he, 2D % PAY QE
GHnskPExRtEe t eSSFf ANb "ShnRihR6 GIG nRihR6hb IoM
On lie RyaS %S below ESw Z 'i2e e
Xirsinia to point on thoohio RIVER ~ the stale Of
Mss HsE Rsb 'PsieTrL E 81 dsuGSs % Is FRRs
SShIsSGS SbIS;,., FOR ExTENsioSss ExTENs ii.Ra niRRANCHEs.
sTiIpiSes:s sxdiiiSE&$ s% df@E$ HS%SiNe sfStK,
SSS.lsinsa n ils Inventory and TSpor,s made x
'io,ius % SS =. iSs ONCE y the feesIyss il SSS
4 ors te sale + te say, Nil and singular ths
o rass WorHs tSfSa Sf Ssns S eSe%S g Sy S sSe % V
sln'a Central l,ai,road Company, bearns date on
ieges, and franchise embnccd in said mort gage;
all and singular the premises rights, privileges,
ss ha o'Iats 10 r. y ans macn 4as
l, Iand, and James Lyons, executed by sail V,rgnls,
day of June 1874 ali and singular the premises,
yeyej 10 and 5y the rust-deed TO John n Young aud
Robert Y Howison executed by said Virginia central
privileges, and franchises included and conveyed In
%% f Scnn S snsff %haS no tS Gron and M%Sw Ma%
S ~ nS s, ,ns s @a .a og2 ~ RoTS @ %
sns shsSs f Tn5 sGf r. be tTS @
Company to PGiio c. Calhoun ard William Butler
and MI and singular the premises. rights privileges,
and franchises included and conveyed in snd by the
RSrosG ompsns to IL lie sad PHO e Calhoun % D a"G
WILLIAM X Kitchen, bearing date ON the Ist d"y OF
Ali which will he sold as an entirety, free and dis
CHARGED Of aud from the scns and n,m6rances % 81 o,
aud from each aud every one Of said deeds q r,S M of
nnG apS S ens sS % @% ayS FSd al aid h G"
in said DEGREES found and receI except the liens Tor
tablshed and the lien for the crrt atps Of indebted
ness OF the receiver or the payment ot the arrears q
crrtncates shall remain NH ad at The time OF sale.
THE TEIAiS OFsALE WILL BE As FOLLOWS;
The ruTehsssE , s" Ply on the ed Day OF se or ns wSG
days ~ the undersigned may designate the day OF
COZ IN cash: but any sums which lie Receiver shall
in tie ncsntine have applied out oi any etrnings oi
accrued on the obligations Of tic Virginia Cent al
railroad Company or to such CheI "a poses na ,he
orders oi The court and aSy sums %ich at The ex:
plrntlon 81 the said ninety days he may have N hard
after Laylng the EXPENSES Of operating the road, shall
be deducted from the amount so required to g Uaid
For 40 much of the purchase money as shall be
equal to the baance Of the Interest due and accrued
Conn any nj the date Of the trusted. ell lac. elnaler
mentioned, rs directed 10 lie made for the urity
o Re ann anoSnt M Whereof % Win Bd mard mat Is neaTy
rs pGsshl" aud made known at day of sale credit
equal Rnnual hsiailmcnts. with interest thcreOn ut
III" rat. of six per Cenuh per aunuu payable semi
annually.
FOR the further sum of Nur hundred gnd eighty.
seven thousand, five hundred nnd seycnty-esht dol
principal due under the lrust-cedt to Young and
Sna H& % tie he ID. % ss
said dccrees,) and also for any aldho sum which
| eighth paragraph mentioned, Ohe amounts whereof
VII be aSSetaneG rs n,sry rs ro,1SIe m h1 @d Ina made M
eight per centum per annum, payable mialinually
upon the Of siII0l, the lart thereof which repre-.
| .ttF rit.t m ham Iva
Virginia CentTa railroad Company; and Will inter.
est upon the residue of said principal sums at the r
OF six Eer cenlun per annun ayabie semi-annunlly
sand do'iars .icls1ooJ representing % lie PRINCIPAL
and Mncfar"n9 And 7, ,"n~. 81 aud under the mortgage
to be allowed r' m the date OF se until the Ist d,y
of July, Iss, with interest at tile rate Of six yer cent
The sSd several SUMS for Which cT"t a,
Is to he allowed and the Interest thereon ana OF IL,
Is to be secured by arustdccd. executed to the sat
sold, constituting frst lien thereon, to he exccuct
md deltycrcd TO trustee or trustees to be annoSt
| conveyance Of the premises to the purchaser.
fne sad trust deed snnI ty It's terms, maintain ant
different classes Of bonds oi the said Virginia Ccn,rs
HairGsa GomnanX ApprGprt,r and and q, e1nyonSn
Which cr"d to be gEcn M as nr"I Ss shR y e crs
aied issued and del vered 10 the several creditors en-
Ggrecnep,s as 70 The form and Tenor Thereof, III
s9H be e. Sd ssdn @ BY the
or his their representatives. assigns, fe or the
shall desire to DO So to anticipate TIE raymGni Of n
allowed, aforesaid ind TO provide for the REIN
oft6C Virginia Central RalT"ad Company lie seS
eral specific liens and the expenses Of the cause. he
said deed Of trust and 10 0 be secured BY The e
thereof when and to the extent that the same sh9l
deed TO that effect, bonds 10 snc an amount not ex
exisng " ndebte1nrss Of the Vrsna CSmtral o Ra ali
road Company, aud the amount OF such specific lien
thereon. and tie amount which has been n ccrtHine
to Ge due TO and decrcrd in nvor OF the state Of NiI
ginia or arrears of taxes, and Of such denomination
and tenor us said purchaser or his representatives.
assigns may determine
when requested to the effect that they secured b.
the lien thereof to the extent and amount that AM
central railroad Company or of the said specih
einS and expenses or arrears oftsxes shall have bce
par value thereof with accrued interest or upon III
% 81 s sn svnn by bs m me S
several creditors Of the Virginia Central Railroa
| Company for that part of the purchasvmoney 10
| which credit Is TO he allowed
rhe ret revenues and earnings OF the property ac
cruing between the date OF sale and the conveyance o
possession to the purchaser or purchasers his the
tepreNentGliyeS or asslgns that may not be oherwt
@ of IN Sa OF ,he Srders Of tue CEnr
the Court by tie Receiver for the benefit OF the pur
assigns and, in the first place toward the pNynen
and discharge OF that par Of the purchs Rr
due Tor on tEs bo I "fthe Virginia sI srra raj E
road Company. or toward the payment OF any install
| ments of interest that may become due and payabl
between the date of and the transfer and convey
HnCe Ufhe property 10 the purchaser. IN such order /.
| the Court may direct
| For so much OF the purchase money as may be Rp
pcible to the payment O the past due Interest on tn
bonds secured by tho mortgages or trust deeds
CuIed by the Chesapeake and Ohio Railroad COmpun
| 10 Duncan and Calhoun and Calhoun and Kitchen
| respectively, in the ratio and proportion by said Il,
crees established credit Is to be allowed Of twcv
years from date of sale but the undersigned viii r,
ceve from the purchaser or purchasers, bis thpi
representatives assigns, The interest coupons OF In
par value of tie said coupons US Will he payable tn
holders Of such coupons upon the distribution Of th
proceeds of sale under the pr0ries Of lien. ny by san
| DEGREES settled and determined.
| For so much of the purChRse-money as may be ul
picble to the payment OF the principal Of said last
| mentioned bonds In the ratio ANA proportion by
DEGREES established the purchaser or purchasers his
their representatives or assigns, VIII he allowed
In respect OF puch caSS OF bonds for period of tim
| corresponding To the time which each class ruspcC
| lively has yet tOrun before the maturity thereof
| That portion Of the pur, hase, money which may h
date of sale and 10 the principal Of the bonds uudr
the said two deeds last above -mentiOn In respect
which credit sriven or so much thereof as may RI
| main outstanding and unprOvided for at the dale Il
the conveyance TO the purchaser must be secured b,
deed of trust mortgage executed 10 the Snl sflC
ton OF the Court ranking next in priority utter TIN
liens 10 I've created for the security of the deferred ray
| ments hcrciubriUTe mentioned which mortgage u
| deed of trust must he for the cOmmCn security o
bond-hOderS IN said trust-ueeds to duncan and Cal
| hOun and to Calhoun aud Kitchen III the ratio an,
on the sums for which credit Is allowed aforesaid
| must be paid srni-unnually at the rate of six pl.
| cenlum per HnHum vi such time US the Court MA
| direct.
Irthe premises should sell for u sum more than sui
| ftient 10 pay and satisfy all the liens above men
| liuuel and prDr tD Judgment. liens yITulu