The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1880-07-28
Sale of the Laurens Railroad.

PURSUANT to the decree of Foreclosure
L made in. the case Of James 8. Gibbs VS..
The G%rcenville and Columbia Railroad Com.
rond, by the Hon, J, b. K%crshaw. presiding
In the court Of Common Please for Richlaid
County. April Term 1850, duted April 10th,
issO, will sell at public auction In the CITY
August next, ut | O'Clock nonn.
All ind singular the RAILROAD construct
ed upon and over the line or route from u
county Is Newberry, In the state aforesaid to
tho town y Eaurens, III the County Of Lau-
Lands, TGhsmSnts and Rereditamcnts nc
q q,a5s o and I'd atR5ot lit d for the purpose s, Of ,h q
easements and rpptrtenance thereto belong
Ing, or In nnywiso INCIDENT or app"rtainins,
and all Ways tsnd Rights Of Ways.
Bridges: Yinducts. FENCES any other struc:
houses, Wood houses, Ware houses, Machine
snSpf Fi ware sh heEd and S"P seaiiTsd fSf , hfe sse os
said railroad, together with all the Locomo.
tives, Tenders, Cars and other Rolling Stock
I Im1l ca"lrYePp ns, and and NJ NIat ssiff II 1r Tc so.
structing, operating, repairing or replacing
said Railroad or any part thereon, or conye,i-
lent or necessary for use In connection there
with, together with all tho franchises connect
cd with or related TO the said Railroad, or the
construction. maintenance, or use thereof;
now held or acquired by the GrcGrville and
Columbia Railroad Company, and all corpO-
franchises to be n corporation. which are now
possessed and exercised by the said GREEN
Vile and Columbia Railroad CompnnS, to-
gcther with all and singular the endowmcnts,
Income and advantages to the above mention.
ed lnnds. railroad OF other property belong.
Ing, or In anywisc appertaining, the rcvcrsion
or revcfslons. remainder and r%enaindcrs.
also ali the estate, rIsht, Title. Interest, prop!
erty. possession, clulm and demand whatSO-
ever, ~ well In the law ~ In the equity, pres.
emf or prospective. Of the sold G~reenviile and
Columbia Railroad Company. in and To the
same every part and pnrcel thereof, with the
appurteuances. upon the following terms:
Twenty thousand dollars In cash to bc paid
Immediately after the close OF the bidding.
the balance Of the purchase to be paid within
thirty days after the day OF sale, with interest
from the sutd day ofssale; and the Master
may required any bidder during the progress
Of said sale TO deposit the sum Of twenty
thousand dollars In cash In q bank Of the City
OF Columbia to his order. In case OF refusal
to pay the cash or make the deposit, the bid
shall be regarded and the sale be proceeded
with ms II the same bid had not been made.
II the purchaser shall. within the period OF
thirty days above referred to. pay the whole
or the purchase money, the sale shall be closed
| ut in case the purchaser shall fail and make
default III such payment at or within the
time herein before designated for making the
same, the Master shall at once, and without
delay, proceed 70 resell the said property on
forth, to the Highest bidder. at the risk of the
former purchaser, who shall be liable for any
loss or deficiency because OF such resale, and
any and all payments which have been made
by such purchaser shall become forfeited, nor
shall the samein any contingency or event TO
arise be recovered buck or reclaimed by such
purchaser. Any bond Of the Grecnvllle and
Columbia Rnifroid Company secured by the
mortgage executed to James Conner, Isaac
Hayne and George D: Bryane Trustees. by
said Company on the 18th OF April, 1916. may
be made use OF ip the payment OF such por-
ton or portions OF the purchase money as In
the distribution Of the proceeds OF said sale
may be applicable to such bond or bonds o.
coupon thereof and that to this extent the
anne may be used In settlement Of the pur-
chase OF said property: but In no event shall
the right now given relieve any purchaser or
purchasers at the close OF the bidding. when
the same is accepted, from paying In cash
such an amount ~ may he required to dis
charge claims for costs, charges and disburse.
inGnts in this cause n Of the sale now
ordered and dGcreed to be made.
NATHANIEL b.. BARNWELL,
May IL Master.