The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1880-04-29
GRUBBs & WILLIAMS. Auctioneers. an "a

GALE OF THE CAROLINA CENTRAL
- RAILWAY UNDER DECREE OF FORE
CLOSURE.-By virtue and IN pursuance OF q de-
cree of the Superior Court of New Hanover county,
state of North Carolina. made In cause there
pending wherein Edwin Matthews, for himself ana
Others plaintiff, and the Carolina Central Rail-
way Company, and Andrew V. Stout ana timothy
ii. Porter. trustees. and James l.: Dawes ana j.
Brander Matthew'S trust, defendants. the IN
dersigle,, commissioners appOin ed by the said de-
cree will sell by public auction, to the highest bid
der, at The court, house Soor IN the Guy OF M
DAY tie 3lst day OF May; A, ID. 1850 at IL
o'clock NJ, the ENTIRE RAILROADS he same
exists and Is now used, known as The "CAKOLlNA
CENTRAL RAILWAY" as well the portion noE
| built aud completed. extending from The CITY OF
Wilmington. in said sta e Of North Carolioa to The
town of shelby In said State, distance of about
PAP miles also that portion incomplete aud vet
TO be built. and TO extend from said town Of Shelby
to the town of Rulberfordton, in said state, Dis
iauce of about 80 miles. with ALL RAILWAYS.
LANDS; TRACKS, BRIDGES, vIADuGTs. GU.
sT FAT HOUSES. ENGiNE-HousEs. CAR
HOUSES; WAREHoysEs, FBiE &I! iI
CHlNE-SH0Ps and other SHOPS: an LOCoM9-
|TlvE.ENGINEs, TENDERS. CARS, COACHES,
all am STA sTAT m0 ' ESGHNaS, IAChiSERY,
TOOLS, IMP. EMENTS. FULL, and MATE
RAILS of all kinds and all the CORPORATE
he CAROLINA CENTRAL RAILWAY COM
Also, ALL THE SHARES Of the CAPITAL
BRIDGE COMPANY held and owned by The said
Carolina Central Railway Company, aud all The
right, tile, and interest which the said company
has and owns i'm and TO the stock and properly OF
the Wilmington Railway Bridge Company as one OF
the cOrpOraiOrs hereOf and also all other property
aud estate, real and personal, of every Kind and de-
scriptiOn, of the said Carolina Central Railway
Company.
TERMS OF SALE: Purchaser must pay In cash on
the day oil sale 100000; aud the residue OF the
purchase-mOney IN three equal instruments at one,
two, and three months from the day Of sale, with
interest from that day at the rate of per centum
per annum. The purchaser can anticipate any or
all Of the said deferred payments. and n axe pay
mcnt in full OF the purchase money at any time
before maturity. Payment of that portion of the
purchase-money not hereby required 10 be paid in
cash may he made IN whole or I'm part, either in
cash in the bonds, or past-due coupons thereof,
secured by the first mortgage from said Carolina
Central Railway Company TO said Andrew V. Stout
and Timothy II. Porter, trustees of date MAY n.
1873, the extent of The pro rata percentage of the
par value of the said bonds and coupons, which the
holders thereof will be entitled to receive upon The
distribution OF the proceeds OF the said sale under
the order and decree OF said Court.
Possession viii be delivered 10 the purchaser so
soon As The said sale shall have been confirmed by
the Court aud one half OF the pnrchase-mOney paid
TO the commissioners and The purchaser shall have
assumed all the outstanding contracts aud iabiliues
of The receivers heretofore appointed I'm the said
cause, and unidentified Them sgainst the same.
NATHAN A. SIEDMAN, JR.,
JUNIUS DAVIS,
APP 7-3taw6w Commissioners.