The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1880-12-29
S ALE
OF THE
LIAURBNS RAIL ROAD,

n URSUANT TO THE DECREE OF
Foreclosure made in the case of james
5. Gibbes VS.. the Grecrville and Columbia
Railroad Company ct al, in the matter Of
the Laurens Railroad, by the Hon. J. B. Ker-
shaw, presiding in the Court OF Common
Pleas for Richland County, April Term 1880.
dated April 10, 1880, will sell at public
auction, in the city Of Columbia, Oh the
FIRST MONDAY Of JANUARY NEXT, at
IL O'Clock noon.
All and singular the RAILROAD con-
structed upon ald over the line or route
from 8 point at or near the toSn Of New
berry, in the County Of Newberry, in the
State aforesaid, 10 the town Of Laurens, in
the County Of Laurens, in the State afore-
said; ard also all the Lands, TenemcntS and
Heradi;aments acquired and appropriated for
the purpose of a right of way for said Rail-
road and all the easements and appure-
nances thereto belonging or in anywise In
cidenr or appertaiuing, and all Railways,
Ways and Rights of Ways, Depot Grounds
and other Lands, all Tracks, Bridges, Via
ducts, Culverts, Fences and other structures;
all Depots, Station Houses, Engine Houses,
Car Houses, Freight Houses, Wood Houses,
Warehouses, Machine Shops, Workshops,
Superstructures, Ercctions and Fixtures held
and acquired for the use Of the said Railroad,
together with all the Locomotives, Tenders.
Cars and other Rolling Stock and Equip
ments, and all Machinery, Tools, Imple-
ments, Fuel and Materials for the construct
ing, operating, repairing or replacing said
Railroad or any part thereof, or convenient
OF necessary for use in connection Herewith,
together with all franchises connected with
or related to the said Railroad, OF the con-
struction, maintenance or use thereof now
held or acquired by the Grcenvi!le aud Col
umbia Railroad Company, and all corporate
franchises Of any nature, including tne fran
chise to be corporation, which are now pos
sessed and exercised by the said Greenville
and Columbia Railroad Company, together
with all and singular the eudowmentS, IN
come and advantages to the aforementioned
lands, railroad or property belonging, or in
auywise appertaining, the reVersion or rever-
sious, remainder aud remainderS, tolls, in
comes, rents, issues and profits thereof, and
also all the estate, right, title, interest, pro-
pertv, possession, claim and demand what
soever, as well as in the law as in the equity,
present o. prosoccsive, of the said Greeuville
and Columbia Railroad Company, in and 10
the same, every part and parcel thereof, with
the appurtenances, upon the following terms:
Twenty thousand dollars in cash 70 be
paid Immediately after the close Of the bid
dug, the balance Of the purchase money to
be laid within thirty days after the day of
sale, with in terest fro1 the said day of sale;
and the Master may require OF any bidder
during the progress Of said sale 10 deposit
the sum of twenty thousand dollars in cash in
a bank in the city of Columbia, to his order.
In case of refusal 10 pay the cash or make
the deposit, the bid shall be disregarded and
the sale be proceeded with as If the same DID
had not been made.
If the purchaser shall, within the period Of
thirty days above referred TO, pay the whole
of the purchase money, the sale shall be
closed; but in case the purchaser shall fail
and make default in such payment at or
within the time hereinbefore designated for
making the same, the Master shall at once,
and without delay, proceed to resell the said
property on the same terms as have been
hereinbefore set 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 same in
any contingency or event to arise be recoY-
cred back or reclaimed by such purchaser.
Any bond or bonds Of the Greenville and
Columbia Railroad Company secured by the
mortgage executed 70 James COuuer, 1saac
Hayne and George D. Bryan, Trustees, by
| said Company on the 29:h day of April, 1876,
may be made use Of in the payment Of such
| portion or portions Of the purchase money
as in the distribution Of the proceeds 0: said
saie may be applicable to such bond or bonds
or coupons thereof, and thar to this extent
the same may be used in settlement Of the
| purchase of said property; bu. in 20 event
| Shall the right row given relieve any pur-
chaser or purchasers at the close Of the bid
ding, when the same is accepted, from pay.
| ing in cash such an arnoant a. may be re-
ouired to discharge claims for costs, charges
and disbursements in this cause and Of the
sale now ordered and decreed TO be made.
NATHANIEL B. BARNWELL,
| Dec. |, 49-5t Master.