The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1880-06-23
Sale Of the LaurensR Railroad.

PURSUANT to the decree of Foreclosure
L made In the case OF James g. Gibbs VS..
The Greenvillea and Columbia Railroad Com
road. by the Hon, j, B. kershaw. presiding
In the Court of Common Please for Richland
County, April Term, 1880. dated April 10th,
1881, 1 will sell at public auction In the City.
OF Columbin, on the FIRST MONDAY OF
August next, Mt O'clock noon.
All and singular Tile RAILROAD construct
ell upon and over the line or route from q
County of Newberry, In the State aforesaid to
the town OF LaurcnS, In the County OF Lau-
rens. In the STATE aforesaid; ana also all the
Lands, TenemclitS and llcr,rditalncnts &C.
right OF way for said Railroad, and all the
easements unu appurtclIancrs thereto belong.
Ing, or in anywisc Incident or app"rtatninS,
and all Railways, Ways mud Rights of Ways,
Depot grounds and other Lands, all Tracks,
Bridges, Vladucls. Fences any other struc-
lures; all Derots, Station houses, Engine
houses; Wood i.,nSes. Ware houses. Machine
shops. Work Shops, Supclstructures, Ercctions
and Fixtures held ana acquired for ti;e use OF
said railroad, together with all the l.ocotnO.
tiveS, Tenders, Cars and other Rolling Stock
and Equipments, and all Machinery. Tools,
implements. Fuel and Materials or the aDn-
STRUGGLING, operating, requiring or replacing
said Railroad Or any part thereon, or conven-
lent or necessary for Use In connection there
with, together with all the franchises connect
ell with Or related TO the said Railroad, or the
construction. maintenance, or use thereof,
now held or acquired 10y the Greenyille and
Columbia ltaiiroad Company, and all cOrpo-
rate franchises OF any nature, Including the
franchises to he II corporation. which are now
possessed and exercised by the said Green
Vile and Columbia Railroad Company, to.
ycther with al! and singular the enrtDwmcDtS.
ed lands. railroad Of other property belong
ing, or In anywisc nppcrtaintng, the rerersion
or revGssionS, remainder and rcIpaiilcrs,
tolls, incDnicS, rents, Issues and profits thereof;
also all the estxte, right, title. Interest, prop
cry, possession. claim AMI demand wbatSO-
ever, US we'll in tie Law nI In the equity, pres
rut or prospective, OF the said Green cille and
columbia ltailroad Company. in and To tho
same, every part and parcel thereof, with the
appurtenances, upon the following terms:
Twenty thousand dollars IN cssh to be paid
Immediately aaer the close or the bidding.
the balance Of the purchase to be paid within
thirty days after the day OF sale, will Interest
from the said day OF sale: and the Master
may require or any bidder during the progress
OF said sale to deposit the sum Of twenty
thousand dollars In cash In ~ bank of the City
OF Columbia to his order. III case OF refusal
to pay the caShor make the deposit, the bid
shall be- regarded and the safe be proceeded
with MS II the same bid had rot been made.
n the purchaser shall. within the period Of
thirty days above referred tn, pay the whole
of the purchase money, the sale shall be CLICKED
tut in case the purchaser shall fail and max
default In such payment ut or Within tho
timchercln bnfOre designated for making the
same. the Master shall ut once, anu without
delay, proceed to resell the said property on
the same terms as have been hcreiniofOre SET
forth, to the highest bidder, Mt the risk Of the
former purchaser, who shall he liable for amy
loss or deficiency because of such resale, and
any and all payments which have heen made
by such purchaser shall become fortified, no
. shall the samcln my contingency or event tn
arise he recovered bnck or reclaimed by sncl
purchaser. n bond Of the Grecnrille ane
Columbia Railroitd Company secured by thu
mortgage executed to james Conner, Isaa'
FIaync and George u. Bryan, Trustees, by
:. said Company IN the 18th of April, 1875, ma
[ DC made use OF in the payment Of such pnr
ton or portions OF the purchase money us II
, the distribution Of the proceeds Of said sal
!. may be applicable to such bond or bonds o
=. coupon thereof, and that to this extent tn
same may be uscd In settlement Of the pur
chase Of said property: but in 70 event shal
tho right now given relieve any purchaser q
purchasers ut the close Of the bidding. whel
the same Is accepted, from paying In cas-
: such an amount az may be required 10 dill
I charge claims for costs, charges and disburst
8 nlcnts In this cause and OF the sale no'
: ordered and dccreed to be made.
I NATHANIEL Il. Arm WE'LL,
II May IL Master.