Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1880-11-19

AUCTION SALES.
Virginia Midland Railroad
FORs TPUBLIO AUCTION

FOR SALE ATP . BLIO A D CTlON
By virtue of ard in obedience TO decree rem
dered by the Circuit Court for the city q Aie4
andria in the che encery cause OF John y. Granam
vs.. the Washington City, Virgins Mid aud aud
Great Southern kailroad Com Dany and others,
J. shall, in front of the Market Building. on Roy
81 street, iu the city # Alexandria IN the State
sf %N y,Eips st tseyH 2 S%SST1SrH SfsSE Fl DAY
OF DEUEMBER, 1880.
sell ct public auction 10 the highest bidder, the
following described property:
ThsENT:RE LIN Z OF RAILROADkoowI
rs the Washington City, Virginia Aldlsnd anc
Great Southern Railroad lying between the city
of Alexaudris and the city Of Danvile and from
the town of MaDsEsas in the county of Prince
William, on tho aforesaid main line, TO the town
of Harrso:. burg. in the county Of Rockingham,
together with all the branches thereof Is they
now exist with all appurtenances and equip
ents, rights, privileges, franchises, properties,
resi- and personal and works to the said railroad
and branches respectively belonging, or III any
wise appertsinink, including the roscwsy and
tracks. rsils and rosd bed, aide tracks, oTldSes,
vi.Guct, trestes fer ces, stations, deyos, mscnlne
shops and all other buildings and St uctures,
docks and whsrvss, ssnd and gravel pits and de
COSTS OF materisis snd ali other things bslong
ing to, used or cesigr ed to be used, Tor or IN
connection with the ssid railroad or branch rail.
roads respectively, together with ell Locomotives
and tenders, freigh and passenger CARS aud sll
other cars and Ill other 70 ling stock or equip
ment whatsoever. machinery, tools and all ma
terias for tho use of said rsiIrosd or any of It's
branches snG oil other personal property there
unto belonging, including ell property End
things whatsoever Of Sly such nature or deectlp
tion a. is above mentioned The said line OF
railway and branches extends q tota! distance OF
346 miles.
The purchaser of taid road and property
above discribGd will also be substituted TO the
rights and assume tho responsibilities OF said de.
fentant company under cortract between said
comp ny and the Baltimore sod ONO Railroad
Company dated on the 10th day of August,
1873 whereby the said baltimore and ohio
kailrcsd Company leases from said detendsnt
compsay !, much OF the said road as lies be-
tween Strasburg and HsTrisonburg and so
much of said road as lies between said points
will be sold subject to said lease.
The said purchaser will further take sisd road
and other property subject TO the contracts made
under orders Of tie Circuit Ccur: of the city or
klexandris hy the Receiver IN said suit with the
Charlottesville and Rspidan Railroad Com:
pspy snd the Franz / lin and Pitisylvanis Railroad
com ject to sil othsr contracts Of the
Receiver in regard TO said property, Whrther
made undsr order OF the Court or rot aud will
assume sll his liabilities there lder. Should
the purchaser rot comply with the terms OF
sale there vii be q resale at his cost and risk.
Terms: The terms upon which Sad Commits
sioner shall sell said property as set forth IN the
said degree sre-cash ~ to sum of moueY
equal to tha rr ncipal and irtarest Of all bonds
secured by deeds OF trus. or sn'd property or
any part thereof except those secured by tho
deed OF trust Of the defsndsnt corporation, dated
On the 1st Of May, 1873, in which y h. Miller
Robert Garrett and John W. Burke arc trustees,
and for further amount Of cssh equal to the
past due interest on tho debt secured by that
deed; as to q sum equal to the priGcipsl of the
deb. which has bsen heretofora ascectsined to be
due under said deed on such credit IS will meet
the amount Of SAID debt st maturity, taking
care that as to such deferred payments provi-
sion be made for the purchaser TO 30 pay inter.
est oD the purchase money in instalmeDts that
the interest 60 to ba paid by him shall meet the
coupons for interaat yet TO fall due on said prln.
cipsl-ss to re.idue of the purchase money
on credit Of one, two and thres yesrs, with in
terest from date of ssle.
For the deferred payment as ab1ved PROVIDED
the Commissioner sbsli lsketh Obligations CT the
purchaser and return them withhs report OF sale.
when the Court will direct how the payment OF
the same shall be secured by some satisfactory
lien on the premises cold
Of the cash, which it is herein provided shall
be required on the asle Of said property. two
hundred thousand dollars $500 COO shall 6a
paid to tho &c missioner within i've dsys after
said sale, and the residue shall be paid By the
purchaser upon the onfrmslion of said sale In
sucn manner as The Court IN tne decres OF con-
frmation may direct
oot 1Rt1 i!omrnissi )ner of Sale