Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1880-10-21
AUCTION SALES.
Virginia Midland Railroad
FORsALE PUBLIC AUCTION

FOR SALE Eat P q LILO AU CTION
By virtue of ard in obedience TO decree rem
dered BY the Circui: Court for the city Of Alex
andria in the chsncsry cause OF John q. G!ahan
Us. the Washington City, Virginia Midland and
Crest Southern Railroad Company and others
shall in front of the Market Building, on Roy
81 street, in the city tf Alexandra In the state
of Virginia, at twelve 12) o'clock M.
ON MONDAY, The TWENTIETH DAY
OF DECEMBER, 1850.
sell st public auction TO the highest bidder, the
following described property:
heENTIRE LINE OF RAILROAD known
as the Washington City, Virginia Midland and
of Alexandria and the city Of Dsnville. and from
the town of Manassas, in the county OF Prince
William, on the aforesaid main line to the town
of Harrison burg, in the county ct Rockingham,
together with all the branches thereof as they
now exist with sll appurtenances and equip
ments. rights, privileges, franchises properties,
real aud personal, anu works to the ssld railroad
snd branches respectively belonging, or In any
wise appertaining, including the roadway and
tracks rsils and road bed, side tracks, bridges,
viaduct trestles, fences stations, depots mschioe
shops and all other buildings znd structures,
docks and wbsrves, sand aud gravel pits and de
posits OF materials and all other things belong
ing to, or used or designed to be used, for or in
connection with the said railroad or branch rail-
roads respectively. together with Ill locomotives
and tenders, freight and passenger cars aud all
other cars and all other rolling stock or equip
ment whatsoever. machinery, tools and all ma
terials for the use OF said railroad or any OF us
branches and all other personal property there
unto belonging, including all property and
things whatsoever of npy such nature or de: Grip
.ion IS is above mentioned. The said lins OF
railway and branches extends total distance OF
346 miles.
The purchaser of said road and property
above di crbed will also be substituted to the
rights ana assume the responsibilities of said de
fendAnt company under contrsc. between said
comp my and the Baltimore and Ohio Railroad
Com psny, dated on the Goth day of August.
1873 whereby the said Baltimore and ,jhio
Railroad Company leases from asid defendant
company 80 much Of the said road ss lies be-
tween Strssburg and Hsrrisonburg and so
much of said road as lies between said points
will be sold subject to said lease
The said purchaser will further take sad road
and other property subject to the contracts made
under orders of the Circuit Court OF the city OF
Alexandris ~ the Receiver IN said suit with the
Charlottesville and Rspidsn Railroad Com.
psny snd the Franklin and PiJtsylvanis Railroad
company-snd 5ject to all other contracts of the
Receiver in regard to said property, whether
made under order of tae Court or not, and will
assume sll his liabilities Hereunder Should
the purchaser rot comply witu the terms of
sale, there will be resale at his cost and risk.
Terms: The terms upon which said Commis~
sioner shall sell said property as set forth IN the
said degree sre-cssh IS to sum Of money
equal to the principal and interest of all bonds
secured by deeds OF trust on said property or
any part thereof, except those secured by the
deed of trust cf the defendant corporation, dated
on the lst of May, 1878, in which D H. Miller,
Robert Garrett and ohn w Burke are trustees,
and for q further amount of cash equal to the
past due interest on the debt secured by that
deed; Rs to q sum equsl to the principal of the
debt which has bsen heretofore ascertsined to be
due under said deed, on such credit as will meat
the amount of said debt at maturity, taking
care that ss to such deferred psy ments provi-
zion be made for the purchaser to 30 psy inter.
est on the purchase money in instalments that
the interest 30 to be paid by him all meet the
coupons for interest yet to fall due said prin-
cDsl-as to residue of the purchase money
on credit Of one. two and three years, with in
tere,t from date of sale.
For the deferred payment. as allowed provided
the Commissioner shall take the Obligations Of the
purchaser and return them witdhis report of sale.
when the Court will direct how the payment OF
the same shall be secured by some sstsfsctory
lien on the premises sold
Of the cash. which It is herein provided shall
be required on the sale Of said property, two
hundred thousand dollars $500 C00) shall be
paid to the Commissioner within i've days after
said sale, and the residue shall be paid by the
purchaser upon the confirmation of said sale in
sue. manner as the Court IN the decree of con
frmation may direct.
JOHN s. BARBOUR.
oct I'd Gommissi oner of Sale