The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1880-04-21


SALE OF THE CAROLINA CENTRAL
- RAILWAY UNDER DECREE OF FORE
CLOSURE.-By virtue and IN pursuance OF de-
cree of the Superior Court of New Hanover county,
state Of Norh Carolina. made IN cause tnere
pending wherein Edwin Matthews. for himself ana
others rs plaintiff, aud the Carolina CenraI RAIL
way Company, and Andrew V. Stout ana Iimotny
H. Porter. trustees. aud James u: Dawes ana D.
Brander Matthews, trust, es. are Defendants tne IN
dersigIe,. c0mmiss toner's appOin Ell oy the salI ne
cree will sell by pu0c auction to the highest Do
der at the court. house door. in the CITY OF VIII
mington. in the State Of Nor,h Carolina, on MON
DAY tie 3lst day of May. A. ID. 1850. al lZ
O'Clock NJ, The EN- IRE RAlLR0An'a. ne he, 'ame
exists and Is now u.s. d, known as The "CAROLlNA
CENTRAL RAILWAY" as well the portion now
built and completed extending from ne ely OF
wilmington, 10 sais stae OF North Csroios; TO me
242 miles as also that portion incomp'cie and YET
to be built. and 10 extend from said town OF shelby
TO the town of Ruiherfordton. In said state gls-
lance of about 30 miles. with ALL RAILWAYS,
RIGHTS Og WAY, DEPOT GROUNDS. and DINER
LANDS; TRACKS, BRIDGES, VlADuCIs.CuL-
VERTS. FENCES, and other STRUCTURES;
sTATi0N.JlOUSr s. ENGINE-HOUSEs. CAR
HOUSES. WAREHOUSES, FktlGHT-HoUsE s,
WOOD-HOUsES. and other BUILDINGS Nh M
TiVE-ENGlNES, TENDERS. CARS, CoAt HIS,
and other ROLLING STOCK and tQClP',MiIENN.nnS
al STAT TM NnnEN ES'i Fiji and MATf
RAILS of all kinds: and all the CoRPORAI J.
FRANCHISES, RIGHTS, and PhlElLtGkS OF
The CAROLINA CENTRAL HALLWAY 'oM-
Also. ALL THE SHARES of the CAPITAL
STOCK of the WILMINGTON RAILWAY
BRIDGE COMPANY held ana owned bv The SAID
Carolina Central Railway Company, and all The
lght tile. and interest whicn the said company
has and swns In and to the stock and properly OF
the Wilmington Raiway-Bridge Company as one OF
the cOrporalOrs thereof and also all other property
and estate re Al and personal OF every KIND ami de-
scriplion, OF the said CarCliU. CcDt-1l lai!"ai
Company.
The day OF sale 100000: and the residue of the
purchase money IN three equal insIaments al one,
ioterest from that day at The rate Of per centum
per annum. The purchaser can anticipate any or
all of The said deferred payments, and II axe pay
ment In full Of the purchase. money at any lime
before maturity. PAYMENT Of that portion oil the
purchase-mOney not hereby required 10 De paiJ IN
cash may be Dade IN whole or IN part, either IA
cash or in the bonds, past due coupons Thereon.
secured by the first mortgage from said carolina
Central Railway Company 10 said Andrew v. STOUT
and Timothy II. Porter. trustees. OF date MAY Il,
1875 theexen of the pro rata perennial OF the
par value of the said bonds aud coupons, winch the
holders thereof will be entitled to receive upon The
distribution Of the proceeds OF the said sale under
tho order and decree OF said Court
Possession will be delivered to the purchaser so
soon as the said sale shall have been confirmed 10y
the Court and one half of the purchasC-money PAID
assumed all the outstanding contracts aud Liabilities
of The receivers heretofore appointed IN the SAID
cause, and UNIDENTIFIED them against the same
NATHAN \. STEDMAN, JR,
JUNlUS DAVIS,
m 7-3tawGw Commit ssiOnrrs.