The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-05-05
DALLAS Il WICHITA.
SALE OF THE ROAD YESTERDAY.
Ex-Governor John &. Brown, Frank y.
Bond and Josiah q. Graves and
Their Associates, the PurchRs.
ers-The Road Knocked of
Rt SIi5,OOO.

Yesterday tne Dhllhs " WlCHlW rhllToau
was sold in front of the courthouse to John
g. Brown, Frank s. Bond, Josiah e. Graves
and their associates, for the sum of Sli5,.
900. The one hundred and twenty land GER
tiRcates Of $40 acres each were sold for
$4,000 to j. i. Leonard.
On the oath of April last, Judge McCor-
mick, of the United States District court,
in chambers at Waco, heard an ap.
plicatitn, argued pro and con, by
Judges White and Henry, Of this city
attorneys respectively for plaintiff and de-
fendants in the suit of Macolm Henderson
VS.. Thomas Allen and George H. Netlleton
trustees ct AL on motion for nm Injunction
and restraining order of the sale of the Dallas
q Wichita On the 26th of April m order
was granted by Judge Mccormick restrain
ing the sale of the property until the LIST of
June, at which time the application was set
for hearing. On Saturday, the LIT instant,
Henderson gave the bond required by the
order of the Judge restraining tho sale until
the LIST proximo, and the
writs of Injunction were served on
Il. }. Adams, master, appointed by the court
10 ,cll the road On Monday Judge McC "
mick heard motion of the defendants to va
cato and annul the former order made At
Waco, restraining and enjoining the sale Of
The property. The motion WAS argued all
day and until after midnight, and the order
entered yesterday morning vacatng and an
luling the former order made at Waco. and
in nc cordaucc with tho adverts ement of the
master, Captain :. j, Adams, the sale pro-
ceeded at The court.Elus Mt Il o'clock YES
terday.
There were perhaps a hundred of the bust,
ness and professional citizens of Dallas pres
ent. Captain Adams having read the adver-
tisement, and decree announced that Colonel
Baskerville would cry the property off under
his directions TO the highest bidder.
Before amy bids We're offered
Judge White, MS the attorney of Malcolm
Henderson ard Sins Reed, and as the attor-
ney of Malcolm Henderson individually, for
them, stepped up and forbid the sale, and
gave notice that Malcolm Henderson and
Silas Reed had taken mn appeal from the de-
cree of the Circuit court ordering the railroad
md other property Of the Dallas Il Wichita
Railroad company, now offered for sale, TO be
sold, 10 the Supreme court Ct the United
States, and he Motif d AL persons present
that any one purchasing ut this sale would
purchase subject to the decision upon said
appeal, and the entering of n reversal of said
decree, and setting aside Of the sale made
under il. Judge White then, in the name
of and NJ attorney Of Mr., Malcolm Hcnder-
son, forbid the sale, and gave notice that Mr..
Henderson claimed the bonds of the Dallas
Il Wichita Railroad company, for the pay
ment OF which the property now offered for
sale was about to be sold and that he had filed
his bill of complaint in the Circuit court OF
the United States at Dallas against Allen and
Nettleton and Others, TO assert and enforce
his right; that said suit was now pending,
and that he should prosecute it to decision:
that with the bonds he claimed the mortgage
and the property now about TO be sold,
which was embraced by it; that for further
particulars ms to his clsim BIO referred to said
bill now on file in said Circuit court, and
that oil persons were forbid from pur-
chasing said property, and notified that il
they purchased they did so Mt their peril.
AT the close Of Judge Whites remarks
Captain Adams remarked "thst was merely
the side show the circus will now begin
under the large tent" when Colonel Bssker-
vile announced that he was ready to re-
cieve any and all bids for tho sale of the
property.
The first bid was 500 by DR.. Silas
Reed Colonel Baskerville dwelt upon the
bid sometime, but before reaching ''the
third and last call" Ex-Governor Brown bid
sl46,O0O, at which figure the property wa;
knocked off,
The names of the purchasers were given
as above stated, with the announcement tina,
Joseph &, Graves interest was in proportion
TO the 100000 bonds held by him. Governor
Brown paid to Captain Adams $4,000 in
bonds OF The road and his check for $50, 900
The crowd then dispersed.
In conversation with Governor Brown after
the sale, he said that Immediately after Tho
confirmation of the sale by the court at il,
June term work would Immediately com
mence and the road extended TO Denton
where it will make connections.
.