The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1880-04-09
AUCTION sALEs.-.Puture pays.

SALE OF THE CAROLINA CENTRAL
> RAILWAY UNDER DECREE OF FOh I,s
CLosU 9E,-By virtue aud IN pursuance o. ,,', uv
state Of Norih Carolina. made In cause ss
pending wherein Edwin Matthew's. for hinset sn n
others IS paiun ana Tue a' s,nn a Up' TImcthy
N. Porter. trustees. aud james L.. Dawes ana y.
Brandcr Matthews trust, es. are defendants Tue IN
1prsIglei commissioners app0in ed by the ssId ee
cree will sell nv public auction. 10 tile highest bid
der, az The courthouse toor IN me cry o, ,WM
mlngtoD, in the State Of Norh carqlinl, o. MN,
DAY tie 31st day of May. A. ~. lSsv, ~ 10
O'Clock a., ,he ENTIRE RAILROAD, ~ ne 'ame
exists and Is now Us. d. Known Ms me CAhOkiNn
CENTRAL RAILWAY as well the portion now
b,nIi and completed. extending from ihe ciiyof
Wilmington. ia said state OF North CaronDs: 10 lne
town Of shelby, IN said state. ds'nnce OF avon.
X42 miles as also that portion incomplete ann .et
10 be built aud 10 extend from sald Town OF shelOy
to the town Of Ruhcrfordton. In s1td Stne; q ~
,spcs Of about 20 T nEp w R n and ohsi
LANDS; TRACKS, BRIDGES, VIADuCIs. CYL
yERTs, FENCES aud ether , SThsSS ~ Xxi
HOUSES. WAREHOUSES. FktlGHT-HOusEs,
WOOD.HOUsEs. and other BUILDINGS MA
GIiNE:,IQps and Other sHorssib Az c su0InlFFs
aud other ROLLING STOCK and kQulP,MiENpS;
ali sTAII0NAnY. kHGI,SS,ttss; AAChiNEkk1r'
RJSis of All kinds {: and ali The CORPORATE
FRANCHISES, RIGHTS, and PRIVILEGES Of
The CAROLINA CENTRAL RAILWAY COM
Aiso. ALL THE SHARES of the CAPITAL
STOCK Of The WILMINGTON RAILWAY
BHIDGE COMPANY held ana owned by lbe iaid
('aroIina Central Railway Company, and all the
tight nj, le and interest when the said company
his ard owns In and TO the stock and properly oi
tine Wilmington Railway Bridge Company rs one OF
The corpOraiOrs thereof: and also all other property
and esi.te real aud personal Of every kInd anu de-
scription, of the said Carolina Central RaiIwaV
Company. -, -
TERMS OF SALE: Purchaser must pay In cash on
the day OF sale 100000: and The residue OF ine
nnrchsse- money IN three equal instruments at one,
Two and three months from the Jay OF sale. win
interest from that DAY al The rate Of per centum
ner anuum. 4 he purchaser can anticipate any or
All of The said deferred payments. and n axe pay
mrut in full of the purchase money Mt any iine
before maturity. Payment OF that portion OF tne
Durchase money not hereby requirei 10 DC paio IN
cash NAV he mace IN whole or IN part elther ~
cash or I'm the bonds, past due coupons ther'Oi'
secured by the first mortgage from sald tarohna
Central Railway Company TO said Andrew y. SOU.
and Timothy ". Porter. trustees. or dite NAY q,
1871 hcextent of The pro rata perceniageoi the
mar yliue of the sad bonds and coupons, wblcn Tue
hoders thereof viii be entitled 10 receive upon me
dI.tr1bution of the proceeds OF The said sale unuer
tLQ on der and decree OF said Court.
Possession will be delivered TO the mn cha er so
SOON rs The said sale shall have bttn confirmed ~
The Court and one half OF the purchaSc-money Dad
To The commissioners. and the pnrchas'r sha nave
ASSUMED all lbe on Standing contracts ana nanl1lcs
of he receivers heretofore appointed III INC salu
causp, and lndemnftd hem against The same
NATHAN A. STEDMAN, JR.,
JUNIUS DAVIS,
sp 7-3taw6w COmmlSsIon-rS.