The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1880-12-01
S ALE
OF THE
LAURbNB Rail Road,

u URSUANT TO THE DECREE OF
Foreclosure made in tue Case of James
5. Gibbes vs.. the Greenyille and Columbia
Railroad Company CT al, in the matter Of
the LaurenS Railroad, by the Hon. J. B. Ker-
shaw, presiding in the Court CT Common
Pleas for Richland County, April Term 1880,
dated April 10, 1880, l will sell at public
auction, in the city Of Columbia, on the
12 O'Clock noon.
All end singular the RAILROAD con-
structeu upon and over the line or route
from a point at or near the town of New
berry, in tic County Of Newberry, in the
State aforesaid, TO the town of Laurens, in
the County OF Laurens, in the State afore-
said; and also all the Lands, Tcnements and
Herad;ament> acquired and appropriated for
the purpose Of right of way for said Rail-
roa | and all the easements and appurte-
nances thereto belonging or in anywise in
cdent 5or appertaining, and all Railways,
Ways and Rights of Ways, Depot Grounds
and other Lands, all Tracks, Bridges, Via
ducts, Culyerts, Fences and other structures !:
all DepolS, Station Houses, Engine Houses,
Car Houses, Freight Houses, Wood Houses,
Warehouses, Machine Shops, Workshops,
Superstructures, Erectons and Fixtures held
and acquired for the use OF he said Railroad,
together with all the Locomotives, Tenders,
Cars ami other Rolling Stock and Equip.
meuts, and all Machinery, Tools, Imple-
mcnts, Fuel and Materials for the construct
ing, operating, repairing Or replacing said
Railroad or any part thereof, or convenient
or necessary for use in connection Herewith,
together with all franchises connected with
or related to the said Railroad, or the con-
structon, maintenance or Use thereof now
held or acquired by the GreenYile and Col
umbia Railroad Company, and all corporate
franchises Of any nature, including the fran
chise to be i corporation, which are now pos
scSSed AM exercised By the said GreenVille
and Columbia Railroad Company, together
with all and singular the endowments, in
come and advantages TO the aforementioned
lands, railroad or property belonging, or in
anywise appertainiDg, the reyerSion or rever-
siors, remainder and remairderS, tolls, in
comes, rents, issues and profits thereof, and
also all the estate, right, title, interest, pro-
perty, possession, claim and demand what
soeYer, as well US in the law as in the equity,
present o. prospective, of the said Greeuyille
and Columbia Railroad Company, in and TO
the same, every part and parcel thereof, with
the appurt4nances, upon the following terms:
Twenty thousand dollars in cash to be
paid immediately after the close Of the bid"
ding, the balance of the purchase money tC'
he Laid within thirty days after the day O.:
sale, with interest from the said day of sale;
aud the Master may require Of any bidder
during the progress OF said sale 10 deposit
the sum Of twenty thousand dollars in cash in
a bank in The city OF Columbia, 20 his order.
lu case OF refusal 10 pay the cash or make
the deposit, Tie bid shall be disregaldei and
the sale be proceeded with as if the same bid
had not been E:ade.
If tho purchaser shall, within the period Of
thirty days above referred 10, pay the whole
Of the purchase money, the sale shall be
closed; but in case the purchaser shall fail
and make default III such payment: at or
within tie time hereinbctore designated for
making the same, the Master shall at once,
and without delay, proceed to resell The said
property on the same terms as have been
hereinbefore set forth, 10 the highest bidder,
at the risk of the former purchaser, who shall
be liable for any loss VI deficiency because Of
such resale, aud any and all payments
which have been made by such purchaser
shall become forfeited, nor shall the same in
anv contingency or event to arise be recoy-
cred back or reclaimed by such purchaser.
ANY bond or bonds Of the GrecnYiIe and
Columbia Railroad Company secured by the
mortgage exccHtcd to James Couner, Isaac
Eayne and George D. Bryan, Trustees, by
said Company on the 29th day of April, 1876,
NAV be made use of in the payment of such
portion or portions of the purchase money
as in the distribution Of the procce Is OF said
sale may be applicable to such bond or bonds
or coupons thereof and that to this extent
the same may be used in settlement Of the
purchase Of said property; but in no event
Shall the right now given relieve any pur-
chaser or purchasers at the close of the bid
ding, when the same is accepted, from pay
ing in cash such an amount as may be re-
quircd TO discharge claims for costs, charges
and disbursements in this cause and Of the
sa le now ordered and decreed 70 be made.
NATHANIEL B. BARNWELL,
Dec. l. 49-5t. Master.