The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1880-12-22
S ALE
OF THE
LAURBNS Rail ROAD.

ID URSUANT TO THE DECREE OF
Foreclosure made in the case of James
5. Gibbes vs. the Greenv;lle and Columbia
Railroad Company ct al, in the matter OF
the Laureus Railroad, by the Hon. J. B. ker-
shaw, presiding in the Court OF Common
Pleas for Richland County, April Term 1880,
dated April 10, 1880, will sell q: public
auction, in the city Of Columbia, Oh the
FIRST MONDAY Of JANUARY NEXT, st
70 O'Clock noon.
All and singular the RAILROAD con-
struc!ed upon and over the line or route
from a point Ut or near the town OF New
berry, il the County Of Newberry, IN the
STATE aforesaid, to the town Of Laurens, in
the County OF LaurenS, id the State atore-
said: and also all the Lands, TeGemcntS and
Heradi;aments acquired and approprlated ior
the purpose Of q right of way for said Rail-
road and all the easements and aDpurte-
nances thereto belonging or in anywise in
cdcIt or appert.ining, and all Railways,
Ways and Rights of Ways, Depot Grounds
aud other Lands, all Tracks, Bridges, Via
duets, Culverts, Fences and other structures;
all Depots, Station Houses, Engine Houses,
Car Houses, Freight Houses, Wood Houses,
Warehouses, Machine Shops, Workshops,
Superstructures, E-ections and Fixtures held
and ACQUIRED for the use Of the said Railroad,
together with all the Locomotives, Tenders,
Cars and other Rolling Stock and Equip
mentS, and ell Machinery, Tools, lmple-
ments, Fuel and Materials for the construct
ing, operating, repairing or replacing Sald
Railroad or any part thereof, or convenient
or necessary for use in connection thereWlth,
together with all franchises connected with
or related to the said Railroad, or the con-
struction, maintenance or use thereof now
b,-tl tl,a GroonvilIp
umbia Railroad Company, and all corporate
franchises Of any nature, including the fran
chise to be corporation, which are now pos
sessed and exercised by the said GreenTille
and Columbia Railroad Company, together
with all and singular the endowments, in
come and advantages to the aforementioned
| lands, railroad OF property belonging, or IL
unywisc appertainiDg the reTerslon or reVer-
siops, remainder and remainders, 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 as n the law as in the equity,
present or prospective, of the said Greenyllle
and Columbia Railroad Company, in and TO
the same, every part and parcel thereof, with
| the appurtenances, 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 to
| be laid within thirty days after the day OF
sale, with interest from the said dsy OF sale;
and the Master may require OF any Dloder
during the progress of said sale to deposit
the sum of twenty thousand dollars IL casa Ii
:. bank iu the city Of Columbia, to his order
In case OF refusal 10 pay the cash or maze
the deposi,, the bid shall be disregarded and
the sale be proceeded with as If the same o!o
had not been made.
| If the 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 in such payment at or
within the time hereinbefore 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, to the highest BIDDER,
at the risk Of the former purchaser, VINO snail
| be liable for any loss VI deficiency because OF
such resale, and any and all payments
which have been made by such purchaser
| snail 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 Greenvilc and
| Columbia Railroad Compan secured by the
mortgage executed to James Conner, Isaac
Hayne and George D. Bryan, Trustees, Dy
said Company on the 29:h 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 proceeds o; SAID
sale may be applicable to such bond or bonds
or coupons thereof, and that TO this eX;ent
thc same may be used in settlement Of the
purchase of said property; but in no event
Shall the righ: 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 Ie-
nuircd to discharge claims for costs, charges
| and disbursements in this cause and OF inc
sale now ordered and decrced to be made.
NATHANIEL B. BARNWELL,
Dec. /, 49-5t. Master.