The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1880-12-29
S ALE
OF THE
Rail ROAL).


n URSUANT TO THE DECREE OF
{ Foreclosure made in the case OF james
5. Gibbes VS. the Greenvilie and Columbia
Railroad Company ct al, in the matter OF
the Laurens Railroad, by the Hon. j. B. kcc-
shaw, presiding in the Court OF Common
Pleas for Richland County, April Term 1881,
dated April 10, 1880, will sell at public
auction, in the city Of Columbia, Oh The
FIRST MONDAY Of JANUARY NEXr, at
- O'Clock noon.
All and singular the RAILROAD con-
structed upon aud over the line or route
from q point at or near the town Of New
berry, in the County Of Newbcrry, in the
State aforesaid, TO the town Of Laurens, in
the County OF Laureus, in tie STATE afore-
said; and also all the Lands, TenemcntS and
Heradi:aments acquired and appropriated for
the purpose OF a right of way 1oc said Rail-
road and all the easements and appurte-
nances thereIo belonging or in anywiSe in
cident or appertaining, and all Railways,
Ways and Rights of Ways, Depot Grounds
aud other Lands, all Tracks, Bridges, Via-
ducts, Culve1ts, Fences and other structures;
all DeDots, Station Houses, Engine Houses,
Car Houses, Freight Houses, Wood Houses,
Warehouses, Machine Shops, Workshops,
Superstructures, Ercctions 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 all Machinery, Tools, Impe-
neuts, 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 seij Railroad, or the con-
struction, maintenance or use thereof nOw
held or acquired by the Grceuviile aud Col
umbia Railroad Company, and all corporate
franchises Of any nature, including the fran
chise to be q corporation, which are now pos
sessed and exercised by the said Greenville
and Columbia Railroad Company, together
with oil and singular the cudowmerts, in
come and advantages TO the aforementioned
lands, railroad or property belonging, or in
anvwSe appertainiDg, the reverslon or reVer-
sious, remainder and renainderS, tolls, IN
comes, reutS issues and profits thereof, and
also all the estate. right, titIe interest, pro-
pertv, possession, claim and demand What-
soeYer, as well IS in the law aS IN the equ!ty,
present or prospective, Of the said GrcenYIlie
and Columbia Railroad Company, II and 70
the same, every part and parce! thereof, with
the appurtenances, upon the following terms:
Twenty thousand do!l"rs IL caSh 10 De
paid immediately after the close Of the Did
dug, 1he balance Of the purchase money 10
be laid within thirty days afte! the day of
sale, with interest from the said day OF sale;
and the Master may require Of any bidder
during the progress of said sale 10 deposit
the sum of twenty thousand dollars III cash in
bank in the city of Columbia, to his order.
In case of refusal 10 pay the cash or make
the deposit, the bid shall be disregarded and
the sale be proceeded with IS if the same bid
had not been made.
# the purchaser shall, within the period Of
thirty days shove referred 10, pay the whole
of the purchase money, the sale shall De
closed; but in case the purchaser shall fall
and make default in such payment at or
within the time herenbefore 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
herciubefore set forth, 10 the highest bidder,
| II the risk Of the former purchaser, who shall
be liable for any loss Or deficiency because OF
such resale, and any and all payments
| which have been made by such purchaser
shall become forfeited. nor shall the same IN
any contingency or event TO arise be rccoT-
cred back or reclaimed by such purchaser.
| ANY bond or bonds of the GCecuVlle ana
| Columbia Railroad Company secured BY tile
mortgage executed 10 James Conner, Isaac
Hayne and George D. Bryan, Trustees, oy
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
safe may be applicable to such bond or bonds
| or coupons thereof, ani thar TO this extent
| the same may be used in settlement OF the
purchase Of said property; bu! in no event
Shall the right no" given relieve any pur-
! chaser or purchasers al the close OF the p!d-
ding, when the same is accepted, from pay
ing in cash such an amount as may De re-
! oliircd 10 discharge claims for costs, charges
! and disbursements in this cause and OF the
| sale now ordered and decreed 10 be made.
NATHANIEL B. BARNWELL,
| Dec !, 49-5t. Master