Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1880-12-02
AUCTION SALES.
Virginia Midland Railroad
FoRsALE PUBLIC AUCTION

h . a - n ~ ID II " a - l ~ ~
Bv virtue of ard in obedience to decree rem
dered By the Circuit Court for the city OF Alex
sndrs in the chsLcery cause Of John 9. Graham
VS.. The Washington City, Virginia Mlo!and and
Crest Southern Railroad Compsny and others,
shsIl, in front of the Market Building, on BOY.
al street in the city If Alexandris, in the State
of Virginia, s.. twelve Q2) o clock NJ.
on MONDAY, The rWENTIETH DAY
OF DECEMBER, IsS0.
sell At public auction 10 the highest bidder, the
. following described property:
Ths ENTIRE LINZ OF FKAILROADknown
as the Washington City, Virgins Midland aud
Crest Southern Railroad, lying between the city
of Ale1andris and the city of Dsnvllle. and fro M
the town of Manassas. in the county of Prince
William, on the aforesaid main line, TO the town
of Hsrrisonhurg. in the county cf Rockingham,
together with sll the branches thereof as they
now exist with all appurtensnces and equip
meuts, righrs, privileges. franchises, properties
rosl and personal, sno works to the SAID rsifroso
and branches respectively belonging, or IN any
tracks. rsils and road bed, side tracks, bUdges,
visduct trestes fer ces, stations. depots, machine
shops and all other buildings and structures
docks and whsrves, sand and gravel pits and de
posts OF materials and all other things belong
ing TO, or used or designed to be u5ed, for or IN
connection with the SAID railroad or branch rail.
roads respectively together with sll locomotives
and tenders, freight and passenger cars aud al
other cars and ell other rolling stock or equip
ment whatsoever. machinery, tools and all ma
letisls for the use Of ssio rsilrosd any Of its
branches and sll other personsl property there
unto belonging, including all property and
things whatsoever Of any such nature or desctlp
tion IS is above mentioned The said lins OF
railway and branches extends total distance OF
346 mies.
The purchaser of said road and property
above discrioed will also be- substituted TO the
rights and assume the responsibilities OF SAID de
feudant company under 8 contract between ssld
company and the Baltimore and Ohio Railroad
Company, dated on the 10th day of August
1878 whereby the said Baltimore and -.hio
Railroad Company leases from said defendant
company 80 much Of the said ros1 as lies be-
tween Strssburg and Rsrrisonburg and so
much of said road as lies between said points
will be sold subject to said lease.
The said purchaser will further take siad road
and other property subject TO the contracts made
under ordels Of the Circuit Court of the city OF
Alexandria ny the Receiver IN said suit with the
Charlottesville and Rspidan Railroad Com
psny snd the Franklin and Pittsylvsnis Railroad
compsny-snd subject to sll other contracts OF the
Receiver in regard to said property, whether
made under order of the Court or not, and will
assume all his liabilities hereunder. Should
the purchaser not comply vito the terms Of
SALE there viii be resale at his cost snd risk.
Terms: The terms upon which said Com MIS-
sioner shall sell said property rs set forth in the
equal to the principal and Interest Of all bonds
secured by deeds OF trust on said property or
any part thereof, except those secured by the
deed of trust of the defendant corporation, dated
Or the lst of May, 1873. in which D d. Miller
Robert Garrett and John " Burke are trustees.
and for further amount of cash equal to tn q
past due interest on the debt secured by that
deed; ~ to q sum equal to the principal of the
debt which has bsen heretofore ascevtsined to be
due uader said deed, on such credit ns will meat
the amount of said debt at ms;urity, tskiag
care that rs to such deferred pay ments proVi'
sion be made for the purchaser to Sd pay inter-
est on the purchase money in instslments tnst
the interest 80 to be paid by him shall meet the
coupons for interest yet to fall due on said prln-
ciDal-ss to residue Of the purchase money
on credit Of one, two and three years, with Ia
terest from oste Of bale.
For the deferred pay msut IS ab oved provided
the Commissioner shall take the Obligations OF the
purchaser and return them wthhis report OF sale,
when the Court will direct how the pay yment OF
the same shall be secured by some Satisfactory
lien on the premises sold ,
OF the cash, which it Is herein provided shall
be required on the sale Of said property, two
hundred thousand dollars $500 COO sh all be
paid to tho Com missioner within ive days alter
said sale, and the residue shall be psii by the
purchaser upon the confirmation Of said sale In
sucu manner as the Court in toe decree OF con
frmstion may direct.
JOHN 8. BARBOUR.
oct l6-td Commis:i Jner of Sale,