The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1880-05-06
AuCTTOy sAI,rs-.Futare Days.

SALE OF THE CAROLINA CENTRAL
- RAILWAY UNDER DECREE OF FORE
CLOsURE-By virtue and in pursuance OF de-
cree OF the Superior Court Of New Hanover county,
state Of Norb Carolina. made In cause mere
pending wherein Edwin Matthews. for bimself ana
others. IS plaintiff, and The Carolina Cen,ral nai
way Com pany, and Andrew V. Stout and Timothy
H. Porter. trustees. and James l.. Dawes aud >.
Brsnder Matthews, trustees. are defendants me IN
dersigle. COMM apDoin ed by the SAID dc-
cree will sell by public auction, 70 the highest bid
der at The cosrt- house door, in the city or WI
tre s Ia s Sas % Of %as A. B. IL
O'Clock NJ, the ENTIRE RAILROAD, as Ihe fame
exists and Is now MS, d, known as me " CAhOLlNA
CENTRAL RAIL Way rs well the portion now
bnllt aud completed. extending from TIE cry Or
Wilmington. Ia said Stale Of North CorolIDa TO ne
town OF shelby, In said STATE. distance oI aoou.
z42 miles as also that portion incomplete and vet
10 be bniIt and 10 xtend from said iowD Of SHELBY
10 the town of Rulherforiton; IN said state o.;
RIGUTS Of WAY, DEPOT GROUNDS. and Other
LANDS; TRACKS, BRIDGES, yIADuaIs; gu.
yEET rtNcEs and TaxS SIssE sTknSiofFksR
WO0D-HoUSEs. and other BuILDINGs; Ma
t'UI NF--HOPS and other SHOPS: all LoCOMp-
TiVT.ENGINES, TENDERS. CARS, COACHES,
and other ROLLINS STOCK and E2tinPIMiNxNNppSy'
all STATIONARY ENGINE; h A0hiMNEnrrrf IT.
RAILS of all kinds and all The CORPORATE
FRANCHISES. RIGHTS, and PhiElLEGrs OF
he CAROLINA CENTRAL RAILWAY COM
Hiso, ALL THE. SHARES Of the CAPlTAL
STDG OF the WlL1llNhION RAIL " NJ
RIDGE COMPANY held and owned by The said
Carolina Central Railway Company. aud all TIE
right, lille. and interest when the said company
has and owns in and 10 The stock and property 81
the wilmington Railway Bridge Company as 0neoI
The corpOralors thereof: and also all other property
and estate real and per sona OF every Kind and de-
scripiIon, Of the sad Carolina Central RAILWAY
COMPANY. -, -, ~,
TERMS OF SALE: Purchaser must pay In cash on
the day Oh sale 100000: and The residue OF me
,urchssc. money In three equal insanents al Que,
iwo and three months from the Gay OF sale WIN
Interest from that day at The rate Of per cenlli
ner annum. The puI chaser can anticipate any or
All of The aid defrrrea payments. ana u axe pay
mcut in full OF the purchase-mOncy ~ any ilhe
before maturity. PAYMENT OF that p0rtlen OF tne
nurchase- money not hereby required 10 De pah IN
cash may be MADE in whole or IN part tl,uef ~
cush or in the bonds, past due coupons thereon
secured by inc first mortgage from said Carolina
Central Railway Company 10 said Andrew " STOUT
and Timoihy III. Porter. trustees. OF date MAY II,
1874 theexieut of The pro rata percentage OF the
mar yllue of the said bonds aud coupons, which the
holders thereof will be entitled to receive upon me
distribution OF the proceeds OF the said sale under
tie order and decree of said Court.
Possession will be delivered to the purchaser so
soon rs the said sale shall have been confirmed py
The Court and one half of The pnrcha-c-m0ney para
to the commissioners and the purchaser sha nave
assumed all The outstanding contracts aDd laDlhlt,
of ,he receivers heretofore appointed In tnc sdiu
cause and unidentified them against the same
NATHAN A. S1EDMAN, JR.,
JUNIUS DAVIS,
an 7.3tawGw Commissioners.