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

n URSUANT TO THE DECREE OF
Foreclosure made in the case of James
5. Gibbes vs.. the GreenvilIe and Columbis
Railroad Company CT al, in the matter Of
the Laurens Railroad, by the Hon. J. B. Ker-
shaw, presiding in the Court Gf Common
Pleas for Rchland County, April Term 1880,
dated April 10, 1880, will sell at public
auction, in the city Of Columbia, on the
FIRST MONDAY OF JANUARY NEXT, st
12 o'clock noou. :.
All Entl singular the RAILROAD con-
structed upon and over the line or route
frD1n point 1t or near the town of New
berry, in the County OF Newberry, in the
State aforesaid, 10 the town Of Laurens, in
the County OF Laarcns, in the State afore-
said; and also all the Lands, Tenements and
Heradi;enentS 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 Tor appertaining, and all Railways,
Ways and Rights of Ways, Depot Grounds
and other Lunds. all Tracks, Bridges, Via
ducts, Culverts, Fences and other structures;
all DepolS, Station Houses, Engine Houses,
Car Houses, Freight Houses, Wood Houses,
Warehouses, Machine Shops, Workshops,
SuperStruc.ures, Erections and Fixtures held
q
together with all the Locomotives, Tenders,
Cars ami other Rolling Stock and Equip
meuts, and all Machinery, Tools, Imple-
ments, 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-
struction, maintenance or Use thereof now
held or acquired by the GfeenyiIle and Col
umba Railroad Company, and all corporate
franchises Of any nature, including the fran
chise to be corporation, which are now pos
sessed anL exercised By the said Greenville
and Columbia Railroad Company, together
with all and singular the endowments, in
come and advantages TO the aforementioned
lauds, railroad or property belonging, or in
anywise appertaining, the reTersion or reVer-
sio1S, remainder and remairders, tolls, in
comes, rents, issues and profits thereof, and
also ali the estate, right, title, interest, pro-
perty, possession, claim and demand what
socyer, as well us in the law Us in the equity,
present or prospective, Of the said Greeuvie
and Columbia Railroad Company, in and 10
the same, every part and parcel thereof, with
the appurtcnances, upon the following terms:
Twenty thousand dollars in cash to be
paid Immediately after the close of tue bid
ding, the balance of the purchase money 10
he paid within thirty days after the day of
sale, with in terest from the said day Of sale;
aud the Master may require Of any bidder
during the progress OF said sale 10 deposit
the sum uf twenty thousand dollars III cash IN
a bank in The city OF Columbia, 20 his order.
Iu case OF refusal 10 pay the ci>n or make
the deposit, the bid shall be disregalded and
Il l.. loi ., m
had not been E:ade.
If tho purchaser shall, within the period Of
thirty days above referred TO, pay the whole
of the purchase mouey, the sale shall be
closed; but in case tine 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 10 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, who shall
be liable for any loss Cr deficiency because of
such resale, aud any aud 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 Greenrille and
Columbia Railroad Company secured BY the
mortesge executed to James Couner, Isaac
Hayne and George D. Bryan, Trustees, BY
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 purch ase money
az 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 ia cash such an amount as may be re-
ouircd TO discharge claims for costs, charges
and disbursements in this cause and of the
s. le now ordered and decreed to be made.
NATHANIEL B. BARNWELL,
Dec. l. 49-5t. Master.