Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1880-11-10
AUCTION SALES.
Virginia Midland Railroad
poRsALEATPUBLIO AUCTION

FOR RSALE A T U LlC a CI1oN
Bv virtue of ard in obedierce to decree rem
daIsd by the Circui. Court for the city OF Alex
sndris in the chsncery cause Of John y. Iranan %
"a the Washington City, Virgins Midland sno
Great Southern Railroad Company ana otneis'
shall, in front of the Market builo'ng, So Soy
Al street, in the city cf Alexandria III the Stale
On o. fisEtINb iMsEnNbAY' THE TWENT' ETH DAY
o-' OF DECBMBER, 1850.
sell IT public auction to the highest bidder, the
following described property: y:po.DA,
as The Washington City, Virgins Midland ard
Crest Southern Railroad. lying between tn. city
NJ A alexsndria and the city of Danville and fro m
rhe town of Manassas, in the county OF frlnce
William, or the aforesaid main line, to the town
of Harrison burg. in the county OF hooalngosm,
together W'h all the branches thereof as they
now exist with all sppurtensnces and equip
mepts rights, privileges, franchises, properties,
real and personal, ano works to the SAID railroso
and branches respectively belonging. or IN any
wise appertaining. including the roadway and
tracks reils and road bed, side tracks, bridges,
y.duct trestes fer ces, stations, depots, mschlne
shops and all other buildings and 'tsucture',
docks and wharvps, sand and gravel pits and de
posits OF materials and sl other things belong
ipp 10, or used or designed to be used, for or IN
connection with the said railroad or branch rail-
roads respectively together with all locomotives
and tenders, freight and passenger cars and all
other CARS and oil other rolling stock or equip.
ment whatsoever. machinery, tools and all ms-
tsisls for the use of said railroad or any of lis
branches and all other personal property there
unto belonging. including sll property sod
things whstsot yer Of eny such nature or deecrlp
iion ss is above mentioned The said line OF
rswsy and branches extends total distance OF
946 milee.
The purchaser of esii road and property
above disorIoed will slso be substituted to the
rights and assume the responsibilities of said de ;
fendant company under contrsc. between said
company and the Baltimore ard Ohio ksilrosd
Compsny. dated on the 10Th day of August,
1873 whereby the said Baltimore and s.hio
Railroad Compsny leases from said defendant
company 50 much OF the said road ss lies be-
tween Strasburg and Hsrrisonburg and so
much of said road as lies between said points
will DO sold subject to said lease.
The said purchaser will further take siad road
and other property subject to the contracts made
under orders of the Circuit Court of the city of
AeIsndris ny the Receiver In said suit with the
Charlottesville and Kapidsn Ra,lrosd Com
compsny-snd subject to sll other contracts OF the
Receiver in regard to said property, whsther
made under order OF the Court or not, and will
assume all his liabilities there 1der. Should
the purchaser rot comply with the terms OF
sale. there will be resale at his cost and risk.
16rmes LIS LeEnb upUu WHICH S6lu OOmul5~
soner shall sell said property as bet forth in the
said degree sre-cssh rs to q sum of money
equal to the principal and interest of all bonds
secured by deeds ot trust on suid property or
any part thereof. except those secured by the
deed OF trust of the defendant corporation, dated
on the lst of May, 1878, in which ID II. Miller,
Robert Garrett and John w Burke are trustees.
snd for q further amount of cash equal to the
past due interest on the debt secured by that
deed; 81 to sum equal to the principal of the
debt which has bsen heretofore ascertsined to be
due under said deed, on such credit as will meet
the amount of ssid debt at maturity. taking
care that IS to such deferred pay ments provi-
zion be made for the purchaser to 80 pay inter-
ess on the purchase money in instalments that
the interest so to be paid by him shsll meet the
coupons for interest yet to fall due on said prin-
cDal-ss to residue of the purchase money
on credit of one two and three years, with in.
lerest from date of sale.
For the deferred payment IS allowed provided
the Commissioner shslliAke the obligations of the
purchaser and return them witbhis report of sale.
when the Court will direct how the payment 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 (S2O0 00Ol shall be-
paid to the Com missioner within i've days after
s.d sale, and the residue shall be paid by the
purchaser upon the confirmation Of said sale in
sacr manner as the Court IN tne decree Of con
ttmaton may direct
JOHN 8. BARBOUR.
oct l6 I'd Oommissi )ner of Sale,