Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1882-01-31

SALE CT TIE WASHINGTON AND OHIC
! RAILsoAD.-The sale Of the Washington and
Ohio Railroad Was tie occasion of the assem-
birg CT q large number Of oitizsns and str.nr.
ers at the depot Of tbs company 10 this city to
day. Among tn' ssrarg.rl present represent,
ing various Interests were Philip Qai2Iey. OIL
Wilmington. Dsl; w. G. Oakmau, of New
York; Oliver Anes. of Boston; Gen. Therwold
Of Mississippi; Theodore Adams. of New York
Geo. II. B.rdWsll. of Philadelphia; T. j.
Steers, of West Virginia; MIR. Bates, of Wi
mirgtoo. D.l; Mi. Boyce. Of Virgins; 0. A.
SteveIa, snd large number of others.
At II O'Clock Msior John w. Green, of the
firm of Green & Wise. suclionoers, read from
thu Gsz,tte The advertisement of sale, signed
by the Commissioners. judge Charles E.
Stuart ED Mestrs Rcba1d Ii. Lee, Il. 7.
Barton and Henry E. HsatoD, sld snnouncsd
lhs. be wss ready to receive bids. At the sus-
gestion Of the commissioners Msi,r Green
stated thst tie short line Of track connecting
With tho Washington and Alsxandi. Railroad
was under lsas, Of SITS q year, payable
quarterly.
Mr.. Qaieley, whose limit was $500 600, aud
who WAS one OF the CT ginal contractors fol- the
building If the rad, 80 wall as being former
associate with Col. McComb. opened the sale
With bid Of 100000. Mr. Adams INN cdietely
aGvatc,d tbs bid to $2500O0 The bidding
was then quite lively between Qaigey aud
Adams until S27O, GOO WAS reached. whep Mr..
Oakman, REPRESENTING what is known es the
hlcComb interest. named $685. 900. Auditor
+. L.. Br)cket, representing . syndicate made
up largely ct Alexandra bondholders. then lid
$500 600.
Mr.. L,wis McKerzie here stated that $40 :
900 CT bonds would c,me back to the purchaser,
bu. the Commissioners declared that they would
cot make any guarantees.
Mr.. Oakmsn named 1923. 900 for the road,
followed by Mr.. Bracket. with 1925 ,0OO.-
Biddiog thsn Continued with spirit between
Messrs. ". G. Oakmsn. Cazanove G.. Lee,
Gee. H. BardweII. T. j. Steers and others,
until MIR. O,kman named $500 900, which was
received With cheers. The bidders then fell of
until only Messrs O.knan aad Lse wsre LETT
10 tho fsld. Gee thousand dollar bids ware
then received until Mr.. L,e o,pDed Mr.. Oak
! mans 1891 900. bid, with bid of 1892 900.
Here MIR. O.kmsu had private consultation
With Mr.. Oliver Ames aud Others at which it
must have been decided to bid DO more, for
Mr.. Oakmsn oould MT BIO rducsd BY The
acc ioneor to shake his bead again. After wait
log I've minutes to give all who desired 10 pur-
chase - opportunity for consultation, there
neing 20 moro bidders. tho Washington and
Oaio Railroad, running from this oily, ttrouz h
the couotios OF Alexandria. Fsirfsx and Lou
dJuo. to Round Hill. 10 the last naasd c1uaty,
dlstsn,s CT 5li miles. iuc,uiirg line CD I.
Meeting With the Washington and Alexandria
Railroad, together with all tho properly. real
snd peraonal, rolling stock, contracts. franchises,
&c., was declared sod to Csz,pov, g. Lac
esq., for the sum nsmcd above, $500. 900
Mslor Greco announced that according to tbs
terms of sale. the purchaser would have to
deposit inmedla!ly with tn, Comm ssionsrs
$4,000.
While waiting for thu payment OF the re-
q1,Eed $4,000, general conversation vas
odulged 10. and maby wsro the irquirers as to
9bo Mr. Lee represented in the PURCHASE of
the road. which WAS kept a profound secret.
ihosa who ~sre supposed TO koow woudn'l
s'y wod. The Commissioners wofo mum.
Some thought the purchaser represented Ssns-
!or Davis, OF West Virgini,; Others the Shenao
d,sh Vslley rsiltosd sud others Northern capi-
tss!s. Mr.. Steer weuld not say who be repre-
sented. DIR. y iVer Ames said Mr.. Oskm,p rs
presented Tho MoDnnh interest," up to $500 coo.
but WHOM b. bid $59l COO be represented Oliver
1pce lGelVtuu3ly. lie arrangement 10r CON-
pyicg with tho terms Ct sals WAS delayed nti
ia'e tits evening, which gava rise to tbs ida
tfss he sale would fill but st hal'-past four
b'ccck Il sale Wss contaminated BY the re-
q1irtd $50 00O beog deposited SUI ccs to tie
order o. the commissioners
Nj. Lee, it is uhdiIs oCd. purchased tie
road for Mr. L X Hay. who Represents The
B'ltinorr, C,IcOoai cnd Wtatsrn R,iroad
c., Mr. Hsyt V;g form,,lc II 8 India,
Coz mi. sionfr. tu, is 1Cw ir...uitr Of The
b G. 4 W. r. K o..
Aha Virgins Miila7d rosd vas sold hb. u!
Two y1.I5 ego on jGst such day ps 10 Cay has
bean.
Tee prite psii for The r,sl vii! give n..,ly
8 ptr C ut CT lhs toa1s