The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-02-19
MASTERS SALE
- OF THE
Anderson, Lebanon & St. Louis Railroad
OF THE

By virtue of a certified copy of decree issued out
Of the Circuit Court of the United States for the dis
trict of Indiana directed to the undersigned Master
in Chancery of said Court, in certain pending
IN said court, wherein Augustus Kountze and Hiram
B. Crosby plaintiffs and The Anderson, Lebanon d
st. Louis Railroad Company and others are defend
ants. the undersigned Master in Chancery of said
court will offer for SALE at public auction at the door
of the United States Courthouse and Postoffce
building, namely, the west door of said building ON
Market street in the city of Indianapolis county of
Marion and State of Indiana, on
TUESDAY, THE TENTH t10TH) DAY OF MARCH,
A. d. 1885.
At twelve o'clock, noon, of said day. the following
described premises, to-wit:
The roadbed of the said The Anderson, Lebanon &
St. Louis Railroad Company, from Anderson in Mad.
ison county by way of Noblesville, in Hamilton
county, thence to Lebanon. in Boone county, thence
20 New Ross, Ladoga and Waveland in Montgomery
county, thence to Annapolis, in Parke county and
thence TO Montezuma in said county OF Parke tall OF
said counties being in the State of Indana with the
iron, rails ties, sdings, switches turntables, and the
entire superstructure it at the date of the
mortgage executed by the said The Anderson Lebanon
& st. Louis Railroad Company to the said Augustus
Kountze and Hiram B. Crosby, to-wt on the first day
of November A ID. 1870 andas the same has since be-
and Isl and also the right of way of and for
said railroad, and all real estate held and used in
operating said road with all the improvements and
appurenances owned by said railroad company at the
date of said mortgage since acquired, and all roll
ing stock of every description, and all real and per-
sona property the line of said railroad, used in
operating the same and appurtenant to its operation
and belonging to said company, and all rents, issues
operating of the and of the property aforesaid,
and all the franchises rights titles privileges and
immunites of said railroad company the OF
said line of railroad, including the franchise to be
corporation, and all renewals and requirements OF any
part or all of said property by way of repairs inn
provements additions thereto, together, also with
all reversions remanders and choses in action of said
railroad company comprising the entire personal and
real property of said railroad company Of every kind
and description whatever owned by said company at
the date of said mortgage, thereafter acquired
and owned by said company.
Said property viii be sold at public auction to the
highest bidder, without relief from valuation APP
prasement laws and without the right of redemption
from such sale
The purchaser at such sale viii be required at the
time of purchase to deposit in cash with the under
signed to be by him paid into court to he applied in
part payment of the purchase oney, sufficient
TO pay all liens and claims upon the mortgaged prem
ises which are prior to the lien of said mortgage in
GLIDING the expenses of the trust and of the sale,
which shall be at least forty thousand DO 000)
dollars which amount may if necessary, hereafter be
increased by the court
The purchaser at such sale will also be required
within sixty days from the date of such sale to pay
the balance of the purchase money either in cash
in the outstanding first mortgage bonds
mined by the proceeds arising from the sale;
but if the value of said bonds aud coupons be not
then ascertained, they may be deposited par to ali
amount sufficient to equal the unpaid purchase money
until such value be ascertained. When the value of
said bonds and coupons has been determined the bal
of the purchase money shall be paid in bonds
aud coupons accordingly, or in cash.
Should the successful bidder at such sale fail
refuse upon the striking off to him of sucn mortgage
premises, property and franchises, to pay to said
Master the said sum of forty thousand 40 O00) dol
lars such sum the court shall hereafter direct
to be paid then the bid and sale SO made shall be-
void and the said premises, property aud franchises
will be Immediately re-oered for sale, and sold by
said Master above.
WILLIAM P FISHBACK.
Master in Chancery.
United States Circuit Court District of Indiana
Baker, Hord q Hendricks, Solicitors.