The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-03-20
MASTERS SALE
OF THE
Anderson, Lebanon & St. Louis Railroad

By virtue Of certified copy Of decree issued out
of the Circuit Court of the United States for the dis
tric of Indiana directed to the undersigned Master
in Chancery of said Court in certain pending
in said court wherein Augustus Kountze and Hiram
3. Crosby plaintiffs, and The Anderson, Lebanon
81 st. Louis Railroad Company and others defend-
ants, the undersigned, Master in Chaneery of said
Court will offer for sale, at public auction at the
door of the United States Courthouse and Postoice
building. namely the west door OF said building,
Market street. in the city of indianapolis county Of
Marion and State of Indiana, on
TUESDAY, THE TWENTY FIRST J2IsT) DAY OF
APRIL A. D. 1885,
AT 10 o'clock of said day. the following described
premises. to-wit:
ST. Louis Railroad Company. from Anderson in Mad
ison county, by way of Noblesville in Hamilton
county thence to Lebanon, in Boone county, thence
to New Ross, Ladoga and Waveand, in Montgomery
county, thence to Annapolis, in Parke county. and
thence to Montezuma in said county of Parke all of
said counties being in the State of Indiana with the
iron, rails ties sidngs switches turntables and the
entire superstructure it at the date of the
mortgage executed by the said The Anderson Lebanon
q st. Louis Railroad Company to the said Augustus
Kountze and Hiram B. Crosby to-wt OF the FIRST day
OF November A. d. 1878 and as the same has since be.
come and Isl ard also the right Of way of aud for
said railroad arr al real estate held and used in
operating ..eid road with FL tho improvements and
apptenances owned by said railroad company at the
uate of said mortgage since acquired and all roll.
ing stock of every description, and all real and
sonal property the line of said railroad used in
operating the and appurtenant to its operation
and belonging to said company and all rents, issues
and profits income and proceeds of said road in the
operating Of the and Of the property aforesaid
and all the franchises rights titles privileges and
immunities of said railroad company the owner of
said line of railroad including the franchise to be
corporation and all renewals and repacements of any
part, or all of said property by way Of repairs i'm
provements or additions thereto, together also with
all reversons reainders and chooses III 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 will be sold at public auction to the
highest bidder, without relief from valuation or ap
prasement laws and without the right Of redemption
from such sale.
The purchaser at such sale will be required at the
time OF purchase to deposit in cash with the under
signed. to be by him paid into court to be applied in
part payment of the purchase money, sufficient
to pay all liens and claims upon the moftgaged prem
including the expenses of the trust and of the SALE
which shall be at least forty thousand 40 OOOj
dollars, which 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 or
in the outstanding first mortgage bonds and coupons
their ascertained value determined by the proceeds
arising from the sale: but if the value of said bonds
and coupons be Lot then ascertaned they may be de-
posted at par to amount sufficient to equal the u-
paid purchase money until such value be ascertained
When the value of said bonds and coupons has been
determined the balance of the purchase money shall
be paid in bonds and coupons accordingly in cash.
Should the successful bidder at such sale fail or
refuse upon the striking off TO him of such mortgage
premises, property and franchises. to pay to said
lars, such the court shall hereafter direct
TO be paid then the bid and sale so made shall be
void and the said premises property and franchises
will be Immediately reofered for sale, anu sold by
said Master above.
WILLIAM r. FIsHBACK,
Master in Chancery United States Circuit Court, Dis
BAKER. HoRp s HENDaIcKs, Solicitors.