The Portland daily press., 1885-04-20
FOR SALE.
Montreal, Portland and Boston
Railroad of Canada.

FEtHE following property is offered for sale The
IL interest of the Vermont National Bank of So.
Albans in and to the Montreal, Portland and Bos-
ton Railroad and its appurtenances located in Can
ada. running from st. Lambert opposite the CITY
of Montreal, south-easterly to West Farnham about
thirtytwo miles. and from that point southerly to
Vermont State ]ine about twenty-five miles; also
two branches eggregating about thirteen miles
making about seventy miles in all; also 53S first
mortgage bonds of said Railroad Company of 1000
each, out of a total issue of 901 bonds of $1,000
each also all said Banks interest in 16o other of
the first mortgage bonds Of $1,000 each of said Rail-
road Company, the same having been pledged to
other parties for the of about $88 OGO also 100
second mortgage bonds of said Railroad Company of
$1,000 each and being the entire issue of Second
mortgage bonds; also 1924 shares of the Capital
Stock issued by said Railroad Company of the par
value of $10o EACH the entire Capital Stock issued
by said Company being 10, 1893 shares; also iudg-
ment in favor of the Hochelaga Bank of Canada Of
about $4,000 and accrued interest against said
Montreal, Portland and Boston Railroad Company
now owned by said Vermont National Bank, and
wholly unsatisfed. The 80 miles of said Road from
st. Lambert to West Farnham form connection
on direct route from Montreal to Boston, and is a
portion of what is known as the "Air Line between
those Cities and is at present used by the Canada
Pacific K. 4. Company. as its Eastern outlet.
The whole Road of about 20 miles is well worth
$0OO,OO0; the 80 miles is laid with steel rails is
In excellent condition, and the depots and other
appurtenauces belonging to the Road are firstclass
The undersigned receiver of said Vermont Nation
al Bank, has up to this time been kept out of pos
session OF the road by legal proceedings in Canada
which have been altogether based on technicalities
The cases are now pending; soon as decision on
the merits is arrived at, the controlling interest
now in the receivers hands, and hereby offered for
sale. must obtain the road and property.
Full particulars may be obtained by applying to
the receiver of Vermont National Bank, st. Al
bans. Vermont.
The Property, Bonds, Stocks and Judgment afore-
said will be sold together, and for the same sealed
bids are asked for and will be received by the un-
dersigned at st. Albans Vermont up to the 9Th dav
of May, 1885, on which day ths same will be op-
ened, examined and the sale determined. Bids
should be explicit in terms and amount and the
undersigned reserves the right to reject any and ali
bids that may be made.
Bidders are required to give bond or deposit
certified check for 10 per cent of their BID az
voucher for their responsibility the same to be re-
turned if the bid is not accepted.
Bids with bond or check should be sealed and an
closed in another envelope and directed to the m
dersigned at st. Albans, Vermont.
This sale is made under an order of the TJnited
States Circuit Court for the district of Vermont
GEORGE W. HENDEE
Receiver Vermont National Bank of St. Albans
st. Albans, Feb. 26th 1885.
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