The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-04-03
MASTERS SALE
or THE -
Anderson, Lebanon { St Louis Railroad
- OF THE :

BY virtue Of certified copy of decree issued out
of the Circuit Court of the United States foY 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
& st. Louis Railroad Company and others are deAnd-
ants, the undersigned, Master in Chaneery of said
Court, will offer for sale, at public auction. at the
door of the United States Courthouse aud Postoicx
Market street. in the city Of Indianapolis county Of
Marion and State of Indiana,
TUESDAY, THE TWENTY-FIRsT t21sT) DAY OF
APRIL, A. d. 1885,
At 10 o'clock of said day the following described
premises, to-wt:
The roadbei 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
to New Ross, Ladoga and Waveland, in Montgomery
county, thence to Annapolis. in Parke county and
thence to Montezuma, in said county of Parke ta Of
said counties being in the State of Indiana with the
rcn rails ties, sidings, switches turntables and the
entire superstructure as 1t was 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-it: on the first day
of November A. D. 1875 and as the same has since be-
and is; 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
appurtenances 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
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 aud
mmunities of said railroad company the owner OF
said line of railroad, including the franchise to be
corporation and all renewals and requirements Of any
part all of said property by way of repairs, ina
provements or additions thereto, together ALSO with
all reversions remainders and chooses in action of said
railroad pany. 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 win 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 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 mortgaged prem
tb are e1of 20 fn the en o. Saa
which shall be at least forty thousand 4O O0OS
dollars which amount may, if necessary, hereafter b.
increased by the court.
The purchaser at such sale will also be required
within sixty days frsm the date of such SALE to pay
the balance of the purchase money either in cash
in the outstanding first mortgage bonds and coupons
their ascertaned value determined by the proceeds
arising from the sale; but if the value of said bonds
and coupons be not then ascertained they may be do
posted at par to an amount sufficient to equal the
paid purchase money until such value be ascertaned.
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 che 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
Master the said sum of forty thousand 40 0OO) dol
lars, such the court shall hereafter direct
to be paid then the bid and sale so made shall DO
void and the said premises property and franchises
will be Immediately re.offered for sale and sold By
1-' $3.50. - 80 WILLIAM P. FIsHBACK,
Master in Chancery United States Circuit Court. Dis
BAKER HoRD & HENDRICKS. Solicitors.