The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-02-05
MASTERS SALE
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
rict 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 81
st. Louis Railroad Company and others defend
ants the undersigned Master in Chancery of said
court viii offer for SALE at public auction, at the door
of the United States Courthouse and Postoffce
Market street in the city of Indianapolis county of
Marion and State of Indiana, on
TUESDAY, THE TENTH (1OTH) 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 g.
St Louis Railroad Company, from Anderson, in Mad
son county, by way of EoblesvilEe, 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
said counties being in the State of fndana) with the
iron, rails ties sidngs switches, urntables and the
entire superstructure as 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, towit: the first day
of November A. D. 1875, andas the 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
appurtenances owned by said railroad company at the
date OF said mortgage or 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 same and appurtenant to its operation
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
mmunities of said railroad company the owner of
said line of railroad. including the franchise to be
corporation and all and requirements of any
part or all OF said property by way of repairs, i'm
provements additions thereto, together also with
all reversons remainders and chooses in action of said
railroad company comprising the entire personal and
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 APP
Praisement laws and without the right of redemption
from such sale.
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 oney, sum 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 40, OOO)
dollars which amount may, it necessary. hereafter be
increased by the court.
The purchaser at such sale will also be required,
the balance Of the purchase money either in cash or
in the outstanding first mortgage bonds
and coupons at their. ascertained value, deter
mined by the proceeds arising from the sale:
but if tie value of said bonds aud coupons be not
then ascertained they may be deposited par to an
amount sufficient TO equal the unpaid purchase money
until such value be ascertaiued. When the value of
said bonds and coupons has been determined the bal
ance of the purchase money shall be paid in bonds
aud coupons accordingly or 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
Master the said sum of forty thousand (4OOOO) dol
lars such the court shall hereafter direct
to be paid, then the bid and sale made shall be
void and the said premises property aud franchises
will be Immediately re-cfered for sale, and sold by.
said Master as above.
WILLIAM P FISHBACK
Master in Chancery,
United States Circuit Court, District of Indiana.
Baker Herd 81 Hendricks, Solicitors.