The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-02-26
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
trct 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 are defend
court will offer for SALE at public auction at the door
of the United States Court house and Postofice
Market street in the city Of Indianapolis county Of
'Marion and State of Indiana
TUESDAY, THE TENTH (1OTH) DAY OF MARCH,
A. ID. 1885,
At twelve o'clock, noon, of said day. tbe following
The roadbed of the said The Anderson, Lebanon O.
ST. Louis Railroad Company, from Anderson, in Mad
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 Montezua in said county of Parke (al of
said counties being IN the State of Indiana) with the
iron, rails ties sidngs switches turn tables and the
mortgage executed by the said The Anderson Lebanon
Kountze and 2. Crosby. wit: on the first day
come and now Ad also the right of way Of and for
said railroad, all real estate held and used in
operating saia road, with ali the improvements ed
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-
sona property on the line OF said railroad, used in
operating the same 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
inmunities of said railroad company the OF
said line OF railroad including the franchise to be
corporation. and all renewals and replaceents OF
part all of said property by way of repairs, I'M
provements additions thereto together, also. with
a reversions reanders and chooses 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 win be sold at public auction to the
highest bidder, without relief from valuation APP
prase1nent laws and without the right of redemption
The purchaserat 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 oney, Sufficient
to pay all liens and claims upon the mortgaged prem
Uses, which prior to the lien of said mortgage IN
cluding the expenses Of the trust and of the sale
which shall be at least forty thousand 40 O0O)
dollars, which amount may 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 pay
the balance of the purchase money either in cash or
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 at par to
amount sufficient TO equal the unpaid purchase money
until such value be ascertained. When the value Of
sed bonds aad coupons has been determined the bal
ance of the purchase money shall be paid in bonds
Shodd 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 40 000) dol
lars such sum this court shall hereafter direct
to be paid, then the bid and sale so made shall be
void and the said premises, property and franchises
WILLIAM P FIsHBAcK,
Master in Chaneery,
United States Circuit Court, District of Indiana
Baker Hord d Hendricks, Solicitors