The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-04-17
MASTERS SALE
- OF THE -
Anderson, Lebanon & St Louis Railroad

BY virtue of a certified copy of a decree issued out
of the Circuit Court of the United States. for the dis
trict of Indiana, directed to the undersigned, Master
i'll Chancery of said Court: in a certain cause pending
in said court, wherein Augustus Kountze and Hiram
Il. Crosby are plaintiffs, and The Anderson, Lebanon
IL st. Louis Railroad Company and others are defend
ants, the undersigned, Master in Chansery of said
Court, will offer for sale, at public auction. at the
door of the United States Courthouse and Postofice
building, namely. the west door of said building, on
Market street, in the city of Indianapolis, county of
Marion and State of Indiana, on
TUESDAY, THE TWENTY-FIRST (21sT) A OF
APRIL, A. d. 1885,
At 10 o'clock a. m. of said day, the following described
premises, tO-Wit:
The roadbed 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 Tall of
said counties being In the State of Indiana,, with the
iron, rails, ties, sidings, switches, turntables, and the
entire superstructure as it was 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-wit; ON the first day
of November, A. d. 1875. and as the same has since be-
come and now 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, or since acquired, and all roll
ing stock of every description, and all real and per-
sonal property on the line of said railroad used in
operating the same. and appurtenant to it's operation
and belonging to said company, and all rents, issues
and profits, income and proceeds OF said road IN thu
operating of the same and of the property aforesaid,
and all the franchises, rights, titles, privileges and
immunities Of said railroad company. as the owner OF
said line of railroad, including the franchise to be a
orporatio n. and all renewals and requirements OF any
part, or all of said property by way OF repairs, I'M
provements or additions thereto, together, also, with
all reversions, remainders and chooses In action of said
railroad com pany. comprising the entire personal and
real property of said railroad company, of every kind
and description whatever, owned by said company at
tha date of said m0rtoaOa or fhnrpAftar acnuirad 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.
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, a sum sufficient
to pay all liens and claims upon the mortgaged prem
Uses, which are prior to the lien of said mortgage.
including the expenses of the trust and of the sale,
which sum shall be at least forty thousand t4O,OOO)
dollars, which amount 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
at their ascertained value, determined by the proceeds
arising from the sale; but it the value OF said bonds
and coupons be not then ascertained, they may be de-
posted at par to an amount sufficient to equal the un-
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, 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 (4O 600 dol
lars, or such sum as 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 re-offered for sale, and sold by
WILLIAM P. FIsHBACK.
Master in Chancery. United States Circuit Court, Dis
BAKER, HoRD & HENDRICKS, Solicitors.