The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-02-12
MASTERS SALE
or THE
Anderson, Lebanon G St Louis Railroad

By virtue OF q 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
in Chaneery OF said Court, IN a certain causu pending
in said court, wherein Augustus Kountze and Hiram
b. Crosby are plaintiffs, and The Anderson, Lebanon g.
st. Louis Railroad Company and others are defend
ants, the undersigned Master in Chancery of said
court will offer for sale, at public auction, at the door
of the United States Courthouse and Possof6ce
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 TENTH 1oTAl DAY OF MARCH,
A. ID. 1855,
At twelve o'clock, noon, of said day. the following
The roadbed of the said The Anderson, Lebanon &
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 Montezuma, in said county of Parke (aH of
said counties being In the State of Indianai, with the
iron. rails, ties, sidings, switches, turntables, and the
entire superstructure as it was at the date OF the
81 st. Louis Railroad Company to the said Augustus
Kountze and Hiram 3. Crosby, toSwit: 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
appurtenanees 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 the
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
corporation, and all renewals and REFRESHMENTS 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 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, or thereafter acquired
and ouuAd bv said eornnanv
Said property win 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 purchasersat' 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 m oney, a sum sufficient
to pay all liens and claims upon the mortgaged prem
Uses, which are prior to the lien of said mortgage, in
GLIDING the expenses of the trust and of the sale.
which sum shall be at least forty thousand l4O, 00O)
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, deter.
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 an
amount sufficient toequal the unpaid purchase money
until such value be ascertained. 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 OF to him of such mortgage
premises, property and franchises, 70 pay to, SAID
Master the said sum of forty thousand (40 600 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 repoffered For sale, and sold. by
WILLIAM F. FISHBACK.
Master in Chancery,
United States Circuit Court, District Of Indiana
Baker, Hord q Hendricks, Solicitors.