The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-05-25
NOTICE OF SALE
Or THE
Louisville, EVaWV1b&St Louis Railway

cult Court of the United States for the District of
diana and the Southern Disrict of Illinois, in suit
therein pending wherein Isaac Z. Burr Is COM
planant and the Louisville Evansville & st. Louis
Railway Company and others defendants, orig
ina BILL and the Mercantile Trust Company and Noble
G. Butler trustees, complanants and the Louis
vile, Evansville 81 St. Louis Railway Company and
others defendants, cross-b the undersigned,
William p. Fishback and Vrank III. Jones, commission
ers appointed by said courts by said DEGREES will on
WEDNESDAY, THE Orb DAY OF JUNE. A.
D., 1885.
at o'clock D. M of said day. offer for sale the
the County Courthouse in the city of New Albany,
Floyd county State of Indiana, the following railway
property, viz:
Ali that certain line of railway beginning at point
at the Ohio river opposite the city of Louis
VILE Kentucky, and in the city of New Albany IN the
county of FLOYD in the State of Indiana, and run.
ming thence westerly through the counties of Floyd
Harrison. Crawford and Dubois. TO near Hunting
burgh, in the county of Dubois and thence still
| through the county OF Dubois and through the
county of Pike to Oakland Oakland City, in the
county of Gibson. Indiana, and thence still through
the county of Gibson, by the way of Princeton, to
the Wabash river, and thence by bridge over the
Wabash river erected under due authority of law to
Mount Carmel in the county of Wabash, and State
of Illinois, and thence through the counties of
WABASH and or Edwards to ALBION. In the county OF
Edwards. in the State of Illinois. and thence still
westerly through the county of Wayne by passing
through near Fairfield. in said county, and thence
still westerly through the county of Wayne to Mount
Vernon, in the county of jefferson. and State of
Illinois: in all distance of about hundred and
ninety l90 miles, which said property is designated
and described as the main line of said Louisville
Evansville b ST. Louis Railway
And also. that other line of railway, beginning at
Evansville at the Ohio river in the county of
Vanderburgh. in the State of Indiana and running
thence through the county of Vanderburgh to Boon
ville in the county of Warrck Indiana and thence
Gentryvilie in the county of Spencer Indana and
thence via Huntingburgh aforesaid to Jasper, In the
said county of Dubois, Indiana.
And also. running from said Gentryville afore,
county o of spenposr % 9 said line Of ra
way. last above described viz. from Evans
vile to Jasper and from Gentryve to Roekport, is
known and designated the Evansville division of
| said Louisville Evansville s. ST. Louis railway.
And also all the lands real estate. grants ways and
rights OF way licenses and easements of said railway
company upon which the said railway or railways are
situate. or which connected herewith. which
necessary useful convenient for the main
owned by said Louisville Evansville 8 ST. Louis Rail
way Company on March 1, 1882 or thereafter ac-
quired.
And also all the bridges depots station-hou en-.
| ginehouses. carhouses. freighthouses. car ma
chine shops appertainng to the railways above de-
scribed and all kinds of machinery and tools whether
forwards acquired for use in connection
with said railways. together with all locomotives.
engines, tenders. passenger freight and all
other rollingstock and equipments, and all fuel and
material and ell other personal property, whether
then held afterwards acquired for constructing.
repairing or replacing said railways; and also all
franchises, rights. privileges, immunites and all
the things in action contracts claims and demands of
| the said railway comnanies owned or afterwards
! acquired. in connection with relating to
said railways either Of them together with all and
singular the tenements and appurtenanees thereto
longing an0 all reversons. remainders tolls freights
incomes. rents issues and profits thereof, aud also
all the estate right title and interest Whatsoever
well at law as in equity, of the said railway compa-
MES. and in and to the same.
Excepting however, the franchises of the said rail-
way company so owned since acquired by 1t, re-
ating and appertaining to the extension of the rail
way from Mount Vernon from any point upon the
above described main line of railway east from Mount
Vernon to East St. Louis any other point upon the
Mississippi river.
Said property above described will be sod and the
purchaser will take the subject. far the
| property described the Evansville division
is concerned, to mortgage executed by the Ev-
| to Henry Refs trustee securing the payment of
bonds and coupons issued Hereunder to the amount
| of nine hundred thousand dollars with
| six per cent. interest thereon from
January 1, 1886, and also subject to the payment
| of twenty-seven thousand dollars with six per
! cent interest from January l. 1886, being the
Burr j. III. French, John Godthwaite w. s. Blanch-
ard, j. M. Fetter and A. P. Humphrey, trustees and
subject SO far as the property above designated as
Louis railway concerned to the payment of the bonds
and coupons secured by the mortgage and deed of trust
executed by the Louisville. New Albany 8 ST. Louis
Railway Company to the Mercantile Trust Company
and Noble O. Butler trustees the first day of June
1891. as adjudged in the DEGREES of said courts.
VI EDe purchase money Ten thousand dollars Is to
| he paid cash in hand. and the balance within ten
days from the day of SALE within such further time
as the court may allow The balance Of said bid may
be paid in the bonds coupons issued under and se
by mortgage deed OF trust executed by the
Louisville, Evansville & ST. Louis Railway Company
to the Mercantile Trust Company and Noble G. Butler
or pro rata value thereof, according
to the amount such property shall
bring. provided that in any event the purchaser
sha |. at such time times the court may ORDER
pay in cash enough money to satisfy and discharge
such sums as are by said DEGREES of said courts
which may be by subsequent orders in said cause de-
clared payable out of such purchase money, before
any distribution is made upon such coupons or bonds
The undersigned will, also at the same place and
Immediately after making the sale above in obed
to the terms of the DEGREES of the same
courts in the offer for sale at public auc
ton to the highest and best bidder the property de-
ignated as The Evansville Division. being what is
known the Main Line of said Louisville. Evansville
& st. Louis Railway.
shall be paid cash in hand. and the balance within
ten days from the day of SALE within such time
the court may allow. For the balance of said bid
there will be received in payment the bonds and
coupons issued under and secured by the mortgage
executed by the Louisville, New Albany &
8, Louis Railway Company to the Mer can
er trustees the LIST day of june 1881 the face
pro rata value thereof, according to the amount
the purchaser purchasers shall at such time
times as the court may order. pay in cash enough
money to satisfy and discharge such by
said decrees may by subsequent orders in said
be declared by said courts to be payable in cash
out of said purchase money before any distribution is
to be made upon such coupons or bonds.
Before receiving any bid the purchaser. at either of
said sales, will be required TO deposit in cash, or a
certified check. satisfactory the undersigned, an
amount equal TO the cash payments required under
such sales respectively and bid will be received for
said property under said second sale for less than
seven hundred and fifty thousand dollars.
The following rolling stock will be included In the
first sale. but not in the second viz: