The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-05-31
NOTICE OF SALE
-OF THE
Louisville, HVaISViB&St. Louis Railway

BY virtue of certified copies of DEGREES of the Cir
cult Court of the United States for the District of In
diana and the Southern District of Illinois, in suit
therein pending, wherein Isaac II. Burr is
plainant and the Louisville, Evansville 81 st. Louis
Railway Company and others defendants orig
na bill. and the Mercantile Trust Company and Noble
G. Butler, trustees complainants and the Louis
vile, Evansville e. ST. Louis Railway Company and
others are defendants crossbill the undersigned
William T. Fishback and Frank H. JONES' commission
ers appointed by said courts by said DEGREES will
WEDNESDAY, THE 9TH DAY OF JUNE. A.
D., 1886
at o'clock o. m. of said day. offer for sale to the
highest bidder at public auction at the west door OF
the County Courthouse IN the city of New Albany
Floyd county State of Indiana the following railway
property, viz:
An that certain line of railway beginning at point
at or near the Ohio river opposite the city of Louis
vile, Kentucky, and in the city of New Albany Ill the
ming thence westerly through the counties of Floyd
Harrison. Crawford and Dubois, to 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 of 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 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 one hundred and
ninety 19Ol miles, which said property is designated
and described as the main line of said Louisville
Evansville & ST. Louis Railway.
And ALSO that other line of railway, beginning at
Evansville, theO Ohio river in the county of
Vanderburgh. in the State of Indiana, and running
thence through the county of Vsnderburgh to Boom
ville in the county of Warriek Indiana. and thence
to Countrywide in the county of Spencer Indiana and
thence via Huntngburgh aforesaid to Jasper In the
SAID county of Dubois, Indiana.
And also. running from said Gentryville, afore-
said, to Rockport upon the Ohio river, in said
county of Spencer, Indana-whch said line of rail-
way. last above described, viz: from Evans
vile to Jasper and from Gentryville to Rockport is
known and designated as 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 railways are
situate, which connected herewith or which
necessary, useful convenient for the main
tenance and operation OF the said railways whether
owned by said Louisville Evansville 81 ST. Louis Rail-
way Company on March L. 1882, thereafter ac-
CURED
And also all the bridges depots, stationhouse
gine-houses car-houses freigh t.houses car
chine shops npPsrdsinsng to the railways above de-
held at the date last named or at
forwards acquired for use in connection
with said railways together with all locomotives,
engines tenders. passenger freight aud all
other rong-stock and equipments and all fuel and
material, and all other personal property whether
then held afterwards acquired, for constructing.
franchises rights, privileges, mmunities and all
the things in action contracts claims and demands of
the SAID railway eomeanlsS STnsd or afterwards
said railways either Of them, together with all and
singular the tenements and appurtenances thereto be-
longing ano all reversions remainders tolls freghts
incomes rents issues and profits thereof and 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 or since acquired by it, re-
lating and appertainng to the extension of the rail
way from Mount Vernon or 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 describedw will be sold and the
purchaser will take the subject. far as the
property described the Evansville division
ansviile, Rockport & Eastern Railway Company
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 /. 1885, and also subject to the payment
of twenty-seven thousand dollars, with six per
cent. interest from January 1. 1886, being the
amount of coupons taken up by W. T. Hart I. T.
Burr, j. I'll. French John Goldthwaite. W. s. Blanch-
ard j. nj. Fetter and A. P. Humphrey, trustees, and
the main line of the Louisville, Evansville g. st.
Louis railway concerned to the payment of the bonds
and secured by the mortgage and deed OF trust
executed by the Louisville New Albany ST. Louis
Railway Company to the Mercantile Trust Company
and Noble c. Butler trustees ON the first day of June
1881, as adjudged in the DEGREES of said courts.
Of the purchase money, ten thousand dollars is to
be 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
cured by TIE mortgage deed OF trust executed by the
Louisville Evansville q st. Louis Railway Company
to the Mercantile Trust Company and Noble G. Butler
trustees the first day of March, 1882, at the face
or pro rata value thereof. according
bring, provided that in any event the purchaser
shall at such time times the court may order,
pay in cash enough money to satisfy and discharge
such by said DEGREES of said courts, or
which may be by subsequent orders in said de-
clared payable out of such purchase money, before
any distribution is made upon such coupons bonds
The undersigned will, also, at the same pla and
immediately after making the sale above in obedi-
ence to the terms of the DEGREES of the
courts In TIE offer for sale at public
tion to the highest and best bidder the property de-
scribed abov except that portion of it which is des
ignated The Evansville Division, being what is
known the Main Line of said Louisville Evansville
q st. Louis Railway,
OF the purchase money, twenty thousand dollars
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 s.
tile Trust Company of New York. and Noble ' But
ler trustees the 1st day of june 1881 at the face
pro rata value thereof, according to the amount
such property shall bring provided that in any event
the purchaser purchasers shall at such time or
times the court may order, pay in cash enough
money to satisfy and discharge such sums as are by
said decrees or as may by subsequent orders in said
cause 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 bonds.
said sales, viii be required to deposit in cash or
certified check, satisfactory the undersigned an
amount equal to the cash payments required under
said property under said second sale fer less than
seven hundred and fifty Thousand dollars