The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-06-01
NOTICE OF SALE
or THE
Louisville, EVaISVNe&G Louis Railway


BY virtue of certified copies of DEGREES of the Cir
cult Court of the United States for the District of
diana and the Southern District Of Illinois, in sui
therein pending, wherein Isaac L. Burr is com
planant and the Louisville, Evansville 81 st. Ilouis
Railway Company and others defendants, orig
inal bill. and the Mercantile Trust Company and Noble
O. Butler trustees, compliments. and the Louis
vile, Evansville g. ST. Louis Railway Company
others are defendants on cross-bi the undersigned
William p. Fishback and Frank II. Jones. commission
appointed by said courts by said DEGREES will on
WEDNESDAY, THE 9TH DAY OF JUNE. A
D., 1886.
at o'clock D. m, of said day. offer for sale sht
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:
All that certain line of railway beginning at point
at the Ohio river opposite the city of Louis
county of Floyd, in the State of Indiana, and run
ming thence westerly through the counties of Floyd
Harrison, Crawford and Dubois, to or 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, tc
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 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 one hundred and
ninety 19O) 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 al
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
to Gentryvile in the county of Spencer Indiana; and
thence via Huntingburgh 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 Indiana-which said line of rail
way. last above described, viz: from Evans
vile to Jasper and from Gentryve to Rockport is
known and designated the Evansville division OF
said Louisville Evansville & St. Louis railway.
And also ali 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 use, main
tenance and operation of the said railways whether
owned by said Louisville. Evansville & ST. Louis Rail
way Company on March 1. 1882, or thereafter ac-
CURED
And also all the bridges depots station-houses. en-
gine-houses, ar-houses, freighthouses, OF ma
chine shops appertaining 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 or freight CARS aud all
other rollng-stock and equipments and all fuel and
material, and all other personal property, whether
then held afterwards acquired for constructing,
repairing replacing said railways; and also all
franchises rights privileges, immunites, and all
the things in action contracts claims and demands of
the said railway comnauies. owned afterwards
acquired. in connection with or relating to
said railways either of them together with all and
singular the tenements and appurtenances thereto be.
longing ano all reversions. renainders tolls freights
incomes rents issues and profits thereof, and also
all the estate right, title and interest whatsoever
we'll at law 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-
latng and appertaining 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
to East St. Louis or any other point upon the
Mississippi river.
Said property above described will be sold and the
purchaser will take the subject, so far as the
property described the Evansville division
is concerned, to mortgage executed by the Ev-
ansve, Rockport g. Eastern Railway Company
to Henry Refs. trustee, securing the payment of
of nine hundred thousand dollars, with
six per cent. interest thereon from
January 1, 1885, and also subject to the payment
of twenty-seven thousand dollars, with six per
cent. interest from January /, 1886, being the
| amount of coupons taken up by w. T. Hart 1. T.
Burr, j. H. French, John Goldthwaite. w. s. Banch
ard, j. M Fetter and A P. Humphrey trustees, and
subject SO far as the property above designated as
the main line of the Louisville, Evansville & St.
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 st. Louis
Railway Company to the Mercantile Trust Company
and Noble c. Butler trustees the first day of June,
1881, as adiudged 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
the court may allow. The balance of said bid may
be paid in the bonds coupons issued under and Sc
cured by the mortgage deed OF trust executed by the
Louisville Evansville & ST. Louis Railway Company
fo he anti md O. INIT
trustees the FIRST day of March, 1882, at the face
or pro rata value thereof according
t neovdsa sba in sneh event
shall 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 place and
Immediately after making the sale above in obed
to the terms of the same DEGREES of the same
courts in the cause offer for sale at public
ton to the highest and best bidder the property de-
scrbed above except that portion of it which is des
ignated The Evansville Division. being what il
known the Main Line of said Louisville Evansville
e. St. Louis Railway s.sf,
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 &
ST. Louis Railway Company. to the Mercan
tile Trust Company, of New York and Noble G. 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 any event
the purchaser purchasers shall at such time OF
times as the court may order, pay in cash enough
money to satisfy and discharge such sums as are by
said DEGREES. may by subsequent orders in said
cause be declared by said courts to be payable in cash
out OF said purchaseraoney before any distribution is
to be made upon such coupons or bonds.
Before receiving any bid the purchaser at either
said sales will be required 60 deposit in cash,
certified check, satisfactory 70 the undersigned, an
amount equal to the cash payments required under
such sales respectively and bid will be received fol
said property under said second sale for less thar
seven hundred and fifty thousand dollars.
The following rolling stock will be included in the
first sale. but not Ia the second viz