The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-12
NOTICE OF SALE
OF THE
Indianapolis, Peru & Chicago Railway,
AND THE
Michigan City 6 indianapolis Railroad.

BY virtue of a certified copy of the decree of the
Circuit Court of the United States for the District of
Indiana in a suit therein pending in which the Cen
trail Trust Company of New York and others plain
tiffs and the " abash. st. Louis 81 Pacific Railway
Company and others are defendants, and In which
suit upon a cross bill filed by Wager Swayne, trustee
against The Indianapolis, Peru & Chicago Railway
Com pany ard others. decree of foreclosure was en-
signed, William P. Fishback, Master in Chancery,
will,
SATURDAY, THE 18TH DAY OF NOVEMBER
A. d., 1886.
at one o'clock D. M of said day. offer for sale at public
auction to the highest bidder at the door of the United
states Court house the city OF Indianapolis. State
of Indiana the following railway property, to-w1t:
An and singular the railroad of the said The Indian
apolis Peru & Chicago Railway Company extending
from the city of Indianapolis in the State of Indiana
in the county of Marion. through the eoun-
ties of Hamilton, Upton and Howard, TO the
and singular the right of way and land OF or
pertaining to the said railroad, including the land
under and on each side of the track to the whole
width and extent that the said Indianapolis. Peru q
Chicago Railway Company is seized or possessed OF
the same, together with the superstructuPe tracks
and rails thereon, and all depots depot grounds
turnouts, switches gravel pits bridges vaducts cul
verts fences water and passenger stations, mach
shops machinery locomotives cars and other rolling
stock and all other equipments fixtures and property
of pertaining to the said railroad and also all the
tolls, rents and income to be had levied from said
railroad and all franchises powers rights privileges
and railway property of the said Indianapolis Peru
81 Chicago Railway Company acquired or to be &C.
CURED and each and every part thereof with the APP
purtenances being the property described in certain
trust deed mortgage executed by the Indianapolis
Peru & Chicago Ra lway Company to Abram W.
Hendricks and Wager Swayne, trustees on the nrst
day of june 1881, including the property and facll
ties then thereafter owned and provided to be used
in the operation of said railway, and all supplies and
other things provided or purchased by the said wager
Swayne trustee while in possession OF the same to be
used in the repair, management construction or re-
Sfp rn&io afinO of said
parts thereof otherwise, together with
all the corporate rights privileges and fran
chises of the said The Indianapolis, Peru y Chicago
Railway Company. belonging and appertalnng TO the
said line of railway and property.
All of said property will be sold entirety with
out any relief from valuation appraisement laws,
diana touching the rights OF redemption from mort
gage sales.
Provided however that said sale of said property
above described shall be made subject to prior out
standing lien by mortgage for the of 500. 900.
evidenced by bonds numbered from 1 to 275, inclu-
sve with the unpaid interest thereon at the rate OF
per cent per annum evidenced by coupons payable
semi-annually the LIST days of January and July,
making in the aggregate So Ia4 past-due
coupons being pad) being the unpaid balance of a
mortgage executed by the said Indianapolis. Peru q
Chicago Railway Company, on the 18th day OF June
1871 to Clifford A Hand. of New York, payable on
the balance of said bonds, 725 in number having been
cancelled the purchaser taking said property subject
to said prior lien.
of $4,000 to be made by each and every bidder on
the said railroad property above described. VIZ
bidder or bidders which deposit of the successful bid
der shall be absolutely forfeited to the of the trust
in the hands of the said crosscomplainant, Wager
Swayne trustee if the bidder to whom the said rail.
way and property shall be struck off shall fail to pay
comply with said purchase in accordance with the
terms of said SALE the orders and DEGREES of the
said ircut Court of the United States in that behalf
and no bid will be received or cried for said railroad
property above described for sum less than
At the same place, and on the same day immediate
~ after making the sale of the SAID Peru
& Chicago Railway Company, aforesaid, the under
signed by virtue of the Decree entered in the
cause, will offer for sale to the highest bidder
public auction, the following railway property, viz:
All and singular, the railroad of the Michigan City
- indianapolis Railroad Company. extending from
Michigan City to LaPorte, Ind. distance of about
thirteen miles, and all and singular the road-bed.
"ight of way and land Of pertaining to said rail
road including the land under and each side of the
track to the whole width and extent that the said
Michigan City & indianapolis Railroad Company is
seized or possessed of the same, together with the
supestructure tracks and rails thereon, and all de-
pots ana depot grounds, turnouts switches,
gravel pits. bridges vaducts, culverts fences water
and passenger stations, machine shops machinery To-
comotves cars and other rolling stock and all other
the equipments, fixtures and property of pertain
IMP u, the said railroad and also all the tolls rents and
income to be had or ieved from the said railroad and
all franchises, powers rights, p-:eges and railway
Railroad Company acquired or to be acquired and
each and every part thereof with the appurtenances
being the property described ia certain trust deed
mortgage, executed by the Michigan City & Indianap-
oils Railroad Company to Abrarn w. Hendricks and
Wager Swayne, trustees on the first day of June,
1881, including the property and facilities then or
thereafter owned and provided to be used in the opera
ton of said railroad and all supplies and other things
provided or purchased by the said Wager Swayne,
trustee while in the possession of the same to be
used in the repair management, construction or re-
construction operation of said railroad, any
parts thereof other wise, together with all the
porate rights privileges franchises of the said The
Michigan City s. indianapolis Railroad Company be-
longing and appertanng to the said line of railroad
and property including the docks of said railroad
company at Michigan City. Ind.
Said property will be sold entirety, without re-
lief from valuation apprasement laws and without
reference laws of the State of Indiana touching
the rights of redemption from mortgage sales.
At said sale the undersigned will require deposit
of $40 900 To be made by each and every bidder on
the railway property last above described. viz: The
Michigan City & indianapolis Railroad before receiv-
ing any bid from any such bidder which deposit of
the successful bidder shall be absolutely forfeited
the of the trust in the hands of the said
complainant, Wager Swayne trustee If the bidder to
whom the said railway and property shall be struck
off shall fail pay comply with said purchase in
accordance with the terms of said sale and the orders
and DEGREES of the said United States Circuit Court in
that behalf.
The undersigned will not receive or cry any bid for
said railway property last above described for
less than $4,000
WILLIA1hP. FTSHBACK
Master il. Chancery,
Swayne Swayne 81 Hayes,
How H- an1fn