The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-05-24
NOTICE OF SALE
or THE
Louisville EVansTNb&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 7. Burr is COM
planant and the Louisville Evansville q st. Louis
Railway Company and others defendants on orig
inal bill and the Mercantile Trust Company and Noble
vile, Evansville 6 St. Louis Railway Company and
others defendants, crossbin, the undersigned,
William p. 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 2 o'clock D. m. of said day. offer for sale TO the
highest bidder at public auction at the west door of
the County Courth house 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 or near the Ohio river opposite the city of Louis
vile Kentucky. and in the city of New Albany in the
county of Floyd in tbs State of Indiana, and run
ming thence westerly through the counties of Floyd
Harrison, Crawford and Dubois to or near Hunting
burgb, in the county Of Dubois, and thence still
through the county of Dubois. and through 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 or near Fairfield in said county, and thence
4
Vernon, IN the county of jefferson, and State of
Iillnols in all distance of about hundred and
ninety 190 miles which said property is designated
and described the main line of said Louisville,
Evansville & ST. Louis Railway.
And also, that other line of railway, beginning at
Evansville, the Ohio river in the county of
vanderburgh in the State Of Indiana, and running
thence through the county of Vanderburgh to Boon
vile in the county of Warrick Indiana and thence
to Gentryve. 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 Gentryvie, 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 Gentryvlle to Rockport is
known and designated as the Evansville division of
| said Louisville, Evansville & st. Louis railway.
And also all the lands, real estate grants and
company upon which the said railway railways are
situate. or which connected Herewith, which
are necessary useful convenient for the 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
CURED
And also all the bridges depots stationhouses en-.
gine-houses. car-houses, freighthouses car or
chine shops appertaining to the railways above de-
ned at the date last named or at
/ forwards acquired for use in connection
with said railways, together with all locomotives,
engines tenders passenger or freight and all
other rolng-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, mmunties and all
the things in action contracts claims and demands of
/ the said railway companies. owned or afterwards
acquired, In connection with or relating TO
said railways either of them together with all and
singular the tenements and appurenanees thereto be-
longing ano all reversons remainders tolls freights
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 appertaning 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 Sold and the
purchaser will take the same subject so far as the
property described as the Evansville division
is concerned, to mortgage executed by the Ev
ansyille, Rockport Eastern Railway Company
to Henry Refs, trustee securing the payment of
of nine hundred thousand dollars with
six per cent. interest thereon from
January l. 1886, and also subject to the payment
of twentyseven thousand dollars, with six per
cent. interest from January l. 1886, being the
amount of coupons taken up by w. i. Hart, l. L.
Burr, j. H. French, John Godthwaite. w. s. Blanch-
ard J. M. Fetter and A. P. Humphrey, trustees and
subject. SO far the property above designated
the main line of the Louisville, Evansville & St.
and coupons secured by the and deed of trust
executed by the Louisville, New Albany & ST. Louis
Railway Company to the Mercantile Trust Company
and Noble @. Butler trustees the first day of june
1881, as adjudged Ia the decrees 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 or coupons issued under and
cured by TIE mortgage deed of trust by the
Louisville, Evansville & st. Louis Railway Company
to the Mercantile Trust Company and Noble c. Butler
trustees, the frst day of March 1882 at the face
or pro rata value thereof, according
to the amount such property shah
bring provided, that in any event the purchaser
shall, at such time times the court may ORDER
and
such sums are by said DEGREES of said courts,
which may be by subsequent orders in said de-
cared 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 obedi-
ence to the terms of the same DEGREES of the
courts in the cause offer for sale at public
ton to the highest and best bidder the property de-
scribed above except that portion of it which is des
ignated as The Evansville Division, being what is
known as 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 q
St. u Louis Railway Company, TO the Mercan
tile Trust Company, of New York. and Noble c. But
ler trustees the LIST day of June 1881 at the face
pro rata value thereof, according to the amount
such property shall bring provided, that IN amy event
the purchaser purchasers shall at such time
times as the court may order, pay in cash enough
money to satisfy and discharge such sums are by
said decrees may by subsequent orders in said
cause be declared by said courts be payable in cash
out of said purchase before any distribution is
to be made upon such coupons OF bonds.
Before receiving any bid the purchaser at either of
said sales, will be required TO deposit in cash.
certified check satisfactory TO the undersigned an
amount equal TO the cash payments required upder
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
Hrs but n O n