The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-05-10
NOTICE OF SALE
Or THE
Louisville, EVanSYIh&St L0uSRai way


therein pending wherein Isaac L. Burr is COM
planant and the Louisville Evansville & st. Louis
Railway Company and others defendants, orig
inal bill, and the Mercantile Trust Company and Noble
u BUTLER trustees, compliments, and the Louis
vile, Evansville a. st. Louis Railway Company and
others defendants on crossbill the undersigned
William P. Fishbaek and frank II. Jones' commission
ers appointed by said courts by said DEGREES will, on
WEDNESDAY, THE 9rH DAY OF JUNE. A.
D., 1886
at o'clock D. 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:
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 the State OF Indiana, and
ming thence westerly through the counties of Floyd
Harrison, Crawford and Dubois, to Hunting.
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 a 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 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 haudred and
ninety l90 miles, which said property is designated
and described the main line of said Louisville
Evansville 81 st. Louis Railway
And also, that other line of railway beginning at
Evansville at the Ohio river in the county of
| Nanderburgh in the State of Indiana and running
vile in the county of Warrck, Indiana and thence
to Gentryvile in the county of Spencer Indians 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
daser had viz from VANS
vile to Jasper and from Gentryvle 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, ways and
rights OF way licenses and easements of said railway
company upon which the said railway railways are
situate, which are connected Herewith or which
are 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 l. 1882 or thereafter ae-
| CURED.
And also all the bridges depots staton-hou en-
ginehouses, car-houses, freighthouses, ma
chine shops appertaning to the railways above de-
scribed and all kinds of machinery and tools whether
held at the date last named af-
| forwards acquired for use in connection
engines, tenders, passenger freight and all
other rolling stock and equipments and all fuel and
material and all other personal property, whether
then hold afterwards acquired for constructing
repairing replacing said railways; and also all
franchises, rights. privileges iminunities, and all
the things in action contracts claims and demands of
| the said railway comnanes, owned afterwards
acquired, in connection with or relating to
said railways either of them together with all and
singular the teneents 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
we'll at law as in equity of the said railway compa-
! MES, and in and to the same
Excepting, however, the franchises Of the ssid rail
way company owned or since acquired by it, re-
ating and apperainng 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
fO
| Mississippi river
Said property above described will be Sold and the
purchaser viii take the same subject SO far as the
| property described as the Evansville division
| is concerned, to a mortgage executed by the Ev-
ansyille. Rockport & Eastern Railway Company
bonds and coupons issued Hereunder to the amount
Of nine hundred thousand dollars, with
! six per cent. interest thereon from
January /, 1886, and also subject to the payment
| of twenty thousand dollars, with six per
cent interest from January l, 1886 being the
amount OF Of coupons taken up by W. r Hart. T.
Burr j. II. French, John Goldthwaite w. S. Blanch-
ard, j. M. Fetter and A. ?. Humphrey, trustees and
subject so far as the property above designated
| the main line of the Louisville Evansville & ST.
Louis railway is 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 adjudgsd 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 NAV
be paid In the bonds coupons issued under and Sc
cured by tie mortgage deed of trust executed By the
Louisville Evansville & st. Louis Railway Company
to the Mercantile Trust Company and Noble c. Butler
trustees, the first day of March 1882 at the face
or pro rata value thereof, according
| to the amount such property shall
bring, provided, that in any event the purchaser
shall, at such time times the court may order
nav in cash enough money to satisfy and discharge
| such sums by said DEGREES of said courts or
which NAY 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 tho same place and
Immediately after making the sale above, in oled
ence to the terms of the DEGREES of the same
ton to the highest and best bidder the property de-
scrbed above except that portion of II which is des
ignated The Evansville Division, being what is
known the Main Line of said Louisville Evansville
e. 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 as
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 Merean-
tile Trust Company, of New York and Noble G. But.
Ter trustees the LIST day of June 1881 at the face
or pro rata value thereof according to the amount
such property shall bring; provided that In any event
times as the court may order, pay in cash enough
money to satisfy and discharge such sums as are by
said DEGREES or as may by subsequent orders in said
cause be declared by said courts to be payable cash
out of said purchase before any distribution is
to be made upon such coupons bonds.
Before receiving bid the purchaser at either of
said sales, viii be required to deposit i'll cash or
certified check, satisfactory to 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, bat not in the second, viz: