The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-08
nj A S L e RS S AL T.
CERTAIN PARTS
Lake Erie & Western Railway.

Notice is hereby given that by virtue of decree of
district of Indiana, entered the twenty ninth
day of July. 1886 and by virtue of like decree of
sale of the Circuit Court of the United States for the
twenty-eighth day of July. 1886, and by
virtue of like decree of sale of the
Circuit Court Of the United States for
entered on the twenty -seventh day of August.
1885, all of which DEGREES of sale entered in a
conr @ under the title Of he Central
Trust Comany of New York against the Lake Erie
& Western Railway Company ct al and consolidated
pointed by order of each Of said courts respectively
viii.
SATURDAY, THE THIRTEENTH DAY OF NO.
MEMBER. 1856.
At the courthouse in the city of Muncie, in the
county of Delaware in the State of Indiana between
said day beginning at 10 o'clock in the forenoon,
offer for sale at public auction to the highest bidder,
all and singular the line of railroad between Muncie,
Ind, and Bloomington, ILL.,, and appurtenances, en-
braced in the first mortgage. made by. the
Lafayette Bloomington Muncie Railway
Company, bearing date May L. 1879, to
New York, in trust, to secure the payment of the
principal and interest of the first mortgage bonds of
like date issued by the said Lafayette Bloomington
Muncie Railway Company. to the amount of two
million five hundred thousand dollars, and all prop
erty rights and interests conveyed thereby or upon
which said mortgage is lien thesaid railroad and
ticuarly described follows, to-wit
All and singular the line of railroad of the said La
fayette, Bloomington & Muncie Railway Company, as
the then was, might thereafter be constructed
between Muncie Delaware county Indiana through the
counties of Delaware Madison. Upton, Clinton TIP,
pecanoe and Benton in Indiana and Vermillion, Ford
and Mclean in Illinois, to the city of Bloomington
in said last mentioned county in Illinois, together
with all and singular the rights of way, ad-bed,
to be laid, between the terminal points
aforesaid, together with all the stations, depot
grounds rails, fences bridges, sidings engine
houses machine shops, buildings, erections in any
then appertainng unto said described line OF rail-
road together with all the engines cars: machinery
supplies tools and fixtures then which might be at
any time thereafter held owned acquired by said
aforementioned railway company for use in connection
with its lines of railroad aforesaid and all its depot
shops leasehold rights and other terminal facilities
them which might thereafter be owned by the said
aforementioned railway company together with all ana
singular the powers, and franchises thereto belong
ing and the tolls income and revenue to be levied
and derived therefrom.
The mortgaged premises and property aforesaid will
be sold an entirety, without appraisement or re-
dempton and notn separate PARCELS and also free and
discharged from all equity redemption of the parties
defendant named in said decree and the Central Trust
Company, of New York as trustee under the income
mortgage covering said property as we'll as OF any
ties Of in and the said mortgaged premises. prop
erty rights and franchises, and every part thereof
described embraced intended to be- in the said
No bid will be accepted for said property at said
sale from any bidder for less than five hundred
thousand dollars, nor from any bidder who shall not
have deposited with me- such special master, the
| sum of fifty thousand dollars, pledge that he
will make good his bid if accepted by the court:
s The % s e
per cent thereof and also at the time, from
time to time thereafter such further portion of said
purchase price the court may direct, in order to
| meet the expenses of said proceeding and to pay
such claims if any, the court may adjudge to be
| prior in equity to said first mortgage bonds and
| coupons of said Lafayette. Bloomington & Muncie
The balance Of the purchase price not required to
be paid in cash be paid in cash or the purchaser
may satisfy and make good said balance of his bid in
whole in part by paying over the outs anding first
mortgage bonds and overdue coupons Of said Lafay-
cite Bloomington & Muncie Railway Company of the
| issue of May /, 1879, at such price value shall
be equivalent to the amount that the holders thereof
would be entitled to receive thereon IN the entire
purchase price paid in cash In the manner pro-
| vided form said decree.
The court reserves the right to reject any bid and
also to retake and resell said premises and property
upon the failure OF any purchaser for twenty days to
comply with any order of the court requiring pay
ment
will also on the same day and at the same place and
between the hours aforesaid by virtue of the several
DEGREES of sale of said courts aforesaid offer for sale
public auction to the highest bidder all and singu
lar the lire of railroad embraced in the first mortgage
made by the Lake Erie & Western Railway Company,
bearing date Aug Is, 1879, and conveying the rail
road between Muncie, Ind. and Fremont o., and APP
purtenances, to the Central Trust Company of New
York in trust to the payment of principal and
interest of the first mortgage bonds OF like date is
sued by the Lake Erie & Western Railway Company
to the amount of one million eight hundred and fifteen
thousand dollars and all property rights and interests
conveyed thereby, upon which said mortgage is
lien as the said railroad and property IS IN the said
mortgage and the said decree particularly described,
as follows, to-wit:
All and singular the line of railroad of the said Lake
Erie & Western Railway Company as the same then
was, might thereafter DO constructed, between
Fremont. Sandusky county. Ohio, through the
counties of Sandusky, Seneca, Hancock. Allen,
-,.l1sz1 T. H. OAok4 oen
through the counties of Jay. Randolph and Delaware
in the State of Indiana Muncie in the last named
county in Indiana, including the branch line from ST.
Mary to Minister in Auglaize county Ohio, being about
one hundred and sixty i've miles in length together
with all and singular the rights of way roadbed made
or be made its track laid to be laid between the
terminal points aforesaid, together with all
stations. depot grounds, rails, fences bridges
sidings engine houses, machineshops. build
which might thereafter appertain unto the said de-
scribed line of railroad together with all the engines
cars machinery, supplies tools and fixtures thon
which might be at any time thereafter held owned
acquired by the said last mentioned railway company
for in connection with its line of railroad afore-
said and all its depot grounds yards. sidngs turn
outs. sheds, machine-shops, lease-hold rights and
other terminal facilities then which might there.
after be owned by the said last mentioned railway
company together with all and singular the
powers and franchises thereto belonging and the
tolls, income and revenue to be levied and derived
therefrom.
The mortgaged premises and property last afore.
said will be sold entirety without appraisement
redemption, and not in separate PARCELS and also
free and discharged from all equity of redemption of
the parties defendant named in the said DEGREES and the
Central Trust Company of New York, as trustee,
under the income mortgage covering said property as
we'll of any and all persons represented by any
said several parties Of in and to the said mortgaged
premises property rights and franchises. and every
part and parcel thereof described embraced in.
tended to be- in the said mortgage
No bid will be accepted for said property at said
SALE for sum less than five hundred thousand dol
lars nor from any bidder who shall not have deposited
aio1 Mauf %hn IS
thousand dollars pledge that he will make good
his bid if accepted by the court
Of the price for which said property shall be sold
there shall be paid in cash at the time of the sale,
10 per cent thereof and also. at the same time or
from time to time thereafter such further portion of
said purchase price the court may direct.
in order to meet the expenses of said