The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-10-26
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 thu
Circuit Court of the United States for the District Of
trail Trust Company of New York and others are plain
tiffs and the Wabash St Louis & Pacific Railway
Company and others are defendants, and in which
suit upon bill fled by Wager Swayne. trustee
against The Indianapolis, Peru 81 Chicago Railway
Company and others, decree of foreclosure was
tered on the 10Th day of September 1856 the under
signed, William P. Fishback, Master in Chancery.
will,
SATURDAY, THE 18TH DAY OF NOVEMBER,
A. D., 1886.
at one O'Clock p. of said day offer for sale at public
auction highest bidder at the door of the United
States Court house in the city of Indianapolis State
of Indiana the following railway property, to-wit
All 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 coun-
city of Peru, in the county Of Miami. and all
and singular the roadbed right 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 50
Chicago Railway Company is seized possessed of
the same together with the superstructure tracks
and rails thereon, and all depots depot grounds
turnouts switches gravel pits bridges. yaducts Gull
verts fences, water and passenger stations, machine
shops, machinery, locomotives, and other rolling
stock and all other equipments fixtures and property
of pertaining to the said railroad and also all thu
tolls rents and income to be had levied from said
railroad and all franchises powers rights privileges
q Chicago Railway Company acquired or to be &C.
CURED and each and every part thereof with the ap
purtenances being the property described in certain
trust deed or mortgage executed by the indianapolis,
Peru 81 Chicago Ra lwsy Company TO Abram w.
Hendricks and Wager Swayne, trustees the fret
day of June 1881, including the property and facii
ties then or thereafter owned and provided to be used
in the operation of said railway and all supplies and
other things provided purchased by the said Wager
Swayne trustee while in possession of the same to be
used in the repair, management, construction
construction or operation of said railway or any
parts pa 81 thereof or otherwise. together with
chises of the sad The indianapolis, Peru q Chicago
Railway COMPANY belonging and appertaining to the
said a. line ne Of railway and property;
out any relief from valuation appraisement laws,
and without reference to the laws of the State of In
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 sum of 1915 .00O
evidenced by bonds numbered from l to 275 inclu.
sve with the unpaid interest thereon at the rate of
per centsper annum. evidenced by coupons payable
making in the aggregate s. fall pastdut
coupons being paid being the unpaid balance of q
mortgage executed by the said Indianapolis Peru q
Chicago Railway Company, on the 18th day of june
1871, to Clifford Hand. of New York, payable on
the 1st day of July, 1891, for 81 000,OO0, all OF
the balance of said bonds 725 in number having been
cancelled the purchaser taking said property subject
to said prior lien.
At said sale the undersigned will require deposit
the Indianapolis, Peru & Chicago railway be-
Sdss we d bs G be Such
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 tho said rail
way and property shall be struck off shall fail to pay
or comply with said purchase in accordance with the
terms of said SALE and the orders and decrees of the
said Circuit Court of the United States in that behalf
and bid will be received cried for said railroad
$725 600. ~
At the same place, and on the day, immedeate-
~ after making the sale of the said indianapolis Peru
Y Chicago Railway Company, as aforesaid the UNDER
signed by virtue of the same Decree entered in the
same cause will offer for sale to the highest bidder.
at 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.
right 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 Ia
seized or possessed of the same, together with the
superstructure tracks and rails thereon and all de.
pots ana depot grounds, turn-outs. switches.
gravel pits. bridges viaducts cuverts. fences water
and passenger stations; machine shops machinery To-
comotives cars and other rolling stock and all other
the equipments fixtures and property of pertain
ing to the said railroad and also all the tolls rents and
income to be had or levied from the said railroad and
al franchises, powers rights privileges and railway
property of the said Michigan City & indianapolis
Railroad Company acquired or to be ACQUIRED and
being the property described in certain trust deed OF
executed by the Michigan City & Indianap
oils Railroad Company to Abram w. Hendricks and
Wager Swayne. trustees. 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 purchased by the said Wager Swayne,
trustee while in the possession of the same to be
used in the repair. management, construction ORE
operation of said railroad, any
parts thereof wise together with all the
porate rights privileges franchises of tho said The
Michigan City 81 Indianapolis Railroad Company be.
longing and appertaning to the said line of railroad
and property including tho docks of said railroad
company at Michigan City, Ind.
Said property will be sold as entirety, without 70.
lief from valuation or apprasement laws, and without
reference to the laws of the State of Indiana touching
he rights of redemption from mortgage sales.
At said sale the undersigned will require deposit
Of $40. 600 10 be made by each and every bidder
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 fortified
the of the trust in the hands of the said
complainant. Wager Swayne trustee if the bidder ia
whom the said railway and property shall be struck
off shall fail to 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 cry any bid for
said railway property last above described for SUM
less than $3.50, 900
WILLIAM P. FTSHBACK,
Master il. Ohancery.
Swayne. Swayne Hayes