The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-02
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 suit therein pending, in which the Cen.
trail Trust Company of New York and others plain
tiffs. and the Wabash. St. Louis % Pacific Railway
Company and others are defendants and in which
suit, upon bill filed by Wager Swayne trustee,
against The Indianapolis, Peru 81 Chicago Railway
Company and others, decree of foreclosure en-.
signed, William P. Fishback, Master in Chancery
will,
SATURDAY, THE 18TH DAY OF NOVEMBER.
A. D., 1886.
at o'clock p m of said day. offer for sale at public
auction to the highest bidder at the door of the United
States Courthouse In the city of Indianapolis State
of Indiana the following railway property to-wit
All and Singular the railroad of tho 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
ties of Hamilton, Upton and Howard, to thu
city of Peru in the county of Miami. and all
and singular the roadbed right of way and land Of or
pertaining to the said railroad including the land
under and each side of the track to the whole
Chicago Railway Company Is seized or possessed of
the same together with the superstructure, tracks
and rails thereon, and all depots, depot grounds,
turnouts switches gravel pits bridges, viaducts cu
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 the
tolls rents and income to be had levied from said
railroad and all franchises powers rights privileges
and railway property or the said Indianapolis, Heru
g. Chicago Railway Company acquired or to be &C
qured 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 Railway Company to Abram w.
Hendricks and Wager Swayne trustees, the first
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 DO
used in the repair, management construction or re-
construction or operation of said railway or any
parts thereof, or otherwise together with
chises of the said, The Indianapolis, Peru & Chicago
Railway Company. belonging and appertaning to the
Ali of said property viii BE- sold as an entirety with.
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 $40 OOs
evidenced by bonds numbered from l TO Z75. inclu:
sive with the unpaid interest thereon at the rate OF
per cent per annum, evidenced by coupons payable
semi-annusly on the LIST days of January and July.
making in the aggregate E. (an pastdue
coupons being paid being the unpaid balance of .
mortgage executed by the said Indianapolis, Peru u
Chicago Railway Company, on the 18th day of june
1871 to Clifford Hand, of New York, payable on
the lst day Of July lS9 91k for 81 al OF
cancelled the purchaser taking said property subject
to said prior lien.
Of $50 700 tp be made BY each and every bidder on
f. f. i iad.s:a siss 'sS;s
t BIDDER Sers which deposit sucs Sfu ia
der shall be absolutely forfeited to the OF the trust
in the hands of the said cross-complanant, Wager
Swayne trustee if the bidder TO whom the said raE
way 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 OF tho
and bid will be received cried for said railroad
$725, 600. xumv
At the same place and on the same day, immedeate-
y after making the sale of the said Indianapolis Peru
81 Chicago Railway Company aforesaid, the under
signed by virtue of the same Decree entered in the
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
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 II
seized or possessed of the same together with the
superstructure, tracks and rails thereon and all de-
pots and depot grounds turn-outs, switches.
gravel pits bridges vaducts culverts, fences water
and passenger stations, machine shops machinery 10.
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 levied from the said railroad and
all franchises powers, rights privileges and railway
property of the said Michigan City g. indianapolis
Railroad Company acquired to be acquired and
each and every part thereof with the appurtenances
being the property described in a certain trust deed or
mortgage executed by the Michigan City Indianaps
oils Railroad Company to Abram W. Hendricks and
Wager Swayne as trustees on the first day Of June,
1881, including the property and facilities then or
thereafter owned and provided to be used 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,
construction. operation of said railroad any
parts thereof otherwise together with all the
porate rights privileges franchises of the said The
Michigan City & Indianapolis Railroad Company be-
longing and appertaining 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
lief from valuation sppraisement laws and without
reference to the laws of the State of Indiana touching
the rights of redemption from mortgage sales.
At said sale the undersigned will require deposit
of 5000 TO be made by each and every bidder on
the railway property last above described viz. The
Michigan City 4 Indianapolis Railroad, before Ieceiv
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 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
less than $4,000
WILLIAM P. FTSHBACK,
Master in Chancery,
Swayne, Swayne Hayes
e o1insto