The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-05-17
NOTICE OF SALE
or THE
Louisville, Evansville &St Louis Railway



therein pending, wherein Isaac T. Burr is COM
painant and the Louisville. Evansville g. ST. Louis
Railway Company and others are defendants, orig
inal BILL and the Mercantile Trust Company and Noble
c. Butler, trustees compliments. and the Louis
vile, Evansville s. st. Louis Railway Company and
others defendants crossbill the undersigned,
William p. Fshback and Frank H. Jones' commission
ers appointed by said courts by said DEGREES WILL on
WEDNESDAY, THE 9TH DAY OF JUNE. A.
D., 1886
at o'clock o. 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, Wis
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
ming thence westerly through the counties of Floyd
Harrison, Crawford and Dubois, to near Hunting
burgh, in the county of Dubois, and thence still
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 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 Fairfield in said county and thence
still westerly through the county of Wayne Mount
Vernon, in the county of Jefferson, and State OF
Illinois; in all distance of about one hundred and
ninety (lSO miles, which designated
and described the main line of said Louisville,
Evansville g. 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 Warrck Indiana and thence
to Gentryvle 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 Gentryville afore-
said. to Rockport upon the Ohio river in said
county OF Spencer, Indana-which 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 ways and
rights of way licenses and easements of said railway
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, thereafter ac-
quired
Greenhouses car-houses freight-houses, ma
chine shops appertaining to the railways above de-
scr6sd and all kinds Of machinery and tools whether
forwards acquired for use in connection
with said railways. together with all locomotives,
engines tenders. passenger or freight cars 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 or replacing said railways; and also all
franchises rights privileges, immunites, and all
the things In action contracts claims and demands of
the said railway comnanies, owned afterwards
acquired, in connection with or relating to
said railways either of them, together with all and
singular the tenements and appurtenances thereto be-
longing ano all reversions remanders tolls freghts
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 since acquired by 1t, re-
latng and appertainng 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
Vernon to East ST. Louis any other point upon the
Mississippi river.
Said property above described will be sold. and the
purchaser win 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
bonds and coupons issued Hereunder to the amount
of nine hundred thousand dollars, with
six per cent. interest thereon from
of twenty seven thousand dollars, with six per
cent. interest from January /, 1886 being the
amount OF coupons taken up by W. T. Hart. l. T.
Burr, j. I'll. French, John Goldthwaite w. S. Blanch.
ard j nj. Fetter and A. P. Humphrey, trustees, and
subject so far as the property above designated
the main line of the Louisville, Evansville e. st.
Louis railway concerned to the payment of the bonds
and coupons secured by the mortgage and deed of
executed by the Louisville New Albany s. st. Louis
Railway Company to the Mercantile Trust Company
and Noble c. Butler trustees on the first day of June
1881. as adjudged in the DEGREES of said courts
OF the purchase money, ten thousand dollars is to
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 coupons issued under and
cured by the deed of trust executed by the
Louisville, Evansville q st. Louis Railway Company
to the Mercantile Trust Company and Noble c. Butler
trustees, the first day of March 1882 at the face
to the amount such 'n''1 property 1''0t sha
bring, provided. that in any event the purchaser
shall, at such time or times the court may order
pay in cash enough money to satisfy and discharge
such sums by said DEGREES of said courts or
which may 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 the place and
immediately after making the sale above in obed
courts in the same cause offer for sale at public
ton. to the highest and best bidder the property de-
scrbed above except that portion of which is des
ignated as The Evansville Division being what is
known the Main Line of said Louisville Evansville
81 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 viii be received in payment the bonds and
executed by the Louisville, New Albany 81
St. Louis Railway Company. to the Mercan-
tile Trust Company. of New York and Noble @. But
er trustees the LIST day of june 1881 at the face
pro rata value thereof according to the amount
such property shall bring; provided that any event
the purchaser or purchasers shall at such time or
times the court may order. pay in cash enough
money to satisfy and discharge such by
said decrees may by subsequent orders in said
cause be declared by said be payable cash
out of said purchasemoney before any distribution is
to be made upon such coupons bonds.
Before receiving any bid the purchaser at either of
said sales, will be required to deposit in cash. or
certified check satisfactory to the undersigned. an
amount equal to the cash payments required under
such sales, respectively, and bid viii be received for
said property under said second sale for less than
seven hundred and fifty thousand dollars.
The following rolling stock win be included in the
first sale, but not in the second, viz.
u y = IL Old Naw /