Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-03-26

ApcrsoN SALES.--FUTURE Bays.
ByNw. Bowe.
Real Estate Auctioueer.
No. 4 Eleventh street. Richmond va
DTCUAIOND AND ALLEGHANY
III RAILROAD COMPANY.
FORECLOSURE SALE

I. Herbert l. Terrill and Thomas :. pocock'
Trustees. ............'''eo1np''"- -
against u,, IT,.
. Henry NJ. Alexander and Henry h. Elyscn,
Trustees. ..'.....'..''''No npiain"1's'
Tn. RIcbmond aud Allegheny Railroad Com
psny and Others. .....DcIehoaneA
Pursuant 10 a decree and foreclosure sale en-
tered on the 18Th day Of December. isS2 py tns
circuit Court OF tho city OF Richmond. virginia.
in the above-styled causes, tho undersigned, as
com missioner appointed by said decree, VIII SCI
as an entirety Oy public auction. 10 tno highess
bidder at the front door OK the courtnouss on W
Hustings Court, In the said city, al the hour OF
I6rHDAY OF APRIL. is@.
the entire railroad OF tho Richmond and Ale
ghany Railrosd Company, extending IRON hicr-
mond virginia, 10 Clifton Forge. virginia, Win
q branch line from Balcony tnus 70 LeAln8.o n;
said limo Of railroad: ali real estate, rights OF
way, casements. cxtures, mschinery, rOlhn 3
stock tools, equipments, railroad euppheA ana
also ali canals. basins, bridges. dams. water
powers wafer rights and privileges. ard oil
other property-real, personal. or m1ed-erd
all franchises, rights, powers, privileges, ana I'M.
muuities whatever OF tho said kiehmond ana
Allegheny Railroad Company. a. fully SGT forth
10 the said decree OF foreclosure and SALE print
ed comics Of which will be furnished Dy me I'M
derpigned commissioner upon application here-
for, personally or by mail sgcn saIs VII ~ Ds
upon portions Of the premises, particularly 10
SER bed in the said decree.
The terms Of sale will be a. follows
"The purchaser at such sale shall u) pay ms
sum OF S5O0e0 in cash on the day OF sale; % a
further sum OF $50 600 within thirty days after the
confirmation Of sale; aud be shall AT inc same
time execute a bond, payable On dem anu, Tor the
sum OF sfO0 coo. the said bond being for tho pur-
pose of securing the payment ADD satisfaction OF
any claims which the Court shall decide should
be paid out Of the purchase money payment OF
which said bond will DO secured oy neh retslh-
ed on all the property and premises ia the con-
vsyance TO the purchaser. The purchaser snail
have tho privilege OF substituting In the place OF
| the bond 80 given the bond for Ike amount OF
| the corporation resulting from such sails ana
conveyance. as provided Ia section 1873 OF the
Code OF 1881 which lattor bond snail In Ike man
ner b. secured by a lien retained in the con-
veyance upon all the properly sold under THIS
%, All the residue Of the purchase money:
| including so much Of the amount OF said BOND
as the Court may finally determine not neces-
| sary 20 be paid in money. may be paid IN nny Oh
! the outstanding receivers ceri1cRtes- interest
| coupons registered interest or bonds secured by
the said trust deeds specified In the hith and
sixth paragraphs OF this decree At SUCH rate per
| centum of the par value OF the said cortlncAteS
| interest coupons. registered interest and bonds.
as in the opinion Of the said commissioner VIII
| be payable in respect OF such certificates cou-
pOns, registered interest and bonds, upon distri-
| button OF the proceeds OF such sale Under mo
priorlties Of Hens as settled and determined by
| this decree And II any question shall arise "a
| TO the rate and amount At and Tor which sucn
| certidcateJ, coupons, registered interest. and
| bonds shall be received leave IS reserved 70 ap-
| ply 10 this court on tho basis Of this decree.
| :" All net revenues between date Of sale and
| delivery Of possession to the purchaser will be
| paid over 20 the purchaser Or appied IS credit
upon his purchase money. But 10 conveyance
| will be made nor tho property delivered % the
purchaser until there has been "A fnal settle
| ment OF the accounts Of the Receivers aud dir
| charge OF them from further liability ia tho
premises.
III the sale shall DO approved by the Court
| upon the Commissioners report Thereon coming
| Ia the same shall stand confirmed. aud so soon
"a all the terms Of sale and conditions AS specl.
| fed in this decree shall haye been complied
| with and fulfilled, aud all acts shall have been
done required by this decree TO DO done, tae pur-
chaser snail be entitled 10 conveyance OF the
| premises. And upon such compliance and per-
Torrance as aforesaid, and up1n application
and due proof Inefeof and upon the assump-
| ton by the said purch Of all then outstAnl-
| ing lawful liabilities and contracts OF the ho-
! ceiYers, and upon indemnifytDg the said ne
| ceivers against the Same IN such manner az tbs
| Court may hereafter determine. the Court will
| order a conveyance Of title " aud a transfer OF
| all and singular the premises % the purchaser"
Any sale made by the undersigned snail be
subject 70 the confirmation Of the Court
EUGENE X. LELAND, Commissioner
RICHMOND. January 3. 1883
thereby certify that the bond required Of f.
| r. Leland, commissioner In petore-mentioned
causes. has been duly given.
Teste: ALFRED sHEILDi Clerk.
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