Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-01-16
By n W. Bowe,
Real Estate Auctioneer.
No Eleventh street, Richmond, Va.
DICHMOND AND ALLEGHANY
III RAILROAD COMPANY.
FORECLOSURR SALE

/ /. Herbert L Terrill and Thomas S. Bocock,
Trustees. ................ Complainants,
against
The Richmond and Allegheny Railroad Com
. Henry VI. Alexander and Henry H. Elyson,
Trustees. .........'''''''..''... 'Compialhsh'S'
against
pany and Others. ..Detenuant%
| Pursuant 10 a decree aud foreclosure sale en-
tered on the 18Th day OF December. 1883 by the
Circuit Court % the city OF Richmond. virginia,
/ Ia the abOve-style1 causes, the undersigned, as
commissioner appointed by said decree, VIII sell
70 an entirety by public auction, TO tho hign0sb
bidder, al the front door Or the courthouse OF the
Hastings Court, in the said city, at the hour OF
~ NJ, on the
16IHDAY OF APRIL, 1889,
tho entire railroad Of the Richmond and Ale
ghany Railroad Company, extending from Rich
mond Virginia to clifton Forge virginia, with
n branch line from balcony Fails 20 Lexington.
both in said State. together with all branches OF
said line Of railroad: ali real estate, rights OF
way, easements. fixtures, machinery, rolli' Z
stock, tools. equipments, railroad supplies and
also all canals. basins, bridges. dams, watec.
powers. wafer rights and privileges. aud all
other property-real, personal. or miKed-and
all franchises, rights, powers. privileges ana I'M
muutties whatever OF the said Richmond ana
Allegheny Railroad Company. a. fully set forth
In tho said decree OF tOreco 3urc and sale, print
ed copies Of which will DO furnished by the I'M
dersgned commissioner upon application there-
for, personally or by mall. Such sale will be
made subject 20 certain subsisting prior liens
upon portions Of the promises, particularly de-
scribed in the said decree.
The terRs OF salo Will be as follows:
"Iho purchaser al such sale shall D pay the
sum OF 10000 in cash on the day Of sale; % =
further OF $4,000 within thirty days after the
/ confirmation Of sale and he shall at the same
time execute bond, payable on demand. Tor tho
sum OF 1890 Geo. the said Bond being Tor the pur-
pose Of securing the payment aud satisfaction OF
any claims which tho Court snail decide should
be paid out OF the purchase money, payment OF
which said bond will be secured by lien retain
cd on al the property and premises In tho con-
veyance to the purchaser. The purchaser shall
have the privilege Of substituting In the place Of
tle bond 80 given the bond for like amount OF
tho corporation resulting from such salo and
conveyance as provided in section 1898 OF the
Code OF 1857 which latter bond shall In Ike ran~
ncr be secured by n lien retained in tho con-
veyance upon all tho property sold under this
decree.
o. "AIl the residue Of the purchase money.
Including 50 much OF the amount OF sad bond
az the Court may Gually determine not ncce5-
sary 70 DO paid In money, may be paid In any OF
the outstanding receivers certificates. interest
coupons, registered interest or tonds secured by
the said trust deeds specified In tho filth and
sixth paragraphs OF this decree AZ such rate per
centum Of thB par value OF tho said certificates,
interest coupons, registered interest and bonds.
as in the opinion Of tho said commissloner viii
be payable in respect OF such certihcat3s cOu-
p0ns, registered interest and bonds. upon dstri-
button OF the proceeds Of such sale under tho
priorlties OF liens, az settled and determined by
this decree. And II any question shall arise as
to the rate and amount az and Tor which sucn
certificates. coupons, registered interest, and
bonds shall be received loaVo Is reserved 20 np-
ply to this court on the basis ot this decree.
"Au not revenues between date Ot sale and
delivery Of possession 10 the purchaser will no
paid over 20 the purchaser or applied a. q credit
upon his purchase money. But no conveyance
will be made nor the property delivered g. the
ment OF tho accounts OF the Receivers and dis
charge OF them from further liability in tho
premisss.
III the sale shall be approved by the Court
upon the Commissioners report thereof coming
il the sRmo shall stand confirmed, and 50 soon
as all the terms Of sale and conditions 80 speci-
fed In this decree shall have been complied
with aud fulfilled, and all acts shall have been
done required by this decree TO be done, the pur-
chaser stall be entitled TO a conveyance % the
premises. And upon such compliance and per-
Torrance as aforesaid, ana upon application
aud duo proof thereof. and upon the aasump-
ton by the said purchaser Of all then ontstand-
ing lawful liabilities and contracts OF the ho-
ceiVers, and upon indemntiyines tho said Re-
ceiyers against the same In such manner as the
Court may hereafter determine. the Court Will
order conveyance Of title 10 and a transfer OF
all ana singular the premises 70 the purchaser
Any sale made by the undersigned shall be
subject TO the confirmation OF the Court
EUGENE X. LELAND, Commissioner.
RICHMOND. January 3. 1859.
hereby certify that the bond required OF E.
r. Leland, commissioner In aforementioned
causes. has been duly given.
Teste: ALFRED SHIELD, Clerk.
taJ2