Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-02-19
By W. Bowe,
Real Estate Auctioneer.
No. 4 Eleventh street, Richmond. Va.
DICHMOND AND ALLEGHANY
IL RAILROAD COMPANY.
FORECLOSURE SALE


I. Herbert l. Terrill and Thomas s. Bocock,
Trustees. ........................C omplainRDts
against
Tho Richmond and Allegheny Railroad Com
pany and Others...................D Defendants
2. Henry VI. Alexander and Henry X. Ellyson,
Irustees....'... '''CohpislLahtS
against
Tho nichmond and Allegheny Railroad Com
pany and Others. .............-- defendants.
Pursuant 70 n decree and foreclosure sale en-
tered on tho 18Th day OF December. 1888 by the
Circuit Court Of the city OF Richmond. VIRGINIA,
In the above-stylod causes, the undersigned, a.
commissioner appointed by said decree, will sell
IA an entirety 10y public auction, TO TIE highest
bidder at the front door OF the courthouse Of The
Hastings Court, In the said city, at the hour OF
~ NJ, on the
I6rHDAY OF APRIL. 1850.
the entire railroad Of the Richmond and Alle~
ghany Railroad Company, extending from Rich
mopd virginia 10 Clifton Forge Virginia. with
a branch line from Balcony Fails 10 Lexington,
both in said state. together with all branches Of
said line 81 railroad: all real estate. rights OF
way, easements nxtures, machinery rolii &
stock, tools. equipments, railroad supplies, and
also all canals, basins, bridges, dam. water
powers, wa OF rights and privileges and all
other prouerty-real, personal. or mi1ei-and
all franchises, rights powers. privileges. aud I'M
muuities Whatever OF he said Richmond and
Allegheny Railroad Company. az fully set forth
In the said decree OF force Osure aud sale, print
ed copies Of which will be furnished 10y the I'M
dersigned commissioner upon application there-
for, personally or by mail. such sale will be
made subject 10 certain subsisting prior liens
upon portions Of the premises, particularly de-
scribed in the said decree.
Tho terms OF sale will be a. follows:
"Tho purchaser a. such sale shall ~ pay the
sum " $4,000 In cash on the day ~ sale; % a
further sum Of $50 0O0within thirty days after tho
confirmation Of sale; end be shall az the same
time execute bond, payable on demand. Tor the
sum OF $500 COO, the said bond being for the pur-
/ a. u ton OF
any claims which the Court shall decide should
be paid out CT the purchase money, payment OF
which said bOnd will De secured by lien roiaiI-
cd On all the property aud promises in the con-
veyance % tho purchaser The purchaser shall
have the privilege OF substituting In the place Of
the bond sO given tDe bond for Ike amount OF
the corporation resulting from such sale ana
conveyance, "a provided in section 1898 OF inc
Code Oi 1881. which latter bond shall in Ike rasn-
ner be secured by a lien retained IN tho COLI
veyantc upon ali tho properly sold under THIS
decree
OBJ All the residue Of the purchase money.
Including 80 much q the amount OF said bond
a. tho Court may finally determine not neces-
s9ry 20 be paid IN money. may DC paid IN any OF
the outstanding receivers certificates. interest
coupons, registered interest or bonds secured by
the said trust deeds specified In the nith and
sixth paragraphs OF this decree az such rate per
centum Of the par value OF the said certificates.
interest coupons. registered Interest, and bonds.
"a In tho opinion Of the said commissioner VIII
be payable IN respect Of such certificates. cOu-
pOns, registered Interest and bonds, upon distri-
button OF the prO.eeds cf such sale Under tho
prior ties OF liens, az settled aud determined by
This decree. and IL any question shall arise as
20 tho rate and amount at and Tor which Such
certificates. coupons, registered interest. and
bonds shall Do received Leave is reserved 10 ap-
ply % this court on TIE bGgis Ot ibis decroe.
"AH net revenues between date OF sale ana
delivery OF possession 10 the purchaser viii be
paid over 20 tho purchaser Or applied rs a credit
upon his purchase money. But no conveyance
viii be made uor the property delivered TO tho
purchaser until there mas been final settle
ment OF the accounts Of tho Receivers aud 2 dis
charge OF them from further liability in tho
promises.
IF the salo shall be approved by the Court
upon the Commissioners report thereof coming
IN the same shall stand confirmed. and - soon
az all the terms Of ssle and conditions as speci-
fed in this decree snail have been complied
With and fulfilled, aud all acts shall have been
done required 10y this decree % be done. the pur-
chaser sail be entitled 10 a conveyance OF the
premises And upon such compliance and per-
fOrmance "a aforesaid, and upon application
aud due proof thereof. and upon tho assump-
ton by the said purchaser Of all thon outstand-
ing lawful liabilities and contracts OF the he-
ceiyers, ana upon indemnifying the said Re-
ceiyers against the same In such manner as the
Court may hereafter determine. the Court will
order a conveyance % title TO aud transfer OF
all and singular the premises 70 the purchaser"
Any sale made by Tie undersigned shall be
subject to the confirmation OF the Court.
EUGENE X. LELAND, Commissioner.
RICHMOND. January 3. 1889.
thereby certify that the bond required Of f.
r. Leland, commissioner Ia aforementioned
causes, has been duly given.
Teste: ALFRED SHIELD Clerk.
JAZZ