Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-02-06
By W. Bowe,
Real Estate Auciioneer.
No. 4 Eleventh street, Richmond, Va.
DICHMOND AND ALLEGHANY
III RAILROAD COMPANY.
FORECLOSURE SALE.

IL RAlLhOAD COmtAN1.
FORECLOSURE SALE
1. Herbert /. Terrill and Thomas s. Bocock,
Trustees. ...............C Com pleinapts,
against
The Richmond and Allegheny Railroad Com
pauy and Others. DEFENDANTS
.. Henry NJ Alexander and Horny K. Ellyson,
Trustees. Observation-Disclosures. Iompialhanla
against
The Richmond and Allegheny Railroad Com
pany and Others. ..DeIenuanta
Pursuant to a decree and foreclosure sale en-
tered on tho 18Th day OF December. 1885, by thu
Circuit Court OF the city OF Richmond. virginia.
In the above-styled causes. the undersigned, as
commissioner appointed by said decree, WI sell
as an entirety by public auction. TO mo highest
bidder at tho front door Of the courthouse Of the
Hastings Court, In the said city, al the hour OF
II NJ, on the
tho entire railroad Of tho Richmond and Ale
ghany Railroad Company, extending from Rich
moud. Virginia, to Clifton Forge, Virgins. WITH
a branch line from Balcony Falls TO Lexington,
both in said state. together with all branches OF
said limo Of railroad. ali real estate, rights OF
way, easements. fixtures, machinery, rolling
stock. tools equipments, railroad supplies, ana
also all canals, basins, bridges, dams. water
powers. Waier rights and privileges, ana al
other property--resl, personal, or ml1ed-and
all franchises, rights, powers, privileges and I'M
muDities whatever OF the said hicnmOnd ana
Allegheny Railroad Company. as fully set iOrth
In tho said decree Of force Osure and sale. print
ed copies Of which win be furnished by the un-
dersigned commissioner upon application there
for personally or by mail. such sale will be
made subject 20 certain subssting prior liens
upon portions Of the premises, particularly de-
scribed in tho said decree.
Tho terms Of salo will be a. follows:
"The purchaser a. such salo shall tD pay the
sum Of 10000 IN cseh on the day Of sale; "
further sum OF $50 COO within thirty days after inc
a. 81 anil aa fsu n
time execute a bond. payable on demand. Tor the
sum Of 800 co., the said bond being for the pur-
pose Of securing the payment and Satisfaction on
any claims which the Court shall decide shOuld
be paid out Of the purchase money, payment or
which said bond will be secured by lien retain
ed on ell the property aud promises IN inc con-
veyance 60 the purchaser. The purchaser 7h@it
have the privilege OF substituting IN ine place Oh
tho bond 40 given the bond for Ike amount OF
the corporation resulting from such sale and
conveyance. as provided IN section ~ OF the
Code Of 1857, which latter bond shall IN IKE man
ner DO occurred by Hen retained IN inc con-
yeyanco upon all tho properly sold under this
decree.
~ IAN the residue Of the purchase money,
Including so much of the amount OF sAtd bond
as the Court may finally determine not noces,
sary 10 DO paid in money. may be paid In any Of
the outstanding receivers certificates, interest
coupons registered interest or bonds secured by
the said trust deeds specified In the hith anu
sixth paragraphs OF this decree az such rate per
centum OF the par value Of the said certncateS
interest coupons. registered interest. and bonds,
as In the opinion Of the said commissioner VIII
be payable in respect OF such certincAtes. cou-
pons, registered Interest and bonds, upon distri-
button OF the proceeds Of such sal0 under tho
priorlties Of liens, az settled and determined by
this decree. And II any question shall arise as
10 the rate and amount az and sor which Sucn
certificates. coupons. registered interest, and
bonds shall DO received loaye Is reserved 70 ap-
ply 90 this court on the basis OF this decree
All net revenues between date OF sale and
delivery Of possession 10 the purchaser Will %
paid over 20 the purchaser or applied as q credit
uporshis purchase money. But no conveyance
Will 30 made nor the property delivered 70 the
purchaser until there has been final settle
ment OF the accounts Of the Receivers and q dis
charge OF them from further liability In me
premises.
"If the sale shall be approved by the Court
upon the Commissioners report thereof coming
in the same shall stand confirmed, ana 50 soon
as all the terms OF sale and conditions 80 speci-
fed in this decree shall hayo been complied
with and fulfilled, and all acts shall have been
done required by this decree TO bo done the pur-
chaser sLsll be entitled 20 conveyance OF the
promises And upon such compliance and per-
Torrance as aforesaid, and upon application
and due proof thereof aud upon the assump-
lion By the said purchaser OF all then outstand.
ing awful liabilities and contracts Of the Ne
ceiyers, and upon indemnifying the said Ne
ceiyers against the same 10 such manner "a the
Court may hereafter determine. the Court VIII
order q conveyance Of title 70 and transfer OF
all aud singular the premises 10 the purchaser
Any sale made by the undersigned snail De
subject 70 the confirmation OF the Court
EUGENE r. LELAND, Commissioner.
RICHMOND. January 3. 1883.
thereby certify that the bond required OF E.
r. Leland, commissioner In aforementioned
causes. has been duly given.
Teste: ALFRED SHIELD, Clerk.
Jazz