Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-03-12
By W. Bowe.
Real Estate AuctioneeT.
No. 4 Eleventh street. Richmond, Va.
AND ALLEGHANY
Ia RAILROAD COMPANY.
roRRCLosURR SALE


1. Herbert L. Terrlli aud Thomas 6. Bo'ock.
Trustees. ................. ComplainaDts,
The Richmond and Allegheny Railroad Com
pauy and Others. Defendants.
.. Henry NJ Alexander and Henry X. Eliyson,
Trustees. .......................C ompialnants,
against
The richmond and Allegheny Railroad Com
pany and Others.......... .........Detsndants.
Pursuant 10 a decree and foreclosure sale en-
tered on tho 18Th daY Of December gseS, ny the
Circuit Court Of the city OF Richmond. Nirsinis,
In the above-stylel causes, the undersigned, rs
commissioner appointed by said decree, VIII sell
Rs an entirety by public auction. 10 the highest
bidder at the front door 81 the courthouse OF the
Hastings court, in tho said city, q. the hour OF
y NJ, on the
1srHDAY OF APRIL. 1882
the entire railroad OF the Richmond and Alle-
ghany Railroad Company, extending from hich-
mond. Virginia, 70 Clifton Forge, Virgins, win
a branch liue from Balcony Falls 20 Lexington.
both in said state together with all branches OF
said line Of railroad: ali real estate, rights OF
way, easements, fixtures, n schiuery, rom
stock, tools equipments. railroad supplies. ana
also all canals. basins. bridges. DAMS Water.
powers. va eI rights and privileges ana al
other prouerty-real, ersonal. or miEed-and
ell franchises rights powers. privileges, and I'M
muuities whatever o. lhe said Richmond and
Allegheny Railroad Company, as fuzzy set tortn
In the said decree OF force OSure aud tale, print
ed copies OF which will be furnished by the I'M
dersigned commissioner upon application there
for, personally or by mail. cuch sale Will DO
made subject to certain subsisting prior liens
upon portions Of the premises, particularly de-
scribed III tho said decree.
The terEs Of sals will be so follows:
"The purchaser a. such sale shall D pay inc
sum Of $4,000 in cash on the day OF sale; ~ a
further sum Of $50 900 within thirty days after inc
confirmation Of sale. and he shan az inc sAnls
time execute n bond, payable on demand. loI the
~ fhf4a sfl. 4
pose OF securing tho payment and satisfaction OF
any claims which the Court shall decide SHOULD
be paid out CT the purchase money, payment Oh
which said bond will be secured by a lion REALM
ed on all tho property aud premises IN TIE con-
yevance 20 the purchaser. Inc pufchhSer rht' :
have the privilege OF substituting IN tho place o,
the bond 80 given the bond Tor llhe amo9ht o,
the CORPORATION resulting from such sale snu
conveyance as provided IN section 1913 OF ths
Code Of 1887 which latter bond shall In Ike man
ner be secured by a lien retained in mo con-
veyance upon all tho properly sold under th's
decree.
81 IAN the residue Of the purchase money,
Including 80 much Of tho amount OF said bond
rs the Court may fnally determine MOI neces-
sary TO he paid in money. IN iy be PAID In any OF
the outstanding receivers cerlueates- interest,"
coupons registered interest or cOnds secured by
the said truss deeds specified In the htth ar
sixth paragraphs OF this decree NJ such "a pst
centum Of the oar value OF tho said certihcateS
interest coupons. registered interest. and bonds.
as in the opinion Of the said commissioner VIII
be Dayable in respect OF such certificates. cOu-
pom, registered interest and bonds upon dislrl-
button OF the proceeds Of such sale Under tho
priorties OF liens, as settled aud determined ny
this decree. And II any question snail arse as
TO the rate and amount az and Tor which such
certificates, coupons. registered interest. anu
bonds sh ali be received leave IL reserved % ap-
ply 70 this court on the basis Of this decree.
" An net revenues between date Of sale snd
delivery OF possession 70 the purchaser Will 90
paid over 20 the purchaser o.. applied "a a credit
upon his purchase money. But no CONVEX anre
will be made nor the property delivered 70 lho
purchaser until there has been maj settlc-
nent OF the accounts OF tho Receivers aud ds-
charge OF them from further liability IN tho
premises. f.- 90,
III the sale shall be approved by the Couri
upon the Commissioners report thereof coming
in the same shall stand confirmed. and 80 soon
as ell the terms OF sale ana conditions as epeci-
fed in this decree shall have been compiled
with aud fulfilled, and all acts shall have been
done required by this decree 10 be dOno, the pur-
chaser stall be entitled 90 q conveyance OF the
premises And upon such compliance and per-
Torrance as aforesaid, and upJu Application
aud due proof thereof and upon the assumP-
ton by The said purchaser OF all then outstand-
ing lawful liabilities and contracts Of the 10
ceivers and upon indemisfying the said re
ceiyers against the same 10 such manner as mo
Court may hereafter determine. TIE Court WIZ
order a convey ance Of title 70 and transier OF
ali and singular the promises to the purch zser."
Any sale made by tho undersigned snail DO
subject 70 the confirmation OF the Court
EUGENE X. LELAND, Commissioned
RICHMOND. January 3 1859.
thereby certify that the bond required Of E.
r. Leland, commissioner ia aforementioned
causes. has been duly given,
Teste: ALFRED SHIELD, Clerk.