Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-03-28
AUCTION RALEh-Euturo Days.
By w. Bowe.
Real Estate Auctioneer.
No. Eleventh street, Richmond, Va
DICHMOND AND ALLEGHANY
IA RAILROAD COMPANY.
FORECLOSURE SALE

/. Herbert L. Torill and Thomas 8. Bocock,
lrustees. .-,................. ....COmplolhants
against
Tho Richmond and Allegheny Railroad Com
pany and Others. Defendants.
= Henry NJ. Alexander and Henry X. Ellyson'
Trustees. ........................Co mpiainants'
The richmond and Allegheny Railroad Com
pany and Ohers.......... .DefendanS.
Pursuant 10 decree and foreclosure sae en-
tered on the 1911 day OF December. 1883. by the
Circuit Court OF tho city OF Richmond, Virginia,
In tho abJve-styled Causes, the undersigned, as
commissioner appointed by said decree. viii sell
as an entirety by public auction, 10 the highest
bidder az the front door Of the courthouse OF the
Hastings Court, IN the said city At the hour OF
IL NJ, On the
18TH DAY OF APRIL. 1859.
tho entire railroad OF the Richmond and allie
ghany Railroad Company, extending from hlch-
mond, Virginia, 20 Clifton Forge, virginia, with
q branch line from Balcony Falls 10 Lexington,
both IN said State. together with all branches OF
said line Of railroad. ali real estate. rights Of
way, easements, fixtures, machinery rol1ng
stock, tools. equipments, railroad supplies, and
also all canals, basins, bridges. dams. water
powers. wa or rights and privileges and all
other property-real, personal or miHed-and
all franchises, rights, powers, privileges, and Inn
muuitles whatever OF the said Richmond and
Allegheny Railroad Company, as fully set forth
in the said decree OF foreclosure and sale, print
"a copes u which will 10 furnished by the IN
designed commissioner upon application thore-
for personally or by mail. such sale will be
made subject 10 certain subsisiing prior liens
upon portions OF the premises, particularly de-
SER bed in the said decree.
Ths terms Of sale Will be IS follows:
"The purchaser at such sale shall D pay tho
sum Of $50 900 In cash on iha Gay of sale; ~ a
further sum OF $50 600 within thirty days after tho
confirmation OF sale: and no shall rs the same
time oxocuta q bond payable on demand. for the
NJ > fnt aufN
pose OF securing the payment and satisfaction Of
any claims which tho Court snail decide should
be paid out Of the purchase money, payment OF
which said bond Will DO secured by lien retain
ed en- all the property and premises in the con.
vevance N tho purchaser. Tho purchaser shall
have the privilege OF substituting IN the place OF
TIE bond 30 given the bond for Ike amount OF
the CORPORATION resulting from such sale ana
convoynnce, "a provided IN section 1893 OF tho
Code OF 1ss1, which lattor bond snail In like man
ner be occurred by lien retained in tho con-
yoyance upon all Tho properly sold under this
decree.
~ IAN the residue OF the purchase money,
Including 40 much Of tho amount OF said bond
a. tho Court may fnslly determine not neces-
sary 10 be paid in money, rasy be paid In any Ot
tho outstanding receivers certificates. interest
cOuDOns, registered interest or bonds secured by
the said trusi deeds specined IN the NTH and
sixth paragraphs OF this decree al such ratio per
centum OF the par value OF the said certificates,
interest coupons, registered interest. and BOMBS,
as in the opinion Of the said commissioner Will
be PAYABLE IN respect OF such certificates cou-
pom, registered interest and bonds. upon distri-
button OF tho proceeds Of such sale under the
priorites Of liens, as settled aud detormin ed by
THIS decree. And II any question shall arise as
20 the rate and amount ~ and for which such
certificates. coupons registered interest and
bonds shall be received leave Ia reserved 70 sp-
ply % this court on tho basis vi this decree.
All net revenues between date OF sale ana
delivery Of possession 70 tho purchaser Will be
paid over 20 the purchaser or applied as credit
upon his purchase money. But no conveyance
Will DC made nor the property delivered 70 tho
purchaser until there has been 1nal settle
ment OF tho accounts Of tho Receivers and dis
charge OF them from further liability In the
promises.
Ill tue sale shall be approved by the Court
upon the Commissioners report thereof coming
H. the sans shan stand confirmed, and 80 soon
IA all the terms Of sale and conditions az speci-
fed ia this decree shall have b0en complied
with ard fulfilled, and all acts snail have boon
done required by this decree 10 be done, the pur-
chaser ~ all be entitled 10 conveyance OF tho
promises. And upon such compliance ana per-
iormGncs as aforesaid, and upou Application
Gad due proof tnefoci and upon the assuinp-
ton By tho said purchaser Ot al then outstand-
Ing lawful Liabilities and contracts Of tho ko-
ceivers. and apou indemnifylng the said Re
ceivers against the same Ia such manner az the
Court may hereafter determine. the Court VIII
order q conveyance Of tito ~ and q transfer OF
all aud singular the premises 70 tho purchaser"
any sale made by the undersigned shall be
subject 70 the confirmation OF the Court
EUGENE Z. LELAND, Commissioner
RICHMOND. January 3. 1889.
thereby certify that tho bond required Of f.
r. Leland, commissioner III aforementioned
causes. has been duly given,
Ieste: ALFRED SHIELD, Clerk.
"a