Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-01-31
DICHMOND AND ALLEGHANf
H RAILROAD COMPANY.
FORECLOSURE SALE

FORECLOSURE SALE
1. Herbert L. Terrili and Thomas 8 Bo.ocs'
Trustees ..................Co mpiainsnts,
The Richmond and Allegheny Railroad Conn
Hem HeSr% %" n Alexander ana Horny x. Elyson.
Trustees ................'..'.''' eonpi"ip""'''
against r,,., 49,.
pany and Others. ..............s....De lrhuahS'
pursusn. To a decree and foreclosure salo en-
tered on the 10Th day OF December. issS ny 20"
Circuit Court OF the city OF Richmond. Virsinis,
In the Advocated causes. the underslgned, as
commissioner appointed by said decree WI ssit
az an entirety by public auction. 20 the highess
bidder at tho 'front.' door OF the courthouse OF tue
Hastings Court, in the said city, at tho hour OF
~ NJ, on tho
I6raDAY OF APRIL. 1859.
tho entire railroad OF tho Richmond ana Alle-
ghany Railroad Company, extending IRON tlen-
moud Virginia 20 Clifton Forge, virginia. WIN
a branch line from Balcony tals TO Lexington.
10th I'm said state together with all branches OF
said line Of railroad: oil real estate, rights OF
way. easements, fixtures, m Nhinery, roil,
stock. tools. equipments. railroad supplies anu
also ali canals. basins. bridges. dams waier.
pOwer, vs. er rights and privileges. ana al
other prOverty-real, personal. or mixel-snu
all franchises, rights, powers, privileges, aDn I'm,
munitirs whatever OF the said Richmond anu
Allechsny Railroad Company. ~ fully set forth
in the said decree Of force Osure and sale. print
cd copies II which will be furnished bJ tue I'M
dersigned commissioner upon application there
for, personally or by mail such sale WIZ pe
made subject to cor,an subsising prior Hens
upon portions OF the premises, particularly &C.
scribed in the said decree.
Tho terms of sale will be "a follows;
"The purchaser at such sale shall I'D pay INC
sum Of 800 900 in cash on the day ~ sale; ~ 4
further sum Of $50 100 within thirty days after the
confirmation Of sale; AMI he shall al INC sa.he
time execute bond. parable on domanl; iot ,ue
sum Of 500 O)0. the said bond being for the pur-
pose OF securing tho payment and satieiection on
any claims which the Court shsu decihe rhoHl1
BE- paid cut Of the purchase money, payment OF
which said bond will he secured by lien ROAM
cd On al the property and promises In tho con-
vevance TO the purchaser. Tho purchaser shail
have the privilege OF substituting IN the place oi
the bond 80 given tho bond for Ike amonQt OF
tho corporation resulting from such sale and
conveyance. as provided In section 1893 OF tho
Code Of 1851 which latter bond shall In like man
ner ~ secured by n lien retained in the con-
veyance upon all The properly sold under ms
decree.
a., All the residue OF the purchase money,
Including 80 much of tho amount 0f said bond
a. the Court may fnaly determine no' ueres-
ssry % 10 paid In money. msy he PAID IN any ~
the outstanding receivers certificates. interest
COUPONS registered Interest or ronds secured ~
the said trust deeds speciaei I'm the nth ani
sixth paragraphs OF this decree ~ such rae per
centum Of the PAR value Of tho eail certificates.
interest coupons. registered interest, AMI bonis,
az in rho opinion II the soid commissioner Wal
be payable in respect of such certificates COu-
pons, registered interest ami bonds. upon dsiri-
button o. the proceeds OF such sale under the
prior ties OF liens, - settled md determined ~
this decree. Aud n any question shall arise a.
to the rate and amount at and for which such
certificates, coupons, registered interest. ard
bonds shall he received leave "a reserved 20 ap-
ply 70 this court on the basis Of this de rec.
"Au net revenues between date Of sale ana
delivery Of possession 70 the purchaser viii %
paid over TO tbe purchaser or applied a. a credit
upon bis purchase money. But 10 conveyance
will Doe made nor tho property delivered 70 mo
purchaser until theirs has boon anal settle
ment Of tho accounts ~ tho Receivers ana q u.s.
charge OF them from further Liability IN the
premises.
III the sale shnn bo approved by the Cour,
upon the Commissioners report thereof coming
Ia the same shall stand confirmed. and ~ -oon
as al .he terms Of sale and conditions ~ sp'ci-
fed ia this decree snail have heeu compiled
with and fulfilled. and all n.ts shall have oeen
done required by this decree 10 ba done. the plr-
chaser nall be entitled 20 conveyance OF the
premises And upon such compliance sna per-
formaucs "a aforesaid. and upon apphcalon
Anddu proof thereof and upon tho a-sump-
ton fy he said purchaser % an theu 0uistand'
ing lawful liabilities aud contracts OF me re-
ceiyers. and GpOn indemniiylug the tet ne
celvcrs against the same IN such manner ~ me
Court may hereafter determine, TIE Court VIII
order conveyance u TITO o and q transfer ot
ell and singular tia promises O. tho purchaser
Any sale made by tho undersigned snail be
subject TO the confirmation ot the Court
EUGENE r. LELAND, Commissioner
RICHMOND, January 1889.
hereby certify that the bond required OF f.
r. Leland. commissioner In aforementioned
Tests: ALFRED SHIELD, Clerk.
JAZZ