Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-01-30

4. Herpert l. ieffHi enn ihohien y Do1VSes
Trustees.
The RIchmond and Allegheny Railroad Com
pany and Others.
Q Henry VI. Alexander and Henry r.. Ellyson,
Trustees. SonpiaiDahl
against
The richmond aud Allegheny Railroad Com
psny and Others ..Doirhnant@
Pursuant 20 a decree and foreclosure sale en-
tered on tho 10Th day.of December. lsSS by the
Circuit Court OF the city OF Ricsmond. virginia,
In .ae above-styled causes. the undersigned, "a
commissioner appointed by said decree, VIII sell
"A an entirety BY public auction. 10 the highest
bidder. Mt the front door OF the courthouse OF tho
Hastings Court, in the said city, at the hour OF
~ NJ, on the
18Th DAY OF APRIL. 1859.
the entire railroad OF the Richmond and Ale
ghnny Railroad Company, extending from kich-
mond. Virginia, 70 Clifton Forge, Virginia, with
n branch line from Balcony Falls 70 Lexington,
both in said state. together with sl branches OF
said line Of railroads: alt real estate, rights OF
way, 1xtures. Machinery, rollng
stock. tools. equipments. railroad supplies. ana
also all canals, basins, bridges, dams. wafer
powers. waier rights and privileges. ana All
other prODerty-real, PERSONAL. or mixed-snu
all franchises, rights, powers. privileges. and I'M
muuitie. whatever Of The said Richmond ana
Allegheny Railroad Company. a. fully set tortn
I'm the said decree of foreclosure ana sale, print
ID comics 81 which will be furnished by the I'M
dersigned commissioner upon application there
for, personally or by mail. such sale viii be
made subject to certain su%bsisung prior liens
upon portions Of the premises, particularly de-
scribed In the said decree.
The terms Of sal0 will be az follows:
The purchaser al such sale shall dD pay the
sum q $4,000 Ia cash on the day Of sale; ~ n
further sum OF $50. 600 within thirty days after the
confirmation Of sale; and he shall at the same
timo execute a bond, payable on demand. for the
sum OF 1890 O01. the srid bond being for the pur-
pose Of securing the payment and Satisfaction OF
any claims which the Court shall decide should
be paid out Of tie purchase money. payment ot
which said bond will DO secured by a lien retain
ed on all tho property and premises In the con-
veysnce To the purchaser. Tho purchaser shsl
have the privilege OF substituting In the place OF
the bond 20 given the bond Tor ike amount OF
tho corporation resulting from such sale and
conveyance, rs provided In section 1893 or the
Code Of lss7. which la'ter bond shall In ike man
ner be secured by a lien retained in the con-
veyance upon all the property sold under this
decree.
~ "All the residue OF the purchase money.
Including 40 much OF the amount OF said bona
as the Court may nually determine not neces-
sary % be paid in money. msy be paid IN any OF
the outstanding receivers certificates, interest
coupons. registered interest or bonds secured by
the said trust deeds specified In tho nfth and
sixth paragraphs OF this decree at such rate per
centum Of the par value OF the SAID certincatcs.
interest coupons. registered Interest, aud bonds.
a. IN the opinion ~ the said commissioner VIII
bs payable In respect OF such certificates. c0u-
mons. registered interest and bonds, upon distri-
button OF the proceeds OF such sale under the
priOrties OF lions. AZ settled and determined by
this decree. And II any question shall arise "a
70 the ra.c and amount at and Tor which sucl
certificates. coupons. registered interest. and
bonds shall no received loaVe ~ reserved 70 ap-
ply 10 this court on the basis Of this decree.
AN net revenues between date VI sale and
delivery Of possession 20 the purchaser will be
paid over 70 mo purchaser or applied n a credit
upon his purchase money. But no conveyance
Will be made nor the property delivered to tho
purchaser until there has been a final settle
ment OF the accounts II the Receivers and n dis
charge OF them from further liability in tho
premises.
iii the sale shall be- approved by the Court
upon the Commissioners report thereon coming
II the same snail stand confirmed. and 5, soon
A. all tho terms Of sale and conditions A. speci-
fed IN this decree snail have been complied
with and fulfilled, and all acts shall have been
done required hy this decree 10 be done, the plr-
chaser sLaIl be entitled 10 q conveyance OF the
premises. And upon such compliance ana per-
fOrpa1ce - aforesaid. and upon Application
and due proof iheTecf. and upon the a-Sump-
don by The said purchaser 81 all then outstani-
ing lawful liabilities and contracts OF the tie
%ceivers. ana -pon indemniiying the said ke-
ceiyers against The same In such manner "a tho
Court may hereafter detcrunine. the Court will
order a conveyance Of title TO and q transfer OF
ali aud singular The promises 10 the purchaser
Any sale made by tho undersigned shall be
subject 70 the confirmation o. The Court
EUGENE r.. LELAND, Commissioners.
RICHMOND. January 1888.
thereby certify that tho bond required OF f..
r. Leland, commissioner in Defore-fnentiOned
causes. has been duly given.
1esto: ALFRED SHIELD Clerk.
iGI2