Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-03-08
By w. Bowe,
Real Esste Auetioneer.
No. 4 Eleventh stree, Richmond, vs..
DICHMOND AND ALLEGHANY
III RAILROAD COMPANY.
FORECLOSURE SALE.


FORECLOSURE SALE
I. Herbert l. Terrlu amt Thomas 8. BococS,
Trustees. ........ ..............,Oompl -
against
Tho Richmond aud Allegheny Railroad Com
pany and Others. ..................D Dele nlautS.
. Henry N. Alexander and Henry *. ElysOn,
Trustees. .-.............. ....... ComplsinaAls'
Tho Richmond and Allegheny Railroad Com
pSny and Others.......... ........ .Detsndan&
Pursuant 10 a decree AMI foreclosure sale en-
tered on the 1871 day Of December 1855. 10y ina
Circuit Court Of the city Of Ricom0nd. Nirslnla,
10 the abOVe-styieI Causes, Lle undersigned, ~
commissioner appointed hy said decree, viii sell
~ an entirety by public auction. tO tie highest
bidder At th front door Of the cOuTt-hO uso OF the
Hastings Court, in the said city, a. the hour OF
IL NJ, on tho
10TH DAY or APRIL. 1889.
the entire railroad OF the Richmond and Ale
chany Railroad Company extending from kch-
moud. Virginia. 20 Clifton Forge, Virginia. win
a branch line from Balcony Fails 70 Lexington.
both In said state tOge her with all bran. hes OF
said line Of reilruad: ali real estate, rights OF
way. Casements. bBtures, machinery, roIl &
stock, tools. equipments. railroad supplies, ana
also all canals. basins, brjges. dams. water
powers, wa o. rights ami priYilogaa Aud an
Other prouerty--reai ersOnal. or mixed-ani
all franchises, dgas, powers. privileges, and I'M
ruLities whatever OF he sad Richmond and
IN tue said decree OF force Osdre aud sale print
Ell copies Of which will Do furnished BY the I'M
ders.gned cOmmissioner upon application there
for. personally or By mail such safe viii be
made subject 10 certain subsisiing PROV liens
upon portions II The premises, particularly de-
SER bed in The said decree.
Tho terms OF sa will be ss follows:
Tho purchaser a such sale shall ~ pay tho
sum Of $4,000 in cash on thu day 81 sale; O.
further sum OF $4,000 wiinn thirty days after tho
confirmation OF sale; and he shall et mo same
time execute a bond, payable on demand. Tor tho
sum Of $500 000. the said bond being for the pnr-
pose Of securing the payment and Satisfaction Of
any claims which the Court shall decide should
be paid out Of the purchase money, payment OF
which said Doud will be secured by lien re ain
ed N AL thu property aud premises in tho cOu-
veyance - the purchaser The purchaser shall
have the privilege OF subs itutiug 10 tho place OF
tho bond 80 given the bOud for like amOuut OF
the corporation resulting from such sale and
conveyance, rs provided III s@cuOn 1&3j OF tno
Code OF 1881, which latter bond SHALL In Ike rlsn-
ner be- secured by a lien retained In tho con-
yeyance upon all he property sold under this
decree.
cl IAN tho residue Of the purchase money,
inclIding 30 much OF tire anouDg o. said bono
"a the Court may Gually determine nos neces-
sary 10 be paid In money. may be paid IN &ly OF
the outstanding receivers certificates interest
coupons. registered interest or oOn15 secured "
the said trus5 deeds specified IN tue httn eni
sixth paragraphs OF tnis decree at sacn rae per
ceutum Of the oar value OF the said eeriiicste',
interest coupons. registered interest. aud bonds,
az in the opinion Of the said cOmuiiss ouer VIII
be payable in respect OF such certificates. cOu-
pOn- registered interest and bonds, upOn distr!-
button OF the proceeds OF such sale under the
pFiorties Of liens. "a settled aud determined Dy
this decrse. And II any question shall arise -
20 the rate and smount at and Tor which sucn
certificates. coupons. registered interest, ana
bonds shall be received leave IS reserved - ap-
ply 20 this court on tue basis of this decree.
"Al, net revenues between date Ot sale and
delivery Of possession to the purchaser vii 30
paid over 10 the purchaser or applied - credit
upon his purchase money. But no conveyance
viii be made nor the property delivered b tie
purchaser until there has Deo1 final settle
mens OF the accounts II the Receivers aud dis
charge OF them from further liability In the
premisss.
III the sale shall DO approved by the Court
upon the Commissioners report thereof coming
IN the same shall stand confirmed. and 81 sOOn
40 ali the terms Of sale and CONDITIONS az epecl-
fed in this decree snail have been compiled
with and fulfilled. and all acts shall have Deen
done required by fhis decree 20 BE- done. the pur-
chaser sail bo entitled 20 conveyance OF tho
premises Aud upon such compliance snd por-
fOrmance a. Aforesaid, and uDou Application
sud due proof tneTeof. and upon the assuiap-
ton by tho said purchaser OF all then Outstani-
ing lawful liabilities and contracts OF tbs We-
csiTers, ana upon indemnifying he said tie
ceirers against the same In such name IS the
Court may hereafter determine. TIE Court will
order q conveyance Of title - and u transfer OF
all aud singulRc ths premises % the purch ~oer."
Any sale made by tho gndsrs gued snail be
subject TO the confirmation OF the Court
EUGENE 4. LELAND, Commissioner.
RICHMOND. January 1889.
thereby certify tina. tho bond required Of E.
r. Leland. commissioner in aforementioned
Teste; ALFRED SHIELD. Clerk.