Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-03-24
AUCTION sales.--future Days.
BY Y W. Bowo.
Real Esiate Auctioneer.
No. 4 Eleventh street. Richmond, Va
DICHMOND AND ALLEGHANY
III RAILROAD COMPANY.
FORECLOSURE SAIL

/. Herbert L Terrill and Thomas 3. Bococs,
IrRtees. ........ ...............Nomp lalnhDt3,
against
The Richmond and Allegheny Railroad Com
pany and Others...................D eie niants.
Henry NJ. Alexander and Henry X. klyson,
Trustees. ........................C Comp ainants,
against
The Richmond and Allegheny Railroad Com
pany and Others.......... .........- Defsndant%
Pursuant 70 a decree and foreclosure sale en-
tered on tho 18th day Of December. iSSS ~ he
Circuit Court Of tho city OF Richmond. virginia,
In tho sbOye-styled causes, tho undersigned, a.
commissioner appointed by said decree, will - I
es an entirety by public auction. % tie highest
bidder At the front door Of the cOurthouse Of n q
Hastings Court, ia the said city. a. tho hour Of
u NJ, on the
I6rHDAY OF APRIL. 1889
tho entire railroad OF the Richmond and Ane-
ghany Railroad Company EXCEEDING from k'ch-
mOnd. Virginia. 70 Clifton Forge. virginia. with
d branch line from Balcony FAILS 10 Lexington,
both In said State. together with all brauches OK
said line % railr0ai. all real estate. rights Oh
way, easements, h1mres, machinery, rolling
stock. tools. equipments, railroad supplies. AMI
also ali canals. basins, bridges. dam. water
powers. wa or rights and privileges. and all
other prOgerty-real, personal. or miNed-aud
all franchises, rights, powers. privileges, and I'M
muuitle5 Whatever OF tbs ssid Richmond and
Allegheny Railroad Company, rs fully set forth
In the said decree OF foreclosure aud sale, print
ed copies Of which will be furnished by ths I'M
dersicnad OmmissiOner upon application tnors-
for, personally or by mail. such sale will be-
made subject 20 cerlain eubsisiing prOr liens
upon portions OF the promises, particularly de-
scribed Ia tho said decree.
The terms % sale will be as follows:
"Ih. purchaser az such sale shall Cd pay The
sum OF $50 900 In cash on tho day ~ sale; o. a
further sum Of s5OOO0within thirty daTs after the
confirmation Of sale. aud be shall al the same
time execute a bond. payable on demand. for the
sum OF 600 co., the said bond being for the pur-
pose Of securing the payment and satisfaction 81
any claims which the Court shall decide should
be paid ont cf the purchase money, payment OF
which said bond viii DO secured by lien retain
ed on all the property and premises IA the con-
yeyauce ~ the purchaser. Tho purchaser snail
have the privilege OF substituting IN the place u
the bond go given she bond for like amount OF
the corporation resulting from such sale and
conveyance, H3 provided IN section 1893 OF the
Code Of ISL which iattor bond shall In like man
ner be secured by lien retained IN mo con-
veyanco upon all tho properly sold under THIS
decree.
81 "All the residue Of tho purchase money,
Including 50 much OF the amount OF said bond
as the Court may nually determine not neces-
sary 20 be paid in money may be paid In any ~
the outstanding receivers certificates. Interest
coupons registered interest or bonds secured by
the said trust deeds specined IN the NTH AMI
sixth paragraphs OF this decree at such rate por
centum Of the par value OF tho said certificates
interest coupons registered interest. and bonds.
Ms IN the opinion Of tho said commissioner Will
be pAyaDlc IN rcspetL OF sucu ctlllu'htcn- cou-
pOn-, registered interest and bonds, upon disiri-
button o. the proceeds II such sale under tho
priOritles OF liens. as settled and determined ny
this decree. And II any question shall arise aS
10 the rase and amount az and Tor which such
certificates. coupons. registered interest and
bonds shall be received Leave il reserved 10 ap-
ply % this court Gu the basis Of his decree.
"Au not revenues between date Of sale aDd
delivery OF possession 10 tho purchaser will %
paid over % the purchaser OF applied a. credit
upon his purchase money. But 10 conveyance
will DO made nor tbs property delivered 10 the
purchaser until there has been a anal settle
ment or the accounts Of the Receivers and a dis
charge OF thom from further liability In the
premisss
III tho sale shall be approved by tho Court
upon the Commissioners report thereof coming
IL the same shalt stand confirmed. and 80 soon
all the terms OF sale and conditions a. speci-
fed ia this decree snnil have been compiled
with ana fulfilled, and all acts shall have been
done required by tins decree 10 be done. the pur-
chaser sLRn be entitled 30 a conveyance OF tho
premises And upon such compliance and por-
fOrmeuce ~ aforesaid, and upJn application
aud due proof Inerecf. and upon tho assump-
ton by the said purchaser OF all then Ouistand-
ing lawful liabilities and contracts Of tho Re-
ceiyers, ana upon indemnifying the said he
cevers againet the same iu such manner as the
Court may hereafter determine, tie Court will
order a conveyance u tiIo " and a transfer Of
al and singular tho pre- misses 10 the purchaser
Any sale made by tho undersigned shall DO
subject 70 the confirmation % the Court
EUGENE X. LELAND, Commissioned
RICHMOND. January , lsc9
thereby certify that the bond required OF 2.
r. Leland, commissioner Ia before-mentionsd
causes, has been duly given.
Testo; ALFRED SHIELD; Clerk.