Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-02-21
DICHMOND AND ALIEGHANY
LII RAILROAD COMPANY.
FORECLOSURE SALE

I. Herbert L. Terrill and Thomas S. Bocock,
Trustees. ........ ............... Com lalnan g.
against
The Richmond and Allegheny Railroad Com
. Henry NJ Alexander and Henry Is. slyson
Trustees. .....-. Compiaihanls
against
The richmond aud Alleehany Railroad Com
pany and OtleTs................... .DeIsuudheA
Pursuant 10 a decree and foreclosure sale on
tered Ou tue 1871 DAY of December. 1888 by tho
Circuit Court OF the city Of RcpmOnd. Nr.inA
Ia the abovc-5tyled causes, tue undersigned, q,
commissioners appointed by said decree, viii sell
as an entirety by public auction. 70 the highest
bidder Rt the irons door Of the cOurt-bOus9 OF the
Hastings Court, IN the said city, al the hour OF
~ NJ, On the
18TH DAY OF APRIL, 1889.
the entire railroad u the Richmond and Ale
ghany Railroad Company extending from kch-
mould Virginia, 10 Clifton Forge, virginia, vita
n branch iue from balcony falls 10 Lexington,
both in said state. together with all branches OF
said limo Of railroad; all real estate, rights oil
way, casementB hZtures. machinery, rolh 3
stock tools equipments, railroad supplies, and
as0 all canals. basins, bridges. dams. water
powers. wa or rights and privileges and all
other pro- erty-reai, rersonHl, or mi1ed-ard
ell franchises, rights powers privileges cnd I'M
muLites whatever OF The said Richmond aud
AlIeghany railroad Company, az fully set form
In the said decree Of force osure and sale. print
ed copies Of which will 90 furnished by the un-
dersigned commissioner upon application tnere-
for personally or by mail such naie will be
made subject to cer.ain subsi5ting prior liens
mon portions OF the prem ises, particularly de-
scribed IN the said decree.
The terms OF sale will be ~ follows:
"Ihe purchasers such gale shall % pay tho
sum Of 5000 in cash on tho day of sale; q "a
further sum Of $50 100 within thiry days after the
confirmation OF sale; and be shall at the same
time execute bond, payable On demand, 10Y mo
sum OF 500 O0), the said bond oolng Tor the pur.
pose of securing the payment aud Ba,lsiacuon OF
any claims which tho Codrt chall decide shoula
be paid out Of the purchase money. payment ot
which said bond will be secured by a lien re ALL
ed on all the property and promises IN Tue con-
yeyance - the purchaser. The purchaser 7hh
have the privilege o, subs ituting IN the place ~
the bond 80 given the bond for Ike amount OF
the corporation resulting from such sala ana
conveyance, as provided IN eectOn 1873 OF the
Code OF 1881, which attcr bond shall In Ike 1Sn-
ner bs secured by a lien retained IN the con-
yoyance upon all tho property sold under TINS
decree.
O. "All the residue Of the purchase money,
including 80 much Of the amouub OF said bona
as the Court may finally determine no, neces-
ssry 70 be paid In money may oe paid IN any ot
the outstanding receivers csrtncates, tuteress
coupons registered interest or bonds secured ~
the said trust deeds -peched Ia the M.h AM
sixth paragraphs OF this decree at such raie per
centum OF the par value OF tue said certincateS
interest cOuponA registered interest ono Donds,
as ia the opinion Of the said commissioner Will
be payable In respect Of such certificates cOu-
pons, registered interest and bonds, upon distrl-
button o. the proceeds OF sucD sa0 under tho
prior ties Of liens. as settled and determined BY
this decree. And II any question snail arse aS
70 the rate and amount at ard Tor when such
certificates. coupons, registered intoresj, snd
bonds shall be received leave $ reserved % ap-
ply 10 this court on the basis Of IBIS de rec.
"All net revenues between date OF sale ana
delivery Of possession 20 the purchaser Will %
paid over % the purchaser or applied a. credit
upon his purchase money. But no conveyance
will be made nor tho progeny delivered 10 me
purchaser until there has been final settle
ment OF the accounts Of the Receivers and a dis
charge OF them from further liability In iae
promisss.
ali the sale shall be approved By the Court
upon the Commissioners report thereof coming
IL the same shsil stand confirmed. ana 50 sooli
as all the terms OF sale end conditions as speci-
fed in this decree snail have been compiled
with aud fulfilled, and all acts shall have been
done required by snis decree 10 be- done, the pur-
chaser 81 al be entitled 20 a conveyance OF tho
premises. And upon such compliance and per-
Torrance as Aforesaid. and upon application
aud due proof thereof. aud upon the as'ump-
ton by The said purchaser o. all then OUtstGId-
ing lawful Liabilities snd contracts OF the Be-
ceivers, AMI upon indemnifytng the said he-
celyers against the same la such manner as Lne
Court may hereafter determine, the Court viii
order a conveyance Of titio 10 and transfer OF
all and singular the premises 10 the purchaser"
Any sale made by tne undersigned snail DO
subject 10 the confirmation Of the Court
EUGENE X. LELAND, Commissioners.
RICHMOND. January 1852
thereby certify that the bond required Of 2.
r. Leland. commissioner ia aforementioned
causes. has been duly given.
Teste: ALFRED SHIELD, Clerk.