Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-03-13

l..
Trustees. ...-...............Som plainaDts'
against
Tho Richmond and Allegheny Railroad Com
pany and Others. .Deien1antA
p Henry NJ. Alexander and Henry X. Ellyson,
Trustees. ........'.'.'''.. .Nomplalh"h'S'
against
The richmond and Allegheny Railroad Com
pany and Others......... ..Deiendah's
Pursuant TO a decree and foreclosure sale en-
tered on the 1911 day OF December, loos by the
Circuit Court Of the city OF Richmond. NrsiniA
In the a6ove-styiei causes, the undersgneu, a.
commissioner appointed by said decree, VIII sell
AS an entirety by public auction, 10 the hlghest
bidder NJ the front door OF the courthouse OF mo
Hustings Court, IN the said city, az he hour oil
Il NJ, on the
18Th DAY OF APRIL. 1880.
the entire railroad OF the Richmond and Ale
ghany Railroad Company, extending from Rich
mond. Virginia, to Clifton Forge, Virginia. Win
q branch line from Balcony Fails TO Lexington,
both in said STATE. together with all Dra1 nos or
satd limo Of railroad: all real estate, rights OF
way, casemsss. fixtures, machinery, rolilng
stock. tools. equipments, railroad supplies, ana
also all canals. basins, bridges. dam. water
powers. va eT rights and privileges. ana all
other prOuerty-real, PERSONAL, or mlEed-Rnl
ali franchises, rights powers. privileges, aud i'm
muuities whatever OF The said Richmond and
Allegheny Railroad Company. "a fully set forth
in the said decree OF force Osure aud sale. print
ed copies Of which will be furnished by tle I'M
dsrsigned commissioner upon application tnere-
for, personally or by mail. such sale will be
made subject 10 certain suOsistiug prior liens
upon portions Of the prem ises. particularly de-
scribed In the said decree.
The terTns Of salo will DO az follows.
"The purchaser A. such sale shall ~ pay the
sum Of $4,000 IN cash on the day OF sulei ~
further sum OF $780, coo within thirty days after the
confirmation OF sale; and be shall at the same
time execute bond. payable On demand. iOr the
sum Of 500 0O0. tho said bond being for the pur-
pose OF securing the payment and saiisiactlon OF
any claims which the Court shall decide should
be paid out Of the purchase money. payment OF
which said bond will be secured by lien retain
ed on all the property and premises IN inc con,
yeyance 10 tho purchaser. Tho purhaser shall
have the privilege OF substituting IN the place OF
tho bond so given the bond for like amount OF
the CORPORATION resulting from such sale ana
conveyance as provided In section l%}3 OF the
Code OF 1851, which lattor bond shall Ia Ike man
ner be secured by lien retained IN ih9 con-
veysnce upon all tho property sold under this
decree
fs1 All the residue Of the purchase money.
Including 80 much OF tho amount Of said bond
"a the Court may fually determine not neces-
s1ry 10 be paid in money. may be paid In auy OF
the outstanding receivers certificates intertss
coupons, registered iatorest or bonds secured by
the said trust deeds specified IN the hitn ana
sixth paragraphs OF this decree at such raie per
ceutum OF the par value OF the said certificates.
interest coupons. registered interest, ana bohds,
as In tho opinion Of the said commissioner Will
be payable in respect OF such certificates. cOu-
nom, registered interest and bonds. upon dlstri-
button OF the proceeds OF such sale under mo
prlorites of liens, as settled aud determined by
this decree And II any question shall arise As
10 the rate and amount at and Tor which sucn
certificates. coupons, registered interest. and
bonds shall be received leave Is reserved 10 ap-
ply 20 this court on the basis Of this decree.
All net revenues DakWeen date OF sale ana
delivery OF possession % the purchaser Will 90
paid over TO the purchaser o. applied "a a credit
upon his purchase money. But no conveyance
will bs made nor the property delivered % The
purchaser until there has been hna! settle
ment OF the accounts II the Receivers aud a dis
charge OF them from further liability In tho
premises.
"If the sale shall be approved by the Court
upon the Commissioners report thereof coming
IN the same shall stand confirmed, and 50 soon
as all the terms OF sale and conditions as speci-
fed in this decree shall have been compiled
with and fulfilled. and all acts shall have Deen
done required by this decree TO b~ done. the pur-
chaser all be entitled 10 O conveyance OF the
premises. And upon such compliance and per-
formRuce "a aforesaid and upon application
aud due proof thereof and upon the assump-
ton by the said purchaser OF ell then outstand.
ing lawful liabilities aud contracts of the he-
ceiyers, and upon indemniiyng the seid Re
ceiyers against the same In such mannsr as th9
Court may hereafter deterrliue. the Court will
order a conveyance Of title to and 4 transfer OF
all aud singular the premises TO the purchaser"
Any sale made by tho undersigned snail be
subject 70 the confirmation Of the Court
EUGENE Il. LELAND, Commissioner
RICHMOND, January 3 lssB.
thereby certify that the bond required Of z.
X. Leland. commissioner In aforementioned
causes, has been duly given.
Testo: ALFRED SHIELD, Clerk.