Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-01-24
By n W. Bowe,
Real Estate Auctioneer,
No. 4 Eleventh street, Richmond, Va.
DICHMOND AND ALLEGHENY
H. RAILROAD COMPANY.
FORECLOSURE SALE

EOhhtbO'NRE S-hLA.
1. Herbert I. Terrill and Thomas s. BocOck,
Trustees. ........ ..SohpialhanVs'
against
paay and Others. ................ Defehd9hts
Q Henry NJ. Alexander and Henry X. Eiyson,
Trustees. oiipisinan'S'
against
pany and Others. -.DetendantA
Pursuant to a decree and foreclosure sale en-
tered on the 18th day Of December. leoS by the
Circuit Court OF the city OF Richmond, virginia
in the aboye-styled causes, tho undersigned, as
commissioner appointed by said decree, VIII sell
as an entirety by public auction. TO the hlghest
bidder at the front door OF the courthouse OF the
Hastings Court, IN the said city, At the hour OF
IL NJ, on the
16rHDAY OF APRIL. 1889.
the entire railroad OF tbs Richmond and Ale
ghany Railroad Company, extending from Rich
mond. Virginia, 10 Clifton Forge, virginia. WIN
a branch lino from Balcony Falls 10 Lexington,
both in said state. together with all branches OF
said line Of railroad: ali real estate. rights OF
way, easements. fixtures. machinery, rolling
stock, tools. equipments, railroad supplies, ana
also all canals, basins, bridges. dams, water
powers, wa,sr rights and privileges. and all
Other property-real, personal, or mixed-and
all franchises, rights, powers. privileges, and I'M
muniies whatever OF he said hichmond ana
Allegheny Railroad Company, as fully set forth
In the said docree Of foreclosure and safe, print
ed copies Of which will be furnished by the UNI
dorsgned commissioner upon application thore-
| for, personally or by mail. Srcn sale viii be
made subject 10 certain subsising prior liens
upon portions OF the promises. particularly de-
scribed i'm the said decree.
Tho terms OF sale will be ss follows:
"The purchaser al such sale shall % pay tho
sum of 10000 IN cash on the day Of saloi 60
further Of $50 COO within thirty days alter the
confirmation Of sole: and be shall at Tho same
time execute bond. pa able on demand, iof the
sum Of 500 900. the SAID bond being for the pur-
pose Of securing the payment and saiisfaction OF
any ci aims which tho Court shall decide should
be paid out Of the purchase money, payment OF
which said bond will be secured by y lien retain
ed On all the property and promises IN the con
yevance % tho purchaser. Tho purchaser shall
have the privilege OF substituting Ia tho place on
tho bond 30 given the bond for like amount OF
tho corporation resulting from such sale AMI
conveyance IA provided In section 1898 OF the
Code OF 1881 which latter bond shall In Ike man
ner TO secured by q lien retained IN tho con
yoyanco upon all the properly sold under TINS
decree.
Including 80 much Of the amount Of eatd bond
a. the Court may finally determine not neces-
sary 10 be paid in money. may be paid In any OF
ths outstanding receivers certificates. interest
coupons, registered interest or bonds secured by
the said trust deeds specified in the NTH and
sixth paragraphs OF this decree at such rate per
centum OF the par value OF the said certlncateS
Interest coupons. registered Interest. aud bonds,
DO payable In respect Of such certificates. cou-
pOns registered Interest and bonds. upon distri-
button OF the proceeds OF such salo under tho
priOrlties OF liens. ne settled and determined ny
this decree. And II any question snail arse as
10 the ratio and amount at and Tor which such
certificates. coupons, registered interest," anu
bonds shall 30 received Leave - Reserved 70 APP
ply 20 this court on the basis OF this decree.
"Au net revenues between date OF sale ana
delivery OF possession 20 the purchaser will 10
paid over 10 the purchaser or applied ~ credit
upon his purchase money But 10 conveyance
will be lnnie nor the property delivered 20 the
purchaser until there has boon final settle
ment OF the accounts Of the Receivers and dis
charge OF them from further liability IN the
promises.
III the sale shall be approved by the Court
upon the Commissioners report thereof coming
ia the same shall stand confirmed, and 50 soon
as oil tho terms OF sslo and conditions ~ speci-
Ned IN this decree shall have been compiled
with and fulfilled, and all acts shall have peon
done required by this decree 70 be done. the p1r-
chaser ~ all be entitled to a conveyance OF the
promises. Aud upon such compliance ana per-
Torrance as Aforesaid, and upon application
aud due proof thereof. and upon the a7s1mp-
ton By the said purchaser Of all then outstond
ing lawful liabilities and contracts OF tho re
ceiver, ana upon indomnilylng the sad Re
ceiysrs against the samo In such manns- as tho
Court may hereafter determine. the Court will
order coGve yanco OF title 10 and n transfer OF
all aud singular the prem ses 70 the purchaser"
Amy sale made BY tho undersigned saall be
subject to the confirmation Of the Court
EUGENE n. LELAND, COMMISSIONS.
RICHMOND. January 3 1889.
hereby certify that the bond required OF f.
r. Leland. commissioner in aforementioned
causes, has been duly given.
Te5to: ALFRED SHIELD, Clerk
tAT2