Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1892-05-16

10 the Honorable Justice of the supreme .iudieia
Court sitting III and for the county of Tumhcr
iuud on the Second Tuesday of April. 4. y. lSge
Respectfully represents the Maine Central Rail
road Company, II corporation established by law
aud having is principal office at Portland in sait
county of Cumberland, ~ follows
/. That the keunrhcc and Portland Railroad
Company was chartered Apr l., shi, for the ,nr
pose Of constructing railroad from augusta tt
Portland,
. Fiat thercafterNHr,l, said railroad rompnn,
did construct :lilrnui from Augusta 10 Portland
A. pro, lded in it, churtrr:
J. That ON the fifteenth day If October, \. -
1852, said COMPANY NOR gagged lis said rulrund IA
Joseph Mchccn, Marshal :. lIagur and john
fAttrn trustees, 10 secure bonds Issued by II hcur
ing the sanle date 20 fhr amount Of two hundred
and ittN Thousand dollars subject, however, to
several prtN I1us mort gugtS
l. That thercuftorn ard, there was breach Of
the conditions Of said mprr gage. aud IN ran-,4
pucncc thereof proceedings for foreclosure of .aid
nor'gag were commenced. and such proceeding
had that the forrclosur" Of said mort cage hcrnnr
Hbsolut" On the eighteenth day al Mas. \. ~. ls1.
., That on the twentieth duy Of N!,, 4 H.
$50. under the statutes of the STATE. the holders
~ III" bonds secured by said mort gage, organized
II nuW corporation under ;h, name al the Portland
aud hcunrhpc Railroad Company, aud lty lrftr of
said Foreclosure" and oi the statutes 81 the Stai IN
such ci~rs matr aud provided, said Portland
and kcHth rr iiuilrmd COMPANY succeeded 10 all
til, Tight., powers and pgi, iicyrs Of said kenn-
bee AMI Portland Railroad Unpuiv and become
the owner of SAID railroad subject to the prior
existing morig cages.
-. ltlI on tue Hl~t nav ut AITIi, y. u. lSlii,
said Portland and krnnchec Railroad COMPANY
uurtgHr,d it, sHd fiilr,l,d tu ARENA I,J,I.y ii
Augusta james +, pattcu of Bath aud William
l.. iutnAiu of Portland Irus,r- 10 secure an issIr
bonds bearing the siiur date Ia Tia. iuununt Of
one milhon ilNr hundred thousand dollars PAYABLE,
IN tllrty wears from HER date,
:, Tint q part of The bonds thus created were
issued, Ia wit, to- the amount ~ one milliuu one
hundred -tNty--IN thousand and seven hundred
dollars, WHICH SAID l'puds are nov outstanding
ami unpaid. not h.ty tlt.. set ircpn!e due.
:. That on III >iNt.rItE ra, of November, \.
u. ~, by virtue Of I'm act approved February aii
lsst the said Portland aud krun'hrc Railroad
"hlNhNa t'rHln, '"' 'L'"ird into rHil Mann"
,th,.', ';;'!i"A" ""i"'hN' "h''tf,f ha"i MANN
r4,''I inf"h" o'aNF 'Nrt'"'hn 10 nll thr
w, NY lI""'n,''N "l -a'" i1r'lHhh
al" hri@'i3cc 'dHif"td '"3npan,, aud T. still pos.
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