Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1892-05-23
Paints, Oils and Brushes

To the Honorable Justice of the supreme judicial
Court sitting in and for the county of Cnmber
land on the second Tuesday OF April, \. D. lsgs
Respectfully represents the Maine Central Rail
road tompany, II corporation established by law
and having its principal office at Portland in said
county OF Cumberland, follows;
l. That the kenncbec and Portland Railroad
Company was chartered April /, ls;s for the pur
poe OF constructing railroad from Augusta TO
Portland;
=. That thereafterwar'ls said railroad company
did construct a railroad from Augusta to Portland
as provided i'll its charter;
3. That on the fifteenth day of October, A. u.
1852, said company mort gagged its said railroad 10
Joseph Mchecn, Marshal :. liagar and John
Patten, trustees, 10 secure bonds issued By il bear
| ing the same date to the amount OF two hundred
| and fifty thousand dollars, subject, however, TO
| several previous mortgages
| I. That tllereafterwardS there was q breach of
! the conditions of said mortgage and in cons,-
quenee thereof proceedings for foreclosure of said
| mortgage were commenced, and such proceedings
had that the foreclosure of said mortgage become
absolute on the eighteenth day of MAY, A. D. isti2
| 8. That on the twentieth day of May. A. ID.
| ls,l under the statutes of the State. the holders
| of the bonds secured by said mortgage, organized
. new corporation under the name of the Portland
! and kennchcc Railroad Company. and by virtue of
said foreclosure and Of the statutes of the state in
! such eases made aud provided, said Portland
| aud kennebec Railroad Company succeeded to all
| the rights powers and privileges Of said kenne-
| bee and Portland Railroad Company and become
the owner of said railroad subject to the prior
| existing mort CAGES.
| o. That on the first dav of Anri A. D. 1866
| said Portland and kenncbcc Railroad Company
mOrtgnged its said railroad TO Artcinas Lhbry Of
| Augusta. James r. Patten of Bath, and William
! l.. Putnam of Portland. Trustees. secure an issue
Of bonds hearing the same date, TO the amount of
million five hundred Thousand dollars payable
! in thirty years from their date:
:. That part of the bonds thus created were
! issued, 10 wit, to the amount of one million one
hundred siXtysx thousand anti seven hundred
| dollars, which said bonds are outstanding
and unpaid, not having Yet become due;
| 5. That on the sixteenth day of November, 4.
d. 1874, by virtue of an act approved February NJ,
| lss3 the said Portland and kcnnebrc Railroad
| Company, became consolidated into said Maine
Central Railroad Company whereby said Maine
| Central Railroad Company succeeded to all the
| rights property and franchises of said Portland
! and keHncIee talroad Company, and Is still pos
sessed thereof, and has also succeeded to all the
liabilities duties and obligations Of said Portland
/ and hrnuebcc Railroad Company including the
payment of the bnu'ls issned a aforesaid.
i. That since the making Of said mortgage by
said Portland aud kennebec Railroad Company
! said james t. fatien has deceased before fully
executing SAID trust:
10. Tia, said Maine Central Railroad Company
is interested To have said trust administered
according Ia its terms and tie provisions Of law
Wherefore said Maine Central Railroad Com
psny prnys that trustee may be- appointed in the
place Of said James +. Patten to finish the eXecu
Iiun of said trust
Dated this twenty ninth day nf hprl. A. u. is!2
MAINE CENrnN RAILROAD COMPANY.
BY DEuMMeSD DEr MMoNp, It, Attorneys.
STATE ~ MAINE, Cumberland, sat- the Su-
prt.nIc judicial Court. begun aud held ut Port
land within and for laid county OF Cumberland,
ON the second Tuesday of April, Ammo Domini
lSEl.
Upon the foregoing petition, Ordered That the
petitioner give public notice thereof, by publish
ing an aitested copy of said petition and of this
order of Court thereon, once week for three
weeks successfully in the Daily kennebec JorR-
NAL, newspaper printed in Augusta in the
county Of kenneber, the last Of said publications
be thirty DAYS at least before the second Tues.
day OF October, A. u. 1Sq., that all persons inter.
e-it- may then aud there in said Court appear
and show cause, if any they have why the pray
of said petitioner should not be granted
Attest: H. G. STONE. Clerk.
\ true copy of Petition and order of Court
thereon. Attest: T.. G.. STONE, Clerk
Il