The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-07-04
RECEIVERS SALE.
RECFTVER'S SALE

FINDER and by virtue of decree granted
- by the superior court of the county of
Mcintosh in the state Of Georgia on the ed
day Of May, 1893, in the case Of THE CONfI-
MENTAL TRUST COMPANY EFT AL, VS..
THE DARIEN SHORT LINE RAILROAD
COMPANY EFT AL, will sell in the
the County Court House, in the said city, be-
tween the legal hours of sale, on TUESDAY,
the 4th day of July, 1898, all the property,
assets, rights, privileges and franchises of
every kind and description belonging to the
defendant, The Darien Short Line Railroad
Company, railroad corporation Of the state
ofIGeorgia or connected with the said railroad
company. The property consists of the rail
road situate and being in the counties of
Mcintosh and Liberty in the state of Georgia,
and now being operated by me as receiver,
the same being nineteen miles and fraction
In length with terminus at the
from the town Of Darien. fifteen
miles ofwhich said railroad is in the county
of Mcintosh and the balances in the county of
Liberty; also of its terminus and terminal ia
ciltles at Sapelo, consisting of twenty (20)
acres OF land conveyed to said railroad com
pany by G. H. Hopkins; about fifteen hun
dred acres in Liberty county near the Mcln-
tOsh line; certain conditional donations OF
land, six thousand five hundred and seventy
nine and one-hah acres of which are located
in the county OF Mcintosh, and three thou
sand two hundred and seven and one-half
acres of which are in the county OF Liberty;
certain conditional donations of thirty-stX
lots in the town of Darien, in the said county
of Mcintosh; the tracts, rights OF way,
bridges, viaducts, culverts, rOadbed and
structures of every kind connected with the
said railroad or appurtenant thereto; also,
two locomotive engines, twenty nat cars,so
loose railroad iron, and generally all property
and assets of every kind connected with the
said railroad or its operation.
The SAID property and assets will be sold In
their entirety and clear OF all liens ana Will
be made to the highest and best bidder at
public cutlery. Before any bid Gun be ac-
cepted or recognized, a deposit Of at least
FIVE thousand $4,000 dollars shah be made
by q bidder. In addition to said deposit, 90
per cent. Of the amount bid shall be paid i'm
mediately by the bidder at the time OF sale
or the property shall be at once reOfered and
resold The balance of the purchase money
shall be paid within twenty (20) days after
the sale. In case of any resale on failure
of the purchaser or purchasers to comply
with the conditions of the sale or to make
full payment within the time specified the
said deposit, under the said decree is to be
forfeited as a penalty for noncompliance.
chase of the property in addition to
the deposit OF 5000 % may be paid
either in cash or in bonds, or the overdue
coupons belonging thereto secured by the
mortgage on the property, such bodds and
coupons being receivable at such price or
value as would be equivalent to the distri6u-
tive share that the holders would be entitled
to receive in case the entire amount OF the
bid was paid in cash and was distributed to
the bonds now outstanding and secured by the
said mortgage.
The said sale is subject to the continuation
of the Judge of the Superior court OF the SAID
county of Mcintosh
GEORGE f. ATWOOD,
Receiver Of the Darten Short Line Railroad
Company.