The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1893-11-16
Commissioners Sole Of the Nari-
eta h North GEORGIA RAILWAY.

eta + North Georgia Railway.
/ Under and by virtueof Decree of Foreclosure
| and sale rendered by the Circuit Cours OF the
United States for the Northern District of Georgia
! on the 18TH day of May, 1898, and thereafter by
the Circuit Court of the United States for the East
ern District of Tennessee, Northern Division and
the Circuit Court of the United States for the
Western District of North Carolina, in Equity
Causes wherein the Central Trust Company oil
New York and the Boston Safe Deposit q Trust
Company, are com piainaDts, and Marietta q North
| georgia hallway Company and others are defend
ants being consolidated causes Nos. 359 and All in
the Circuit Court OF the United States for the
Northern District Of Georgia and by virtue of an
order or decree passed by the Circuit Court of the
United States for the Northern District OF Georgia
on the goth day of June, $685. and ratified and
adopted by the aforesaid Circuit Courts of the
United States for the Eastern District of Tennes-
see, and Western District OF North Carolina; We
the undersigned Special Commissioners, shall pro-
coed to offer at public sale to the highest bidder or
bidders, on the premises at the passenger station
OF said Marietta Il North Georgia Railway in the
town OF Marietta, in Cobb County, State of Geor-
gia, at u o'clock noon on Monday the 11th day of
December, 1898, all and singular the corporate
property and franchises OF said Marietta & North
Georgia Railway Company, the line of railway ex-
tending from the town Of Marietta, in Cobb Conn
ty, Georgia, through the counties of Cobb Pickens
Cherokee, Gimer and Fannn to the town of Blue
Ridge, in Fannin county, Georgia, and thence on
10 the city Of Knoxville, in Knox county Tennes-
see, through the counties of Polk, McMInn, Mon
roe LoudOn, Rlount and Knox, being tota! dis
lance of about 205 miles from Marietta to Knox
vile, being a standard guage road, and about
1851 miles lying in the State of Georgia and about
l09.3l miles lying in the State of Tennessee and
also the further line of said railroad, being mar
row guage road, extending from the bown of Blue
Ridge, IN Fannin county, Georgia, to Murphy, in
Cherokee county, North Carolina, distance of
about % miles, there being about 1851 miles in
the State OF Georgia of this narrow guage road
and about IL. 40 miles in the State of North Caro-
INA; together with all and singular the proDerty
and estate OF said company OF every kind, real,
personal or mixed, whether within or outside the
location OF said railway and however acquired
and all other lands, station houses bridges build
ings, fixtures and the equipment, rolling stock
machinery, tools, implements and furniture what
ever connected with or belonging to the said line
OF railway and also all rights, privileges franchs-
es, leases contracts chooses in action and similar
property, whether legal or equitable, belonging to
sald Marietta IL North Georgia Railway Com pany
or to which it is in any way titled; and also all
right title, claim, interest demand of the said
Marietta IL North Georgia Railway Company in
and to the line of telegraph upon its right of way.
The said standard guage and narrow guage road
lying in the State OF Georgia will be offered for
sale separately and as one parcel, together with
the proportion OF equipment, material and sup
plies appertaining thereto; and the said standard
guage road lying in the State of Tennessee. and
the narrow guage road lying iR the State of North
Carolina VIII Oe offered for sale separately and as
one parcel, together with the proportion of equip
ment, material and supplies appertainng thereto;
and then the whole of said standard guage and
narrow guage road and appurtenant property will
be offered Tor sale together an entirety and the
ids aggregatng the greatest amount will be ac-
cepted, as pointed out and provided for in said
Decree OF Foreclosure and Sale. And for a more
particular description of said property well as
Tor the specific terms and conditions of this sale
reference is hereby made to the Decree of Fore
closure and Sale which was had and entered as
aforesaid on the 18th day of May, 1898; and also
reference is hereby made TO the report of the
Special Master, b. II. Hill, Esq, showing the
SPECIFIC equipment ana other property that belongs
to and is to be sold with each separate parcel of
said line Of railway aforesaid. At said sale no
bid will be received for that portion of said rail-
way lying in the State of Georgia and the appur-
tenant property for less than $3.50, 900, and de-
post OF $4,000 in cash certified check at the
time of making the bid will he required from the
bidder for said portion OF said railway lying in the
state OF georgia; and at the time OF said sale
bids will be received Tor those parts of said line of
railway lying in the states of Tennessee and North
carolina and the appurtenant property for less
than TlOO,OOO and deposit OF $4,000 in cash or
certified check at the time Of making the bid will
be required from the bidder. When the whole of
SAID line OF railway lying in the states of Georgia,
Tennessee and North Carolina and the appurte-
naat property is offered for sale as an entirety
then no bid will be received for less than a sum
greater than the aggregate amounts of the separ-
ate bids for the separate parcels of property as
aforesaid, and deposit of S150000 in cash GER
titled check at the time of making the bid will be
required from the bidder for the whole system of
railway The balance of the purchase money NAV
be paid in cash or by bonds issued under the
mortgages now being foreclOsed, as provided for
III the Decree OF Foreclosure and Sale and is SUBJ
Iect 10 continuation by the circuit Court OF the
United States for the Northern District of Georgia
This 18th day OF September, 1898.
ROBERT J. LOWRY, and
j. b. GLOVER,
Special Commissioners.
Butler, Stilman & Hubbard and Henry B.
Tompkins Solicitors for Central Trust Company
OF New York.
"By order of the Circuit Court of the United
States for the Northern District of Georgia. the
sale above advertised is postponed until Monday
the 18th day of December 1898 at - o'clock noon
at the same time and place.
ROBERT J. LOWRY,
j b. GLOVER
Special Commissioners
Butler, Stillman q Hubbard, Henry b. Tomp-
kins, Solicitors for the Central Trust Company of
New York"