The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-06-20
RECEIVERS SALE.
RECFIVER,s sALE-


FINDER and by virtue Of a decree granted
- by the superior court OF the county Of
Mcintosh, in the state OF Georgia, on the ed
day Of May, 1893, Ia the case OF THE CONrI-
THE DAR1EN SHORT LINE RAILROAD
COMPANY EFT AL, ! win sell in the
city OF savannah Ca, before the door OF
the County Court House Ia 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 81
every Kind and description belonging to the
defendant, The Darien Short Line Railroad
Company railroad corporation OF the state
ofGeorgia, 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 of which said railroad Is in the county
Of Mcintosh and the balance in the county OF
Liberty; also OF It's terminus and terminal fa-
cilttes at Sapelo, consisting OF twenty 900
acres of land conveyed TO said railroud CONF
pnny by @. II. Hopkins. about fifteen hum
dred acres In Liberty county near the Mcln-
tosh line certain conditional donations OF
land SIX thousand five hundred and seventy
nine and one-half acres, Of which are located
In the county Of Mcintosh, and three thou
sand two hundred and seven and one-haf
acres of which are In the county OF Liberty;
certain conditional donations OF thirty-six
lots In the town Of Darien, In tho said county
Of Mcintosh; the tracts, rights Of way,
bridges, vladucts. cuverta, roadbed and
structures OF every kind connected with the
said railroad or appurtenant thereto; also,
two locomotive engines. twenty fiat cars some
loose railroad iron, and generally all property
and assets OF every kind connected with tho
said railroad or its operation.
The said property and assets win be sold in
their entirety nnd clear Of all liens and Will
be made TO the highest and best bidder at
public outcry. Before any bid can be ac-
cepted or recognized. O deposit Of at least
FIVE thousand (ab COO dollars shall be mode
by o bidder In addition to said deposit, 80
per cent. Of the amount bid shall be paid iln-
nedately by the bidder at the time 81 sale
resold The balance o. 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 10 comply
with the conditions OF the sale, or 10 make
full payment within the time specified, the
said deposit, under the said decree. is 20 be
forfeited as a penalty for noncompliance
The amount payable on the pur-
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 oodds and
coupons being receivable at such price or.
value rs would be equivalent to the distribu-
tive share that the holders would be entitled
10 receive Ia case the entire amount Of the
bid was paid in cash and was distributed 70
the bonds nov outstanding ana secured by the
said mortgage.
The said sale Is subject to the confirmation
of the Judge OF the Superior court Of the said
county Of Mcintosh
Receiver Of the Darien Short Line Railroad
Company