The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1893-10-26
Commissioners Sale Of the Mari
eta X North GEORGIA RAILWAY.

Under and by virtue of Decree of Foreclos,ro
and sale rendered by the Circuit Cour, of the
United states for the Northern District of Georgia
| on the 18th day of May, 1898, and thereafter 6v
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 Of
New York and the Boston Safe Deposit 4 Trust
Company, are compliments and Marietta & North
Georgia Railway Company and others are defend
ants being consolidated causes Nos $50 and Az in
the Circuit Court of the United States for the
Northern District of Georgia and by virtue of an
order decree passed by the Circuit Court of the
United States for the Northern District of Georgia
on the 10th day of June, 1898, 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 North Georgia Railway in the
town OF Marietta, in Cobb County, State of Geor-
gia, at II o'clock noon on Monday the 10th day of
November, 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 Coun-
ty, Georgia, through the counties of Cobb Pckens
Cherokee, Gllmer and fannfn to the town of Blue
Ridge, in Fannin county, Georgia, and thence on
20 the city OF Knoxville, in Knox county, Tennes-
see, through the counties of Polk, McMinn, Mon
roe Loudon ROunt and Knox, being total dis.
lance of about 2O5 miles from Marietta to Knox
vile, being a standard guage road, and about
1851 miles lying in the State of Georgia and about
1881 miles lying IN the state OF Tennessee and
also the further line of said railroad being mar
row guage road, extending from the town of Blue
Ridge, in tannin 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 1874 miles in the State of North Caro-
lina together with all and singular the property
and estate OF said company of every kind, real,
personal or mixed, whether within or Inside the
location of said railway and however acquired
and all other lands, station houses bridges build
fixtures and euliOmpDt
machinery, tools, implements and furniture what
ever connected with or belonging to the said line
of railway and also all rights, privileges Franchise
es, leases, contracts, chooses in action and similar
property, whether legal equitable, belonging to
said Marietta North Georgia Railway Com pany
or to which it is in any way entitled and also all
right, title, claim, interest demand of the said
Marietta North Georgia Railway Company in
and to the line of telegraph upon its right of way
Inc 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 in the State of North
Carolina will be offered for sale separately and as
one parcel together with the proportion of equip
ment, material and supplies appertaning thereto;
and then the whole Of said standard guage and
narrow guage road and appurtensnt property will
be ofered Tor sale together 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 more
NCSSI lPtloh VI Sdlu property as 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. H. Hill, ESQ showing the
spechc equipment and other property that belongs
TO and is to be sold with each separate parcel of
said line of railway aforesaid. At said sale no
bld VIII be received for that portion of said rail-
way lying in the State of Georgia and the appur-
tenant property for less than $780, O00 and a de-
post OF $4,000 in cash or certified check at the
time of making the bid will be required from the
bidder for said portion of said railway lying in the
state OF Georgia; and at the time of said sale no
bids Will be received for those parts of said line of
railway lying in the states of Tennessee and North
Carollna and the appurtenant property for less
than S7OO,OO0 and deposit of $4,000 in cash or
certified check al 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
greater than the aggregate amounts of the separ-
ate BIDS for the separate parcels of property as
aforesaid and deposit of $3.50 900 in cash or GER
| tined 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
IN the Decree OF Foreclosure and Sale and is sub-
| lect TO confirmation 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,
| 800 Special Commissioners.
/ Butler, Stillman Hubbard and Henry r
II IompKlns, solicitors for Central Trust Company