The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1893-12-07
Commissioners Sale Of The Mari.
. eta & North GEORGIA RAILWAY.

eta 4 North Georgia Railway.
and Sale rendered by the Circuit Courv 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 Of
New York and the Boston Safe Deposit Trust
Company, are compliments, and Marietta Il North
Georgia Railway Company and others are defend
ants being consolidated causes Nos. 3j9 and All 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 18th 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 Coun-
ty, Georgia, through the counties OF Cobb, Pickens
Cherokee, Gimer and Fannin 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 lyOuuOn, BlOunJ ana hDOX, DelD8 q total dis
lance of about POS miles from Marietta to Knox
vile, being standard guage road, and about
So 81 miles lying in the State OF Georgia and about
109.31 miles lying in the State of Tennessee and
also the further line of said railroad, being mar
rowguage road, extending from the town of Blue
Ridge, in Fannin county, Georgia, to Murphy, in
Cherokee county, North Carolina, distance of
about % miles, there being about 1881 miles in
the State of Georgia of this narrow guage road
and about 1874 miles in the State of North Caro-
lima; together with all and singular the property
and n said IF nd
personal or mixed, whether within or outside the
location of said railway and however acquired :;
and all other lands station houses, Bridges build
lngs, hxtures 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, Franchise
es, leases contracts, chooses in action and similar
property, whether legal or equitable, belonging to
said Marietta & North Georgia Railway Company
or to which it is in any way entitled 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 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 appertaining thereto;
and then the whole OF said standard guage and
narrow guage road and appurtenant property will
be offered for sale together entirety, and the
ids aggregating 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 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. 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 as aforesaid 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 800 900, and 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
Carolina and the appurtenant property for less
than 100000, 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,
I Tennessee and North Carolina and the appurte-
nant property is offered for sale as an entirety
| then no bid will be received for less than sum
greater than the aggregate amounts OF the separ-
| ate bids for the separate parcels OF property as
aforesaid, and deposit of S50,000 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 may
| be paid in cash by bonds issued under the
mortgages now being forecosed, as provided for
in the Decree OF Foreclosure and Sale, and is su b.
| ject 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,
Special Commissioners.
Butler, Stillman & 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 u O'Clock noon
| At the same time and place.
| ROBERT J. LOWRY,
j. b. GLOVER,
Special Commissioners.
| Butler, Stillman & Hubbard, Henry b. Temp
kins, Solicitors for the Central Trust Company of
| New York"