Capital journal. (Salem, Or.) 1893-1895, 1893-12-18
THE o. p. ROAD SOLD.
Bought by the Blair Wharton Com
mittee for Only $4,000

Corvallis News: Promptly at o'clock
Friday Sheriff Osburn appeared at the
front door Of the court house and an
nounced the sale of the Oregon Pacific
railroad and other properties belonging
to the Oregon Pacific company, which
have 30 long been in litigation. The
reading OF the lengthy decree and exc
cution consumes almost an hours time.
Attorney Gilson, Of Portland, then
came forward, and iD behalf of Alexan
der, Well, Calm, ct al, notified intend
ing purchasers that q suit bad begun 10
the U. s. district court against the o.
P. r. r. Co., for the possession of the
willamette Valley and Cascade Noun
tain wagon road and the Deschutes
wagon road.
Then Attorney Wolverton, Of AL
bsny. who appeared In the interests of
the Oregon Pacific Railway Co., of
which T. e. Hogg is president, read
the following notice of adverse claims:
In the Circuit Court of the State of
| Oregon for the County of BentoD:
The Farmers Loan and Trust)
Co., OF New York agains. Notice
The Oregon Pacinc Railroad Of
Co. and the Willamette adverse cl'ms,
Valley a Coast II. II. Co.
The 70 lowing notice Is hereby pub.
licly given to all intending purchasers
Of the property aud franchises of the
above mentioned Oregon Pacific Com
pany and the Willamette Valley &
Coast Railroad Company, or either of
them, under the decree of foreclosure
sac, rendered by this court on the 18th
day of April, 1891, under a certain
mortgage or deed of trust, executed by
the said companies to the Farmers
Loan and Trust company, dated Oct.
/, 1880.
In pursuance Of said decree of FORE
closure, the said property and franchises
were duly sold on January 20, 1892,
aud were purchased at the said sale by
Zephin Job, of Corvallis, Oregon; and
a certificate of such sale, acknowledging
the receipt of 900 on account of tie
purchase price, was duly executed and
delivered by the sheriff of Benton coun-
ty TO the said Zephin Job. The said
sale was thereafter duly confirmed by
the said court. and, for valuable con-
sideration, the said Job duly assigned
and conveyed all the property, rights,
franchises, titles and interests, which
ha acnuirad al tho oo;d foraoIoo,ra colo
and also the said sheriffs certificate If
sale to the undersigned, the Oregon Pa
cific Railway Company, corporation
duly organized and existing under the
laws of the state of Oregon.
The said sale and the rights acquired
by the undersigned have never been
abrogated and could not be abrogated
by any proceedings in this court. No
part of the said sum of $25, 600 has ever
been returned; and the said sale is still
in full force and effect; and the under
signed will assert and enforce all rights
hereunder and Ia and to the said prop.
erty and franchises existing In its favor.
Whoever buys or attempts to buy the
said property and franchises, or any
part thereof, at this or any other sale,
without The consent and approval of
the undersigned, must do 80 subject to
all rights and claims In and to the said
property and franchises, existing in
favor of the undersigned.
OREGON PACIFIC COMPANY.
By T. e. HoGG, President.
Attorney Weatherford alss gave NO.
tice that the Giant Powder Co. held a
lein against the last fifteen miles OF the
road built, for the amount of 81, ,8O6 SO.
Now Sheriff Osburn invited bids for
the Oregon Pacific railroad and the
other properties when F. M. Clark,
with Mr.. Hughes, both attorneys from
New York, represented the Blair
Wharton committee, made bid of
100000. This was the only bid offered
and to Mr.. Clarke was the road knocked
off. II was a great surprise to almost
everyone Of the many people who were
present at the sale that the road did
not bring more, and they wonder how
the Indebtedness of the company will
be paid of with 5000, 900 when the pre-
ferred claims amount to at least four
times as much, so We have been in-
formed. But may the affairs of the
company now be satisfactorily settled
with all interested.
Mrs. N. ]. Damon Dead.