The times. [volume] (Richmond, Va.) 1890-1903, 1894-07-21
AUCTION sALEs-Future Day.
OXFORD AND GAINESVILLE RAIL
ROAD COMPANY.

. ] company, OF New YORK, atdlIHi ~
oxford and Gainesville Railroad Coz,
pany ana others. and the orders OF ga,
courts amending said DEGREES eh t'i =
June -, 1894 and June 10. 1874 respto
lively, |, the subscriber, Speciai ""S'''
thereby designated, will, on the
Cpd DAY OF AUGUST. 1894,
or the day to which ! may adjourn t tt'
nasSenger station OF the oxford anc
Gainesville Railroad Company, az ~
ford. y. G.. sell at public aucso', " en- en.
highest bidder or oId of she Foil OW.
ING DESCRIBED RAILWAYS AM
PROPERTY. viz: All the raliroad oI
the oxford and CiaUTkesV,iie stasa ine
10 he town OF Durham, n. c., being q
distance of about forty-nine miles, ana
each and every part OF SAID railroad,
branch thereof. and all lands, tenements,
Entertainments, and all easements and
appurtenances belonging or appertaining
| 10 said railroad or said branch, and also
| the road-Ded OF said railroad and branch
and the superstructures and tracks there
| on. and all stations, depots, and other
! grounds. and all rails, railways, ways,
and rights Of way, tracks, sidings. switch
es bridges. fences. turntables, water
tanks, Viaducts, culverts. passenger and
other depots, warehouses, car houses,
wood-houses, station-houses, freight
houses. machine shops, and all other
structures. erections buildings. and fix
lures whatsoever. acquired by or for the
use of the oxford and Clarkesville Rail
road Company, or for the construction,
maintenance. or operation or the sald
railroad or said branch, and all lease
holds. and all rights under any contracts
or agreements with the OXFORD ana
Clarkesville Railroad Company, ana all
locomotives, engines, tenders, cars ana
all other rolling stock, and all equip
ments. rails, ties, machinery, tools, Inn
plements, fuel. and all material whatso-
ever. and all other property, real, per
sonal, and mixed, held or acquired by
the oxford and Clarkesville Railroad
Company for or in connection with the
construction, operation, maintenance
reparaton, or replacement OF sald ran
road and branch, or any part thereof,
or as convSnient or necessary for the use
thereof and all the corporate rights,
privileges, and franchises OF the oxford
and Clarkesville Railroad Company, and |
all rents. profits, income. and earnings |
arising, or hereafter TO arise, or in any |
way issue from the said railroad. or any |
part thereof, or said branch, or from any |
of the subjects herein described; and al |
the streets, ways, passages, water
easements, rights, liberties,
privileges, hereditaments and appur-
tenances whatsoever unto any of the
belonging or appertaining, or to belong
Or appertain, and the reversiOns and re-
nainders, rents. Issues, and profits ptere-
IF. and all the estate, right title, ana IN
svery nature and kind whatsoever OF
he said oxford and Gainesville Railroad
company, as well at law as in equity,
IT, In and TO the same and every part
md parcel thereof. excepting, however, |
my donation or subscription heretofore
'oted or made. or hereafter to be voted
II made, for the purpose of aiding the
construction of said railroad.
No bid therefor will be accepted from
ny bidder for a sum less than $4,000. !
or from any bidder who shall not place
n the hands of the Special Master or !
eposit with him at the time Of max |
ng the bid, as a pledge that such bidder
viii make good his bid IL accepted by |
he Court, the sum OF $4,000 in money
r certified check, or in bonds secured by
he mortgage Of the oxford and Clarkes-
rust Company Of New York, GATED No
ember /, 1851. taking the same at par
their principal.
OF the price for which said property
hall be sold there shall be paid in cash
I the time of sale the cash deposit here
lbefore required, which shall be received
3 part of the purchase-price. and
lso at the same time and from time
} time, thereafter. such further portions
I said purchase-price shall be paid in |
ash as the Court may direct in order
D meet the expenses Of said suit, and !
D pay such claims. If any, against the
lortgaged property as the Court may /
dJudBe TO be prior In equity TO the said 2
lol tsage of November l. 1857. '
Inc Court reserves the right to reject !
ny bid and 10 resell said premises and ,
roperty, upon failure OF any purchaser g
)r twenty days 10 comply with any n
rder OF the Court requiring payment. o
ne baiance OF the purchase-price not o
'qulred to be paid in cash may either $
PAD IN cash, or the purchaser may l.
iusty and make good such balance of Il
5 pa IN whole or in part by paying C
er ana surrendering outstanding bonds V
cured by said mortgage of November | Il
1891, and overdue coupons appertaining | I,
such bonds, or either, said bonds and | C
upohs Delhs received at such price or
lue as shal be equivalent TO the c.
Mount that the holder thereof would be 81
titled 10 receive thereon in case the ! ii
IRE purchase-price were paid in cash. ! in
I any bid shall be accepted by the Il
urt, and the person making the same | h,
all fail TO comply with all the con-
ions OF sale and all orders of the Court 81
respect thereto, the sum deposited by 81
bidder shall be forfeited. and shall ~,
applied as the Court may direct. 81
me purchaser or purchasers at said -
lie snail, as part of the consideration 80
such sale, take the property pur- a,
lSed upon the express condition that he ",
they, or his or their assigns approved al
the Court, Will pay off and satisfy TO
y ana all claims filed in this cause al
only when the Court shall allow nc
N claims and adJudge the same to be al
or IN Hen TO said mortgage OF Novem- IN
l, 1887, and in accordance with tho pr
Ter or orders of the Court allowing fr'
m claims and adjudging with respect co
't ,so,, ana me purchaser or purchasers, IN
lheir approved assigns, shall be en- | sp
ed TO appeal from any and nil ordsrs an
DEGREES OF the Court I'm resnect 30 | 70
N claims or any Of them. and sbaU ha
We an the rights in respect TO such pu
Deals which the complainant Central of
lst company Of New York would have pa
case such appeals had been taken the
IT, Inc purchaser or purchasers al cor
q sale shall Also as part of the con ass
srauon, In addition to the payment of
= vne en sum or sums bid. take the prop cur
purchased upon the express condi- ba'
that ne or they, or his or their as ha,
u.s. approved by the Court viii nav | cal
ana satisfy all debts or obligations | ind
irred or to be incurred by the Re- gat
, e,s haVine possession of such prop pro
which ha-e not been, or shall not suT
paid by said Receivers, and which No
u be adludged by the Court TO be y
Is or Obligations properly chargeable anf
lnst tne property purchased and to be TAI
g Of November 1. 1887. 10 10
lie court reserves the right TO retakc INV
resell said property in case Of the P 10
n ebs OF hegieGt OF the purchaser or me
yea by the Court as aforesaid 10 VIC
ply with any order of the Court in pur
'ect TO payment OF prior claims above ass
loned within twenty days after ser 4
OF copy OF such order unon seid sale
,haser or purchasers. or his or thar ado
gns. ans VI '"eii wa,
lie purchaser or purchasers AZ said | pan
shal not be required 10 assume or 10
~ ~ a any, leases OF any railway or rail- ado
owned or held by the Railroad II
lpany as lessee. but shall have tba plet
10 elect whether or not 10 ASSUME or
uopt the same or any thereof chas
9n CONFIRMATION OF said sale and the
p er 40 OF me purchase by the pur- proE
y -, Pol i.Ui such purchaser or and
lad l 4