The times. [volume] (Richmond, Va.) 1890-1903, 1894-07-14

GAINESVILLE AND NORTH CAROLINA
RAILROAD COMPANY.

. -NtW ioIh' against the CIarkesNllle an
North carolina Railroad Company an
others, J., the subscriber. special maste
l thereby designated. viii. on the
I'D DAY or AUGUST. 1894.
, or the day to which / may adjourn IN
sale. at il o'clock in the forenoon, at m
| passenger station Of the ClarkcsVllle an
! North Carolina Railroad Company, a
Soudan' Va, sell at public auction 10 th'
highest bidder or bidders. as an entirety
ana IN one parcel. the following described
RAILWAYS AND PROPERTN-viz:
All the railroad OF the CiarhesNiiie and
North Carolina Railroad Company rom
the town OF ClarkcsNiue, Va, 10 TIE
North Carolina state me peihs as
lance OF about seven miles. ana al JANUS,
| tenemeuts or hcredlta mentS, ana all case
| mems and appurtcuauces bclOneiug or
| appertainIng to SaiI railroad, and also
the r0ad-bci OF said railroad and the
representatives and tracks thereon, and
! all stations. dcpotS. ana other grounds.
and an rails. railways. ways and rights
OF way. tracks sidlngs, switches, bridges.
| fences turntables, water tanks, Viaducts
culyerts passenger and other depois.
| warehouses; Car-hOuses. WOOdnOuses STA
ton houses freight houses, machine
| shops and all other structures, erectiOns,
| buildings and fixtures whatsoever ac-
! Qulred by or for the use OF the Clarkes-
! vile and North Carolina Railroad Com
pany. or for the construction. mainte-
nance or operation of the said railroad.
and all leasehOlds, and all rights under
any contracts or agreements with the
Gainesville and North Carolina Railroad
Company; and all locomotives. engines,
tenders cars. and all other rolling stock,
ana all equipments, rails, ties. machinery.
tools. implements, fuel. ana all materials
whatsoever and all other property. real,
personal. and mixed. held or acquired by
the Gainesville and North Carolina Rail
road Company for and in connection with
the construction, operation, maintenance,
reparauOn. or replacement Of said vail
road, or any part thereof or as COnVc-
nient or necessary Tor the use thereof,
and all the corporate right. privileges.
and franchises of the Gainesville and |
North Carolina 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 from any OF the subjects |
herein described, and all the streets.
ways. passages, Water-COurses. easements,
rights. liberties. privileges hereditaments.
and appuitendnceS whatsoever unto any
Of the above described premises and es-
tates belonging or appertaiuug. or 10
belong or appertain, ana the TevcrsiOus
and remaindcrS. rents, issues, and profits
hereof. and all the estate. right. title.
ma interest. property, claim. ana de
nand OF every nature and KIND whatsO-
yer OF the said Gainesville and North !
'HOlina Railroad Company. as well at
aw as In equity. Of. in and 10 The same,
nd every part and parcel thereof, en-
epting. however. any donation or sub
crptOn heretofore voted or made. or
GREATER 20 be voted or made tor the
uipose Of aiding the construction of
aid railroad
No bid therefor will be accepted from
ny bidder for a sum less than 5000
or from any bidder who shall not place
! the hands Of the special master or de-
osit with him at the time OF making the
ID as pledge that such bidder will make
GOD his bid, II accepted by the court.
ne sum of 5000 in money or certified
neck, or In bonds secured by the mort
age or the Gainesville and North Caro-
ma Railroad Company TO the Central
rust Company, Of New York, dated
oyember l, 1881 taking the same at par
their principal
OF the price for which said property
lall be sold there shall be paid in cash ,
the time Of sale the cash deposit here
before required, which shall he received =
part OF the purchase price. and also ,
The same time and from time 10 time q
GREATER such further portions OF said 1
lrchdSe price shall be paid In cash as n
c court may direct IN order to meet
? expenses OF said suit and TO pay such | a.
aims, II any. against the uslrtgaged a
operty as the court may ad1udge 10 be il
Tor in equity TO the said mortgage OF | %
jvember l. 1887. The court reserves the II
;ht 10 reject any bid. and 10 resell said | Il
tlnlses and property, upon failure of | q
~ purchaser for twenty days to comply C.
lth any order Of the court requiring &
e /
Ice not required 10 be PAID in cash may II
her be paid In cash. or the purchaser a
ty satisfy and make good such balance II
ms bid IN whole or in part by paying
or and surrenderIng outstanding bonds al
,ured by said mortgage OF November pi
IN5' and overdue coupons appertai0iug fC
such bonds. or either. said bonds and Oh
lponS being received at such price or 7
ne as snail be equivalent TO the amount re
II the holders thereof would he entitled be
receive thereon in case the entire pur- "a
Use price were paid in cash. hi
any bid shall be accepted by the on
r. ana the person making the same %
III IAN 10 comply with all the cOndI- J.
IS OF sale and all orders or the court 10
respect thereto the sum deposited bv &c
bidder shall be forfeited. and shall VI
applied as the court may direct al
ne purchaser or purchasers at said sale el
H. as part Of the consideration for eil
n sale. take the property purchased | ~
n the express condition that he or w.
y or MS or their assigns, approved ~ an
court. VIII pay off and satisfy any | a.
all claims filed in this cause. but ONLY ~
IN the court shall allow such claims bo
adludge the same TO be prior in lien
Sdld mortgage Of November l. 1887 So
in accordance with the order or or ~,
OF the court allowing such claims cGI
auJudglng with respect thereto. and or
or purchasers, or their an Ia,
yea assigns, shall be entitled to apueal a.
Il any ana all orders or DEGREES Of the I'm
crr.
n, and shall have all the rights IN re- 90, o,t
L 10 such appeals which the complain be-,
NchrdI trust company. of New ORD
"a, would nave in case such appeals sue
81, D.em t"hen py H. me purchaser or the
'hasers at said sale shall also as part ar
ne consideration, in addition TO the | tftl
heht or the sum or sums bid take or
I!"peiY purchased upon the express | sue
, luz" tnat ne or they, or his or their hay
5ns. approved by the court win No., ann
wa shtsIy all debt or Obligations in Tril
eu or 10 he Incurred by the receivers in
hb possession or such property. which by
not been, or shall not be. paid nv said
receivers. and which shah be adj. side
"a by the courts 10 be debts or ohlI- OF
MS properly chaTgeable against me erty
eity purchased, and TO be prior or ton
nor TO the lien OF said 1norteare or | Sign
mber l. 1887. off
court reserves the right 10 retaka incu
resell SAID property In case Of the celV
OF neglect or the purchaser or Sl'S
Iasers, or his or their assigns ap- be.
"a Oy the court as aforesaid ia com Shal
nth any order of INC court a., a OoIi debt
tyment Of prior lien claims above aSal
Toned within twenty DAYS after scr PRO
OF copy or such order upon said s1iSS''
laser or purchasers. OF his or their a
MS ''0" and
purchaser or purchasers at said ldlIt
shaH not be required to assume or pure
any leases OF any railway or ran com,
as lessee but s6aH ~ I'm , odd com resp
ect whether ar No. 'iIc iISht meni
the same or any thereof - nioe
n of tbe n,,rcba 0l s9II Saie and com assig
lrcbasers s,,c ',,''v 10y lhe purchaser Tn,
rs VIII be entitled 70 receive from adon
yeOi'l master deed or deeds of the wa 70
rty sold, and also to receive ,,onI Go 80,
'uihclent deeds OF conveyance or riebt
zee OF transfer OF any and ali pron- or ac
men Is vested IN or standing in the TnC
OF me receivers, or TO which said CONN
- 100 III any manner acquired ! chase