The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1894-02-01
Commissioners Sale Of The Mari.
eta { North Georgia Railway.

Under and by virtue of Decree of Foreclosure
| and Sale rendered by the Circuit Court of the
United States for the Northern District of Georgia
on the 18th day of May, 1893, in the Equity
! Causes wherein the Central Trust Company Of
New York and the Boston Safe Deposit & Trust
Company, are complainants, and Marietta North
| Georgia Railway Company and others are defend
ants, being consolidated causes Nos 359 and ALI in
| the Circuit Court of the United States for the
Northern District of Georgia; and by virtue of or
ders and DEGREES passed by the Circuit Court of the
United States for the Northern District of Georgia
on the goth day of June, 1893, on the 18th day of
| October, 1893, on the 4th day of November, 1898,
| on the 4th day of December, $685. on the 9Th day
OF January, 1894, and on the Goth day of January,
| 1894;
And by virtue of decree rendered by the Cir
| cult Court OF the United States for the Northern
Division OF the Eastern District of Tennessee on
the 9th January, 1894
| And by virtue of a decree of the United States
| Circuit Court for the Western District of North
Carolina, entered on the 7th day OF December,
! 1893;
! We, the undersigned Special Commissioners shall
proceed to offer at public sale to the highest bidder
or Ddders on the premisesat the passenger station
OF the Marietta North Georgia Railway in the
| town OF Marietta, in Cobb County, State of Geor-
gia, at II O'Clock noon Saturday the Bird day of
| March, 1894 all and singular the corporate prop
erty and franchises of said Marietta & North
| Georgia Railway Company, the line of railway ex-
tending from the town of Marietta, in Cobb Coun-
tyGeorgia, through the counties of Cobb Cherokee,
| Ilckens, GLmer and Fannin to the town of Blue
| RIDGE In tannIn county, Georgia, and thence on
to the city of Knoxville, in Knox county, Tennes-
| see, through the counties OF FOLK, McMlnn, Mon
roe, Loudon, Blount and Knox, being a total dis
| lance OF about POS miles from Marietta to Knox
| vile, being standard guage road and about
90 81 miles lying in the State of Georgia and about
| lO93l miles lying in the State Of Tennessee; and
also the further line of said railroad, being
| row guage road, extending from the town OF Blue
Ridge, IN tannin county, Georgia, to Murphy, in
| Cherokee county, North Carolina, a distance of
about 70 miles, there being about 1881 miles in
| the State OF Georgia of this narrow guage road,
and about 12.49 miles in the State of North Caro-
| Gil lar no rfxy
| and estate of said company of every kind, real
personal or mixed, whether within or outside the
! location OF said railway and however acquired;
and all other lands, station houses, bridges build
| lngs, fixtures and the equipment rolling stock,
machinery, tools, implements and furniture what
| ever connected with 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 1t is in any way entitled and also all
| right title, claim, interest or demand of the said
| Marietta North Georgia Railway Company in
and to .he line of telegraph upon its right of way.
| The SAID standard guage and narrow guage road
lying N the State of Georgia will be offered for
sale separately and as one parcel, together with
the proportion OF equipment, material and sup
plies appertalning 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
| idIIO" SudSe FO9u ana appurtenant property Will
be Onered Tor sale together entirety, and the
bids aggreeating the greatest amount will be ac-
eepted, as pointed out and provided for in said
| Decree of Foreclosure and Sale. And for more
particular description of said property as we'll as
| for 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 and other property that belong.
sold To n
said line of railway as aforesaid. At said sale
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 S750OOO, and a de-
posit of $4,000 in cash or certified check at thu
time of making the bid will be required from tn,
bidder for said portion of said railway lyingin thu
state of Georgia; and at the time of said sale NJ
bids will be received for those parts of said line
railway lying in the states of Tennessee and Nortl
Carolina and the appurtenant property for les
than 100000, and deposit OF $4,000 in cash o
certified check at the time of making the bid viii
be required from the bidder, When the whole o
said line OF railway lying in the states of Georgia
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 a sun
greater than the aggregate amounts of the Separ
ate bids for the separate parcels of property a
aforesaid, and deposit of $l50,000 in cash or GER
titled check at the time of making the bid will b.
required from the bidder for the whole system o
railway. The balance of the purchase money MAJ
be paid in cash or by bonds issued under tn
mortgages now being forecosed, sas provided TO
iect to confirmation by the Circuit Court of tn
United States for the Northern District of Georgia
and the Circuit Court of the United States for thu
Northern Division of the Eastern District of Ten
nessee; and of the Circuit Court of the United
States for the Western District of North Carolina
For the specific terms and conditions of this sal
reference is hereby made to the DEGREES of tn
| several courts hereinbefOre referred to.
This the 9th day Of January, 1894
ROBERT J. LOWRY,
| j. B. GLOVER,
H. H. TAYLOR,
Special Commissioners.
Butler, Stilman & Hubbard Henry B. Temp