The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1894-04-26
COMMISSIONERS SALE OF THE MA,
RIETTA & FORTH GEORGIA
RAILWAY.

and Sale rendered by the Circuit Court OF the
United States for the Northern District OF Georgia
on the 18th day of May 1898, in the Equity
Causes wherein the Central Trust Company OF
New York and the Boston Safe Deposit 4 Trust
Company, are complainans, and Marietta North
Georgia Railway Com any and others are defend
ants being consolidated causes Nos. 1853 and Az 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, 1885, on the 18th day OF
October 1898, on the 4th day of November, 1898,
on the 4th day of December 1898 on the 9th day
OF January, 1884, and on the Goth day OF January,
1884,
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 decree of the United States
Circuit Court for the Western District of North
Carolina, entered on the 7th day OF December,
1885,
We, theundersignedS Special Commissioners shall
proceed to offer at pu bcsae to the highest bidder
or bidders on the premsesat the passenger station
OF the Marietta & North Georgia Railway in the
town of Marietta, in Cobb County, State of Geor-
gia, II O'Clock noon on Satu rday the 3rd day of
March, 1894, All and singular the corporate prop
erty and franchises of said Marietta North
Georgia Railway Company, the line of railway
tending from the town OF Marietta, in Cobb Coun-
tyGeorga, through the counties OF Cobb Cherokee,
Plckens, Tilmer and Fannin to the town of Blue
Ridge, in Fannin county, Georgia, and thence on
to the city OF Knoxville, in Knox county, Tonnes
see, through the counties Of Polk, McMinn, Mon
roe, LoudOn, Blount and Knox, being total dis
lance OF about POS miles from Marietta to Knox
vile, being standard guage road, and about
1851 miles lying in the State of Georgia and about
l093l miles lying in the State OF Tennessee; and
also the further line of said railroad, being mar
row guage 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 1851 miles in
the State OF Georgia OF this nlrrow guage road,
and about l2.49 miles in the State of North Caro-
lima; together with all and singular the property
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
ings, fixtures 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, franchls-
es, leases, contracts, chooses in action and similar
property, whether legal equitable, belonging to
said Marietta Il North Georgia Railway Company
or TO which 1t is in any way entitled and also all
right title, claim, interest demand of the said
Marietta x 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 Tor
sale separately and as one parcel, together with
the proportion OF equipment, material and sup
plies appertaning 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
ono parcel, together with the proportion of equip
| ment, material and supplies appertaining thereto;
| and then the whole oil said standard guage and
/
be offered for sale together entirety, and the
bids aggregating the greatest amount will be ac-
| cepted, as pointed out and provided for in said
| Decree OF Foreclosure and Sale. And for n more
particular description of said property well 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. H. HILL Esq, showing the
specific equipmen and other property that belongs
to and is to be sold with each separate parcel OF
said line of railway aforesaid. At 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 $750.000, 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 Tor 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,
| Tennessee and North Carolina and the appurte-
i nant property is offered for sale as entirety
! then no bid will be received for less than sum
greater than the aggregate amounts of the separ-
| ate bids Tor the separate parcels of property as
aforesaid and deposit of $3.50, 900 in cash GERS
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 or by bonds issued under the
mortgages now being fOreclosed, as provided for
| ject to confirmation by the Circuit Court of the
United Statesfo the Northern District of Georgia,
and the Circuit Court of the United States Tor the
| 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 sale
| reference is hereby made to the DEGREES of the
| several courts hereinbefore referred to.
| This the 9th day of January, 1894.
| ROBERT J.ILOWRY,
J. B. GLOVER,
| H. H. TAYLOR,
| Special Commissioners.
| Butler, Stillman & Hubbard. Henry b. TOmp-
kris, and Tilman Tillman, Solicitors for Cen
| trail 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 tn day of May, 1894, at II o'clock noon at
the same place.
ROBERT ]. LOWRY,
J. b. GLOVER,
H. II, TAYLOR,
Special Commissioners.
Butler, Stilman & Hubbard, Henry b. Tomp-
kins, and Tillman & Timan, Solicitors for Cen
tIal Trust Company, of New York.