The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1894-02-08
Commissioners 8 Of The Mari
eta i North GGOrgia 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 ork and the Boston Safe Deposit 4 Trust
company, are complainants, and Marietta & North
georgia Railway Company and others are defend
ants Delng consolidated causes Nos 35y and All in
the circuit Court of the United States Tor 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 10th day OF June, 1893, on the 18th day of
October, 1893, on the 4th day of November 1898
on the 9TH day of December, 1898 on the 9th day
OF January, 1894, and on the 26th day of January
1894; -
And by virtue of decreeaendered by the Cir
cut court of the United States for the Northern
DIVISION of the Eastern District of Tennessee on
the 18th January 1894
And by virtue Of a decree of the United States
Slrcult Court for the Western District of North
carolina, entered on the 9TH day of December
1893; -
We, the un dersigned Special Commissioners shall
proceed 10 offer at pu sale to the highest bidder
OF Duders on the premises at the passenger station
OF the Ma -ietta North Georgia Railway in the
town OF Marietta, in Cobb County, State of Geor-
ga, at II O'Clock noon on 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-
ty,Georgia through the counties of Cobb, Cherokee
Pickens, tTilmer and Fannin to the town of Blue
Ridge, in Fannin county, Georgia, and thence on
to the city OF Knoxville, in Knox county, Tennes-
see, through the counties of Polk, McMinn, Mon
roe, Loudon, Blount and Knox, being total dis
lance OF about 205 miles from Marietta to Knox
vile, being standard guage road, and about
936l miles lying in the State of Georgia and about
1881 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 Fannin county, Georgia, to Murphy, in
Cherokee county, North Carolina, a distance of
about 20 miles, there being about II 81 miles in
the State OF Georgia OF this narrow guage road,
Qnlilp in flon fnp Of IN
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
lngS, fixtures and the eq u pment, rolling stock,
machinery, tools, implements and furniture what
ever conn ected with or belonging to the said line
OF railway and also all rights privileges, Franchise
eS leases, tracts chooses in action ands similar
property, whether legal or equitable, belonging to
SAID Marietta North Georgia Railway Company
or to which it 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 The line of telegraph upon its right of way
The said STANDARD guage and narrow guage road
lying III the State of Georgia will be offered for
sale separately and as one parcel, together with
tne proportion OF equipment material and sup
plies appertaining 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
narrow guage road and appurtenant property will
be offered Tor sale together an entirety, and the
bids aggre2ating the grea test amount will be ac-
cepted, as pointed out and provided for in said
Decree of Foreclosure and Sale. And for 4 more
particular description of said property as well as
Tor 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, 1893: and also
reference is hereby made to the report of the
Special Master, B. H. Hill Esq. showing the
specific equipment and other property that belongs
to and is to be sold with each separate parcel of
said line OF railway as 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 S750,000, and de-
post of $4,000 in cash certified check at the
time OF making the bid will be required from the
bidder for said portion of said railway lyingin 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 for less
than 10000, and deposit of $4,000 in cash or
certified check at the time of making the bid will
| he 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-
nant property is offered for sale as an 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 S50,OOO in cash or GERS
| tined 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
|
in the Decree of Foreclosure and Sale, and is sub
| ject to confirmation by the Circuit Court of the
United StatesfOr the Northern District of Georgia.
and the Circuit Court of the United States for 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 hereinbefOr referred to.
| This the 9th day of January, 1894.
ROBERT JtLOWRY,
J. b. GLOVER,
Ii. H. TAYLOR,
Special Commissioners.
Butler, Stman & Hu bbard, Henry b. Temp
kiEs, and Tillman & Tillman Solicitors for Cen
| trail Trust Company, of New York.