The times. [volume] (Richmond, Va.) 1890-1903, 1894-08-11

trict of North Carolina, entered June J.
1894. and decree Of the circuiitt, ,Dur
or the United states ior lnS ornd June
/, 1894 In the suits OF the CenttaI ) the
Company, Of New YORK asIiiIiS' com
oxford and Gainesville Railroad Id
pany and Others. ana tn ee creea' entered
June u, 1871, and June ~ 1871 tifaster,
lively, I. the subscriber, Speclal Ni"'
thereby designated. Will, on the
GOD DAY OF AUGUST. 1894.
or the day to which may adjourn t the
sale. at . o'clock in the tOrenocyna,r d and
passenger station OF the CAlO', OK
| Clarkesville Railroad Co'Ir"ftt5,n TO the
HIGHEST b,dder or bidders, az an oSv-
tlrety and in one parcel. tn9se ~, = 'NND
ING DESCRIBED Rail" Anotiroad OF
PROPERTY, viz. All tnvu railroad
| Coupanv. from the Virginia state H'iU
10 the town OF Durham, \. =, De''s nd
| distance OF about forty-nlhe irroIiroad.
s saGh a qn1 t ghyer3X xhoard and Henderson
| branch thereof, and al iuil uo, and
| hereditaments. and an tdscilltis9' otofng
! appurtenances belonging ol nbP ana also
| 70 said railroad or sald DIhiiC -, - 10 nh
| the road-bed of said railroad anu ~ 49, -
| and the superstructures ana tI~Vnii 'n.her
| on and all stations, depols, oI.N 49,
| grounds and all Tails Iduln"s' - su,tfcn.
| and rights of way, tracks siu,' - MIR
| tanks. viaducts culverts, passeHscl - a.
| other depOts. warehouses al tr,t,,ht ,
| wOOd-houses. station eli other
! houses, machine shops , anu on ~
! structures erectiOns, buhalHsS, a. -
| lures whatsoever, acquired ny ~ i'I u III
| use Of the oxford ana Iiaihca' i,,.vv,cttn,,
road Company, or LOT t,ln 81 Tho said
raiiroaJ or said branch. and all lease
| holds, and all rights under any III III anJ
! or agreements with me oN."' and All
! Gainesville Railroad CoIpd"y az" and
| locomotives engines, tenders, cars az"
| all other rolling stock, ana an cHIt, IN
! meuts rails. ties. machinery, ioU ,,h,. tso-
| PIGMENTS. fuel, and an nldIvtl"r - ~ nor
! ever. and all other property rear ~
| sonaI and mixed held or acquires ny
| the oxford and ClarkesVlile ~ 'tt'i "a
! Company for or In cohneC'Io ta,,anre
| construction, operation M 'aaft al
| road and branch or any part thereof
| or as convenient or necessary IoI ia i,bts
| thereof, and all the corpora dsssnri
PRIVILEGES and franchises OF tAe OAIoi
| and CIarkcsylIIe Railroad Company, anu
all rents profits income, ana edilllllo2
arising, or hereafter 20 arise, oi III CO.
way issue from the said faiifOab' OF t's
part thereof, or said branch, or IIoll an
| of the SUBJECTS herein described, ana M
the streets. ways, piiStS".e' liberties
courses. easements, rights HpvI 80
privileges, heredtaments anu 49,
fenanccs whatsoever unto any OF nv
above described premises Hhl i,in,,te
belonging or appertduins, or 10 uJID.7
or appertain, and the reFerslohs an -.
maiuders. rents. issues, ana piylil9 - ~
Of and all the estate, right tlIrf am" ~
tercst, property, claim, ana lehahp ~
every nature and Kind whatsoever %
the said oxford and tlarkeSyHle Is''li Vau
Company a. well at law as Ih ctultst
of I'm and TO the same ana every pan
q,
any donation or subscription htIeto ioiI
voted or made, or hereafter 10 pt Eo.Sn
or made. for the purpose OF aiuinB '"0
construction Of said railroad. 49,.
40 bid therefor will be accepted lIoin
any bidder for n sum less than SlJOVUV,
nor from any bidder who shali nor pidoc
I'm the hands OF the Special Master, ~
depOsit with him at the tine or max
ine the bid as q pledge that such bid4er
will make good his bid II accepted 10y
the Court, the sum OF Sl3uDO lh HyhSy
or certified check, or In bonds secured ny
the MORTGAGE of the oxford and ,lafhe7-
VILE Railroad Company 10 the Ceutrdl
Trust Company of New ork, dated No
Vember J. 1881. taking the same at par
Of their principal
shall be sold there shall be paid In cash
at the time OF sale the cash deposit here
inbefore required, which shall be received
as part of the purchas--price, ana
also at the same time and from TIME
to time thereafter such further portions
of said purchase-lrlce shall be paid IN
cash as the Court may direct in order
TO meet the expenses II said SUIT. ana
TO pay such claims, II any against the
mOrtgagcl property as the Court may
adJudse 20 be- prior iu equity 10 the said
mortgage of November !, 1881.
The Court reserves the right 10 reject
any bid. and 10 resell said premises and
property. upon failure OF any purchaser
for twenty days 10 comply with any
order of the Court requiring payment.
The balance OF the purchase-pricc not
required 20 be paia in cash may either
be paid in cash. or the purchaser may
satisfy and make good such balance OF
his bid In whole or In part by paying
over and surrcndeIing outstanding bonds
secured by SAID mortgage or November
!, 1851, and overdue coupons appertaininB
10 such bonds or either, said bonds and
coupons being received at such price or
value as shall bee equivalent TO the
amount that the holder thereof would De
entitled 10 receive thereon IN case The
entire purchdse-price were paid i'm cash.
II any bid shall De accepted by the
Court, and the person making the same
shall tail - comply with all the con-
diuons OF sale and all orders OF the Court
IN respect thereto the sum deposited by
the bidder shall be- forfeited. and shall
be- applied as the Court may direct
The purchaser or purchasers az SAID
sale shall, as part Of the consideration
for such sale. take the property pur-
chased upon the express condition that ne
by the Court, will pay of and satisfy
amy and all claims filed In this cause,
but only when the Court snail allow
such claims and adludge the same to bee
prior in lien 20 said mortgage Of NOvem-
Der !, 1884, ana i'm accordance with the
order or orders Of the Court allowing
such claims and adjudging with respect
thereto. and the purchaser or purchasers,
or their approved assigns, shall be- en-
titled 10 appeal from any and all orders
or uecIees or the Court in respect 10
such claims or any Of them, ana shall
have all the rights I'm respect 10 such
appeals which the complainant Central
trust company OF New York would have
IN case such appeals had been taken
by IT, The purchaser or purchasers at
sIItrduon, In addition 10 the payment
OF the sum or sums bid take the prop
cTty purchased upon the express COndi-
non that he or they, or his or their as
SIGNS. approved by the Court, viii pay
of and satisfy ali debts or obligations
ceNers having possession OF such prop
erty which haze not been, or shall not
be, paid by said Receivers. and which
shall be adjudged By the Court 10 bee
debts or obligations properly chargeable
against the property purchased and 10 be
gage OF November ], 1857.
The Court reserves the right 10 retake
and resell said property In case of the
failure or neglect of the purchaser or
purchasers or his or their assigns APP
proved By the Court as aforesaid. 10
comply with any order Of the Court in
respect TO payment OF prior claims above
mentioned within twenty days after SER !
vice or copy OF such order upon said !
purchaser or purchasers, or his or their |
assigns.
Tie purchaser or purchasers at said |
sale shall not be required TO assume or |