The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1895-01-30
CHARLESTON, SUMTER And
NORTHERN RAILROAD CO.
MASTERS SALE
OF RAILROAD.

Notice is hereby given that in pursuance of
Decree of the United States Circuit Court
for the District of South Carolina, dated
entitled Alfred 4. Hewlett Vs. The Charleston,
Sumter l. Northern Railroad Company, and the
Atlantic Trust Company vs. the Charleston,
Sumter 4 Northern Railroad Company, the
undersigned as Special Master, named in the
Decree, will sell for cash at Public Auction,
to the highest bidder, at twelve O'clock
noon, at the Depot of the Charleston, Sumter
4 Northern Railroad in the City of Sumter,
IN the State Of South Carolina, on the Fifteenth
day of FEBRUARY, AID. 1895, the follow
ing described property Of the Charleston,
Sumter 4 Northern Railroad Company:
All and singular the lands, tenements and
hereditaments of the Charleston, Sumter 4
Northern Railroad Company, wherever
situated, including all its railroads, tracks,
right of way, main lines, superstrnctures
depots, depot grounds, station houses, engine
houses, car houses, freight houses, wood
houses, sheds, watering places, work shops
machine shops, bridges, viaducts, culverts
fences and fixtures, together with all its
leases, leased or hired lands, leased or bired
railroads, and all its locomotives, tenders,
cars, carriages, trucks and other rolling stock,
its machinery, tools, weighing scales, turp-
tables, rails, wood, coal, OIL fuel, equipment,
furniture and material fevery name, nature
and description. together with all the cor
porate rights, privileges, immuniments and
franchises of the said raiiroad company, ip-
cludng the franchise to be corporation,
and all the tolls, fares, freights, rents, it,
come, issues and profits thereof, and all the
reversion and reversions, remainder and re-
mainders thereof
The said property being more fully set out
and described ia and by certain mortgage
or deed Of trust executed by the Charleston,
Sumter Northern Railroad Company to the
American Loan and Trust Company of the
City of New York, Trustee, dated April 2nd,
1890, and also in the decree in this cause;
and consisting among other thirgs of the fol
lowing railroad lines, tc-wit:
AL and singular the lines of railroad
owned, constructed and operated by the
Charleston, Sumter & Northern Railroad
Company over the following generally de-
scribed route, namely line of railroad
which extends from Pregnalls Station on the
line of the South Carolina Railroad, formerly
known as forty-ope mile station, in the
County of Colleton, State of South Carolina,
through Harleyville in said last mentioned
county Pecks, Holly Hill, Connors and
Eutawville 10 the County of Berkeley in said
State; Bulls and Vances in the County OF
Orangeburg in said State; Merriam, St.
Paul, Summerton, Silver aud Packsvile in
the County of Clarendon in said State, and
to the City of Snmter in tie County of Sum-
ter, and thence through the Counties of Dar-
lington and Marlboro, to or near Benefits
Vile in said County Of Marlboro, in said
State, distance in all of about one hundred
and twenty-one aud lilo miles; also line
of railroad which extends from Eutawville
iu the County of Berkeley in said State OF
South Carolins, to Ferguson in the County
of Berkeley, in said State of South Carolina,
distance of about six miles; also line of
railroad which extends from Vances, in the
County of Orangeburg, in the State of South
Carolina, through Shell, aad Parers, IN said
last mentioned County, to Harlin City (for-
merly Elloree) in said last mentioned County,
distance of about eleven and two-tenths
miles; and also the line of railroad
known as the Gibson extension or con-
tinuation of the track and other property
of the Charleston, Sumter L Northern Rail-
road Company, such extension or contlnua-
ton, extending from the town ofBennetteVille
at the former terminus Of the Charleston
Sumter 4 Northern Railroad, to a point II
the State of South Carolina, near the line
dividing the State of South Carolina from
the State of North Carolina, the said polns
being about four thousand feet from the
town OF Gibson, in the State of North Caro-
lioa said Gibson extension consisting Of
about ten 85-l0O miles, and having been con-
struc,ed by the Receiver Of the Charleston,
Sumter l. Northern Railroad, with funds of
the trust estate, by orders Of the Circuit
Court, of the United States, passed in these
causes; the entire railroad lines being alto
getber distance of about one hundred and
forty-uine miles ofrailroad construction, and
10 active operation, under ard by virtue Of
the charter, Of the railroad company as no"
amended.
The said Master shall receive at such sale
no bid of less than the sum of four hundred
thousand dollars, and shall receive no bic
from any person Offering TO bid, who shal!
not first deposit with him as a pledge, that
such bidder will make good his bid in case
of its acceptance, the sum of $4,000 10
money or by certified check on some response
Die Oank, OF SLU,UOV III heCCt'et sCeiuoN@'e9
of the Receiver, of the Charleston, Sumter &
Northern Railroad, or $500, ,o0o in bonds Of
the said Railroad Company. The deposit so
received from any unsuccessful bidder, shall
be returned to him when the property shall
be struck down, and the deposit 80 received
from the successful bidder shall be applied On
account of the purchase price, if cash or Re
ceivers certificates then ct par, and if bonds
then at proportionate value, as further pro-
vded in this paragraph. Such further pay
ments on the purchase price, shall be paid in
cash, as the Court in this cause may from
time to time direct, and the Court reserves
the right to resell, in this case, the premises
and property herein directed to be sold, upon
the failure of the purchasers thereof or their
successors, or assigns to comply within
twenty days with any order of the Court in
that regard, and any defaultng bidder and
, any purchaser who shall default, shall be
liable to make good any and all expenses aud
any and all deficiency, or loss occasioned by
the property bringing less price at any
such resale, and the amount so deposited by
snch bidder. shall be applied on account