The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-10-05
LEGAL SALES.
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Special Masters Sale.
Sale.
Savannah and Atlantic Railway.

Savannah and Atlantic Railway.
Notice is hereby given that in -pur-
suanee Of a decree Of the Circuit Court
of the United States for the Southern
District of Georgia, Eastern Division.
The Oglethorpe Savings and Trust Com
pany, Trustee, VS.. Savannah and Allan
tic Railway Company, and The Central
Railroad and Banking Company OF
Georgia, being a dependent bill in the
suit of The Central Railroad and Banking
Company of Georgia vs.. The farmers
Farmers Loan and Trust Company,
Trustee. VS.. The Central Railroad and
Banking Company of Georgia, ct.
a. a., and Ale ASlexand5er Brown v n,,roaS
and Banking Company OF Georgia, ct. al,
consolidated cause in equity, we, the
subscribers, Special Masters thereby des-,
ignated Will on Saturday, the Second
(2d) day of November, 1898, or the day
to which we may adjourn such sale, at
twelve I'D o'clock, noon, on the mort
gagged premises, at or near the front en-
trance of the passenger station OF SAID
Savannah and Atlantic Railway Com
pany, in the city Of Savannah, ana STATE
of Georgia, sell at public auction, WIN
out valuation, appraisement, fedenp-
ton or extension, TO the highest bidder
or bidders, all the railroad ana properly
covered by and described in the sara
mortgage of Savannah and Atlantic kali
way Company. dated March j, 1890, ana
ali interest ana title therein owned by
said Railway Company the said railOaq
and property being described IN salu
mortgage, as follows:
IAN and singular, the railway or sald
Savannah and Atlantic halfway Coih-
pany, within the limits of Chatham
county Georgia, including ROAD beu'
main track and sidetracks. and appur-
tenances, rights-of-way, rails, superstIu NC
lures bridges. piers, fences, statloh
houses, depots, grounds, st~tlonsl Mnalt ~, 49,
~ nXfuTeF, I'M
prOVements, machine shops ana Tools anu
machinery therein, and all other properly
owned by said company, CONSTITUTING Is
said railway or used IN connection WIZ ~
the operation of the same, including the
real estate of said company, in Chatham
county, Georgia. to-wit: ,...
All those certain lots OF lang, s ituatSe'
lying and being in the city OF saya1iiiss.n,
in the county and state atoresaiu, lying
east of Randolph street, ana soutn Oh
lands of the estate of G.. a. I. LainaI,
and known and designated in the plan OF
said city, as lots numbers thirtY one lSly'
thirty-two (32), thirty-three tS3), thlfly-
four go, thirty-five (35l ana the eastern
portion of lot number thlrty ISOi oot and
ing sixty (60) feet, more or less, FROM, anu
fifty-seVen go feet, more or less, IN uePthi
Gilmerville ward. 80 az,
And also lots numbers forty.tour I'D
and forty-dve Q5, in said GilmerVlile
And, also all that certain parcel Of land
I'm the city OF Savannah, Immediately easl
of said lots oil lana ABOVE ht7NA AbNNt -
nally described in an indenture from ~
Nicholas j. Bayard and others 70 n,
Shields, as the undivided ohe-iouItih VI q
certain tract of lowland immealat ely e 9si
of the said city of Savannah, bounded
north by lands lately OF the estate u
Charles Harris, deceased, on the east Dy
lands formerly belonging TO James Bllno,
on the south by LANDS I . LIZ nv big6
ground of which the other three-fOurths
were conveyed by Nicholas Bayard, as
administrator OF the estate OF =; =; MaIu
60 g. b. Lamar and others by qeeu, ua.s s,
February nineteenth O9tn), eighteen nun
dred and thirty-six 1885, ana recorueu ~, ~
book u L, folios fourteen Q4), htteeh Slo3
and sixteen 90, in the registry OF sal9
county Of cha am, and therin described
as Containing twenty-three and one
third (23i0, acres more or ~
as will more fully appear issn,,srv
Twentieth (20th) Eighteen Hunareu an ~
sixty-eight QS6S), and recorded IN the
Registry of said Chatham County IN lI
Book -Four "a AS, fohos four hu more.
and forty GAO to four hundred ana Iorty-
two (442) which said undivided one-do l,II "
Of said tract was paruuoned anu ulN i
between the said G. b. Lamar and othern
and Nicholas j. Bayard, Administrator OF
L. S. Bayard, by deed bearing GATE De
cember Eleventh Qlth), Eighteen Hun,
bred and Forty-hve, QSi5), ana rec ,2,lls
in the registry of said County, Book Three
I'd DIS, folio sixty-nine (69), Whlch salu
portion was divided as represented IN a
or plan lIldut UN T .
Surveyor on November Thirteenth Q3th),
Eighteen Hundred and Seventy-hVe Slof9l,
and also In a more recent map MADE by
John B.. Howard, on me Iwein1ty-illIs 4 I,
C25th) of November, Eighteen hundred
and Eighty-six 0SSO; said maps Delns
attached to a deed from Mary A. Shlells
and others to Daniel @. Purse, the whole
of said land herein described being con.
tanned within the red lines of said map OF
John b. Howard. Expressly eNolualhs'
however, the engines, locomotives, tend
ers cars and other rolling stock.
and Also, All the revenues, tolls, and
incomes, and all the franchises, liberties,
privileges, immunities and rights OF sala
Railway Company, under its charter ana
the law, and all the estate, right, title,
interest, property possession, claim and
demand whatsoever, in law or in equity,
of said Railway Company OF, in, or 10,
said Railway and said property, and the
tenements, hereditaments and appurte-
nances therunto belonging or in any
wise appertaining, and the reversion ana
reversions, remainder, and remainders,
rents issues and profits thereof
And all of the interest and title therein
Of said Savannah and Atlantic Railway
Company, and It's assigns, and every part
and parcel thereof
The same will be sold In the manner,
and upon the terms as hereinafter stated,
viz: The said property will be sold in one
parcel, and struck off TO the highest and
best bidder. The special masters Will re-
ceive no bid for the property unless, at the
time of making the bid, the bidder shall
deposit with them, either the sum of
ten thousand $4,000 dollars in money, or
a certified check, or in bonds secured by
by said mortgage by said decree foreclos-
ed, to said amount, par value of principal,
as a pledge that said bidder, will make
good his bid, if, upon being reported, the
same is accepted by the court.
OF the price at which said property shall
be sold, there shall be paid in cash. at the
time of the sale, the sum Of five thousand
$4,000 dollars, which shall be received as
part of the purchase price, and from
time to time, thereafter, after conhrma-
ton. such further portions of said pur-
chase price, shall be paid, in cash, as the
court may direct, in order to meet the ex-
penses Of this dependant suit, foreclosure,
and sale, and the payment of any allowed
preferential claims.
The court reserves the right to reject
any bid and retake and resell the said
premises and property upon the failure of
any purchaser for twenty 900 days TO
comply with any order Of the court re-
curing further payment of the bid, or
any part thereof, or any allowed prefer
entail claims.
The balance of the purchase price not
required to be paid in cash, may either
be paid in cash, or the purchaser may
satisfy, and make good, the said bal
ance of his bid, in whole or in part by
paying over, and surrendering, to the
Special Masters, outstanding bonds, ana
overdue coupons appertaining thereto,
or either said bonds and coupons being
received at such price, or value, as shall
be equivalent to the amount that the
holders thereof would be entitled to re-
ceive thereon, in case the entire purchase