The Superior times. [volume] (Superior, Wis.) 1870-1912, 1896-06-13


road Company ............. 423.50o 500
si1.931 800 sl5eoo
All extensions Of and additions to the rail-
roads OF said Northern Pacific Railroad by con-
and all bonds or other securities obtained by
said railroad company in the course Of such
extent that such extensions. additions and bonds
G or %thet securities were paid t95 BY the pro
Mortgage but subject TO said general Second
Mortgage and said General Third Mortgage OF
covered by said two iast-named mortgages
AS THE THIRD PARCEL.
Northern Pacific Railroad Company. under leases
or otherwise, in and to all branches at The
Mortgage. namely. the LIST day of December. 1857.
constructed and operated as feeders to said main
Northern Pacific Railroad Company. viz: The
Little Falls and Dakota Railroad in Minnesota;
Railroad. and the Duluth and Manitoba Railroad
western Railroad, the sanborn Co6perstown and
Turtle Mountain Railroad, the jamestown and
road. and the Northern Pacific. La Moure and
Mss River Railroad in Dakota tn. Rocky
Jefferson County Railroad. tho Helena and Red
Mountain Railroad. the Missoula and Bitter
Root Valley Railroad. the Helena and Northern
Railroad. the Drummond and PhilIipsburE Rail
road. and the Helena. Boulder Valley and Butte
Idaho Railroad. in Idaho; the spokane and Pa
Raiiroad the Northern Pacific and Puget Sound
Shore Railroad. and the Clealum Railroad, in
TO all branch railroads after the date OF the
ecutton OF said mortgage acquired or constructed
line Cascade Branch. with the hereditamsnts
and appurt0nances thereto belonging and ap-
AS provided by said DEGREES the purchaser OF
any said parcel. his successors or assigns. upon
upon making such provision the Court shall
approve for the payment thereof. shall be lie;
ing all income proceeds Of income bills and &C
counts receivable. cash and other property. re
in the management or pperation OF the mort
gagged premises embraced in such conveyance or
first parcel his successors OF assigns, hall also
Fsceys oonyeyapee OF any and All p59pt1'y %
premises and acquired for use in connection with
business OF said railroad company. and vested in
or standing in the name OF the said Receivers
acquired title, all Of the foregoing being included
in such sale.
The said sales will be made subject, and ref
erence IS hereby made. to the terms, conditions
reservations and obligations in said several de
crees respectively contained, including those
therein described applicable to said first parcei
in respect OF ta) the Receivers OF the Northern
racine hailroad Company; 90 the Certlhcates o.
the said Receivers; tc) claims against the said
company for unpaid Indebtedness or liabilities
contracted or incurred by said railroad company
in the operation of Its railroad. payment whereof
Was provided for In the orders appointing N"
Receivers. and which may be adjudged prior i'll
mortgage, (ey the Wisconsin Genital COMPANY
and the Wisconsin Central Railroad Company
The Special Master directed by the DEGREES
Will receive no bid from any one Offering 10 BIC
shall not. pledge that he viii make good his
bld for such parcel in case of its acceptance. frs
have made deposit with the Special Master
In respect OF the said first parcel the sum @
b2nts secured by said General Second Mortgage
Of $3.50, 900 in money. or 81 .ooo. ot0 par value o
said Consolidated Mortgage bonds.
900 in e or sFe BAR tnt aa. OF .ao
General Third Mortgage bonds
said parcels the purchaser thereof forthwith shat
make deposit with said Special Master FOL
en-, In ore respect Of said first parcel the sum OF
SSoo,oGI IN cash or $4,000 par value Of said
c,'t@,JT IN cash. $1,000, ju-6 par value Of saiG
Consolidated Mortgage bonds
cash or $4,000 par value of said Genera.
The Special Master will receive certified checks
upon any national bank or trust company in tn.
eeiIe certificates of The Farmers Loan am
Trust company that ii holds bonds as therein.
named and transferred to the order OF said Spe
cial Master, in lieu Of such bonds with like fore,
had been delivered to such Special Master
any cash Or bonds which may have heen de
that he would make good his bid. shall be re
the acc9Pa TSs" on his ia bid amount required
htd dhe d DEP received from any unsuccessful
erty shall be struck down.
In case any bidder. upon acceptance Of his
bid shall fail to make the deposit by said de-
G S required the Special Master will then ana
t tt again offer the property for sale withou,
tuItheF hotlce or advertisement.
In case any bidder or purchaser shall fail to
Special Master, or after such acceptance shaI.
fail TO comply with any order Of the Court re
ton Of the pdrchse them the DEPOSIT laf gds "a
such purchaser or purchasers viii be forfeited
piled towards the expenses OF a resale and
towards making good any deficiency or loss in
than that bid at the prior sale.
II the Court shall not confirm the sale for
deposit will be returned to the bidder
Upon confirmation OF any sale by the Court
or payments in cash account of his bid as
the Court from time to time may direct The
good any part Of his bid not required to be pafG
as in said DEGREES provided anV bond or or
pa ahle out OF the proceeds OF such parcel upon
distribution OF such proceeds and such pur
his bid with such sums as would be payable OIL
prize if the whole amount thereof bad has
paid in cash. The Court reserves the right to
as the Court shall direct, in the purchaser
thereof shall fail or omit to make any payment
chase price within thirty days after the e entry nu
Of an order requiring such payment.
the decree iurfsiiction Of the csT, g S.s %
by the Court, which reserves the right to rct.ke
and resell any parcel in case the purchase
thereof, or his successors or assigns shall fan TO
comply with any order OF the Court in respect
to the payment OF any such prior Indebtedness
or liabilities within thirty days after service Of
q copy OF such order
The Special Master will accept no bid OF less
than ten million dollars for the said first parce.;
no bid OF less than two million dollar. for tn.
said second parcel; and bid Of less than five
hundred thousand dollars for the said thrL
parcel For further particular. reference is
hereby made TO aforementioned DEGREES of said
Courts.
Dated. May 18th. 1896.
ALFRED l.. CARY,
Special Master
TURNER. MCCLURE & ROLSTON
Compartments Solicitors,
% William Street,
New York. y. Y.