The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-11-13
LHGAL NOTICES.

ern Halfway Company appurtenant to
SAID premises or acquired for use i'm con-
nectlon with or for the purposes of said
railroad ana property.
Ihe Salu sale will be made subject, and
reference is hereby made, to the terms,
conuitions, reservations and obligations
IN SAID DEGREES respectively contained. in
cluuihg those i'll respect of (a) the said
receivers 10 claims against the said Re-
celvers' 'c) claims against the Roanoke
and Southern Railway COMPANY or the
Norfolk and Western Railroad Comnanv
for unpaid Indebtedness or liability con
tracted or incurred by said Railroad Com.
panies or either Of them in the operation
OF the railroad and property sold, which
may ne auJudged prior in lien or superior
III equity TO the mortgage of the said
Roanoke ana Southern Railway Company
dated March 10TH 1892, for the foreclo-
sure of which said DEGREES were entered.
The Special Masters, as directed by the
decrees will receive no bid from any one
offering to bid for the railroad, property
and franchises above described who shall
not, as II pledge that he will make good
his bid, i'll case of it's acceptance, first
have deposited with the Special Masters
the sum of SOU in money, or by certi-
fled check upon any National Bank or
Trust Company in the City of New York.
or SlOO,OOO par value of the bonds secured
by said mortgage dated March 10Th, 1892.
Upon acceptance of any bid the pur-
chaser Shall forthwith deposit with said
Special Masters the sum of $50. 900 in
cash, or by certified check upon any M.
tional Bank or Trust Company in the
City of New York, or 5000 600 par value
of the bonds secured by said mortgage;
but any cash or bonds which may have
been previously deposited 10y the success
full bidder as pledge that he would
make good his bid, will he received on
account of the amount so required ON the
acceptance Of his bid.
The Special Masters will receive a
certificate of The Mercantile Trust Com.
pany, i'll the City of New York, that it
holds bonds issued under said mortgage
dated March 10th, 1892 to an amount
therein specified, subject to the order of
the party therein named, and transferred
by such party to the order of said Special
Masters i'll lieu of such bonds with like
force and effect as though the bonds there.
in named had been believed to such Spec-
ial Masters.
In case any bidder shall fail to make
the deposit by said DEGREES required upon
acceptance of his bid, the Spccial Mas
crty for sale without further notice or
advertisement.
In case any bidder or purchaser shall
fail to make good his bid upon it's acccp-
lance by the Special Masters, or after
such acceptance shall fail To comply with
any order of the Court relating to the
payment thereof or the contamination of
the purchase, then the sums and cash or
bonds deposited by such purchaser will
be forfeited rs penalty for such failure.
and will be applied toward the expenses
OF II resale and towards making good any
deficiency or loss in case the property
shall he sold at price less than that bid
ut the prior sale. If the Court shall not
confirm the sale the deposit will be re.
turned to the bidder. The deposit receiv-
ed from any unsuccessful Bidder will be
returned To him when the property shall
be struck down.
Upon confirmation of the sale by the
Court the purchaser shall make such fur
ther payment or payments in cash on ac-
count of his bid rs the Court from time
TO time may direct. The purchaser may
satisfy and make good any part of his
bid not required to he paid in cash bv
turning in to be Cancelled or credited as
in said DEGREES provided, any of said bonds
10th, 1892, or coupons; and such pur.
chaser shall be credited therefor on ac-
count of his bid with such sums us would
be payable on such bonds and coupons
ont of the purchase price if the whole
amount thereof had been paid in cash.
The Court reserves the right to resell said
railroad, property and franchises upon
such notice rs the Court shall direct in
case the purchaser thereof shall fail or
omit TO make any payment on account
of any unpaid balance of the purchase
price within thirty days after the entry
Of an order requiring such payment.
For the purpose of enforcing the pro-
visions of the decree, jurisdiction of the
cause is retained by the Court, which re-
tains the right to retake and resell said
property in ca such purchaser, or his
successors or assigns. shall fail to com.
ply with any order of the Court i'll re-
spect To the payment OF any such prior
indebtedness or liabilities within thirty
days after service of Il copy of such order
The Special Masters will accept no bid
of less than the sum of five hundred
thousand dollars. For further pnrticu
lars reference is made to the above men
toned DEGREES of said Courts.
Dated October 10Th, 1896.
G. T.. BOWDEN,
CHARLES SHARP,
Special Masters.
COWEN, CROSS & BOND,
Solicitors for Complainant Mercantile
Trust and Deposit Company of Balti-
more, Trustee, Baltimore, Maryland
10 221 W , w
TRUSTEES SALE.-On the 9Th day of
December, 1896, at 10 II. m, will offer
for sale ut public auction ON the premises
the following property in the city of Roa-
noke, Va:
beginning mt IL point on the west side
of Border street 1872 feet north of Bullitt
street, thence with snid Border street
north I'D degrees east 81 feet to II point on
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