The Democratic advocate., 1896-04-04
DUBLIC SALE
4 OF THE RAILROAD OF THE
Frederick and Pennsylvania
Line Railroad Company,
together with all the
Properties. Franchises, Rights
and Privileges
of every kind belonging to the said Railroad
Company.


By virtue of decree of the Circuit Court
for Frederick County, Maryland, sitting as a
Court of Equity, dated the 4th day of Janu-
ary, 1896, passed in the case of George ].
Appold, surviving trustee, vs. The Frederick
ana Pennsylvania Line Railroad Company.
and the Pennsylvania Railroad Company
being No. 1856 Equity, on the docket of said
Court, the undersigned, the trustees appoint
ed by said decree, will sell at public auction,
at the Court House door, in the city of Fred
erick, Frederick county, Maryland at one
O'Clock, p. m, on
TUESDAY, the 9th day of JUNE, 1896,
all the Railroad of the said Frederick and
Pennsylvania Line Railroad Company, ex-
tending from the city of Frederick, in Freder-
ick county, in the State of Maryland, to a
connection with the railroad of the Hanover
and York Railroad Company at or near Kings
dale, on the line dividing the State of Mary
land from the State of Pennsylvania, being
about twenty eight miles in length, and stu
ated partly in Frederick county and partly in
Carroll county, in the said State of Maryland;
including the right of way of said railroad
company, and the land occupied thereby, and
all the bridges, culverts, fences, walls, depot
and station buildings and grounds, and the
appurtenances thereto, together with all the
tolls, rents or incomes, to be had, levied or
collected therefrom; and all the franchises,
rights, privileges, properties and rights of
property. of every kind and description what
soever, belonging to the said Frederick and
Pennsylvania Line Railroad Company; all
of which railroad and its appurtenances, prop
critics, rights of property, franchises, rights
and privileges of every kind and description,
will be sold as an entirety. The said railroad
has commodious and convenient station
houses and grounds at suitable points along
its line and makes connection with and crosses
the Western Maryland Railroad in Carroll
county, Maryland, by an undergrade crossing,
has convenient switches and sidings and is in
excellent condition; said railroad company
does not own any rolling stock, but said rail
road is now, and for sometime past has been,
operated by the Pennsylvania Railroad Com
pany under lease made to the last mentioned
company by the said Frederick and Penn
sylvania Line Railroad Company, and is oper-
ated by the said Pennsylvania Railroad Com
pany in connection with railroad extending
from the terminus of said Frederick and Penn
sylvania Line Railroad at the State line, divid-
ing Maryland from Pennsylvania, to the
borough of York, in the State ofPennsylvania, of
at which place said latter road connects with
the Northern Central Railway.
The terms of sale, as prescribed by said de-
cree, are as follows:-Twelve thousand dol
ldIS k9lZ,OUU.OVJ, Vi lut puTCusSc iilOucl "
be paid in cash to the trustees at the time of
sale by the purchaser or purchasers, the said
payment to be made in money or by certi-
fed check acceptable to the trustees; the re-
mainder of the purchase money to be paid
upon the ratification of the sale, and may be
paid by the purchaser or purchasers in money,
or the purchaser or purchasers may pay the
said remainder Of said purchase money, in
whole or in part. by paying over and sur,
rendering the outstanding mortgage bonds and
overdue coupons issued under and secured
by the deed of mortgage made by the said
Frederick and Pennsylvania Line Railroad
Company to the said George J. Appold and
others, trustees dated October 1st, 1870,
mentioned in the proceedings in the case, in
which the said decree was passed; said bonds
or coupons to be received at such price or
value as shall be equivalent TO the amount
that the holders thereof would be entitled TO
receive thereon, in case the entire purchase
price were paid in cash; all bonds or coupons
that may be used to make such payment, shall
be surrendered to the said trustees to be can
celled if the whole amount due thereon is ap-
piled upon the purchase price, or if less than
the whole amount is applied, then the amount
so applied shall be stamped or written upon
the said bonds or coupons, which shall then
be returned to the holders. Upon the Courts
ratification of the sale, and the payment gf
the whole purchase money, the trustees will,
by good and sufficient deed, convey to the
purchaser or purchasers, all the property,
| franchises, rights and privileges, hereinbefore
described; and the said purchaser or purchas-
ers and their assigns upon compliance with
the terms of sale and the payment of the pur-
chase money, will be invested with and entitl-
ed to the property so sold as fully and com
pletely as the said Frederick and Pennsyl-
vania Line Railroad Company held and enjoy
ed the same, and free and discharged of and
! from the lien of the said mortgage deed of
trust and from the claims of all parties to the
above e-mentioned case, or any of them.
The purchaser or purchasers will be entitled
to possession as soon as the sale shall have
been ratified, the terms of sale complied with
| and the purchase money paid.
Any further information desired will be
furnished upon application to either of the
! trustees.
BERNARD CARTER, Baltimore,
MILTON G. URNER, Frederick,
Trustees.
Maj. Chas. B. Fout, Auet. mari l4t