Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1896-08-25
sortos OF ronsa0guag sALH-NonyalR

western District OF Virginia on June 18th. 1896.
in n : said Court emitted The Fideiity Insurance.
Trust and Safe Deposit Company and The Mer-
SantltS trust C2npany e9 npi I , Igsns y
PENDANT, and certain DEGREES a~neillary thereto,
IN 1g1 e5qseS pesdinS f 3ee f7ni,s s5e SILL saia fer fbe ri ii
lowing districts, entered: on June nth, lS9S IN
1886. in the District Of Maryland,
We, c. 4 Boyden and Charles Sharp. rs Spe-
highest bidder or bidders. at the passenger sta
tiOn upon the railroad OF the Norfolk and Western
Wednesday, The 10Th day of september,
1S96, at ten o'clock in the forenoon. the rail-
r0ads, properties; rights. privileges and iran,
chises mentioned In the said decree and described
All and singular the railroad OF the Norfolk
and Western Railroad Company formerly OF the
ously Of the Shenandoah Valley Railroad Com
panyl, beginning ut Il point st or near HaserS-
ryIand. and extending thence through washing
ION County. in the State OF Maryland. to a point
In the State OF West Virginia; thence through
jefferson County, in the state OF West Virginia,
Page, Rockingham and Augusta, in the State of
cbesapeake" and y ob9o Raflroa sSs nj Basie. at or or
near Waynes6oro. and crossing said railroad and
bridge, Botetourt and Roanoke. in said State. to
= point OF intersection with the line OF the Nor
folk and Western Railroad at Roanoke. run
ming from Norfolk westerly. together with
certain branches from the railroad above de-
scribed, 8 Including the Rorer Iron Company
Branch. the Roanoke Stockyanis Branch. the
Grocer Iron Company Hranch. the Mace ore
hh9eh laird. the Peter Mine o Branch. the Nine
Bank Branch, the Stuart's Draft Branch. the
nection at Basic, the Crimora Branch. the She
nandoah Ore Branch, the Virginia Midland Con-
Baltimore and Ohio Correction. making together
gether with all branches, sldings and other ap-
purtenlnces of the said line OF railroad. with the
and ali the real estate, rights OF way, easements.
fixtures, rolling stock, machinery. tools and
thereto belonging or appertaining to the said
railroad; and also the reversion and reversions.
right, title, interest. property. possession.
in equity, Of the Norfolk and Western Railroad
Company I'D or to the said railroad. property,
d franc neSi a1ght S:aFPs %It tbernof: and also all and
singular all the railroad and other property, real,
lowers, priTileges and franchises formerly, be,
longing TO the washington ana western EalI1I
other property arpurtenant TO or used In eonnec-
said Norfolk and Western RaIlroad Company
from the shenandoah VALLEY Halfway Company'
and all short branches thereof and Improvements
thereon acquired by the Norfolk and Western
construction. purchase or otherwise, with the
proceeds of any of the bonds issued under me
western railroad Company, known IS its Mary
land and Washington Division Mortgage dated
Also. all railroads, railways, ways, rights of
and shop grounds, yards and other grounds used
and to lie used in the operation of the said lines
rails, tracks, sidinss. switches, bridges, fences,
turntables, water tanks, %viaducts, cuiyertS. rain
freight houses, machine shops, docks and all
other structures; P ~ ,n ana dn n1 I tse nleS
and together with all the rolling stock, machine
said Norfolk and western Railroad Company,
owned or acquired for cOnstructilc. Taintnining,
said lines OF railroad and their appurtenances.
or any part thereof: and all .he real and per
sonal estate owned ut said last mentioned cate
or thereafter acquired and used for the operation
Together with all the corporate rights, privi-
leges and franchises OF the said Norfolk and
S Mesi Ter $50 sSatir Sa th SG@Iftey dhs STniiTsGGa r Il to
the said railroads and branches. including said
struction. maintenance. use and enjoyment OF the
said lines of railroad and property.
And all the streets, ways. passages. waters.
water-courses. easements, rights, liberties, priv
1leses, heredltaments ana appnrtehahces wnatsoI
ever unto any OF the hereinbefore mentioned
premises and estates belonging or appertaininE.
and profits thereof, and all the estate. right.
title. interest. nroPsrty, claim and demand Of
Norfolk and Western Railroad Company owned
and possessed ON said iast-mentioned date, or
every part and parcel thereof.
Subject to the performance by the purchaser,
or his SUCCESSORS or assigns, of all pending con-
tracts in respect of said railroads, properties and
franchises lawfully made by the Hecelvers OF
the Norfolk and Western Railroad Company be-
fore such sale thereof.
AS provided by said DEGREES, said railroads,
properties ana lEaUCnlseS Will DE OueItu lhE safe
as an entirety.
franchises, his successors or assigns, upon pay
ment OF the purchase, price bid therefor, or
upon making such provision as the Court shall
approve for the payment thereof, shall receive
conveyance of and be let into possession OF
the premises conveyed, including all net Income
and other property received by the Receivers
of said Railroad Company in the management
or operation Of the mortgaged premises en-
or pertaining thereto; and the purchaser OF said
railroads, properties and franchises, his success
sors or assigns, shall also receive conveyance OF
any and ali property of the said Railroad Com
pany apDurtenant TO said premises or acquired
for use in connection with or for the purposes Of
said railroads and properties, except rolling
stock acquired with the proceeds OF Receivers
The said sale viii be made subject. and refer
ence IS hereby made, to the terms. conditions.
crces respectively contained. including those in
respect OF NJ the said Receivers. b) claims
against the said Receivers. t) claims against
the said Railroad Company for unpaid indebted
ness or liability contracted or incurred by said
Railroad COmpany In the operation OF the rail
roads and properties sold which may be adj
Judged prior in lien or superior in equity TO said
The Special Masters, as directed by the de-
10 bid for the railroads. properties and fran
niedge that he viii make good his bid. in case
of its acceptance. first have deposited with the
Special Masters the sum OF 100000 in money,
or hy certified check upon any National Bank or
Trust Company I'm the City of New York, or
100000 par value sf the bonds secured by said
MARYLAND and Washington Division Mortgage.
Upon acceptance of any hid the purchaser shall
forthwith deposit with said Special Masters the
sum Of S2JO.OOO in cash. or by certified check
upon any National Bank or Trust Company in the
City of New York, or 100000 par value Of the
bonds secured by said Maryland and Washington
Division Mortgage, but any cash or bonds which
may have been previously deposited by the sue
cCssful bidder as Z pledge that he would make
good his bid. VIII he received on account Of the
amount so required on the acceptance Of his bid
Of The Mercantile Trust Company. In the City or
New York, that II holds Maryland and Wash
therein specified. subject to the order Of the
party therein named. and transferred by such
party to the order of said Special Masters, In
lieu Of such bonds with like fore and eject as
though the bonds therein named had been deliv-
cred 70 such Special Masters.
In case any bidder shall fail to make the de
his bid. the Special Masters will forthwith nEain
offer the property for sale without further notice
or advertisement.
In case any bidder or purchaser shall fail to
make good his bid upon its acceptance by the
Special Masters. or after sqch acceptance shall
fail to comply with any order OF the Court re-
latIng 10 the payment thereof or the consumma-
tiun Of the purchase, then the sums In cash or
bonds deposited by. such purchaser VIII be for
fcitai ~ 4 penalty for such failure. and VIII he
applied toward the expenses OF n resale and
towards making good am deficiency or loss In
than that bid at the prior sale If the Court
shall not confirm the sale the deposit shall be re-
any unsuccessful bidder shall he returned to him
when the property shall he struck down.
Upon confirmation OF the sale by the Court the
purchaser shall make such further payment or
payments in cash on account of his bid rs the
Court from time to time may direct. The pur-
chaser nav satisfy and make good any part OF
his bic not required to he paid In cash by turn
ing in to he Cancelled or credited. as in said de-
crees provided. any OF said Maryland and Wash
such purchaser shall be credited therefor on ac-
count Of his bid with such sums as would be pay
able on such bonds and coupons ont Of the pur,
chase price. = the whole amount thereof had
been paid in cash. The Court reserves the right