The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-10-30
LEGAL NOTICES

LEGAL NOTICES
anu Southern Railway Company or the
Norfolk and Western Railroad Company
ior unpaid Indebtedness or liability con-
tracted or incurred by said Railroad Com.
panies or either of them in the operation
Oh the railroad and property sold, which
may be adjudged prior in lien or superior
IN equity to the mortgage of the said
Roanoke and Southern Railway Company
GATED March 10th. 1892, for the foreclo-
sure oil which said DEGREES were entered.
Inc Special Masters, as directed by the
uecrees, VIII receive no bid from any one
oiierihS to bid for the railroad, property
anu franchises above described who shall
not, as pledge that he will make good
his bid i'll case of it's acceptance, first
nave deposited with The Special Masters
the sum OF 5000 in money, or By certi-
ileu check upon any National Bank or
trust Company i'll the City of New York,
or SlOu,O0O 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, 600 in
cash, or by certified check upon any Ma,
tlonal Bank or Trust Company in the
City of New York, or 5000, 600 par value
OF the bonds secured by said mortgage:
been previously deposited by the success.
full bidder rs pledge that he wonld
make good his bid, will be received on
account of the amount so required on the
acceptance of his bid.
The Special Masters will receive n
certificate of The Mercantile Trust Com.
pany, in 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 rs though the bonds there
III 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 Special Mas
tiers will forthwith again offer the prop
crty for sale without further notice or
advertisement.
In case any bidder or purchaser shall
fail to make good his bid upon its accep-
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 Il penalty for such failure,
and will be applied toward the expenses
of resale and towards making good any
deficiency or loss in case the property
shall be sold ut II price less than that bid
ut the prior sale If the Court shall not
confirm the sale the deposit will he re.
turned to the bidder. The deposit rcceiv.
ell from any unsuccessful bidder will bc
returned to him when the property shall
be struck down.
Upon confirmation of the sale bv the
Court the purchaser shall make such fur
ther payment or payments in cash on nc
count oil. 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 be paid in cash by
turning in TO he cancelled or credited rs
in said DEGREES provided any of said bonds
issued under said mortgage, dated March
10th, lS93. or coupons; and such pur.
chaser shall be credited therefor on ac.
count of his bid with such sums as would
be payable on such bonds and coupon.
out of the purchase price, if the whole
amount thereof had been paid in cash
The Court reserves the right to resell snit
railroad, property and franchises upo1
such notice as the Court shall direct in
case the purchaser thereof shall fail OF
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 blythe Court whi.h re.
tains the right to retake and. resell snid
property in case such purchaser, or his
successors or assigns shall fail to com.
ply with any order of the Court in re
spect to the payment of amy such prior
Indebtedness or liabilities within thirt,
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 particu
lars reference is made to the above men
toned DEGREES of said Courts
Dated October 10Th, 1896.
G.. f.. BOWDEN,
CHARLES SHARP,
Special Masters.
COWEN, CROSS & BOND,
Solicitors for Complainant Mercantile
Trust and Deposit Company of Balti-
more, Trustee, Baltimore, Maryland.
10 % IL w D W
TO PAMELA w. and II. a. Sims
You are hereby notified that on the 1 st
day of the December term, 1896, of the
hastings court for the city of Roanoke,
Va, the National Mutual Building and