The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-06-20


Northern Pacine and PaSst
sound shcre Railroad Coln-
Tacoma. or,ias G southeast. ~ -
s $ ss,! Rs'i4s ss'1S.ss $50 +.
Recky ForS A Cooks city
Ratroaa Company ....-.... soooooo
Green River s Northern Rail '''
read Company ..........-.. 4@Ssoo -
slissi go NsW
All extensions Of snd additions 10 ths ~
roads 90 said Northern Pacific Railroad ~ ~
str0ctien. acquisition. purchase OF othervs~
and al bonds Or ether securities ohtainsa =
said railroad company in the course Of n.ss
acquisition or construction, CT otherwise. to fAs
extent that such extensions. additions ana hseas
or other secart - vera paid for hy the ~
ceeds OF bonds secured hy said CcnscssasssA
Mortgage hut subject 10 sali genera 49,
Mortgage and said General Third Mcrtrs~s :
said Railroad Company As 70 any q said pssss.s,
covered by said two last-namea mortsagsa
AS THE THIRD PARCEL
All the estate. right ara titis OF the .s,s
Northern Pacific Railroad Company. undss issss
date Of the execution Of said General rA,ss
Mortgage. namely. the "a, day Of December in
line. and 90 the sad Cascade R-anch a -
Northern Pacific Railroad Company via ~
Little Fails and Dakota Railroad In Minn<sasa
the Northern Pacific. Fergus ana B.sck Hsns
Railroad. and the Duluth ard Manitoba RaigcsI
IN Minnesota and Dakota. the Faro ana ssu,A
western Railroad. the San horn. Coopersfown ~
Turtle Mountain Raiirosd. the jamestown ~
Northern Railroad. the James River Valley Ran
Missouri River Railroad. In Dakota: the Rocfy
Mountain Railroad, OF Mcntsna. the Helena M
Mountain Railroad. the MissOala ana a ~
Root Valley Railroad. the Helena and Northern
r Ea,ros S The ne nr .1f ssd fnpseurg Raj
Railroad. in Montana; the Spokane FAILS "a
Idaho Railroad. in idaao; the Spokane ana n
Railroad the Northern Pacific and Puget SocrS
shore Railroad. and the clealan Railroad d
Washington Territory. now statei; ard in ~
TO sll branch railroads after the cate OF the a
ecutton of said mortsage scauiEed or ecnstrucia
line or Cascade Branch. with the heredlsamss,s
and appIrtenaaces thereto belonging aad -
pertaining.
any said parcel. his successors sssigns upss
payment OF the purchase price bid therefor II
upon making such p-cvisiui as the Court shat
approve for the payment taereof. ssan b II
into possession OF the property conveyed inclet
oss,ss 81 en- nsnss p r,, ana =
ceiVed BY the Receivers OF said raiirosi COMPANY
n the management OF operation OF the NOR
gagged premises embraced in such eonvsyause
pertaining thereto, and the purchaser q suca
nrst parcel, his successors or assigns. shall ass
receive conveyance Ct any and all property u
the said railroad company appartenant to uAt
premises ana acquired tor uss IN eennsetian via
business nf said railrea3 company. and vested 4
or standing in the OK the saAd RsceiveY
or 90 when said Receivers in any manner hass
acquired title, all of the foregoing being snciuded
IN such sale.
The said sales will be made subject. ana NJ
reservations and oel.gstions in said several -
crees respectively contained. including thase
therein described applicable to said nr,s pered
Pacific Railroad Company. tbl the ccrtineatss 4
the said Receivers: scl claims against the ~
Receivers ta) claims against the said railrsed
company for unpaid Indebtedness or liAhiaass
contracted or incurred by said railroad comrAnl
in the operation OF its railroad. payment vhsssf
provided fer Ia the orders appointing he
Receivers. and which may De sd1udsed pri0 y
lsn OF superior IN esqlty % sa1a ssnssa $1,000
and tho Wisconsin Central Railroad COMPANY
and the Receivers thereof.
The Special Master. as directed by the dscrsss
Will receive no bid from amy one Offering % hd
for any one OF the parcels above described who
bid for such parcel in Ease Of its acceptance Ast
have made deposit With the Special Master =
In respect OF the said arst parcel the sun d
500, 900 in money, or s2po.ooo par value o. ne
bonds secured by said General Second MoftsASs
IN respect OF the said second parcel NE sun
OF s2Se.Voo in money or 81 ooo.ooo par value q
said Consolidated Morssase bonds,
Ia respect OF said third parcel the sum Of -.
ooo In money or s1z5. 900 par value cf saM
General Third Mortgage bonds,
said parcels the purchaser thereof forthwith shall
make deposit with said Special Master - fcs-
In respect OF said first parcel the sum 4
$500. 600 in cash, s5eooo6 par value az ssM
In respect of said second parcel the sum 4
$Juc. ~ Ia cash. 81 pve 900 par value Of nd
Consolidated Mortgage ecnds.
In respect Of said third parcel $4,000 10
cash. or 100000 par value OF said General
Ths special Master viii receive certified checks
upon any national hank or trust company u ,hs
c,ys OF nesH as gaensy ana arg wiz "a
Trust, Company rsat II holds bonds az therein
named ana transferred 10 the order OF said sps.
cisl Master, ia lieu of such bonds with like force
and effect as th2axa the bonds therein NAMED
had been delivered 10 such Special Master.
Any cash Or bonds which may have bean a.
po@ited b. The successful bidder az . pledfs
akR 80 "a hail -
eeiYed on account OF nc amount required %
The deposit received from any unsuccessful
bidder win be returned 10 MIN when the prop
erty shall be ssraci! aesn.
bid. shall fail 70 rnsSe the deposit BY said a..
orsez required, tho SPECIAL Master viii then ana
farthet notice advertisement
In ease any bidder or purchaser shall fail 70
Special Master. or after such Acceptance. .hall
faA 10 comply with any order Of the Court re-
ton OF the purchase. then the deposit made ,,
SUCH purchaser ~ purchasers viii be forfeited
as penalty fef such failure and Will be ~
Piled towards the expenses OF resale ass
towards making good any deficiency or loss 2
case the property shall DO sold at a prizes len
than that bid al The prior sale.
II the Court shall not confirm the sale fx
which the deposit shall have been made. sA
dsp1ait .iii be returned 70 tha bidder
Ipnn confirmation ~ any sale by the rour
sse purchaser shall make such further pa yrnsnt
or payments IN cash on account o. his bid y
the Court from time % time may direct. m
pufT haEeg % any parcel may satisfy ard usu
good say part % his hid not required TO be pab
in cash. by turning In e. 10 cancelled or credited
ss IN sad DEGREES provided, any bond coupae
payable out Of The proceeds Of such parcel upss
distribution OF such proceeds. and such par
chaser shall be credited therefor account u
bis bid with such sums would be payable -
such bonds ana coupons out Of the purchss
price. n the whole amount thereof had bees
paid ia cash. The Court reserves tho right y
resell any parcel q tie property upon such nofics
as the Court shall direct. ia ths purchase
thereof shall fail or omit 20 make any pzym<n
on account % any uEpsd balance ~ the pur
chase price wiftjn thirty DAYS after the snuy
81 sn order requiring such payment.
Fer the purpose ~ enforcing the provisions
this decree. Jurisdiction of the cause IN rstained
~ thu Court whtcB reserves the right 10 rffsSf
and resell any parcel tn case the purchaser
thereof or BIS suecers1rs assigns shall fail v
comply with any order Of tho Court in respsEf
20 The payment 81 any such prior indebtednss
or Liabilities within tnirty days after services "
q copy % sHeh order.
The Special Master viii accept no BID Of ises
thsn ten million dollars for the said fFst pafess
no Did cf less than two million dollars for -
saia second parcel. and no hid % lsss thss ~
parcel. FOR further particulars references
hereby made 10 above 1seDti onsd DEGREES Of -
Dated. May 18th. 1890
ALFRED T.. CARY.
special AastG
TURNER. Mcclure HoLsTos,
1amp.ainfant'A Collectors.
y William Street.
&rN-EETk -