The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-10-23
LEGAL NOTICES.

chaser shall forthwith deposit with said
special Masters the sum of $4,000 in
cash, or by certified check upon any Ma
tional Bank or Trust Company in the
City of New York, or 5000, 600 per value
OF the bonds secured by said mortgage;
out any cash or bonds which may have
neen previously deposited by the success
1ul bidder as u pledge that he would
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 a
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 in lieu of such bonds with like
force and elect 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 Special Mas
ters Will forthwith again offer the prop
erty for sale without further notice or
advertisement.
In case any bidder or purchaser shall
fail to make good his bid upon it's 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 as penalty for such failure,
and will be applied toward the expenses
OF resale and towards making good any
Infipinnn-- or Acs Al.
shall be sold ut II price less than that bid
at 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
Their payment or payments i'll cash on ac-
count Of his bid rs the Court from time
to time may direct. The purchaser NAV
satisfy and make good any part of his
bid not required to be paid in cash by
turning in to he cancelled or credited, as
in said decree provided, any of said bonds
issued under said mortgage, dated March
10Th, 1872, or coupons; and such pur-,
chaser shall be credited therefor OH ac-
count of his bid with such sums rs would
out 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 as 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 blythe Court, which re.
tains the right to retakc and. resell said
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 thirty
days after service of n 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.. r.. BOWDEN
CHARLES SHARP,
Special Masters.
COWEN, CROSS & BOND,
Solicitors for Complainant Mercantile
Trust and Safe deposit Company of
Baltimore, Trustee, Baltimore, Mary
land.
10 22-1 aw5w