The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1897-12-23
SALES.--FUTURE, nay.
SPECIAL COMMISSIONERS sALp
~, OF THE NORFOLK AND OCEAN
tiEW RAILROAD, ITS PROPERTY
OCDAN -NllGW HOTEL PROPERTY. - 2

OCEAN VIEW HOTEL PROPERTY
o9 tit to the decree Of the Circuit
18th day Of November. iSs7 in n the III suit in
ker Manufacturing Company is plaintiff,
and the Norfolk and Ocean View railroad
Company and others are defendants. de-
Of the sum directed to be paid by the
said decree within the time therein pre-
front Of the Custom House, in the city OF !
wMRaPN StH is5s AT TIE e 6 5sR PAr OF
the following property, to-wit:
the list day of May, 1895. executed by tho the
MorfollS and Ocean View Railroad and
oeesn GVGIm aWp noT the MorfpS and
Norfolk Bank for Savings and Trusts,
trustee r. st therein described as follows. that
AL and singular, the several railroads.
FT,niiiHMayS' roads and roadbeds OF the said
tHt air Company, consisting of one con-
railroad, beginning at Church street and
Henry street, in the city of Norfolk, Va,
ty Of Norfolk 10 Ocean view. Va, con-
sstlng OF about eight and one-third miles
or single track railroad, together with all
said limo OF railroad, with tho tolls, in
and all the real estate, depots stations,
power power houses engines, boilers, dynamos,
generators gen machinery, tools. electric mo-
pies, implements, rights of way, fixtures,
lenses lens !, leasehold interests ana equipments
longing. and all property, real personal
Kind u m nn1 and niso all property Of every
aWer acquired by the said Railroad Com
pamy ana al public and corporate rights,
powers and franchises belonging or APP
now owned or hereafter acquired: and
aiso al the rerersion and reTersions, re-
maIndsr and remalnders, and all the es-
tate, right, title, interest, property, pos
session, claim and demand Whatsoever,
as we'll at law .as in equity of the said
Railroad Company now owned or here
after acquired In and to the So id railroad.
property, franchises, rights, powers and
privileges and TO every part and parcel
And also the hotel and other buildings,
VIII, Win the furniture. fixtures and personal
plant, pavilions. bath houses and all 9th
or structures OF every nature and char
ae and aGiSgni n9 s, or to be acquired;
passages, waters. water, COURSES, ease
ments, rights liberties. privileges. lands,
tencments Entertainments and nppurte,
nanceS whatsoever thereto belonging or
IN any ways appertaining and the rever-
sions and remanders, rents, issues and
title, interest, property, claim and demand
whatsoever OF the said Railroad COMPANY
thereof" pa
The said prcperty and franchises will
De SOLD ms {; whole, but subject TO and
with the beniit and all exccutory and sub
siStng contracts made by the receiver In
said suit under the authority OF the said
court, or which full and accurate state. Z
undersigned at the time OF sale and sub
lect also to any legal liabilities that may
hereai tier DO established against tho
by him In his capacity of receiver. or out
OF any suits or proceedings which may he
pending AGAINST him at the time of said
sale, or may be instituted against him at
any time thereafter, and such liabilities
II any. Will remain liens upon the prem
the benefit of and subject to ali suits or
proceedings which may have been or may
pe instituted by the said receiver
The said property, rights and franchises
der, but before. any udjucation is made
10 10 MIN. he must pay in cash the sum of
IWenty-iivc Thousand Dollars, ana il the
sale Is confirmed by the court the balance
OF the purchase money must he paid with
In ninety days. unless further extended
prescribed by order of the court. but the
purchaser shall have the right TO antici-
Patc the day of payment
Alter the payment by tho purchaser Of
s s,a; , sum In cash rs may be sufficient to
pthe trust created by the said deed to Tho
Noriolk Sank for Savings and Trusts, as
trustee: including the sum OF S3e0. with IN
lerest from May l. 1895, and MISC inciudint,
its reasonable COMMUNICATION as trms,as
u umuer me SAID deed of trust together with
any amount paid or TO be paid or incurred
or allowed as fees. compensation or REIN,
,n. .n OF expenses TO counsel. and the
Indebtedness of the receiver NV crrtir-
Gates or otherwise, and tho i;cns and IN
debteaness IN the said decree declared n
pc prlor 10 the mortgage bonds, ana for
me PAYMENT OF the pro rata dividend ont
OF the net proceeds OF sale for distribution
that may be due 10 these bnncIcinrjrs
under the said trust deed, whose bonds
anu coupons may moi ln in
OF tie purchase money the UNDERSIGNED
are authorized to receive from the pur-
ciitser or purchasers in part payment Of
inc purchase money, any Of The bonds IN.
unpaid coupons, with interest thereon 10
or towards the payment of which the
sald net proceeds of such sale shall nn
legally applicable. the amount Mt when
sucii bonds or coupons are to be received
In part payment OF such purchase money
10 DO determined and fixed III II sum
when snail: upon proper distribution
anu accounting for such proceeds be not
more than the share or proportion paya-
pc OUT OF such net proceeds to such mr.
GcnnSer or purchasers as the holder or
holders of such bonds and coupons ana
me PONDS ana coupons so applied in salts.
faction of the purchase money shall he
treated as payment thereof TO the cx-
'cnt OF such application.
. Ana the receivers certificates and the
NenS ana Indebtedness declared l,y the
bono onds ec or an TO of of hr1r to the ofags
cash In the payment OF any par, oC ,hS,
pur ,;ii money to the extent that such
,I,a.ai 80 .inu VIC LchS ana Indebtedness
lhcrcin declared TO be prior TO the mort
gage bonds respectively go used, AMI Tho
interest que thereon would he entitled Ia
snare III The distribution OF the cash SO
required except as 10 tho sum of money
required to be paid on the day of sale us
aforesaid. ~ 90
IN case or he failure Of any bidder 10
comply with the terms of sale that are 10
complied with on the day of sale or b"
,Grc u maj adjudication to such bidder.
me Undersigned are authorized by lhn
sara decree 10 reject the bid, and proceed {
az once then and there TO make II resale.
or then and there 10 nnnnnncn lbni ~,