The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-02-16

ing. wherein The Farmers Loan and Trust Com
the Louisville. New Albany & chicago Raii%ay
Company and others are defendants. 1. the sub
crees, will, on the
10th Day of March, 1897,
or the day TO which may adjourn the sale.
OF the defendant Louisville. New Albany 4 Chi.
cago Railway Company. near the Bedtime juno
public auction. to the highest bidder or bidders
all the property, rights and interests covered
New Albany q Chicago Railway Company men
TONED rel, In saiG DEGREES. one made and executed
to The Farmers Loan and Trust Company and
John H. Barker, as trustees. dated January l.
E ory Ia N ana executed TO Central trust
as trustees, dated May J. 1890 and one made
and executed to Central Trust Company OF New
YORK and James Murdoch. as trustees. dated
September ]. 1894, including all the line Of rail-
way of said Louisville. New Albany a Chicago
hallway Company, extending from New Albany.
Indiana, TO Michigan City, Indiana. and also
State line between Indiana and Illinois On abous
twenty miles southeast OF the city OF Chicago,
of railroad. called the BEDFORD q BloomhelS
Railroad. extending from Bedford to Sw.tz City,
owned line OF railroad. called the Orleans West
Baden AZ French Lick Springs railroad. extend
also all its lands. station buildings. tracks and
terminal facilities in the city OF Louisville. Ken
tary and leasehold estate and terminal facilities
in the franchises property, tracks and station
a.
road Company and in the Belt Railway Company
OF Chicago, in the city of Chicago or elsewhere
estate irackaee. ieasehold ana Contract rights
and terminal properties. stations sidings and
and also all its ieasehoid and Contract rights.
trackage and terminal facilities vested in Il by
Jenersonville, Madison a indianapolis Railroad
Company. the Pennsylvania Company and the
and traffic are moved and handled between the
city OF New Albany. Indiana, and the city Of
nd alc nil arfxr Of
every kind owned by said railroad company and
above mentioned, and ali equipment. tools. ma
chinery. materials and supplies of said railway
stock OF the Chicago q Western Indiana Rail-
road DAD Company Of the par value of 500 SO. each;
way Company of Chicago. OF the par value OF
500 each; 1880 shares OF the capital stock OF
the Bedford & Bloomfield Company. OF the par
leans. West Baden & French Lick springs Rail-
way Company Of the par value az 500 each:
and also five certain parcels OF railroad equip
ment being: Cd 300 box cars built by the Has
90 $50 fat cars built by the Hsskeii & Barker
Car Company. costing So. $50; % 200 coal cars
Car Company, costing slO2.75e: ca 800 box cars
and go fiat cars built by Oliver Adams. agent.
Haskell & Barker Car Company. costing s37O. 900.
All Of said equipment incluced in said Eve par
Company of New York, trustee Louisville New
Albany and Chicago Railway Cimpany Equip
The said property will be SOLO WITHOUT vaiua-
ton appraisement or redemption and will be of
20 say: There will first be offered for sale, sep
savs ana IN one s OF t9e 2opery
said five parcels OF railroad equipment, but in-
Guiding said shares Of capital stock. No bid
der for sum less than q 500 0Oo nor from any
eader who shall not place win IL h hands Of the
of making the bid. as pledge that such bidder
sn snake q goe ss Rd ~ Or ee9 BY a snt
There will be next offered for sale, separately
equipment above mentioned and described. No
bid Will be accepted for this property from any
bidder Who shall not place in the hands Of the
special master deposit with him at the time
will make good his bid II accepted by the court.
the sum OF 5000 In money or certified check
as above mentioned, the special master will then
offer Tor sale the entire property covered by said
mentioned and described and including said five
parcels of railroad equipment. one parcel.
Snd If the highest BIZ reeeved by the sppsca
master for the same shall exceed the aggregate
when offered separately, then the whole win be
struck on End cb s hid 9s an tSe en sos e The pen
oe accepted for the property as an entirety from
sS bidder s iS5 SRa ss '4 Dn1 ssss q
hands of the special master or deposit with him
the sse s Gf nP the ef 81. az s 5s
by the court, the sum OF $4,000 in money or
of the price for which said property shall be
sold, there shall be paid in cash at the time OF
required which VIII be received as a part OF
the purchase price, and also at the same time,
and from time 10 time thereafter. such further
portions of said purchase price shall be paid ia
cash as the court may direct. in order 20 meet
dated herein, and such receivers Indebtedness
as shall have matured prior to the confirmation
Of sale herein, and TO pay such claims, IL any,
against the mortgaged property a. the court
may adjudgs to be prior in equity 70 the said
any bid. and to resell said premises and prop
erty upon the failure OF any purchaser for twen-
requiring payment. The balance OF the purchase
price not required to be paid in cash may either
be paid in cash. or the purchaser may satisfy
and make good said balance Of his bid. In whole
or in part; By paving over and surrendering out
standing bonds and overdue coupons appertain,
ing thereto, secured by said mortgage dated
January l. 1856. secured by said mortgage
dated May l.. 1890. or secured by said mortgage
dat ted September l, 1894. said bonds and coupons
be equivalent 20 the amount that the holders
thereof would be entitled TO receive thereon I'm
case case te gone Pnrovisons sail be appessIe
whether the said properties be sold in separate
accepted by the Court. and the person making
the same shall fail TO comply with ali the con-
ditions OF sale and all orders of the Court in
resnect thereto the sum deposited 10y the bidder
shall ne forfeited. and shall be applied as the
The purchaser or purchasers Of any parcel at
such sale shall as pa,t 0t -, me ~ ios
the property purchased upon the express condi-
ton that he or they or or, his OF their assigns APP
~ and satisfy any and all receivers indebted
ness which shall Spt be paid by the receiver
gagged property. or which shall not be paid out
OF the proceeds Of sale as directed in said de-
crees and also any and all claims filed prior
10 the date Of said DEGREES. which may be
fIed after such date within a period TO be linn
ited bv an order OF the Circuit Court OF tbs
United States for the District OF Indiana I'm said
OF the causes consolidated therein in respect OF
the parcel purchased, but only when and as
the Court shall allow such claims and adjudge
the same be prior In lien 10 the mortgages
shall determine the parcel In respect Of which
such claims shall be payable, and in accordance
such claims and adjudging with respect th,reto:
and the purchaser purchasers. their ap
proved assigns. shall be entitled 20 appeal from
any and all orders or DEGREES OF the Court IN
shall have all the rights in respect 20 such Gp-
peals which the complainants In said suit. or
any OF them: would have IN case such appeals
had been taken by them. The Court reserves
the right TO retake and resell said property In
case OF the failure neglect OF the purchaser
or purchasers. or his or their assigns approved
order OF the Court In epact 10 tho paNment OF
receivers indebtedness or prior lien claims with
copy OF such order upon such purchaser or pur-
chascrs. his or their assigns.
For further particulars. and Tor a more Spe-
ciie description OF the property 20 be sold refer-
cnce H. hereby made TO the said DEGREES on ME
with the clerks Of the courts above mentioned
WILLIAM 4. VAN BUREN,.
S-e"iai Master.
TURNER. MCII-RF 4 nor .STON.
Solicitors ro.-fsf uants f-~ r'~rr~er~' Loan
and Trust co'pany ssd Johr u BsTssr
and FLOYD a. WOODS.
Solicitors for Compiainants Central Trust COM
pany OF New York. John IL. StotsenbuT
and James Murdoch.
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