Evening star., 1898-10-15

JUDICIAL: SALE OF ALL AND SINGULAR THE
nkff REA Of Sb WAy Ms Af PR9a Of
! THE BELT RAILWAY COMPANY.
-N1a'if trading ' IS II Ament
Complainant, In Equity No l7.ssi.
The Belt Railway Com
pany. n; ct al;
titled cause by the Supreme Court of the District
the twenty fourth day Of December. 1897. and he
decree entered II the Court of Appeals Of the Dis.
August. 1885, and to the decree entered therein in
the Supreme Court of the District of Columbia,
| first day of September, 1898 the undersigned the
American Security and Trust Company of Wash
said viii on @ the afSff NTH nAy OF SoVM
| BER. 1888. AT TWO t2) O'CLOCK PM; at the
street and Florida avenue in the City Of Wash
irgton District of Columbia offer for sale. as
privileges and franchises, rights of way and prop
erty, real, personal and mixed Of the Belt Rail-
The lines of said Belt Railway Company, con-
sisting of about fifteen miles of single track,
| which is composed of about and seventeen
one hundredths miles of double track, and one and
twenty six one hundredths miles of single track IS
fully described in the said decree OF December
beginning for the same on First street west at
the point OF its intersection with Maryland avenue
| in front of the Capitol, in Washington city, Dis
First anna anna W ssy o
street rerth; thence west Gleng said G street to
street snd New Jersey avenue to street north:
thence west along sal street to Eleventh street
west thence south along said Eleventh street to
| street north; thence west along said f street to
| Fourteenth street west; thence south along said
wardly alons said b street south to Virginia aye
nue. southwest; thence eastwardly along said Vir-
avenue @ d and thence be- eastwardiy along said May.
land avenue to First street west, the place Of
beginning; also along street north between
Fourth and Eleventh streets west: also be-
ginning at the intersection OF Eleventh and Boun-
Diary streets northwest, and running thence south
along said Eleventh street TO its Intersection with
the the nf at Of eesn ana "s
west and running thence east along said street
street s es t. south d aUng bs 5ss sa9 f
| the tracks of the Metvopolitsn Railway Company
own tracks along @
Louisiana avenue to its intersection with the main
TWefih street to Street South. where it inter
sects the main line at Twelfth street: clso com,
Eleventh street southwest and running thence
south along said Eleventh street 10 Water street.
Street to Seventh street west. and thence south
along said Seventh street to street south; also
south along said Fourteenth street to b street
| all other extensions made rights of extension
granted prior to the aforesaid decree Of December
Also the following described pieces and parcels
Of ground and premises situated in the city of
| Original lots numbered four a. and five 3l, in
m es eet and ssS
lot nun bered FIVE o. in square numbered h iye
three hundred and thirty $500. containing about
merits thereon consisting of car barns. stables
and other street railway structures, and all ways,
thereunto belonging or in anywise appertaning.
Also all the horses. harness, cars, grain, tools;
owned by said Belt Railway yp Company and now in
! the possession of the receiver thereof s,
chises possessed by the said Belt Railway Com
| pany
For particular description of all the fore
going property, reference is hereby made to the
said dsee f sseRs15 AS6 3th EkMs 1879 Of SALE
These are pr scrihed In the said decree of De-
that is TO say ~ offering and selling the property
| and franchises oyered by and embraced in said
trustee shall Sc. the same as an entirety without
sba e sd from on snF r
| who shall not first place in its hands or deposit
that said bidder Will make good his bid if ac-
cepted by the trustee and ratified by the court the
check. OF he price for which said property and
franchises shall be sold there shall he paid in
herefnhefore re"uired which shall be received as
! part Of the purchase price, and also within five
chase price shall be paid in cash ten days prior
to the date Of Of ale the &c cont , @ may dir direct In
| such amounts the court may adjudge to be due
and prior il equity to the said deeds of trust The
courf reserves the right aside any sale made
by the trustee and to resell said premises property
and franchises upon ianTe % OF any pafchser m @ & lof
| requiring payment. The balance Of the purchase
paid in cash or the purchaser may satisfy and make
coed such balance of his bid in whole in part by
paying and surrendering the outstanding bonds
and overdue coupons secured by the deeds of trust
herenbefore referred to- such bonds and coupons be
| ing received at such price or value as shall be
| euuyalp1t propDrtional to the amount that the
holders thereof would be entitled TO thereon in
the entire purchase price paid in cash. All
bonds and coupons that may be used to make such
payment shall be surrendered TO the trustee and be
Cancelled the whole amount due thereon is applied
amount is applied then the amount applied shall
be described written upon the said bonds and
coupons which shall then be returned to the holder.
The said balance of the purchase price; whether
nstalments of twenty-five per cent thereof in thr-
ty sixty, ninety and one hundred and twenty days,
respectively from the date OF the ratncation OF the
LAS soon as the sale is made. as herein pro
shall report the same to this court for conhrma-
ton, further certifying to the court compliance
by the purchaser or purchasers; with the condi-
tions of sale herenbefore described. If any
bids shall be accepted by the court and the per
| son persons making the same shall fail to
comply with all the conditions of sale and all
orders of the court with respect thereto, tho sum
shall be applied the court may direct
The amount that the purchaser viii be required
sale is not less than $62. 900, and will exceed
$15, 900, which includes the amount found due and
payable by the decrees above named, and the
amounts of the claims for wages, supplies, etc,
required to be paid by the act of Congress ap-
proved June "a, 1898, entitled An act to define
the rights OF purchasers of the Belt Railway
Company and for other purposes.
Attention of bidders is called to the aforesaid
act Of Congress approved June "a, 1895. whereby
the purchaser at the sale under said decree shall
possess aud enjoy all the corporate rights, pr.vi
eees and franchises heretofore conferred upon the
said Belt Railway Company, and whereby oblga-
| tions imposed upon the purchaser with ref
erence to the underground electric reeQuipment Of
said road.
All conveyances, including revenue tax. at the
purchasers cost.
AMERICAN SECURITY AND TRUST CO..
Trustee.
oc12-dts C. J. BELL, President.