Evening star., 1898-11-09
pUNcANsoN BROS. AucrIoNFrrs.


JUDICIAL. SALE OF ALL AND SINGULAR. THE
FRANCHISES RIGHis OF NAY All Il PROF,
Et;F EkFf n, Real rERS3>Ai ANp Ml->llp. OF
trading as NJ Ament
Complainant. In Equity No. 1881.
The Belt Railway Com
Defendants.
titled cause by the Supreme Court Of the District
the twenty fourth day Of December. ISs7. and he
eeCree entered ii the Court Of Appeals of the bis
August 1sss, and to the decree entered thrrin IN
the supreme Court Of the District 81 Columbia,
first day of September, 1895. the undersigned the
American Security and Trust Company Il Wash
satd VIII lion on the Efi FFTEENTn NTH na pAr OF %oTM
BER. 1895 AT TWO t2D O'CLOCK PM. at tho
stIeet and Fllrida avenue In the Cly II Wash.
iLgton, District Of Columbia, ofer for sale. =
privileges and franchises, rights Of way and prop
eTty. real personal and mixed Of the Brii l;afl-
The lines Of said Belt Railway Company. con-
sisting OF about fifteen miles of single track.
one hunGrcdths miles of double track. and and
twenty six one-hundredths miles of single track is
fully described In the said decree "f December
Begirnins for the same on First street west at
the point OF it's Intersection with Maryland Avenue
in front OF the Capitol, in Washington city, Dis
tTict Of Columbia, and running thence nutfd alunG
said First street and New Jersey TO q
street Ierth: thence west along said g street 10
street sEd New Jersey avenue 10 stree h"rth:
thence west along sail street to Eleventh street
u street morrill, thence west along said street 90
Fourteenth street wet, theuce south at ns said
Fourteenth street to street south; thence east
waTdly along said street south 10 Virginia ave
nut southwest; thence eastwardly along -nid klr-
avenue. and thence eastwardy along aid May
land averue TO First street west. the place ef
Fourth and Eleventh streets wcst; also be-
ginning at the intersection OF Eleventh and B"un-
along said Eleventh street to It's uterseaI with
the man line at street north; ais hee'inlns at
west and running thence east along said .: street
10 Ninth street west: thence south along said
the tracks Of the Met-opolitan Hallway {. I'M any
to Louisiana avenue and theme by said Belt
Louisiana avenue to its intersection with he main
line at Twclfih street west: III snce south On
sects the main line at Twelfth street; sIso ccnl-
nencing at the inters otion Of Virginia nre and
Eleventh street southwest and running tt'n nee
south along said Eleventh street 10 Water street,
and thfncs sogtheast%ardly along satd Ma,sF ,i,
along said Seventh street 10 street south; also
commencing AT the intersection Of Ohio avglra aud
Fourteenth street northwest and running thence
south With turnouts nrd switches tog ther with
all other extensions made or rights Of cxtensian
granted prior TO the aforesaid decree Of December
Also the following described pieces and parcels
Of ground and premises, situated in thu city Of
Washington. District Of Columbia:
Original lots numbered -four "a and five CO. m
square numbered three hundred and four l3nif;
lot nun bered five 81. in squire numbered i've
hundred ard seventy-seven t5T7t. containing blut
three hundred and thirty C38ol, containing about
s9.S59 square feet, together with the improve
merits thereon. consisting Of car barns. stables
and other street railway structures ana all ways.
easements, rights, privileges and nprutienanecs
Also all the horses harness cars, grain. tools;
implements and personal property IF whatever kind
owned by said Belt Railway Company and now IN
the possession of the receiver thereof.
Also the c0rporate rights. privileges and fran
chises possessed by the said Belt Railway Com-
pany.
going, property 'eference is hereby made to the
CONDITIONS AND TERMS OF SALE:
These are pr scribed IN the said decree Of De-
cemher cath. 1897, as follows:
The said sale shall he conducted as follows
that is to say. "a offering and selling the property
and franchises oyered ny and embraced IN SAG
trustee Ghall se the entirety without
valuation appraisemPnt. extension redemption
who shall not first place in It's hands or deposit
with it at the ;.me 8 making the bid. as a pL,dge
cepted by the trustee and ratihed by the court the
sum OF dyf tAousand dollars cash or 10y certified
cash At the time IF the sale the cash deposit
hereiabefo-e required. which shall be received as
part OF the purchase price and also within five
days thereafter such further portion Of such pur-
chase price shall be paid in cash ten days prior
to the date OF ale the court may direct, IN
order to the expenses Of this suit, and TO nay
such amounts the court may adjudge to he due
and pricr in equity TO the said deeds Of trust The
court the right to st aside any sale made
by the trustee and resell sad premises, property
and franchises upon failure OF any purchaser for
requiring payment The balance OF the purchase
price not required be paid in cash may either be
good such balance OK his bid. in whole or in part by
paying and surrendering the outstanding bonds
and overdue coupons secured by the deeds OF trust
hereinbefore referred to- such bonds and coupons be-
ing received at such price or 'aius ] as s si 3D., Se
holders thereof would be entitled to thereon in case
Soss 56s sn5Tf nd a g may be used to make such
ayment shall be surrendered 10 the trustt" ana DC
upon the pu price, but If less than the whole
amount Is applied. then the amount so applied shall
coupons which shall then be returned TO th" holder
The said balance Of the purchase price; whether
payable in money bonds, shall be paid IN equal
installments OF twenty-five per cent thereof In tr-
ty, sixty ninety and one hundred ana twenLy s'ys,
"As soon as the sale is made. as herein pro-
yded for in pursuance OF this decree, the trustee
shall report the same TO this court f"F eoHh'ha-
by the purchaser or purchasers. with the condi-
tions of sale hereinbefore described; II any
SON or persons making the same shall fa TO
comply with all the conditions OF sale and all
orders of the court With respect thereto. the sum
shall be applied the court may DIRECT -,
70 ne ner in cash Within i've Jays from the ay of
sale is not less than $62 900, and Will not exceed
S7b 600 which includes the amount found due and
payable BY the DEGREES above named, uud the
amounts of the claims for wages, supplies. etc,
reds1j-ed TO be paid by the act Uf 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 20 the aforesaid
act OF Congress approved Juue "a, lS.is whereby
the purchaser at the sale under said decree shall
possess and enjoy all the corporate rights. privi-
ieges ard franchises heretofore conferred upon the
said Belt Railway Company, and whereby obliga-
tions are imposed upon The purchaser with ref
erence the underground electric re-equipment OF
said road
All conveyances. including revenue tax. at the
purchasers
AMERICAN SECURITY AND TRUST CO.
Trustee.