The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-10-29
LEGAL ADVERTISEMENTS.
~N~>~O~>~~~~%N~N~@N%@~>~
NOTICE OF MASTERS SALE OF THE
INDIANA a. LAKE MICHIGAN
RAILWAY.

BY virtue OF certified copies of the DEGREES of
District of Indiana and the Circuit Court Of the
United States for the Western District of Mich
igan, Southern Division; In suit pending in
pany of New York is complainant and the Indiana
& Lake Michigan. Railway Company and the
defendants. the undersigned. William p. Fish
back, master in chancery of said court. will
THURSDAY, THE 10TH DAY OF NOVEMBER,
1898, at 3 O'CLOCK p. NJ.
of said day offer for sale the highest and best
bidder at public auction at point on the main
RAILWAY near the junction Of said track with the
track OF the Terre Haute Il Logansport Railroad.
State of Indiana, the following railroad property,
to-wit:
ana & Lake Michigan Railway Company extend
ing from a junction with the Terre Haute &
Logansport Railroad at point in or near the
a point in the city of St. Joseph, State of Mich
igan as the said railroad was on the I'd day of
September. 1882 constructed and completed and
the same thereafter constructed and COM
pleted, including the rights, powers, franchises
ing and operating said railroad. Also all lands,
tenements, hereditaments, rights of way, en-
tracks. switches viaducts turnouts, fences.
wharves. piers. engine houses. turntables. water
tanks. machine shops and easements held en-
Sept. .. 1889, thereafter acquired by the
said Indiana Lake Michigan Railway Com
pany. together with all buildings, machinery. err
cines. tools and fixtures of every kind and de-
scription whatsoever upon and appuItenant to the
under leases and under contracts and agree
ments, and all rights OF trackage, and terminal
rights and privileges, franchises and licenses. per-
mits and privileges of transit granted by the
United states Of America, or by the state OF In
diana by the State of Michigan, by any
municipal authority and the reversion remain
der. rents, issues and profits OF said railway and
all the estate. title and interests, property claims
and demands whatsoever of the said Indiana *
Lake Michigan Railway Company in law and
equity in end to the same or any part thereof
wheresoever situated.
Said railroad property above described Will
be sold as unit and I'm one parcel without val
uaton or alIraisement or redemption.
No hid will be accepted for said railroad prop
erty above described for sum esE than
100000; nor frcm any bidder who shall not place
in the hands OF the master or deposit with him
such bidder that he viii make good his bid II ac-
cepted b. The court. the of $40 600 in money
or certified check.
The court reserves the right to reject any bid
and TO resell said premises and property upon
the failure of any purchaser for twenty days TO
comply with any order of the court recurring
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 all his bid in whole in part by
paying over and surrendering outstanding bonds
and overdue coupons appertaining thereto secured
by the mortgage executed by the said Indiana &
Lake Michigan Railway Company 10 the said
Central Trust Company of New York, Sept. .,
1859. Said bonds and coupons being received at
such price and value shall be equivalent the
amount that the holders thereof would be entitled
10 receive thereon in case the entire purchase price
were paid in cash Ii any bid shall be accepted by
the court. and the person making the shall
fail to comply with all the conditions Of sale and
all orders Of the court in respect thereto. the sum
deposited by the bidder shall be forfeited and
shall be applied the court may direct
WILLIAM p. FISHBACK
Master in Chancery in the United States Cir
cult Court for the District of Indiana
Butler. hoffman, Joine, Mvnderse and A. L.
Mason, Solicitors for Complainant.