New-York tribune., 1898-01-28
FORECLOSURE SALES.

FORECTOSTRE SALE ,ryrre & Wiikin.
Auctioneers ~ THE CIRCUIT COT Rr
OF THE UNITED STATES FOR TbE
WESTERN DISTRICT OF virginia In
Brooklyn. plaintiff. VI. The Lynchhuts
Electric Company. defendant.
In pursuance ~ A decree for foreclosure
md sale. dated December II. 1897. and en-
once Of the Clerk ~ tho United states
Circuit Court al Lynchturg. virginia, on
the ll'h day Of December. 1891. we. Kan
dolph Harrison and w. u. coleman. me
Undersigned. Commi misgioners in said de-
cree named. will sell At pubic auction on
the premises. IN the city OF Lynchourg,
Virginia. 10 wit. at the power house OF
said defendant Company on Jefferson street
IN said city. on Monday. February -stn, @
1898. at IL o'clock m. ~ that day. the
property. rights and franchise mentioned
In said decree and In the bill Il complaint
and In the deed u trust ~ the first day
Of December. 1892. from the defendant TO
the plaintiff. and described "a follows IN
the decree aforesaid:
"N) All the lands and tenements Of the
raid party ~ the nrst part wheresoeNer
located including a. its real estate in the
cald city of Lynchburg. bounded by Park
Avenue Taylor and 7th Streets. with III,
stable. shops. plant and workshops there
on. IL being the same property conveyed 20
Il by the bynchhurg Street Railway com
pany hy deed Of the 18th Of November.
iS99. and % it's dhe grantor'sl interest.
whatever II may be. In that certain lot
or parcel Of land In the city u bynchburg
and bounded as follows: Beginning At the
intersection OF Jefferson ana 10th Streets.
thence with Jefferson Street toward 9th
Street 81 feet. thence al right angles
towards Lynch Street and parallel 10 lOth
Street 1872 feet. thence at right angles and
paraliel with Jefferson Street - feet 20
10th Street and with the latter 1872 feet TO
the beginning II being a part Of Lot No.
487 In the plan Of the city ~ Bynchbury
upon which It's power house Is situated.
and the same lot conveyed 10 the grantor
by the Piedmont Electric Illuminating
Company hy deed Of the 2sth day II No
vember. lN92.
20 Its line % street railway located
over. In ana along. the streets Of the CITY
OF I.ynchburc IN West I.ynchhurg and the
County of Campbell. all lis sidlngs. tracks
and connections. lts privileges leases case
ments. rights. immunitiss and contracts.
all It's equipments. engines. boilers. dy-
namos car horses. mules. wagons. stable.
harness. tools. implements. machinery.
plant. electric appliances, lamps. poles.
wires. It's contract of franchis" 10 light
the city = I.ynchhure, or to furnish lights
to the Inhabitants thereof. and al iis prop
erty. tangible and intangible, whether In
possession or 10 come into Possession. ac-
quifed or to be- acquired. all its revenues
and resources of all sorts. present ana
future. the object being that future a'-
uuisitlon ~ whatever kind shall immc-
dlately come under This deed ~ trust as
,nectualiN ~ N the same were now held
and specified by name.
The franchise which tho defendant com
pany holds ffom the city ~ Lynchburg
for the operation of its street railway AS
sforenald continues In force for thirty
years from January |. ISL. ana the length
Of IT, railway ~ operation Ia between i've
and six miles Said sale Is subject 70
ratification hV the court, ana VIII be made
10 the highest and best bidder. who VIII
he required hy the undersigned commits
sionefs. before making any ADJUDICATION
g. him. TO pay I'm cash the sum ~ sb.Op".oO
On the day ~ sale and n the sale ID con
nrmeA rs ,he Court. the balance of the
purchase money must be paid within
twenty days from that day. but the pur~
chaser shall have tho right to anticipate
the day ~ payment. II the holder. or
holders. OF any bonds ~ the said defe'sl-
ant company, secured under the said deco
N trust of December l. l>De. shall become
the purchaser OF said property the said
bonds and unpaid coupons thereon Will be
received In payment u the purchase money
10 an extent equivalent 10 30 much 0! the
purchase money as would be eventually
payable a. dividends in this cause upon