New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-02-18
FORECLOSURE SALE rryr- 8 wilkins

FORECLOSURE SALE cryre q wilkins;
Auctioneers). N THE CIRCUIT COlRT
OF THE UNITED STATES FOR ThF
WESTERN DISTRICT OF VIRGINIA. In
E.ouity The Peoples Trust Company, Il
Tronkivn' plaintiff. Us. The Lynchburg
Electric COMPANY defendant.
In pursuance ~ a decree ,or foreclosure
onI sale dated December II, 1897. ani en-
tered In the shove entitled cause, IN the
ofIice OF the Clerk Of the United states
Circuit Court at Lynchhurg. virginia on
the ifih dav OF December. 1891 we, nan
Solnh Harrison and W d. Coleman. the
undersigned. Commissioners In SAID de-
cree named. Will sell az public auction On
tho premises, n the city OF byhcnDu' :;
said defendant Company on Jefferson street
in said city. on Monday. February 2eth,
iSgS at II O'Clock m OF that day. the
property. rights and franchise mentioned
In aid decree and IN the bill OF complaint
and in the deed Il trust ~ the nrst DAY
Of December. 1892. from the deienaant 10
the plaintiff. and described as follows IN
the decree aforesaid:
said party OF the frs. part wheresoever
located including % it3 real estate IN the
raid city 81 Lynchburg. bounded by PARK
Avenue Taylor and 9TH streets. win the
stable. shops. plant and workshops there
on; IL being the same property conveyed 70
It by the Lynchburg street Railway Com
many bv deed of the 2sth Of November.
is92. and ~ It's dhe grantors) interest,
whatever II may be. In that certain lot
or parcel Of land in the city ~ Lynchburs
and bounded as follows: Beginning NJ the
intersection Of jefferson and lOfh streets,
thence with jefferson street toward 9th
Street - feet, thence at right angles
towards Lynch Street and parallel 70 lOth
Street 1872 feet. thence at right angles ana
parallel with jefferson Street - feet 10
10th Street. and with the latter 1872 feet 10
the beginning 1t being part OF Lot No.
4GT In the plan ~ the city ~ bynchhurg
upon which its power house Is situated.
~ Ia 1of C0nyeNa. the Yrunfor
by the Piedmont Electric Illuminating
Company by deed OF the 18th day OF No
vemher. 1892
20, It's line OK street railway located
| over In and along. the streets - the city
| OF I.ynchburg IN West Lynchhurg and the
1 County OF Campbell. all its s.dings. tracks
and connections its privileges. leases. ease
ments rights immuniues and contracts.
| all rs equipments, engines. boilers, dy-
| ramos. cars. horses mules. wagons stahl-.
harness. tools, implements. machinery.
plant electric appliances, lamps poles.
! wires It's contract or franchise 70 light
the Citv - I.ynchburg. or u furnish lights
! to the Inhabitants thereof. and all Its prop
ertv tangible and intangible. whether in
| possession or TO come into possession. &C
! ouired or 20 be acquired. all It's revenues
! and resources Of all sorts. present and
| future. the object being that future ac-
! qulsitlOn Of whatever kind shall imine-
! diately come under this deed Of trust AZ,
! eTectualy as n the same were now held
and specified 10y name.
| The franchise which the defendant Com
! panv holds from the city OF Lynchburg
! Tor the operation ~ it, street railway as
| aforesaid continues In force for thirty
years from January |. 1851. and IN" length
! OF r- railway IN operation Is between nNo
/ and six miles. Said sale II subject 70
| ratification by the court. and will be- made
70 tho highest and best bidder, VINO VIII
lie required hv the undersigned Commis-
sioners. before making any ADJUDICATION
! TO him TO pay In cash the sum ~ so,W".e
| on the day os sale and n the sale Is con-
| nrmei hy the court. the balance ~ the
I purchase money must De paid wlthin
| twenty days from that day, but the pur-
| chaser shall have the right 10 anticipate
| the day of payment. lf the holder or
| holders ~ any bonds ~ the said defcnd-
! ant company secured under the said deco
| O, trust OF December |. lS12. shall become
/ the purchaser OF said property, the SAID
! bonds and unpaid coupons thereon VIII be
received In payment Of the purchase money
| g. an extent equivalent 10 so inu'h or the
| purchase money as would De eventually
| pavable AS dividends In this cause upon
| such bonds and unpaid coupons upon a
proper distribution and accounting Tor the
| said proceeds u sale. The receivers Ger
| tncates or any ot them. may nc uscu as
cash In the payment ~ any part OF the
purchase money 20 the extent mat Ger
tncates 90 used. and the interest due
| thereon. would be entitled 60 share IN IN.
| dfrtrihution OF the cash 50 required. *.
| cept NJ 20 the 81 10000 required 20 be pah
| on the day OF sale aforesaid. In case OF
| the failure 81 any bidder 70 comply VIII
| the terms OF sale on the day or sale, tht
| undersigned Commissioners VIII reject tns