The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-10-08
NOTICE OF MASTERS SALE OF THE
INDIANA 81 LAKE MICHIGAN
RAILWAY.

BY virtue of certified copies of the DEGREES OF
the Circuit Court of the United States for the
District of Indiana and the Circuit Court of the
United States. for the Western District of Mich
said courts. wherein the Central Trust Com
pany Of New York Ia complainant and the Indiana
Terre Haute & Indiana Railroad Company
defendants the undersigned. William p. Fish
back. Giaster in chancery of said court. will on
THURSDAY. THE 10TH DAY OF NOVEMBER
1898, at O'CLOCK p. NJ.
Of said day offer for sale to the highest and best
bidder at public auction at point on the main
Railway near the junction of said tack with the
track Of the Teria Haute & LogarspTt Railroad
in the city OF South Bend, County q. st. Joseph
state Of Indiana. the following railroad property
to-wit:
ana & Lake Michigan Railway Company extend
ing from a junction with the Terre Haute &
city Of South BeSd. in the state Of indiana TO
point in the city of st, Joseph, State of Mich
september 1889, constructed and completed and
as the same was thereafter constructed and COM
pleted. including the rights. powers. franchises
ing and operating said railroad Also all lands,
tenements hereditaments. rights of way.
bankments culverts, ties, rails depots, stations,
tracks, switches viaducts, turnouts. fences,
wharves piers. engine houses turntables, water
tanks machine shops and easements held On
Sept. 2, 1882 or thereafter acquired by the
said Indiana & Lake Michigan Railway Com
Cines, Tools and fixtures OF every Kind and de-
scription whatsoever upon and appurtenant TO the
under leases and under contracts and agree
ments and all rights of trackage. and terminal
gnits and privileges of transit granted by the
United States Of America. or by the State of In
diana. by the State OF Michigan. or by any
municipal authority. and the reverson. remain
der. rents. and profits of said railway, and
all the estate, title and interests. property claims
and demands whatsoever of the said Indiana q
Lake Michigan Railway Company in law ard
equity in and to the same any part thereof
Wheresoever situated.
Said railroad property as above described will
4
ua ton appraisement redemption
No bid viii be accepted for said railroad prop
prfv as above described for a less than
100000: nor from any bidder who shall not place
IN the hands or the master deposit with him
nj the time OF making the bid as a pledge Of
such bidder that he viii make good his bid II
cepted by the court, the sum OF $4,000 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 10
comply with any order OF the court requiring
navrnent The balance of the purchase price not
required 10 be paid in cash may either be paid in
cash or the purchaser may satisfy and make good
paving over and surrendering outstanding bonds
and overdue coupons appertainng. thereto secured
by the mortgage executed by the said Indiana &
Lake Michigan Railway Company 70 the said
1850 Said bonds and coupons being received at
such price and value shall be equivalent to the
amount that the holders thereof would be entitled
10 receive thereon In case the entire purchase price
the court and the person making the same shall
faii 10 comply with all she conditions or sale and
al orders OF the court In respect thereto. the sum
deposited by the bidder shall be forfeited and
ahall be applied as the court may direct.
WILLIAM +. FlSHBAcK.
Master IL chaneery ~ the United States Cir
cult Court for the District Of Indiana.
Butler. hoffman, Jone, Mvnderse ard A. l..
Mason Solicitors for Complainant