Evening star., 1898-10-14
AUCTION SALES.
FUTURE DAYS.
DUNCANsoN BROS. AUcTIoyEERs.

| DUNCANsoN BROS. AUCTIoyEERs.
Juplc1Ar SALE OF ALL AND SINGULAR. THE
EEAScHisEs. RiGH1s OF WAY l5' AND pRor,
THE BELT EAILWAY COMPANY.
Matthias Ameat.
Complainant, In Equity No. l7.esl.
The Belt Railway Com
p4ay, ct AL
| Pursuant to the decree entered in the above
'y sdns ths term OF h the sa9 3
| the twenty fourth day Of December, 1897, snd the
trict OF Columbia on the twenty seventh day ct
August, 1898, and TO the decree entered therein in
first day Of September. 1885 the undersigned, the
american Security and Trust Company Of Wash
said; VII, On the EIE'rEIiNTH DAY or NovEM-
| office of the Belt Railway Company, at Blevsnth
street and nd, Fords e svenus in the the CITY q Wash
entirety, all and singular, the corporate rights,
privileges and franchises, rights Of way and prop
efty, real. personal and mixed, of the Belt Rail-
way Company. to wit:
| which is composed OF about seven ana seventeen
twenty six one hundredths miles OF single track
| fully described in the said decree Of December
Beginning for the First street west at
the point Of its Intersection Eith MARYLAND svenne
| III front OF INC Shpltol IN Nashlngipn CITY, bls
trict of Columbia and running thence north along
ssid First street and New. Jersey avenue 10 q
Fourth street west; thence north along said Fourth
| street snd New Jersey aVenue TO p street rcrth:
| west. thence south along said Eleventh street to
q street north; thence west along said street 70
| Fourteenth street to street south; theace east
tons thence es.wsy ans ssd V
siria avenue to its Intersection with Maryland
avenue, and thence esstwardly aiens said Mary
|
beginning; also along street north between
ginning at ' III. nefsectisn Of Eleventh and Bour
| dairy streets northwest and running thence south
along said Eleventh street its intersection with
the main line at p north: aisp beginning at
the intersection Of Eleventh and streets north
west and running thence east along said f street
to Ninth street west; thence south along said
Ninth street a right of way over and the use Of
to louisiana avenue. and thence by said Belt
CompaEys own tracks westwsriiy along said
Louisiana avenue to its intersection with the main
line Twelfth street west; thence south on
Twelfth street to street south, where it inter
nencing vt the intersection Of Virginia avenue and
south along ssd Eeventh street a 10 wat street
| and thence enthusiastically along said Water
slong said seventh street TO street south; also
! commencing at the intersection Of Ohio avenue and
south slong said said Fourtsenth str Street to street
south. with tuIEouts ard switches Tcgethcr With
| all other extensions made or rights OF extension
granted prior to the aforesaid decree of December
Of ground and premises. situated in the city Of
Washirston. District of Columbia
square numbered three hundred and four (so4I.
ceniairing about 1s,oo5 square feet; aso original
snd @
$1,000 square feet, and all Of square numbered s
$3.50 square feet. together with the improve
street Sf s.s snG all ~a
easements, rights. privileges and appurtenances
he horses harness
mplemsns and personal property Of whatertr 1 kind ID
the possession of the receiver thereof.
Also the corporate rights privileges and iran
chises possessed by the said Belt Railway Com
For a particular description of all the fore.
coNDlT1oNs AND TERMS OF SALE.
cenies sst 24th, All iss7 p.s as Follows e A'D D'
The said sale shall be conducted as follows
that is to say, IA offering and selling the property
| and franchises overed by and embraced in said
81 shall s ana the same as an an entirety WhoT
| valuation. appraisement. extension or redemption
who shall not first place in its hands or deposit
with it at the ,,me Gf making the od. as pledge
copied by the trustee and ratified by court the
sum of five thousand dollars cash or by certified
franchises shah be sold there shall be paid in
cash. at the time of the sale the cash deposit
| part of the purchase price, and also within five
days thereafter snch further portion OF such rar-
| to the date Of ale the court may direct, in
crdar to meat the eInepsrs of tbis njt and TO nav
| such the may adjudge to be due
and prior In equity to the said deeds Of trust. The
by the trustee and TO resell said premises property
and franchises upon failure OF any purchaser for
recurring payment. The balance Of the purchas,
price not required to be paid in cash may either be
paid in cash or the purchaser may satisfy make
COED such balance OF his bid. in whole in part by
! paying and surrendering the outstanding honls
and overdue coupons secured by the deeds of trust
herenbefore referred to- such bonds and coupons be
ing received at such price value as shall be
holders thereof would he entitled to thereon in
the entire purchase price were paid in cash All
payment shall be surrendered to the trustee and be
cancelled If the whole amount due thereon is applied
upon the purchase price but If less than the whole
amount is applied, then the amount 80 applied shall
coupons which shall then be returned the holder
| The said balance OF the purchase price, whether
nstaments Of twenty five per cent thereof in thir-
ty sixty. ninety and one hundred and twenty days,
respectively from the date of the ratification of the
..As soon the sale is made. as herein pro
vided in pursuance Of this decree, the trustee
| shall report the this court for confrma-
| ton, further certifying to the court compliance
| by the purchaser purchasers, with the condi-
| tions of sale as hereinbefore described. If any
| bids shall be accepted by the court and the per
| Son persons making the same shall fail to
comply with all the conditions OF sale and all
orders of the court with respect thereto, the sum
| shall be applied as the may direct"
The amount that the purchaser will he required
to pay in cash within hve days from the day of
| sale is not less than S62 900. and will exceed
$I5.o00. which includes the amount found due and
| payable by the DEGREES above named, and the
! amounts of the claims for wages, supplies, etc.
| required to be paid by the act of Congress APP
proved June "a, 1898. entitled An act to define
the rights of purchasers of the Belt Railway
Company aud for other purposes
| Attention OF bidders is called to the aforesaid
act of Congress approved June "a, 1898 whereby
the purchaser at the sale under said decree shall
possess and enjoy all the corporate rights prvi-
leGes and franchises heretofore upon the
| said Belt Railway Company, and whereby oblfga-
| tions are imposed upon the purchaser with ref
erence to the underground electric re-equipment of
| said road.
| All conveyances, including tax at the
| purchasers cost.
AMERICAN SECURITY AND TRUST CO.,
| Trustee
| oc12-dts G. ]. BELL, President.