Evening star., 1898-10-24
DUNCANsoN BROS, AUCTIoNEERs.

I.
| RICHARD c THOMPSON,
oc2l -d&dbs Trustees.
| DUNCANSON BROS, AUCTIoNEERS.
JUDICIAL SALE OF ALL AND SINGULAR, THE
FI,RBAA;NcH1sEs. I,B AZ Rights OF WAY AND PROP
TEHHEEI EHE REf REAL RERs3NAL ASP MED. OF
trading as NJ Ament
Complainant In Equity No. 1881.
The Belt Railway Com
Defendants.
Pursuant to the decree entered in the above en-.
titled cause by the Supreme Court of the District
Of Columbia holding SPECIAL term in Equity on
decree entered IL the Court of Appeals of the Dis
trict of Columbia on the twenty seventh day OF
august 1888, and to the decree entered therein in
the Supreme Court of the District of Columbia
aoltins special term in Equity on the twenty.
American Security and Trust Company Of Wash
ng5or m Pc as as gHasF the DEGREES @
BER, 1898. AT TWO (2D O'CLOCK PM, at the
| office of the Belt Railway Company. at Eleventh
iEgton, District of Columbia, offer for sale.
entirety, all and singular, the corporate rights,
privileges and franchises, rights of way and prop
erty, real, personal and mixed, of the Belt Rail
vi The S lines Of said Belt Railway Company, con-
sisting OF about fifteen uiles of single track,
which is composed of about seven and seventeen
one hunGredthS miles OF double track, and one and
twenty six one hundredths miles of single track
fully described in the said decree of December
"a 1897, as follows.
'Begirnng for the First street west at
the point OF ITS Intersection with Maryland avenue
trict of Columbia, and running thence north along
| said First street and New Jersey avenue 10 g
street rorth; thence west along said e street TO
Fourth street west thence north along said Fourth
street and New Jersey avenue to Z street north:
thence west along sal street 70 Eleventh street
west; thence south along said Eleventh street to
street north; thence west along said E street to
Fourteenth street west; thence south along said
Fourteenth street to street south; thence east
Wardy along said B street south to Virginia aye aye
glria avenue to its intersection with Maryland
avenue. and thence eastwardly along said Mary.
land aveEue to First street west, the place Of
beginning; also along o street north between
ginning at the intersection of Eleventh and Boun-
dairy streets northwest, and running thence south
along said Eleventh street to its Intersection with
the intersection Of Eleventh and streets north
west and running thence east along said + street
Ninth street right of way and the Of
the tracks Of the Met1opolitsn Hallway Company ;
GomnaEys own tracks westwardly along said
line line at Twelfth street west: thence south on
Twelfth street to street south. where it inter
nencng at the interse ttion Of virginia avenue and
Eleventh street southwest and running thence
and thence southeastw ardIy along said Water
street to Seventh street west. aud thence south
commencing at the intersection of Ohio avenue and
Fourteenth street northwest and running thence
south. with turnouts aid switches together with
all other extensions made rights of extension
e. sS 1887 prior 10 the aforesaid decree OF december
Also the following described pieces and parcels
of ground and premises. situated in the city of
Washington, District of Columbia:
Original lots numbered four ~ and five 90. In
continuing about 6Oo5 square feet; also original
lot nun bered five t5'. in square numbered hve
36. $50 square feet and all of square numbered
three hundred and thirty (33o. containing about
merits thereon, consisting of barns, stables
and other street railway structures, and all ways
thereunto belonging or in anyvise appertainng.
Also all the horses harness cars. grain tools
oWned by sad Be RaHay Company and now in
the possession of the receiver thereof.
ehises possessed by the said Belt Railway Com
For more particular description of all the fore
going property, 'cference is hereby made to the
said dsS5ss # S 18th 1897 Or SALE
These are pr scrihed In the said decree OF De-
cemher ,1 24th 1897 ss as follows lie a,,, &c
that is to say "a Offering and selling the property
and franchises overed by and embraced @ @ In sal said
trustee shall se, the same as an entirety without
sS sg From or s6T dIer
who shall not first place in its hands or deposit
that that said bidder will make good his bid if ac-
cepted by the trustee and ratified by the court the
check o. he price for which said property and
franchises shall be sold there shall he paid in
hereinbefore re"uired. Which shall be received as
part Of the purchase price, aud also within i've
chase price shall be paid in cash ten days prior
to the date of ale the court may direct, In
such amounts as the court may adjudge to be due
and prior In equity to the said deeds OF trust Ihe
court reserves right Set aside any sale made
10y the trustee and resell said premises, property
and franchises upon failure of any purchaser for
recurring payment. The balance of the purchase
price not required to be paid in cash may either be
paid in cash the purchaser may satisfy and make
good such balance Of his bid. in whole in part by
paying and surrendering the outstanding bonds
and overdue coupons secured by the deeds OF trust
herenbefore referred to- such bonds and coupons be-
ing received at such price or value as shall be
equivalent propori ionai to the amount that the
holders thereof would he entitled to thereon in case
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 pu chase price but if less than the whole
amount is applied, then the amount so applied shall
be described or written upon the said bonds and and
coupons which shall then be returned to the holder.
The said balance Of the purchase price; whether
payable in money or bonds, shall be paid in equal
nstallments OF twenty ty-i'e per cent hereoI IN thr
ty sixty ninety and one hundred and twenty days,
respectively from the date OF the ratification OF the
sale: .,o .o,o ;s m,5e ss bera,n nro
yded for IN & o i this court for eonrma
tion, further certifying to the court compliance
lions S Of sale as hereinbefore described, If any
bids shall be accepted by the court and and, the per
son or persons making me same snaai @ t lal 40 10
orders of the court with respect thereto, the sum
deposited by. the bidder shall be be, forfeited and
The amount that the purchaser will be required
to pay in cash within fse days from the day of
sale is not less than $62 600 and will not exceed
SI5 600 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 ap-
proved June "a, 1898, entitled An act to define
the rights Of purchasers of the Belt Railway
Company and for other purposes
Attention Of bidders is called to the aforesaid
act Of Congress approved June "A. 1Sgs. whereby
the purchaser at the sale under said decree shall
possess and enjoy all the corporate rights, privf
leges and franchises heretofore conferred upon the
said Belt Railway Company, and whereby obliga-
tions are imposed upon the purchaser with ref
to the underground electric re-equipment of
said road.
All conyeyauces, including revenue tax, at the
purchasers cost.
AMERICAN SECURITY AND TRUST CO.,
Trustee.
oc12dts c. ]. BELL, President.