The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-07-08
Macarthur Z SONS CO.
LEGAL SALES.

GEORGIA, SCREVEN COUNTY
Under and by virtue of an order and
decree in the Superior Court Of Screw
en- county Ga, in the case of J. F.
Hanson, ct al, against the Sylvania
Railroad Company, the undersigned,
duly appointed master commissioner
by said order and decree. will sell, at
public auction to the highest and best
bidder therefor, before 7the court
house door in the town of Sylvania,
in said county of Screven and state
of Georgia, on the first Tuesday. be-
ing the fifth day. in August, 1902, be-
tween the legal hours of sale, all the
railroad of the Sylvania Railroad Com
pany situate, lying and being in the
county of Screven in said state, rum
ming from Sylvania to Rocky Ford,
being fifteen miles, more or less, in
length; and all it's franchises, right
of way, lands, road-bed, cuts, fills,
tracks, rails, spikes, frogs, switches,
turnouts, turntables, ties, bridges,
trestles, depots, station ouses, engine
houses. car houses, shops, office build
ings, machinery, tools, implements,
water tanks. rolling stock, and all and
singular the property real and per-
sonal, of the said Sylvania Railroad
Company: Together with all and
ieges, immunities, buildings, i'm
provements, rights, members, heredita-
ments and appurtenances to the same
belonging, or in any wise appertain-
ing; and the reVersion and reyersions,
remainder and remainders, rents, is
sues and profits thereof; and all the
estate, right, title, interest, property,
possession, claim or demand of, III or
to the same. or any part thereof; said
property now being in my hands as
receiver duly appointed by said court
in said cause.
Notice is hereby given that said de-.
cree provides that each bidder on
said premises, property and fran
chises shall. before the acceptance of
any bid by said master commissioner,
deposit with him a certified check on
some solvent bank in the state of
Georgia for a sum not less than 49,
O00 and at the conclusion of said sale
the checks which may have been de-
posted with said commissioner other
than that of the successful bidder for
the said premises, property and franz
chises SO exposed to sale, shall be re-
turned to the respective depositors
thereof. The one deposited by the
successful bidder at said sale shall
be held and credited upon the amount
of the bid of said successful pur-
chaser.
Notice is further given that said de-
cree provides that as soon as said
sale shall be made the same shall be
reported to the judge of said court
in chambers for confirmation, and if
said sale be confirmed by the judge
of the said court, there shall become
due forthwith from the said purchaser
the balance of the said purchase price
due on account of said purchase, and
such further portion of the purchase
price shall be paid in cash as the court
may from time to time direct; the
court reserving the right to resell
the premises and property directed to
be sold, upon the failure of the pur-
chaser or purchasers, his, it's or their
successors or assigns to comply with
in twenty days with any order of the
court in that regard. The balance Of
the purchase price may be paid either
in money or in bonds or overdue
coupons secured by the mortgage
foreclosed in said case, each of said
bonds or coupons being received for
such sum as the holder thereof would
be entitled to receive under the dis
tribution of the proceeds arising from
said sale, according to the priority
adjudged in said cause.
Notice is further given that the said
decree provides tnat WITHIN thirty
days from the confirmation of said
sale, and such additional time as the
court may hereafter grant, the pur-
chaser or purchasers of said property
shall complete the payment of the en-
tire amount bid to the said master
commissioner; that on such payment.
the said sale having been confirmed
by the judge of said court in term
time or in vacation, the said purchaser
or purchasers shall be entitled to re-
ceive a deed of conveyance thereof
from the said master commissioners,
and to receive possession of the prop
erty so purchased.
Notice is further given that said
decree provides that all the railroad.
property and franchises of said Syl-
vania Railroad Company described in
and covered by the mortgage men
toned in said cause shall be offered
for sale as a single parcel.
An inventory of the property to be
sold may be seen on application to
the commissioner.
w. NJ. Hobby,
Master Commissioner