The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1910-06-07

from the Hammond Belt Railway Com
pany to The Chicago, Cincinnati &
Louisville Railroad Company. running
for the term of twenty years from
date. under which said The Chicago.
Cincinnati and Louisville Railroad
Company has the RICH, to operate its
trains over the railroad owned by said
Hammond Belt Railway Company.
said railroad being about SIS miles in
length.
te) All of the agreements referred
TO in Schedule B annexed to the said
report of the Special Master and to-
which reference is hereby made for a
more particular description.
Also all right. title and interest of
The Chicago. Cincinnati and Louisville
Railroad Company. or the said Receiv-
err. in all but five shares OF the out
standing capital stock of said Ham
mond Belt Railway Company such
stock to be sold, however, subject to
any Indebtedness of The Chicago. Gin
einnati and Louisville Railroad Com
pany for which the same is held as
security.
All other property. rights and fran
chises of The Chicago. Cincinnati and
Louisville Railroad Company, legal or
equitable, and all property the title or
possession of which is held by the
Receiver, whether or not herein speci-
fically described.
The above mentioned property and
premises will be sold in one parcel
and as an entirety. and will be sold
subject to certain mortgages and liens
upon various parts thereof as ascer-
/ tanned and set forth in said DEGREES
| and therein declared and found to be
prior and superior to the lien of the
mortgages foreclosed by said DEGREES,
and which are substantially as fol-
| lows:
| ta) The mortgage of the Hoosier
| Equipment Company to the Boston
Safe Deposit & Trust Company and
| Richard A. Jackson as Trustees, cover
/ ing the rolling stock and equipment
described in said Schedule A annexed
| to said report of the Special Master
under the heading "Hoosier Equip
ment." There remains due on this
mortgage 5000. 100000 as principal with
| interest at the rate of five per cent
from January /. 1909.
| (b) The Car Trust Agreement
made by The Chicago, Cincinnati &
Louisville Railroad Company to the
American Loan & Trust Company, az
Trustee. covering the rolling stool
and equipment described in Schedule
A annexed to the report of said Specia
Master under the heading Chicago
Cincinnati & Louisville Equipment.
There remains due on the bonds secur
ed by this car trust agreement thu
sum of $15O.OO0.0O with interest a
the rate of five per cent from De
cember 1. 1905
(c) Two agreements between salt
Receiver and Burnham-W Williams
Company for the purchase of equip
ment covering the rolling stock an,
equipment described in said Schedule
:. A annexed to the said report of tn
}, Special Master under the headini
: OF observation-disclosures Equipment.
|. agreements on account OF the pun
chase price of the rolling stock an
!, equipment covered thereby the sum o
$40,537.S9, and on the other the sun
of $50.656.25, with interest on tn,
latter sum at the rate of five per CEN
from March 2, 1908.
. I'D A certain agreement betwee
ly-11
, Barker Car Company covering the rol
ing stock and equipment described I
said Schedule A annexed to sal
Special Masters report under tn
+, heading of Haskell & Barker Car Co
; Equipment There remains unpai
on account of the purchase price {
! the rolling stock and equipment cove
! ed by this agreement the sum of $177
l 744.00, with interest thereon at tn
+ rate of four per cent. from May L
I 1909.
3 8. The Special Master will receiv
: no bid from any one offering to bid 9
:, said sale unless such person SO offe
}. , ing to bid shall have first deposite
: with the Special Master as pledg
4 that he will make good his bid In cas-
e Of its acceptance, the sum of $3.50
! 10000 in cash. or in a certified chez
upon any national bank or trust con
b pany of either the City of New Yorl
e Boston, Massachusetts. Indianapoli
}, or Richmond, Indiana. or 1885,. 0O0.l
l. in amount of bonds secured either b
the mortgage Of the Cincinnati. Ricl
mond & Muncie Railroad. dated Oct
i Der 1st, 1900. of the Chicago & Gil
d cinnati Railroad. dated February IN
g 1902. or of The Cincinnati & Indian
i Western Railroad Company, date
r June End, 1902. or a certificate of d
o post. satisfactory to the Special Ma
l. ter. of any trust company for sue
d bonds, or $3.50, 100000 principal amour
e of Receivers Certificates heretofoI
r issued in said causes and referred |
g in said DEGREES.
}. The Special Master will accept 4
s bid for the property directed to
!: sold by said DEGREES for less than Il
/. sum of 5000, 10000. and unless sue
|, sum or more shall be bic the Speci
1. Master will adjourn the sale and app
J, to the Court for further instruction