The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1910-05-24

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 right to operate its
trains over the railroad owned by said
Hammond Belt Railway Company.
said railroad being about SIS miles in
length.
/ (e) 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 q
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
cinnati 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:
(ab 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 equipmen,
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 1. 1909.
, (b) The Car Trust Agreement
, made by The Chicago. Cincinnati
, Louisville Railroad Company to the
American Loan & Trust Company. al
Trustee, covering the rolling stocI
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 $150,O00.00 with interest a
the rate of five per cent. from De
! cember l. 1908
(c) Two agreements between sale
Receiver and Burnham- Williams
/ Company for the purchase of equip
: ment covering the rolling stock ant
: equipment described in said Schedul,
r A annexed to the said report of tn,
D Special Master under the headin,
= OF "Burnham-W Williams Equipment.
/ There remains unpaid on one of salt
e agreements on account of the pur
r chase price of the rolling stock an,
3 equipment covered thereby the sum o
!, $40,537.S9, and on the other the sun
s of $5O,656.25, with interest on the
latter sum at the rate of five per cent
!, from March 2, 1908.
}, Cd A certain agreement between
}, said Receiver and The Haskell
!, Barker Car Company covering the roll
t ing stock and equipment described il
!. said Schedule A annexed to sal,
!, Special Masters report under tn
}, heading of Haskell & Barker Car Co
e Equipment" There remains unpai,
: on account of the purchase price O
d the rolling stock and equipment cover
ed by this agreement the sum of SIT
d 744.00, with interest thereon at TIL
t rate of four per cent. from May II
+ 1909.
s 5. The Special Master will receiv,
J. no bid from any one offering to bid a
!, said sale unless such person SO offer
}, ing to bid shall have first deposite'
: with the Special Master as a pledg
h that he will make good his bid in cas-
e of its acceptance, the sum of $3.50
i 10000 in cash. or in a certified checl
upoi duS Hdlloudl Dduh VI lIuSL COu
n pany. of either the City of New York
e Boston, Massachusetts,, Indianapolis
}, or Richmond, Indiana. or $3.50. 5000
l. in amount of bonds secured either b.
d the mortgage of the Cincinnati, Rich
mond & Muncie Railroad, dated Octc
Il Der LIST. 1900. of the Chicago & Cir
d cinnati Railroad. dated February End
g 1909, or of The Cincinnati & Indian
j. Western Railroad Company, date
r June End. 1902. or a certificate of dc
o post. satisfactory to the Special Mas
l. ter, of any trust company for sue
d bonds. or $3.50. 100000 principal amour
e Of Receivers Certificates heretofor
r issued in said causes and referred +
g in said DEGREES.
,, The Special Master will accept n
S bid for the property directed to b
{: sold by said DEGREES for less than tn
I. sum of $5.200.OO0.0O. and unless sue
|, sum or more shall be bio the Specia
l, Master will adjourn the sale and appl
;. to the Court for further instruction.