The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1910-05-31

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.
| 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 .
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:
(a) 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.
mortgage 5000, 100000 as principal with
interest at the rate Of five per cent.
from January 1, 1909.
OBJ The Car Trust Agreement
made by The Chicago. Cincinnati &
Louisville Railroad Company to the
American Loan & Trust Company, as
Trustee. covering the rolling stock
tM A,,0o
A annexed to the report Of said Special
Master under the heading Chicago
Cincinnati & Louisville Equipment
There remains due on the bonds secur
ed by this car trust agreement the
sum of $150,000.O0 with interest at
the rate of five per cent. from De
cember 1. 1908.
(c) Two agreements between said
Receiver and Durham Williams &
Company for the purchase of equip
ment covering the rolling stock and
equipment described in said Schedule
! A annexed to the said report OF the
Especial Master under the heading
of ''Burnham-Williams Equipment
There remains unpaid on one of said
agreements on account of the pur
chase price of the rolling stock and
i equipment covered thereby the sum OF
$4O537.S9, and on the other the sum
of $50,656.25, with interest on the
latter sum at the rate of five per cent
from March 2. 1908.
i (d) A certain agreement between
said Receiver and The Haskell &
Barker Car Company covering the roll
ing stock and equipment, described in
said Schedule A annexed to said
Special Masters report under the
heading of Haskell & Barker Car Co.
} Equipment There remains unpaid
ON account of the purchase price Of
the rolling stock and equipment cover
ed by this agreement the sum of $177.
744.00, with interest thereon at the
rate of four per cent. from May II
1909.
Il 3. The Special Master will receive
no bid from any one offering to bid al
said sale unless such person SO offer
ing to bid shall have first deposited
with the Special Master as a pledge
that he will make good his bid in case
} of it's acceptance. the sum of $3.50:
100000 Ia cash. or in a certified check
upon any national bank or trust com
pany of either the City of New York
} Boston. Massachusetts,, indianapolis
or Richmond, Indiana. or $3.50. .00
In amount of bonds secured either by
the mortgage of the Cincinnati, Rich
mond & Muncie Railroad, dated Octo
Der 1st, 1900, of the Chicago & Gin
cinnati Railroad. dated February End
!, 1902, or of The Cincinnati & Indiana
Western Railroad Company, dated
: June End, 1902. or certificate OF de
} post. satisfactory to the Special Mas
ter, of any trust company for such
bonds. or $3.50, 0O00 90 principal amour,
} of Receivers Certificates heretofore
!. issued in said causes and referred te
, in said DEGREES.
Il The Special Master will accept nc
J bid for the property directed to b.
sold by said DEGREES for less than thu
sum of 5000, 100000, and unless such
i. sum or more shall be bio the Specia
. Master will adjourn the sale and apply
| fo,- 3re -