Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-04-03
LEGAL NOTICES.

securing notes or bonds, total author
lied issue $l,G08,O 900, drawing interest
at the rate of per cent per annum,
payable semi annually on May and
November I in each year. principal be-
ing payable In nstallmnets of $50 600
on the first DAYS of November and May
in each year, commencing May ]. 1907.
and ending May |, 1915. and $4,000
on November l, 1916.
Amount OF principal outstanding July
/. 1913. $426, 900
2. Atlanta, Birmingham and Atlantic
Railroad Company equipment agreement
Series B, to Guaranty Trust Company OF
New York, dated July 1, 1907, securing
a total authorized issue of equipment
notes Of the principal amount of Sl72O,-
600, bearing interest at the rate OF
per cent per annum, payable semi an
nually on july | and January I, In each
year, the principal being payable in
semi-annual installments Of $50 600
each, payable January ! and July ! in
each year. beginning January l. 1908,
and ending June l, 1911
Amount Of principal outstanding July
/, 1913, S6SS. 900.
Said property will be sold together,
as whole, without division into par
cells
As part Of the consideration and
purchase price, and in addition to the
sum bid. the purchaser shall take the
same and receive the deed therefor upon
the express condition that he or his
successors or assigns shall take the
property subject TO the following
charges and obligations:
Any unpaid Indebtedness and obliga
tons which shah have been legally IN
CURED or contracted by the receivers In
the operation or ON account Of the prop
erty to he sold at any time prior to
the discharge of such receivers. other
than receivers certificates.
Any unpaid Indebtedness and liabil
tiles contracted or incurred by the At
lanta. Birmingham and Atlantic Rail
road Company prior to the appointment
Of receivers, with respect to which pc
tiuOn in Intervention or any proof OF
claim has heretofore been filed, which
the court shall hereafter adiudGe to be
entitled in equity to payment prior to
the payment of the bonds secured by
the mortgage foreclosed.
The purchaser shall also take the
property subject to tine performance by
him or his SUCCESSORS or ASST gins If all
pending contracts heretofore lawfully
made by the receiver or receivers with
respect to the property sold, including
contracts for the purchase Of equipment.
No bid will he received by me unless
the person making same has heretofore
deposited with me as pledge to make
good his bid in case of acceptance the
sum Of fifty thousand (So0 Ove) dollars
in money or certified check upon any
national bank or trust company in the
cities of Boston, New York or Atlanta;
the deposit received from any unsuc-
cessfll bidder shall he returned when
me property is struch on. IN case my
ND should he executed ana me SAFE
confirmed ana A successful hlgdeT snall
comply with the terms thereof, the de
post shal he credited on the puTc9ase
price. IN the event that any pldder
shall fail to make good his hid upon &C
cepance by me and confirmation by me
court, or shall fail to comply with any
further order Of the. court in regard To
the payment Of the balance Of the pur
c96isse price, sag Ge9"Slt SnaIl 6e shon
teited as INUNDATED damages and shaH
he applied toward the expense OF any re
sale ordered, or t0WarG making eooc
any deficiency or loss m case, the prop
erty a such resale shall bring less
than the prior sale, or to such other
purposes as the court shaH direct. pul u
the sand sale snail not he confirmed the
deposit shall be returned to the. bidder
pon confirmation Of such sale there
shall be paid IN cash by the purchaser
and from time TO time thereafter such
further portions on account OF the pur-
chase price of said properly sold as the
court may direct
or the debt evidenced by receivers
certificates the court has appoftloned
a S against the Atlanta, Birmlngb am and
Atlantic Railroad Company the sum OF
S@.SO9, III. with interest thereon al .
per cent per annum from July !, 1913,
until paid. and such portion VIII be paid
sale.
reference is hereby made to the fore
closure decree in the cause stated for
further particulars as fully as if same
Were set forth herein
VICTOR LAMAR SMITH,
Master Commissioner
N'N''It -. NJ " i'l-'7p 70 !. n