The Palatka news and advertiser., 1917-12-28

,nder TG and by virtue of final decree
entered in the Circuit Court or Ma,
rion County, Florida, in Chancery. dated
December Gath, 1917. wherein WiiiiaHl
and OckIawaha Valley Railroad Com,
| pany was defendant l, the undersigneo
SneciaI Master in Chancery, in the man.
| er hereafter stated, on .o
MONDAY, FEBRUARY 4th, i9lS,
between the hours of eleven O'Clock A.
M. and two o'clock r ,a,sst n. witi snd o hest est
| bidded for cash, in front Of the south
door of the Marion County Court
House. In Ocala, Florida the property
described in said decree, to-Wit:
The line of railroad extending from rom
the terminus of the company III ds fns
| CITY of Ocala, a distance of SIX miles;
| to a point known as silver springs
in the County of Marion, as described
and defined in and subject to the terms
of that certain lease and agreefnent,
dated December A. 1903, between tne
: Seaboard Air Line Railroad Company
and the Ocala Northern Railroad COM
pany. fuo,,
silver Springs to Fort Mccoy, IN the
County of Marion, distance Of l2.S
miles; from Fort Mccoy to the CITY OF
Palatka. in Putnam County. a distance
of 1926 miles, passing through the
| towns of Bay Lake and orange
Springs, in Marion County, and PASS
/ ing through Marion County into Put-
| nam County at or near orange Creeh,
| and thence in Putnam County by way
of the towns of Kenwood, Rodman ana
| Kenilworth. to the City of Palatka
and all extensions thereon.
The line of railroad extending from
the terminus of the company's line IN
the City of Palatka, distance of one
and one half miles, to the terminus OF
the company's line in the said City OF
Palatka, leased from the Georgia
Southern & Florida Railway company.
The right of way of the Company, one
hundred feet II. in width df ho,atla irom SILVER
All and singular the franchises,
rights. privileges and immunities now
or hereafter appendant or appurtenan,
to or used in connection with the sald
lines Of the company and any ana ail
extensions an branches thereon.
Also, that certain lot or parcel OF
land in Ocala, Florida. in Block Ga, Old
Survey of the City of Ocala, on Whlch
said lot are now located the general Of
fees of the defendant Ocklawaha val
ley Railroad Company, which lot or
parcel of land is more particularly de-
scribed in that certain deed of date
the SOth day of April. 1915, signed by
r. L. Milton as Special Master, as is
found of record in the public records
Of Marion County. Florida, in Deed
Book 161, page 357 which said lot is
also described in that deed of date
November 1st, 1911, signed by p. P.
Rentz and Kate w. Rentz to the Ocala
Northern Railroad Company. as found
Of record in Deed Book $50 at page
4S5 of the public records of Marion
County, Florida;
Also, all other property included in
that cetain trust deed made by Ockla-
waha Valley Railroad Company. to W.
s. Hood, Trustee, recorded in the pub
~ flrf 1n
in Mortgage Book 40, at pages to 80.
and recorded in the public records of
Putnam County, Florida, in Mortgage
Book at page 1872 ct seq;
At said sale | shall first offer all the
property above described to be held,
used and operated. as a common car
rier of goods and passengers from Sill
yer Springs, Florida to Palatka, Flor
ida, and if as much as Two Hundred
Thousand (S2OO,O0O.O0D Dollars is bid
under such first Offering, the same will
be knocked down to the highest bid
der at such offering; If as much as
Two Hundred Thousand (s200.000,00)
Dollars is not bid for said property
to be held, used and operated as a
common carrier as aforesaid, then |
shall offer all of said property for the
purpose of and with the privilege on
the part of the purchaser of disman-
tling the same; and in the event the
bid received under the second offering
herein provided for shall not exceed
by One Hundred Thousand Dollars the
highest bid received under the first Of
fering as above stated, then the prop
erty will be declared sold to the bidder
under the first offering above mention
ed, otherwise the same will be knock
ed down to the highest bid under the
second Offering.
In compliance with the terms of said
final decree the complainant in said
cause or Assets Realization Company
will be entitled to use in bidding all
toned in said decree and have his or
it's bid credited on such Indebtedness,
if said bid be accepted, provided, how
ever, that the highest bidder under
the second offering if his bid exceeds
by one Hundred Thousand Dollars the
highest bid made under the first Of
fering, or if no bid is made under the
first offering shall be required by the
Master to deposit with the Master
Twenty Thousand ($2O0OO.OO) Dollars
in cash upon his bid to be applied as
may be needed in the payment of
costs and taxes, and provided also in
the event the highest bid made under
the second Offering shall not exceed
by One Hundred Thousand ($1OO,00O.-
n0l Dollars the highest bid made un-
der the first Offering herein provided
for, the successful bidder shall imme-
diately deposit with the Special Mas
ter in cash. the full amount of his bid.
Reference is hereby made to said final
decree for further particulars.
The Court in and by said decree has
reserved the right to reject any and
all bids made.
F. r. HOOKER
Special Master.
Hooker G. Martin.
N lai it1a Sn1tRifnrc