The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-09-30
FORECLOSURE SALE
Gulf, Florida & Alabama Railway

| NOTICE is HEREBY GIVEN that the
UNDERSIGNED appointed Special Master
! Sale made and entered on the 29th day
OF April. 1918, in certain cause now
pending in the United States District
Court for the Northern District of Flor
ida where in Columbia Trust Company
Is Plaintiff and Gulf Florida & Alabama
Railway Company is Defendant, will Of
fer for sale certain property of said
Gulf. Florida & Alabama Railway Com
pany on the 18th day of October, 1919.
at twelve o'clock, noon. at the .ront door
Company on the west side of Donelson
Street. between Garden and Romano
Streets. IN the City of Pensacola, Escam-
hia County. state of FLORIDA.
The property to be sold consists of the
line of railway of said Railway Com
pany extending from Pensacola, Florida,
t, Fimbrough, Alabama, a distance Of
% miles, certain branch Line, eX-
tending from Gateswood Junction. Ala
bama, to Gateswood, Alabama, distance
of II miles. and also all terminals, de-
pots. sidetracks. spurs. equipment, franz
chises and all other property of said Rail
way Company within the states of Flor
ida and Alabama, and all property OF
every kind and description In the posses
sion of the Receiver of said Railway
Company appointed IN said cause, For
a particular description of the property
to be sold, intending purchasers are re-
ferred to said Decree of Foreclosure and
Sale made and entered in said cause on
the 29th day of April. 1918. and to the
Report of the undersigned Special Mas
goth day of April, 1918. said properly
will be sold subject TO certain prior liens
and obligations described in said Decree
and Report. The said property will be
offered for sale in one parcel and as an
entirety.
der first deposit with the Special Master
the sum OF Fifty Thousand Dollars
(s50.000) in cash or certified check ac-
that the bidder viii make good his bid IL
accepted The deposit OF any unsuc-
cessful bidder will be returned when
higher bid has been accepted by the spe-
Upon confirmation of sale by said
Court. the purchaser shall pay. the ball
ing manner: The purchaser shall pay IN
cast. such amount as Will discharge In
full of the Receivers Certificates issued
by the Receivers of said Railway Com
pany appointed in cause pending in
said Court wherein Hubert c. Vaudeville
Is Complainant, and Gulf. Florida & Ala
bama Railway Company is Defendant
and all Receivers Certificates issued or
Z, be issued by the Receiver of said Rail-
way Company appointed in said cause in
which Columbia Trust Company is Plain
tiff. and all coupons appertaining to said
Certificates. or shall deliver said Certi-
ficates and coupons TO the Special Mas
ter for cancellation. The $50. 900 pledge
above mentioned shall be applied on ac-
count of the purchase price. and the pur-
chaser shall make such other payment ,
payments in cash on account of the
purchase price as said Court may from
time to time direct. So much OF the pur-
chase price as may not be paid in the
manner above described may be paid In (
cash or by delivery of First Mortgage
Five Percent Gold Bonds of said Railway
Company and unpaid coupons for credit
on account OF the purchase price with the
proportionate share due to the bonds and
coupons so delivered from the net pro-
ceeds Of sale For a more detailed de-
scriptiou of the terms Of sale and manner
of payment of the purchase price. intend
ing purchasers referred to said De-
cree OF Foreclosure and Sale.
Dated, August %. 1919.
GEO. EARL HOFFMAN.
Special Master.
Pensacola, Florida.
LEWIS & KELSEY,
Attorneys for Plaintiff.
120 Broadway, New York. n. Y.