The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-09-09
FORECLOSURE SALE
Gulf. Florida e. Alabama Railway
Cou,parv.


NOTICE is HEREBY GIVEN that the
undersigncd appointed Special Master
by a certain Decree. or Foreclosure anu
sale made a ana entered er on ,ne cause now
pending in the United States District
Court for the Northern District Of Flor
ida where In Columbia Trust Company
TX Plaintiff and Gulf Florida a. Alabama
Railway Company is Defendant viii OF
fer for sale certain property OF saiu
Gulf. Florida & Alabama Railway Com Com
panv on the 14th day of October. 1919.
at twelve o'clock, noon. at the front door
OF The Passenger station Of said kaiiwAg
Street between Garden and Romana
! streets I'm the Cityso Pensacola, Escsni-
bia County State of Florida.
The nrophrty TO be sold consists OF tine
line Of railway of said Railway Com
pany extending from Pensacola, Florida
to Kimbrough. Alabama. a distance or
1889 miles. a certain branch Inc, eN-
tending from Gateswood Junction, Ala
baqa, to Gateswood. Alabama, distance
of II miles. and also all terminals, De
pots. sidetracks. spurs. equipment, iran
chises and all other property OF SAID kail-
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
q particular description Of the property
to be sold. intending purchasers are re.
ferred to said Decree OF Foreclosure ana
sale made and entered IN said cause on
the Goth day or April. 1918 ana TO the
ter made and filed I'm said cause on the
Goth day of April, 1918. Said property
will be sold subject to certain pTloT neilh
and Report The said property VIII be
offered for Bale in one parcel ana as an
No bid win be received unless the bid
der first deposit with the Special Master
tile sum of Fifty Thousand Dollars
$4,000 IN cash Or certitiea sneI aIeses
that the bidder VIII make good his bid II
accepted. The deposit Of any unsnc-
eessfu bidder will be returned wnen I"
higher bid has been accepted by the Spe-
cal Master
Upon confirmation Of sale by said
Court. the purchaser SHAH pay the pal .l
ing manner: The purchaser shall pay IN
cash such amount Will discharge IN
fun Of the Receivers Certificates issued
bv the Receivers OF said Railway Com
pany appointed in a cause pending IN
said Court wherein Hubert G. MandeviHe
Is Complainant, and Gulf Florida 4 Ala
bama Railway Company is Defendant
and all Receivers Certificates issued or
T., be issued by the Receiver OF said Haii-
way COMPANY appointed in said cause IN
which Columbia Trust Company Is Pain =
tiff. and all coupons appertaining 70 saih
Certificates. or SHALL deliver said 1eItl-
ter for calculation The $4,000 pledge
above mentioned shall be applied on ac-
count of the purchase price. ana the PUT :
chaser shall make such other payment
or payments in cash on account OF the
purchase price as said Court may from
time to time direct. SO much or the pur-
chase price as may not be paid In the
manner above described may be paid IN
cash or by delivery OF First Mortgages
Eve Percent Gold Bonds of said Railway
Company and unpaid coupons for credit
on account Of the purchase price with the
tproportionate share due to the bonds ana
| coupons so delivered from the net pro
ceeds of sale. For n more detailed de-
scription of the terms OF sale and Tanner
of payment of the purchase price. inte NJ
/ ing purchasers are referred TO said De-
cree of Foreclosure and Sale.
Dated, August %, 1919.
GEO. EARL HOFFMAN,
Special Master.
Pensacola, Florida
| LEWIS e. KELSEY.
/ Attorneys for Plaintiff.
| 100 Broadway, New York, y. Y.