The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-09-23
FORECLOSURE SALE
Gulf, Florida G. Alabama Railway
CompanN.

| NOTICE is HEREBY GIVEN that the
| undersigned. appointed Special Master
| by certain Decree OF Foreclosure and
! Sale made and entered on the 29th day
of April. 1918. in a certain cause nov
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 the 14th day of October, 1919
| at twelve o'clock. noon. at the front door
. Of the Passenger Station of said Railway
Company the west side of Donelson
Street, between Garden and Romano
Streets in the City of Pensacola, Escam-
bia County. State of Florida.
The property to be sold consists of the
iline of railway OF said Railway Com
lpany extending from Pensacola, Florida.
| u Kimbrough, Alabama. q distance OF
142.52 miles. a certain branch line, ex-
tending from Gateswood Junction. Ala
bamat to Gateswood. Alaba ma. a distance
pots. sidetracks. spurs. equipment, fran
chises and all other property of said Rail-
way Company within the states of Flor
ida and Alabama, and all property of
sion of the Receiver of said Railway
Company appointed in said cause. For
a particular description of the property
| tc 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
ter made and filed in said cause on the
goth day of April 1918. Said properly
and obligations described in said Decree
and Report. The said property will lie
offered for sale in one parcel and as an
No bid will he received unless the bid
der first deposit with the Special Master
the sum of Fifty Thousand Dollars
|ceptable to the Special Master a pledge
that the bidder will make good his bid If
accepted The deposit OF any nnsuc,
higher bid has been accepted by the Spe-
Upon confirmation of sale by said
ance of the purchase price In the follow
ing manner: The purchaser shall Pay in
cash such amount as vii discharge ,ss,,d II
by the Receivers of said Railway Com
pany appointed in n cause pending In
said Court wherein Hubert c. Vaudeville
is Complainant. and Gulf. Florida & Ala
baIna Railway Company Is Defendant.
and all Receivers Certificates issued or
way Company appointed in said cause in
which Columbia Trust Company is Plain
tiff and all coupons appertainfng to sam
Certificates, or shall deliver said Cert
ficates and coupons to the Special Mas
ter for cancellation. The $4,000 pledge
above mentioned shall be applied on &C
count of the purchase price. and the pur-
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 OF the pur
chase price as may not be paid in the
manner above described may be paid in
cash OF 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
propcrtionate share due to the bonds and
coupons so delivered from the net pro-
ceedS of sale. For a more detailed de-
scription of the terms of sale and manner
of payment of the purchase price, intend
ing purchasers are referred to said De-
cree OF Foreclosure and Sale
Dated, August %. 1919.
GEO. EARL HOFFMAN,
Special Master.
Pensacola, Florida.
LEWIS & KELSEY.
Attorneys for Plaintiff.
TO Broadway New York, N. Y.