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FOR SALE. Montreal, Portland and Boston Railroad of Canada. The following property is offereditor sale: The Interest of the Vermont National Bank, of St. Albans. in and to the Montreal, Portland and Boston Rattread and its appartenances located In Canada, ronning from st Lambert, opposite the City et Montreal sontheasterly to West Farnham about thirty-two miles. and from that point southerly to Vermont State line about twenty-five miles also two branches agregating about thirteen miles. making about peventy miles in all; also 538 first mortgage bonds of said Railroad Company of -1.000 each out of a total issue of 901 bonds of $1,000 each : also, all said bank's interest in 160 other of the first mortgage bonds of $1,000 each of said Railroad Company. the same having been pledized to other parties for the sum of $88,000. Also 100 second mortgage woods of sald Railroad Company of $1,000 each, and being the entire issue of second mortgage bonds. Also 7,924 shares of the capital stock issued by said raid oad Company of the par va ue of $100 each. the entire capital stock issued by said con pany being 10,199 shares. also a judgment in favor of the Tochelaga Bank of Canada of about $ 000 and accrued Intereat against said Moutr al. Portland and Roston Hattroad Com. Dany DOW owned by said Vermont National Bank, and whelly unsatisfied. The 32 miles of said road from St. Lambert to V est Fordham form a connection on a direct route from Montreai to Boston. and is a portion of what is KNOWD as the "Air the Line" between those cities, and is at present used by Canada Pacific Railroad Company as its eastern outlet. The whole road of about seventy rules is well worth $800.COD: the thirty-two miles islaid with steel rails, is in ex. cellent condition and the d pola and other appurtenances be. longing to the road are first-class. I be undersigned, receiver of said Vermont National Bank, has up to this time been kept out of possession of the road by eral proceedings In Canada. which have altogether been based on technicalities. The cases are now pending as SOOD as ecision on the merits is arrived at, the controlling interest now in the receiver's hands and hereby offered for sale must obtain the road and property Full particulars may be obtained by applying to the receiver of Vermont National Bank. St. Albana. Vt. The property, bonds, stocks and judgment aforesaid will be Gold together and for the same sealed bids are asked for and will be re eived by the undersigned at St. Albans. Vermont, B to the 6th day of May. 188. en which day the arme will be opened. examined and the sale determined. Bids should be explicit in terms and amount. and the undersigned reserves theri ht to reject any and all bide that may be made. Bidders pie required to give a bond or depo it a certified check for ten per cent of their bid as & voucher for their responsibility, the sawe to be returned if the bid is not accepted Bids with bond or check should be sealed and inclosed in another enelope and directed to the undersigned at St. Albans, Ver. cont. This sale is made under an order of the United States Circuit for the District of Vermont. GRORGE W. MENDEE, Receiver Vermont National Bank of SL Albane. Feb. 26. 1880
