the State of Florida as they or he may designate, and
at such times as they or he may appoint having first
given notice of time and place of such Sale by adver
=tisement to be published not less than three times a
week for Six Weeks in one or more newspapers in the
Cities of New York and Fernandina respectively,
and to adjourn the said Sale from time to time in their
or his discretion; and if so adjourning, to make the
Same at the time and place to which the same may be
So adjourned, and upon Sale, to make and deliver to
the purchaser or purchasers of the property so Sold
good and Sufficient deed or deeds in the law for the
Same; Which Sale made as aforesaid, Shall be a
perpetual bar, both in law and Equity, against the party
of the first part, and all other persons, whomsoever, lawfully
claiming or to claim the said railroad and premises, or
any part thereof, by from, through, or under it; and after
deducting from the proceeds of such Sales just allowance as
for all expences of the said Sale, including Attorneys and
Counsel fees, and all other expenses, advances, or liabilities
which may have been made or incurred by the said
Trustees in operating or maintaining the said rail
road, or in Managing its business while in possession
and all payments which may have been made by them
for taxes or assessments on the said premises, or any part
thereof as well as Compensation for their own Services,
to apply the said proceeds to the payment of the principal
of such of the aforesaid Bonds as may be at that time
unpaid, whether or not the Same shall have previously
become due, and of the interest which shall, at any
time, have accrued on the said principal, and be
unpaid, without discrimination or preference rate
=ably to the aggregate amount of such unpaid prin
=cipal and accrued and unpaid interest, and
if after Satisfaction thereof, a Surplus of the said
proceeds Shall remain, to pay over the Same to the
Said party of the first part, or to whomsoever may
be lawfully or equitably entitled to receive the Same
And it is hereby declared, that the receipts of the
Said Trustees Shall be a Sufficient discharge to
the purchasers of the premises for his or their purchase
money, and that such purchaser or purchasers, his
or their heirs, Executors, administrators or assigns Shall
not after payment thereof, and having Such receipt
be liable to See to its being applied upon, or for
the trusts, and purposes of these presents, or in any
manner whatsoever be answerable for any loss, mis
=application or non application of Such purchase |