Democratic Sentinel, Volume 9, Number 30, Rensselaer, Jasper County, 21 August 1885 — CHICAGO &. GREAT SOUTHERN [ARTICLE]

CHICAGO &. GREAT SOUTHERN

Judge Woods Orders the Foreclosure and Sale of the Road. At Indianapolis last Monday Judge Woods, of the Federal Court, ordered a foreclosure and sale of the Chicago & Great Southern Railway in satisfaction of the mortgage of §1,474,680, held by Henry H. Porter, President of the First National Bank, of Chicago, and the order stipulates that no bid under §300,000, including above liabilities, be entertained. Wm. P. Fishback is appointed master in chancery to make the sale after the same shall have ben advertised. An official of the L., N. A. & C. road says that as soon as the finances of the company will allow, they will remove all their shops to Monon, erecting suitable buildings to accommodate them. He says there is no question as to this being the point to locate them and that it is, as well, the proper place for the master of transportation to be located.—lndianapolis Journal.