Railroads and other property mortgaged by a reorganized railroad company, if the court deems it expedient, may be sold without appraisement, at judicial sales under judgments upon such mortgage but the court shall fix a minimum sum below which no sale shall be made. To fix that amount, the court may refer the subject to a master with instructions to take testimony and report the sum.
Mortgaged property may be sold without appraisement
Ohio Rev. Code Ann. § 4971.13, under Chapter 4971 | Reorganization Of Railroads.
Ohio Rev. Code Ann. § 4971.13