The Monmouth inquirer., 1895-03-21
ID ECEIVER'S SALE
IL or THE NEPTUNE ELECTRIC COMPANY.
IN caANcERY OF NEW JERSEY.

IN CHANCERY OF NEW JERSEY.
Between
Henry @ Adams ct ais
compl'ts., order Tor sals
The Neptune Electric
Company. ct ais,
Defts.
By virtue Of an order aud dscree made in the
above stated caHss bearing date the nineteenth
day OF Febrnary. eighteen hundred aud ninety
FIVE, will expose 10 sale at public vendue,
Saturday the Both das OF March next. 1895, be-
tween the ours OF twelve hve O'Clock. 10 wit:
at the hour OF twelve thirty in the afternoon of
sal day. at the Power House Of said Company on
the premises hereinafter described. West OF the
railroad aud North OF First Avenue in Asoury
Park Monmouth County, New Jersey.
ALL THE RE L ESTATE ELECTRIC LIGHTS
AND POWER DKKS AND SYSTEM OF TIE
SAID rHE NEPTUNE ELECTRIC COMPANY as
foilows:-
An that certain tract or parcel OF land and
premises hereinafter particularly described
situate, iying aud betug in tue Borough of As
bury Park In the Township oi Neptune. in the
Donnty OF Monmouth and State of New Jersey,
ana lying westward from the railroad that passes
through the Borough of Asbury Park, described
Beginning at pointin the westerly line of
Railroad AveDue. distant afty feet
nortberly from the northwest corner
OF R.iiroad Avenue aud First avenue as
now located. thence northerly along the westerly
line OF Railroad avenue one hundred and ATTY
feet. thence westerly parallel wi First Avenue,
one hundred aud nifty ieet, thence southeriy par
aiel with Railroad Avenue one hundred aud 6fty
te~t. thence e8sseriy again parallel with First
avenue one hundred and city teet TO the place of
beginning. and also ali other lands, tenemeuts
aud he editaments belonging to tile said Com
psny within the State Of New Jersey. And also
I'll the electric light aud power works and system
ui the said The Neptune Electric Company as the
same now located aforesaid otherwise,
aud tbs shal be may hereafter be To-
aed aud constructed at or near the Borough Of
Asbury Park elsewhere in the County af5re-
said, aud aflthe lands. tenements, hereditaments
and machinery. dyHanos boilers glnes, poles,
wires, cross-srnls iDsulators. Transformers or
converiers. lamps both aud incandescent,
either attached to the said line of system or in,
about the said PREMISES or elsewhere ! a
said County. aud al other appendages now be-
longing or appertainang to the electric light
works and system aud that shali or may here
after belong appei tail thereto either renew
ais Repairs, additions or new structures aud
recti0fis otherwise. and all the implements,
t10is supplies aud equipments of every kind and
sscripsion, both those now owned by the said
u uIpany and appertaiuiug and belouging to said
system or otherwise. and all that may hereafter
he procured by the said company tor its use Or
otherwise. And also all tile corporate rights,
liberties privileges aud franchises of the said
Company. oil aud concerning said electric light
and power works and system and appeudages or
III any wise relating thereto otherwise. aud all
the dividends. rents. incomes, issues aud profits
that shall or may in any way accrue from said
lands real estate aud persoD0l property and
franchises and fr every ether source
Together With ali and singular, the woods,
wass. waters. water courses. rights liberties.
privileges. Embellishments and premises theraunto
belonging or in auy wise appertaning and the
r@version aud reyersious, remainder and rematn-
ders rents. issues aud profits thereof aud all the
estate. right title aud interest property, possess
,ioD, clai u aud demand whatsoever at law or in
equity OF the said company to all and singular.
tue property aforesaid and every part and parcel
thereof.
ORDER OF SALE.
: T. The power and boiler house with the ma
hInery, dynanlns, etc.. situate on lot OF lou
ieet front On the railroad and of depth between
parallel lines OF $50 feet together with the cleo
tric lights aHd power W ,rks and system of the
said The Neptune Electric Company, machinery,
dynamos. boilers. euginss. p lies. wires. lamps
aud lines be.onging and appertaining 10 tne said
electric lfgh. works and system, together with
it corporate rights. liberties aud franchises,
will be sold whole or in parts; If as whole
the sale will be subject to first mortgage bonds
t., the amount OF Sal 00';if in parcels. arrange
ments to be made with the Trustee of hrst
mortgage B0ndhoiders for a release OF those
&c, lying outside of Asbury PArE Neptune
Township that may be sold separately.
There will also be sold with the above or
with the part lying within Asbury Park Nep-
Si9 900 OF uhissned first mortgage bonds.
H. Lying sostn OF the brick Power House and
buildings aud adj dining the same, is lot 81 feet,
trout along the railroad. by $50 feet deep, con-
tanning convenient cottage which will be sold
separate and apart from he foregoing and sub
ject to mortgage OF 5000.
The whole Or ,perty will be sold clear of the
lease aud possession will be given as soon as the
sale is confirmed by tue Court aud the conditions
complied with.
PRIYAr re SALE.
Private bids for any part or all of the property
VIII be received at any time before the date of
sale aud submitted to the Chancellor for ap-
prova.
couditions.-The highest bidder must pay IN
cash or by certified check or bankers draft. 10
per cent. Of the purchase money before the prop
erty bid upon is cried off,
Other conditions 81 sale
ANY private Did must be accompanied with cer-
titled check for ten per cent. of the amount bid
In excess of the mortgage.
JOSEPH H. GAsKILL.
Receiver.
February 2eth. 1895.