Arizona weekly journal-miner., 1897-04-21


 to hid who shall not srst deposit with him as pledge that he will make good his bid in cnss O It's acceptance tho sum of slO000Q in moEoy ol by certified check upon any national hank CT an, trust company approved by the Special Master or S25O.oo0 par value of the bonds secured by th' first mortgage of said Atlantic and Pacific Ran roassl Company referred te in said decrees Tn, deposit ss received from any unsuccessful bid des win bs returned Co aim when the prnperi, shall ts struck down. aud the deposit rcceIvea from the successful bi31er will bo applied on account of the Iairehsse price of the property. The Special Ma Ter will aecept no bid for said rAilroAd. property and franchises. unless the same shall al ieast equal to ths sum of Ss,. 00o.o00
 Upon the sc eptsnse of any bi the purchaser shall forthwith deposit with The State Trust Company, of New York. subject to the order of said Special Master the sum of ss50.0oo in cash or by certified cheek upon sny national bank or any trust company approved by ths Special Mas ter. or ssoooo0 par value of the bonds secured by said InortsAgs, but any cash or bonds which may have been previously deposited by the success ful bidder as pls,ire that ho wonld mAks good bis bid shall he received oa account of the amount so required on the acceptance of his bid.
 In eAso any bidder or purchaser shall faii to make gsod his bid upon ita acceptance by ths Special Nssisr or shall fail after acceptance Co comply with any orders of the Court relating t0 the paysarns thereof or seonsamuaasion of the purchase, then ,he sauas In cash or bonds de- posted by sneh purchaser or psrchasers shall bs forfeited aa penalty for such fsElgre and shall b, applied towards payment of the e1penss of resale aad towards making good Aag deficiency or loss n case the property shall be sold al lsss price spon sneh resals, If any sAio for which deposit ha. been made shall not l,e confirmed by the Court such deposit shsll hs returned Co tie bidder.
 UDon confirmation of the sale by the Court the purchasar shall mals such further payment or pagments h eAsh on account of the purchase pfies bld, for the payment of tls snuls to o paid cut of tlss proceeds of said sale As provided in said decrees A. she Court nAy from time to time direct. The balance Of tAe purchase price no, reo iired to he paid in cash nay either ie paid in eAsh or the purchaser may satisfy and make good ths balance of his bid in whole or tn part by tnrniag 10 tS se eaneogIof or crSised, As in said decrees provided any of the fret Taurtsass t1nsis aad eoaPoas Co be pad oui If tho proceeds of sale aTon distribatioa fleseof as in taid iecrees psovide aud snoA parchasar shaIi le credited theTefor on account of tl1e paroaSse prlcs. saeh sunn in cash as would be payable oh sueh honss and coupons eat of the proceeds of the sala if tas whole amount of the purchase price sers pad lD cash. Tbe Court rssersos the riSht 10 rV-sell the property opon such notice rs she coart sian direct in easo tbe rurel ascr stall fail or omit to mako any payment on account of suy unpaid hAr Hoo of the parchass pr:eo within thirty dNys A14 the entry of an order reqairing such fsyih>st
 The purehaaor. ef purchasers as such sste and his or their suece,soSs or asslsns. shsli haresths rsit within nihssg lay6 afser tAo confirmation of the sAle saf delivsiy q the dsed ta elect whetbcs or not to o.assasns pr adopt any Of she lessss and eos'racta sglI ai,h tbs rai,resd and other propert1 sat fgihchisef; 9aa tho pur- chaser or purchases, hl..eF uhsir.sascnss3 s3rs or sssisns, s,sll oalg bel.li to have Assumed such of sAii iesses CT supiyaefs ss he CT tee shah 70 elect to assaIns.
 For the psrpose'ef eafefeinE fAe progi ions Of the dscroea jurisdiction of the cause is re- tAinsd b. said Courts, whiea reserve the right to retAko snd resell said propcrtt ia oAss che put- chaser or purchasers, his ar theif sece.sors or ASsiFas. shall fail to comply with any order of the Court ia respect to the payment ct such pzior indebtSiness. obliga,iaRs or liabilities within thirty days aftsr the serrlos ef copy of such Orsier
 For further particulars reference Is made to tae aforementioned decrees of said Coarts. D1rED MAHcH g, 1897.
 OWEN \, N 'RRoN,
 Special Master. EIwNEb ". SHELDON.
 NELL B. FIlu-D.
 Solicitors for United States Irrst Company, If
 New York, Complainant.
 Fisst nnhlicafioa Marcb .27 isg7