The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1899-07-20
THE 'PRIN CEToN UNION: THURsDA u UI
said county, on the 9TH day 81 August

said county, on the 9TH day OF August,
The Special Master viii Viii receive no bid from
anyone Offering to bid for said patented lands
or for lands selected and certified but not
who an shall not first that
ance, have made a deposit with the Special
Master. OF ten dollars for each section Of such
laads, for which such person desires to bid in
Bank or Trust Company in the City Of New
York, or in the City OF st. Paul, Minnesota.
Upon the acceptance Of any bid for any Of
said patented lands, or for any lands selected
and certified but not patented, the bidder, to
whom the same shall have been struck off,
shall deposit with the Special Master,a sum
equal to ten per centum Of the total amount Of
his bid for such lands, either in cash or in a
certified check upon any National Bank or
4 lrusS m "a n IN the City OF New York or in
Master will receive no bid from anyone Offer
ing to bid for said unpatented lands and rights.
who shall not first deposit with him, as a
of acceptance, Il sum equal to five per centum
OF the amount OF his bid in money or in a GER
titled check upon National Bank or Trust
City Of st. Paul, Minnesota. =. -,
Upon the acceptance of any bid for said I'M
patented lands and rights the bidder to whom
forthwith deposit with said Special Master, a
sum equal to ten per centum OF the amount of
ms old IN money or in a certified check on any
National Bank or Trust Company in the City
OF New York or in the City Of St. Paul, Mime
sofa
Any cash which any successful bidder may
good his bid will be received on account of the
amount required to be paid by him on the &C
ceptance of his bid
The deposit received from any unsuccessful
bidder Will be returned to him when the prop
erty shall be struck down.
In case any bidder shall fail to make the de-
Of his bid the Special Master viii then and
there again offer the lands or rights struck off
to him for sale without further notice or adver-
tiSement.
In case any bidder or purchaser shall fail to
make good his bid upon it's acceptance by the
Special Master or after such acceptance shall
fai! to comply with the order of the Court re-
lating to the payment thereof or the consum-
nation OF the purchase, then the deposit made
by such purchaser purchasers will be for
felted as a penalty for such failure and will be
towards making good any deficiency or loss in
case the property shall be sold at price less
than that DID at the prior sale. If the Court
shall not confirm the sale for which the de-
post shall have been made, such deposit will
be returned to the bidder
Upon confirmation of any sale by the Court
the purchaser shall make such further pay
ment or payments in cash on account OF his
bid, as the Court may from time to time di-
rect. Any such purchaser may satisfy and
make good any part of his bid not required to
be made in cash, by executing and delivering
10 the special Master an assignment of any
claim against said Northern Pacific Railroad
OOu1pduy. NulCu Sudll nave De6n, at the time
OF such assignment, finally allowed by the
Court in this suit, and of which such purchaser
snail then be the owner and such purchaser
shall be credited therefor on account Of his bid
with such sums as would be payable on such
claims out of the purchase price of all the
Lang LANDS If the whole amout thereof had been
PAID IN cash. II the credit to which the owner
OF any claim so assigned, would be entitled by
reason Thereon, shall exceed the amount due
from MIN upon such bid in excess of the
amount required to be paid in cash, then such
assignment to the Special Master may be of
such amount out of the total of the said claim
as may be necessary to make up the amount
so due on such bid or bids and the right of such
purchaser in respect of the balance due on such
claim VIII not be affected thereby The Court
reserves the right to resell any such lands or
rights upon such notice as the Court shall d.
rect, IN case the purchaser thereof shall fail or
omit to make any payment on account of any
unpaid balance of the purchase price within
thirty days after the entry of an order requir-
ing such payment.
f'or further particulars, reference is hereby
made to the above mentioned DEGREES OF said
Courts.
Dated June 9Th, 1892
ALFRED L. CARY,
AS Special Master.