The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-06-05
RECEiVER'S SALE-THE BEDFORD,
INDIANA, STONE COMPANY.

Notice is hereby given that by virtue Of an
order OF the Marion Superior Court. OF Marion
Test et al. Va. The Bedford, Indiana, Stone COM
pany et al. No. $3.50 OF said court. the UNDER
signed receiver In said cause. will offer for sale
az private vendue the real and personal property
Of the said defendant. The Bedford Indiana, Stone
company. as set forth In said order. viz:
Real estate situate in Lawrence county. In
diana. described follows That part OF the
west half Of the northwest quarter Of section nine
s0 lying north OF Salt creek the southeast quar-
ter Of the northeast quarter OF section five CD,
ana the east half Of the southeast quarter or
section five 90; the southwest quarter OF section
four o. the south half of the northwest quarter OF
section four 90. and that part OF the south half Of
the northeast quarter Of section four 90 lying west
OF salt creek. excepting therefrom that part OF
in town site and called Limestone and ex-
cepting therefrom Crim's addition TO the said
town OF Limestone appears by recorded plat
thereof and excepting also a strip Of land lying
Immediately the east side Of the Bedford and
Bloomington road and running parallel thereto
and being one hundred and nlnety-two $50 feet
in width. running from the schoolhouse lot on the
north 10 the south line Of said northeast quarter
OF section four 90: and which mas been plated
Limestone; all the foregoing described real estate
situated in township number five 90. north Of
range one Cd. west. In said Lawrence county
Indiana.
The personal property is also situated in said
Lawrence county. Indiana, and Marion county
Indiana, and IL described and mentioned In
the inventory and filed by the undersigned. re-
ceiver In said cause. TO which reference is made
Tor fuller description. There Is excepted from
said offer OF sale all money and chooses In action
held by or accruing TO either the defendant COM
pany or the receiver herein. and all supplies or
personal property which may be consumed by
use In operating the plant OF the defendant COM
pany. in the conduct OF the business Of said
company, either BY the receiver or his custodian
lessee pending the sale under said order and
this notice.
Said property will be sold subject 10 all unpaid
all rights Of way heretofore acquired by the Bed
ford Railway Company, or other persons or com
panies, By deed OF otherwise. and to the rights OF
cuItivatng the same OF parts thereof. to harvest
and remove all matured and growing crops upon
S lana ana 20 oceupy the %
year; but said property will be sold discharged
of all other liens. "a set forth in said order
-Terrls of Sale
cash payment will be required to be made by
the purchaser or purchasers Of not less than
one-third OF the amount for which the property
IL sold; the balance OF the purchase money TO De
paid in six and twelve months from date or sale.
the deferred payments to be evidenced by notes
bearing interest at the rate OF per cent per
annum. payable In bank, waving valuation laws
with attorneys fees. and secured by mortgage or
mortgages upon the property sold OF by such
other security as the court or Judge In vacation
shall approve. IL the purchaser or purchasers
shall elect. the whole purchase price may be
paid In cash at the time of sale.
Each bid shall be accompanied by q duly certi-
fed check upon some responsible bank Of the city
Of indianapolis, In the sum OF two thousand dol
lars 02 0oo), payable TO the order of Alexander NJ
McCieary. receiver. said check and proceeds
thereof TO be held by the receiver for the pur-
poses and upon the conditions set forth in said
order, TO be returned to the bidder applied
agreed and liquidated damages for the breach
Of the bidders contract, II he shall fail TO comply
Herewith. as set forth in said order
All bids for the purchase OF said property under
said order and this notice shall be presented 10 the
receiver sealed. and the receiver will continue
to receive all such bids at his office. room No
Gil. Majestic building in the city of Indianapolis
Indiana. until 10 o'clock q m. Monday, the 10th
day Of July. 1899. At o'clock p. m. Of the same
day. thereafter as the same can be
heard. all proposals so presented TO the receiver
will be presented by him TO the court, or judge
in vacation. and thereupon opened. and the court
Judge may thereupon authorize the receiver TO
accept any bid deemed to be the best, or may
direct the receiver TO reject all bids and may
make such further orders in the premises as may
be deemed expedient
Any sale under said order order supplement
al thereto. shall be subject to the approval OF
the court judge.
copy Of the said order of sale will be kept at
the Office of the receiver for inspection and said
order shall be taken and deemed as part or this
notice
Any further information desired or required by
persons desiring to bid will be furnished by the
receiver upon inquiry 80 far as he may be able
to furnish the same.
ALEXANDER NJ. MCLEARY, Receiver.
Room GIL. Majestic building. Indianapolis, Ind.
Scott & Rabb. Attorneys for Receiver. Rooms
81, So. So. Lombard building. Indianapolis. Ind.