The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-06-25
NOTICE OF RECEIVERS SALE.

In the Superior Court of Marion county. Room
8. No. ssl7i.
Broad Ripple Rapid Transit Company
BY virtue Of a decree and tudgmen OF the
Superior Court OF Marion county. Indiana, en-
tered in this case on the Goth day OF June. 1889.
the undersigned, John B. Cockrum. receiver Of
the Indianapolis and Broad Ripple Rapid Transit
i nS%r SetMee Mli the ei hours Of 10 0 O'clock s a. m. and /
o'clock p. m, at the south door OF the court
house in Indianapolis. Indiana, offer for sale at
the property Of said Indianapolis and Broad
Ripple Rapid Transit Company, as follows. to
wit:
All and singular the lines of street and sub
urban street railway, including all rights CT way.
stations, power houses. cars OF every kind.
motors. generators. engines. machines. machinery,
poles. lines. wires and other apparatus and equip
ment for the operation OF said lines OF street rail-
way owned by the defendant. the indianapolis
and Broad Ripple Rapid Transit Company, or in
which II has any interest. and all and singular
the franchises, rights, privileges. To-
cations and powers, contracts. claims, demands
and things In action, ard all other property, real
and personal. of whatsoever nature and descrip-
ton, whereseever situated. of or belonging TO said
defendant. the Indianapolis and Broad Ripple
Rapid Transit Company. or In which II has any
interest. including the parcel Of real estate known
lots and parcels Of real estate specifically de-
scribed in the intervening petition OF the State
Title and Trust Company fled in this cause, and
appurtenances, and which have heretofore been
taken and is now in the possession Of the court
W I VI tNC IStCifCIouAP Al thiS Sd1scs
Terms OF Sale
Said property will be sold as an entirety. free
from all liens and membranes thereon Qiens
being transferred without prejudice to the fund.-
At least one-third OF the purchase money must
be paid in cash 10 the receiver upon the con-
frmation Of the sale by the court. The remainder
Of the purchase money shall be paid In three
equal installments payable respectively on or be-
fore the expiration OF four, eight and twelve
months from the date of the confirmation OF the
sale. The purchaser to execute his promissory
note for such deferred payments. payable TO the
receiver at a bank In the city Of indianapolis.
with interest at the rate o. 6 Per cent. per an
mum and attorneys fees, without relief from
valuation or appraisement laws. The payment OF
such notes to be secured by the reservation OF
the right In the court to vacate the sale and re-
sumo the possession OF all the property sold. upon
the failure OF the purchaser to pay any install
msnt Of Of the hep purchase money at maturity "a ..u
the bidder has deposited with the receiver a GER
titled check. payable or Endorsed TO his order.
upon q bank In the city OF Indianapolis, for ten
person depositing the same becomes the pur-
chaser Of the property. shall be used in part pay
ment OF the part OF the purchase money required
to be paid In cash. otherwise to be returned TO
provided. however, that. II any bidder to whom
said property shall be struck of shall fail TO
complete his purchase and make the full cash
payment required upon confirmation OF the sale
thousand dollars shall be forfeited to and become
the absolute property OF the receiver for the use
Of said trust.
The sale will be subject TO Confirmation by the
court and the court reserves the right to reject
any and all bids.
The property sold will be turned over to the
purchaser on the confirmation Of the sale and the
completion Of the cash payment and the execution
JOHN b. COCKRUM, Receiver.
Miller, Elan & Fesler, ATTORNEYS for Receiver.