New-York tribune., 1900-01-23

And also 50 bonds OF $1,000 EACH of the Gulf City street
aarbe and Real Estate Company with unpaid
Trust 3ss Company Of New YORK. Trustee:
G tty es s q s9s2 sS saca and pf RaS 5nf fag T5
SOD 3iyi sfsrl Icing M an al Of its capital stock
stock Of me Beach and Seaside fpro8esat @ " G G
si9s sfasas IMPROVEMENT Company dated April is Tor
No BID WIN Be accepted any bidder who shall nos
tS h1 or deposit with time OF InaE
S pa Z accepted by ne court the $1,000 in money
shan be Dai5 q ]Gn % sald properties shall be sold there
Rt S 5ast mentioned which shah part OF
purehass Priee of se s TSh further q sd
Ss Ine court may direct The decreein such sale
resell the said premises properly upon the failure of
Of court regarding pSysn & 70 SSPs " T1;5 N any order
cash or the puFehasr s. OG I pad u easa & may be paid in
Sa oaanGg OF sad BID IN whole in part BY paying
pertaining thereto BY the mortgages fOrecose
legations Of the Receiver Of sd HS popsr ssaSSi = 5 9
ScasSs IA SA9 Eaass.said bonds and coupons notes
SSs Se as bs shall be equivalent to the that ts
the e9tTe purchase price were paid IN cash The
decree may bid and purchase said sale
part Of the consideration sale and in addition
eodioH that to The Extent thss the esGa On Il: II:
ngs noos during the receivership herein sha Be
ehasers their assigns approved by the court
NIL notwtthstandng pay or and satisfy any and all
Receiver herein out OF The income and earnings OF ne
proceeds ot sale in said decree directed Which
P an order Dc ot ., the SAID SAID but only when and
prior to the mortgages foreciose5 IN aid & %
T sasT q tas5 and the PSrcnaser or purchasers their
sIs,H snd all orders Or o DEGREES @ OF ne court such
rights IN respect TO such appeals which the
saeh appsas had been 1ken ~0Sa By tRs Sans
Ihe court reserves the right TO retake and resell
! DaFtO OF th2
chaser purchasers his shsir assigns approved
The court in respect to the RsceiveTs ndeb-
chaser or purchaser or Ss or tbeit sueh pu
daancs anal aSSnn and q shRqE sss %
70 na adjustment upon such aooounsns ana subject
mad. A Ss asssnsa as ps as. sale Aan ags Rs
report the same to said court for confirmation further
the condl!oHs Of said sas SFssSbsd q
person s R iH sans Sss8iia sa tsS Il
ors9s o tS court ar S i ct S 81 me sale and al the
Sy the bidder shall Be oTstsd Sy the S Sdr % shd ss
Master Commissioner. upon confirmation OF such sale
purchaser or purchasers win make execute and deliver
Of the PSOpsy ,o sn nGs ssr1 the & se S % % d @
deeds the Rsceivsr having possesIon OF s 5 S19 g % e
will ss sSs execute S and elsgt asys & to the sad gcs
evidence OF transfer Of any and an sod which
cause which Receiver any manner
eSasers of the pOpS sod saa upon or @ s
nrmation or said sales compliance with
the terms OF sale BY the purchaser purchasers he
they shall be entitled to deed or deeds Of assurance
Railroad Company the defendant IN and the
Guaranty Trust Company OF New-York. and Units4
States Mortgage and Trust Company eOuplanants in sd
deeds Special Master Commissioner
therein into possession OF the premises
Receiver IN said win deliver al tbs
premises sold which be IN his possession to the
assigns Including income. proceeds OF bills
receivable cash and other
the manREenent and operation OF ths
uOrtEaged premises embraced IN such conveyance
thereto, reserved IN and by thu
hforesaid decree The purchaser purchasers tia
property shall be invested with and shall pos
said mortgaged premises
rights prveges and franchises appertalninx
CITY Raroad Company held and enjoyed On the
a4th Cay 1S9e Heretofore held enjoyed
and the said purchaser purchasers
have and entitled hold said railroads lands ana
properties sold freed and discharged OF
liens ot the mortgages toreclosed IN said
from claims OF the parties suit any 81
the claim OF the City Galveston
and virtue OF the contract entered
about 24th day OF May 1893 between the CITY OF
Galveston and Rush Pumley and associates ana
and delivered IN OF said by CAL
weston Railroad Company to the Cfty
and about the first day February.
and also thS lien and claim OF said
street improvements asserted presented by fntervs
tons heretofore fled IN said cause by the City Gal
weston.
OF the property sold and for the
JOHN GRANT.
Special Master Commissioner.