The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-11-04
TITLE WANT ADS
- bring big results.
SPECIAL NOTICES.

receive " the entire amount OF the bid
was paid IN cash The sale will be made
on the express condition that the purchaser
shall assume all the liabilities " the said
Blake pupree, the receiver, including pend.
ing damage suits on causes uf action o.
curing since his appointment as receiver,
which arc provided for In the decree OF
March 10. 1900. which obligations so pro-
yded FOR which are not TO be assumed
10y the purchaser, are said hist issue OF
$4,000 of receivers certificates. the sum
q; S34 1850 dur the United Electric Secur.
ties Company and the sum Of $50 2l3.2S
due the General Electric Company, ana the
purchaser must assume and carry out
contract made 10y the receiver with the
Western Uuion Telegraph Company, dated
February T. 1890,
Among the obligations OF The receiver
SO TO be assumed aud satisfied by the pur
chaser IN addH 10 the amount bid by
receivers certificates Of 100000, with in
terest thereon at the rate OF eight ~ per
cent per annum from November Is, 1900,
the sum of $2BO5S.e 8 due by the receiver to
the United Electric Securities Company.
with Interest thereon al the rate Of six 90
per cent FER unnum from April 1. 1900, the
sum of So 935.4i due by the receiver 10
the General Electric Company, with inter
est on Si5.g04 If thereof at the rare of six
l6) per cent per annum from April ], lNo.
the rate Of six 90 per cent per annum
from September /, 1901, aud with interest
on SSl4o.T7 thereof at the rate of SIX 49,
per cent per annnm from ana after Janu-
CctVcr In operating the plant which. how
ever. Il is believed, viii be about onset by
he available current assets tnot including
the amounts due and TO become due from
the city of 1loustonl of the receiver, which
the purchaser Will be entitled to. and all
damage suits and claims pending against
he receiver at the time OF the delivery OF
thu property 10 the purchaser. the suits
VOW pending al hcine I'm the district court
/ Of Harris court by the following named
mart Inn
W. w. Shnonton, Gussie Simonton, Henry
G.. Alexander. Henry G.. Black BeulBh
Parker and Oscar a. Ryan, but the pur-
chaser will be entitled Co the benefit NJ
the indemnity insurance held by the re-
cciyer which. II is believed. will protect
against liability IN these suits. All taN cs
to and including 1900 have been paid; the
purchaser win assume the taxes for 1901
To recover Si3,44sso Of the amount due
| by the city of Houston a suit is now pend.
| Ing by the receiver In the circuit court OF
! the United states at Galveston, and the
! purchaser will have the right AZ his eN-
| pcnse. to cause said suit to he prosecuted
! ny the receiver TO Temptation or to
| be substituted as party plaintiff
| The court reserves the right on failure
! Of compliance with any of the conditions
of such sale to retake and resell the prop.
! erty and also reserves the right to re
! quire the purchaser, before the delivery
| Of tho property TO him. TO pay the amounts
! to be assumed by the purchaser, in addition
| to The amount OF his bid as above specified
/ and all other demands against the receiver
! which are to be assumed by the purchaser
! as above stated. the amount whereof may
! be then asccrtalned
Upon confirmation Of the sale and com
! pliapcc with the terms thereof by the
| purchaser u proper deed of conveyance
| Will he executed by the undersigned Joined
| by the Massachusetts Loan and Trust Com
| pany as trustee without any guarantee or
| warranty of title whatever Reference Is
here made to the above mentioned DEGREES
for further particulars and for more spe.
| cihc description OF the property to he sold
and the terms Of the sale
JOHN GRANT,
Special Master Commissioner,