The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-01-20


been offered for sale and the highest bids received
therefor noted by the undersigned as Special Mas
ter. will then Immediately offer the said parcels
Ior sale together as an entirety. No bid will be
received for the said property shen offered an
entirety in one lot or parcel trcE anyone Offering
to Did therefor who shall not. before the time Of
sale. deposit with me- &c a pledge that he will
make. good his bid in CAT. OF acceptance, the SUM
any national bank trust company in the City Of
Now YORK. or $3.50 600 par value OF the bonds
sss BY the SAID First mortgage or deed OF
If the highest bid for all such property when
onered together as q single lot parcel shall
esta IT, aggregate OF the said highest bids re-
celVed and noted for said property when offered in
separate parcels As Aforesaid then all OF such
property shall be struck on and sold together as
z single lot or parcel to the person making the
highest bid therefor: but If the highest bid
ceived for such property when offered together az
single lot or parcel shall not exceed the aggre-
gate sum Of the several highest bids received and
noted for such property when offered in separate
lots or parcels as Aforesaid. then the several
separate lots offered for sale shall be struck OF
and sold to the bidders who made the highest bids
therefor respectively.
Upon the acceptance Of any bid either for tbs
separate parcels offered for sale. the premises.
property and franchises offered entirety be-
fore striking down to the purchaser purchasers
the premises property and franchises 50 oired
for sale. the purchaser purchasers thereof shall
pay to the undersigned Special Master ten per
cent. OF the amount Of the purchase price bid by
him. either in money or by certified check upon
Any national bank or trust company In the City
OF New York or thirty per cent thereof in the
par value OF the bonds secured by said mortgage
or deed OF trust Of May =, 1899. The deposit re-
eeived from each and every successful bidder
shall be retained by the Special Master and ap-
purchase price hereby required to be paid in cash,
certified check or bonds by such successful bidder
or bidders. The deposit received from any unsic-
eessful bidder shall be returned to him when the
property shall be stricken down.
IN case any bidder or purchaser shall fail to
make good his bid upon It's acceptance by the
undersigned as Special Master, or after such
ceptance shall fail to comply with any order Of
contamination of the purchase. then the Sums in
cash or bonds deposited by such purchaser or pur-
failure. and shall be applied to the expense Of
tbs resale, and toward making good any def
at rrice less than that brought at the former
sale; II the Court shall not confirm the sale for
which deposit shall have been made. such de-
Posit shall be returned to the bidder. The COM
plainapt The Central Trust Company Of New York.
as trustee any holder or holders OF any Of the
bid and purchase at any such sais Upon con-
frmation OF any sale by the court the purchaser
shall make such further payment or payments
time to time may direct The purchaser OF AM
parcel may satisfy and make good any part OF
ing in to be cancelled or credited as provided 70
said DEGREES. any bonds or coupons payable out q
the proceeds OF sale upon the distribution thereof
| and such purchaser shall be credited therefor on
| account Of his bid with such sums as would be
payable on such bonds and coupons out Of the
| purchase price II the whols amount thereof had
been paid in cash. The court reserves the right
to resell any parcel OF the propsrty upon such
notice the court shall direct. in case the pur-
! chaser thereof shall fall omit to make any
payment on accoun, OF any unpaid balance OF the
| purchase price within thirty days after the entry
! OF order requiring such payment The pur-
chaser Of the parcel second above described and
numbered G) shall as part OF the considefa-
| ton and in addition to the sum bid for SUCH
parcel, take the same and receive the deed there
for upon the express condition that he shall pay
satisfy and discharge the amount Of the lien
| Of the Barnett Record Company under
and by virtue of certain mechanics liens u
such liens shall be adjudged prior to this mort
gage by the Circuit Court Of the United States
for the District Of Minnesota in the said action
| therein pending between the Central Trust Conn
States Flour Milling Company. the said Barnett .
Record Company and others as defendants. ana
| payable out OF the proceeds resulting from the
sale of the>said mortEased premises in priority
scared by said mortgage Of May l. 1888; and
the court reserves the right to retake and resell
the said parcel In tho event OF allure Of tas
For further particulars. and Tor specinc 40.
| scription Of the property to be sold, reference
is hereby made to the ssid ascrssi on ME VII
of said DEGREES may oe seen pom due appiicae
tion the ofce Of either the undersigned Special
Master Or collectors. on, ,oo,
JOSEPH CROSS,
| - Special Mastsoa
BUTLER. NoTMAN. JoL1NE & MYNDERsE.
81 Wall Street. Manhattan,
L1NDABuRY. pEp1E fAuLKs.
TIC Broad Street,
MILLER, NoYEs M III wAH1.
1o2 Wisconsin Street.
Milwaukee. Wis:
KELLOGG & SEVERANCE. s.
Merchants National Bank Building.
St. Paul Mimi. x .
Solicitors and of Counsel for couplaisant Central
Trust Company Of New York. t.. = IS.