The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-20
STATE OF MINNESOTA, COUNTY OF
Ramsey-District Court, Second Judi

STATE OF MINNESOTA, COUNTY OF
Ramsey-District Court, Second Judi
cial District.
In the Matter of the Assignment of Will
liam Dawson, InSolvent.
The petition of the assignee of said In
solvent and the order to show cause why
said assignee should not be authorized
and directed to sell the remaining real
property Of said insolvent at public auc-
ton, came duly on to be heard at a Spe-
cial term on the 18th day of January
1902, and after a full hearing and consid-
Grafton of said matter, the Court hereby
orders:
l. That all the remaining real property
of said insolvent estate be offered for
sale at public vendue to the highest bid
der therefor. for cash, at The Aud1tori-
UNI, in the City of ST. Paul, in said Coun-
ty, on Tuesday, April 10, 1902, at 10
O CLOCK a. M, and that said sale be con-
tinued from day to day until completed.
Provided, however, that if in the Judg-
ment of the assignee an adjournment or
said sale for a longer time than one day
is advisable, he may make such adjourn
ment or adjournments, and to the same
or a different place, by making pubic
announcement thereof at the place where
said sale is being carried on at the time.
2. On the said 18th day Of April, 1902,
Immediately before the commencement OF
the sale of said real property, the said as
signee shall also offer for sale in like
manner all the then remaining personal
property, claims and demands, belonging
to said insolvent estate in such separate
parcels as he may. deem proper.
=. That said assignee may employ an
auctioneer or such other assistants in
conducting said sale Els in his judgment
Is necessary and prefer.
4. That in making said sales Of real
property the assignee may offer the same
for sale, either in parcels as arranged in
the schedule Of property filed with his
said petition, or In such other or differ
ent parcels as in his judgment will be
most advantageous and convenient.
Provided, however, that parcels num-
bered 156 to IT'S inclusive, being the prop
erty known as Phalen Park Addition in
said schedule shall be first offered for
sale as one parcel, and, provided further,
that parcels 1874 and 240, i'll said schedules,
shall be first offered for sale as one par
eel. unless prior to the time said par
order Of sale the assignee shall be re-
quested by intending purchaser or pur-
chasers to offer for sale separately either
Of said parcels or some specified portion
or portions of either Of said tracts, IN
which case the assignee shall cause such
parcel or parcels, or such portion or por-
tons so designated to be offered for sale
separately, but IL no bids satisfactory to
the assignee shall be made for such por-
ton or portions then the assignee shall
cause such parcels 1874 and 240 to be Of
fered for sale in one parcel, as aforesaid.
5. That all bidders whose bids shall be
accepted by the assignee at such sale
shall be required at the time to pay to
the assignee in cash, an amount equal to
amount to be credited upon the purchase
price if such bids shall be confirmed, but
to be forfeited to the estate in case such
bidder shall fail or refuse to complete
his purchase after confirmation in ac-
cordance with the terms of said sale.
Provided, however, that where bids made
by creditors of said estate whose claims
have been duly proved and allowed in
this proceeding, shall be accepted by the
assignee at such sale, said cash deposit
may be waived by the assignee to the
extent Of 5 per cent of the claim Of
such creditor as allowed in this proceed
Ing.
g. All the real property sold by the as
signee at public sale shall be with good
and marketable title, subject only to such
defects or tax or other liens or encum-
brances, as may be specified in the adj
Vertisement of said sale, or publicly an
nounced by the assignee at the time of
said sale.
z. That every bidder whose bid shall
be accepted at such sale shall be fur
n1shed with an abstract of title within
fifteen days after said sale, and in case
cessful bidder shall be allowed twenty
days from the date Of said confirmation
to complete his said purchase and to
make payment to the assignee of the
balance of the purchase price. In case
the title to any parcel of land so sold
shall be found to be Gnmarketable and
cannot be made marketable within the
time herein allowed for the completion of
the sale, the abstract of title thereto
shall be returned to the assignee and the
amount of said bidders cash deposit
shall be returned to him and his voucher
taken therefor.
8. Said assignee shall cause said sale to
be advertised by publishing a copy of
this order in at least three daily news
papers, published in the City of st. Paul
once each week during the month Of
March, 1902, and during the two weeks in
April preceding the day of said SALE also
by mailing a copy. of this order to each
of the creditors of said insolvent whose
claims have been allowed in this pro-
ceedlng, and their attorneys of record
herein, no later than January 10th, 1862
The assignee is hereby authorized and
empowered to give such other and fur
Their publicity to said sale by advertise
ment and public announcements as he
may deem suitable and proper He shall
also cause to be delivered to all said
to attend at said sale who may applY
therefor, copy of the printed list of said
property as contained in the schedule
h!ed with his said petition.
g. 1t is further ordered that said as
slgnee shall make full report to this
Court at a Special term thereof, to be
held on Saturday, May 3rd, 1902, at 10
o'clock a. M, showing all accepted bids
received at said sale, the name of the
| purchaser, the amount of the bids, and
thereupon the Court will hear applica-
IONS for continuation thereof and objec-
tons thereto. 1t shall not be necessary
Tor the assignee to give any other or
further notice of the making of said re-
port. 1t is further ordered that az the
same time and place, the said assign ee
snail make report to this Court show
eng the amount of cash then in his
| hands as such assignee, the amount ex-
| pected to be realized from the receints Of
| said sale, the amount of the expenses in
| cldent TO said sale, as near as thew can he
ascertalned, and the probable amount Of
| all other expenses to be incurred in the
| course of his administration of said es-
| tate and all other informa ton likely 10
/ assist in arriving at a reasonable esfi-
| mate as to the dividend which will final
and upon the hearing of said report tb,ss
assignee may apply to the Court for an
| order authorizing him to declare and na Y
| such partial dividend to creditors as ms Az
| be proper under the circumstances. II
case such dividend shall be authorized
! the assignee may at the same time and
| place apply to the Court for an Order al.
| lhollzlng hlm to conSummate sales II
| creditors whose bids have been accented
ana connrmed, by treating and accepting
! as cash toward the payment of the pur-
chase price of such bids, such portion o.
| the amount of such creditors dividend a.
he, may desire to apply upon the purchase
price OF his bid upon receiving A propeI
voucher from said creditor acknowIede-
ing payment of the amount of said divi-
dend, so applied in payment of his SAID
purchase price. So1o
10 Nothing in this order contained
sbaH interfere with the authority or dis.
creton or the assignee in making privafe
sales of any of the property of said t ess
tate, prior to the time of said nubIic saIs
81. Paul, Mimi. January IA 1902.
| OLIN B. LEWIS,
i District Judge