The Montgomery advertiser., 1905-12-21
Choncery Sale.

Allen Fleming. in Esuity'
 undes r. and Iy virtue of decree of S1s sale above emitted cause % on sSs sd day la of Ss1 liam LovepinF 's2 and tFe aam ReeeiV CTS of the Alabama Cotton Products Com proceed to V sci at the G Courthouse door of Montgomery County. Alabama. in the City sale ali the right, title and interests of ths Alabama Cotton Products Company In ana Four complete isS Einneries. including build ings and ground located at DemopoIis., Aia- ssa PRs d Road. ala6ama Gourtisnsb hcb sin being equipped with the necessary machin- efy and supplies. such as 5 boilers M s.s engines. ines essary equipments used in connection with the operation of ] complete gin i pisnt cotton formers and ali the necessary supplie. to ssted cate "a st the # folIoEinE R points: @ AndSIusia. ersrssn. FloTenee. F. Deposit. Garden City. hatchie. Luverne. Montgomery. New Hope. Prattville. Ramer Rod Level, Sledges. Snow Hill, sprague Junction. Tuscumbia and Union
 All office furniture and fixtures of com pany, including cotton sample tables. racks and other necessary office furniture, such as roller top desks tables. typewriters, carpets etc Said office furniture being located at No. 12 Commerce Street. Montgomery. As- abama.
 The entire stock of repairs and supplies o@ hand used in repairing the round bale cottoS presses. said supplies located at NO. 2le Bio1 of such supplies located at Huntsville Ala bama, for the same purpose
 property, real and personal of the Alabama Cotton Products Company of Alabama In the said nadae company @ whether actually in Sf the undersigned or held & ply GsaHrs hsnS mads subect sass iron fo exissnF tns eases O''nF
 Said property will be sold in bulk subject to the leases heretofore nade n by the sa ass er Said property succeeding by virtue of said sale. if confirmed to the rights of the Ala lama Cotton Products Company. and or the undersigned receivers as iessoEs t rsrs G and collect all and singular the rents ana royal ties which may become due to said reeeH- CTS after said sale under the leases hereina- bove mentioned.
 It is further provided in said decree and received or considered by the receivers at said sale of any bidder who snail not at the time of or before making his bid. deposlI with the receivers the sum of Five Thousand
 s5.OO0.oO) Dollars in cash or check TOT fled by a responsible bank. the solvency or which shall be satisfactory to the receivers receivers and held by them as an earnest and guarantee that such bidder will comply with of his bid if he shall be the successful bid der at said sale: and in the event that any Certified check, as provided herein. should not become the purchaser at said sale or ted either in cash or by certified check. will be by the receivers immedIateiy return der whose bid Is accepted shall. when the sale Is confirmed by the Court be applied as
 It is further provided in said decres of sale aforesaid that the purchsser at any ne the sale pay to the said receivers in cash in adition to the Five Thousand tS9.OoV-oo1 further sum of Ten Thousand 0io, ,OoO.0O) Dollars fin cash or by certified check. upon the e confirmation of said gale the purchaser or purchasers shall execute to able to the receivers at six (s) months after date bearing interest at the rate Of SIX (el per cent per annnm tSa t9e pSasnes esssssnn G, n the said property shall. upon the confirrna. ton of said sale. be delivered by dS ths saIa m purchaser at said sale but that no title to said property shall pass to u said pur- chase money shall have been made and the same shall have been reported to the Court ed directing the said receivers to execute a conveyance to the said purchaser:
 Ii is further provided in said decree that in payment of the said note that u purchas- CT may turn in and surrender claims proL. the amount which the purchaser would be entitled to receive thereon if the entire pur-
 It is further provided in said decree in the event that the purchaser of said proper ty at said sale should fail to pay the full amount due 10 become due In accord ance with the terms of said decree; the Court may by proper order and decree direct the said receivers to resell the property for the payment of the balance due thereon after applying such amount as may have been paid by the said purchaser. on account of said purchase.
 It Is further provided in said decree that the purcheser may have the right to pay the baIanCe of the purchase price either upon the continuation of said sale or at any time before the maturity of said note which may be taken for the deferred payment if he shall elect to do so and in the event of his election to pay said note given for the purchase money before its maturity, interest shall accrue onlyI up to the time of It's pay ment.
 It Is further provided in said decree that the power of sale conferred with this decree upon the said receivers may be exercised by the said receivers either jointly or seve- rally or by agent or attorney designated and appointed by them in writing, so to do. and that said sale may be adjourned from time to time by announcement. may at the time and place for which the same has been ad- ' ertised and to which it may have been ad- tourned and that the sale may be had on any such adjourned date without the eX- pense and delay of Te-adverttstng
 It is further provided in said decree that upon the confirmation of said sale the said receivers shall execute and deliver to said purchaser a certificate of purchase which shall recite the right of said receivers to re-. that default shall ba made by the said pur. chaser purchasers in the performance or the terms and conditions of said sale.
 This the Tth day of December. 1905.
 Wm. ,. LOWERING and
 r. c. HAMILL.
 nN he mi