The Montgomery advertiser., 1905-12-28
chancery Sale.
Charles E. Kimball
 ak al

ss. Court of Montgomery ,,. Allen FL Fleming. in Equity.
 issued by the Honorable J. D. sayre. Judge of the City Court of Montgomery. in the said yember. A. D. 1905. the undersis sned Will liam z. Lowering and F. c. Hamill. Receiy- pany, will iii on a the sth oe day of Januafy. % isos. proceed to sell at the Court-housa door of M MforMtcomery Mso1 County & Alabama. in the City sale all the right. title and interests of the Alabama Cotton Products Company in and Four complete ginneries. Including buiid- ings and ground located at Demopoiis,. Ala- abama. and Tuscaloosa. Alabama. Each gin being equipped with the necessary machin- gin stands. cotton presses and ali other nee. essary equipments used in connection with
 or doSSa SSmpss rasna gin bas presses complete with condensers and bat formers & and all the necessary supplies , to to fstsa s @ as % the soiIoSias points: & xedSiusis. :, srsrssn. Hsss Fl9renos E bseas'e b esTdsn City hatchie. Luverne. Montgomery. New Hope. Prattville, Ramer, Rcd Level, Sledges. Snow Hill, Sprague Junction, Tuscumoia and Union
 All office furniture and fixtures of com sad adS other eeessspy % offes fprnitare such as roller top desks, tables typewrtters. carpets, etc Said office furniture beinE located at abama
 The entire stock Of repairs and supplies on hand used in repairing the round bale cotton presses, said supplies located at No. 2l6 Bibb Street. Montgomery. Alabama. also a stock of such supplies located at Huntsville, Ala hama. for the same purpose .,
 The same being and including all the property, real and personal of the Alabama Cotton Products Company of Alabama in the hands of the undersianed as receivers or of 'd the y underssned iH or held by others under lease from them. This sale beinF made
 Said property viii be sold in bulk subject to the leases heretofore made by the saiC re- eeivers to any part of said property. real of personal the purchaser or purchasers ot said property succeeding by. virtue of said sale. if confirmed. to the rights of the Ala. bama Cotton Products Company. and Of the undersigned receivers as lesso=s Of said property and shall be entitled to receive and ties which may become due to said receiv- CTS after said sale under the leases hereina-
 It is further provided in said decree and notice is hereby given that no asivara oio Sna ee % said sale of any bidder who shall not at the time of or before making his , nia; oHpos,Ss sS Tth d ths G aS. the o eah or or cheek for Five Thousand (5.00ooO) Dollars duly certi-- fled by bank t the tbs receivers which said check shall be payable to the receivers and held by them as an earnest ,1, aHS the terms of sale and pay the full amount of his bid if he shall bs the suecssshfnl sh oiav nv person making suca deposit in cash e by certified check. provided herein should if his bid is rejected. then the sum so depos- tied. either in cash or by certified check, ed to such bidder. The deposit of the bid der whose bid is aecepted shal: Wit tae ae sale is cOnFned by the % tSs nuPehase prce sale aforessid that the purchaser at any saIa tndo the sale pay to the sai9 receivers n eaSn aon on m adtion to the Five Ts1Issnd bv S;UoOtSS rD tSe further sum of Ten Thousand (s1o.ooo.oo) Dollars in cash or by certified check .,.. upon the Confirmation of said ale. the purchaser or purchasers shall execute to able to the receivers at six (e) months after date bearing interest at the rate of six tso purchase price: and that the possession of Nae said propertv shall npon thS S odhs tha saa5 tGn of said i'd tse sSe sod u bidder purchase purchaser at at said sale but that no title to said tbs sh1 fu paent of the pSr chase money shall have been made and the ad same a Sha nrder and decree made and enter ed directing the said receivers to execute conveyance to the aaid m siS dscras that in payment of the said note that t purchas- CT may turn in and sIrrendeF S.ams ppos- the amount which the purchaser would be entitled to receive thereon If the entire pur- chase price were paid in cash.
 It is further provided in said decree in the event that the purchaser of said proper ty at said sale should fall to pay the full amount due or to become due m 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 satd purchaser. on account of said purchase.
 Ii is further ptovided in said decree that ha have the right to pay inc baIancs of the purchase price either upon the confirmation of said sale or at any time before the maturity of said note which may be taken for the deferred payment 1T he shall elect to do so and in the event of his election to pay said note given for the purchase money before It's maturity, interest shall accrle only up to the time Of its pay
 If is further provided in said decree that the power of sale conferred with this decree upon the said receivers may be exercised 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 ny announeement may at tner sae uiae me vertised and to winch 1t may have been ad- journed and that tue sale may be had on any such adjourned date without the ex-
 It is further provided in salo decree thar ilnon the confirmation of said sale the said receivers shall execute and deliver to said purchaser a certificate of purchase which shall reci.e the right of said receivers to re- take and resell said property in the event that default shall be made by the said pur- inc terms and conditions of said sale.
 This the 7th day of December. 1905
 Wna- =. LOWERING and F C. HAMILL.
 Receivers of the Alabama Cotton
 Products Company.
 Edward S. Watts. ,,-,