The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1908-11-21
CIRCUIT COURT OF IRE gEfEl SilIEs
DIsTRI0r o. mAusAonUsErTs
Charles D. Houghton
vs.. EQUITY No, 40l,
Arnold Print Works

Arnold Print Works
Decree Authorizing Receivers to Sell
the Property Of the Arnold
Print Works.
October 20, 1908.
LOWELL ].
This cause came on to be heard on
the report filed on October 13, 1908 by
w. Murray Crane, Henry E. Warner
and James J. Storrow, Receivers here
tofore appointed In this cause, and up
on the petition of me Receivers that
decree should be entered authoriz-
ing them to sell at public auction all
the property and business of the
Arnold Print Works as therein set
forth and
1t appearing that all persons inter
ested have been duly notified in ac-
cordance with the directions of this
Court and no one appearing in apposi-
ton hereto it Is, upon motion of coun.
sci for the Receivers
ORDERED ADJUDGED and DE
CREED as follows
l. The Receivers are hereby au-
| thoTlzed and directed to offer for sale
and to sell at public auction at such
time as the Receivers may determine,
subject to the following order as to
publication and notice, at the County
Court House of Berkshire county in
the City of Pittsheld, Massachusetts,
and as one entire lot all the property
Of the Arnold Print Works including
all real estate and interests in real
estate both legal and equitable,
plants, buildings and water rights,
and all machinery, equipment, sup
plies, raw material, stock I'm process,
finished goods, patents, secret pro-
cesses, notes and accounts receivable,
contracts orders, shares Of stock and
other securities, good will and all
other personal property of the said
Company, and the business as going
concern under The name Arnold Print
Works carried on by the Receivers,
and all property and rights of every
nature real, personal or mixed, in the
hands or control Of the said Receivers
excepting, however, cash on hand
and cash deposits held for or claimed
by the Receivers.
2. Notice OF such proposed sale
shall be given to all persons interest
ed by publishing notice Of the time
and place and conditions OF such sale
and an attested copy of this decree
together with description of the real
estate to be sold once a week for al
least four (D weeks prior to such
sale in the North Adams Transcript q
newspaper published in the city OF
North Adams Massachusetts,, I'm the
Bennington Banner, a newspaper pub
lished in the City Of Bennington Yer
mont and by publishing notice Of the
time place and conditions OF such
sale and an attested copy of this order
once a week for at least four (4
weeks prior TO such sale in the Boston
Daily Advertiser a newspaper pub
lished IN the City OF Boston Massa
chusetts and In The Journal OF Com
merce a newspaper published in the
. City Of New York. New York, and by
mailing a copy hereof to all known
creditors Of the Arnold Print works
The Receivers may In their discretion
adjourn or postpone such sale from
time to time and without further
notice or advertisement may proceed
with such sale at the time to which 4
may have been adjourned.
3. Such sale shall be made subjec
TO the confirmation OF this Court anC
to the terms and conditions of Tilt
, decree. No bids shall be received a
said sale unless the bidder shall
prior to the opening Of the sale de
pOsit with the Receivers subject {,
the further order OF this Court casl
or a certified check payable TO the Re
ceivers or their order on some Nat
, ional Bank in the City of Boston or II
, The City OF New York to the amour
Of one HUNDRED thousand dollar
(Sl00.000j. Any such deposit mad
by an unsuccessful bidder shall be Re
turned to him by the Receivers at tn
close OF the sale, Such deposit mad
by the successful bidder shall be r.
tanned by the Receivers subject 4
the further order OF this court and
the sale shall not be confirmed sue
deposit shall be returned TO the do
I. positor II upon aud after confrms
ton of the sale by the Court the pul
> chaser shall fail TO pay the balance @
= the purchase price or In any respeC
. fail 10 comply with the terms and COZ
u ditIons OF the sale. or with any Orde
? OF the Court relative thereto. such d,
posit, unless the Court shall othel
; wise order. shall be forfeited by tn
depositor aud shall be retained by IN
I IN ia h A N
Print Works and the Receivers sha
thereafter be discharged OF all obi
J. cations to the deposition his repr,
e scntatiyes or assigns with referenC
U thereto but II the purchaser sha
y comply with all such terms and cond
. lions OF the sale and orders OF coul
u relative thereto such deposit sha
be credited as a part payment OF th
A purchase price upon final adjustmei
y with such purchaser. Any purchase
I, who may be entitled to receive an
a payments under any order OF distT
button which may be made in tn
cause shall be entitled TO have n
o. amounts of such payments applied q
Is account OF the purchase price In sue
6 manner as this Court may determir
B. upon confirmation OF the sale. III
d court reserves the right TO reject an
5. and all bids and authorizes the r
u ceiyors to make such other terms an
g conditions OF sale not inoonsistei
d herewith as In their discretion ms
o. seem wise and prudent
"a T. Said property shall be sold su
'e iect to any and all liens for unpa
tnXpg and assessments of every natul
and subject to all other charges liei