New-York tribune., 1910-03-08

/ IN THE CIRCUIT COURT OF THE UNITED
The Underground Electric Railways Company OF
London. Limited. Complainant. against Louis s.
Owsley. as Executor OF the Last VIII and Testa-
ment OF Charles T. Yerkes deceased and others
Respondents Notice is hereby given that pur-
suant to decree OF sale made in the above
entitled cause, bearing date the 22nd day Of
January 1910. and entered in said cause the
undersigned the Receiver in said cause viii sell
at public auction. No ssi Fifth Avenue In
/ the Borough of Manhattan. in the City County
and state OF New YORK. on the premises to be
sold. the eleventh day Of April. isl6. at
tweiVe CLOCK noon by Joseph p. Day, auction
follows:
All that certain piece or parcel OF land with
situate lying and being in the Borough OF Man
/ haitian. City. County and State Of New York
/ bounded and described as follows:
BEGINNING az the corner formed by the in
with the southerly side Of 6Sth street: running
thence along the easterly side OF Fifth Avenue
one hundred Qoo feet five 90 inches to the
Streets; running thence easterly along the cen
/ ire line OF said block one hundred and fifty
/ three Da3) feet; thence noTtherly and parallel
with Fifth Avenue hundred G0N feet five
(9l inches to the southerIy line of esth Street;
6sth Street one hundred and fifty-three d5sI
feet to the point OF place Of beginning said
| Land Map Of the city of New York.
said sale will be made in the following man
uer:
| The undersigned will first offer for sale sep
arateIy the following parcel. part OF said prem
tifth Avenue distant sixty feet five inches south
erly from the Intersection of the sOutherly side
or SiXty-eighth street and the easterly side OF
/ Firth Avenue and running thence sOutterly
along the easterly side OF Fifth Avenue forty
teet; thence easterly parallel with sixty eighth
Street one hundred feet: thence nOrtherly par
westerly parallel with sixty-eshth Street one
hundred feet 10 the easterly side Of Fifth Ave
nue. at the point Of beginning.
The undersigned Will next offer for sale sep
arately the residue OF said premises and Will
% n9Is Jhe highest bld therefor. Ine undeTsigIect Z
WllI then offer for sale the said real property as
an entirety and will note the highest bid there
III III ana me oids Tor the separate parcels VII
ohiy De received and noted on condition that the
said real property shall subsequently, be offered
for sale as an entirety. If the highest bid for
entirety shall exceed the aggregate OF the
several highest bids therefor when offered for
will be stricken off and sold entirety
70 the highest bidder therefor II. however. the
property as an entirety shall not exceed in
amount the several highest bids for such par
cells when offered separately, then the several
parcels offered for sale will be stricken of
and sold TO the highest bidders for the sep
No bid viii be accepted for said real property
as an entirety less than the sum OF fourteen
hundred thousand dollars 81. 400. .O0O). nor for
either Of the parcels offered separately unless
the aggregate bids for said two parcels offered
separately shall Re not less than said sum. and
unless said sum fs bid the undersigned viii ad-
instructions No bid win be received from any
one offering TO bid who shall not, prior TO the
the understgned or deliver to the UNDERSIGNED as
pledge that such bidder wtlt make good his
bid in the event of it's acceptance. either in cash
or n certified check on some bank or trust COM
pany in the Borough OF Manhattan in the CITY
OF New York satisfactory to the undersigned; in
the case OF said parcel 70 be first offered for
residue Of said real property the sum OF S1oo.-
coo; and in the case Of SAID @ d. real property as
The deposit made by any bidder for a sep
arate parcel may so far a. applicable be ap-
him on bidding for said two parcels when offered
for sale as an entirety. ANY deposit 50 re-
! turned TO him and the deposit received from
any successful bidder will be applied account
him. In case any bidder shall fail after accept
ance Of his bid by the undersigned. to comply
payment thereof or the consumnation Of the
| purchase, the deposited by such purchaser
such failure and viii be applied to the payment
of the expenses Of the resale and toward max
erty shall be sold at less price such resale
\The sale OF said real property Will be made
ar the time OF sale on any thereof SO sold will
be paid out OF the purchase price
The purchaser shall. on the confirmation Of
purchase price in cash and within thirty days
AFTER such ConnrnnaI1o at sven place In the
city OF New York and at such time as the Cour
may in the order Of confirmation direct II
such sale shall not he confirmed by the Court.
such deposit will be returned to the bidder
In case the purchaser shall fail omit 70 make
any payment on account OF the unpaid balance
Of the purchase price in accordance with the
requirements of anv order for such payment,
the property may be re-sold on such notice as
/ the Court may direct
Upon confirmation Of the sale Of said real
property and payment OF the purchase price.
/ the undersigned VIII execute deed or deeds
I and other proper instruments conveying and
transferring such property purchased TO the pur-
chaser or purchasers. his their successors or
assigns in fee simple. and upOn the execution
and delivery Of such deed deeds the grantee
or grantees therein named will be let into the
possession OF the premises so conveyed. snd the
undersigned and any party 70 said cause hav-
ing possession OF same VIII deliver such
property 10 the purchaser or purchasers, his
or their successors assigns. and such pur-
chaser purchasers. his or their successors
or assigns shall be entitled 10 hold possess and
enjoy the same free and discharged from all
claims and rights Of ALI parties to this suit
and those claiming under them For further
particulars reference Is made to said decree.
Dated. New York March 4th ia10
CHARLES C. BURLLNC;HAM.
corrox ,. Receiver
Solicitor for Receiver.
165 Broadway.
New York City.
IN THE CIRCUIT COURT OF THE UNITED