New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-04-02
RECEIVERS SALES.

States for the southsr, District OF New York
The Underground Electric Railways COMPANY O
London Limited Complainant. against Louis ,.
Owsley. as Executor OF the Last W III ahd Aesta-
ment of Charles T. YeTkes deceased, and others
suant 10 a decree OF sale made in the above
entitled cause, bearing date The 22nd day o,
undersigned the Receiver IN said cause, viii sell
at public auction, at No. s64 Fifth Avenue IA
sold, the eleventh dey OF April, IsIU. al
eer. the following real property by said decree
directed 20 be sold, and therein cescTlo7u as
All that certain piece or parcel OF land With
the building and Improvements thereon eTe S5or
baaB yng sR o beng ps u see oP Kew YORK
bounded and described as follows;
tersection Of the easteriy aide Of Fifth Ayenee
with the southeriy side Of esth Street; running
thence along the easteriy SIDE OF FIN a. me
centre line Of the block between esth and Sitn
Streets: running thence easteriy along the een-
ire line of said block one hundred ana MY
three 053) feet; thence northerly anc parallel
with Fifth Avenue one hundred (lool feet I'VE
90 inches TO the southeTiy line Of esth street:
esth Street one hundred and ffty-three gSs 2
feet 70 the point or place OF beginning S 81
premises being IN Section 5. Block 1882. on the
Land Map OF the City Of New York
Sai2 sale viii be made IN the following man
The undersigned will first offer for sale sep
arateiy the following parcel. part Of said prem
Uses. and will note the highest bid therefor:
Beginning at point in the easterly side or
Fifth Avenue distant sixty feet five inches south
erly from the intersection OF the southerly side
OF Slzty-eighth Street and the easGerly sl'4e OF
Fifth Avenue, and running thence soutner.y
feet; thence easterly parallel with Sfxty-elsnlh
aiiel with Fifth Avenue forty feet. and thence
westerly parallel with Sixty-eigh.h street one
nue at the point Of beginning.
The undersigned viii next offer for SAFE Sep
arateIy the residue Of said premises and VIII
viii then offer for sale ire said real property as
an entirety and VIII note the highest 1a Iii
only be received and noted on condition tnaI Lns
said real properly shan subsequently De 9eF 80
the said real property when offered for sale
as an entirety shall exceed the aggregate OF the
several highest bids therefor when offered for
sale in said two parcels then said real property
viii be stricken of and sold as an entlrs t
to the highest bidder therefor II, however, the
highest bid received and noted for said real
property as an entirety shall not exceed N
amount the several highest bids for such par
GELS when offered separately. then the seVera.
parcels offered for sale will be stricEen on
and sold 70 the highest bidders for the SET
No BID will be accepted Tor said real property
either Of the parcels offered separately unless
separately shall be not less than said sum. and
unless said is bid the undersigned will ad-
Instructions No bid wilI be received from any
one offering TO bid who shall not, prior 10 the
the undersigned or deliver 70 the undersigned as
a pledge that such bidder will make good his
or certified check on some bank or trust COLI .
pany in the Borough q Manhattan IN the city
OF NeW foFK sasLacrory 70 ee t offered for
sale. the Of $40 600; in the case OF the
residue Of said real property the sum OF sloo;.
600; and in the case OF said real properly as
entirety the OF $4,000.
The deposit made b. any bidder for a sep
arate parcel may so Iar as epplicapie De aP-
piled on account of the deposit TO De made oy
him on bidding for said two parcels when offered
ceived from an unsuccessful bidder viii be re-
turned to him and the deposit so received from
any successful bidder Will be applied on account
OF the purchase price OF the property sold TO
hiTl. II case any bidder shall fail. after accept
ance OF his bid by the undersigned: 70 comply
with any order OF the Court relating TO the
payment thereof the cOnsummation OF the
purchase the sums deposited by such purchaser
or purchasers will be forfeited as a penalty for
such failure and viii be applied TO the payment
Of the expenses of the resale and toward max
ing good any deficiency loss in case the prop
erry shall be sold at a Iess price on such resale
free from membranes. and any membranes
at the time OF sale On any thereof so sold will
be paid out Of the purchase price.
The purchaser shall. on the confirmation OF
the sale by the Court. pay the residue Of the
purchase price in cash and within thirty DAYS
after such confirmation, a such place in the
City Of New York and at such time as the Court
sc s al ' ssa ot Be conared By the Court
such deposit win be returned 10 the bidder
IN case the purchaser shall fail or omit to make
any uayrnent on account Of the unpaid balance
OF the purchase price in accordance with the
requirements OF any 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 a deed or deeds
and other proper instruments conveying and
transferring such property purchased 10 the pur-
chaser or purchasers, his or their successors or
assigns. in fee simple: and upon the execution
and delivery OF such deed or deeds the grantee
or grantees therein med viii Re let into the
possession Of the premises ed, and the
Undersigned and any party to said cause hav-
ing possession of same VIII deliver such
prOpertv over 10 the purchaser or purchasers his
or their successors OF assigns. and such pur-
chaser purchasers. his or their successors
or assigns shall be entitled to hold. possess and
enjoy the same free and discharged from all
claims and rights OF ell parties to this suit
and those claiming under them For further
particulars reference IS made % said decree.
Dated New York. March Attn. 1910
CHARLES c. BCRLIS CHAM,
Receiver.
! = COTTON. sr,
Solicitor for Receiver.
-GI Broadway.