New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-03-05
RECEIVERS SALES.

The Underground Electric Railways Company or
London. Limited. Complainant against IP 2Ts+a
Owsiey. as Executor of the Last VIII and ISL.
ment Of Charles T. YeTkes. deceased ana olnei -
OBSERVATION-DISCLOSURES is hereby given tnat pura
suant to decree of sale made IN the do"E :
entitled cause. bearing date the 2-nd Gay 90. oa
January. 1910, and entered in said cause. ItfS
at public auction at No S64 Fifth Avenue IN
the Borough Of Manhattan. in the city. County, y
sold. on the eleventh day of April, l9Io at
twelve o'clock noon by Joseph P pay, decIae
eer, the following real property pE sdIu us- &c
directed TO be sold. and therein descII0eu DO
| follows: LIT,
the building and improvements thereon erected
situate. lying and being in the Borough OF Mah-
haitian. City, County and state OF Ne" 1o'N'
bounded and described SIS follows;
BEGINNING at the corner formed by the IN
with the southerly side of 6sth Street running
thence along the easterly side OF tlth AVei. mug
centre line Of the block between 6sth and 9Th
Streets: running thence easterly along the cen
ire line of said block one hundred ana my ny;
three q53) feet thence northeriy and para a,e
with Fifth Avenue hundred do0l feet five
10 inches to the southerIy line of 6sth street ;
thence westerly along said soUtherty me OF
6Sth Street one hundred and ffty-three q55l
feet to the point or place of beginning Said
premises being in Section 5, Block 13o2' on the
Land Map of the City of New York
Said sale viii be made in the following man
The undersigned will first offer for sale sep
arately the following parcel. part OF SAD prem
Beginning at a point in the easterly side OF
Fifth Avenue distant sixty feet five inches south
eriy from the intersection of the southerly side
OF Sixty-eighth street and the easteriy side Of
along the assterfv side Of Fifth Avenue forty
feet thence easterly parallel with Sixty-eighth
Street hundred feet; thence northeriy par
aIIel with Fifth Avenue forty feet and thence
westerly parallel with Sixty-eighth Street one
hundred feet 70 the easterly side OF Fifth Ave
1ue at the point of beginning.
arately the residue Of said premises and WI!
note the highest bid therefor. The undersigned
will he off, cola ito coli F9Tn
an entirety and will note the highest bid there
for, and the bids for the separate parcels VIII
only be received and noted on condition that the
SAID real property shall subsequently be oiieren
for sale entirety If the highest bid for
as an entirety shall exceed the aggregate of the
several highest bids therefor when offered for
Will be stricken of and sold as an entirety
to the highest bidder therefor. If, however, the
highest bid received and noted Tor said FeaI
amount the several highest bids for such par,
parcels offered for sale viii be stricken off
and sold to the highest bidders for the SEP
arate parcels.
No bid will be accepted for said real property
entirety less than the sum of fourteen
hundred thousand dollars s1,4Oo,o 900, nor for
either Of the parcels offered separately unless
the aggregate bids for said two parcels offered
separately shall be not less than said sum- and
unless said sum is bid the undersigned Will ad-
joUrn the sale and apply to the court for further
Instructions. No bid will be received from any
ore offering to bid who shall not prior to the
offering Of such property for sale, deposit with
the undersigned or deliver to the undersigned
a pledge that such bidder will make good his
bid in the event Of its acceptance either in cash
a certified check on some bank or trust COM
panv in the Borough Of Manhattan IN the City
Of New York satisfactory 10 the undersigned: in
the of said parcel to be first offered for
sale the sum Of $40 coo; in the case Of the
residue of said real property the sum OF S100-
coo, and in the case of said real property as
an entirety the sum of $40, 600
The deposit made by any bidder for a sep
Tie1 on of +h denos3t 10 lie made bv
frr ls-,rr Gai two
for sale entirety. ANY deposit so re-
ceived from unsuccessful bidder viii be re
turned to him and the deposit received from
any successful bidder will be applied on account
Of the purchase price of the property sold TO
ai!ce OF MS pa bv the Undersigned. 70 coilpiS
with any order of the Court relating 10 the
purchase. the sums deposited by such purchaser
or purchasers will be forfeited as a penalty for
such failure and will be applied to the payment
Of the expenses Of the resale and toward max
ing good any deficiency loss in case the prop
The sale Of said real property Will be made
free from incumbTances. and any membranes n.,5
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 confrra ton. at such place in the
City of New York and at such time as the Court
such sale shall not be confirmed by the Court,
sGch deposit will be returned to the bidder
In case the purchaser shall fail omit to make
any payment 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 such notice as
the Court may direct.
Upon confirmation Of the sale of said real
property and payment OF the purchase price,
the undersigned will execute q deed or deeds
and other proper Instruments conveying and
transferring such property purchased to the pur-
chaser or purchasers, his or their successors or
assigns. IN fee simple; and upon the execution
snd delivery Of such deed or deeds the grantee
or grantees therein named will be let into the
possession of the premises so conveyed, and the
and any party to said cause hav-
ing possession OF same will deliver such
property over To the purchaser or purchasers. his
or their successors or assigns and such pur-
chaser or purchasers. his their successors
or assigns shall be entitled to hold. possess and
enjoy the same free and discharged from ali
claims and rights of all parties 10 this suit
and those claiming under them For further
particulars reference is made to said decree.
Dated New York. March 4th. 1910.
CHARLES c BURLINGHAM
Receiver.
J. P COTTON. IT.