New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-03-15
RECEIVERS SALES.

States for the Southern District u Kew YORK.
The Underground Electric Railways Company %
Lcndon Limited. Complainant. against Louis :.
oHsiey; as Executor Of the Last WIN and Tesla
Respon IsntsD Notice Is herb sivcn thaf mr.
suart 70 a decree e sale made in the above
entitled cause. bearing date tho end day OF
January lelO and entered in said cause. the
undersigned. the Receiver in said cause. will sell
at public auction. o. No. s8i Fifth Avenue. in
and state Of New York. on the premises to be
sold, on. IN, eleventh dsy Of April. 1910, at
eer. thu following real property by said decree
directed to be sold. and therein described as
=, All that certain piece or parcel OF land with
me building and improvements thereon erected
haitian ctg countH ana Sta State If Kew Yor
bounded I,I. and described as follows;
tersection Of tho easrerly side OF Fifth Avenue
with the southerly side Of 6sth street. running
hunde t saf e side 81 tsa h 4 " ,h
centre line Of the block between 6Sth and 67th
TIRE line ' of saj ba s ss' F5n 4oHS ana se e
three G5s) feet; thence northerly and parallel
.el inches 70 the southsFly line Of Gsth street !:
thence westerly along said southerly line o.
ssth Street one hundred and hfty three qSSl
premises being in sscton ) Bloes iss2. on The
Land Map Of the City ct New York
SAID sale will be made in the FOLLOW Ing man
The undersigned will first offer for sale sep
ises, and viii note the highest bid therefor:
Beginning a, . point In the essterlv side Of
erly from the Intersection OF the southerly side
Of Sixty-eighth street and the easterly side o.
Firth Avenue, and running thence souther.y
along the eastsrIv side Of Fifth Avenue forty
teet; thence eastery parallel With siXty-eisnth
allcI with Fifth Avenue forty feet. and thence
wTestsrly parallel with siXty. eighth street one
nue at the point Of beginning
The undersigned will next ofer for sale sep
arately the residue Of sail premises and VII!
note the highest bid therefor. The undersigned
will then offer for sale tire said real property as
an entirety and will note the highest bid there,
for. and the bids for the separate parcels VIII
only De received and noted ON condition that the
said real property shall subsequently be ofered
a an t,s bs sTcee4 IN egrSgat OF The
several highest bids therefor when offered for
sale IN said two parcels, then said real property
VIII be stricken off and sold az an entirety
highest bid received and noted for said real
property as an entirety shall not exceed IN
GELS when offered separately. then the severe.
parcels offered for sale will be stricken on
and sold 20 the highest biiders for the SEP
No bid viii be accepted tqr said real property
entirety less then the OF fourteen
hundred thousand dollars Isl. 900. nor for
either Of the parcels offered separately unless
separately shall be not less than said sum and
unless said s4m is bid the undersigned viii ad-
tcurn the sale ar3 apply TO The court for further
instructions. No bid will be received from any
one Offering - bid who shall not, prior 70 the
onerins of such property for SALE. deposit With
the undersigned or deliver 70 the undersigned as
. pledge that such bidder viii make good his
old IN tnt eye,t o. It's acceptanca eltn5r IN Cash
OF certified check On some bank or trust com
Tsry in the Borough Of Manhattan in the city
The case of SAID parcel 20 he hrst cHsred leF
. sale, the sum OF $40 0o1: in tho case OF the
residue Of sail real property the sum Of 500
tDo; and in the case of said real property as
an entirety the sum Of $4,000
-ae deposit made BY any bidder FOR q sep
aT:.-e parcel may so far as appicabIe bs ap-
piled on account Of The deposit 20 be made by
aim or bidding tor said two parcels when offered
70! SAFE - ~ entirety ANY deposit 50 re-
reireu from an unsuccessful bidder will be re
turned 70 him and the deposit received from
! any successful bidder viii 5e applied on account
OF the purchase price OF the property sold 20
him IN case any bidder shall fail. after accsrt-
a1ce Of his DID by the undersigned. u comfy
with any order OF the Court relating the
payment thereof or the contamination OF The
purchase. tho sums deposited by such purchaser
or purchasers will Ne forfeited a penalty for
such failure and viii be applied 10 the payment
IF the expenses of the resale and toward max
ing good anv 1eAcienc,- or loss in case the rrop-
cry shall he sold at less price on such resale
The sale ~ said real proper;y vii be made
free from incumbrances. and any incumbrances
a. the time nt sale on any thereof so sold VIII
DO paid cut OF the purchase price.
The purchaser shall the confirmation Of
'Ne sale by the Court, pay the residue OF the
purchase price in cash aud within thirty davs
after such confirmation, at such place in the
CITY 90 New York and al such time as the Court
srca sale shall rot be confirmed by the Court,
- as !rc -,,rsbes,r slaT fail or omit 10 maze
o. the purchase price in accordance with the
requirements ~ 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 ~ea
property and payment Of the purchase price
. the undersigned Will execute 4 deed deeds
and other proper instruments conv eying and
transferring such property purchased to the rtlr-
chaser or purchasers. his or their successors OF
assigns. in fee sim7le: and upon the execution
and delivery Of such deed deeds the grantee
/ or grantees therein named will be Iet into tn
possession NJ the premises so conveyed. and tn
/ undersigned ard any party 10 said cause hay
/ ing possession OF same viii deliver sucf
property over TO the purchaser OF purchasers. hi;
OF their successors or assigns and such pur.
chaser or purchasers. his Or their successors
~ assigns shall he entitled To hold. possess anc
enjoy the same free and discharged from a.
claims and rights Of all parties 10 this sui
and those claiming under them. For furtha
+ particulars reference is nlnde 70 said decree.
+ Dated New York. March 9Th. 1910.
CHARLES <. EJRLINtiHAN
Receiver.
J 2 COTTON. Jr..
Solicitor for Receiver,
ErnadL-aV