New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-03-29
RECEIVERS SALES.


IN THE CIRCUIT COURT OF THE UNITED
States for the southern District New York.
The Underground Electric Railways Company OF
London. Limited, Complainant against Louis 5.
pNsley: as Executor OF the Last WIN ard Testa-
Respondents. Notice is hei eby given that pur-
suant 70 a decree CT sale made In the above
entitled cause. bearing date tn end day OF
January. 1910. and entered in said cause. the
undersigned, the Receiver IN said cause. will sell
a. PUBIC auction az No. So Fltth avenue. IN
the Borough OF Manhattan. in the city, county
and state Of New York. en- the premises 70 be
,i on the e,eNenth daS 81 APRIL lslU. a.
eer, the following real proLsrt by said decree
directed % be sold. and therein described as
All that certain piece parcel Of Iand with
situate. Wing and being in the Borough OF Man
haitian. city, County and State of New York.
bounded ami described as follows:
BEtlNNINGi at the corner formed by the IN
tersection % the easterIy side of Fifth Avenue
With the southerly side Of 6sth street running
one hundred CioO, feet i've %, inches 10 the
centre line o. the block between esth and 6Ith
streets, running thence sasterly alons the cen
ire line OF said block one hundred ann nfty-
un i,I los feet; thence northsry ana paTaileI
, UVith Fifth Avenue one hundred tl00l feet i've
20 inches 10 the southeTly line Of 6sth street .
thence westerly along said solthsriy hne OF
ssth Street one hundred and hfty-three l5Sl
/ feet to the point or place OF besinnins said
PREMISES i BENG 10 section ) Block l5s-' on 'ne
Land Map OF the City OF New York
ner:
The undersigned will first offer for sale sep
afately the following parcel, part of said prem
ises and viii note the highest bid therefor:
Sesinnins az point In the eastery SIDE or
Fifth Avenue distant sixty feet i've inches south
cry from the intersection OF the sOutherly side
o. StXty-eighth street and the easterly side OF
Fifth Avenue, and running thence southery
along the easteTly side Of Fifth Avenue forty
feet: thence easterIy parallel with sixty eighth
Street one hundred feet; thence northerIy par
alle! with Fifth Avenue forty feet. AID thence
hundred feet to the easterly s!.s OF Fifth Ave
nue. at the point OF beginning
The undersigned Will usXt offer for sale sep
I a
note the highest bid therefor. The undersigned
will then offer for sale ire said real property
Tor and the bids for the separate parcels will
said real property shall subsequently be offered
Tor sale as an entirety. If TIRE highest bid for
az res SrGpeI,y when onersa aoI =, s ,s
several highest bids therefor when offered for
sale in said two parcels. then said real property
viii be stricken of and sold entirety
70 the highest bidder therefor H. however, the
highest hid received ana noted for said real
amount the several highest bids for such par
cells when offered separately. then The several
ana sold 20 the highest bidders FOR the ser
No bid will be accepted for said real property
az an entirety less than the sum Of fourteen
hundred thousand dollars Isl 900 O0O. for
the aEsreEate bids for said two parcels offered
separately shall he NOT less than said sum. and
toUrn the sale and apply TO the court for further
instructions. No bid viii he receiN ed from any
I
Offering Of such property for sale. deposit with
the undersigned or deliver - the undersigned as
a pledge that such bidder will make good his
bid In the event Of its acceptance. either in cash
sr certified check on some bank or trust com
pany in the Borough n Manhattan in the city
Or New York satisfactory 70 the undersigned: In
the case or said parcel 70 be hrst oreref Tor
residue Of said real Propsrty the sum ~ 500.
'H". ana IN the case Of said real property a.
The deposit mad. hv anv bidder for sep
arats parcel may 60 far IS applicable be sp-
bin N hiding for said two parcels when offered
/ for sale as an entirety, ANY deposit en- re
$500 -. 80 az ~ - uiiI-I -
'nFEed 70 nun Avn the deposit 81 received 'rorl
any successful bidder viii be applied account
o. the purchase rtics ~ tha property sold 20
him In case any bidder shall fail. after accept
sncs Of his bid b. the undersigned. to comply
MIL any order. OF the CouI, relating - me
purchase ne sums deposited by such purchaser
such failure and will be applied 70 the payment
! 81 the expenses OF the re sale and toward max
ing good any deficiency or loss in case the prop
cry shall De sold az less price on such resale
The sale OF said real property will be made
free from incumhrances, anJ any membranes
81 the time 81 sale thereof sold will
be paid out Of the purchase price
The purchaser shall, on the confirmation n
the sale nv THE Court, paw the residue ~ the
purchase price IN cash and within thirty DAYS
sfter such confirmation. az such place in the
may. IN the order Of confirmation. direct It
such sale shall not be confirmed by the Court,
such deposit will ne returned 10 the bidder.
I Nv case the purchaser shall fail or omit make
any payment account OF the unpaid balance
81 the purchase price in accordance with the
requirements OF order for such payment.
/ the property may be re-solt on such notice as
| the Court may direct
/ Upon confirmation Of the sale ~ 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 TO the pur-
chaser purchasers HIS or their successors or
assigns. IN fee simple. anc upOn the execution
anG delivery Of such deed deeds the granted
or grantees therein named will tA let into the
I possession n.
undersigned ana any party % said cause hav
I ing possession of same Will deliver such
property over the purchaser or purchasers. his
or their successors or assigns and such pur-
chaser purchasers his their SUCCESSORS
or assigns shall be entitled To hold. rossess and
enjoy the same free and discharged from all
claims ard rights ~ all parties n this suit
and these claiming under them. For further
particulars reference Is made % said decree.
Dated. New York. March +th. 1910
CHARLES Q. BUCKINGHAM
Receiver.
| J. = COTTON -
Solicitor for Receiver.
ls5 Brcadway.
New York City,