New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-28
MASTERS SALE,


the psrticular property for pal u las pn.-
chase prlce OF which such Receivers NefuII-
cafes bonds OF coupons are rendered. 70 tho
Same extent as II said safes were ulauc 81
Ash 10 the holder or holders OF SAID he-
c.ivers' Certificates, bonds or coupons LOT
his or their just share or propofuoh, III . a
character Of such net proceeds upon ,t,,to, 49,
accounting. apporroninent anu uisu'D1'''A
OF such net proceeds.
The Special Master may, In MS discretion
acoept Temporarily instead OF the c actual &c
bonds and coupons. the certificate or any
Trust Company satisfactory TO him that X
holds said Receivers certificates. bonds, and
coupons, subject 20 the order OF said Special
Master and will deliver them 70 him on de-
mand for cancellation or other disposition.
Tie said Circuit Court reserves the right to
reject any bid or bids and retake and resell
any OF the property purchased. upon the fail-
ure OF any purchaser to comply with the
terms Of Sale or with any order OF the Cogrt
requiring payment. within thirty days AFTER
the entry OF ruch order In respect thereto.
r. II is stated In said decree as follows:
made b BY '' the BsiIston Spa Light 4 Power
Company to Horace e Mcknight and Rob-
ert NJ. Medbery. as Trustees. are in no wise
affected by this Decree"
and also that
the deed from the Hudson River Electric
Company TO the Hudson VALLEY Raj
Company. dated August -. 1904. and re-
corded in the office Of the Clerk OF sara
tooEa County on August q. 1904. in LIber
affected BY this decree"
Tho sales Of tho shares OF stock OF the En-
pire State Power Company made hereunder.
are made subject to the final determination
OF the limited Intervention proceedings here
tdfore Instituted in said cause by Eugene
L. Ashley in respect thereof.
Bids for the respective properties when
sold hereunder must provide for payment
or payments in cash OF such sum or sums as
the said Circuit Court may deem sufficient
10 meet the payments required 10 be made In
all subdivisions (a) and (b) OF Article XIX.
OF said Decree and in the event Of the in
sufncency OF the respective proceeds OF sale
~ fine separnts properties In said decree d.
rected 20 be sold 10 pay In full the respective
amounts in said decree directed to be paid
out OF such proceeds for the purposes SCI
forth In all Of said subdivisions 'a) ana lbl
Of Sid Article XIX. OF said decree, the said
Circuit Court reserves the right from time 10
time TO require the payment OF suoh r.
sroctive deficiency by the respective pnr-
cbaeerg under said decree. In the event CT
.bc failure or refusal Of any such pur-
chaser 10 nav such respective amounts so re-
ou!red 70 be paid. within tnry looI ua sb
after the entry n the order requII ns -
ravrnent, the said Circuit Court reserves mo
rigbt 70 retake and resell the particular
nropertv sold under raid decree upon WhIcn
such deficiency arises and 20 Apply w NJ
,-ocsads ~ such resale 70 the payment u
me deficiency with which such respecuVs
rurchas nrs nre chargeable, rennerins uh-o
such purchaser the surplus, II any; bu Ish ~
such purchaser VIII pc p sIsoIs.S or any
mart thereof and the said remedy IN sa-.
decree provided for enforcing the payineniS,
OF such deficiency against such purchaser VIII
he exclusive ~ all other remedles. -,,
Tho said decree rrovides in Article Nhhil.
thereof. that the properties hereby oiieIed - -
sale shall be sufficiently descrlDed ~ us
notice Of sale II described suostahtiaIEG 80
follows. and they are now go descriDeu' ."
wit. - r,,. vr-,+.-
Ca) In respect Of the Hudson River Ma.sr
Power Company: The dam, po"sI nou s
therein
tained and appurtenant thereto sltutIs AZ
or near Spier Falls. on the HUDSON f.lE+I'
IN the counties Of Warren ana "a a,u s
state OF New York and also al ana slnsI-
- tbo lands ber.ditquents buildings. water
rights systens interest, easements. usn.si;
privileges franchises. licenses shaIes az.
bonds ures and property more speclIca.y
,,.,tionad ar referred 10 In said Article 6AFi.
~ said decree under and pursuant 10 wn!gH
said sale is 10 he had. In said Article ~ ~ :,
OF said decree he aforesaid Two paii. a..
the said properties arc eepala'''
N, In rasp.ct Of the Hudson River Elec-
trio Company: All the lanes. he sias ,s,tsr
buildings, sub-ststions, pole INES 49,,
rights avsternH interests. easements risn,s'
privileges franchises licenses, snares u1n. .
notes and chooses In action. lines ana pIopss -,
more specifically mentioned or reierred 70
IN A-,icle XVII Of the said decree, under
and pursuant 20 which said sale Is 70 20
"T CO.. IN respect OF the Hudson River Elee.
t-ic Power Company: The steam power
electric generating plant situated IN o, s
City of Lr1a. He ns-.o 1yH tights and fran
ehises and shnrss OF stock. OF every kind,
nature and description, and wheresoe,ver
situated; and also al me hnqs' ~ r ,gbts
s,stsns Interests easements rights. privi-
IegAs franchises. licenses. shares oon1s;;
notes and chooses IN acton. an or re-
farred 10 IN Article XVIII Of said decree,
under and pursuant 20 which said sale IS 20
NJ rad In said Article xvii OF sara
SsorAA the Aforesaid properties as divided
into said three parcels, are separately as
"a, IN -espect ~ the Hudson River Power
Transmission Company: The electric gen
Grating plant situated AZ or near Aeenanic.
vile. in the County Of Saratoga state OF
Mew 5grs. s5s eau,pr,rnt' and also I've
pole lines. transmission lines. wires con
QUITS rights ~ way: ana all me prop"r,y,
real and pers,nal. rights. privileges ana
,rs-chise- AZ ever. kind nature and de-
scription ann wheresover situated more speci-
fically mentioned or referred 70 ~ ar,ic !s
which said sale II 70 be had. The atoI esod
properties OF tire Hudson River Power Irsnt-
missicn Company are 70 ne s'lu ss"Js..
the mortgage heretofore made. and now Z
len thereon. by the Hudson River rover
Transr ission Company 70 The Meisa we
Trust Company dated harcn i Snoc NC ss'o, -
zsiue 81 rrirciral OF herds. all or which srs
now issued and outstanding. ri
Al \
.-,c riebt q Power Company. The real 80.
fate and generating plant together WIN al
the machinery. fixtures equipment ana ap
purtsnanoes thereof ana there' So,,n,t New
York. and also all the other properly: rear
and personal lands buildings, machinery
naive role lines wires. tools, fixtures.
ri@S,q r-iyllegas. contracts franchises and
ir,r,,irities OF every kind, nature ana 1e-
scrlptlon and wheresoever situated. more
specifically mentioned or referred 70 IN ~
md
sna-t 70 which said sale IL N be had.
~ IN rsspact Of the Madison County Gas
plant and the electric generating plant, TO-
gAthsr with all the machinery, fixtures.
Equipment and appurtenanoes tHereot anI
.borato s.,ua sed in the City II Oneida ana
., tbe village II Canastota. Madison County.
New York and all the property. real ana
personal buildings. n1achinery. mains, po!e
fines wires tools. fixtures, rights. priyi-
isgAs contracts franchises and inmuniuey
~ every kind nature and description, and
wheresoever situated, more specircally mem
TONED and referred 70 IN Artlcie NM. OF
the said decree under and pursuant 70 winch
% YoTrrr IS FURTHER GIVEN that the
s g6ing OF siEaIvision ~ Of this notice men
toned and described. being the properties OF
the Madison COUNTY cas- al. ~ ,,,,,s,
1QIf A. eleven q clock IN the forenoon or
that dav az the main entrance OF the county
Court House In NampsNhe manson Cguh,y'
state of New York upon the terms ana con
dltio1s IN sad decree provided and IN this
notice SGT forth so far as applicable thereto.
ThA safi property - The Madison County
cos q rledfric COMPANY will be offered
for sale in one Parcel as an entirety ana
bids invited therefor At not less than the
-,fni-n,lrn sum OF si00 O00. % bid will be
raoeivad from anv bidder FOR said property
who shall NOT first deposit with the Special
Master tho sim NJ $500
" Al---rNT10N IS DIRECTED 70 said DECREE
-,rder which all the afcresaid properties are %
be sid and to which reference NAV be had FOR
a moro specific description of the properties
ia -rba said decrsa iv dated July i3 1911.
and Is filed in the office Of the Clerk on me
tinted states Circuit Court for the Northern
District % New York. az Utica, y Y, ana
corias hereof NAV be Inspected AZ the office
OF the special Master IN Binghamton. Y Y.
or At the office Of the Receivers. IN the 'iiY