The Birmingham age-herald., 1912-12-26
LEGAL NOTICES
Legal Notice


 Bankrupt, in Bankruptcy. No. n.e5S.
 Pursuant to an order of the United states district court for the southern division of the northern district of Ala. bama, dated December T, 1912, and to ma directed, 1 will sell at public auction. at the Third avenue front door of the court house of Jefferson county, Alabama in the city of Birmingham, Ala, on the s1st day of January. 1913, at P o'clock noon on said day, all my right, title and in terest as trustee of the Southern Iron and Steel company. bankrupt, and all the right, title and interest of said South ern Iron and Steel company, and of the United States Mortgage and Trust com pany and John W. Platten as trustees, under the first and refunding mortgage of the said Southern Iron and Steel com 4any in the real estate. the leasehold m terests and easements in the real estate, if any, of said south ern Iron and Steel company in the petition for sale of the trustee in bank ruptcy mentioned and described, together with the buildings and all other struc- lures thereon, and the machinery, fix lures and equipment thereon and appur tenant thereto; also all of the company S patterns, drawings, machinery. tools. supplies, materials, raw, unfinished and partly finished, stores, consisnments, it's manufactured and partly manu-
 
 ject 10 the contracts of the trustee relating to the same, and his partially performed and wholly unperformed con- tracts, as well as all other property and assets of every kind and description of said the Southern Iron and Steel com pany and of said trustee in bankruptcy, real and personal, corporeal and incor- poreal, wheresoever situated (except only cash on hand and in bank, and in the mails upon day of sale. which cash is expressly exempted from said sale), to- gether with all stocks, bonds, patents, licenses, copyrights, trade marks and trade names insofar as the same are law fully transferable; all as more particu- larly set forth, stated and described in the petition hereinabove referred to, free and clear from the lien of said certain mortgage executed by the Southern Iron and Steel company under date of July 20 1909, to the United States Mortgage and Trust company and John w. Platten, as trustees; but subject to all other incum- brances thereon.
 Said property will be sold in lots as follows. to-wit: Said property will first be offered for sale in four lots, to-wit:
 Lot A-Comprising all real estate, buildings and fixtures annexed 10 realty, stocks, bonds, patents, patent rights, li- censes, easements, machinery, tools. sup plies, materials and other property. real, PelSOndl oF uuXeu, or every k1nQ ana description, except the real property set forth and described in parcels to 15, both inclusive, in the schedule attached to the petition of the trustee in bank ruptcy heretofore mentioned and filed November 10, 1912, heretofore by delivery or by writing of any kind for the pur- poses of said mortgage executed by the Southern Iron and Steel company to United States Mortgage and Trust com pany and John w. Platten, as trustees, dated July 20, 1909, conveyed, mortgaged, pledged, as assigned or transferred by said Southern Iron and Steel company or by any one on it's behalf to the said trustees, or to the corporate trustee, which, at the time of such sale, shall, as against the trustee of said bankrupt, be subject to the lien of such mortgage.
 Lot B-Comprising all the real estate, buildings and fixtures annexed to the realty, described and set forth in parcels to 15, both inclusive, in the schedule attached to the petition of the trustee in bankruptcy, heretofore mentioned, and filed November 15, 1912.
 Lot C-All personal property of the character and description specified in said mortgage of said Southern Iron and Steel company to United States Mortgage and Trust company and John w Pat ten, as trustee, dated July 20, 1902 as being covered by the lien thereof, ex- cept that included in Lot A, aforesaid.
 Lot D--Comprising all the balance of rthe property to be sold not included in Lots A, B and c, as set forth in parcel '19 annexed to the petition of the trus- tee in bankruptcy heretofore mentioned, and filed November 15, 1912, as the same shall exist in the hands of the trustee, or to which he shall be entitled on the opening of business on the day of sale.
 No bids will be accepted from any bid- Tot n vUb hal ha to or in excess of the sum of five hum dred thousand dollars.
 Bids will be received for said property as in said order of sale and hereinafter set forth. Immediately after said Lots A, B, and D shall have been offered for sale and bids received therefor, all the property constituting Lots A, B, c and D will be offered together as g single lot, and bids received therefor. The trustee will report all bids received to the court for confirmation or rejec- lion, and the court expressly reserves the power to confirm or reject any or all bids received. If the highest bid for all such property when offered together as a single lot or parcel shall exceed the aggregate of the highest bids received for said Lots A, B, c and D when offered separately as aforesaid then all such property will be struck off and sold to- gether as single lot or parcel to the purchaser making the highest bid there for, subject in every case to confirma- tion or rejection as provided in said or der
 A certified check for fifty thousand dollars must prior to the comm ence- 1nent of said sale, be deposited with the undersigned by any bidder for more than one of said parcels, or for the property IS an entirety. or. in lieu of such cer- tified check, four hundred thousand dol lars par value in bonds and coupons of the Southern Iron and Steel company may be deposited by a bidder for such parcels, or for the property as an en- tirety. certified check for twenty-five thousand dollars must, prior to the com mencement of said sale, be deposited with the trustee by any bidders for but one of such parcels, or, in lieu of such certi- fled check two hundred thousand dol lars par value in bonds and coupons of the Southern Iron and Steel company may be deposited by such bidder.
 The purchaser may make payment on account of his bid in outstanding bonds of the Southern Iron and Steel com. pany, secured by it's mortgage to the United States Mortgage and Trust com pany and John w. Platten, as trustees or in claims which shall have been duly proven against said bankrupt estate as in said order of sale provided The de posits made by all bidders shall be dis. posed of as provided in said order of sale.
 Said sale is to be made in accordance with the provisions of an order of sale entered in the above entitled proceedings on the 7th day of December, 1912. to the