Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1913-05-02
LEGAL NOTICES.


IN THE UNITED STATES DISTRICT
COURT for the District OF New Jersey
Joseph Goetz. as trustee. etc. against Johann
Hon. a corporations Otto 3. May. receiver
ana Hncilafy receiver. and Wilbur A. Heis-
ley. anefliary receiver Of the said Johann
Hor, and Columbia Knickerbocker Trust
Foreclosure Cause in Equity
Notice OF Sale.
Notice Is hereby given that pursuant to
ure cause in equity. dated April II, 1913, ana
duly entered and nlsd in the ONCE Of the
clerk Of the United States District Court for
Jersey, On April Il. 1888. |. the undersigned
Special Master appointed in and BY said
decree to make he sale hereinafter mem
toned. win. on the 22d day Of May. 1913,
at II o'clock in the forenoon OF that day,
at the main entrance Of the County Court
Essex and STATE OF New Jersey. osfer for sale
and sell at public auction to the highest bid
der OF bidders therefor, upon the terms ana
conditions prescribed In said decree and upon
the terms and conditions herein set forth
the property and premises. real. personal and
mixed. rights. privileges and franchises here
fully described, to Wit: Mortgage made by
Johann Hof TO Joseph Goetz as trustee.
da ted March II. 1894. securing an authorized
issue Of s125 600 of bonds; mortgage made by
Johann Hoff to BENJAMIN Bieier, as trustee.
dated October l. 1896. securing authorized
issue Of 1916 600 of bonds.
The property hereby noticed for sale will
be sold subject to all taxes and assessments
and other public charges chargeabie thereon.
prior to the lien Of the aforesaid mortgages
on said property. statement Of the APP
proximate amounts and general character OF
said prior liens or encumbrances will be
II shall be a condition of the sale Of the
property described herein and hereby offered
for sale that ne purchaser or purchaser rel Users
sale and In addition TO the price bid. assume
and pay all sums if any. required to pay
and discharge any and all claims that shall
be finally determined upon Intervention filed
by any creditor other than a bondhoider
Of said Johann Hoh. TO have lien superior
cages dated March u. 1894. and October l,
1895 respectively. provided. however. that
such claim Or claims shall be asserted o by
otherwise such claims not so asserted shall
be barred from participation in the benefits
in said decree provided.
Any parf to said foreclosure cause or any
holder of any Of the bonds or coupons
cured by any OF the mortgages hereinbefore
may hold the property purchased in his. its
or their own right, free from any trust or
right of redemption
bidder upon the conditions in said decree
set forth and upon the following terms and
conditions:
Cal The property in said decree directed 10
be sold shall be offered sn one parcel and bids
invited therefor.
bidder for said property who shall not have
first deposited with the Special Master the
sum Of So 600.
fc) The deposit TO qualify bidders as here
inbefore provided may be either in cash or by
a check or checks certified by a National or
State bank or trust company. situated in the
sylvania.
such cash or checks so deposited by any
BIDDER VIII be held as a pledge that such
said District Court. The cash and checks
so deposited except those deposited by any
VIII b 0a ss be e s
ter st the conclusion Of the sale to the
bidder or bidders from whom they were re
by any bidder bidders whose bid shall be
Professionally accepted. as provided in said
decree. VIII be returned by the Special Mas
were received. II such provisional acceptance
shall thereafter not be confirmed by said
District Court. The cash or checks de-
posted by any bidder in order 10 qualify
him to bid at said sale will be forfeited and
applied TO the expense Of said sale and
trict Court in the event that the bidder shall
not make good his bid. In the event that
any successful bidder shall fail to make good
his bid as said court shall direct upon
confirmation to him of such sale
the said District Court may order a resale
of the said property and the said bidder. shall
for any deficiency of price realized thereon
to the extent of the payments heretofore
made by such bidder. In addition to the cash
deposited upon any bid at the time of said
sale as herelnbefore required, which shall
be received as part of the purchase price
there shall also be paid in cash by the pur-
chaser upon the confirmation of said sale
and from time to time thereafter as the
said District Court may direct. such further
portions of the purchase price Of said prop
erty requisite to make all payments in and
by said decree directed TO be made. except
upon the bonds used by such purchaser in
making payment for the property purchased
ANY purchaser OF the property sold as
aforesaid may satisfy and make good the bal
ance Of his bid above the sum or sums re-
quired to be paid in cash. In whole or in part,
by delivering to the Special Master bonds
as follows. TO wit: Bonds OF Johann Hon
certified under its said mortgage to Joseph
Goetz as trustee. dated March Il. 1894;
bonds of Johann Hon certified under its
said mortgage to Benjamin Bleier, as trustee.
dated October 1. 1895: or coupons respective
~ appertafning TO any and all of the afore-
said bonds which securities unless nego-
liable IN form and payable to bearer. shall
be duly Endorsed or assigned In blank. Any
and all Of such bonds coupons. whether
to the Special Master at the time
Of the sale or subsequently,. will be received
at such price or value shall be equivalent
net proceeds OF the sale Of said property
for a part OF the purchase price OF which
such bonds or coupons are rendered 70 the
same extent as II said sale we're made for
cash. to the holder or holders OF said bonds
or coupons for his or their Just share or
in that character OF such net
proceeds, upon due accounting. apportion-
rnent snd distribution or such net proceeds