The Birmingham age-herald., 1913-01-09
LEGAL NOTICES
S~~~
legal Notice

Southern Iron ana steel Company,
Bankrupt, in Bankruptcy. No. u,sbS.
Pursuant TO an order OF the Ohiteu
States district court for the southerh
division of the northern district OF Aia'
bama, dated December Z, 1872 and to ms
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 Slse
day of January, 1913, at II 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
pany in the real estate, the leasehod in
terests and easements in the real
estate, il 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 companys S
patterns, drawings, machinery, Tools
supplies, materials, raw, unfinished and
partly finished stores, consignments
its manufactured and partly manu-
factured product on hand, sub
ject to 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 oil
said the Southern Iron and Steel COM
pany and of said trustee in bankruptcy,
real and personal. corporeal and moor
poreal. wheresoever situated except only
cash on hand and In bank, and in the
mails upon day of sale, which cash is
cd Cat1
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
1863. to the United States Mortgage and
Trust company and John w. Platten as
trustees; but subject to all other incum-
brances thereon.
follows. to-wit: Said property will first
be offered for sale in four lots. to-wit:
Lot Accomplishing all real estate,
buildings and fixtures annexed to realty,
stocks, bonds, patents, patent rights, Ii
censes, easements, machinery, tools. sup
plies, materials and other property, real,
personal mixed, of every kind and
description except the real property set
forth and described in parcels to To-
both inclusive, in the schedule attached
TO the petition of the trustee in bank
ruptcy heretofore mentioned and flied
November 15 1872, 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 90 1909. conveyed. mortgagod,
ali rrte t.a1 f~0fa ufQs eDsl nv
said Southern Iron and Steel company
by any one on its behalf to the said
trustees, 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-Comprsng all the real estate,
buildings and fixtures annexed to the
realty, described and set forth in parcels
8 to 15. both inclusive, in the schedule
attached to the petition of the trustee in
bankruptcy. heretofore mentioned, and
filed November Is, 1872.
Lot Cali personal property of the
character and description specified in
said mortgage of said Southern Iron and
Steel company to United States Mortgage
and Trust compand and John w. Platten,
as trustee. dated July 20, 1909, as being
covered by the lien thereof, except tina t
included in Lot A, aforesaid
Lot D-Comprising all the balance of
the property to be sold not included in
Lots A, and c. set forth in parcel
19 annexed to the petition of the trus-
tee in bankruptcy heretofore mentioned,
and filed November 10, 1872 as the same
shall exist in the hands of the trustee,
to which he shall be entitled the
opening of business on the day of sale.
No bids will be accepted from any bid
der for Lot d which shall not be equal
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
\. 3, G and ID shall have been offered
for sale and bids received therefor all
the property constituting Lots A. b. c
and ID will be offered together as n
single lot, and bids received therefor
The trustee will report all bids received
to the court for confirmation or rejec-
ton, and the court expressly reserves
the power to confirm reject any or all
Z bids received. II 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 ID when offered
separately as aforesaid, then all such
property will be struck off and sold to-
gether single lot parcel to the
purchaser making the highest bid there
for subject in every case to conIirma-
ton or rejection as provided in said or
der.
A certified check for fifty thousand
dollars must prior to the commence
ment of said~sale, be deposited with the
undersigned by any bidder for more than
one of said parcels, or for the property
entirety, or in lieu of such GER
titled 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. A 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 its 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 order of sale
entered in the above entitled proceedings
on the 7th day of December. 1912. to the
4snacific vroyision of which order ref