Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1914-04-04
LEGAL NOTICES.

EG0AI W. iNEOs
prior to the execution OF the aforesaid
mortgage, and all Of such property and
things thereafter acquired, and including
all lines OF railroad lands personal
property and property OF every deScrip
tion completed, constructed or otherwise
acquired or possessed by the receivers
herein
Said property will be sold together as
a whole, without division into parcels
As a part OF the consideration and
purchase price Of the property, and in
addition to the sum bid, the purchaser
shall take the same and receive the
deed therefor upon the express condi-
tion that he or his successors OF. assigns
shall take the property subject to the
following charges and obligations;
Any unpaid Indebtedness and obliga-
tions which shall have been legally in
CURED or contracted by the receivers
in the operation or on account of the
property hereby directed IL he sold at
any time prior to the discharge of such
receivers, other than RECEIVERS certi-
ficates.
Any unpaid Indebtedness and liabn-
tiles contracted or incurred by the Geor-
gia Terminal Company. prior to the
appointment Of receivers with respect
% which a petition in intervention or
any proof Of claim has heretofore been
fled which the court shall hereafter
adjudge to be entitled in equity to pay
nent prior to the payment Of the bonds
secured by the mortgage foreclosed.
The purchaser shall also take the
property subject to the performance by
him or his successors or assigns OF all
pending contracts heretofore lawfully
made by the receiver or receivers with
respect to the property sold, including
contracts for the purchase OF equipment.
No bid viii be received by me unless
the person making same has thereto
fore deposited with me as a pledge to
make good his bid in case of acceptance
the sum of twenty-five thousand
1926, 000) dollars in money or certified
check upon any national bank or trust
company in the cities Of Boston, New
York or atlanta; the deposits received
from any unsuccessful bidder shall he
returned when the property is struck on.
In case the bid should be executed and
| the sale confirmed and a successful bid
der shall comply with the terms there
| of. The deposit shall be credited on the
purchase price In the eJent that any
bidder shall fail to make good his bid
upon acceptance by me and conllrma-
ton by the court, or shall fail to com
ply with any further order Of the court
in regard to the payment Of the balance
of the purchase price. said deposit shall
he forfeited as lquidated damages dnc
shall be applied toward the expense OF
any resale ordered, or toward making
good any deficiency or loss In case the
property al such resale shall bring less
than the prior sale. or to such other
purposes as the court Shdll direct, Du
If the said sale shall not be confirmed
the deposit shall be returned to The bid
| der
Upon confirmation of such sale there
| shah be paid In cash by the purchaser
! ana from time to time thereafter such
further portions on account Of the pur-
I chase price Of said property sold as the
/ court may direct
I or tic debt evidenced by receivers
/ certificates the court has apportioned as
against the Georgia Terminal Company
| the sum OF $l12,273.O0. with interes
! thereon at per cent per annum from
JulyN1, 1919. until paid and such por-
| tions Will be paid out of the proceeds
arising from this sale.
/ Reference is hereby made 10 the fore
/ closure decree in the cause stated foi
| further particulars as fully as II same
were set forth herein.
| VICTOR LAMAR SMITH,
Master Commissioner.
Currier. Young & Pillsbury, of Boston
Slaton & Phillips Of Atlanta
| Complainants Solicitors, Rossei
g. Brandon. Of Atlanta, Defend
ants Solicitors.