St. Landry clarion. (Opelousas, La.) 1890-1921, 1914-12-05


has been constructed eGd upon
which a mortgage LII yenuor S llen
rests, shall be appraised separately,
the appraisement to act as the basis
of distribution. On all portions Of
the right Of way where the canal is
not constlJ p.>. -o.aaa
and vendors lien rests on any por
ton there such norton sllaH be
appraised and sold separately. All
properties otherwise Situated shaF
be appraised separately and sold
separately where a vendors lien
or mortgage rests thereon. Az the
personal property described in the
foregoing advertisement will be ap-
praised and sold in lots SO as to
yield the greatest possible price in
the judgment of the receivers; ex-
cept that all p
there is asserted a vendors lien
and privilege or chattel mortgage,
the same shall be appraised and
sold separately in order to protect
such privilege or mortgage if same
exists. All the r~cnertv hara;n
described and to be sold under the
terms of the judgment &c &c be
sold free from any and all eneum-
ORANGES whatever, and all mort
cages and privileges Of every ma
ture whatever are to be referred to
the proceeds.
In describing the foregoing prop
critics, in many instances it is stated
that certain pieces Of property are
encountered with certain mort
cages. This declaration or state
ment is made from an examination
of the records of the Parish of st.
Landry, and is not for the nnrnose
of in any manner binding the re-
ceivers to the validity Of such mort
cages or the correctness OF the
amount.
2. The above described prop
erty and all the property belong
ing to the said Union irrigation
Company will be sold for essl fer
not less than two-thrids of its APP
praised value. The adiudicatees
of all personal effects shall pay in
cash for the same on the spot and
accept delivery of his purchase;
provided that where any personal
property is adjudicated to a bidder
who claims a privilege or cilattel
mortgage thereon, the said pur
chaser shall pay twenty per cent.
(20%) of the price Of the adjudi-
cation in cash and execute a bond
to pay whatever further proportion
Of the purchase price as he is or
dered to pay by the Court. the
bond to be executed with good and
solvent surety acceptable to the re-
ceivers, pending the judicial de-
termination Of such privilege or.
chattel mortgage.
3. All purchasers of real estate
shall pay twenty per cent 1000
of the purchase price in cash ut
the moment Of adjudication, and
the remainder upon the execution
Of a deed to said property signed
by the receivers Of the Union Irri-
cation Company and confirmed By
the Court; provided, that Il any
purchaser Of real estate holds d
vendors lien and privilege on
such real estate so purchased, he
shall only be required to pay IN
cash an amount sufficient to cover
the costs Of the sale Of such piece
or parcel 50 purchased and the re-
mainder by surrendering such
vendors lien note or notes if such
notes are held to be valid by the
Court and the sale is confirmed.
The description and enumera-
ton Of the movables and rights
and credits is not exclusive or In.
tended to be a minute description,
and all other personal property,
whether particularly described
herein or not, belonging to the
Union Irrigation Company, will
be sold under this advertisement.
WILLIAM EDENBoRN,
HENRY P. DART,
Joint Receivers Of the Union
Irrigation Company.
JOHN w. LEWIS,
r. LEE GARLAND,
FOSTER, MILLING, BRIAN & SAAL,
" e. D.a