New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-02
MASTERS SALE.

cause and OF said property is re-
tanned BY this court for the purpose
OF enforcing the provisions OF this
decree. and the court expressly re-
serves the right to retake and resell
any or all Of said property IN case the
purchaser. his successors or assigns
shall fail TO comply with any OF the
provisions OF said decree, or with the
terms OF sale, or with any decree, or
order OF this court. with respect 10
the payment OF any such claim or
claims. obligations or liabilities.
No purchaser shall be held TO b
personally liable under said decree Tor
any OF said taxes, costs, expenses,
compensation. disbursements. charges,
allowances, indebtedness, obligations.
receivers certificates, Judgment or
liabilities. the method thereby pro
vided for enforcing the liability OF
such purchaser therefor being exclu-
sive OF all other remedies.
No minimum price. except as In Sec
ton XXXII Of said decree provided, Is
put by said decree upon the property
10 be sold or any part Thereof. The
court. however. reserves full power.
authority and discretion TO reject any
bid which IN the Judgment OF the court
is inadequate or is subject 70 just OBJ
lection.
The sale will be made free from
any appraisal right OF redemption
stay or execution
Notice is further given that imme-
dately following the sale hereinbe-
fore notified and by said decree pro-
vided at the place aforesaid, the IN
dersigned. William p. Johnson. Spe-
cial Master. will, pursuant 10 and by
virtue OF said decree entered on said
ninth day OF April. 1918. by the Dis
trict Court OF the United States in the
cause aforesaid, sell for cash at public
auction 10 the highest and best bid
der or bidders. as an entirety, en-
masse. all the assets Of every nature
and description OF said Oklahoma Cen
tral Railway Company including all
equitable rights and chooses IN action
whether or not reduced 10 possession
by the receiver not by said decree
adjudged TO be subject TO the Hen or
said indenture OF trust, more particu-
larlv described as follows:
All property OF every kind and ma,
ture. real personal and mixed, in pos
session or expectancy. legal or eauit
able. including all chooses in action,
OF Oklahoma Central Railway Com.
panv. or its Receiver. not subject 70
the lien of the indenture OF trust made
by said Oklahoma Central Railway
/ COMPANY. dated the first day OF No
vember. 1905. including all bills and
accounts receivable, II any, for the
sale or other disposition OF non-mort'
gagged assets, or arising from sources
other than the operation OF said rail-
road. including also the liability. II
/ any. for unpaid or partially unpaid
I subscriptions for capital stock OF said
/ Oklahoma Central Railway Company,
and the right OF said Railway Com
PAW or its Receiver. 20 recover or
any subscriber for capital stock, or
/ Of any assignee OF such capital stock
for such unpaid. or partially unpaid,
stock subscription, il any;
All as provided by Paragraph
/ XXXVI Of said decree.
A more specific statement ot SAID
assets last above described will be
filed with the clerk OF said United
States District Court. for the East
ern District OF Oklahoma, not more
than twenty nor less than seven days
before the sale hereby notified.
No bid will be received from anyone
Offering 10 bid, who shall not have
first deposited with the undersigned
/ Special Master at least forty-eight
hours before the time herein fixed
for said sale. as pledge that he will
make good his bid or bids in case OF
acceptance, the sum Of One Thousand
/ Dollars 81, 100000 in cash, or prop
erIv certified check upon such bank
or trust company as is hereinbefore
referred TO in the case o. the deposit
required upon bidding for the prop
ertv and assets subject TO the lien OF
said indenture OF trust
After the undersigned Special
/ Master shall have offered separately
| the properties BY said decree adj
| Judged TO be subject 10 said indenture
/ ~ trust and the properties not sub
/ iect 10 the lien of said indenture OF
trust. the undersigned Special Master
| will then offer all OF such properties
for sale as an entirety. combining
+ those subject and those not subject
/ to the lien Of said indenture OF trust.
and ~ the highest bid received by the
undersigned for said properties thus
/ offered shall exceed the aggregate
amount OF the highest bids received
/ for each OF said properties offered
separately. then the said property so
subject 10 said indenture OF trust and
those not subject TO said fndenturs
/ OF trust will be struck OF and sold as
an entirety 10 the person making such
highest bid for the property so Of
4 fered as an entirety.
: For a further and full statement ~
/ the terms and conditions OF the sale
and sales and for more particular
( description Of the property and prop
/ critics 10 be sold. reference is hereby
made 20 said decree OF foreclosure
and sale.
Dated at Muskogee, Oklahoma, June
4 22d, 1914
WILLIAM p. JOHNSON,
Special Master.
POSENTHAL AND HAMILL, So
/ Ucitors for Central Trust Company Of
/ Illinois formerly Western Trust &
/ Savings Bank. as Trustee.
! OKLAHOMA CENTRAL RAILWAY
% COMPANY
NOTICE &c TJFRFpY GIVEN that