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

s. 0peiousas, La.
has been constructed and upon
which a mortgage and vendor, S lien
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 constructed, and a mortgage
and vendors lien rests on any por-
Z ton thereof, such portion shall be
appraised and sold separately. All
properties otherwise situated shall
be appraised separately and sold
separately where a vendors lien
or mortgage rests thereon. All the
personal property described in the
foregoing advertisement will be APP
praised and sold in lots so as to
yield the greatest possible price in
the Judgment of the receivers ; ex-
cept that all property upon which
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 property herein
described and to be sold under the
terms Of the judgment is to be
sold free from any and all encum-
brances whatever, and all mort
cages and. privileges Of every ma
ture whatever are to be referred to
the proceeds.
In describing the foregoing props
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 purpose
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
erfy and all the property belong
ing to the said Union Irrigation
Company will be sold for cash for
not less than tWo-thrids of its APP
praised value. The adjudicatees
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 ehattel
mortgage thereon, the said pur-
chaser shall pay twenty per cent.
(20a) Of the price Of the adjtdi-
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.
8. All purchasers Of real estate
shall pay twenty per cent (20%o}
Of the purchase price in cash at
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 q
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 SO 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 moyables 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,
Attorneys for Receivers.
N. B. As stated in the fore
going advertisement the real
estate and movables of the
Union Irrigation Company will
be sold at the front door of the
Court House, at Opelousas. But
the public is notified that such
movabies as the lumber, thresh-
ing machines, traction engines,
and other heavy machines and
implements will be sold at the
pumping plant of the Union II
rigation Company, INN ediately
after the sale is completed at
Opelousas.