New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-12-03
FORECLOSURE SALES.


N THE DISTRICT COURT OF THE
United States for the Southern District Of
New York.-CENTRAL TRUST COMPANY
OF NEW YORK, Complainant. against CHI.
CAGO. ROCK ISLAND AND PACIFIC
RAILROAD COMPANY. Defendant.-Notlcs
Is hereby giyeA that In pursuance Of a decree
OF the Distrir Court OF the United states
for the Southern District OF New York.
made and entered October 10 1914, in tho
above entitled suit the undersigned Special
Master will offer for sale. without valuation.
appraisement, redemption or extension. at
the north entrance Of the County Court
House. County OF New York, Borough OF
Manhattan. City OF New York. Southern Dis
trict Of New York, on the oath day OF No
noon, Il3 80 shares Of stock OF the par
value OF 500 each OF The Chicago, Rock
Island and Pacific Railway Company. Said
shares OF stock Will be offered for sale IN
one block or parcel. The undersigned will
receive no bid from any one offering to bid
who shall not first deposit with the under
signed as pledge that he viii make good
his bid In case Of its acceptance, the sum
Of $3.50 900 cash or by certified check on
some national bank or trust company OF the
city OF New York. made or endorsed paya-
Bile to the order OF the unders gned as Spe-
cial Master, or in lieu thereof $4,000 600
face value OF the Four Per Cent Gold Bonds
Of the defendant Chicago. Rock Island and
Pacific Railroad Company issued under the
Trust Agreement dated August /. 1902, be-
tween said Chicago, Rock Island and Pacific
Railroad Company and Central Trust Com
pany OF New York as Trustee. II in coupon
form accompanied by the coupon maturing
May LIST. 1914. and all subsequent coupons.
and II registered accompanied by sufficient
transfers: such deposit, however. may De
made partly In cash and partly In bonds
and IN the above relative proportions. The
undersigned will accept the highest and best
bid received when offered as aforesaid and
will knock down tbD property sold 70 such
bidder, subject TO confirmation OF the sale
BY the Court or the acceptance OF any bid
by the undersigned, the bidder whose bid
shall have been accepted must forthwith De
post with the undersigned, In addition 70
the cash or bonds deposited in order 70 quail
~ him to bid the additional sum OF 81 ,OOO,-
600 In cash or by certified check on some
national bank or trust company OF the CITY
Of New York made or endorsed payable to
the order OF the undersigned. as Special
Master. or in lieu thereof O.OOo 900 face
amount OF the Four Per Cent. Cold Bonds
OF the defendant, Chicago. Rock Island and
Pacific Railroad Company. secured BY me
trust agreement dated August /, 1902, II In
coupon form accompanied by the coupon ma
turing May l. 1914. and all subsequent cou-
pons and II registered accompanied by SUI
ficient transfers; such additional deposit,
however. may he made partly IN cash ana
partly in bonds and In the above relative
PROPORTIONS. The deposit received from any
unsuccessful bidder VIII he returned 70 nm
when the property shall be struck OH me
deposits received from the successful bidder
will be applied on account OF the purchase
price. In lieu Of any deposit OF -Four FER
Cent. Gold Bonds as AFORESAID WIN til, we
Of any national bank or trust company haY-
ing it's principal office in the Southern Dis
trict OF New York that IL holds. subject 70
his order and direction, the amount speclfied
in said certificate OF said bonds with coupons
or transfers thereof as aforesaid any
owner or holder OF any or the -Four Per
Cent Gold Bonds issued under said trus,
agreement may bid and purchase AZ sald
sale The right Is reserved 10 the Court 10
reject any or all bids received and to con-
firm and direct the contamination OF any
eel. g. g-Fu u nrnNINlOUE
said decree. In case any bidder shall ran
10 make good his bid Upon its acceptance,
or shall far after such acceptance 70 com
ply with any order OF the Court relating 70
the payment thereof on the completion OF
the purchase then the sums deposited by
such accepted bidder as here!nbefore pro-
vided whether in cash or by check or by
-Four Per cent. Gold Bonds will be forfeited
as a penalty for such failure and VIII be
applied towards the payment OF the expenses
OF resale and toward making good any de-
shall be sold at less price on any such
resale and 10 such other purposes as
the Court may direct II the Court shall
not confirm the sale the deposits MADE ny
the accepted bidder will forthwith be re-
turned 10 such bidder The purchaser must
on confirmation Of the sale by the court
cash on account Of the purchase price as the
court may from time 10 time direct. SO much
OF the purchase price az may not be required
BY the Court 10 be paid In cash may eIther
and make good such residue OF his BID, IN
whole or in part. by turning over TO be
cancelled or credited, as hereinafter pro-
vded Four Per Cent. Gold Bonds Of tbs
defendant Chicago, Rock Island and Pac'uc
Railroad Company. secured by the trust
agreement dated August l. 1902. and matured
and unpaid coupons The said purchaser will
be credited on account Of the purchase price
for -Four Per Cent. Gold Bonds and coupons
turned In a. aforesaid with such sums az
would be paid in cash upon such -Four Per
Cent Gold Bonds and coupons out OF the
proceeds OF sale IL the whole amount OF
the purchase price had been paid In cash.
The right IL reserved to the Court to retaNs
and resell the property upon such notice as
n may direct, at the risk ana cost OF tne
purchaser in case the purchaser shan feil or
omit 10 make any payment on account on the
purchase price within ten days after ne entry
OF the order requiring such payment. The pur,,
chaser or his SUCCESSORS and assigns VIII
not be required TO see to the application OF
the purchase money and shall have the right
10 enter his or their appearance IN the Dis
trict Court OF the United states for the
Southern District OF New York and TO become
a party 10 this cause.
For more detailed statement OF the terms
and conditions under which SAID SAFE VII
BE- made reference Is hereby made 10 the
above mentioned decree. the original OF
which is on file in the office OF the Clerk
Of the District Court OF the United states
for the Southern District OF New YORK, ana
comics OF which may be obtained from the |
undsrsIrned upon application 70 him az his
sffice so Liberty Street. New York City
Dated New York October q. 1914.
BRONSON WINTHROP, Special Master.
Referring TO the above notice, notice Is /
hereby given that the sale therein referred i