New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-07-23
MASTERS SALE.
to be superior to the rights OF the
bondholders.

bondholders.
Jurisdiction OF this consolidated
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 10 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 TO
the payment OF any such claim or
claims, obligations or liabilities.
No purchaser shall be held TO os
personally liable under said decree for
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 XXXIT of said decree provided, ~
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
4 is inadequate or Is subject 10 just OBJ
lection
The sale will be made free from
any appraisal, right OF redemption,
stay or execution
Notice is further given that imme-
diately following the sale hereinbe-
fore notified and by said decree pro-
vided. at the place aforesaid. the I'M
dersigned. William 3. Johnson. Spe'
cial Master, will, pursuant to and by
virtue of said decree, entered on said
ninth day of April. 1913, by the DIS
trict Court OF the United States IN the
cause aforesaid, sell for cash at public
auction to 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
trail Railway Company, including all
equitable rights and chooses in action.
whether or not reduced to possession
by the receiver, not by said decree
adjudged to be subject to the lien OF
said indenture OF trust, more particu-
larly described as follows:
All property OF every kind and ma
ture, real, personal and mixed, IN pos
session or expectancy, legal or equit'
able, including al chooses In action.
Of Oklahoma Central Railway Com
pany. or Its Receiver, not subject TO
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, If 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
subscriptions for capital stock or said
Oklahoma Central Railway Company.
and the right OF said Railway Com
pany or its Receiver. 10 recover ot
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 OF 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 TO bid, who shall not have
first deposited with the undersigned
Special Master at least fortyeight
hours before the time herein fixed
for said sale as pledge that he will
make good his bid or bids in case o.
acceptance, the sum Of One Thousand
Dollars 81 ,O0000l in cash, or a prop
erlv certified check upon such bank
or trust company as Is hereinbetore
referred TO in the case OF the deposit
required upon bidding for the prop.
ertv and assets subject to the Hen OF
said indenture OF trust.
After the undersigned Special
Master shall have offered separately
the properties By said decree ad-
Judged 70 be subject to said indenture
of trust and the properties not sub
iect 10 the lien of said indenture or
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 If 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 to said indenture Of trust and
/ those not subject TO said lndenture
| OF trust will be struck of and sold as
an entirety to the person making such
highest bid for the property so o.
fered as an entirety.
For a further and full statement ~
the terms and conditions Of the sale
and sales and for a more particular
description OF the property and prop
critics 10 be sold. reference Is hereby
made to s1id decree Of foreclosure
and sale.
Dated at Muskogee, Oklahoma June
POD, 1914.
WILLIAM b. JOHNSON.
Special Master.
ROSENTHAL AND HAMILL, so
licitors for Central Trust Company OF
Illinois formerly Western Trust C
Savings BanAy. as Trustee.
OKLAHOMA CENTRAL RAILWAY
COMPANY.