The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1914-03-24
LEGAL ADVERTISEMENTS.
which is as follows:


the cause aforesaid may submit or
Join in bids for either or both of the ,
aforesaid plants with their appurten-
ances, and may apply'as credits upon
any successful bid or bids any portion |
of their respective claims not to eX-
coed the full amount due them by the
receivers, principal and interest, as
shown by the books and records OF
the receivers, to be first certified by |
said receivers to said commissioners
as just and valid claim or Calm
against said receivers
The successful bidder or bidders is
required by the terms Of the AFORESAID
decree to complete payment Of the en-
tire amount of the purchase price bic
within thirty days from the date o
the confirmation of sale or within sue
further time as the court may allow
on application Of the purchaser or
purchasers for good cause shown.
Upon confirmation of the sale credit
ors Of the defendant or OF the rcceiv-
ers who are parties to the purchase
! shall before or simultaneously with
the delivery of the deed of conveyance
| by the commissioners execute to the
commissioners proper discharges and
acQuittances of the respective claims
Of such creditors so allowed as cred
| is on such bid, and where such claims
are evidenced by notes, drafts, reeelv-
ers' certificates or other writings the
same shall be cancelled and delivered
Iup 10 the commissioners in al cases
where the whole amount represented
| by such notes, drafts, receivers GER
| iiicates or other writings Is allowed
as n credit on the bid or bids, and
otherwise the respective Creditors
shall make proper entries Of credits
thereon which shall be satisfactory to
the commissioners. If desired by the
purchaser the receivers in said cause
will join in and ratify the deed of con-
veyance so to be executed by the com
missioners, and if requested by the
purchaser, the commissioners will
sign, seal and deliver in the
temperate name and behalf OF the de-
PENDANT company writing joining
and ratifying such deed Of convey
lance. Upon confirmation OF the sale
land completion of the payment of he
purchase price and full compliance by
the purchaser. with the terms of the
aforesaid decree, the receivers in said
;cause shall deliver possession of sad
properties and property rights to the
purchaser or purchasers or to his or
their priyies in blood or estate, taking
| written acknowledgment to the re-
caivers Of such delivery.
Said properties shall be sod free
| rom all liens, claims or encumbrances
gCf whatsoever character except taxes
Or tho year 1914.
BY the provisions of the aforesaid
+, decree the court reserved the right to
order a resale of SAID properties, upon
such notice as the court may direct
in the event the purchaser or purohas
ers Iail to make good his or their sue
cessful bid pursuant to the terms Of
the aforesaid decree and of the decrea
Of confirmation
The aforesaid decree also provides
that the commissioners may adjourn
the sale from day to day or from one
day to another fixed date, provided
such adjournment shall rot be for a
longer aggregate time than two weeks
from the date fixed for the sale unless
/ Il ip,, 81, oil,
be had by authority and di
ERECTION of the court. Should such ad-
journment or adjournments be taken
the commissioners or their rep9esen.
tative or representatives shall make
public announcement at the time and
place fixed for the sale Of such ad
journment, and the time and place
thereof, and no other or further no.
tice or announcement OF such adj
journment is required
The aforesaid decree further pro-
yides that if either Of said commission
ers should fail to appear at the time
and place OF such sale the other com
missioner shall have the right aud au-
| ilOJ 4lS W ilhhG BuCll pdIS vi w pOOL-
rome the same as he may deem best.
The commissioners and receivers
will afford prospective Bidders, or the
representative CT rep"e EFT les Of
UGH, full, ample and comp etc Cppor-
tunity of inspecting all agd in u n
said properties, property rirb's and
easements in every reaso. ab MN
| Ter, and at all REASONABLE IT, c3 AID
will DO any and all other reasonable
things that within their power lie to
aid and assist prospective bidders or
Representative or representatives
of such.
The purchase price Of said proper.
ties must be pa d in cash, or in Ella ms
against the defendant or the rece' v
ers as provided In Division VI and VII
Ct the aforesaid decree, and which Dir
visions are set out in full above, aad
payment of the balance due on such
purchase price after crediting the
amount so deposited by the pur'has
er at the time Of making the bid, shall