New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-09-06
MASTERS SALE.

way company, by deNl dhtfl D'Nt"tvVt
IL. 1901 mot recordedl.
- All that certain lot. piece or parcel
OF land. situated IN the County OF Edgar
state Of Illinois. conveyed ny george w
Hughes 70 the Indiana. Decatur western
Railway Company. by deed dared June ~
1899. and recorded In Book H. page -,
Edgar County. Illinois.
- All that certain lot. piece or parcel
Of land situated in Tuscola. county or
Douglas State OF Illinois. conveyed by
Chicago Eastern Illinois r. r. 90. 70
the Cincinnati, indianapolis & western
Railway Company. by deed dated June q.
1904 and recorded In Book So OF Deeds
page 2Oi. Douglas County. Illinois.
i5 All that certain lot, piece or parcei
Of land situated in the County Or, 81 PlatI'
State Of Illinois. conveyed by Wills g.
Pierson 20 the Indiana, Decatur western
Railway Company. by deed dated June -
1898. and recorded In Book 70. page 9.
Piatt County Illinois.
lG. All that certain lot. piece or psrce!
Of land situated In the County or Macon
Spte OF Illinois. conveyed By louisa
Jokisch. Bertha F. Zimmerman. Edwin W.
Jokisch and Celia ~ JoNsch. his WHO.
Olivia Zimmerman and @. II. zimmerman:
her husband. Paulina " Sleeter and
Charles " sieeter' her hus5and' ana ana
catur r. 4. Company, by deed dated May
%. 1902. and recorded IN Book "a or
Deeds. page 9l6. Macon County Illinois
and in Book l23 Of Deeds. page 81. Sanga-
mon County. Illinois.
II. All that certain lot, piece or parcel
Of land situated in the County OF Macon.
state Of Illinois conveyed by John Back
catur Railway Co by deed dated August
4 1902. and recorded I'm Book 277. page
4s4. Macon County. Illinois
V 3 locomotives; Is passenger. passen-
ger and baggage, mail and baggage. ana
baggage coaches; I3i6 freight cars, and
~ miscellaneous cars
VI All trsckage, crossing and other
contracts more particularly mentioned and
AeagTlhad nrNFHa
Said property will be offered for sale in
one block or parcel.
The said property willy be sold subject
N the lien Of any and all taxes assess
ments and water rates levied or assessed
against the mortEsged property or any
part thereof. and subject 10 any other stat
utory liens against tho said property or
any part thereof which are or may be
chargeable upon said property or any
part thereof prior 10 the lien Of the mort
gage and deed OF trust dated November
/, 1895, executed and delivered by The
Indiana. Decatur and Western Railway
Company TO Central Trust Company OF
New York and Augustus l. Mason, as trus-
tees. and the supplements thereto. The
said property win however be sold free
and clear OF any and all debts claims
and charges other than those specified. and
any and all such debts claims and charges
which may hereafter be adJudged 10 be
prior or superior 10 the said mortgage
and deed OF trust and supplements thereto
shall be payable out Of the proceeds or
sale or the SAID property, All questions re-
lating to the priority or superiority Of any
and all such debts. claims and charges
being reserved FOR future determine ton.
except in far as the same have been
determined by order OF the above-named
court in this cause dated May II, 1915.
The undersigned Will receive no bid from
any one Offering to bid who shall not de-
poslt. at least twenty-four hours before the
time appointed for such sale. With the un-
dersigned a pledge that he VIII make
good his bid In case OF its acceptance, the
- ooh or htr Na1
on some national bank or trust company
OF the city of New York acceptable 70 the
undersigned. made or endorsed payable TO
the order OF the undersigned as Special
Master. or IN lieu thereof 700 face
amount OF the First Mortgage Five Per
Cent Gold Bonds OF The Indiana, De-
catur and Western Railway Company is
sued under the mortgage and deed OF trust.
dated November l, 1885, and It's supple
ments. between The Indiana, Decatur and
Western Railway Company, and Central
Trust Company Of New York and Augustus
l. Mason, as Trustees. II In bearer form
and accompanied by the coupon due July
1, 1914. and all subsequent coupons. such
deposit, however, may be made partly in
cash or certified check. and partly IN
bonds and in the above relative proper
lions. The undersigned Will accept no
bids for the property for less than the
sum OF sl.i00.OO0. He will accept the
highest and best bid received equal 20 or
exceeding the said sum of sl400. 000) when
offered as aforesaid and will knock down
to confirmation Of the sale by the Court
on the acceptance Of any bid by the IN
dersigned. the bidder whose bid shall have
been accepted must forthwith deposit with
the undersigned. In addition to the cash
or bonds deposited In order to qualify him
20 bid. the additional sum Of $4,000 IN
cash or by certified check on some national
bank or trust company OF the city Of New
York acceptable 10 the undersigned, made
or endorsed payable 10 the order or me
undersigned. as Special Master, or In lieu
IA a
First Mortgage Five Per Cent Gold Bonds
OF the Indiana. Decatur and Western Rail-
way Company. II in bearer form and ac-
companied by the coupon due July /, 1914,
and all subsequent coupons Such addl-
tiOnai deposit, however, may be maze
partly in cash or certified check. ana
partly in bonds. but in the above relative
proportions. The deposit received from
any unsuccessful bidder Will be returned
to him when the property shall be STRUCK
on The deposits received from the sue
cessful bidder will be applied on account OF
the purchase price. In lieu OF any dePo nfs
OF FIRST Mortgage Five Per Cent boIu
Bonds as aforesaid with the undersIBneI, nc
may accept the certificate or CentIai trust
Company Of New York that II holds, SUD
tect to his order and direction, the amount
specified in said certificate OF SAID Bonus
in bearer form and accompanied Dy 'he
coupons therein stated. ANY owner vi
holder OF any Of the First Mortgage rive
per cent. Gold Bonds issued under ssid
mortgages and deed OF trust may plo anu
purchase at said sale the right ~ re-
served 10 the Court TO reject any or an
bids received and 10 confirm and direct the
contamination OF any sale IN accot udIlCo
with the provisions Of said decree. IN caSe
any bidder shall fail to MAKE tne - Tuu a.
tional deposit either in cash or check OF
i'm said Bonds hereinbefore required, or
after such acceptance 10 comply "lInln
the period OF twenty days with any olus.
~ the Court relating to the payment
thereof on the completion Of the purchase,
then the sums deposited by such accepted
bidder as hereinbefOre PROVIDED Wnether
i'm cash or by check or by Fist Mortsaso
Five Per Cent. Gold Bonds. will be for
reited as a penalty for such falIure ah1
will be applied towards the pay men "a
the expenses OF resale ana 70" arr a.
making good any deficiency or loss IN
case the property shall be sold al less
price on any such resale and 10 suCh
other purposes as the Court may GltS 80
II the Court shall not confirm the saIe tn1
deposits made b. the accepted pldder III WI
forthwith be returned TO such hidder. me
purchaser must on comm N d non VI e..'
ssie nv the Court make such further pay
80, ~ nsvments In cash on account OF
The nurchase price as the Court may from
time to time direct. so inuch OF tne PI H.,
chase price as may not De requl'e . "
the Court to be paid in cash may elther
ba maid in cash or the purchaser may sat
isrv and make good such residue OF MS pid,
i'm whole or in part, by turning oEer 70 10
cancaiiad or credited. as hereinafter pro-
,Jded First Mortgage Five Per Cent. Gold
Bonds OF The Indiana, Decatur ana Nts'
ern Railway Company, secured py tne saIo
mortgage and deed OF trust dated NoNeih-
~ 1855 and the coupons theTeunto APP
-, a,ninD which matured July /, 1914
The said purchaser will be credited LIED, on NAG &C
cou.' Ti,s Der Cent Gold Bonds and
s saSe st turned in as aforesaid with such
.'',,ls as would be paid in cash upon such
First Mortgage Five Per Cent. Gold bonds
80 sala n the whole amount OF tho
1urchase price had been paid In cash The
right Is reserved 10 the Court TO re-take
and resell the property upon suGh no,
cost Of the purchaser in case the pur-
chaser shall fail or omit 10 make any
payment on account Of the purchase price
~ order recurring such payment The
nurchaser or his successors and assigns
vii not be required 20 see 70 the spphca-