The Canon City record with which is consolidated the Canon City cannon., 1916-04-06
SEVEN

such Of said contracts as are specifcal-
performance OF any such contract by
said purchaser or puIchas rs h. fore
the expiration OF said period Of one
month shall be deemed or construed to
be an accs ptance OF any such contract
Any purchaser Of the property may
satisfy and make good tne balance of
iiis bid aooVe the sum Or suns reaIsir-
ed to be paid in cash, in whole or in
lart. by delivering TO the specisl mast
mortgage of the United States ReGuc-
ton and Refining Company, datt d July
ISL, 1901, outstanding in the hands of
noiuefs othsr tt4au the said Trustee.
and The coupons respectively app ststiF-
ing to any of the afor, said bonds.
which said securities, unless in NJ go-
table form and Iayable to bearer, shall
be duly endorsed or assigned in blank;
the said bonds and coupons to be re-
ceivtd at such value, TO be determined
Dy the Court upon the report of the
Snecial Master as would be equivalent
hoidsrs thereof would be entitled 10
receive therefor fIom and out of the
purchase money. in case the entire
amount Of the bid Were paid in casn-
The Special Master may, in his dis
cretion. accept tenn Iorari-y. instead of
the actual delivery 10 aim Of said
bonds and coupons, the cef ftificate of
any bank or trust company satisfactory
TO him that IL holds said boHds and
coupons. subject TO The order Of said
spt cial master. aud VIII deliver them
TO Eim on demand for cancellation or
other disposition
Bids for the properties must provide
for a payment or payments IN cash OF
such sum or sums the Court may
deem sufficient to meet the Payments
required 10 be made in subdivisions
"a. t1b and tc1 cf Article Y of said
decree and in the event Of the insufn-
cheney OF the prccet ds of sale to pay
in fall the amounts ther.in dir cJed 10
be paid out of such proceeds for the
purposes set forth in said subdivisions
! "a. thp add tci, the Court reserves
the right from time TO time to require
the payment of such dl flciency by the
purchaser or purchasers. In the event
Of failure or r fUsal Of the purchaser
TO pay such amounts required to be
paid. Within thirty t30) days after the
entry OF the o! der reaulting any such
payment, the court reserves the right
20 retake and resell the said properties
and to apply the net proceeds Of such
resale to the payment OF the deficiency.
rendering unto The purchaser the sur
Plus. IL any. but the purchaser shall not
%. personally liable for the amount of
such deficiency. or any Iart thereof.
The Special Master VIII accept no
bid for the prePsrtiss sold. less than
the sum Of $3.50. .eo0-00
No bid viii be received from any
hicder who shall not deposit with the
special master at or prior TO the time
or certified checks therefor The
cash or checks deposited by any
such bidder shall be held as a pledge
bid II accepted by the Court The cash
or checks SO deposited. except those
shall oe professionally accented. VIII be
returned at the conclusion Of the sale
the bidder or bidders from whom they
Were received The cash and checks
deposits q by any bidder whose bid shall
he Professionally accepted will be re-
turned to the bidder or bidders from
whom they were received. IL such pro-
visional acceptance shall thereafter not
be eonhrm,d by the Court.
Z The cash and checks deposItf by
any bidder in order to qualify him to
| bid at said sale. shall be forfeited aud
applied To the Expenses OF said sale or
sales and otherwise. as may be dirtct-
I'D by the Court. in The event that the
bidder shall not make good his bid
In the event that any successful bid
the, Court shall direct upon the con-
firniation to him of such sale after
the property. aud the said bidder shall
be liable for ali the expenses thereof
and for amy dshcieney of price realized
thereon to the extent OF the payments
heretofore made by such bidder
In addition 10 the cash deposit upos
any bid at the time OF said sale. as
received part OF the purchase
price, there shall also be raid in cash
the confirmation OF such sale and from
time 10 time thereafter the Court
may direct. such further portion Of the
purchase ~ ice OF the proI.ei ties re-
quisite 10 make all paymsnts hereun-
Ger except ugon tfe bonds US 4 by
such purchaser Ia making payment for
the properties purchased.
The Court reserves the right to reject
any bid or b ds.and 20 rvtakr and resell
he property putcuassG uron the fall
lire OF any purchaser TO comply with
the terms OF sale or with any orders
{ the Cont requiring payment. within
thirty tSot days after the entry OF such
order in respect thereof
The decree under which the aforc-
sa.te properties are 10 b. Sold. and To
which reference may be lad FOR a more
specidc description OF the properties
solo and IA statement of the ms and
conditions OF sale II dated February
.th. 1915, aud al. 81 IN tnt uIficv II 1he
Z United States for the District Of Colo-
thereof may be Inspected at the office
Blcck. in the CITY and County OF Dem
The Receiver, in the City OF Colorado
,tfiee OF the solicitors Tor the COM
I Hodges. Colorado National Bank build
lng. Denver. Colorado. and Murray,
Prentice and Rowland. No. 81 Mali
street. New York city. New YORK. and "a
I the office OF the complainant The
Broad street. New York city. New York.
Ilatfs al i.,,r,,-..r f-hlnt,6o tbgs Iofh
day OF February. \. u. 1916
WILBUR r. STONE.
Special Master.
I William V. Hodges.
Murray, Prentice x Howlaud.
ft.ahr r..V f.uN ~ nf4H "a