New-York tribune., 1916-07-03
NOTICE OF SALE.

In bearer form. and. II in coupon form. sc-
companled by the required coupons us.
| poslt made ~ any bidder for separate
| parcel or sub parcel may, 50 fsr ss az.
pllcsble, be applied on account OF the 1eposlt
required to be made In order 10 quslity MN
| 10 BID for the same property when oneIen
| for ssls with other property as an enurey'
Any deporit 40 received from an unsuocess-
ful bidder will be returned 20 blm when ne
property shall be struck down. The deposit
received from the successful bicd.r or bid
| der- will be applied on accoun, OF the pur-
chase price Of the property 49,,
The Special Master Will not soeept any bid
1a) FOR the property pledged to the com
plsinant Notth American Company. the sum
OF 100000.
(bJ for the property embraced IN the Re-
findinK Mortgage the sum OF Sb.OoOoo.
| fo1 ,Or IN. property embraced In the een-
.ral Lien Mortgage other than property en-
Lracoi in tho hefundins Mortgage. the sum
,d) Tor oil the property embraced in either
the P.fundins Mortgage or the Genera IIen
/ Mortgage as an entirety, the sum o' "''
t.J Tor the property Of the defendant rail
road Company specified IN Article Twenty .
pinth Of said Final Dscre.. tbs sum OF
t70O. 900. ,.. -,
~ Tor the property. as an entirety Of Of
tho defendant railroad Company specified In
Article Twenty-slSth. Article Iwenty &c. ssoi
! enth and Article Twenty ninth OF SAID flna'
Decree the sum OF sf5, 7Oo.ooo
The Special Master Will accep- no BID from
any one who shall not. prior 10 any orer ~
the Special Master for sale, ME WIN the
| qpscial Master a statement whether ~
/ proposes 20 bid on behalf of Pny corpora b
! lion. organized or to be organized, for ths
purpos. or with the intention hat II snan
become the owner Of said property. or any
| part thereof. or any beneficial interest there
I In. through any sale under sad Final Dc
, cree pursuant 70 any scheme, plan or agree
| rnent whereby any stockhOid~r or stockhOii-
! ors OF the defendant Railroad Company shall
I receive any stock. bonds or H'1er nenehclal
interest IN such corporation on account of
their stock in the defendant Railroad com
/ pany although he or they may pay some
/ other consideration In addition therefor, and
| II so, also file complete statement or any
such scheme. or a copy OK eucn plan OF
/ sRreemsnt and a statement ~ any oNers
| which have been made under or pursuant
/ TO or in CONNECTION with such scheme. psn
or agreement 20 creditors or the defenlan NJ
; Railroad Company who have presented tneis
/ claims IN accordance with the orders or sald
I Court IN said cause. or In any constituent
/ cause. and who have claims subordinate IN
/ lien and inferior I'm equity 70 the kefundlng
Mortgage or 20 the General Lien Mortgage.
b VII In case any bidder upon the accept
nc. Of his bid by the Special Master shall
fail 10 comply within the period OF twenty
days after tho entry thereon, with any orasr
OF the United States District Court for the
Eastern Division OF ths Esstern District or
+ Missouri requiring or relatiIs 70 the pay
nsnt OF the balance OF ths purchase Price,
/ then tho moneys or bonds or claims deposited
Z by such accepted bidder. as hereinbefore
/ provided, viii Be forfeited as a penalty for
! tuoh failure. and will be applied 10 tho pay
nent Of tho expenses OF recalls and toward
I making good any deficiency or loss In case
I tho property IN respect OF payment OF tho
purchase price Of which sucn sccsp,ed bid
/ der shall make default shall be sold a, a
! lees price on such resale, and TO such other
/ purposes as said Court may direct.
| II said Court shall not confirm any sals,
| the deposit made by the accepted bidder az
suoh sale will be forthwith returned TO such
/ bidder.
VII. Tho purchaser upon confirmation Of
3 tho sale shall make such further payment
/ OF payments In cash on account of the pur-
/ chase price as said Court may from time n
l tirns direct so much Of the purchase price
ls may not be required by III. Court TO be
/ laid In cash may either be paid IN cash or
I ths purchaser may satisfy and make good
/ the residue OF his bid IN whole or In part
/ b. turning over 20 the Special Master 10 be
I cancelled or credited. hereinafter provided.
/ tho bonds and coupons TO be PAID out OF tho
/ proceeds Of ssle on dlstributi In thereof
/ hereinafter set forth, and claim against tho
/ defendant Railroad Company allowed and
established In the above mentioned cause ana
10 be so paid. Said bonds and coupons shall
| be IN bearer form or accompanied by proper
/ transfers 70 the Special Master. and said
/ claims shall be accompanied ~ proper as
/ siknnents thereof 70 the Special Master.
! In lieu OF turning over 10 The Special Mas
tor bonds and coupons. the Special Master
Will accept the certificate OF any nationa-
bank or tru., company IN the city OF New
York or In the City OF 81. Louis accept
able 70 the Special Master that Il holds
subject 20 his order bonds the amount
I and character therein specified and. II In
/ bearer form. accompanied by the coupons
/ therein stated.
/ A purchaser shall bs credited on account
| OF IN. purchase price Of the property by him
/ purchased, for all bonds and coupons and
/ for all such allowed and established claims
so turned over 20 the special Master IN art
/ payment OF the purchase price such -urls ~
would be payable I'm respect TO such bonds,
n
OF the sale II the whole amount 81 the pur-
chase price were paid in cash. Said Court
reserves tho right 70 resell upon such notice
as the Court may direct, property sold 20
eny purchaser in case such purchaser shall
fail or omit to make any payment on ac-
count OF ,hs unpaid balance Of the purchase
price within thirty days after the entry OF
/ the order requiring such payment.
A purchaser shall not be required 70 pay
the amounts payable in cash. out az the
proceeds of the sale TO such purchaser, %
holders Of Refundins Bonds and the appur-
tenant coupon OF July l, 1914 or 10 holders
coupons of May |, is,. and NSGymoeT !;
on application Of tho owner OF any OF said
bonds or coupons enter its order or decree
directing the payment in accordance with
such order OF tho cash distributys share
OF the proceeds OF any sale 10 which the
bonds and coupons or any Of them In re-
spect OF which their owner shall make sp-
piication as aforesaid shall be entitled. Until
a purchaser hi, successor. and assigns shall
have paid in cash the distributiye share in
tho proceeds OF the sale 10 such purchaser
20 which any such bonds or coupons SHAH
be entitled either directly or IN accordance
with some order OF said Court or into Court.
said Court reserves a paramount lien ana
charge upon tho property sold 20 such pur-
chaser. and every part and parcel thereon
for IN. payment into said Court In cash OF
any unpaid part o. portion OF the purchase
price. and in case tho purchaser. his sue
cessors or assigns. shall for twenty Gays
have made ietault IN complying with the
directions OF any order tor such payment
made by said Court upon the application or
the owner Of any such bonds or coupons
then said Court may re,ake and may re
sell the property sold to the purchaser VINO
or whose successors or assigns shau 30
have made default. and at his or their cost
and risk
Neither any purchaser nor the successors
or ens OF sny purchaser shall oe required
70 see 70 the application OF tho purchase
ceptance OF a deed or deeds BY a purchaser
shall not be construed as an election 20 hc-
cept anv contract agreement or lease sold As
part OF the property offered pursuant 70 sald
Final Deere. or embraced In any deed.
* As provided In Article Ninth or salI
Final Decree. the purchaser or purchasers o.
an property described IN Article Twenty
sixth or Article Twenty seventh o. said tlnal
Decree and his and their successors ana as
signs shall as part OF the consideration Tor
and Of the purchase price OF the properly
purchased. and IN addition 10 the sums oid
BY them and elsewhere IN said Final Decree
required 10 be paid by him Oi them. take
such property and receive the deeds or otner