The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1916-03-22

At Savannah, Georgia, and more PARE
ticularly to the bill Of complaint as
amended and TO the decree Of Feb.
-. 1916.
because of the recent creation Of
new counties in Georgia some con-
fusion may exist in the descriptions as
10 the exact location Of the property,
but further particulars can be OBJ
tanned from said pleadings and SAID
decree and exhibit thereto attached
and from the deeds therein referred 10
by date and book and page of record
Particular attention is called to the
fact that some Of the timber above
described has been cut and removed
and that some Of the leases, rights-of-
way and other privileges have expired
and that some of the property above
described has been exchanged, re-
placed or added to by other property
and equipment, and the express IN
tentioB is hereby declared TO sell the
property as a whole as il now stands
and as going concern to be taken
over as of April l, 1916, including
everything which the said the Hilton
Dodge Lumber Company now owns or
has in possession and that said receiv-
ers now own or have in possession or
TO which said company or said recelV-
ers may be entitled at law or
in equity, regardless of any mac
curacies and variations of description,
simply separating the mortgaged from
the unmortgaged property into par
GELS ! and III as set forth in said de-
cree Of Feb. "a 1916, and special ref
erence is hereby made to page OF
said decree for further particulars as
to said parcels ! and ii, respectively.
Each person intending to bid on par
Gel ! must make a preliminary deposit
of $40 900 in cash or by certified check
and each person intending to bid on
| marcel II must make a like deposit OF
$1,000. Unless such deposit is made the
bid viii be disregarded and sale pro-
ceeded with as though such bid had
not been made. All moneys or checks
so deposited by successful bidders
shall be on account of purchase price.
preliminary deposits by unsuccessful
bidders shall he returned at the con-
clusion of the bidding.
| Any and all sales made hereunder
shall be, and are, subject to confirma-
ton by the court -
! Within thirty days after ~confirma-
'tion by the court of any bid or sale of
all of said property or either parcel
Thereof the successful bidder shall pay
Ito said commissioners the balance of
llpurchase money due on his bid, and
IluDon his failure to do So the cash or
IlchecSs deposited by him with the
licominissiener at the time the prop
lierty was knocked down to him shall
l.be forfeited as penalty for such fail
lure and shall be applied toward pay
liment of the expenses of such sale and
toward making any deficiency or loss
in case the property should subse-
quentiy be sold for less than the price
bid by him and toward making good
any other loss occasioned by such
| failure.
I Should sale not be finally confirmed
without fault on the part of sue
| cessful bidder, the amount deposited
by him will be returned to him with
out reduction.
Any successful bidder and purchaser
of said property or either parcel
| thereof shall after making the de-
| post hereinbefore required and pay
| ing in cash to the extent of his bid
| such amount as may be necessary to
| discharge all costs and all prior al
| lowances, claims or liens. be entitled
to appropriate and apply or use to-
ward the satisfaction of his bid and
! the payment of the purchase price
| offered by him the amount adjudicat
| ed i'm said decree to be due him and
| the amount adiudicated therein to be
| due any person or corporation if duly
assigned by a writing lodged with
said commissioners to such bidder
! hy the person or corporation for
whom Judgment has been rendered
| in said decree reckoning each adjudi-
Gated indebtedness SO appropriated
and used at such sum as shall be
| payable on account thereof out of
! the net proceeds of the sale or sales,
and any successful bidder or pur-
| chaser shall also be entitled to APP
propriate or apply and use toward
| the payment of any purchase price
any bond or bonds and cor coupons
| adjudged in said decree to have been
issued under the terms of said mort
! cages and which are in said decree
| adjudged entitled to participate in
| the proceeds of such sale, reckoning
each bond or coupon so appropriated
and used at such sum as shall be
| payable on account thereof out of the
net proceeds of the sale or sales
| For a more ample statement of the
terms upon which said sale will be
made and all other particulars, all
| persons are referred to the record in
| said consolidated cause, and more
| particularly to said decree of Febru-
| airy gath, 1916, duly rendered therein.
NEYLE COLQUITT, "a
| GORDON SAUSSY,
| q Commissioned