Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1916-12-13
Loyal NatirM

for said respective parcels.
Yarmouth steamship Comps Ltd, pledged
% aforesaid, shall have been sold prior TO the
sale In enforcement Of said pledge, then the
eel and Is au entirety all the remaining prop
steamship Cooperation. ard its receivers.
speci.i masters :. - vii soseps n. ssss.. and
best bid therefor and will knock down said
property to such bidder subject to ccnhrma-
ton OF the sale by the court.
In making the sale directed BY said DEGREES
the special mas ers will accept no bid from
any bidder for the property TO be sold when
e9I +, ~ M
sale As 10 sub-paragraph ~ hereof pro- ided,
or when offered Tor sale as in sub paragraph
any such Offering by the special masters for
sale. have de posted with the SPECIAL masters.
as pledge tina, he will make good his bid in
the even. q It's acceptance, the sun o. nve
some national bank or trust company &C
ceptabie to the special masters. and made or
endorsed payable to their order. deposit
go d. when offered tor sale - In sub para
graph ID hereof provided, may be spplted ON
account Of the deposit requires to be made TO
when offered for sale with other property as
an entirety As In sub paragraph tc) hereof
provided. No deposit win Be required 70
Of the Boston and Yarmouth Steamship Com
papy, Ltd, when offered for sale ~ in sub
paragraph ta) hereof provided.
full bidder will be returned TO him when the
property shall be struck down. The deposit
received from the successful bidder or bidders
will be applied on account Of the purchase
price. In case any bidder upon the accept.
ance OF his bid by the special masters shall
fail to comply, within the period Of thirty tSo)
OF the district court Of the United States Tor
the district of Maine requiring or relating TO
the payment OF the balance OF the purchase
posted by such accepted bidder. ~ herein
before provided, will be forfeit ed A. penalty
for such failure, and will be applied TO the
toward making good any dehcienc or loss in
case the property in respect Of payment OF the
purchase price OF which such accepted bidder
shall make default, shall be sold a. . less
price on such resale, and to such other pur-
poses as said court may direct.
II the court shalt not confirm any sale, tire
sale will be forthwith returned to such bid
der.
BY the District Court OF the United States
The purchaser, on confirmation OF the sale.
must make such further payment or pay
price as the court may from time to time
direct. So much Of the purchase price IS
may not be required by the court TO be paid
cash may sast e pasa m M cs sooa ne ne
residue OF bis bid in whole or In part BY
turning over to the special masters 70 be
cancelled or credited or satisfied in whole or
Eastern Steamship Corporation Heretofore
SLOWED and established Is . valid claim or
demand Against the Eastern steamship Cor
poration and entitled TO be paid out OF the
proceeds Of sale on distribution thereof, in
GLIDING any deficiency Judgment or 1udg.
ments which may be obtained in respect q
the First and Refundiug Mortgage Gold
Bonds Of the Eastern steamship Corporation,
secured by its mortgage or deed OF trust,
dated January 10, 1917. purchaser viii be
the property by him purchased for any sach
deficiency Judgment or judgments and for All
such allowed and established claims and de-
in part pay me MT OF the purchase price. such
sums as would be payable TO such purchaser
in respect Of such deficiency Judgment or
Of the proceeds OF the sale II the whole
amount OF the purchase price were paid in
cash.
The purchaser or purchasers Of any prop.
erty by said DEGREES directed to be sold and
his and their successors and assigns will.
under the Terms OF said DEGREES. take the
ceive the deeds or other ipstru ments OF con-
veyapce transfer thereof subject TO all
taxes. assessments and other public charges
also, Is to the parss thsrsof covered thereby.
to any valid and subsisting liens thereon,
In favor q any person. nrm o. corporation
nOt o Daily 70 o0l0 COB9OiluntcO C8Q8c Ptno-
ing As Aforesaid in the district court Of the
United states for the district OF Maine or
the constituent causes consolidated into said
The purchaser or purchasers of any
property by said DEGREES directed to be sold
Will also, ~ part Of ths consideration for
sS1 e e. .pS Il
deeds or other instru ments Of conveyance and
transfer thereof upon The eaPress condition :n 70
payment, satisfaction and discharge Of the
following:
espensss a,lo1ed in said consolidated cause
pending - Aforesaid In the district court Of
ne United States for the district Of Maine,
"a in the ancillary proceedtnss heretofore In
porstion BY said Berwind- W bite Coal Mining
Com pany in the district courts OF the United
States for the di.triet Of A.ssachg1etts and
the Southern dfstrics OF New York, and
ordered 10 be paid out OF the proceeds Of
the sale directed BY said DEGREES. but only
to the extent that saia proceeds. and any
cisn. 70 sa,isiy and discharge the same.
(B) All liabilities, indebtedness and obligs-
tions OF the receivers OF the Eastern Steam
ship Corporation heretofore. or n any time
hereafter before the property purchased shall
be delivered - the purchaser or purchasers.
legally contracted or Incurred BY such re-
ceivers in the management or operation or
on account Of the property purchased, which
shall remain unpaid or unsatisnsd After first
exhausting amy funds in the hands Of such re-
ceiyers especially applicable TO such purpo:e.
The eouIt has reserved the right in case the
property embraced in sub paragraph (A) and
(b) hereof shall be sold to different pur-
ohasers, 70 Apportion. - between said par
cells, the items mentioned in the foregoing
SUB divisions a and B TO which both may
be subject and to charge against the re-
spective parcels their proper proportion Of
such items.
For more complete statement OF the
terms and conditions upon which the sale
directed Dy said DEGREES will be made. and
for other particulars. intending purchasers
are referred to the record In said causes
pending - Aforesaid In said District Courts
Of the United States for the district Of Maine.
the district og Massachusetts, and the south
err district OF New York respectively. and
more specifically 70 said DEGREES Of sale made
and entered b. said courts ~ Aforesaid.
The sttsntion Of intending purchasers il
also called to the advisory statement to Be
hled with the clerk OF the District Court Of
the United States for the district Of Maine
prior 10 the sale by Calvin Austin, ~ one Of
the receivers Of East I'm Steamship Corpor-
ation, pursuant to article eleventh Of sid de.
cree IL sale made and entered ~ the District
Court Of the United staess Tor The district q