New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-06-26
NOTICE OF SALE.

! In bearer form, ana. " IN coupon iV''n' =.
/ companled By the required coupons de-
post made by any bidder for n seps'ats
parcel or sub parcel may, so far as hP
plcsble. he applied on account Of tns .epD -
required 20 be made In order 70 gua'ly u.a
70 bid for the same property when oneItp
for sale with other property as an ehuity
Any deposit received from an unsuoceSs-
fui bidder Will be returned 20 MIN "hsn W.
property shall be struck down. The depoSN
received from the successful bifder or Dil-
ders will be applied on account OF tho PNf
chase price ~ the property -, "a
The Special Master Will not accept any D''
os) Tor the property pledged TO the com
plsinsnt North American Company the SUM
OF $500 900.
10, Tor tho property embraced In the Re-
funding Mortgage the sum Of f25.pO~g,
(c) for the property embraced In the Cen
eral Lien Mortgage other than property en-
braced In The Hefunding Mortgage the sum
Of SO 900. ono. 49,
tdD Tor All the property embraced In either
tho RefInding Mortgage or the General iarh
Mortgage as an entirety. the sum OF 40
10, FOR the property ot the defendant Rail-
road Company specified In Article I"ehy
ninth Of said Final Decree. the sum OF
ri for the property. as an entirety, OF
the defendant Railroad Company spec,eo "a
Article Twenty-slxth. Article Iwentyv ysesI
enth and Article Twenty ninth OF sain rlna'
Decree the sum Of 81. 10000.
The Special Master will accep' no bi1 from
any one who shall not. prior TO any oner ~
tho Special Master for sale. file WIN ths
Special Master a statement whether no
proposes 10 bid on behalf Of eny corpora
lion organized or 10 be organized. Tor me
purpose or with the intention mat u snAh
become the owner Of said property, or any
mart thereof or any beneficial interest there
in. through any sale under SAID Flnal DC
cree. pursuant 10 any scheme, plan or agree
ment whereby any stockholder or stochnyli, ,
ors Of the defendant Railroal Company snail
receive any stock. bonds or r'per benehclal
interest In such corporation on account OF
their stock In the defendant Railroad com
rany. although he or they may pay some
other consideration In addition therefor. ana
n So also file complete statement OF any
such scheme. or a copy or ruch pan or
agreement. and statement )f any offers
which have been made under or pursuant
10 or IN connection With such scheme. plan
or agreement 10 creditors OF the Defendant
Railroad Company who nave presented thei,
claims In accordance with the orders or sara
Court In said cause. or In any constituent
cause. and WHO have claims subordinate IN
lien and inferior In equity 70 the Refundins
Mortgage or 20 the General Lien Mortgage.
VII In case any bidder upon the accept
ance Of his bid by the Special Master snail
fail 10 comply, within the period OF twenty
DAYS after the entry thereof. with any order
OF the United States District Court FOR the
Eastern Division OF the Eastern District or
Missouri requiring or rela,iHs 70 the pay
rnent Of the balance Of the purchase price,
then the moneys or bonds or claims deposited
by such accepted bidder, hereinbefors
provided. will be forfeited a penalty for
such failure. and will be applied 10 the pay
nsnt OF the expenses Of a resale and toward
making good any deficiency or loss In case
the property In respect OF payment OF the
purchase price Of which such accepted bid
der shall make default snail De sofa AZ
less price on such resale, and 10 such other
purposes as said Court may direct.
II said Court shall not confirm any sale
the deposit made by the accepted bidder at
such sale will be forthwith returned to such
bidder
VIII The purchaser upon confirmation OF
the sale shall make such further payment
OF payments in cash on accoun' Of the pur-
chase price as said Court may from time -
time direct. So much OF the purchase price
81 may not be required by tn. Court 10 be
raid In cash may either be paiQ In cash or
the purchaser NAV satisfy and make good
the residue Of his bid IN whole or In part
ty turning over 10 the Special Master 10 be
cancelled OF credited. as hereinafter provided.
the bonds and coupons 10 be PAID out OF the
proceeds OF sale on distribution thereof as
hereinafter set forth. and claim against the
defendant Railroad Company allowed and
established In the above ment Toned cause and
TO be so paid Said bonds and coupons shall
be In bearer form or accompanied by proper
transfers to the Special Master. and said
claims shall be accompanied ~ proper as
signments thereof 10 the Special Master.
In lieu OF turning over 70 the Special Mas
ter bonds and coupons. the Special Master
Will accept the certificate OF any nations-
bank OF trust company In the city OF New
York or in the City Of ST. Louis accept
able 10 the Special Master that It holds
subject 10 his order bonds Z the amount
aud character therein specified and. II In
bearer form. accompanied by the coupons
therein stated.
A purchaser shall b. credited on account
+ Of the purchase price Of the property by him
pure based for all bonds and coupons and
for all such allowed and established claims
so turned over 10 the Special Master IN art
payment Of the purchase price such Lur1s az
would be payable In respect TO such bonds,
coupons and claims out Of .he proceeds
OF the sale II the whole amount OF the pur-
chase price were paid I'm cash. said Court
reserves the right TO resell, upon such notice
a. the Court may direct. property sold 70
any purchaser In case such purchaser shall
fail or omit TO make any payment on ac-
count Of the unpaid balance or the purchase
price within thirty days after the entry OF
the order requiring such payment.
4 purchaser shall not be required 70 pay
the amounts payable in cash. out OF the
proceeds Of the sale 10 such purchaser 20
holders Of Reminding Bonds and the appur-
tenant coupon Of July ]. 1914. or 70 holders
OF General Lien Bonds and the appurtenant
coupons OF May l. 1914 and November /.
1914 until cen DAYS after said Court shall
on application Of the owner OF any OF said
bonds or coupons enter its order or decree
directing the payment IN accordance with
such order OF the cash distributive share
Of the proceeds OF any sale 10 which the
bonds and coupons or any or them IN re-
spect Of which their owner shall make ap-
plication as aforesaid shall be entitled Until
a purchaser his successors and assigns shall
have paid in cash the dis.libutive share I'm
the proceeds Of the sale 10 such purchaser
20 which any such bonds or coupons shall
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 the property sold 70 such pur-
chaser. and every part and parcel Thereon.
for the payment into said Court In cash OF
any unpaid part or portion OF the purchase
price. and IN case the purchaser. his sue
cessors or assigns. shall for twenty days
have made default I'm complying with the
directions OF any order for such payment
made by said Court upon the application or
the owner Of any such bonds or coupons.
then said Court may retake and may re-
sell the property sold 10 the purchaser VINO
or whose successors or assigns shall 80
have made default. and at his or their cost
and risk
Neither any purchaser nor the successors
or sns OF anv purchaser shall be required
TO see TO tho application OF the purchase
money. The fact OF purchase and the ac-
ceptance OF a deed or deeds by a purchaser
shall not be construed as an election to ac-
cept anv contract agreement or lease sold as
part OF the property offered pursuant 10 said
Final Decree or embraced In deed
* As provided In Article Ninth OF said
Final Decree. the purchaser or purchasers or
any property described IN Article Twenty
sixth or Article Twenty-seyenth % said Final
Decree. and his and their successors and as
signs. shall. part Of the consideration Tor
and Of the purchase price Of the property
purchased and In addition 10 the sums bid
hv them ard elsewhere In said Final Decree
required 10 be paid by him 81 them, take
such property and receive the deeds or other
instruments OF conveyance AMI transfer
thereof upon the express condition that he
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