New-York tribune., 1916-07-10

/ bearer FORM anu IT w A 10 D..
! nosi, made by any bidder FOR . sepA' o.. -
| parcel or sub parcel may, - ,b. deposit
plicable. be applied on account - ousll,y him
| ,cnuircI 10 be made IN order 70 lua''. .,,arcd
| ,o MD Tor the same property "heh ,f,o,.'
! for sale With other property as an n.,,,1sss.
Any deposit 80 received rom s1 ,, .hen IN.
/ ,J Iiddor will be returned 20 nim "h,n ,,.i,
! ,rorortv shall be struck down. ne III
I recelvcd from the successful pen, ,he nur-
| d.rs vii be applied on account u '"D F
/ ,hage price Of the property. .,, rid
The Special Master VIII not aoo'p' ""'
''ss ss, for N. property pledged to the com,
plalnant North American COMPANY "
o' M for the property embraced IN 80 me eoo re
fundlng Mortgage. ihs sum OF ,D. Gen
lcj for the property efnD'',s' ,rn,,crty en-
erai Lien Mortgage other ihan mo',h 30 sun
,@' t'raced in rhe Refunding Mortgage U' '''"
Of 900 90. .,,hr.c.d In either
the RefIndlng Mortgage o' INN ~ 80. b.
] Mortgage as an entirety ths s'"
o"~; to, Tho property Of the defendant ns,-
rosf compauy specified In Nu,le IN ~
| ninth of said Final Decree the BUM
: ~ for the property. a. an cntlIeees,t y, ~
,bc dcsondsnt Hallroad Company sps..''', e -,
| Artirle Twenty-sixth. Artipe VIZ 'g,,al
cnth and Article Tw..nt IN -l,s6n w -
T Decrce the sum ~ so HV'V' - tta from
,rbe spocial Master will accep' no bla - ~ t,
I any one who shall NOT. prlot ~ a." I'm the
l 10 Spocial Master for sale, NE "Nu b.
/ g.taT vss,or n statement whether ~
! proposes 70 bid on behalf OF rhy, ~ ,be
| lion organized. or 20 be ofgahlIfI' -" Ill
| purpose or with me lnten',on a,d,,y ,r ar am
! become the owner Of said pfopeIty, y, 49,. 90.
/ ,,.rt thereof or any beneficial interest Ih,,s r
2 in through any sale under sdtp ,,,.. NO .
F rec pursuant 10 any scheme plan pl SslIt
I mont whereby any stocthoin'I OF 80 hsil
/ crs 81 The defendant Rairoa ''mpahy 49,
/ receive any stock. bonds or "'''i D'n ,, -
interest iu such corporaiiou ~, ~ -, com
I their stock In the defendant ftahiVai -
,snv .lfhough he or they may pay sum,
/ other consideration IN addition theIttVi 81" 81"
/ II So also file a complete statement ~ az
| such scheme or q copy OF fueh pau ~
[ a1r.arnent and a statement u any oHsio >
| which have been ma ie under or pu' 'Su".s
/ ~ or I'm connection with sucb s'h'H'' b'e''
/ or a~re.uent TO creditors Of the dei'h'l'hs
/ Railroad Company who have pfe-ehltu W.
' ,Isi,ns in accordance with the orders OF Sall
Court Boo said cause. or in any 'ohs'',-'i,s
+ cause and who have claims slbo.pilal, ~
lien and Inferior in equity 10 me is.i uil...ue
vortsage or 10 the General Lien MOT gage
Iii In case any bidder upon the accept,
snc. Of his bid by the Special Master shail
fall to comply within .ns pesiIb i,b S snv ord.r
~ the United States District Court TOT ths
Eastern Division Of the Eastern Dls'rlct OF
Missouri requiring or re,s.ius "a. 1,,rcbss. pic.
,n.n IN. moneys or bonds or claims depositen
nv such accepted bidder, as nereinoei9re
! nrovided will be fOrfeltcG az a p'he'Ns 49,
tuch failure. and will be applied 70 IN. pay,
mont OF the expenses OF a resale ana to"aFp
/ making good any deficiency or loss III 0as7
the property in respect OF payment OF th'
purchase price OF which such accepted pa
der shall make default shall be soid a. a
/ loss price on such resale and 20 such othef
I purposes az said Court may direct.
n said Court shall not confirm any sale,
| tho denosit made by the accepted bidder az
such sale will be forthwith returned 70 SUCH
/ bidder. .., 81,
/ VIII The purchaser upon conhrma ZION OF
I IN. sale shall make such further payment
/ or payments in cash on sccoun, or the pul-
/ chase price as said Court may from time %
| time direct. SO much OF the purchase price
/ as may not b. required by ths Court 70 be
4 raid I'm cash may either be paid IN cash or
/ The purchaser may satisfy and make gool
/ the residue OF his bid in whole or IN part
/ ~ turning over 70 tho Special Master 20 %
/ "a sncelled OF credited a. hereinafter provided.
the bonds and coupons 20 be pai1 out or the
/ proceeds Of sale on distributi N thereof as
/ hereinafter set forth, and claim against the
defendant Railroad Company allowed ana
established IN the above mentioned cause and
/ TO be 30 paid. Said bonds and coupons snall
/ be in bearer form or accompanied by proper
/ transfers 10 the Special Master. and SAID
/ claims shall he accompanied uv proper as
signments thereof 10 the Special Master
; In lieu OF turning over 10 the Special Mas
ter bonds and coupons, the special Master
. viii accept the certificate Of any nationa-
bank or trust company In the city of ~"
York or I'm the City of -. Louis accept
af1a the Special Master 1Id' IT NNlA7
D. subject 10 his order bonds the amount
and character therein specified and, II IN
bearer form. accompanied By the coupons
4 therein stated.
/ Of the purchase price Of the property by him
/ purchased for all bonds and coupons and
for all such allowed and established claims
/ so turned over 70 the Special Master IN arr
4 pavmenf OF the purchase price such -urls ~
| would be payable in respect 20 such BONDS
r coupons and claims out ~ the proceeds
81. 81. MI HnH ~ o.
chase price we're paid I'm cash. said court
reserves the right 10 resell. upon such notice
a. the Court may direct. property sold 10
any purchaser in case such purchaser shall
fail or omit 70 make any payment on ac-
count Of the unpaid balance ~ tho purchase
price within thirty DAYS after tho entry OF
the order requiring such payment
\ purchaser shall not be required 70 pay
the amounts payable IN cash. our % tho
/ proceeds Of the sale 70 such purchaser. 20
/ holders of Refundins Bonds and the appur-
tenant coupon of July l. 1914 or 70 holders
OF General Lien Bonds and the appurtenant
coupons of May !. 1914. and November J.
1910 until ton 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 dlstrbutiye share
of the proceeds ~ any sale 70 which the
bonds and coupons or any Of them IN re-
spect Of which their owner shall make ap-
plication as aforesaid shall he entitled. Until
/ a purchaser. his SUCCESSORS ana assigns snail
/ the proceeds Of the sale 20 such purcha scr
7 20 which any such bonds o. coupons shall
he entitled. either directly or I'm accordance
i with some order OF said court or into Court.
said court reserves a paramount lien ana
+ charge upon the property sold 10 such pur-
/ chaser. and every part and parcel thereof
/ for the payment into said Court In cash or
any unpaid part or portion Of the purchase
+ price. and i'm case the purchaser. his sue
cessOrs or assigns shall for twenty days
/ have made .iefsult In complying with the
I directions ~ any order FOR such payment
made hy said court upon the application or
/ the owner Of any such bonds or coupons
/ then said Court may retske and may re-
/ sell the property sold 10 the purchaser who
4 or whose Successors or assigns shall 50
/ have made default and at his or their cost
3 and risk
| Neither any purchaser nor the successors
or ass ens OF anv purchaser shall be required
Ito see 10 the application OF the purchase
money. The fact Of purchase and the ac-
shall not be construed as an election 70 ac-
cept any contract. agreement or lease sold a.
part OF the property offered pursuant 70 said
/ Final Decree or embraced IN snv deed.
IN. As provided In Article Ninth ~ said
Final Decree the purchaser or purchasers OF
any property described n Article Twenty
! sixth or Article Twenty seventh % said Final
Decree. and his and their successors and as
signs. shall. as part Of the consideration for
and OF the purchase price OF the property
purchased, and In addition 10 the sums hid
bv them and 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 ant transfer