New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-01
MASTERS SALE

pledged 10 SECURE the payment OF a GER
tain note % the defendant Rsii"SS
Company TO the Board Of Hospital ser-
Vics Managers and described m Snodl.
vision - OF Article MI of said DEGREES
ord In subdivision OF Article II OF
the descriptive clause hereof
td) The sum Of $4,000 Tor al one.
properly od1udsed by said DEGREES no,
70 be subject - the lien OF tho said
Hirst and Refundtns Mortgage OF the
defendant Hallway Company, anu Ge
serieed On subdivision i Of Article NJ =,
OF said DEGREES aud IN Subdivision ID or
Article IL Of the descriptive clauses
hereof.
,sl The sum Of si5.oO.Ooo for tho
Property subject TO the lien OF SAID tlfst
'ud NefundiRg Nor ssse, aus descnoed
. ,rticis VII OF said DEGREES and In Arti-
~- I - the descriptive clauses hereof
~ The sum OF 81. 10000 for all tho
property described IN Article VII ana IN
Article XII OF ssIJ DEGREES and IN Aru-
cies 7 and ~ OF the descriptive clauses
hereof as an entirety.
and II such respective sum. shall not be
FOR tho property described ia Article VII
ard in Article XII % said DEGREES and M
Articles and 1T OF the descriptive
clauses hereof. as an entirety. the Special
Master will adjourn the ssia 81 such par,
eel or parcels for which the required
amount shall not have been hidden and
viii apply TO tho Court for further IN
s,ructions In respect thereof.
g. In case any bidder upon tbs accept
anCs OF his Did ~ tho special Master.
shall fail 20 comply. within the period %
twenty days after the entry Thereon, WITH
any order OF said United states District
Court FOR the Eastern District OF Mis-
souri, Eastern Division, requiring or re
lsJing 20 the payment Of tho balance OF
the purchase price, then NE moneys or
bonds or claims deposited BY such a.
b Cepted bidder. as hcrsinbefors provided
Will bo forfeited as "a penalty for such
failure, and viii be applied 20 the pay,
nd
toward makins good any dehcienov Or
loss IN case the property IN respect or
which such accepted bidder shall make
default shall be sold A. less price on
such resale. and 20 such other purposes
as said Court may direct
X said Court shall deny an application
20 confirm any sale. the deposit made by
sny accepted bidder a. such sale VIII
thereuDos' De returned 20 such bidder
s. Upon the confirmation OF any sale.
tls PURCHASED shall make such payment
OF payments IN cash on account OF the
purchase price as said Court may from
time 20 time direct
so much Of ne purchase price as may
not be required by said court 10 - PAID
IN cash may DO paid in cash or the pur-
.chassr may satisfy and make good the
balance 81 his bid IN whole or IN part by
delivering 20 tho Special Master 90 be can
celed cr credited. as provi led IN said de-
crees FRS. and Refundins Mortgage
Bonds OK the defendant Railway Com
PAM. 800 bearer form, and u coupon
bonds accompanied by the coupons apper-
tanning thereto due September J. 1915, and
subsequently, 20 be paid out or the pro
c-cts OF saie on distribution a. provided
iI said DEGREES. and claims against the
defendant Railway company which have
been or may he allowed and established
IN said consolidated cause In the United
states District Court for the Eastern Dis
trick Of Missouri. Eastern Division. and
are 70 le SO paid as boz Article XXI or
such decress provided. including any de-
H.| % HUH
and Reminding Mortgage Bonds and cou-
pons which may be allowed BY said Court
IN favor Of tho trustees OF said First and
BetundinG Mortgage or any oondholisr.
be allowed by said Court IN favor Uf the
holders OF any other bonds or obligs-
.I0us 81 the defendant RAILWAY Company
secured by mortgage or pledge OF col
cages or trust indentures given 70 secure
the payment OF such bonds or Obiga-
lions. and which are % be 80 paid
Regis cred bonds shall be accompanied
b. proper transfers 20 the Special Master.
and said claims shall be accompanied by
proper assignments tbteof 70 the Special
Master. IN Leu Of bonds and coupons or
claims. the special Master may accept
the certificate or certificates Of any
solvent bank. banding institution, trust
company Or banking firm within tho
United &ta'ri Of America or any EURO,
0e7u Cour'r'. acceptable 20 the Special
Master. that 10 holds subject 20 h. order,
or subject 70 me order OF the person or
persons, Or corporation therein named and
assigued 20 his order bonds - The
amount therein specified, and, Il On cou-
pom form accompanied ny tho coupons
therein specified. or claims or the re-
CURED character and or the amount there
10 specified accompanied by proper and
appropriate assignments lhereol, Trans
faTr.ug the same 90 the Special Master.
Toe purchaser viii be credited on &C
count Of the purchase price OF the prop
a
and coupons and for AT such allowed
. claims 50 delivered 20 the Special Master
i1 par, payment OF the purchase price.
Iith such sums as would be payable IN
respect o. sLcl bonds coupons and claims
OUT o, the proceeds OF he sale Or sales
made pursuant 20 said DEGREES II tho
whole amount Of the purchase price we're
paid in cash.
said Court reserves m. night 20 retake
and resell. upon such notice as said Court
may direct. any property sold 20 any
purchaser i1 case such purchaser shall
fJil or omit 90 make any pat ment on &C
count OF tue unpaid balance or the pur-
chase price within twenty days after The
entry OF the order requiring such pay
m-ut.
8 purchaser viii not be required 70 pay
20 the special Master the amounts pay
a0ls in cash, out Of the proceeds OF me
sale % such purchaser, In respect or any
Of Firs, and Kefun1ins Mortgage Bonds
snd appurtenauL coupons payable on
arte~ said Court shall, on application Of
the holder OF any OF said bonds or cOg-
o0ns, enter rs order or decree directing
me payment Of mo cash dstributivs
share " the proceeds Of the sale TO such
purchaser % which such bonds or oou-
r9u4. in respect Of which such holder
shall make application as Aforesaid. shsl
be entitled
sns shall have paid IN cash the dis
tributive share % the proceeds Of The
sal. 20 such purchaser 20 which All such
bonds or coupons saall be entitled, either
directly or ia accordance with some order
OF said Court or into court, said Court,
subject 20 its further order, reserves para
mount lien and charge upon tho prop
erty sold 70 such purchaser and every
part snd parcel thereof, for the payment
into said Court IN cd<E 81 such unpaid
part or portion OF the purchase price,
and IN case the purchaser, bis success
sors or assigns. shall Tor twenty DAYS
order FOR such payment made By said
Court then said tourt upon the applca-
tion OF the owner OF sny such bonds or
coupons. may Istaks and resell tho prop
erty sold 70 the purchaser, who or whose
SUCCESSORS or assigns shall so nave made
default. and az his or their cos, and risk.
\ purchaser snail not he required 20
see 90 the application OF tho purchase
money. nor bs snswsranIs IN any manner
whatsoever fcr any loss. misApplicslio n,
or non-application - any sueh purchase
money o. OF any part thereof.
As provided IN Article XNVIr Of
said deer .es. the purchaser Of the prop
ertv described IN Article VII Of said de-
crees and IN Article / OF tho descriptive
clauses hereof. as part OF the consider
ation fcr SAID property ana a. part % the
purchase price thereof. and IN addition -
IN. sums bid by him and elsewhere IN
said DEGREES required 70 be PAID BY him,
shall take such property and reeeivs the
deeds or other Instruments Of conveyance
and transfer thereof, upon the cypress
condition tnat ne or his SUCCESSORS or as
signs shall pay. satisfy and discharge:
"a ANY unpaid compensation which
has been or shall be allowed 20 Georss
O. Hitchcock. the special Master. sp-
noirted PRIOR 20 December 81, 1915. IN
sa'f consolidated causes. or IN the con-
.tftuent causes n which Guaranty Trust