New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-08-27
MASTERS SALE

only as an entirety. all the property adtucged
by said Final Decree TO be embraced In the
First Mortgage Of The Cincinnati, Dayton
and Chicago Railroad Company. and VIII
strike on and sell the same TO the highest
bidder subject 10 confirmation OF the sale
by the Court.
The Special Master will not, however. ac-
cept any bid for said property lees than the
sum Of S275. 600: and II such required sum
shall not be bid the Special Master will sd-
journ the sale and apply TO the Court for
further instructions in respect therof.
The Special Master will receive no bid
from any one Offering to bid who shall not
first deposit with him as condition prece-
dent 10 his right TO bid and as pledge that
such bidder will make good his bid in case
OF Us acceptance by the Special Master ana
confirmation BY tho Court the sum OF $4,000
I'm cash, or by certified check upon any ma
tional bank or trust company In the State OF
Ohio or tho City OF New York acceptable 10
the Special Master. and made or endorsed
payable TO his order or In lieu OF said de-
poslt in cash or by check, 5000 900 face
amount OF First Mortgage bonds in bearer
form, bearing tho coupons sppurtenant 10
SUCH bonds maturing october l. 1915 ana
subsequently.
Bonds and coupons with the Special Master
hereby permitted. the Special Master will &C
cept the certificate OF The New YORK trust
Company that IL holds subject to his oroer
the amount therein specified OF FIRST MOT
the coupons therein stated. The deposit re-
celyed from any unsuccessful bidder viii be
returned 10 him when the property has been
struck on. The deposit received from any
successful bidder will be held by the special
Master subject TO the orders OF said Court
and upon confirmation OF the sails VIII ne
applied on account OF the purchase price OF
tho property $500.
ance OF his bid by the Special Master shall
fail 10 comply within the period OF twenty
DAYS with any order OF the Court requiring
or relating 10 the payment OF the balance OF
the purchase price, then the sums oeposI,eu
bv such accepted bidder as hereinbefore pro-
vid,d whether in cash or b. cheek or repre-
scented by First Mortgage Bonds. VIII De lo,,
fei,ed as penalty for such failure ana VIII
~ a resale and toward making good any de-
hci.pcy or loss in case the property shalI oe
sold at a less price on any such resale ana
for such other purposes as the Nourt nlsy
direct II the Court shall not connrrn any
sale. the deposit made by the accented plo-
49, lii n. forthwith returned 10 such bidder
VII The purchaser, on confirmation OF
IN. sal. by the Court. shall make such iur-
Their payment or payments in casn on sCCouht
~ ,hs purchase price as the Court may from
lin. 70 lin. direct. So much OF tho pur-
chas. uric. as may not be required ny INC
Court 10 be paid in cash may either pe psIn
in cash or any purchaser may eausiy OF
max. good such residue OF his bid IN "hoIe
or in mar, by turning over TO tbs Special
Master TO be cancelled or credited, as nefelh,
after provided, First Mortgage Bonas ana
coupon. thereunto appertainins In Heu OF
az ,urninr over 10 tho Special Master flrst
Mortgage Bonds and coupons, tho epecisi
Master will accept the certihcate OF Inc
New York Trust Company that " hoios SUI
Zee, 10 his order the amount therein speS'ne9
Of Yir,t Mortgage Bonds in bearer FORM ana
,oconpani.d by the coupons therein s'ateo
. rurcb,s.r will be credited on account or
IN. purchase price for First Mortgage bon1s
and tho coupons thereunto apPertalillnb
turned over in part payment OF the purohas,
,,,c. such sum as would be paid IN cash
nan such First Mortgage Bonds and coupons
oat OF the proceeds Of sale II the whole
amount OF the purchase price had been paid
in cash The term purchaser Wherever
u,,d in this Notice or In said Final Dectee
Include. the plural in case there .hal b,
NOR. than ons purchaser Of any properly
sold hereunder
VIII The Court reserves the right 10 re-
,.l the property sold 10 any purchaser upon
,uch notice as II may direct al the risk ana
cos, Of such purchaser. in case such purchaser
shall fan or omit 20 mako any payment on
account OF the purchase price within twenty
d.y. after the entry OF any order requiring
,ueh psyn.n, Neither any purchaser, nor
nj, ,t,cc.ssors or assigns. shall be required
10 see to the application OF the purchase
money Each purchaser shall have the rlsn,
20 enter his appearance IN sara 'o''' anu
10 become a party 10 the cause .
* As provided in Article xxx 81 szld
pin.I pecrs. purchaser Of said property shall
,sk. the rams subject 10 all taxes asssss-
m.n,. and other charges that are lien on
said property. and as part Of the considsra-
ton for ssid properly and as par OF the
nufchs,s price thereof, and In addition 20
IN. sums hid by him. and elsewhere In taio
Final Decree required 20 b. paid by him
hall ,sk. such property and recely. the deeds
or other Instruments 81 conveyance ana
transfer thereof upon tho cypress condition
,bst n. or his successors or assigns shall
nzy satisfy and discharge any unpaid indebi-
sdn.ss ana liabilities OF the RECEIVERS of Tho
Cincinnati Hamilton and Dayton Railway
Company (sJcsp' tsyss ana sss'.tments ~
sfor.sAldJ incurred IN the management ana
oD,ration Of the properly subject 20 the
IL. Aa..,Haa. la III aIIanI IhhI fheY ShalI