New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-13
MASTERS SALE

Article MI o. salc cecrces ant n SUI
division Of Ar,icIs II Of the dsscrip-
Cc) The sum OF 80 for TIRE property
pledged 70 secure TIE payment OF a 90
taln note Or the defendant Hallway
Company % the Board % Hospital set-
vice Managers and described IN suodl-
vision 0f Article MI OF said ceefees
sud Boz Subdivision % Article II o.
the descriptive clauses hereof
90 The sum OF 1850 coo cor all other
properly adtudEsd - said DEGREES not
20 % SUBJECT 20 thu lien OF Tho sal
First and Refundins Mortgage % ths
defendant Railway Company. and de-
Ecr.bed ln Subdivision u % Article MI
OF said DEGREES and m Subdivision d OF
Article III ~ ne descriptive causes
hereof.
lsl The sum OF sIs400.O0o for the
property subject 20 the lien or said Flrst
and R-fcud.ug Mortgage. and described
ia Article VII or said DEGREES and IN Arti-
C.e I ~ the descriptive clauses hereof
20 The sum q 3lS.I5e029 for all the
properly described in Article VII ana IN
Article XII Of said DEGREES and IN Arti-
Cies I and III % the descriptive clauses
hereof, as an entirety
ard y such respective sums shall not be
DID for any or said parcels. nor said sum
for tie property described IN Article vi
and .n artc.e XII % said DEGREES and IN
Articles and III % ths descriptive
Master viii adjourn the sale % such par
eel or parcels Tor which the required
a cunt shall not have been eidden and
will apply 20 tha Court Tor further IN
st-uctlons IN respect thereof
:. IN case any bidder UPON ms accept
a0ee ~ his bid by Ms Special Master.
shall fan 20 comply, within the period or
twenty days after the entry thereof. with
ANY order OF said United states District
Court Tor tbs Eastern District o. MS
souri, Eastern Division requiring or re.
.ating % ths payment OF the balance OF
the purchase price. then the moneys or
bonds or claims deposited by such sc-
cspted bidder. as hereinhofors provided.
viii be forfeited az penalty for SUCH
msut 0f the expenses % resale. ana
toward making good any deficiency Or
loss m case the property y respect OF
which such accepted bidder shall make
default shall Be sold az less price on
such resale. aud 90 such other purposes
ss said Court may direct.
X said Court shall deny an application
any accepted bidder a. such sale viii
thsreuuar be returned 20 such bidder.
5. Upon tho confirmation Of any sails.
tho purchase shall make suoh payment
or payments '8 cash on account OF che
purchase price az said Court may from
tins 20 time direct
So much o., the purchase prizes as nav
r0t 5a required by said Court 20 be paid
IN cash may be paid "a cash or the pur-
chaser may satisfy and make good the
balance ~ his bid m whole Or IN part BY
delivering 20 the Special Master 20 BE can
.aIad or credited. as provi Tod in said de-
c.ees, Ftrs- and Rsfundins Mortgage
Bonds 81 the defendant Railway Com
osrE. i1 bearer form and. y coupon
bonds. sccomps MED BY the coupons apper-
tanning thereto dus September 1. 1918. and
subsequently,. 20 Is paid out OF the pre-
.-eIs or sale on distribution as provided
p san DEGREES. and claims against ne
defendant Railway company which have
been or may 30 allowed and established
IN said consolidated cause In the United
states District Court for the Eastern Dis
I'd 80 md
are go be 80 paid a. In Article XXI Or
such DEGREES provided, including any de-
nciencE claims lu respect or SUCH fifsL
and Reminding Mortgage Bonds and coI-
p0us which may be allowed by said Court
% favor Or fHo trustees of said First and
Reminding Mortgage or any honthOlders.
and a SO any deficiency claims which may
10 allowed b. said Court IN favor OF the
lions % The defendant Railway Company
secured By mortgage or pledge OF col
lateral or % the trustees or the mort
cages or trust iudertures given 20 secure
r.e payment Of such bonds or obliga-
lions. and which are % be 20 paid
Reg stored bonds shall BE- accompenie Ted
by proper transfers 20 tbs Special Master,
and said claims shall b. accompanied BY
proper assignments thereof 20 the Special
Master In leu OF bonds and coupons Or
claims. tne Special Master may ACCEPT
solvent bank. banking institution. trust
company Or banking frm within the
United States OF America or any Euro
D-an country, acceptable 20 the Special
Master that 81 holds subject 20 bis order,
or subject 70 the order Of the person Or
persons, or corporation therein named and
assigned 70 his order. bonds u me
amount therein specified. and, II iu cou-
. pom form accompanied by tbs coupons
therein specified. or claims u the re-
duircd character and Of the amount there
ln specified accompanied by proper and
appropriate assignments thereof, trans
ferriug the same O. the Special Master.
The purchaser VIII 30 credited on ac-
count % the purchase price 81 the prop
erfv E." him purchased FOR al such bonds
and coupons and for AL such allowed
claims so delivered 10 the Special Master
iu part payment Of the purchase price
with such sums would be payable in
out Of the proceeds OF the sale or sales
made pursuant 90 said DEGREES II ths
whole amount Of the purchase prizes were
paid in cash.
said Court reserves the right 10 r.talSs
and resell. upon such notes es said Court
may direct. any property sold 20 any
purchaser i0 case such purchaser shall
f1I or omit 90 make any payment on &C
count OF tie unpaid balance OF the pur-
chase price within twenty days after chs
entry Of tbs order requiring such pay
msut
4 purchaser wHl not be required 20 pay
70 the Special Master the amounts pay
able In cash. out Of the proceeds cf the
sale % such purchaser. ia respect or any
OF First and RefmdiHs Mortgage Bonds
and appurtenant coupons payable on
afte- said Court shall. ou application OF
the holder o. any 0t said bonds or cou-
D9us. enter lts order or decree directing
The payment OF the cash distributlvc
4ra-s u me proceeds of me sale 10 such
purchaser 20 which such bonds or cOu-
D0ns iu respect OF which such holder
shall make application az aforesaid, shall
De entitled
Until a purchaser. his successors or az
g.xua shall have paid IN cash the dis
trIbutIvs share Of tho proceeds Of the
sale 90 such purchaser 20 which ali such
n0ndG or coupons SHAH De emitted, either
directly OF in accordance With some order
% SAID Court or into court said Court,
subject 20 is further order. reserves para
mount Lien and charge upon tho prop
srty sold 20 such purchaser and every
part and parcel thereof for the payment
into said Court IN CaSh OF such unpaid
part or portion OF the purchase price,
and So case the purchaser. his success
sors or sssignA shall FOR twenty daye
fail 20 comply with the terms % any
order for such payment made By said
Court then said court upon the sppllca-
dom Of tte owner OF any such bonds Or
coupons. may JetaSe and resell the prop
s-ty sold 20 the purchaser, who OF WHOSE
successors OF assigns snail 80 have made
default. ard a. h's or their cost and risk.
A purchaser shall not be required TO
see 70 the application OF the purchase
money. nor be ausWerabls 20 any manner
or non Application Of any such purchase
money or or any part thereof
. A. provided IN Article XVII OF
said DEGREES. 10 purchaser OF the prop
ertv described ~ Article VII o. said de-
rraes and in Article I OF TIE descriptive
clauses hereof. part OF tbs consider
aroa for said properly ard Is part OF the
purchase price thereof. and 10 addition 20
the sums bid By him and elsewhere in
sz!d DEGREES required 20 Do PAID BY him.
4raV take such property and receive the
leeds or other instruments " Conveyance
and transfer thereof. upon the ezprsss
rrrdft.on that ls or h's successors or as
sIrus snaii pay, satisfy and Q scharge.
ta) Any unpaid compensation which
las been or shall be allowed 20 George
O. Hitchcock, the Special Master. APP
nofnted prior 20 December ~. 1919. IA
s4.d consolidated causes. or in the con-
ztituent causes in which Guaranty Trust