New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-19
MASTERS SALE

I'D hen held hy said Consolidated COMPANY. As
successor or Otherwise. under an' Iesse, os go
age traffic agreement w.tn any 0"pp@'
r atom or person whatsoever. - a..
Nso an light ttls and Interest " lnn 70 tne
line ., railroad and property formlng IAe slo
- of slil leases agreements and CONTACTS ~
he appurteIaut franchises ana prope,,S, tsII
Consolidated COMPANY o"ned o. A.I Ia-.,,., ac,
or a, say tine or In aAy manner I's'e-''
80 Also all the rsht iiiic osserssp , sqgig
G, redemption and interest OF sad ssiir1
COMPANY in ard 10 shares q stock OF The Following
famed corporations. respectively. to-g.t -. r-,.
ia 900 sharas OF the capital STOCK OF LaAe liz
AMI detroit River Railway Company tthe SAID AK
raned shares being held on MAEcn - ~, ,i ~ 70
tioAsl Trust COMPANY. Lmlleo ttss.r .,, ~ pers
MNrquetts Railroad Company uAiea 'Ahu~' -
$40 shares o. tn. capital siecS o. Grand Rapids
Ka.kEska ana soGtheas,er Railroad company
5.;5S shares o; the capital stoe" Oh fof' S''e'
81 $50 o: he capital stock OF Marquette &
Bcsssrrer Docs Navigation company ,.., ,.o.s
n, Huron x Wrt.r Railroad Company; and
AS shares o. the capital STOCK O. 4Ao AO'e''V
7 muai Railroad Company. - -, ....k .,
Al the outstanding sna:ts q the captA suo'A ~
chicago q We,t Michigan Railway COMPANY 49,
Aso All claims U. said CONSOLIDATED to.hpNy U'
2isfch 1914. eIist!ns OF thereafter anshg 6i
b auyAncementS a money or otherwise 49,.
Aso al ado oaal shares 81 sI0SS y s,d consol
dated Company - any one or more OF VIC saiu
corporations herctnbefors mentioned ..t,,,.
or oo.igzOnS o. other corporations. Or any ih'etes
lhereiu. Aier March 1871. 3caufed o. ssi1 Ia
1 soIdated Company with bonds Issued ulldef sdlu
improvement and Refurding General Mortgage VI
the proceeds thereof. 81. r.. ,t,,.rsr,
Also - 900 900 par T1!Ge o. Riys, Esiusy GoS.
I pauv secured by mortgage 10 National IruSl 'Oi
p4ay. Limited. dated August J. 1907 !such S g,,
Being OIL M-rch !. 1911, held 10y tne Mo.toL i ,
romPany Trustee under an indenture dSted June
~ 1905 10 secure issue OF va nglds =. ItLyy
Marquette Railroad Company 10 H"o p''''S@
Also any and all Of the prior obligations: ens
meraioI iu said lmprc Senent snd re unulns tW
N0rtgsge which nom Tine 70 time ai.er Ha!CA \,
3 1911 have been pledged win and deneIh !" "'
trustees thc-eundes part OF the uusI estAe. ,,,-
s, fire 10 time sf,eT. March /. 1911, b. delveIy
ar by writing Of any kind. fo- tho purpose o. seLu
il,, assigned or transferred by said Consolidated
COMPANY. or with its written consent, uy 49, -,
In rs behalf 20 the trustees under inc sala
nerlt and Rounding General Mortgage -.
t5I A,,o ali other property. real or personal, az
anv lime acquired by or Tor said Consolidated Com
ss,tsi under ia said improvement and Rounding
General MOrtgage other than such OF sflu uoIus a.
NAV have been certified and delivered 10 SAD Con
sodated Company IN reimbursement iot iS "a
uruIitil-es Heretofore made for tho acduislton on
property that shall have been subjected 20 the lie"
OF said improvement and Befunding General Noig
"a, or upon property that shall be subject tl'feto
lG) Also all other property, real pefsuh-s -. -
mixed. OF even kind chsraeteF ana oS N"rcb
whatsoever. AMI wherever situated whitb on N@iSn
]. 1911. was or at any time thereaites
lot IN Ia q
/ tompsnys Rounding Mcrgase 10 central Iras.
Company Of New YORK. as trustee. dated January
I g. 1906 or subject 10 the lieu or TIRE fSls mhr-
Quet;e Railroad Companys Consolidated hor,sseo
| 10 Tie Farmers Loan and Trust Company as uus-
/ - Together with any and all rents. issues;
I prpfis tolls and other income Of said lines 81
! isilway or other properties. including leaseho' q
estates. Lereinbefore described: and any and al
/ dated Company subsequent 10 March ]. 1911. IN or
20 any II said lines Of railway or other p'opefueS'
E4ceptins and resefvne. however the property
J mos toned In Article Twenty -Gnh OF said Final
! Dscrces excepted from the lien o. the Improve
meat Mortgage
For a more particular description Of the property
20 be .old ard OF the 'errs Of sale intending pur-
! chaser, are hereby referred 10 said Final DEGREES
aud 20 the record IN said Consolidated Causes and
the constituent suits and 70 me statement cr SAFE
mcnis Of the Receivers 10 be filed with the Clerk Of
said United STATES District Court for the Eastern
District Of Michigan. southern Division, as In said
finai DEGREES directed
As more fully provided by said Final DEGREES.
70 Whi'h reference is hereby made;
4 J. Said sale viii be made without valuation. ap-
prasemcut. redemption or extension.
IT, TIE Special Master may adjourn or roe
polc said sale and may without further notice ~
advertisement proceed with the sale on any day 10
which the same may have been 50 adjourned.
III AM az the trustees OF the nOttgageS fore
closed by said Final DEGREES any holder r. Con-
solidstsd Bonds o. ~ Beiuuding Bonds or OF In
pfUyemeHt Bonds or any creditor or any stOckholdeT
Consolidated Causes or TO any Constituent sun %
sly holder Of receiver certificates or OK any obi
cations Of the Receivers may bid at the SAFE; ard
II successful bidder mas purchase IN bis. its OF
their right.
iircty or IN parcels. insofar as u may he held
uy trustees under or may ne subject 10 the liens
constituted hy. any Or the instruments specified ~
Article Fourth OF said Final DEGREES. viii lie sod
subject 20 such rights OF trustees and 10 sucn liens
respectively.
v said sale will no made in The following man
ts) TIE Special Master will FIRST offer FOR sale
separately and an entirety. as Parcel n. an ~
si rights contracts agreements and Ieases) and
I an emOlumeuts Of title thereto and eSidenccs %
ownership thereof from time to time ACQUIRED and
still at he date OF said sale held by or FOR the
Receivers. other than cash. current assets materia
ara supplies. and will note the highest bad therefor
(bj Tie Special Master will next offer for sale,
. separately and az an entirety. Parcel n. al
, % the property and interests I'm property uncui-
ing all rights contracts agreements and lc2scs)
Of ownership thereof - the Consolidated Company
not covered BY the lien OF the Consolidated Mort
gage Of q The Rounding Mortgage Or of tht
! impr,vemeut Mortgage except 50 much thereof a.
! small lie included in Parcel A. and viii note Tie
trl The special Master viii next offer for sale
IN Tho manner get forth in this subdivision tcl
al. OF tho property and the emolume1s o. t,il'
cred by the lien oi either tho Consolidated Mort
gage or the Refundins Mortgage or the improve,
. ment Morigage except SO much thereof SHAH
7 ID on said properly the Special Master will
fist offer for sale. separately and as entirety
/ as Parcel g. ali Of the property covered by the
lien ~ the Consolidated Mortgage, and viii note
! 1e5 nr aid nroperty the Special Master will
next oner for sale. separately and as an entirety
, ~ Parcel u. all o! tine property covered by TIC
Hereof s. Is covered BY tho lien Of the 'onsoi,
dated Mortgage. and viii nots the highest pa
Tie special Mas,e- win next Offer for sale Pa
+ cells & and together. and will note the highest
bit tLege'or u ne msne,t 81 Ie'e,yeI .er faL,
exceed tho aggregate Of tho highest bids for Par
p cells e aud d when offered separately then tho
sra,riy win re cancelled ty the Special Master.
r. however the highest bid received 'or Parcel
. G. aad u whom so offered together shall not exceed
! tle aggregate n the highest bids for Parcels
! g and when offered separately. then the Special
Master will cancel The BID noted for Parcels 9
; and n when 50 offered together. and Will note
only the highest bids for Parcels and d when
offered separately. 80,
next Offer for sale separately aud a. an entirety,
as Parcel =. all OF the property covered by the
( lien u tho improvement MorZase,, except 50 much
/ soidatad Mortgage or the Ecfyiding Mortgage, and
viii note the hlrhes, bid therefor.
/ The Special Master WIZ u.xt ofer for sale Par
; cells G. y and T. together. and win note III,
hghesi hid therefor. II the highest bid received
] ~ Panels Z. y and when 80 offered together
,nall exceed the aggregate u tho highest bid Cor
! p4unl when offered separately and u the high
! est bids noted for Parcels snd D. then tho bid
the hsss. SIS So noted Tor Pareeis aud j vii
| le cancelled hy the Special Master. II, hogeycr,
! the highest bid received FOR Parcels e. and
when 50 offered together shall not s1cecf the aggre
| rste ~ the highest bid 'Or Parcel when offered
separately and OF the highest bids previously noted
I f1r Paireis & and d. thCn the Special Master will
/ cancel said highest bid noted FOR Parcels e. ID and
T T. when SO offered together. and will note only the
/ highest bid Tor said Parcel when offered sep
. erate.y
/ Id The Special Master will next offer Tor sal,
! - az entirety Parcels A. II. G, ID and T. and
! viii not. the highest bid therefor II tho highest
/ bid 80 received foT all 81 said property when %
offered Tor sale an entirety shall exceed the az
grtglts OF the several highest bids p7etousiy noted
frr Parcels A. Il. {. y and J.. then said highest bid
: - IN .---rnlN WIN be a--.n-r.l.