New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-11
MASTERS SALE

fb) 10 case Of the propfrt OF
',,,,b bsrsof the suin Of $500"
IN eerh or b. certified check On s9ie'
national bank or rust ecnp9,ny c,o
civ OF Sew York OF in me 'ity Q. )"
irIoti orceptetlc ~ the f0eoini Nast
ard aHe or erd0rrec pHfahio % N.
order. or $4,000 face o'0o-nt NJ 'i'l-
tol B0nds ir bearer loiu. D''
paried BY the coupon of NoFfni'fI
fglf and al sutstqlrhi 'nJlV .l'.
copogft may he partly boz cGsn ana par
In bonds Tut IN the same relative pro
portions. .. ,..o.,,.d
g., .ubdivision fcj ~ clause III o. 70
,raph Finh hereof, the sum OF s9V'y-'
In cash or b. certified check OF SON" M.
tional tank or trust company IN NE ~
-, Nev, YORK or in the city of 'inclh-
rati acceptable n the Special Master anN
made or endorsed payabls 70 hIs oin'i,
or $500 900 face amount ot ironlon boln'
IN issror form. accompanisd by toe cou-
non of November I. 1914 and All sDbse-
ouent coupons; sucn deposit may be pa, .y
in cash and partly in bonds but n me
same relative proportions
III In case n the property descr.od iH
clause ~ ~ Paragraph Fifth hereof ne
qum Of $4,000 90 cash or ny lefNhrH
chocl, Oh some nationa. rank y trust c0 ~
mann. I'm the Clty OF New YORK or ir thN
,'itV Of Cincinnati acceptable 20 tne Spr' ~
afas,sr and made or endorsed p7FaD,e -
bis order or $500 face amount ~ First
and Refunding Bonds lu bearer form.
and n coupon bonds. accompanied NF iof
rounon OF July ]. 1914. and al sHns"gn"n,
ash Or bv certified choci, ana parnF D"
bonds Lut in thc sane relative pro9.f-
tons.
~ In case. o. on entirety. 60 .- Ns
proDerty embraced 90 the irontor Mort
-.cc. the Tnst and Reminding Nor'"a f'
and the General Morgsge. a. pro
clause ] Of Paragraph tifih h'fe.'' ne LIZ
-.r.N Hnaa La "a q
check as aforesaid or the aegregai" ~
bonds Of thu character and ~ tho amounts
- would be required under the foreg'lhF
clauses /, II and III OF this Paragraph sNtn
in order 10 quallfy such person 10 bid fof
such property when offered IN said parce
r, lion of he deposit % bonds and con
nors. the Special Master nag ACCEPT from ans
bidder the certificate OF any national bdnf or
rust company IN he cry n No~ YORK o. I'm
.ho civ OF Cincinnati, 0ccepfa 10 20 o.
sneclal Master. that Il holds subject 20
order bonds Of the required character IN
bearsr form. and. II in coupon e. III, accom-
panied by the required coupons.
\ deposit made by am bidder FOR a sep
arate parcel or sub parcel may 30 far -
applicable. be applied OF account of ~
orallty him 20 bid for the same pToper's
when offered ,or sale With other proper
as an entirety
ANY d.posl, received from any unsuccer5-
ri bidder will be returned 10 him when
the property shall be struck down. IT,
deooslts received from the successful bid
ders will be applied on account OF the pu'
chase price OF the property.
Seventh The Special Master viii not
accept any bids less than
7. For the property embraced In The IRON
ton Mortgage. the FIRST ana KriunIlns Mort
gage and the General Mortgage as an en-
,iretv the sum OF S4.42J.O2Q.
H. FOR that part Of tho property ou,-
braced in the FIRST and Refundins, Mort
cage and the General Mortgage which J.
also embraced IN said First Mortgage -
The Cincinnati. DAYTON and Chicago "a
road Company;
"a Fo- said property as an entirety.
the sum OK $50;
90 For the property described IN sub
division ,b) ~ clause II ~ Paragraph
Fifth hereof the sum OF $40:
tc) For the property described In sub
division &C. OF clause III Of Para graph
Fifth hereof, the sum OF $40;
III. For the property embraced in the
Ironton Mortgage:
Ca) For said property as an entlrctl
the sum OF Si.295.0o0:
~ FOR the property described in sub
division tb) Of clause III Of Paragrar1
Fifth hereof. the sum Of $4,000;
property
division fcj Of clause III " Paragraph
Fis,h hereof. the sum Of si.is9,OoO'
". For the property described in clause
~ OF Paragraph F!ftn hereof. III, sum OF
{35OOO0O;
Eighth. In case any bidder after the ac-
ceptance OF his bid By the Special Master.
shall fail 10 comply within the period or
twenty days after the entry thereof M'tH
any order Of said Court requiring or relat
ing 10 the payment OF the balance OF the
purchase price. then the moneys or oond.
and coupons deposited by such accept
bidder as hsreinbefore provided VIII 10"
forfeited as a penalty FOR SUCH failure an"
HiN be applied to the payment Of ~" -N-
penses or resale and toward mah x
good any deficiency or loss 10 case 'u7
properly shall be sold ~ less price o.
such resale, and 10 such other purposes As
said Court may direct.
" said Court sinai. not confirm any SAFE.
the deposit made by the accepted bdear
a. SUCK sale will be forthwith returned 20
such bidder
Ninth. The purchaser upon confirmation u
the sale shall make such further payment
or payments ia cash On account " IN
purchase price said Court may Nom
time TO time direct. so much OF the pur-
said Court 10 be paid ia cash may eithe'
be paid IN cash or the purchaser may
satisfy and make good the residue or MS
DID in whole or IN part 10y turning over q"
lied IS hereinafter provided, bonus an
coupons entitled TO be paid out " the
proceeds OF sale on distribution thereof a,
IN said Final Decree set forth. SAID
bonds and coupons shall be IN bearer form
o. accompanied by proper transfers 10 ihe
Special Master.
In lieu OF such bonds and coupons. The
Special Master may accept from the pIr-
chaser the certificate OF any national bank or
trust company IA The City OF Sew YORK or In
Tie CRY u Cincinnati acceptable 10 the
specia. Master thai j. holds subject 20 ms
order bonds 10 the amount therein specified.
ard, ii la coupon form, accompanied d.
the coupons therein stated.
The purchaser shall he credited on account
OF ,he purchase price OF the property Oy MIN
purchased Tor all bonds and coupons turned
over, or specified IN a certificate delivered a.
hsrelnDefOre provided, IN part payment OF
the purchase price. with such sums as would
Je paid In respect TO such DOuGs and cou-
pOns out OF the proceeds OF the sale II the
whole amount Of the purchase price We're
paid in cash. said Court reserves tile risnt
10 resell upon such notice as said Court may
direct the property sold % any purchaser.
la case such purchaser shall fail OF omit 20
make any payment on account OF the un-
paid balance OF the purchase price within
went days after the entry Of an order re-
curing such payment.
A purchaser shall not be required 90 pay
the shares distr!Dutable in cash on of the
proceeds OF sale upon lronton Bonds or cOu-
pOns appur,enant thereto. or upon First AMI
KetCnding Bonds coupons appurtenant
thereto. or upon General Bonds or cou-
pons appurtenant thereto. until zen days
after said Court shall. on application OF or
on behalf Of the holder OF any OF said bonds
or coupons enter its order or decree direct
ing payment IA accordance with such order
Of the ash distributiye share OF the proceeds
OF any sale TO which the bonds and coupons
or any OF them IN respect 81 which their
holder shall make application as aforesaid,
shall be entitled Uutil purchaser his sue
a 60
the d,stributiye shares in the proceeds al
ssie To which any SUCH bonds or Sou-
pons not Used ia part payment OF the pu:-
chase price snail be entitled. either TO tie