New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-11
MASTERS SAFE

further security. for th. payment Of GER
tain 81 said Cold Notes. All or "msn
property Is described In Subdivision Sl
Article XII Of said DEGREES and ~ sud
diyirion OF Arlicls II OF tbs dssc'ip'
tive clauses hereof,
to) IN. sum Of 80 for the property
tain nols Of the defendant hsHsN
Company 10 ths Board Of flosPhsl 81
VIC. Managers and described IN svboi.
vision Z OF Article XII OF SAID decree,
and IN Subdivision G OF Afticle " VI
tn, descriptive clauses hereof -,
cd The sum OF $4,000 Tor Az 0h,,
property sdiudssd ~ said DEGREES no,
70 be subject 10 The lien OF tns
scribed In Subdivision y u Article NJ
Of said dserees sad In Subdivision " Q,
Arucls III OF the descriptive eVussS
hereof:
sJ Tbs sum Of I,,sos.eoo for tbs
properly subject 10 the lien OF said firsi
In Artiol. VII Of said DEGREES and IN Art,-
Gle o, the descriptive clauses hereof'
" Ths sum Of tis.lSoo2o for all the
property deBcribed in Article VII ana IN
el.s | .nd II Of the descriptive clauses
hereof. as an entirety;
and II such respective sums shall not be
bid for any OF said parcels. nor said sum
and IN Article XII Of said DEGREES and In
Artlcles and III OF tbs descriptive
clsuseb hereof es an entirety, the SpsciaI
Master will adjourn the sale Of such par,
/ eel or parcels for which the required
amount shall not have been hidden and
will apply 10 the Court for further IN
siruetlons In respect thereof.
T. In case any bidder upon tho accept
sncs OF his bid by the Special Master:
| shall fail to comply, within the period OK
twenty days after the entry thereof with
any order Of said United states Dis,rict
Court for the Eastern District OF Mis-
souri,. Eastern Division, requiring or re,
sting TO the payment OF the balances OF
the purchase price, then the moneys or
cepted bidder, as herslnbefore provided.
viii be forfeited as penalty for such
failure, and will be applied TO the pay.
ment Of tho expenses OF resale, ana
loss in case tho property in respect on
which such accepted bidder shall make
default shall be sold az a less Price on
such resale. and to such other purposes
as said Court may direct.
/ II said Court shall deny an application
TO confirm any sale the deposit made by
any accepted bidder at such sale VIII
thereupon be returned to such bidder.
; 8. Upon the confirmation OF any sale.
| the purchaser shall make such payment
or payments in cash on account OF inc
! purchase price as said Court may from
! ,ime 10 time direct.
SO much OF the purchase price as may
| not be required by said Court 70 be paid
! in cash may bs paid In cash or the pur-
balance OF his bid In whole or in part by
! delivering TO the Special Master 10 be can e
celled or credited, as provi led In said de-
crses, First and Refundlns Mortgage
pany. in bearer form, snd. coupon
bonds. accompanied by the coupons apper-
tanning thereto due September l.. 1915 and
subsequently, to be paid out OF the pro-
cecds OF sale on distribution as provided
IN said decrses and claims against the
defendant Railway Company which have
been or may be allowed and established
In said consolidated cause in the United
States District court for the Eastern Dis
trct OF Missouri. Eastern Division, and
are 10 be so paid as In Article XXI or
such DEGREES provided, including any de-
icieucy claims in respect OF such First
and Refundng Mortgage Bonds and cou-
/ pons which may be allowed by said Court
/ In favor Of the trustees OF said First and
| Refunding Mortgage or any bondholders.
and also any deficiency claims which may
be allowed by said Court in favor of the
/ holders OF any other bonds or obigs-
/ lions Of the defendant Railway Company
lateral, or OF the trustees OF TIE mort
| cages or trust indentures given 70 secure
! the payment OF such bonds or obnga-
lions. and which arc to be so paid
/ Registered bonds shall be accompanied
BY proper transfers TO the Special Master.
q and said claims shall DO accompanied by
proper assignments thereof 10 the Spseisl
] Master In lieu OF bonds and coupons ~
d
! thu certificate OF certificates OF any
solvent bank, banking institution, trust
comp0ny or banking nrm within the
United states OF America or any Euro,
psal country. acceptable to the spseis
Master. that II holds subject 10 hts order
or subject 20 tho order OF The person OF
pertons. or corporation therein named and
assigned 10 his order, bonds or tht
amount therein specified, aud, II In cou'
pom form accompanied by the coupons
herein specified, or claims OF the re-
eulred cha racter and OF the amount thsTe
IN specified accompanied by proper ara
appropriate assignments thereof, trans
fsrring the same 10 the Special Master.
The purchaser Will be credited on &C
: erty by him purchased for all such bond,
and coupons and for all such allowed
claims so delivered 10 the Special Master
in part payment Of the purchase price.
respect OF such bonds coupons and claims
out OF the proceeds OF the sale or sales
made pursuant to said DEGREES II the
whole amount OF the purchase price were
paid in cash.
Said Court reserves the right 10 rstske
/ and resell upon such notice as said Court
may direct any property sold 10 any
D purchaser In case such purchaser shall
4 fsil or omit 10 make any payment on ac-
/ count OF the unpaid balance Of the pur-
chase price within twenty days after the
entry OF the order requiring such pay
/ ment
4 purchaser will not be required to psy
/ 10 the Special Master the amounts pay
able In cash, out Of the procssds OF the
! sale to such purchaser, In respect or any
/ OF First and Refundins Mortgage Bonds
| and sppurtensnt coupons payable on
! September !, 1918. until twenty days
I afte- said Court shall, on application OF
! pons enter its order or decree directing
! Inc payment Of the cash disTibutiVa
| share OF the proceeds OF the sale to such
/ purchaser 70 which such bonds or ecu,
| poHs, IN respect OF which such holder
! shsil make application as Aforesaid, shall
/ be entitled.
Until a purchaser, his SUCCESSORS or as
| signs shall have paid in cssh the DIS
sale 10 such purchaser to which all such
bonds or coupons shall be entitled, either
{ directly or In accordance with some order
/ OF said Court or into court said Court.
subject 10 It's further order, reserves . para
/ mount Hen and charge upon the prop
I erty sold TO such purchaser and every
| part ana parcel thereof for the payment
I into said Court ia cash OF such unpaid
and ln case the surcbaser, his success
1 sors or assigns, stall for twenty DAYS
/ fail to comply with the terms or any
/ ordsr for such psymsnt made b. said
Court, then said Court upon the appies-
tlon OF the owner OF any such bonds or
coupons, may retake ana reseH the prop
3 srty sold to the purchaser who or whose
I successors or assigns shall 50 have made
default, and At his or thelr cost and Tisk.
A purchaser shan not be required 70
see TO the application OF the purchase
; money, nor be answerable In any manner
/ whatsoever for any loss misappiication.
/ or non application OF any such purchase
money or OF any part thereof.
O. As provided In Article XVII OF
ssid DEGREES, tho purchaser OF the prop
I erty described IN Article VII Of said de-
eress and IN Article 7 Of the descriptive
+ clauses hereof, ss part Of the consider
l R,ior for ssid property sud az psrt OF the
purchase pries thereof, and IA addition 70
ths sums bid by him and elsewhere In
( said DEGREES required 70 be paid ~ him,
she'll take such property snd rscetvs the
deeds or other instruments OF conveyance
and transfer thereof, upon the express
condition thst he or bis successors o. as
signs snail pay. satisfy and clscbarse;
~ unpafd cOmnensn ton which