New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-10
MASTERS SALE
MASTER COMMISSIONERS saI,
Of Properties Of s
MERCHANTS COAL COMPANY -
PENNsfIyaNIA w

rs May Term. 1915. IN EquS;y- 49, ,
District Court ~ me United Stst., y, z,
Northern District OF Wet Virxiai. - =
IN the case Of The FafmerS "a.
Trust Company. Trustee. "a. Ns,a.h
Coal Company Of PeDnsylvznia, a.
81. In Equity. the Undersigned r,,
Commissioners will offer At publle AZ
on
TUESDAY. JUNE 18th. 1917
At 2 % O'CLOCK y
at front door OF Somerset Copziv r.
House. Somerset. Pcnnsyl, snls, a.. -
INK properties q Merchants Co.l ~, ~.
pany Of Pennsylvania hereinafter ~.
Merchants Company
a. brenda Mines and Coal Fl.t -
IN Jsnner and COnemauga Tov..--
Somerset County. Pennsylvania
scribed IN said DEGREES and In mor;s...s
Merchants Company 20 The 80
Loan and Trust Company. Trssss. -.
April LIST. 1898, and % record IN "A, a
cOrders Once OF Somerset County. -,
!. and IN once OF Clerk Of County -
% Preston County. West Virginia IA -
Deed Book Vol ~. page fhsrs..e'.
called General Mortgage. csnsi,f,. :
approximately 1850 acres Of coal 49, !,
acres OF surface. and an operafirs -
plant. with necessary. equipment ars :.
planes. known as brenda Mine. snf ~,
-
pieted. or In course Of compile tion
(BJ Leasehold interest ~ Merchsrs, e.
pany IN properties situated N "a ~
Township. SOrnsrsef County Prrrsxf,.-.
ss described and referred % IN SAD a..
and General Mortgage a. oonr,.utirr y
Lick Mine No. ~ Merchants Corar>,y -.
surface lands I'm cOnneci iOn therry.fh !.
also described In said DEGREES and G<-.,
Mortgage.
&C. The estate. right title AMI iai.r,r :.
Merchants Company o. IN and q, :
tracts OF surface sggregsting spp.osi.x.
1os.55 acres: - tracts Of coal srsrsur,,
approximately 1872 acres AMI ii A.
ments and rights OF way. all OF whl-s !,
described In deeds OF record IN Rscors,-
ONCE OF Somerset County. and essrre !,
in said DEGREES. being therein d.siyn.ts !,
"After-acquired Properties"
The foregoing properties will h sc1 1, a.
following three parcels
% brenda Mines and Coal FIslcs q
whole;
% FAX Lick siine 40. :. including ga,
in connection Herewith. as a Whole: a.
90 acquired properties a. a M.
and will b. sold free and clear q sH IN,
encumbrances and claims. which may y -
by defendants in above entitled cases. al )
ell persons claiming under such de,sc.srr
except only the following respective iss:
sold subject 10 lien OF:
ID Bonds and mortgage 20 John f-as
dated July 5th. 1902, and OF record n ~ 10
corders Office OF Somerset County. Re,r
vania. in Mortgage Book Vol II. 90 Y.
securing principal Indebtedness Of itts
with interest from January list. is;.
% Five per cent. bonds issued .sinfiy y
Merchants Coal Company Of Pennsrnsa
and Merchants Coal Company 81 VIZ ".
"A L.
TWO mortgages or deeds OF trust fra al
corpora lions 20 Fidelity and Deposit Co
psny of Mar land. Trustee, dated Nsrcs ~
1904 and OF record. respectively. In ths b
corder's once OF Somerset County. Pertrf.
vania. in Mortgage Book Vol. ~. pass ~
and in the Office OF The Clerk Of County czr
OF Preston County. West Virginia. IN W.
gage Book ~. page 252, OF which bs,.
there are outstanding in ths hands Of q
n,,h,ic Approximately $4,000 par vals
with interest from March isi. 1917 tn
bonds and mortgage securing the same bes'
hereinafter called "Joint Five Bonds"J.
CB1 Elk Lick Mine No. and surfaos co
nected Herewith VIII b. sold subject;
10 To Joint Five Bonds, and
~ To provisions OF lease from ksJs's
Coal Company 90 Merchants cmpany, ai'
November list. 1910, by the terms whsrsH
rental or royalty. amounting 70 hitssa on
reserved 90 said Lesser.
Under and by virtue OF SAID drrs y
said Courts. the Undersigned Mxfr 20
rnIssioner- will also offer for sale & pier
WEDNESDAY. JUNE 18TH. rr,
AT 100 O'CLOCK A. ",
a. front door OF Preston Cog3ty Cour hsss
Kingyood. West Virginia. the foiiosins ~
critics Of Merchants Company;
tdl Tunnelton Mines and Coal Pes ~
ats in Reno District. Preston County, "
Virginia. as described Ia sad docfees A.
General Mortgage, consisting Of sppc
mafely 44OO acres Of coal ana i'is acre .
surface, and an operating coal pan. ~
necessary equipment ana appliances k,i''
as Tunnelton Nine.
CD Three Forks Field. situated IN Pis
ton County. West Virginia. as describes
aid DEGREES and General Aortgsse es
sIsting of an undevelopsd field OF spp's1
nstely $500 acres Of coal and s's A1n
The foregoing properties, situated
West Virginia, win be sold IN fs'''h
two parcels: -, vx.,.
rs Three Forks Field as vsels; =
viii be. sold free and clear OF al W,
encumbrances and claims whicn nay
held bv defendants in above entitled cav
and By all persons claiming uneef ~
defendants. except only the tohos'ns
spective liens -, r..,1 =,
he sold subject 10 lien OF mortgage. or ",
OF trust. from Merchants Coal co'np'r
West Virginia 20 The lntern1tionsl W
company OF Maryland NOV ssu.
Trust Company. Trustee. dated Jys
lsO6. and recorded IN once OF ~, ~, =.
County Court OF Preston County "s .
ginia. in Mortgage Book NO ~ y"
securing bonds OF which there ~ ~. !.
standing in the hands OF the pue"s !.
proximately 10000. par yslue' Win ''
est from January list, 1871 a..
(B) Three Forks Field will be sos "
iect TO lien OF Joint Five Bonds
TERMS OF SALE. -.
QD The following respective n'''"'
bids will be required: -. az
(A) brenda Mines and Coal fe'' w
(B) Elk Lick Mine No. ,. including y
face connected Herewith l0.oe'- A.
Co After-acquired Properties ,.''',, ~,
tDl Function Mines and 90 -
$4,000. .o.o
(2p Each bidder shall. al or pes,
making his FIRST bid. depost Nn' Ia
signed Master Commissioner
states currency, or In drdt lSs'i
check certified. by some reputsvf -.
Of New York or Pittsburgh. as 80
that he will make his bid g0oa' Wv
loving respective amounts; ,..,x q,
(A) brenda Mines ana Cosi INV
1B) Elk Lick Mine No :. ineisdias y
face connected Herewith Sio9p. 81 .a
CO After-scquired Properties az" ~,
ID Tunnclton Mine and ''e
CEC Three Forks Field 5000.
~ An properties $4,000. =.
,3l Each bidders check snSu ,
turned to him, II hls bid shall TO- 20, ,
cepted. but. IL his bid be seSepS. \
same shall BE- retained and CASHIER ,,oss,
Master Commissioner, and me s..S,,.i
the proceeds thereof shall be 49,. .,,oss-
the purchase price az when ny -
shall have been knocked DOW .e,srn
bidder. said sales are subjeet !"
ton BY said respective courts a, sse
90 The purchase price Tor ees,'., q /
mentioned parcels Qcss the s a., ~ n.ysl
above mentioned deposit WI, ',,'sleas
upou delivery az Master Iohi .,.n
Deed therefor. and may De pSlo ,s,,orsd
or m receivers certificates men ,.o,,s,
Ssfa DEGREES or In General No.,
Bonds and overdue coupons scNolny,,,,
snch bonds. In such amounts rsspss "a.
a. the District Court - the tnn' "A
for western District OF Pennsy l.l,,s
authorize upon confirmation sois a
Master Commissioners return ot - q
upon failure OF purchaser OF any a. =
eel to comply. within su'h w.. a, u
Court shall specify. with sueh o'o.
Court may make. respecting siss ..
payment % balance OF purchase ,ssnI
narr.l NAV be resold. and az p q