New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-16
MASTERS SALE

division OF Article ii " the DesciP
,c) The sum On SO ,or the property
pledged 40 secure the payment OF Ger
tain note ~ the defendant HahMAs
Company 70 the Board Of Hospiisl
vice Managers and described IN suooi
vision 81 Article XII Of said oesrse
and In Subdivision g % Article II OF
the descriptive clauses hereof
3D. The sum OF 100000 for sh othe.
property adiudged b. said DEGREES no,
10 be subject to the iler % the saij
First ana Refunding Mortsss. o. tne
defendant Railway COMPANY, ana oe,
,cribed In Subdivision u Of Article MI
Of said DEGREES and IN Subdivision u OF
Article III Of the descriptive 'aus's
hereof.
80 The sum Of yI34ooo99 for the
property subjec, 10 the lien o. SAD First
and Refunding Mortgage. aud described
In Article VII Of said DEGREES and m AIt,
Gle ] ~ the descriptive clauses hsreof'
~ The sum Of sls.l5o.o20 for all the
property described In Article VII and IN
Article XII Of said DEGREES and in Artl-
cles I and II Of the descriptive clauses
hereof, as an entirety.
and II such respective sums shall not %
bid for any OF said PARCELS nor said sum
for ths property described In Article W
Articles and II OF the descriptive
clauses hereof an entiTety, the Special
Master viii adjourn the sale Of such par,
amount shall not have been hidden and
viii apply 20 the Court Tor further in
structions IN respect thereof.
:. In case any Slider upon the accept
ance ~ his bid by the Special Master.
shall fan to comply. within the period Of
twenty DAYS after the entry thereof. with
any order OF said United states District
Court for the Eastern District OF Mis-
souri, Eastern Division, requiring or re.
latlng 20 ths payment or the balance OF
the purchase price. then the moneys or
bonds or claims deposited by such t &c
ttfI h.
failure, and Will be applied 10 the p2s,
ment OF the expenses o. a resale ana
toward making good any deneisney % .,
which such accepted bidder shan MAKE
default shall De sold al iess price on
such resale. and 10 such other purposes
a. said Court may direct. ,,--.,.--
II raid Court shan DEM an appllSa'lon
to confirm any sale. tho deposit made ~
any accepted bidder az such sale WIZ
thereupon be returned 10 such bidder
s. Upon the confirmation OF any saIe.
the purchaser shall make such payment
or payments IN cash on account OF the
purchase price as said Court may from
time 10 time direct.
not be required by said Court TO be paid
IN cash may be paid In cash or the pur-
chaser may satisfy and make good the
balance OF his hid IN whole or in part by
delivering 10 the Special Master 70 be can.
celled or credited. prOvi ted IN said de-
crees. First and Refuudns Mortgage
bonds
psny. IN bearer form and. n coupon
bonds accompanied by the coupons spper-
tanning thereto due September J. 1918, and
subsequently. 70 be paid out ot the pro-
creds OF sale on distribution as provided
IN SAID DEGREES. 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
trlct OF Missouri. Eastern Division, and
are 20 be so paid as IN Aricle ANII oi
such DEGREES provided, including any DC
hciency claims In respect OF such First
and Refupding Mortgage Bonds and cou-
pons which may he allowed by said Court
IN favor Of the trustees OF said First ana
Refundirg Mortgage or any bondholders,
and also any deficiency claims which may
be allowed by said Court in favor a he
holders OF any other bonds o. obies-
tlons Of the defendant Railway Company
secured by mortgage or pledge Of col
lateral or OF The trustees % the mort
cages or trust indentures given 20 secure
the payment OF such bonds or obhga-
tons and which are TO be so paid
Registered bonds shall be accompanied
BY proper transfers 20 the Special Master.
ard said claims shall be accompanied by
proper assignments thereof 10 the Special
Master. Ia lieu OF bonds and coupons or
claims the Special Master may accept
m. certificate or certificates OF any
solvent bank, banking Institution. trust
comp0hy or banking firm within tho
United States q America or any Euro.
peau country, acceptable 10 the special
Master. that IL holds subject 10 his order
or subject 10 the order or the person or
persons. or corporation therein named and
assigned TO his order bonds OF tho
amount therein specified, and, X in cou-
pom form accompanied by the coupons
I therein specified. or claims of the re-
auired character and OF the amount there
pa specified accompanied BY proper ana
appropriate assignments thereof. trans
? ferring the same 10 the Special Master.
The purchaser VIII he credited on &C
p count OF the purchase price Of the prop
erty BY him purchased for all such bonds
aud coupons and FOR all such allowed
claims 50 delivered 70 the Special Master
iu part payment OF the purchase price.
with such sums a. would be payable IN
respect Of such bonds. coupons ana claims
out OF the proceeds OF the sale or sales
whole amount Of the purchase price we're
paid In cash.
said Court reserves tho RICH, TO retake
and resell upon such notice as said court
may direct, any property sold 20 any
purchaser IN case such purchaser shan
fail or omit 10 make any s0ment on &C
coupt OF The unpaid balance OF the pur-
chase price within twenty days after the
entry Of the order requiring such pay
meut
4 purchaser win pot he required TO pay
20 the Special Master The amounts pay
able in cash out Of the proceeds Of the
OF FIRST and Hefunding Mortgage Bonds
and appurteusnt coupons PAYABLE ON
September J.
aftc- said Cour, shall OF application %
the holder 81 any OF said bonds or cou-
POM, enter It's order or decree directins
Inc payment Of the cesh distriouuVe
share OF the proceeds Of the sale TO such
purchaser 20 which such bends OF c0u-
pons. iu respect OF witch such holder
shau make application rs aforesaid. shall
Until a purchaser his successors or as
signs shall have paid in cash the Dis
trbutiyc share OF the proceeds Of The
sale 10 such purchases 70 which All such
bonds or coupons shsI be entitled, elmer
directly or 900 accordance with some order
Of said Court or into court said Court
subject 10 It's further order, reserves para
mount lien and charge upoQ the prop
erty sold 20 such purchaser and every
mar and parcel thereof for the payment
into said Court No cash Of such unpaid
part OF portion u the purchase price
and iu case the purchaser his success
sOrs or assigns. shall for twenty ddys
fau % comply with the terms Of any
order for such payment made by said
Court then said court upon the Spplics-
tiop Of the owner OF any such bonds or
COUPONS may Ietake and resell the prop
crty sold 20 d. purchaser who or whose
successors OF assigns shall % nave made
default. and al bis or their cost ana RISK.
purchaser shall not be required 70
sec 10 the application OF the purchase
money. nor be ansWerable ln any manner
whatsoever for any loss, misapplicstion
or non-sppicatioa Of any such purchase
money or Of any part thereof
As provided IN Article NANi %
aid DEGREES. tho purchaser OF the prop
erty described ~ Article VII OF said de-
e-.es ard in Article ! Of the descriptive
clauses hereof a. part OF the consider
anon for said property ana 80 part 81 The
nurchase price thereof. and in addition 20
the sums bid by him and elsewhere IN
sad DEGREES required TO be paid DJ him.
shall take such property and receive the
d.sds or other instruments % conveya nco
and transfer thereof, upon me express
D. n.HFHHa
signs shall pa, satisfy and discharge
90 Any unpaid compensation which
has been or shall be allowed 20 George
a. Hitchcock, The Speclal Master, sp-
pointed prior 20 December p, 1918. IN
said consolidated causes, or In tho CON
stituent causes 70 which Guaranty Trust
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