New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-18
LEGAL NOTICES
NOTICE OF SALE.

In the District Court OF the United State,
for the Western District OF Pennsylvania
Bankers Trust Company. complainant
against The Wabash Pittsburgh Terminal
Company OF New York and Henry W Nc
Master and Francis II. Shedding, as receiv-
ers Of The Wabash Pittsburgh Terminal
Railway Company, Defendants.-In Equity,
No 3S, November Term. 1908
Notice is hereby given that pursuant 70 a
decree for the sale OF the property and assets
in the hands OF Horace F. Baker, Receiver
OF The Wabash Pittsburgh Terminal Railway
Company, entered in the above entitled case
on December rs, 1916, and pursuant also 20
enclllary DEGREES for the sale Of the said
property and assets In two causes between
the same parties entered In the District
Courts Of the United States for tine Northern
District OF West Virginia and for the South
ern District OF Ohio. Eastern Division, on
the LIST day OF January. 1917, and the End
day OF January. 1917, respectively, the under
signed Receiver will offer for sale on the
5th day Of February, 1917. at II o'clock noon
on that day In the rotunda OF the Allegheny
County Court House in the City OF Pitts
burgh. State OF Pennsylvania, the property.
assets, claims. demands, rights. privileges
and franchises in said decree directed 10 be
sold Said property, assets, claims. demands,
rights, privileges and franchises Will be Of
fered for sale In one parcel and as an en-
tirety No bid will be received by the under
signed from any one Offering to bid unless
such person Offering 10 bid shall have first
deposited with the undersigned Receiver
as a pledge that he will make good his bid
In case OF acceptance the sum or Twenty
five Hundred Dollars F2500) in cash or by
certified check.
The undersigned will accept the highest and
best bid FOR said property, assets claims. de
mands rights. privileges and franchises, and
will knock down the same 10 such bidder
therefor. qualified as aforesaid, subject 10
confirmation Of the sale by the Court
Upon the acceptance OF any bid the person
or persons making the same shall be required
10 pay 70 the undersigned as Receiver at the
time OF such sale In cash or by certlhed
check ten per cent. 1000 or the price al
which the said property. assets. claims, de-
mands rights. privileges and franchises are
sold 20 the said successful bidder or bidders
the balance Of said purchase price 10 be paid
% the undersigned as Receiver within ten
DAYS Of the confirmation OF said sale by the
Court and on delivery Of the Receivers deed
or deeds instrument or instruments or trans
fer and his bill or bills Of sale for the said
property assets, claims, demands, rights,
privileges and franchises.
The Court reserves the right 10 resell the
said property, assets, claims demands
rights privileges and franchises upon such
notice az the Court shall direct in case any
bidder or purchaser shall fail TO make good
his bid upon its acceptance by the said Re
Ceiyer by falling 10 make any payment on
account OF the purchase price as iu the said
decree provided I'm contamination OF his pur-
chase. and in case the said bidder or pur-
chaser shall fail 70 make good his bid upon
it's acceptance by the said Receiver. by fall
ing TO make any payment on account Of tho
purchase price required In the consum-
nation OF his purchase. then the sums paid
on deposit by such bidder or purchaser shall
be forfeited as a penalty for such failure and
shall be applied toward payment OF the eX-
penses OF resale and toward making good
any deficiency or loss in case the property
shall be sold al a less price upon such re-
sale and for any other further purposes that
the Court may direct.
The following is "a general description OF
property TO be offered for sale.
a O. n
along the line Of rail road OF The Wabash
Pittsburgh Terminal Railway Company aud
within the Counties OF Allegheny and Wash
iugtOn. Pennsylvania. the County OF Jener-
son Ohio. aud the County OF Brooke, West
Virginia the same being described I'm para
graph . OF said decree IN sub-numbers 1 70
40 Inclusive. and being subject TO the mort
cages set forth in the second paragraph OF
said decree In said sub-numbers 20 40 in
elusive.
% The claim represented by certain bill
in equity for an accounting fled by the Re-
ceivers OF The Wabash Pittsburgh Terminal
Railway Company against George J. Gould
q al. commonly known az the Pittsburgh
Toledo Syndicate suit) at present pending IN
the Supreme Court OF the County OF New
YORK, New York.
80 All the capital stock OF the Pittsburgh
Terminal Railroad Coal Company subject
20 the pledges and claims with respect 20
the same set forth In the second paragraph
OF the said decree ia sub number AZ thereon.
90 go shares OF The capital STOCK or me
Pittsburgh & Cross Creek Railroad Company.
90 $500 bonds OF the Pittsburgh Terminal
Railroad { coal Company dated May - 1909,
subject 10 the pledge and claim set fOrth IN
tho second paragraph Of said decree In sub
number - thereof.
90 The promissory note or the wheeling
& Lake Erie Railroad Company In favor OF
The Wabash Pittsburgh Terminal Railway
COMPANY for Three Hundred Thousand Dol
lars 5000. 0O0D dated May q, 1907, subject
TO the pledge thereof and the finding OF Court
with respect thereto as ser forth In the sec
ond paragraph OF the said decree In sub
number a. thereof
(I) Book account In the amount OF Thirty
Ave Thousand Dollars CS55,Q00J against a
PeunSylvania corporation called Texas A
California Construction Company"
Said sale shall be- made subject 10 the
mortgages. liens, charges, demands and
claims set forth IN paragraph ? or the said
decree and in the various suo-numoers
thereof
Reference IL hereby made 10 the above
mentioned decree. the original ~ which Is on
he in the ONCE 81 the clerk OF the District
Court q the United states for the Western
District OF Pennsylvania. FOR further and
more detailed description Of the premises and
conditions Of sale OF the property directed 20
be sold.
HORACE p. BAKER
Receiver.
PATTERSON. CRAWFORD. MILLER a
ARENSBERG. Solicitors for Horace F..
Baker. Receiver, iG12 oliver Building,
Pittsburgh Pa.