El Imparcial. (San Juan, P.R.) 1918-197?, 1919-07-08
IN the District Court
Of United States
for Porto Rico
Banco Comercial de Puerto Rico
Complainant
Compahfa Azucarera de la La Ca
rolina. Jose d. Riera and Manuel
v. Domenech as Receivers of Com
pa1ia Azucarera de La Carolina.
Defendants.
Equity No.
Advertisement of Foreclosure
Sale.

advertisement OJ Foreclosure
Sale.
Whereas, at a term of the Dis
trict Court of the United States
for Porto Rico, held at the city
Of San Juan, in the Island of
Porto Rico, on the 10th. day of
May 1919, a decree was entered
! in the above entitled case fore
closing the mortage of said de-
fendant; the Compahfa Azucarera
de La Carolina, mentioned and
1described in said complainant's
bill of complaint; and
Whereas, it is therein ordered,
Eadiuged and decreed that all
the corporate property mortaged
t by deed of trust bearing date on
the 24th. day of July 1911, made
by the defendant herein, to Ban
co Comercial. de Puerto Rico,
here and after more specifically
described and all of the right,
titles, interests and equity of
redemption of said defendant
Company in and to the said pro
perty here and after described,
shall be sold by or under the
direction of the subscribing
/ Special Master in Chancery of
this Court appointed for this
purpose, as an entiety and as one
property, and not in separate
parcels, and in the manner herein
| after stated to satisfied the
amount due and to become due,
for principal and interests on the
outstanding bonds of said mort
gage, and the several sums herein
allowed and decreed to be paid,
or so much there of as such pro-
perty will bring upon such a
sale to be made in accordance
with the practice of this Court
and rules governing equity prac-
tice, and that at such sale the
! said complainant, or any COM
mittee formed or to be formed of
| the mortgage bondholders of said
defendant Company or any of
the holders of said outstanding
bonds may become the purchaser,
at such a sale in which case the
amount of the sale may be paid
lin bonds of the said issue in its
entiety, or any part thereof, at a
proportionate rate to be fixed by
| the price of the sale and the no
minal price of the bonds; All the
property here and after mention
ed will be sold at public aution
to the higher bidder for cash or
as stated, upon the premises of
| said defendant Corporation, to
4 witt: Central Progresso, Caroli-
ma, Porto Rico on the 5th.: day of
August 1919 at IL o'clock;
! Whereas, it is further ordered,
adiudged and decreed that notice
of the time, date and place of
said sale shall be given by said
Master by advertisements thereof
once each week for four success
siye weeks preceding the date OF
this sale in two dealy newspapers
of general circulation in the city
of San Juan, Porto Rico; and
4 Whereas, it is further ordered
adjudged and decreed that the
purchaser or purchasers of said
mortgaged property at such sale
shall be entitled except as herein
after provided, to used and apply
| iif payment of the purchase price
any of the outstanding bonds
secured by said mortgage, except
insofar as costs and expenses Of
| this sale are concerned, which
must be paid in cash and
Whereas, it is further, adjud-
ged and decreed any lien or en-
i cumbrance duly established ac
cording to the lave Of Porto Rico
over Of the property Of said de-
fendant Corporation, real or per
sonal, other the properties speci-
lied in this decreed as covered by
the mortgage, will not be in any
| way affected, modified or altered
T by this decree or by any Of the
orders Of this Court as contained
\ in the present decree.
I Now, therefore, public notice
lis hereby given that Rafael Mar
E tfnez Alvarez, Special Master, in
Pursuance of the provision of said
decree, will on the 9TH. day 0j
4 Auqust 1919, at II o'clock Of said
A dan 0pon. the premises of said
defendant Corporation, to acit
Central Progreso, Carolina, Porto
Rico, sale at public auction to
the highest bidder, in accordance
lufifh fhn term, and conditions of