New-York tribune., 1919-12-15

6dItS excelsior
AS more tuly provided by said nnal
l. ne sale w.ll DC ilAde without vulua-
tiCn' appia4seNent. redemption or extern
=. The property will be offered for sais
one block II parcel and as an entirety
j. Inc properly wlll be sold subject to
the lien oI any and all taxes ana asses,
nents ana Ike charges levied OF ASSESSED
asa4nsL IT OF any part thereof. and sup1..t
10 any other statutory liens against X or
tny part thereof which or may
cnars cable Upon it any part thereof
PRIOR PRIOR to the .'en Of the First Mortgage
aaeed June Ii. 1913. executed and deliv-
sreo ~ me Jouann ttoH COMPANY 10
ne Land Title K rrus. company, as
Trustee. The property Will. however Do
sold free and clear OF any and all debts
CLAIMS and charges other than those above
sp~clNed and any and all such other debts
Claims ana cnarg@s which may hereafter
lien of said First Mortgage viii be pay
able out OF the proceeus of the sale of
the property. ali questions relating TO tho
pfiorlty or superiority OF any and all such
ue3ts, CLAIMS and charges having been ex-
pressly reserved BY the Court fol further
nearing and determination.
4. The Undersigned viii receive no bid
from anyone ottering to bid VINO shall not
hrst deposit with him as condition prec-
euent TO his right TO bid and as pledge
that such Diuuer VIII make good his bid
in case Of IT'S acceptance by the under
signed and confirmation by the Court tho
sum or $4,000 in cash by certified check
upon any national bank or trust company
in the City of Newark or in the City or
New York. acceptable to the undersigned
and ade or endorsed payable TO his or
der. or in lieu OF said deposit In cash or
by check, $4,000 principal amount OF tho
First Mortgage Bonds OF The Johann Hor
Company hereinafter referred to as "Firar
Mortgage Bonds } in bearer form, accom-
panied by coupons appertaning to said
bonds maturing July l. 1917, and subse-
9uently In lieu of the deposit Of said
FIRST Mortgage Bonds and coupons with
the undersigned hereby permitted. he viii
accept the certificate OF any trust CON-
pany IN The City OF Philadelphia thai It
holds subject TO mis- order the amoun,
therein specified OF First Mortgage Bonds
in bearer form. accompanied BY the cou-
pons therein stated The deposit received
from any unsuccessful bidder will be re-
turned to him when the property has been
struck off. The deposit received from
any successful bidder will be held by the
undersigned subject to the orders OF the
Court and upon confirmation OF the sale
chase price OF the property for which said
bid made. The undersigned will ac-
cept no bid for the property II less than
the sum OF $4,000. The undersigned WIN
and viii knock down the property sold
10 such hidd r. subject 10 the confirma-
ton Of the sale by the Court.
Any party TO this cause or any owner
or holder of First Mortgage or Second
Mortgage Bonds may bid or purchase a,
the sale
5 IN case any bidder. after the accept
ance OF his bid by the undersigned and
confirmation by the Court. shall fan 10
comply. within the period OF twenty days
with any order OF the Court requiring or
relating to the payment OF the pure hase
price. then the sums deposited by such
check, or represented by bonds. shall b.
forfeited penalty for such failure and
shall be applied to the payment OF the
expense OF q resals and toward making