The Pascagoula chronicle. (Pascagoula, Miss.) 1905-1920, 1919-07-26

oad twentyA.
thence southerly and ~
Telephone Road ten a.
westerly and parable, 4, ~
road track twenty-five lw'
beginning"
All OF the above descr,,.
rights, privileges and ,,,'l
be sold free from all In,a'
and all liens thereon ., N
ant herein and Of the a ~
Pascagoula Street Rai,v,'
Company as well as q, ~
this cause, and Of all Ds...
any interest therein Or ,l,s
through or under them ., \
The undersigned Comm.
offer for sale the above 49,
perties, rights and fraucb,,.
separate parcels, namely.
(a) Franchises, sep,,
franchises of the Rai,v,,
from the franchises Of n.
Power System, and Of the /
pany System.
CD. Rolling stock Of 4.
system.
(c). All other property.
described.
".
Each of the above said
property will be sold ia
and best bidder, subject h
ing conditions:
(a). After having oife,a
perty in three parcels. AZ
vided, the undersigned CO.,
will offer all of the propst
defendant herein decreed 4
a whole, and he will accep
or bids, either in parcels Or
as shall realize the largst
the sale of all the propetjs
CD II for any reason i
the above described propen
be completed on the day !,
the hours hereinabove nsnd
will be adjourned from lin
by public announcement i
hereinabove fixed for SUD
will, on the day to which /
adjourned, proceed to maxi
of said property.
Co The special commia
require from each bidder
ceiving any bid from him,
nary deposit Of 100000 ii
certified check in that sum
liminary deposits Of unsucc
ders will be returned at
sion of the bidding, UM
ceptance of any bid the purd
forthwith deposit with the .
missioner not less than Y
amount of his bid, either
by a certified check or checi
National Bank or Trust Con-
cash which may have been
deposited by such successid
a pledge that he would maxi
bid, shall be applied on acu
amount so to be deposited
ceptance of his bid. In cav
der shall fail to make sud
upon the acceptance Of BIZ
commissioner shall forthwith
fer the property for sale, y
Their notice or advertisemeit
(d) Any of the mortgas'
coupons of the Pascagoula
way e Power Company, ss
mortgage on the hereinaooW
property, in favor Of the CO.
the Columbia Finance 4
pany, trustee, will be aCcep
special commissioner In "a
Except for the cash requ
preliminary deposit BY
and by the accepted bldaeih
equal to that which suci
coupons would receive Oh
ton of the proceeds OIL
entire amount of the puN'
were paid in cash. Pa
cause, or any holders Oh
may bid at said sale.
(e) The Commissioner "
days after making the sa'e"
inabove described properly
the sale thereof, and dis
with respect thereto, lot
to the Hon. f. r. Holmes ~
aforesaid District, in o'
Yazoo City, Mississippi o.
nesday following the lIS'
September, 1919.
(D The above deserve
will be offered for SAFE q"
the right reserved in the
take or resell the same
thereof, upon such notice
shall decree, in case Wv
shall fail or omit depos'
of the purchase price as
required.
If the purchaser iall "
ance of the purchase pr'e
days after said confrma'
the cash or bonds there'oA
ed by him shall be f0rlsD y
dated damages and spp
the expense of any re-sa's
be ordered, or TO inSA'
ficiency or loss in case
such resale shall bring
the prior sale; by the deels
reserves the right to rev. :.
sell the property in case