The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-09
LEGAL NOTICES.

the intersection of the northsrly side OF
soth street at The westerly siae OF SysstsT,v
along The northeriy side Of sJth Street 20
thence northerly parallel with Madison Ave-
nue. i02' 2" 10 the center line OF the olockI
thence easterly along said center line ot
the block 75'. thence southeriy and parHhei
with Madison Avenue lo2' q to the p'-''
and will note the highest bid therefor.
for sale separatsiy and as an entirety ss
farcel 7, al OF the real property IN Fareels
J snd N q Article XII OF the said .c Sssss.
and will note the highest bid therefor.
go The Special Master win next offer
tor sale separately and as an entirety IS
K and L OF Article XII Of the said deeres
ard IN Parcels X and L hereof described
CR) The Special Master will next offer
tor sale separately and as an entirety as
Parcel r. all OF the real property In Lot ;
% Article VI Of the said decree and in Lot
OF the descriptive clauses hereof descrioed'
ahd VIII note the highest bid therefor a..
80 The Special Master win next offer
Tor sale separately and as an entirety NJ
of Artiole VI - the "aid decree and ~ Loe
ot the descriptive clauses hereof described
and WIN note the highest bid therefor: &,
The present tenants Of the ,propery VI u
Lots .. 3, 4. .. G, and OF Article VI
OF the said decree and in the similarly nun.
bered lots q the descriptive clauses hereo.
described shan be entitled 10 remove there
from Sucn trade fixtures as THIS Court may
hereaftef determine within thirty days ai'e,s
SAID lots respectively. -.
The property 70 be sold may be Inspected
by intending bidders at the sale, supJsc,
% such reasonable regulations as the speciai
Master may prescribe. 49,
AMOUNTS OF DEPOSIT REQU1REl ~
QUALIFY BIDDEPS. UPSET PRICES
At the conclusion Of the bidding on each
he Special Master n respect OF Farcsl
$1,000 and IN respect OF all other parceis
an amount equal 10 five per cent Of hts pc.
provided that any depos made by DC
der on any parcel containing real property
an Of which - included IN another parcel.
IN the event he is the highest bidder ior
count Of the deposit required for such othef
At the conclusion OF the bidding Par.
GELS p, G and n, the Special Master WIN
cancel all the bids noted for such parcels
est amount for the property IN Lots and
u the descriptive clauses hereof and o.
Al the conclusion Of the bidding tcr Par
GELS r 20 G. Inclusive, the Special Master
r.,ls except the bid OF bids wni>h give N.
highest amount FOR the property In Lots
20 : Inclusive. OF the descriptive clauses
cree described
~ tho conclusion OF the bidding on rar
coils 10 r Inclusive. the Special Master
VIII cancel I'LL the bids noted for such parcels
except the bid or bids which gives the high
est amount for the property in Lot @.
The descriptive clauses hereof and OF Ar
tIcle VI OF the said decree described.
In case any bid noted a. aforesaid for a
parcel which includes all OF two or more
parcels shall equal the sum % the bids noted
for such included parcels the bid noted on
/ righe-
The Special Master will Professionally ac-
M % G 99.s4 S2a hsye .9 5a VIII
report the bids 50 Professionally accepted 70
the court Cthe bidders making the sans
being hereinafter referred 10 as successful
biddors) except that In respect 10 tbs
property included In Parcel A. II the bid
therefor shan not equal or exceed the sum
OF $500, 600 the Special Master win adjourn
the sale of the property included tn such
parcel par Ia, and VII apply to The Court Tor fuF-
Any deposit received from unsuccessful
bidder win be returned 20 him upon this
ceived from the successful bidder or bid.
ders will upon confirmation by the Court
OF his or their bid be applied on account o;
the purchase price Of the property.
In case any successful bidder upon trs
acceptance OF hts bid shall fail to comply
Within the period u twenty days AFTER tha
entry thereof with any order OF thla Cour;
requiring % relating TO the payment % tho
balance OF The purchase price. then tbs
moneys deposited by such successful bidder
shall be forfeited as a penalty for such TAI.
ure. and shall be applied 20 the payment ~
tho expenses 81 rey ale. ard toward. making
good any deficiency or loss IN ease the prop,
crty Ia respect ~ which such successful
bidder shah make default shall be sold az a
less price such re7ale. and 20 such other
purposes "a this Court may direct.
The Court reserves the right % confirm or
reject any or all bids Professionally accepted
~ the Special Master. and upon the coming
In OF the MasteF'a report whl confirm 60
reject such bids m respect to each parcel
offered for sale hereunder.
- the Court shall deny an Application "a
confirm any sale. the deposit rade by any
succcssful bidder AZ such sale viii thereupon
be returned 20 such bidder.
PAYMENT ny PURCHASER.
T-pon the confirmation OF any sale, tho
purchaser rhai make such payment or pay
iuents IN cash and Tor In such other manner
and bv the use OF such purchase money
mortgage OF other securities on account ~
the purchase price rs the Court may from
time 20 time direct upon notice 70 the parties
10 this foreclosure cause, provided, however,
hat as 10 each Parcel the Purchaser shall
a. the purchase price IN cash and may eivo
q uurchase money mortgage running Tor not
10 exceed three years at o per cent per al
mum for the balance.
' Tie Court reserves the right 70 retake and
rcccll upon such notice az the Court may
,aue such purchaser shall fan or omit %
make any payment on account Of the unpaid
DAYS after the entry % the order requiring
r,ircbaqcr shall not be required 90 Sc,
10 the application 81 tho purchase money
nor be answerahie IN any manner whatso'
ever for any los N, Application OF, or noo,
az any part thereof.
prsAvOwAL or CONTRACTS AND RE
LECTION or PROPERTY BY
PURCHASER
ANY purchaser 81 the property herelnbefors
dosrrIbcd or OF any parcel thereof, and
Wv lights ,hcreundcr. shall have the right,
,i!bfr III months after tho delivery .o'
. ~. iced or other Instruments OF convey
,rce or transfer by tho Special Master -
Ne property Purchased by hFn. or within
such additioue, period a. the Court may
hereafter hy ms order or decree permit, 20
80, not 10 assume adopt any LEASE
~ contract made BY the defendant Railways
ccr,nanv which - part OF the property
-,urTaoId ga such d-gd or Instruments Of
CONVEYANCE or transfer. Such election shan
be made ty instrument IN wiring signed
~. M said puroiaeor and shall contain
General deecription % the contracts or leaset
S.btet he elects not % a-Fuwe or adopt. and
nan he fVtd with the Clerk ~ the District
800 ~ .Fa Edited state Tor the Southern
r,t.+rirt az New York within The Aforesaid
n.riod No user ~ rights. prior 70 the cx-
ptra.ioo ~ said period shall be deemed 20
election and upon the Nling 81 such election
go nttrrhaaer shall Be- deemed not to
I9,a assumed or adopted the said contracts
~ leases or rights therein described nor t1
h. bound by The OBLIGATIONS ~ said con-
+rocta or leases, provided. however, that
chaser 90 any reduction in the amount %
ne bia made said sale or iu amounts 70
~ rsid AS Ia this decree provided.
Anv purchaser Of the property described
q, t6fs decree, or Of any parcel thereof.
sban have Tho right 20 elect not 20 taks
or accept any part - INC property 80 sold
10 stt-1 purchaser, BY written notice ot bis
ci,r.ion river 90 the Special Master r..
.ny ,luts prior 90 The execution and delivery
- t,,e deed or other instruments of convey
800 or ira nafor hy the Special Master. NJ
-,,~r election by purchaser. his SUCCESSORS
~ s-eirrs. shall diminish affect 'he pur.
-i,e. url-p 20 be paid by such purchaser.
sr.rsfsr to bc given by the Special Master
XIV. tsraf.nr. fno defendant RAILWAYS Come