New-York tribune., 1920-10-22
LEGAL NOTICES


to) Tho Special Master will rsxt ond
1or sale separately and as an entirety =
Far Parcel Q. the following part or portion q
of the said decree and in Lo. OF the del
scriptfve clauses hereof described. viz:
An those certain. lots, pieces or parcelt
OF land with the buildings and improves
ments thereon as situate. lying and bein4
IN the City and County OF New YORK
and bounded and described follows:
BEGINNING at a point on the northeri5
side OF s5th Street i45r westerly fror
fhs sss intersection s,rss 10 Of the norhesiy a SIDE
son Avenue and running thence westerl1
along the northerly side Of s5th Street 7s1
trssnce northerly parallel with Madisoq
Avenue 1o2' q to the center line OF the block
thence eastcrly along said center line 81
the piock I5', thence southerly and parallel
with Madison Avenue 1922 2" TO tho plac3
of beginning;
and will note the highest bid therefor.
(P) The Special Master will next ofsef
for sale separately and entirety -
Parcel F. ell Of the real property in Parcels
and in Parcels and n hereof described.
and wifi note the highest bid therefor.
(Q) The Special Master viii next otyes
for sale separately and entirety al
and Of Article XII XII PI'pissS Of the said al decres
and shall note the highest bid therefor
R) The Special Master VIII next OFFER
Tor sale separately and as an entirety as
OF Article VI of the said decree and in
Lot of the descriptive clauses hereof
Ncoe4 lpcut anu VIII IOle lHe nlEneSt p.4
therefor.
ts) Tn, Special Master will next offer
for sale separately and ss an entirety as
Parcel s. all Of The real property in Lot
of Article VI of the said decree and in
Lot 9 of the descriptive clauses hereof
described and Will note the highest bid
therefor.
The present tenants Of the property IN
Lots 2, 3. A. 5 c. and OF Article VI OF ths
OF thedescriptve clauses hereof described shall
be entitled to remove therefrom such
determine within thirty days after oonflrma-
tion by this Court Of the sale OF said lots
respectively.
The property 10 be sod may be inspected
by intending bidders at the sale, subject
| to such reasonable regulations as the Sps-
cial Master may prescribe
AMOUNTS OF DEPOSITS REQUIRED TO
QUALIFY BIDDERS. UPSET PRICES.
AT the conclusion Of the bidding each
parcel tne highest bidder shall deposit WIN
the Special Master in respect Of Parcel A
$1,000 and in respect of all other parcels
an amount equal to i've per cent OF his bid.
provided that any deposit made BY a bid
der en- any parcel containing real property
in the eVe>t ne is the highest bidder for
such other parcel. may be applied
count Of the deposit required for such other
parcel
At the conclusion Of the bidding Par
cells B, c and d. the Special Master Will
except the bid or bids which give the high
est amount for the property in Lots and
pi lle descriptive clauses hereCf ana OF
Article VI Of the said decree described.
At the conclusion cf the bidding for Par
GELS to G inclusive, the Special Master
GELS except the bid bids which give tho
highest anoHnt for The properiy in Lots
hereof and of Article VI Of the said de-
cree described.
At the conclusion of the bidding on Par
GELS to inclusive. ths Special Master
Will cancel all the bids noted for such parcels
except the bid or bids whish gives the high
the descriptive clauses Hereof and Of Ar
ticle VI of the said decree described.
IN case any bid noted as aforesaid for a
parcels shall equal the sum OF the bids noted
lor such Included parcels the bii noted on
higher.
The Special Master Will Professionally ac-
eept an the bids noted which have not been
Cancelled as hereinbefore provided and viii
report the bids so Professionally accepted to
the court 'the bidders making tho sRme
being hereinafter referred to successful
hidders); except that in respect to tho
property included in Parcel A. II the hli
therefor shah not equal o. exceed the sum
Of $500 600 the Special Master VIII adjourn
the sale Of the property included in SUCH
parcel and viii apply to the Court for further
Instructions in respect thereto.
Any deposit received from an unsuccessful
conclusion Of the bidding. The deposit re-
celved from the successful bidder or bid
OF his their bid he applied on account os
the purchase price of the property
acceptance Of his bid shall fail to comply
within the period of twenty days after the
requiring or relating TO the payment cf the
balance of the purchase price. then ths
der shall be 'orfeted as a penalty for such
failure. and shall be applied TO the payment
OF the expenses. of a resale. aud toward
the property In respect Of which such
cessful bidder shall make default shal be
sold at less price on such resale. and 20
such other purposes this Court may
direct
The Court reserves the right to CONFIRM
cepted 10y the Special Master and upon ths
coming in of the Masters report win con-
firm reject such bids in respect 10 each
parcel offered for sale hereunder
If the Court shall deny application TO
upon be returned 10 such bidder
PAYMENT BY PURCHASER.
Upon the confirmation OF any sa,e. tho
mcnts ia cash aad or I'm such other man
nrr ana b. the use Of snch purchase money
MORTGAGE or other securities on account
ef the purchase price as The Court may
froll time 10 time direct upon rotfce TO tls
parties TO this foreclosure cause. provided.
he~eser- that as 20 each Parce. the Per-
chaser shall not ie required 20 pay mora
han 30 PEI cent Of ihe purchase price n
cash and may gave pHrchlse mcnet ter-t-
gage running FOR to- exceed fhf,e .rars
al per cent per annum for the balance
The Court reserves the right t. r-laxs
and resell upon such notice as the curt
may direct any property sold 70 any p1--
chaser in ease such purchaser sh1H r. .-
omit To make any payment on aocnsnt -
The unpaid balance or lie purchase pr
within twenty days after the entry Of ,ns
order requiring such payment
4 Durchaser shall not ne required to se
30 the appicaf .on OF the p.r.hsse money.
nor be ans~ershie IN any manner ~hat~o-
ever for any loss. misapp| isatiou or nom
appiica ton Of any such pur hese money of os
any part thereof
DIsAvOWAL OF CONTRACTS AND RE-
JECT1ON or PROPERTY by
PURCHASER
Any purchaser OK the property hereInhcfo-s
described. Al cf aut parcel theraof ari
WAc-iier or rot be has extr rciSel af I>rt
any rights theFelnier shall have fhe rI.hf
W4thlI six months after the !eiiser. @,
th- tNet ether Instruments OF soi,l..
ance or transfer hy the Special Maste~ II
Tie property purchased hy him. or within
such adlltioaa period as the Court may
i.r. =. y --.-- -l--.-1-