New-York tribune., 1920-11-02
LEGAL NOTICES

tO) The Special Master will next offer
I9r P rcs1 sa'e . separ rstey and as an entirety a,
'he real pioperty in Lot of Article VI
Of the said decree and in Lot 8 OF the de-
scrlptive clauses hereof described viz:
All those certain lots, pieces or parcel,
or land with tho buildings and improve
mems thereon as situate. lying and being
nna an the nsunatd c and Gg1y Of Key York
side ,h Of ssth street i45' westerly from
eeth street at the westerly side of Madi-
a1 a1n Avenue and running thence westerly
tn.mce A,l,, ,nortnerly parallel with Madison
Avenue lo2 - to the center line OF the block
thence NE ,o,. e,astg'ly along said center line Of
with Madiso Avenue 1922 2" to the place
OF beginning.
and d, WIN nc, note the highest bid therefor.
1or pn.o SAFE separately and as an entirety as
TarCeI ,h r. r. all OF the real property in Parcels
and in Parcels and NJ hereof described.
and will note the highest bid therefor
,o SQ The Special Master Will next offer
1or 1sn sale separately and as an entirety as
X and /. e Article XII of The said decres
ana ana IN IN Parcels and l. hereof described.
and shall note the highest bid therefor.
u) The Special Master will next offer
for sale separately and as an entirety az
r@Fes r. r az Of the real property in Lot s
Lot Of the descriptive clauses t I"u hereof of
described, ana Will note the highest BID bid
therefor
for sale epaiafeiy and as an entirety as as
iarcel 5, all of the real property In Lot 8
9t lot Ag''l Of N NE of 5he s@a deerss and in
| e, d,escribed. aid Will note the highest bid
o,ls ',he present, tenants Of the property in
sa ia Gecree and in he similarly numbered lots
pt OF tho edesGriptvf clauses hereof described shall
ny oas.fxlura ehtitITn TO remoYS therefrom such
determne within thirty days after conflrma
tlon ny this Court of tho sale of said lots
The property 20 be sod may be inspected
ny intending bidders ut the sale, subj ect
10 su.n reasonable regulations as the Spo-
olai Master rlaY prescribe
AMOUNTS or DEPOSITS REQUIRED TO
QUALIFY BIDDERS. UPSET PRICES.
Al the conc! c!us.on of the bidding on each
p"rNel me highest bidder shall deposit with
=. me ooo 'opeeIal Master in respect Of Parcel A
5000. and in respect of all other parcels
an amount equal to five per ceut of his bid
ptoNlued that any deposit made by a bid
oer on any parcel containing real property
al OF which is incluaed in another parcel.
snch other parcel may be applied on ac-
parcel.
cancel all the bids noted for such parcels
except the bid or bids which give the high
est amount for the property in Lots and
8 or the descriptive clauses hereof and OF
Articlc VI OF the said decree described
AT the conclusion Of the bidding for Par
ccIs h to G inclusive, the Special Master
VIII cancel all the bids noted for such par
geIs except the bid or bids which give tho
to 7 inclusive. O the descriptive clauses
hereof and of Article VI OF the said de.
cree descriood
Al the conclusion Of the bidding on Par.
j irl No
will cancel all the bids noted for such parcels
except tho bid or bids vhi,h gives the high
the dcscrptive clauses hereof and Of Ar
ticlc VI Of the said decree described.
palce which includes all of two or more
parcels shall equal the sum of the bids noted
FOR such included parcels the bid noted on
higher
The Special Master viii Professionally ac.
cept al the bids noted which have not been
report the BIDS so Professionally accepted to
shc court The bidders making the Same
hec1ins hereinafter referred TO as successful
property included in Parcel A. if the BID
tqe,Tefr9r roo Gnal n not equ9l or exceed the sum
The sale Of the property included in suct
parcel and Will apply to the Court for further
instructions in respect thereto
Any deposit received from an unsuccessful
hidGer VIII he returned to him upon the
concpsion Of the b.dlirg: The deposit re-
Of his or their bid he applied on account o..
the purchase price of the property
in case airy successful bidder upon tho
within the period of twenty days after the
entry thereof with any order Of this Court
balance Of The purchase, price, then tho
moneys deposited by such successful bid
DER shall be 'orseitcd as penalty for such
failure, and snail he applied to the payment
cf Inc expenses of resale. and toward
making good any deficiency or loss in case
cessfu bidder shall make default shall he
sold at less price on such resale. and to
such other purposes as this Court may
direct.
The Court reserves the right to confirm
or reject any or all bids professionally ac-
ciru ceptiea by the Speci9I Master. and upon the
firm or reject such bids in respect to each
parcel offered for sale hereunder
If t the Court sha deny an appieation TO-
successful bidder at such sale Will there
upon lie returned TO such bidder.
PAYMENT BY PURCHASER
Upon the confirmation Of any sale the
purchaser shall make such pay lmcnt pay
ments in cash and or in such other man
ner and by the use of such purchase money
mortgage or other securities on account
Of the purchase price as the Court may
however. that to each Parcel the Pur-
chaser shall not be required to pay more
than so per cert Of the purchase price in
cash and may give purchase money mort
gage running for not to exceed three years
at per cent per annum for the balance.
The Court reserves the right TO retaks
and resell, upon sucfi notice az the Court
may direct, any property sold to any pur-
omit to make any payment on account Of
the unpaid balance Of the purchase price
within twenty days after tho entry OF tho
order requiring such payment.
A purchaser shah not lie required to see
to the application of the purchase money
nor be anSWerahlc in any manner wha tso-
ever for any loss. msapplication or non
application of any such purchase money or OF
any part thereof.
DlSAVOWAL OF CONTRACTS AND RE.
JECTION OF PROPERTY BY
PURCHASER
Any purohaser OF lhe properly hereinheforn