The New York herald., 1921-05-20
FORECLOSURES SALE.

4
superior in equity to the lien of the First
Mortgage Of the Traction Company.
In the event of the insufficiency OF the
OF said charges. the Court reserves the right
from time TO time TO require payment OF the
der.ciency by the purchaser or purchasers.
two parcels herenbefore described as
parcels and and ordered to be sold
shall be sold TO different purchasers. 10
spportiop as between said parcels the
labilities and other items charged upon
the proceeds OF sale and mentioned in the
iorfeong I 1non Gs9sss use "a, to sdp inclusive
the purchaser shall make such payment or
payments In cash on account OF the pur-
time direct
SO much of the purchase price as may
not be required BY. the Court to be paid In
cash may be paid in cash. or the purchaser
may satisfy and make good the balance Of
his bid in whole or In part by delivering
credited as hereinafter provided. Firs.
Mortgage Bonds Of the Traction Company
IN bearer form. and u in interest war
warrants appertaining thereto, due March
l. 1919. and subsequently, TO be paid out
Of the proceeds OF sale on distribution
claims against the Traction Company
which have been or may be allowed and
established in said Equity Clause No. 47oi
t.cle Xxx OF said decree. including any de-
ficiency claims in respect Of such First
rants apperta'nng thereto which may be
allowed by the Court In favor Of the
trustee OF the First Mortgage OF the Trac-
iion Company or OF any Of the holders Of
its First Mortgage Bonds. In lieu OF such
bonds interest warrants or claims. the
Special Master may accept the certificate
or certificates of any solvent bank, bank
Ing institution. trust company, or banking
| firm. acceptable to the Special Master that
It holds. subject to his order, or subject
to the order of the person or persons or
corporation therein named and assigned
70 his order. bonds OF the required char
acter and of the amount therein specified.
and. II In interest warrant FORM accom-
panied by the interest warrants therein
specified, or claims OF the required char
aeter and OF the amount therein specified
accompanied By proper and appropriate as
signments thereof transferring the same
TO the Special Master. The purchaser shall
he credited, on account of the purchase
price of the property by him purchased. for
all such bonds and interest warrants and
for all such allowed claims delivered
10 the Special Master In part payment Of
the purchase price. with such sums as
would be payable in respect of such bonas.
proceeds OF tho sale sales made pur-
suant 10 said decree II the whole amount
Of the purchase price we're paid IN essh
served for It's future adjudication all aues-
tions not. disposed OF by said decree. ).
hereby made uis'e, 10 said aid Decree Of Foreclosure
and Sale and to said Final Order Of Sale
and 10 the records OF said Equity Cause
NO. fiO1 and TO the Advisory Report OF
the Receiver OF the Traction Company to
be filed with the Clerk OF said Superior
Court pursuant to said Decree OF Fore
closure and Sale. Further information may
also be obtained upon application to tho
undersigned.
Dated at Providence. r. r.. May 10. 1921.
ARTHUR A. THOMAS, Standing Master
IN Chancery and Special Master as atore-
said.
RICHARD b. coMsrocK. Providence.
r. /.
EDWARDS & ANGEL. Providence. r. /.
ROPES. GRAY. BOYDEN PERKINS.
Boston, Mass