Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-10-19
LEGAL NOTICES.
s~NNS~NFNTN7~e'~79N sT~N1O~T~WNN~<S@~~7SNs
NOTICE OF SALE

NOTICE OF SALE
Of securities. pledged un@er the trust in
denture Of Premier Motor Corporation OF
New York. dated Nov. !, 1916, securing 5
year per cent Convertible Cold Notes.
supreme Court, County OF New York
The Equitable Trust Company OF New
York. plaintiff. against Premier Motor Cor
poration Of New York, defendant, county
clerks No 53S74-l921. BY virtue OF the
decree of foreclosure and sale duly made
and entered in the above entitled action,
bearing date oct. 3, 1921, l, the under
signed. referee IN said decree named, will
sell without appraisemont at public auction
at the exchange salesroom. No. 14-16 Vesey.
street In the borough of Manhattan, City
| 1921, at 1880 o'clock ,. m on that day,
the stock and notes covered by and EN-
braced IN the trust indenture dated Nov.
]. 1915, made by Premier Motor Corpora
uon OF New York to the Equitable Trust
Company OF New York, trustee, the
same are described and defined In the
above mentioned decree.
A brief description OF the stock and
notes to be sold is as follows: 1858 shares
Of the par value Of 500 each OF the COM
mon capital stock OF Premier Motor Cor
po-Grton, Delaware corporation s.s51
shares Of the par value OF 500 each of
the preferred capital stock Of the Pre-
mier Motor Corporation, 4 Delaware cor
porauon. Is promisaory notes which
there is now due s545,O00 principal and
accrued Interest, made by the Premier
Motor Corporation. Delaware corpora
for Doupsyment after demand and for the
following respective principal amounts
for 1892 600. for $50. 900, ! for S54. 600
l FOR $4,000. for 10000. for $4,000
! for So 600. ! for $1,000.
said stock and notes will be offered for
sale Ia the three following methods: First.
said preferred stock Will be offered in
eiEhty-etght (SS) parcels OF 100 shares
each and one parcel of 81 shares. Said
common stock will be offered in one hun
dred forty-six U+6) parcels Of 100 shares
each ard one parcel Of SO shares Said
notes will be offered in separate parcels
each note constituting one parcel Second.
AL OF said stock will be offered as one
parcel and all OF said notes Will be offered
as one parcel Third. All Of said stock
and all OF said notes will be offered as
one parcel and IN an entirety. Said stock
and notes will be sold n such OF the fore
going methods as will bring the highest
price IN the aggregate for all the stock
and notes.
For the complies terms and conditions
Of said sale. reference is hereby made to
the above described decree Of foreclosure
and sale on Tie In the onlce OF the clerk
Of the County OF New York and to the
terms and conditions OF sale, q true copy
OF each OF which may be examined at the
ofice OF the undersigned referee or the
ONCE OF the Equitable Trust Company Of
New York trustee. 81 Wall Street. Borough
OF Manhattan, City OF New York. A brief
summary Of certain OF said terms and con-
ditlous OF sals follows: No bid viii be ao-
Cepted unless the bidder deposits with the
referee prior 10 the sale as q pledge that
he viii make good his bid In case of It's
acceptance. the sum OF $1,000 in cash or
by certified check payable to the order OF
the referee on any bank or trust company
acceptable TO the referee. Upon the &C
ceptance OF any bid and within twenty days
after confirmation OF such sale, the pur-
chaser or purchasers shall. after the &p-
plication thereto OF any amounts thereto
fore deposited In cash or by certified check
make such additional payments in cash or
approved certified check on account OF the
purchase price which In the aggregate will
be sufficient to satisfy the cash require
meuts OF said decree. Within the time
Aforesaid the balance OF the purchase price
shall be paid in cash the purchaser or
purchasers may make payment by deliver
ing TO the referee to be cancelled or
credited as provided In said decree Ave
year per cent convertible secured gold
notes OF the Premier Motor Corporation OF
New York dated Nov. :, 1916, and unpaid
past due coupons appertaining thereto.
The referee has the right to adjourn any
sale or sales. The right OF resale Is re-
served In case Of default by any successful
bidder
The approximate amount Of tho lien or
charge against the above described prop
erty Is $3.50. 2s4.S4 with interest thereon
from Oct 3. 1921 There are prior
liens.
Dated New York NJ Y, Oct. IL. 1891.
GEORGE w. MARTIN
Referee
80 Wall Street. New York, N Y
MURRAY, PRENTICE & ALDRICH
Attorneys FOR the Equitable Trust Com
Of DfnN. "