Every evening, Wilmington daily commercial., 1921-10-12

AUCTlONS--LECALS
Legal Notices

receivers will sell and deliver said prop
crty to the bidder or bidders In separate
parcels or lots. otherwise said property
shall be sold 20 the highest bidder for
the sa ne as an entirety
said property will be sold free aud dis
CHARGED from all liens and claims inclnd-
Ing. taxes and assessments thereon.
The purchaser or purchasers at said
sale shall pay IN cash TO tho receivers al
the time thereof all bids not exceeding
the sum of one Thousand Dollars
tl ,no0.oOl " any bid or bids shall be
In excess Of One Thousand Dollars (s1 OOOl
the said purchaser or purchasers shall
pay In cash 90 the receivers nc the time
Of sale, the sum of Ono Thousand Dollars
xi 100000 plus ton per cent Go per cent?
OF that portion of such bid which shall be
In excess of one Thousand Dollars tsl ,OOO).
and the balance of any such bid or bids
shall hc paid In cash Co the receivers on
or before the day and hour fixed for the
return Of this sale, 80 wit November i5
1921. at ten o'clock In the forenoon
ANY bidder or purchaser Of property at
such sale shall be permitted. after such
sale, and before confirmation thereof
ny lieu OF paying any unpaid portion OF
his bid or bids as aforesaid. 90 apply To
the court for an order allowing him or
them 20 furnish 20 the receivers O bond
with surety. 20 be approved by the court,
60 secure the payment Of said unpaid bal
ance OF such bid or bids. on or before
such time as shall be prescribed In said
order. the court however reserviug to
I
such last mentioned order, and ia case
any such order should be made, the court
further reserves the right 10 cause any
OF said property To be re-takcn and re-sold,
I'm case the principal or surety IN said bond
shall fail 90 comply With any order of the
court touching the payment OF the
amount 20 secure which said bond may be
given. The court also reserves the right
TO make any other order &c may deem
wise touching the retention By tho re-
ceiyers of tile possession Of the property
20 secure any part, payment Of the pur-
chase price, for which said bond may be
given, until the amount secured by said
III at the time OF confirmation Of said
sale, or at any other time, any bid or
bids shall be accepted by the court for
any of said property, aud the person or
persons making such bid or bids shall
fail 20 comply With all the con dltiuns of
the sale aud the orders OF the court IN
respect thereto. any and all moneys ON
account OF the purchase price, or amount
or amounts OF such bid or bids paid by
| the purchaser or purchasers or bidder or
| bidders, when said property Is struck of,
shall he forfeited and applied as the court
| may thereafter direct
| No part of the property sold at said
| sale shall he delivered TO the purchaser or
purchasers thereof until after the con.
| nrmation of said sale by the court and
| livery.
For further particulars reference 1.
| made TO the above mentioned decreps
of the said district court OF the United
states for the District OF Delaware now
/ on hle with the clerk of the said court az
| wilmington. Delaware. All inquiries and
correspondence should be addressed tr
| the receivers at Wilkes Barre, pennsyl.
vania rhe premises and property are
open for Inspection at any reasonable
time, upon notice 20 the receivers.
CHARLES r. ROSS,
ROBERT PENNINGTON,
JAMES r. HARRIS
Receivers, Owen Magnetic Motor Cal
Corporation
GEORGE n DAVIS,
solicitor for Receivers
Wilmington, Delaware.