The New York herald., 1921-06-09
roRECLOsURE SALE.

IN Article XxXVl OF SAID decree, and VII
note t.ie highest bid therefor.
The Special Master VIII then offer for SAFE,
IN ono lot and an entirety, eli the prop
e.ty described IN Art!cls xxxIv and Article
abeins paros.s 4. and o.. ana prssious,y
offered for sale, and val note the highesg
bid therefor.
II IN. highest bid received for the who's
as an entirety. shall equal or exceed the
aggregate Of the several highest bids there
fc.. when offered for sale In separate par
Master wfii accept said bid and strike Off all
said property ~ an entrsty to such bidder
subject 20 confirmation Of tho sale BY the
for ssic property, when offered as an en-
tirsty. shall be less than the agsrsss,s
amount OF tho several highest bids Tor said
hereinabove proviasd, then tho Special MAG
ter will acoepe the highest bid received for
each parcel Of the property. when offsrea
TIE Same 10 such bidder subject to confirma-
tian ot The sale by the Court.
u. In making said saie, tiss special Mestss
not. prior to .ss ne day q g sale. % deposit a VIII Win
Shs .Dsssi saod Nstsr q. s,. 3. Dledgs ts: +. ".
20 the lien os ths Pcwtuxss First Mortgage
asess sf as sne sas ens q
AZ the sum OF nf,esn thousand dollars IN
ssr. ssarh. or by Certified c..eek % some Fasensl
70 rofs t q aa In tho Giy Of prey.aenee aesepDg
sn.suns Of Pawtrxot First Nortssse Boss. sssS
Ra S ~ Ii. ss05 das 5uy SGnfa T. s
q cash saeh deposit may ss psrtiy IN IN cass ash
Q: ty certified cheek and partly Ia said
2awtuxet First 5iortgag ge Bonds, but Ia tie
same relative proportions; na
90 IN case Of the propsrty suoject 20 si.
described IN Article XXXv OF said decree 81
foreclosure and sale (bsins Parcel B. ths
certified cheek. as storesaid. At he option
OF the bidder twsive thousand dollars prinei.
psi amount OF Cumberland rirs, Mortgage
lieu OF cash. such deposit may he partly IN
essh or by certified check and partly In said
Cumberland First Mortgage Bonds but IN RIO
same relative proportions.
tc) In tee case OF riie property subject ia
tie lien of the Suburban Mortgage and de.
ser!bed n Article %XXvi cf sa,d decree 0.
cum OF thirty-five thousand dollars In cash,
or BY certified check az aforesaid. At en-.
dollars pr.ncipai amount Of Suburban Bond.
10 bearer Form, and. if coupon bonds. A..
and aubseuusntiy, nav bs aeposited in lieu
0. cash. Such deposit may be psrty II
said Suburban Bonds but IN the ssn.s reia-
tir-a proportions; s
td) II the case of the property deseribee n
Ae. xxv1 Of ora s.d K decree decree q ans
and sale (be,ns Parcels A. y and %. as All
:n'irety. the aggregate OF such suns
or the aggregate OF bonds Of the character
and to the amounts which would be REQUIRED
N Hdsr srds1 the to esa a. sass % p ss s.,
SAID property when offered N seid parcels
Or any OF the foregoing clauses, the special
,l,ss.r ssser may accept & the sssE,lhess;e 2. ess
eaeeptabie to the Special Master. taat j,
Master bonds g g th tn rsqirea oFr character s
bearer form, ard. II In coupon form. scr
connpsnisd by tie required coupons.
separats parcel may 90 far as applicable his
applied on aceoun. os THO deposit reGui:sd
20 be made IN order 70 oual,fy HIN 70 BID
sale with The other property a. ar en..-sty
hsgs hny dopSsi! received .or3 az 1n:roess,ta
property sia,; hav. sssa struaii 1ii of. IRE
stpog't rcceivs6 from -is successful biddes
tfo prrchaHe price % the property.
III case nuy bidcer. upon me acceptaacs
OF his bid by TIE Special ss!er. SHAH tan
al.er % :ne sn ent,g tn thersos a0o wIth ~ any oresr
Of said Court recurring or rotating 10 tlie
payment Of .ths balance Of the purcnass
Sy such accepted bsieer, as hereinbeforo
rrovided, win be forfeited as o penalty sos
neat q re as caeenes 81 1sPsa erais ead md
ard u'aIfng sctd any deficiency yr loss, y
accsp:ea ace @ Ss bIas,r shah make make %etsnt % shs S
e such ether purposes as raid Court ns,
II said Court shall deny Al application te
consirrn ssZ sai., The ooposit made by any
no minimum price Is fixed by said decre-
q Foreclosure anf sale for, tic proparty 70
20 % so,d - or any parcel thereof; bv, ea!d Cours
reject any bid or BIDS which IA lis 3casIns,:s
very b sale s'is uss- e just .ad aserss .u
subiect - confirrne.icn hy SAID Court.
III Upon the eontirnst,on Of any sal.
payments IN cash on account o. the purchase
price ms said Court may fro1a time to TIM
direct.
So snrci Of the purcisAae price - may ess
may De paid n cash. or ire purchaser may
= Nos enc o. ' n psfs sSHo tss Sy % Sssfns s' sas
Special Master. 20 be csncsllsd or credited
;e s. ps,d out Of the s ~" Of s
on cist-ibution thereof as set forth ~ eaif
decree Of socseloss-. and sele. and csa,sas
c,.mbot.an5 ceai3Gsy.. ';;yiich rsys been -
roi.da:ed cans.. or said constituent causes.
emo are % I've sc paid es provided IA Article
ss 'Saa % Sf Be- e4sd,s as
BY Sins pnfohsssd. for sii sneh bends sas
Delivered % tne Special Master Ia part pay.
ne;,t of the purchage price, with such svri-
as would bs payable m respect OF such
bonds. coupons and claims cut OF the pre-.
cec6s CT the sale or sales made pursuant "a
said decree os foreclosure and sale. II ths
whole amount Of tns purchase price were
paid IN cash.
~. Any purchaser al any sale unesr ssii
property PURCHASED By him and receive the
deed o. dcscs tterefor subject TO all taxa.
nssas,lnonta. ard other public charges
sua sa5ssls ssqa d Tgaa os srqs s aSa wss
such purchaser s. required TO psy by ihs
laws of tho state OF Rhode Island in force
a. the time of such sale.
decree 81 foreclosure and sale directed % ks
roid ehail also, as part OF the cons!dsratios
for and Q, the purchaeo price OF the prop-
ssrsy pnEchssed sas "a seditlen 10 20 me s,,!, sHe
the Instrument or instruments OF ccnreyanss
and transfer thereof upon the cypress Cor
dition that he. or hi7 successors or sssisnc'
shall pay, satisfy and discharge:
ts) Any indebtedness. obligations. or la
biities Of the receiver Of the Pawtuxet Com
pany and OF the receiver OF the Cunlberlsrf
Company and Of tho receiver % the Suburban
fore censondated lnto said cousolida,ss
Superior Court OF the State OF Rhode Island
esye sns sssS S date ., 'iS ses
and ths date OF the delivery by them OF pcs-
rer,ion of the property sold;
%, Any unpaid claims OF creditors OF ths
been on shall be sdruittsd BY the parties In
IN lea or superior n equity 10 shs subur-
ban Mo-tsase