Every evening, Wilmington daily commercial., 1921-10-19
ny of the Best Real Estate Offerings
This Fall Are Listed Here Today.
AuCTIoNS--LECALS
Legal Notices


triangular in shape. containing eight
acres more or less and lying adjacent to
Harvcy's Lake Branch pf the Lehgh Val
ley Railroad, and at n distance Of about
three miles from the City OF Wilkes Barre
Pennsylvania siding. Of said railroad
said land are In good condition, aud con-
sist OF pne-gtury concrete huiding
With saw-tooth, composition roof. GOO
feet by 80 feet I'm dimension, containing
drafting rooms Offices, machine and as
scmhly shops, with an addition on side
at southeast end OF one-story brick
saw-tooth Composition roof building 264
feet by 80 feet, divided into assembly
Resting, painting, anncaling and hardening
and boiler rooms. With further addition
Of a one story frame building. ina feet by
40 feet with loading platform. used as
stock room. and small frame addition at
north end for employment and time Of
Zee, There are also two frame sheds
about l6 feet by ~ feet
The outbuildnRs consist OF three frame
one story buildings lob feet by 40 feet.
hob feet by 20 feet and 229 feet by 22.b
feet, respectively. one two-story frame
garage 75, 8 feet by II feet one brick oil
house with composition roof, IS feet by
lnS feet. one wooden oil pump house
"a feet C by 10 10 feet; fV one IS wooden storage
shed. composition roof go feet by 10 feet
and one wooden gas pump house 93|
W. MACfiiNERY AND TOOLS.
The machinery and tools are In excel
lent condition. and consist OF boring
mills, plancrs, drill presses grinders.
lQthes. milling machines, presses, saws,
Jig fixture patterns, patterns for factory
equipment. punches, dies. molds heat
treat equipment. metallurgical supplies and
equipment, and miscellaneous small tools
OFFICE FURNITURE AND
EQUIPMENT
The office furniture and equipment con
sists OF a large number uf dssKs, tables,
chairs, typewriter desks, typcwriters, add
ing machines dictaphone. safes addresso-
graph files and other miscellaneous Of
FACToRY EQUIPMENT.
The factory equipment consists of
power transmission equipment, electrical
equipment used In connection with power
transmission. hangers, shafting, betting,
pullcys. work benches tables, hose. auto
mobiles. trucks and other miscellaneous
astlcles ordinarily used In manufacturing
plant,
AUTOMOBILE PARTS AND
MATERIALS
Automobile parts and materials con
sisting of large number OF miscellaneous
parts, and a large amount of materials
which can be used only In the manu-
facture of the owen Magnetic Motor
Car. or one of similar design and CON
" RAW STEEL AND OTHER
METALS
Raw steel and other metals consist Of
large quantities OF IlalcOmb steel, Ketos
tool steel. high speed steel, tool steel
special No 2U and No. 10 steel, strip
steel. Special M-3l5 steel welding rods
copper wire. brass. copper and brass
tubing. ct.
OUTSIDE INVENTORY.
Tho OUTSIDE inventory consists Of auto
mobile parts partially completed, and
other materials for the completion thereof
now IN the hands OF certain persons firms
or corporations, and which can % ussd
only In the manufacture OF Owen
Magnetic Motor Cars The orders for
said parts and materials we're stopped by
reason Of the appointment of eceivers Tor
aid owen-Ma .netic Motor Car Corpora
tion, and will be avllable In case the
Oh ration Of the factory and plant should
be resumed
All OF the above described property
win first be offered or sale as an entirety
and bids therefor will be received and re-
corded. said bids 60 be conditioned upon
the sale of said property in separate lots
or parcels az a higher price The receivers
viii hen offer said property for sale In
separate parcels or lots as in their dis
crotion may appear most likely TO obtain
the CHEST price. IL the aRgregat y Ice
OF said property so offered IN separate
parcels or lots shall exceed the highestotfer
receivers viii sell and deliver said prop
erty TO the bidder or bidders in separate
parcels or lots. otherwise said property
SHAH be sold TO the highest bidder for
the sa ne as an entirety.
| said property will be sold free and dis
charged from all liens and claims includ-
ing taxes and assessments thereon.
The purchaser or purchasers at said
sale shall pay in cash 70 the receivers at
the time thereof, all lids not exceeding
| the sum OF One Thousand Dollars
| (Sl ,00O00). Ii any bid or bids shall be
| in excess OF One Thousand Dollars 81 900
| the said purchaser or purchasers shall
pay In cash To the receivers at the time
| of sale the sum of one Thousand Dollars
Isl 100000 plus ten per cent 90 per cent?
of that portion of such bid, which shall be
in excess of one Thousand Dollars Isl .0OO)
and the balance of any such bid or bids
shall he paid in cash TO the receivers on
or before the day and hour fixed for the
| return OF this sale, to wit November Is,
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.
in lieu of paying any unpaid portion of
his bid or bids as aforesaid. TO apply to
the court for an order allowing him or
them to furnish to the receivers bond
with surety. TO be approved by the court.
to 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 reserving 60
itself the right to refuse TO make any
| such last mentioned order, and In case
any such order should be made, the court
| further reserves the right TO cause any
| of said property TO be re-taken and re-sold,
| in ease the principal or surety in said bond
| shall fail To comply with any order OF the
| court touching the payment of the
| amount to secure which said bond may be
! given The court also reserves the right
| to make any other order it may deem
wise touching the retention by the re-
| ceivers of the possession of the property
| TO secure any part payment of the pur-
chase price, for which said bond may be
given. until the amount secured by said
bond is fully paid.
| IL at the time of confirmation OF said
/ sale, or at any other time, any bid or
| bi1s shall be accepted by the court fOi
| any of said property, and the person OF
persons making such bid or bids shall
| fail TO comply with all the con ditions OF
the sale and 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 OF
| bidders. when said property Is struck of
shall be forfeited and applied as the court
1 may thereafter direct.
| No part OF the property sold at said
/ sale shall be delivered to- the purchaser OF
| purchasers thereof until after the con.
| irmation OF sais sale by the court. and
an order by the court directing such de-
| livery.
For further particulars reference is
/ made To the aforementioned DEGREES
/ OF the said district court of the United
/ States for the District of Delaware now