Every evening, Wilmington daily commercial., 1922-04-12

~. enNtcu On tue twcutieth day or
IN EQUITY, No. s03 and 4o2, pending In said
court, wherein Old Dominion Marine Rail-
way Corporation and Wood Towing Cor
Porhtion are plaintiffs. and the Northern
Transportation Company IL defendant. In
cause NO. 453. and West End Trust Com
pany, as trustee named In u certain
Mortsase Deed OF Trust, dated October .
leSu, executed by the Northern Trans
portation Company. Is plaiutifr, and the
saiu Northern Transportation COMPANY
Is defendant, In cause No a82. for the fore.
closure OF said corporate Mortgage Deed OF
rust ana thereafter accepted and made
part OF certain DEGREES, entered ia ancillary
causes pending In the District Courts OF
tho United states for the District OF Mary
land and tho Eastern District of Virginia
wherein IL was ordered that the property
covered by said mortgage should bc sold
by Joseph Chester Gibson special maatcr
appointed by the said court to make such
sale, i, the said Joseph Chester ELLISON as
such special master and as the person an
pointed by the decree OF said court 10 make
SAID salo tthc Ave days mentioned In said
9creo Tor the exercise OF the right Of re-
demption therein mentioned having now
expired and tho equity of redemption of
SAID defendant and all persons claiming
under H. OF any OF them, being now fore
Closed and cut on and forever barred. will
sell Tree and discharged of all Items and
claims. at public auction or sale, 10 the
highest bidder or bidders therefor. at
the entrance to the United states Court
city OF Wilmington, county OF New Castle
anu state OF Delaware, on "Wednesday. the
rnth day Of May. A. -. 1922, ne twelve
o'clock noon, OF on day and ~ an hour
TO which tho said salo may then upon
public announcement of the time aud place
be finally adjourned, all of the property
subject To the lien OF said mortgage, wheT-
ever situate. and consisting OF the follow
ing barpes and tugs, Ca Wit.
l sestguinS steam tug named and called
Sea King" OF tho burden of lGs tons
l seagoing steam tug named and called
hssex OF the burden uf lp5 tons
| seagoing steam tug named and called
Boston OF tho burden of 2i2 tons
| seaRoing steam tug named and called
Norfolk of tho burden Of 212 tons
/ s'agoing barge named and called W. X
MOoo' ~ the burden Of SIS tons
| seaRoinF barge named and called Mary
land OF tho burden of ga tons
| ssagoing barge named and called North
ern No. g of tho burden VI aga tons.
seayOins barge named aud called "Nofth-
ern No - OF the burden nj ,AAA tons
| seagOing barge named and called North
crn No. OF the burden OF GA tens
l seayoing barge nanei ami callesi North
ern No. II of the burden of 95p tons
l seakoing barge named and called North
ern No ~ OF the burden ~ p70 tons
! ssagOiug barge named aud called North
ern NO Ia Of the burden Of g9l tons
l seagoinE barge named and called North
ern Ne 10 OF tho burden of s6p tons
! sHagotng barge named and called North
ern No. 4 81 the burden 81 SQu tons
seaFoinE barge named and called North,
crn No rs ~ the burden W asa tons
I seagpnE barge named and called North.
cru No 10 Of the burden NJ G9s tons
| ssaguinR barge named and called North
en No 90 Of the burden OF 0n2 tons
l se>goinE hArEe named and called "Nrrth
Crn No ~ OF the burden " AN tons
l sesgoins hayse named and callrd North
ern No ~ bf the burden Of i<2NO tons
I sesgoing barge named and called "North
M ~ hN ffr 1 tor
! Ecasoins barge named and called North
ern No n Of tho burden Of 1927 tons
I scagoins barge named and called North
crn No az OF the burden 81 400 tons
Saasoins harse named and called North
ern No "a % tho burden Of s40 tons
J scagoing barge named aud called North
ern No. IS OF the burdep Of ieos. tons
I seagoiug barge named andCallcd North
ern No se'' OF tho burden ~ a39 tons
Tho aid nortsaSed property viii fret II,
offered for sale as al onurety, and bids re-
ceived therefor Tho highest ~ aid hid'
30 received viii he rec0rled and shall bs
oondi toned upon the subsequent sale al
said property separately at a hiehSr Ns
gresate price Tho said property Will then
Nc offered IS individual bargcs and tuss foI
sale separately, II the aggregate sellins
} price ~ said property, when offered as In
diyiduA bArses and tugs, shall cSceri II
amount the highest Offer for the said prop
crty as an entirety. then asid proper J
will be sold 80 the highest bidder or hid
ders on said individual hargcs and tugs
otherwise said property will I've sold tn thr
highest bidder Tor the same rs an entirety
Any person or persons who shall be 1h'
highest bidder or bidders at said sale fcl
said hsrees and tugs. whether on the GAfn'
As an entirety or on the individual hsTEo,
and tugs separately. upon the acccptapc'
OF his or their hid or bids therefor. and he
fore striking of 20 him or them salt
bargcs and tugs. or any OF thc;n. shal
pay 10 the said special master in cash, 81
By duly certified check or checks. a fni Of
mum payment ~ thirty per contunl 80
per cent Of the amount OF his or shell
hid or bids for which the property or AMI
part thereof Is struck OF. cOnGiDonhllI
OF otherwise. ~ part payment on sccoun
thereof provided however that the bid
der to whom the said mortZased proIErt 8
shall be struck OF IS an eDUrety undo
/ the terms OF said drcTee shall deposit wiz
Gsid special master the sum Of az loas
one hundred thousand dollars slOOo 90
In casc any such highest bidder and pro
posing purchaser shall thereafter fail
upon the acceptance OF his bid. % max
the deposit herein required, the said spe
cial master VIII then and there again Of
fer the property Tor sale without furtho
( notice or advertisement.
! The balance OF the amount ~ any bid o
bids A. made. II accepted by the court
must be paid by the bidder o. bidder
unto the said special master within forty
eight hours after such acceptance. II an,
bid or bids shall be accepted by the cour
and the person or persons mailing ~
J
/ conditions OF sale, and all orders Of tn
! court with respect thereto. such hid or bid
may he rejected and the sum or sums d.
posted by the blddee or bidders 50 failin
TO comply shall be forfeited and shau b
applied as the court may direct,
The court reserves the right. upon SDn
flrrnstiun OF any sale OF said property, Z
charge the same with lien 20 secure an
such further payment or payments q
cash IN amounts then to be Fixed by On
court. or TO require bond or bonds J.
lieu OF -uch lien or liens. The balance q
any purchase price Of said property no
required 20 be paid IN cash may be pal
ia cash. or any purchaser may satlsi
Add make good any part OF MS bid or bld'
not required 20 be paid in CASH. by turnlh
ia % be cancelled or credited, as provide
ia sold decree. any bonds or coupons tnt
including any coupons due prior 20 Octob'
I ]. lS2i) issued aud outstanding und'
said mortgage. and any such purchAsf
shall be credited therefor on account
his bid or bids with such sums as would !
payable on such bonds and coupons at u
purchase price II the whole amount ther"'
he'd been paid In cash. Any purchaser ma
Also .urn I'm on account Of any said pu
chase price not required 20 be paid IN cas
eny OF the rocel ver's certificates theret Ofo
issued 10y the receiver under the authorii
OF said court, to be credited on account
any purchase at their respective amount
with in toTest at the rate provided 10y Euf
receiver: certificates 60 che date VI su'
9aymcLt
ANY puTcnAasT. lis SUCCESSOR or succc
s0rs aud assigns. shall have the right
inter bis 1r their Appearance in said cou
10 said consolidate ted CAUSES and to De MAJ
d party or parties TO all subsequent pr
ceedings therein. so far as his or their r
spective rigbtS or Interests may DO "a
fected
Proper Sills OF s&le snd other sufilcie
Instruments OF transfer OF the pr operty
gold. will DO given TO tho purchaser or pa
chaSers. and he or they shall have i
Z
and other property sold
For further particulars reference
made 20 the above mentioned decree of g.
District Court OF the United states for &
District Of Delaware on flG aud OF rcco
with the clerk Of said court in his Office
the United States Court House and Pos
Office Building, in the city Of Wiimlngto
county Of New Castle and state OF Del