Weekly journal-miner., 1922-03-29
NOTICE OF SALE BY SPECIAL
 MASTER
(Continued from page 4)

[
 for the full amount of such claims. together with accrued interest there
 on; and
 i (D By delivering and surrender
 ing to said Receiver for cancellation
 any Refunding and Improvement
 Mortgage Bonds which have been
 sold and are now owned by the hold
 CTS thereof for the face amount of
 such bonds, with accrued interest thereon, and in the case Of and as to
 bonds which were pledged by the l Consolidated Arizona Smelling Com
 pany as collateral or security for loans, the said bonds, upon being so
 surrendered, will be accepted by the
 Receiver ill full payment for the total
 amount of the claim proved with and
 allowed by the Receiver for which such bonds were held as collateral or 1 security together with accrued inter
 est thereon, in each and every case
 where the amount of said claim IS
 less than the par value of the bond
 issued as collateral or security there
 for and by the surrender to the Re
 ceiver for cancellation of the notes secured by chattel mortgage to the
 Prescott State Bank; and
 (5) Further payment may be made
 by receipting to the Receiver and dis
 charging any other indebtedness of whatsoever description proven and established against the defendant and proved with and allowed by the Re ceiver CT the Court and owned by such bidder; and
 co The method of payment per mitted under Sections }, 4 and i'm mediately preceding this Section shall not operate to defeat in any manner the proper order and sequence of priority of claims as may be estab- lished and ordered by this Court, and the purchaser shall be credited on ac- count of payments made under said Sections such sum only as would be paid in cash upon such liens, mort gages, Refunding and Improvement Mortgage Bonds or other indebted 1 ness out of the proceeds of the sale if the purchase price had been paid in cash.
 s. The successful bidder shall | within thirty days after the confirma- ton of the sale by the Court pay in cash a sufficient sum to pay all of the expenses of the receivership, in cluding said Receivers Certificates, with accrued interest, unless such Re ceiver's Certificates shall be rendered in payment of the balance of the pur- chase price in accordance with the terms of said Final Decree, and not later than the 18th day of June, 1922, unless the Court should otherwise order.
 g. The Court reserves the right to resell the property upon such notice ( IS it may direct at the risk and cost 0f the purchaser in case such pur- ( chaser shall fail or omit to make any payment on account of the purchase . price within twenty days after the [ entering of any order requiring such : payment Neither the purchaser nor lis successors or assigns shall be re Iuired to see to the application of the purchase money. The purchaser shall lave the right to enter his appear .nce in said Court and become a ,arty to the cause. r
 TO- The purchaser shall take the property subject to all taxes levied gainst the same for County, State nd other local purposes that are a fen upon said property, discharged, 4 lowever, of the lien of the Hefunding nd Improvement Mortgage and [ thereto, of the chattel II lortgage hereinbefore referred To and Ii f all liens for labor and material l nd all claims against said defendant \ f every character, except the taxes a foresaid; and the purchaser shall Il ake such property and receive the lc eedS or other instruments of con c eyance and transfer thereof upon the P xpress condition that he or his sue IT essors or assigns shall pay, satisfy 2 nd discharge all expenses incurred \ y the Receiver in the maintenance 4, nd care of said property from the tl me of the confirmation of the sale C ntil the delivery of said property to cC 1ch purchaser, in addition to the q 1rchase price. is II. The purchaser, his successors tt r assigns shall have the right to IS ect not to take or accept any part o- the property struck off to him by tE
 written notice to the Special Mas c T given at any time prior to the M lecution and delivery of the deed or strument of transfer from the Spe-