New-York tribune., 1922-11-15

purchasers, IL there IN ce inelAs#
ano Includes also the sr,ocn.,hsn shsn On K
s,sns or any purctaser(. s,,,as, sso's ana ia
sicu OF the sale or sales. 1n,sst oonnln,
sass..s. paymsnt Or payments ~ ss as sass&
cos,,f 49,. :. Lne purchase prizes =. sh = &
ns1 eou1L may from time Il, tins %..s - sE
making payment of ths ,assSee Suireek ii
PIG she Purchaser NAV fpr,, S. OF ts
Sp pecsat Master at their fIss,t.ossser oser y tfsa
mortgage Notes and non,nn.e siYe Tvs yst,s
IONS Or claims with pronsr or ohlisl
Inoreor entitled to share IN a. 1snssssR +
III the Final fDss Tseeg@s OF sale as set fa,.-
IN i.eu OF @ortrage Notes sna -.
OF OK such obligations or olasrsNu au sovpsssS 1
cisl Master may accept TINS ~ this sns sSs {
OK any national bank or go. csfttheaa
IN the CITY Of New York - eornpss,
of Detrolt, Michigan, soosyt.t. - the Sc
Inat II holds, subject M kss % his
spcolned sfnount OF Mortraes ,sgsoey,
os ~ y, NJ. Dg she coupons thera,,, 3 "
or or ob3gahons or oisjrns - e,n ~, stasts
scter thersin specified with srs q. tns shss I
fers thereof. W." proper tran.
The Purchaser will ~
account OK the purchase s.edasss q
properly oy him PURCHASED ~ OF ths
gage votes ana coupons ~ 81 Aoss,
or claims SO turned over ~ oiigstions
"a sster IN part payment 81 ~ sae Spsetsi
price Witn such Sums as wo,,ls psaTehaes
aa,,,s',ts rsspecs oi Sucn Nortgses No.. pa's
coupons or obligations or t-soEes and
the proceeds OF tho ssls n ,'ss a. out q
srnount OF the purchase mt. sne wAofs
In cash. The Purchaser MI, Were PAID
CURED 70 pay on account ~ ~ ns re-.
price any amount IN cass 80, g,oEcesse
distribution out Of the orocsesafe3 for
hn&oe 20 sueh Purchaser unoa - sale
opI,ys+to,,a .oi ~, ssage l,s votes ard couoss,
in the distribution of tbs 49,. 70 share
sale until ten days after sssS s%cseds 81
application OF OF on befalf 40 sSoeft On
OF any of such Mortgage Nats, .hs nsldss
pons. obligations or claims ssss1o ano Con-
its oroer or decree directing sass enter
sccoraanee s with sucn ordar Of ana ssas n
dfstributive share upon sses sscn ssn ossh
Noess ana coupons. obligatioas Or erssss sls.sss
SAID Court reserves psrama,-. -,
and charge upon the property ssss hea
Purchaser for tho payment n IN - any
purchase price thereof and resAr,es - tns
right, upon such notfcs ss .ssx = tns
may direct, to retaks ara s.s.,Oo Ooafs
property sold TO suoh Parchass- -. q. Aa1
ne shall fall to comply with nns ..s 80
ok said Court directing payment sf sssa
purchase price or any Part tb.rsssa =. SOFT
tho period Of twenty dsvs ~ 10 ~ ~ loF
peal be taken from any s,ei, ars.s sp-
the period or twenty days after ths s..s' .ai
ice Of notice of entry Of the ordsr a. go
affirming such order on appeal ''-'sss
Wiz Upon confirmation Of n. -.
and upon payment By any Pmrcs ses
the purchase price Of the nronsre- =. y
chassd Sy him. or such portion Of Ssrs
purchase price as shall, pursuant ~ a sss
provisions Of the Final Dsorss ~ ~ ~ -.
order OF confirmation, be reonirss ;,
paid In advance of the d.liverv 80 ~. :.
deeds or other fnstrgueuts os go -
ance or assiguTns snt and t-snsfar a., -.
Special Master, or upon the rr1sks,. :.
such purchaser Of such provision FOR ~.
payment thereof as said court sh.Ii ~ sss
prove, the Special Master win "a. s,..s.,. y.
deed or deeds or other instrurasrs i.
instruments conveying assigning 40
transferring TO such Purchaser ths n.--
erty sold to such Purchaser. snbisst
however, to Article Fourtssnth M N.
Final Decree. Such deed or dss6. !.
other instrument or instruments OF ceu.
veyance or assignment or transfer rsn
run and be delivered to such Prrrsss.r
and upon the production thereof or of
certified copy or copies thereof tss
grantee or grantees therein NAMED wsiI
be let into the possession Of tbs rropsrsy
SO conveyed or transferred, and ehsi
after such delivery of possession hcie
possess and enjoy the property so con-
veyeds assigned and transferred and
every part and parcel thereof free from
the trust and lien OF said First MORTGAGE
and free from all GLAZING, rights interest,"
or equity OF redemption Of in or 70 the
same by or Of the Chalmers Company.
its successors and assigns and by or Of
the creditors or stockholders Of she
Chalmers Company and by or of all per-
sons claiming by. under or through the
Chalmers Company, its creditors or lis
stockholders and by or Of all parties te
said consolidated cause or TO the caa-
stitueHt causes thereof but subject, hsv.
ever, to the compliance by the Pr
chaser with all conditions upon s1s
Purchaser imposed by the Final Decn
TX. Article Thirteenth OF the Fa
Decree provides that the Receiver sf8
not more than twenty nor less than tn
days prior to the date fixed for The R4
under the Final Decree, file VIII II
Clerk of said Court, an advisory its4
ment or statements showing al DE-
scribing as definitely as practica&Ss
Ia general terms tI1 all outstandinsSaz
tracts and leases to which the Chalmers
Company or the Receiver may be party
and to which, II any, Of the rsresis In
the Final Decree described said con-
tracta and leases are appurtenant:
the property IN the Final Decree de-
scribed and designated as Parcels
taxes, liens. and assessments ana pafe
chase money or vendors or contraetcss
or mechanics liens upon the property b
the Final Decree directed to be sold
specifying the particular pieces Of grs-
erty upon which the same YesDeattHg
shall constitute lien or charga
x. Any Purchaser will hgys IN
right to elect not to take or accept sN
part OF the property sold TO such Pu.
chaser by written notice OF his electirs
TO the Special Master given at any tine
prior to the execution and delivery q
the deeds or other instruments Of css
veyance from the Special Master. So
diminish or affect the purchase price y
be paid by such Purchaser.
AS provided In Article Fourteenth o.
the Final Decree, the Purchaser Of ths
property as an entirety will be allowed
enc year from the date OF taking pos
session OF the property sold within whiah
10 elect to adopt or continue In force OF
10 refuse to adopt or continue in torce.
any lease or other execItory oostrses
which may be included in the property
sold to such Purchaser or which ms
constitute an incident thereto or Be "
purtenane thereto. Such right OF ~
tion reserved as above stated VII ~
apply TO any contract or contract, hels-
tofore or hereafter entered into ~ M
Receiver by authority OF said Ca ft
xT. The Trustee under SAT Fsfs
mortgage or any holder or 1a9ftsabs
Notes or any of the parties TO the cor
soltdated cause above referred 10 or g
either Of the constituent causes tnefeo
or any creditor or any stockholdsr 2
the Chalmers Company or any hcioes
any obligation OF the Receiver or csnss
creditor OF the Receiver or any ane.
person whosoever may. subject 70 lns
provisions Of Article Ninth OF the sana
Decree. bid at any such sale, ana
successful bidder may purchase 10 n's
Its or their own right.
XII. BY the Final Decres saia GOVT
reserves for future adjudication sh gus
tions not disposed OF by the Final az
cree.
For further particulars reference
hereby made to the Final Decrse. 70 tas
advisory statements to bs fled oy ~
Receiver. as provided in Article tsn. -.
teenth OF the Final Decree. ana 20 G
records and proceedings in SAID co.sss. ..s
dated cause and tho constituent esssss essss
thereof on ile in the ONCE Of fhe Cssse
OF said Court.
November s. 1898.
sos Federal Building,