Every evening, Wilmington daily commercial., 1922-02-27
y Scores Different People Learn the ResuPower
AUcTloNs--LEcALs.
Legal Notices
NOTICE or RECRTyERs' SALE
OWEN N-MAgNETtC MOTOR CAR
GDRpOHAsrInN

OWEN .MAaHHTfd Moron e cAR
CORPORATION.
s.i. decree :. ssrsRs ss ~ c. .sq 's.s cs,H g e.
United states for the district NJ Delaware
sntered on February = 1922. in ~ certain
,suse In equity pending IN said court. uri
MOTOR or corpora tion de-
fendant. for the ssIe by Charles y Rose.
Robert Pennington and Jau.cs p. Harris.
receivers OF said Owen-M ssnef'c Motor
Car Corp. by said Court duly appointed
In the said cause of ali personal property
~ the said company. We the said Charlss
Ross, Robert Pennington and James y
Harri, receivers as aforesaid, win sell
bidder or bidders thorefor A. tho nanu-
featuring building or buildings in Tbs
borough OF Forty Fort. LaInernc county.
belonging TO tho said corpora ton On
Tuesday. Wednesday and Tbursda tho
7th. sth and 9th days of March, 1907, A. 10
Q clock IN the forenoon or on . da,, sn
at An hour 20 which the sale may ne
finally adjourned. all Of tho machinery,
fixtures, automobile parts and materials
constituting property Of the Owen
Magnetic Car Corporation. described as
MACHINERY AND TOOLS.
The machinery and tools are In excellent
condition. and consist Of boring mills.
p,,nners' In,,n' nb,p aFli pressss grinders. isthes.
ture patterns, patterns for factory equip
nent. punches, dies, nolds, heat treat
equipment. metaIlurgical supplies and
OFFICE FURNITUKE AND EQUIP
MENT
The Office furniture and equipment
consists of largo number OF desks.
tables. chairs. Typewriter desks. typo.
writers, adding machines. dictaphon~,
safes. addressograph. files and other mis-
celisneons once nxtures
FACTORY 70 UIPMgNT.
The factory equipment consists OF poyey
transmission equipment, electrical e1ulp-
ment. used 10 connection with poysy
trsnsmiss'on; hangers. shsfting. betting.
mobiles, trucks and other misceiianeoa,s
articles ordinarily used in manufsc.
turing plant.
MATERIALS
Automobile parts ard materials CON
sisting OF large number OF rnisceJlpnee,t,s :
parts and large amount OF material.
s., sgnicn can De used only in the manu-
or one OF similar design and constriIetio,
/ RAW STEEL AND OTHER INITIALS
Raw steel and other. metals consist oi
/ tool steel high speed steel, tool stes,
/ Special No. 20 and No. no steel. str,r
/ steel. Special M-3i5 steel, Welding rod :
copper wire. brass. copper and bras,
OUTSIDE INVENTORY
! The outside inventory consists OF auto
1n2bno parts partially completed snc
other materials for the completion thereo
ncw In the hands OF certain person.
firms or corporations and which can b.
used only in tho manufacture Of th
! Dwen-n agnettc Motor car. The order
for said parts and materials were stoppe,
By reason Of tho appointment of receiver
| for said Owen-Magnetic Motor Car Corpcr
alton and viii be available IN case tho o,,aY
alton of the factory and plant should b
( resumed
All OF the above described propertv vi,
hrst be offered for sale as an entirety an.
bids therefor viii be received an,
recorded, said bids 70 be conditioner mo
ope ,sres,. se,s .i ss'a propsrty IN separate lot
ceivers will then offer said prop~rty rn
sale In separate parcels or lots as IN th.i
discretion may appear most likely Z
OBTAIN the higheet price II the aggrexst
price OF said property so offered IN sens
rate parcels or lots shall erce>d the hIehes
J bid Tor said property as an entirety sal
receivers VIII sell and deliver said proy
erty 70 the bidder or bidders in separat
parcels or lots: otherwise ssid prop~yt
: shall be sold to the highest bidder for n
same as an entirety.
said property win be sold free and AZ
charged from all liens and claims Ii
I GLIDING assessments thereon
? Tho bidder or bidders at said tal
: whether on the property as an entirety
\ on the articles. parcels or lots A. abr
: struck on. shall be required 10 nav
cash. or by duly certified checks. 10 tl
: receivers at tho time any OF said propcrt
, is struck on, minimum payment
TWEEN ty-five per cent f25 per cent? of ii
p amount of each and every of such hid
! bids. 'rhe balance or the amount OF AZ
T bid or bids so made. IL tho sale shall b
z confirmed by the court. shall be r
. CURED TO be paid by the said bidder
bidders in cash. or by duly certified chec
I 70 said receivers on or before the tvent
frst day Of March, a; ID. 1922. II ar
when any bid or bids for any Of sa
= property shall be accepted and cons1rm,
by this court. the bidder or bidders ma
Ing said bid or bids shall fail TO ma
$ payment as aforesaid, or the balance
tho amount Of money due on said bid
. bids, or shall fail to comply with All &
terms and conditions OF said sale and &
orders of the court In respect theret
8 any and all moneys for orron account OF q
: purchase price, or amount or amounts
n such bid or bids 80 deposited by the r,,
: chaser or purchasers. or bidder or bidder
o shall be absolutely ,forfeited.I and the pr
y court may hereafter dtrectI it being
r express condition OF this sale that in /
y event Of the default as aforesaid. {
: purchaser or purchasers or bidder or bi
4 ders snau forfeit not, pnly{ the sums
: money so deposited by them. but al
all their right, title or Interest In a
= to any and al OF the property upon
g bid or bids for which said deposits ",
IS made.
l. No part of the property soid at ss
Is sale shall be delivered to the purchaser
ie purchasers thereof, or the bidder
" bidders thereon until after tho donflru
re ton OF the said sale, and then only up
/, full compliance with the terms and CON
u tions of said sale.
2, The receivers shall make iretur11 of til
Id proceedings under this decree on Bhturds
~ March Ilth, A. ID. 1922. at 10 o'cIbEk A
lt For urther particulars referencH Is ma
ie 20 the above mentioned decrea5 of
n Said district court OF the United sta
IS for the District Of Delaware now OH
a with the clerk OF the said court at "
Of mington. Delaware. All inquiries a
20 correspondence should be addressed I'd
ik receivers at Wilkes-Barre PenhsyIvan
The premises and property arel open
r. inspection, at any reasonable tirne VI
!, notice to the receivers
20 CHARLES Y. ROSS,
w w ROBERT PENINGTO<---~-
- JAMES p. HARRIS
~ Receivers Owen-Magnetic Motor {
~ Corporation.
az az GEORGE n. DAVIS,
for