Every evening, Wilmington daily commercial., 1922-02-20
AUcTIoNs--LEcALs.
Legal Notices
NOTICE or EECETyyRs' sALx
OWEN MAGNETIC MOTOR CAR
CORPORATION

OWEN MA6NETiG MoToR cAb
CORPORATION.
70 a decree Of the District Court OF the
United states for the district Of Delaware
entered on February 7, 1922. in = certain
r. Hunxerford. compisinsnt' and nd Oven. en-
Magnetic Motor Car Corporation. ds-
fendant. for the sale BY Charles p Ross.
receivers OF said Owen Magnetic Notor
Car Corp. by said Court duly appointed
IN the said cause OF All personal property
q . tne & said com company. We: the MID Charles
Harris, receivers as aforesaid. will ssii
az public sale or auction % the highest
bidder or bidders therefor At the manu-
borough Of Forty Fort. Tizernc county.
belonging 20 70 tho sald corporation on
9TH. sth and 9Th days Of March. ip22. a. 10
O'Clock In the forenoon or on das An
~ an hour 20 which tho sale may be
1xtures. automobile parts ard rnsteriais
constituting property OF the Oven-
Magnetic Car Corporation. described ~
MAcHfNERY AND TOOLS
The machinery and tools are In ercerlent
condition, ana consist OF boring mills.
plnners, drlli presses. grinders. lathes.
ture patterns. patterns for factory equip
mcnt. punches. dies. nolds. heat treat
equipment. mletallurgical supplies aud
equipment and miscellaneous small tools
OFFICE FURNITuRE AND EQUIP
The once furniture and equipment
consists OF large number Of dssks,
writer's. adding machines dlctapho,e.
safes. addressograph. files and other mis-,
celianeous Office fixtures.
FACTORY 20 UIPMENT.
The factory equipment consists OF povm
transmission equipment, electrical squip-
ment. used IN connection with power
! puileys, work benches. tables hose. auto.
mobiles. trucks and other Iniscellanror,s
articles ordinarily used in msnur.c-
AUTOMOBILE PARTS AND
| MATERIALS
| Automobile parts and materials con-
/ sisting OF large number Of rnisrellaneor,s
parts and large amount OF materials
which can be used only In the mann
facture u the Owen Magnetic Motor Car.
or Or one me o. sr spiler design and construction.
Raw steel and other metals consist Of
/ 'arge quantities Of Haicornb stsei Re.os
tool steel, high speed steel. tool steel.
| steel. Special M-3i5 steel. Welding rods
| copper wire. brass copper and brass
OUTSIDE INVENTORY
The outside inventory consists OF .u.o-
mobile parts partially cornpletef and
other materials for the completion thereof
nov IN INC hands of certain pereons.
| hrms or corporations and which can bs
used only In the manufacture ~ the
Owen-bagnetic Motor car The orders
for said parts and materials wore stopped
by reason of the appointment Of rec~iysr.
| for said Owen Magnetic Motor ar Corpor-
alton and VIII BE available in case the oper-
alton of tho factory and plant should bs
All Of the above described property WIN
hrst be offered for sale as an entfr-ty and
bids therefor VIII be received and
recorded said bids 20 be conditioned upon
or parcels at the higher price Tho re-
ceivers viii then offer said property for
sale In separate parcels or lots as In their
discretion msy appear most hkely to
obtain the highest price II the axsrssa.s
price OF said property so offered In s~pa-
rate parcels or lots shall exceed the hIahes,
receivers will seIl And deliver aid pron-
erty 20 the bidder or bidders in separatA
parcels or lots: otherwise ssid propertv
snsli be sold 90 the highest bidder for ths
said property viii be sold rre. and dis
CHARGED from all liens and claims in.
/, Guiding assessments thereon
The bidder or bidders at said sata
. whether on the property as an entirety oy
on the articles. parcels or lots As arore-
said, TO whom said property shall b,
cash, or by duly certified chscks TO ths
receivers at the time any OF said property
is struck of. minimum payment OF
twenty-fve per cent as per cent? of thu
: amount Of each and every OF s,Ich bid q,
. bids. The balance OF the amount OF any
bid OF bids so made. II the sale shall be
sonnrmed ~ tne court. shall hc re
bidders in cash. or by duly certified cheek
TO said receivers on or before the twenty
nsss day OF March a d; 1922. II anc
property shall be accepted and confirne<
~ this court. the bidder or bidders max
ing said bid or bids shall fail 20 maxi
payment as aforesaid. or the balance o
the amount OF money due on said Bid y,
bids, or shall fail to comply with all IN,
terms and conditions of said sale and IN,
, orders OF the court In respect thereto
any and all moneys for or on account OF IN,
4 purchase price. or amount or amounts n
such oid or bids so deposited by the pur
z chaser or purchasers or bidder Or bidders
Z snal De absolutely forfeited. and tho pro
ceeds thereof shall be applied as thi
= court may hereafter direct. it being a,
}. express condition OF this sale that In th
: event OF the default as aforesaid IN
I purchaser or purchasers or bidder or Did
ders shau forfeit not only the sums o
: money so deposited by them. but ala
;, all their right. title or interest In an,
4 70 any and all of the property UPON rh
made
. No part Of the property sold at sal
v sale shaH be delivered to the purchaser o
purchasers thereof. or the bidder .
+ bidders thereon until after the confrma
Sion VI Nue said sale. and then only upo
/. run compliance with the terms and coudl
/ tons OF said sale
The leceivers shall make return OF thel
pToceed1nss under this decree on Saturday
: Marcb llth. A. ID. 1922, at 10 O'Clock A. VI
}. FOR further particulars reference Is mad
:, 70 the above mentioned DEGREES OF IN
salG district court OF the United state
= FOR the District Of Delaware now on nj
with the clerk of the said court at Wi
mlngton. Delaware. All Inquiries an
- correspondence should be addressed to I'd
W receivers at Wilkes-Barre Pennsylvapls
The promises and property are open 10
m inspection at any reasonable time upo
- : notice TO the receivers
CHARLES r. ROSS,
~ ROBERT PENNINGTON.
- JAMES p, HARRIS.
III Receivers Owen-Magnetic Motor Ca
= Corpora ton
). GEORGE ". DAVIS,
s. solicitor for Receivers. Wilminsror
r Delaware.
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