Every evening, Wilmington daily commercial., 1922-05-31
NOTICE or RECEIVERS SALE
BASIC MAN NUFACTURING COMPANY.

BASIC MAN UFACTURING COMPANY.
decree of tho District Court of the
United states for the District of Della
ware, entered on the eighth day Of May.
\. -. 1922. I'm n certain cause IN cot,ify
wherein Commerce Trust Company IL
complainant and Basic Manufacturing
Company IL defendant, the undersigned
Gharles H. Ten Weogos. receiver of said
defendant. duly appointed therein. will
sell az public auction at tho County Court
House for New Castle county, State of
Delaware, on Thursday, tho eighth day OF
time on said day, the following described
property Of the said defendant within thr
jurisdiction of this court now In his
hands as said receiver to wit.
ID Those two certain pieces or parcels
OF real estate with the improvem nts
thereon erected located In Now Castle
county aforesaid. designated as parcels
No. l and No. :. VIZ:
Parcel No. |. known as a tenant house.
and situate In or near the town Of New
port. in said county, and being the same
defendant by deed from Evelyn n Cat
lin and Richard II. Catlin. her husband.
GATED NoVembor ~, 1921, and recorded in
the office OF Recorder of Deeds for New
Castle county, state of Delaware said
property will be sold subject TO the lien
OF m2,rtSagS covering said property, exc
II. Catlin. his wife. in favor of Newport
Building and Loan Association. on March
\, 1918 and recorded in mortgage record c.
Volume Il. page d23. in the Office of said
/ recorder. The receiver has been dvised
that the original amount OF said mort
gage. To wit. 81 800. has been reduced TO
approximately $3.50 hy the mortgagors.
Parcel No. ?, consisting of approximately
nine acres of land, known az Lyman PIT
situate in or near the town OF Newport
In saiu county. and being the same prop
erty which was conveyed to said de-
/ fendant. under its then corporate title Of
/ X. IL Cathn Company, by deed from
QuimPy X lyman and Lucinda h. Ly-
/ recorded In Deed Record L. Volume Ok
/ page 2S2. in the ofjce of said recorder
said property Will be sold subject 70 the
lien of a mortgage In the principal amount
! OF S}.OOO covering said property. executed
/ by said defendant in favor of Harriet h
Hanifin of New York county, New York
and recorded i'll Mortgage Record l. Vol
umo ~ page 377. in the oirice of aaid
t2). Personal property consisting of two
gas engines II and 2'9-horsepower. one
IS ! sand settling tank, one air com
cupola bricks located at Newport, Della
ware; desks, tables typewrfters. Bur
roughs adding machine. fllos and general
Equitable Building. Wilmington. Del
also POO shares of capital stock of Delaware
state Association and 20 shares OF
the capital stock of Mutual Tire and
All the above property offered as an en-
tirety and in separate parcels Successful
bidder for property as entirety or in sep.
arate parcels is required to pay In cash OF
by ccruned check, at time property Is
struck or, thirty (30l per cent OF the
amount Of such bid: balance required IN
cash or by certified check on or before
June II. 1922 For further particulars q:
TO terms OF sale ste order of sale sbov,
mentioned on file with the clerk OF tn,
said District Court
For further narTfrtiarS 20
To be sold inquire of the receiver. di
Pont building Wilmington Del
CHARLES III. TEN WEEGFS.
Receiver, Basic Manufacturing Company
Charles g. Keedy. Esq.
solicitor for Receiver
Wilmington. Del