New-York tribune., 1922-10-11

FORECLOSURE SALES

| directed to be paid out of such pYoca.a. -
base5 tne prp95es fs SET fern s IN II subdivision
Court reserves the right from st tiras aeoys " tha
e REQUIRE the payment OF such deciencvv' v''he ne
Of the failure or refusal of any such "rsns ven
chaser to pay snch amount so reduiredg gut. =
be paid within thirty (3ol days after ru 10 %
! or in the event the purchaser fails e;yinsnt. Il
/ ON, e,nes fespeot to comply with the terms es !,
fase hs eia and ne M the right 70 re-
ply the proceeds Of such resale to tba nu ns ap
! ment OF the deficiency, rendering unto sss. sxy,
! purchaser tho surplus, IL any INV" oncn
The purchaser or purcfa sers A. ,ha
may SATISFY ana make good the balance ~
mis- bid above the sum or sums rAa'ssrsee y y
delivering to the Special Master - so5pSae, psre, by
certified. iesued and outstanding under agay th
mortsage 20 Of the defendant Railway coms me
| the defendant Railway Company div us es.. or
PED, Issued ana outstanding under Hs raar. nyr.t-
hons Isl 1907 and the cou
| the aforesaid bonds, which ssjs seesil., any of
unless in negotiable form, payable 70 Sssrss
blank said bonds and coupons Sgtisf tisfnso s in
ceived by the Special Master at sneh 's s,.l re-
to be deternined by the Court upon the bssse ras
port Of the Special Master as g,onis ,us re-
equivalent to the distrIbutahls anoo,,,. wonid bs
fthe holders thereof would be entitled n 'ast rs
n1oneys In case the entire arnoi,nf fpusshsse ae s
LID were paid in cash. VI ths
Ihe SPECIAL master may, in his dscre,lo,
accept temporarily. instead Of the ansns, 'ion.
livery to him OF said bonds ard co,,no,s ue-
certificate OF any bank or srust Vtupons. ae tbs
satisfactory TO him that 1t holds said idj"tpssy bsy
and coupons subject to the oTder =, oonos
Special Master and will deliver tbe,, sald
upons demand for cancellation or otbso 20 a,n a,n'
position. V'Hsl ois-
1t is a condition, OF the anil. :. =.
property that the purchaser. or n,,roh said
shall assume al pending uncompIetes srs
not fully executed contracts made 10 ~ sn
Receiver since HIS appointrnen+ Ioe hy me
GRAFTON, maintenance and betfern,snt ns .p
property In the hands Of the Reeve RiS u 'hs
The Receiver has been dIreetsd -. a.,
statement with the CLERK Of ,he 70 90 ME .
with the Special Master two wesks ps'n, ana
show In such detail as be shaN and nrsna; snasi
cable the principal Items Of indssteanss...
obligations and liabilities contracted Or in.
Cured by him remaining unpaid Under ..iI III
pending uncompleted and not fully cxeeussS
contracts, and list OF the contracts to bs
AS assumed by the purchaser, or purchasers.
In no wise constitutes a warranty and mah
statement viii not constitute ground for re-
therefrom or Representations therein
Upon confirmation of sale and payrnsnt ~
the purchase price by the purchaser, or pur-
chasers, and upon compliance by ths pur.
signs, with sthe terms OF sale and orders o.
Court mace and to be made in respect of
the payments as In the decree provided the
Special Master will make, execute and de-
liver to the purchaser. or purchasers or 10
q
instruments. of conveyance. assignment ans
transfer OF the property so sold, In which
instrument, or instruments, the Receives
under foreclosure heretofore appointed mar
join.
The purchaser or purchasers receiving su.h
instrument or instruments of conveyance a.
signment or transfer from the Special Ma
ter. shall be invested with. and shall hoia
possession OF and enjoy the said properly
conveyed, assigned or transferred THEREBY,
appertaining thereto. subject to the pro.
visions of this decree, as fully and com,
pletely as the said The Colorado Springs AMI
the said Receiver now hold or enjoy. aud
have heretofore held and enjoyed the same
and the said purchaser or purchasers SHAH
have, and be entitled to hold. the said
property so sold. freed and diEcha reet ~
and from the lien of each and all of tSs
mortgages foreclosed in and by this decrss
out of any orders of the Court. or action q
the Receiver herein, except as otherwise Il
this decree, specifically provided, and from
of The Colorado Springs and Cripple Crasl
District Railway Company, its stockholdsrs
creditors and Receiver, and of any and eli
causes consolidated herein, and of any and
all persons claiming by. through or under
them. or any OF them. except as hereinaboys
The Special Master has the power to ad
Journ said sale, from time TO- time, to
day BY for oral tns at m
dice to the notice of the sale. and without
the necessity OF publishing any further no.
tice, but the Special Master may, notE,rh
standing, give such notice by publication 81
otherwise, he shall think ft
For other particulars reference is msdb
the said decree of foreclosure and order q
sale hereinaboye referred to and incorperxsss
TVoR O. w1NGsES,
Special Master. 7os synes Building Denver.
Dated August 90. 1922