Every evening, Wilmington daily commercial., 1922-02-18

the owner the individual tenant of
any OF said properties shall have the
option for period OF thirty days after
posting OF list as hereinafter provid-
ed OF purchasing for his own use from
the lump sum bidder. the property oc-
cupied by the tenant at the time OF
sale. upon the terms prescribed for
sale plan II hereunder, at the price
set opposite his property in the list
above referred 10 plus ten per centum
Gost) thereof.
"B. The second plan provides that
Immediately following the offer OF the
property under sale plan A IL shall
be offered by individual units. or by
lots or groups, as may be determined
by the owner. in the manner and on
the conditions set forth In the terms
OF sale. II the total OF blds re-
celved under sale plan IL shall equal
or exceed the highest lump sum bid
received under sale plan A, the bids
received under sale plan A shall
0o rejected Within three days after
the completion OF the sale under plan
~, announcement will be made by
the owner. through the public press OF
tce cf the owner at 2i04 Lancaster
Avenue, in said city. under which OF
said plans the property has been sold.
n under either"
Under both plans the tenants, no
matter what rumors there may be TO
the contrary. enjoy unusual protec-
ton. Under Plan A they Will be able
TO buy the property, IL they 30 elect.
even though Il IL knocked down" I'm
It's entirety. Under II they are priv
/ LEGGED 10 bid anything they like. pay
ing only what they bid. should the
I property be knocked down 10 them
and not 10 per cent moro as under
/ Plan a, as rurnor would have it, nor
pay any auctioneers fees. They are
/ 20 receive first consideration by orde,
/ OF the Shipping Board and they shall
As many OF the tenants have no in
tention OF buying a great number OF
bargains is anticipated.
d II a person is unable to attend the
sale that person may place an order
with Gerth'e Realty Experts. who have
offices in the du Pont Building to bic
up TO whstcver price IL named, pro.
viding. OF course. a sufficient amount
Of cash or cash equivalent is deposited
before hand. Should the part.cula,
4 property sought be knocked down
Tor less than such bid calls for sucl
person will naturally derive full ben.
eft.
I II Is advisable that those who realls
want homes for their own occupanc,
should select the houses they desire {:
advance and then attend the auctior
anc bid for them quickly. This cours,
- advocated because spectators at
tend all auctions OF similar charactei
! loo~ing for an opportunity to grab
rows or houses at bargain prices an,
later sell them at a large profit. Home
seekers can only circumvent the de
signs or spectators by attending tn,
sale IN large numbers, bringing with
them as much cash as possible. or Ger
ufled checks. or sound negotiable Sc
eurlties. or bank books. and by b.ddin,
/ boldly and loudly.
Z The question has been raised as I,
the lie OF the restrictions at Un.o,
Park Gardens. In this connection tn
United States Shipping Board Emer
gency Fleet Corporation states EN-
: phaucaIy that the restrictions wi,
! remain as they are no matter what (
, SAID 10 the contrary or who SAYS Il
Ihe restrictions are fully set forth i
! the terms Of sale and that should b
! sufrciont guarantee.