Perth Amboy evening news., 1923-10-20

sale off and Of retaining the deposit
money as IiquIdated damages for the
default or of reselling the property at
the expense and risk of the purchaser
and or retaining said deposit money. on
account of any loss that may be OCCASION
ed thereby.
6. The sales will not be invalidated
by errors or misdescription of the size OF
the parcel of land sold or of the Inn
provements which may be thereon and
the purchaser hereby valves any claim
or right he might otherwise have by
reason of any such error or mlsdeAcrfption
and agrees that II the property sofd can
be Identified by the description as given
or any part thereof. he will accept same
at the fun price bid in complete salts
faction and fulhliment on the part of the
trustees and auctioneer of all their and
each Of their obligations under this con-
tract.
Z. In case of failure of title or area in
any particular, in consequence OF which
the sale is not contaminated. or in case
the trustees shall reserve the sale on
account of the discovery of liens, assess
ments, restrictions or claims, subject TO
which the purchaser is unwilling TO take
title, the deposit money shall be returned
and there shall be no further liability on
the part of either the trustees or the
auctioneers,
which there is a reserve, the auctioneers
shall have the right to bid on behalf OF
the seller.
0. Taxes and water rents to be appor'
/ llOhNu u iIb OdtQ VI
TERMS OF SALE OF Personal
PROPERTY
l.. The highest bidder to be the buyer,
subject to the terms of sale. and IL any
dispute arises between two or more bid
ders. the Auctioneers shall either decide
the same or the lot SO in dispute shall
be Immediately put up again and reseld.
2, Any bid which is merely a nominal
or fractional advance may be rejected
by the Auctioneer If in his judgment such
bid would be likely to affect the sale
injuriously.
sold by the pair,
4. Purchasers to give names and ad-
dresses. and to make a deposit of 20 per
cent, or as much as the Auctioneers may
require in part payment, or the whole
of the purchase money If required; in de-
fault of which the lot or lots SO pur-
chased to be Immediately put up again
and re-sold.
s. All deposits made are applicable to
any or all purchases either at this sale
or at any previous sale,
G.. The lots to be taken away and paid
for at the buyers risk and expense
within the time announced by the Aue-
~tioneer, the Auctioneers not being re-
sponslble for the correct description
genuineness, authenticity or deet in any
oially mentioned at the time of sale. No
sale will be set aside nor allowance
made on account of any ncorreetness.
error in cataloguing, or any improvisation
not noted. No deduction on damaged
| articles, all goods are exposed for public
exhibition, and sold lust as they are. Pur-
chases will be delivered only upon pre-
sentation of receipted bill therefor.
z, To prevent inaceuracy In delivery
and inconvenience in settlement OF the
purchases. no lot can on any account be
mainder of the purchase money must
absolutely be paid within the time an
nounced by the Auetioneer and before
tho examination or removal or the goods.
mi 49, AIIourna far roVfnant RP
bills and removal of goods is either
printed in the catalogue or announced
by the Auctioneer and can always be OBJ
tanned from the office OF the Auotioneers'
1t is the duty of all purchasers to inform
themselves thereof and no responsibility
shall rest upon the Auctioneer by reason
of the purchasers ignorance thereof;
9. All purchases made at this sale are
at the purchasers risk as soon as they
are struck off; neither the Auetioneers
nor the trustees being Responsible II an
or any part of such purchases be lost
stolen, damaged or destroyed however
without assuming any responsibility the
Auctioneers will take all usual precautions
for the care and protection OF the goous
during the time allowed for the removal
Thereof.
10. All claims must be made before
the removal of the goods.
II, In case of purchases for which set
Element Is required by estlihateu OF a9taal
weights, counts or measures, no ADJUST
ments will be made after the time allowed
by the Auctioneers for the remoyal OF
the purchasers. 20
sale. together with the marked catalogue
of the Auetioneers, shall in all cases ne
accepted by the buyers as mai when
any question arises.
given by law TO the seller, 1T is agreed
that in case of failure by the purchasers
to comply with these terms, the money
deposited in part payment shall be lot,
Ifeited: all lots not paid for and removed
within the time allowed by the Auction
GERS shall be re-sold without further mo-
tiee, and the deficiency { II any attena-
ing such resale shall be made good py
the purchasers at this sale, together with
all charges and expenses which may be
incurred by reason of their failure to
comply with the terms of sale.
Ii. Neither the Auotloneers nor the
trustees will be liable for non-delivery
of any article above the amount paid by
the purchaser Of such article.
is. Commissions to purchase VIII ne
executed by the Auctioneers without
charge, such purchases, however, being
made subject TO the terms OF sale.
10. The Auctioneers shall have the
right to bid on behalf of the seller.
IL. Deposits may be paid in cash or
In certified check. Deposit receipts must
be returned TO the representative OF tne
Auotioneers at time and place of payment
of bill or no credit can be allowed thete-
for. -
estimated weight, count or measure, the
purchaser will be billed for and required
TO pay for the estimated weight, count
or measure. If any shortage be SHOWN
upon delivery the purchaser will be re-
bated therefor at the rate OF purchase;
If there be an excess over the estimated
weight. count or measure the purchaser
will be required to take such excess at the
rate of purchase.
10. Neither the Auctioneers nor the
Trustees are In any manner connected
with the business of the carriage or pack
ing and shipping Of purchases. and al
though they will afford to purchasers
every facility for employing careful car
riers and packers, they will not hold
themselves responsible for the acts or
charges of the parties engaged for such
services.
The trustees and the Auctioneers re-
serve the right to reject any ana all nius,
All deposits must be made In cash OF
certified check drawn to the oroer :"
Samuel II. Freeman g. Company, Auo-
tloneers. a..
The purchaser or purchasers for the
purpose OF making settlement or paynent
for the property purchased AT such saIs
shall be entitled to turn In any bonds Sc
cured by the above mentioned mortgage
and any matured unpaid coupons in order
that there may be credited as PAID there"
on the sums payable out OF the net pro
ceeds of such sale to the holder or holders
oe such bonds or coupons as his or their
ratnble share OF such net proceeds aiter
allowing for the proportion OF the pur-
chase price necessary to pay all sums re-
quired to be paid in cash ana sucn pur-
chaser or purchasers shall be credited on
account of the purchase price OF the
property purchased with the sums pay
able out of such net proceeds on the
bonds and coupons as hereinaooVe ptoI
vided and may bid for and purchase SUN
property provided that so much OF the
p,rcha AZ prica ahall in any event De PAU