Perth Amboy evening news., 1923-11-03


and excluding fixtures will be offered in
piecemeal lots.
The bid or bids which produce the lar
gest aggregate price for the whole will
be accepted.
A deposit of Twenty-Five Thousand Dol
lars will be required from the entirety
A deposit of Ten Thousand Dollars Will
be required from the bidder on the real
TERMS OF SALE FOR REAL ESTATE
/. In case of default In making any
such deposit the property may be resold
at the purchasers expense and risk either
at once or thereafter.
. For the protection of BONA fde bid
ders the auctioneers may, at their dtscre-
ton, require the payment OF the adyer-
tised deposit in cash by any bidder before
accepting his bid.
3. The trustees reserve tho right pre-
vious to the property being struck off TO
increase the advertised amount Of the
deposit II. in their judgment, they deem
4. The balance OF the bid for the
entire plant or for the real estate sepa-
rateiy shall be paid within 60 days after
1.-THE acceptance of the bid upon delivery
of tie trustees deed.
J 5. In addition to any other remedies
at law given to the trutees In the case
of failure by the purchaser to comply
! with the terms of the sale the trustees
shall have the option of declaring the
sale off and of retaining the deposit
money as liquidated damages for the
default or of reselling the property Mt
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 lnvalidated
by errors or misdescription of the size Of
the parcel of land sold or of the i'm
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 mlsdescription
and agrees that IL the property sold can
be identified by the description as given
or any part thereof, he will accept same
at the full price bid in complete salts
faction and fulfllment 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.
s. In the case OF properties upon
which there is a reserve, the auctioneers
shall have the right to bid on behalf of
the seller.
Q. Taxes and water rents to be appor-
toned to the date of settlement.
TERMS OF SALE OF PERSONAL
PROPERTY
/. 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 resold.
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.
3. Every article sold slngly. nothing
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 do
fault of which tho lot or lots so pur-
chased to be Immediately put up again
and re-sold.
g.. All deposits made are applicable to
any or all purchases either at this sale
or at any previous sale.
6. The lots TO be taken away and paid
for at the buy er's risk and expense
within the time announced by the Auc-
tioneer, the Auctioneers not being re-
sponsible for the correct description
genuineness, authenticity or dect in any
lot, and making no warranty unless spe-
cially mentioned at the time of sale. No
sale will be set aside nor allowance
made on account of any incorrectness,
error in catalogulng, or any imperfection
n.y.
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 ln%accuracy In delivery
and inconvenience in settlement of the
purchases. no lot can on any account be
malnder of the purchase money must
absolutely b paid within the time an
nounced by the Auctioneer and before
the examination or removal of the goods.
l. NtH.A AII1awAI f4r ma Af
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 Auctioneers.
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.
Q. All purchases made at this sale are
at the purchasers risk as soon ms they
are struck off: neither the Auctioneers
nor the trustees being responsible II all
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 goods
during the time allowed for the removal
thereof.
10. A II claims must be made before
the removal of the goods.
II. In case of purchases for which set
Element is required by estimated or actual
weights. counts or measures. no adjust
ments will be made after the time allowed
by the Auctioneers for the removal Of
the purchasers.
IL. The record kept by the clerk OF
sale. together with the marked catalogue
OF the Auctioneers. shall in all cases be
accepted by the buyers as final when
any question arises.
Is. In addition TO any other remedies
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 for
feited: all lots not paid for and removed
within the time allowed by the Auction
GERS shall be re-sold without further no.
tice. and the deficiency { II any) attend
Ing such resale shall be made good by
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 Auctioneers nor the
trustees will be liable for non-delivery
OF any article shove the amount paid by
the purchaser of such article,
10. Commissions to purchase will he
executed by the Auctioneers without
charge. such purchases, however. being