Perth Amboy evening news., 1923-10-13

and excluding fixtures will be offered in
The bid or bids which produce the lar
gest aggregate price for the whole Will
be accepted.
A deposit of Twenty-Five Thousand Doll
lars will be required from the entirety
bidder.
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.
2. For the protection of bona fide bid
ders the auctioneers may, at their discre-
ton, require the payment of the adver-
tised deposit in cash by any bidder before
accepting his bid.
g.. The trustees reserve the right pre-
vious to the property being struck OFF to
Increase the advertised amount of the
deposit If, in their judgment, they deem
it proper to do so.
The balance of the bid for the
entire plant or for the real estate sepa-
rately shall be paid within 60 days after
the acceptance of the bid upon delivery
of the trustees deed.
s. 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 l~iquidated 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 i'm
provements which may be thereon ana
the purchaser hereby valves any claim
or right he might otherwise have by
reason of any such error or misdescription
| and agrees that If 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 fulhllment 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
8. In the case of properties upon
which there is a reserve, the auctloneers
shall have the right to bid on behalf OF
the seller.
O. Taxes and water rents to be appor-
toned to the date of settlement.
TERMS OF SALE OF PERSONAL
PROPERTY
1. The highest bidder to be the buyer,
subject to the terms of sale, and II 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 Auctioheer II In his judgment such
bid would be likely to affect the sale
injuriousiy.
3. Every article sold singly; 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 IL required; in de-
fault of which the lot or lots so pur-
chased to be Immediately put up again
and re-sbld.
g.. 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 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-