The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-26
NOTICE RECEIVER S SALE OF
MACHINE COMPANY

Indianapolis Ind.
Notice Is hereby given that by virtue Oh
an order of the Marion Superior Court Room
- Indiana. in the cause OF Herbert +. FINK
VS. MiNholland Machine Company. same be-
nag known as cause No. A-Z-loo OF s5lo
court the undersigned receiver OF said de-
PENDANT Minhol and Machine Company, wlll
al the hour Of 10 O'Clock a. m, on ehe l4th
day OF May. 1924. and from day to DAY
thereafter until sold offer for sale. at private
sale at the office Of said receiver. llO2 w.
Tweuty-Third Belt Railroad and 23rd ~. d.
in the city of Indianapolis. Marion County,
Indiana. the following described property OF
said defendant. tO-wt. -
An OF the property OF said Millholand
Machine Company real. personal and mixed,
excepting cash on hand and IN bank, &C
counts and notes and bills receivable.
For the purposes OF sale the property has
been divided into the following parcels
Parcel A Lots eighteen tISl. nineteen
go, twenty t2ol. twenty-one t21l. twenty =
to4D tSentv.fve t25) twenty-sx (261.
twenty seven t27l twenty eight t2Sl twenty
nine t29). thirty t5U). tn,rty-one. t31 }.
thirty-two 1922 and thirty-three t33l IN
Caroline Place Revised an addition to the
tcity of Indianapolis. Marion County. Indiana.
Said real estate Is plated and laid out as
town lots suitable Tor resident haAlldiBg pur-
poses and are not necessarily a part OF the
plant of said defendant. 80, -
Jesse Jones addition TO the city Of Indian.
apohs, Marion County. Indiana, described
as follows: Beginning on the south line Of
said lot at a point tifty-five and one-tenth
tb5I) feet west OF the southeast corner
thereof. said beginning point being on the
west line of the rightot-way OF the Belt
Railroad and running west with the south
line of said lot in the center of the street
three hundred nine and elghttenths t3Oe 81
feet thence north parallel with the exist line
OF said lot two hundred eighty-two l2S2)
feet. thence east parallel with the south line
Of said lot three hundred nine and one-tenth
600 ~ feet to the west line of the right
of-way OF the Belt Railroad; thence south
two hundred eighty-twO t2S2l~feet to the
place of beginning. containing two 90 acres
more or less. and subject to the rights oil
the public in said street.
This parcel includes the buildings line
shafting, sprinkler system heating equip,
ment, electric wiring bOth Tor hghtlng ana
power, boilers and stack.
Parcel c: Machine tools. motors and
starters handling equipment small tools not
especially adopted to the manufacture of
and office furniture and fixtures
Parcel d Good viii and business. ex-
elusive of cash on hand and in bank and
accounts and bills and notes receivable, but
including drawings, patterns. patents, trade
marks trade-name, jigs and fixtures and all
tools and equipment specially designed or
constructed for the manufacture OF the
company's product also merchandise In
ventory. raw materials, work in process
finished parts. parts in process OF assembly
and finished tools and machines.
All of said property to be sold subject to
the approval of the court and for not less
than the aggregate sum of one hundred fifty
thousand dollars (S150000.00I and when
sold in parcels, the purchase price OF the
several parcels so sold shall be paid in cash
before the removal of the parcel.
Should the sale be in bulk or should Par
Gel A and Parcel be sold as separate units
or should they be sold together the purchaser
will be required to pay one-third (1-3) of
the purchase price in cash and the remainder
in not to exceed two equal installments due
in not to exceed sixty C60) and ninety 900
days respectively from date; such deferred
payments to be evidenced by negotiable
promissory notes of the purchaser bearing
six per cent GO co) interest per annum from
date. waving relief and providing for at
torneys fees and secured by first mortgage
on the property purchased.
Said real estate viii be sold free and DIS
charged from all liens and encumbrances.
Each and every bidder shall put up with
the receiver a certified check for not less
than ten per cent (l0&6) of the amount of
his bid when bidding on separate parcels
payable to the order of said receiver. and
that bidders for the entire property shall
deposit a certified check with the receiver
payable to the order of the receiver for not
less than 100000, as esrnest money which
shall be applied upon the purchase price if
such bid is approved by the court and the
bid is approved by the court and the bidder
fails or refuses to make good his bid and
should said bid be declined or rejected by the
complete the sale made on each such bid
then and in either event the same shall be
returned to the deposition
Date at indianapolis. Ind, this 18th day
OF April 1924.
1sIGNED) BERT MCBRIDE. Receiver.
For Millholand Machine Company
April 10. 90
NOTICE OF APPOINTMENT
Notice is hereby given that the under
signed has duly qualified as administrator
with will annexed of estate of George G.
Thompson, deceased, late of Marion County
WALTER n. THOMPSON.