The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-19
LEGAL NOTICES
NOTICE RECEIVERS SALE OF
MILLHOLLAND MACHINE COMPANY

Indianapolis. Ind.
Notice is hereby given that by virtue OF
an order of the Marion Superior Court, Room
g Indiana, in the cause OF Herbert L. FINK
VS.. Millholland Machine Company. same be
ing known as cause No. A-22lOO OF SAID
court. the undersigned receiver OF said de-
PENDANT Millholllnd Machine Company VIII
at the hour of 10 o'clock a. m, on the l4th
day of May. 1924. and from day TO Gay
thereafter until sold, offer for sale. at private
sale at the office Of said receiver, l1O2 W.
TwentyThird Belt Railroad and 23rd ST.
in the city of Indianapolis, Marion County.
Indiana. the following described property OF
said defendant, to-wit:
All of the property of said Millhouand
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
Parcel A Lots eighteen t1Sl, nineteen
t19). twenty 600. twenty-one t2ll. twenty
two (22), twenty h<ae (23). twenty four lou
go, twenty-five (25), twenty-six (26l'
Twenty-seven t27 twenty-eight t2S), twenty
nine t29l. thirty 900, thirty one (34)
thirty-two 1922 and thirty-three $50. in
Caroline Place Revised an addition to the
city of Indianapolis. Marion County, Indiana.
Said real estate is plated and laid out as
town lots suitable for resident building pur-
poses and are not necessarily part OF the
plant of said defendant.
Parcel B Part OF lot eleven (1D, in
Jesse Jones addition to the city of Indian
apoHs. Marion County. Indiana, described
as follows. Beginning on the south line OF
said lot at e point ffty-five and one-tenth
i o
thereof. said beginning point being on the
west line of the right-of-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 eight-tenths (309.S)
feet: thence north parallel with the east 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
1909 y feet to the west line of the right
oi-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 OF
the public i'll said street.
This parcel includes the buildings. line
shafting, sprinkler system. heating equip
ment electric wiring both for Hgntlng ana
power boilers and stack .o-. .,d
Parcel c; Machine tools. motors ana
starters. handling equipment. small tools not
especially adopted to the manufacture OF
and office furniture and fixtures.
Parcel D Good will and business, ex-
elusive OF cash on hand and in bank and
accounts aud bills and notes receivable, but
including drawings, patterns. patents, trade
marks trade-name, Jigs and fixtures and all
tools ana equipment specially designed or
constructed for the manufacture Of the
company's product; also merchandise in
veQtory 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 Tor not less
thousand dollars $3.50 100000 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 should Par
eel A and Parcel be sold separate units
or should they be sold together the purch aser
win 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 t60) and ninety 900
days respectively from date; such deferred
payments to be evidenced by negotiable
promissory notes Of the purchaser bearing
six per cent (6Gol interest per snnum from
date. waving relief and providing for at
torneys fees and secured by fret mortgage
on the property purchased.
Said real estate VIII sold free and dis
charged from air liens and encumbrances.
Each and every bidder shall put up with
the receiver s. certified check for not less
than ten per cent t10ec 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 q certified check with the receiver
payable 10 the order of the receiver for not
less than So, 0000 90. as esrnest money which
shall be applied upon the purchase price If
such bid is approved by the court and the
same shall be retained by the receiver if such
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
receiver or the receiver fail or refuse to
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
1sIGNED) BERT MCBRIDE. Receiver.
For Millholland Machine Company.