The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-01-01


sale date. with such variations in the
merchandise inventories held by said
Receivers as may occur by reason oil
subsequent additions thereto snd deple-
chases, manufacturing operations and or
sales by said Receivers between the
of consummation Of sale Of the property
to the successful bidder or bidders. All
bids for said property as an entirety or
scribed. shall be submitted on the basis
OF said variations in the merchandise ill.,
ventory during said period.
erty so offered for sale appears under
the separate parcels referred to as TO-
DAsoFiP ggEPzRAf 1F rAR RG2rENIH IN
sonal property. Of said Continental OPP
Street, IN the city Of somerville, in
alton By the Receiver in this proceeding,
agent sf Carl G. AIdfich, asa as plant for the
manufacture Of spectacle cases and con-
sisting Of machinery. motors, tools, me-
ment, furniture and fixtures, and al
factory equipment, raw materials, goods
in process of Manufacture, finished
o osat sd0 in 0s sad b m5fR on e day R
same is offered for sale, the character Of
which is described in physical inven-
1928. on fiie at said premises, and
also all manufactured products held
on. consignment by Continental Optical
with such variation in the merchandise
property is offered for sale and the day
expressly indicated; and also all trade
marks, trade-names, copyrights, patents.
applications for patents and inventions
pertaining. to any product or to the
manufactured at said plant; and also
all books, records and papers. pertain
products manufactured at said plant.
Parcel No. 2-All that tangible personal
property Of Continental Optical Corpora
the City Of Newark, State tsi Of New Jersey,
now in operation by Robert S. Sinclair,
ancillary Receiver Of Continental OPP
Gerry of the State of New Jersey, as above
referred to, as plant for the manu-
faeture Of spectacle frames, and con-
sist,ng of machinery, motors, tools, me-
ment, furniture and fixtures and all fac
tory equipment, raw Materials. goods in
and other merchandise inventory, located
in said plant on the day the same. is
offered for sale. the character of which
hefeof tasen as Of besesmber 1st 1928
and on file at said premises, and also
al msnpfae e, products held on con con-
Company or any other persons, with such
variations, IN the merchandise inventory
between the day when said property is
nation Of sale, as hereinahove expressly
indicated; and also all trademarks,
trade-names, oopyrlghts, patents, appli-
tanning to any product or to the process
OF manufacture of any product manu-
taocc{Eusr ed , at SAID plant; and also az u
the manufacture and sale Of the products
Parcel No, s~AH that tangible per-
teal Corporation located at 1902 North
apolis, State Of Indiana, and now in
aTy Re e wsre Of co nfGnan o So
Corporation in the Probate Court Of
Marion County, State Of indiana, as a
Of machinery, motors, tools, mechanical
devices, manufacturing equipment and
equipment, raw. materials, goods in
process of manufacture, finished products
and other merchandise inventory, located
offered for sale, the character Of which
thereof taken as Of December lst, 1928,
manufactured products held on consign-
ment by Continental Optical Sales Com
pany or any other persons, with such
variation IN the merchandise inventory
between the day when said property is
offered for sale and the day of consum-
matlon OF sale, as hereinahove expressly
iin n6l and also all trade-msrks.
tions for patents and inventions pertain
ing to any product or to the process of
manufacture Of any product manufactured
at said plant; and also all books, records
and papers pertaining to the manufacture
and sale of the products manufactured
at said plant
fixtures owned by Continental Optical
Corporation and under lease to Con-
tinental Optical Sales Company, located
chusetts. and Chicago, Illinois. accord
ifn rig to physical inventory, of such
premsgs q ad the zt psat at 9 at Moths hs
Capitol Avenue, city OF Indianapolis. Oh
Parcel No. 5-Shares of stock in other
corporations, or any interest therein,
tracts or from the unlawful taking or
detention of or injury to property of
said Continental Optical Corporation, and
all Judgments, claims and demands what
soeVer, save and except only cash, bank
deposits and bills notes and accounts re-
cceiyaai6le belonging to or owing to said
"a, 1928, the date when said Harry r.
Springer. Esq, was appointed Receiver in
this proceeding and y belonging or
TO said ancillary Receiver Ward H.
5acKleman, or 70 said ancillary Receiver
Robert s. Sinclair. An itemized list of
tions of Continental Optical Corporation
SAID Receiver, Harry +, Springer, Esq;
TERMS OF SALE.
The said property above referred to as
viii be offered for sale upon the follow
ing terms and conditions, to-wit:-
viii nald rs Fe cea Harry T Springer, ESQ,
erty with the exceptions above referred
tol for receipt of bids thereon as an
entirety, and after receiving bids on such
for sale in separate parcels, as above
referred to- and receive bids for such
: separate a ate, parcels separately:
as an entirety or in separate parcels, will
be received by said Harry T. Springer.
Receiver unless the same is accompanied
check payable to said Receiver in an
amount equivalent to at least fifteen (l5)
per cent Of such bid. All bid or bids re-
proper deposit will be reported by the
said RECEIVER 70 the Court OF Chancery
day of sale, to-wit. on February lst 1929.
upon which DAY any objections or excep--
tops t. cona ten Of sale upon any bid
ceeding. Upon acceptance and conf1rma-
tion by the Chancellor in this proceeding
OF any nld or pids Tor or that include the
Harry T. Springer, and the acceptance
and confirmation by the Probate Court of
Marion County, State of indiana, OF any
bid or bids for or that include the prop
erty which is held by the ancillary Re
ceiyer therein, Ward H. Hackleman,
andy or the acceptance and confirmation
by the Court of Chancery of the State of
New Jersey of any bid or bids for or
that. include. the property which is held
by the ancillary Receiver therein, Robert
y. 10
IN such event, the balance due on any
bid or bids so accepted and confirmed
shall be payable by the successful bidder
to OF the property so bid upon and of
proper instruments for transfer of title to
said property within thirty days after
such continuation or combinations of
sale, as the case may be. All deposits
received upon any bid or bids not SO
accepted and confirmed shall be returned
IL aftnr accarata 80 -. -. Il