Evening star., 1931-06-22
AUCTION SALES.
FUTURE DAYS.
THO6. J. OWN q SON, AUCTfONFTFs.
1881 Eye Street Northwest.

MILNE VT 0A1G.
in : certain promissory s note 'Sf Of Sdsn wardmsn
payable to the SSSersisned Si Hotels nsnass NJ lSSS
eofOre 70 MAY E. issf . feO uhdef ndsf-
signed. with the consent and for the benefit
ssI q public sSstisn. st 'tia the nSss one. ~11
Thongs 2. Owen Son; Aucti0nseTs: 1881
~ stSfft Day on os sroHRA g5NE E lss TWFN X4
O'CLOCK p NJ, the following collateral de-
s%s sboye deseribsd @ Sotss as security for
wsadma%n ave n6spois piE0%issoTy note. Of the
each AssSs s mGs lssG SayaSs 81 SStss oe
Realty and oonstruction Company ss tfman with ian
terest Ct 81 per annum secured by second
Hotel property In IN washinsfon. D. en"pShs e.. ssiS
M notes having been heretofore extended TO
S9oy, Z; hgSi Hitn interest unpaid thereon
% The promissory note Of .wardman An
August IS. 1880, payable ninety days after after
rs cate TO the Wardman Realty and Con-
annnEl. secured By third % deed Of u trust Tsa on
me Lne Wardman A2napcls Hotel property in
:xsnded said o Sts haynE as been
interest ,ose unpaid thereon from February .,
;, The toEesoips second and third trust notes
s.unordinT.ate .nS DIN. to frst deed Of trust on the
balance unpaid Of $7s7,oOO.OO as Of June 20,
1881
lc) Seven % .promissory notes of Ward
man Roosevelt Corporation, aggreeatins in
principal amount $350000. each dated De-
date to the Wardman Realty and Con constrne- -
lion n0I, COMPANY with interest a. 90 per an
the Hotsi DropersS Sf In IN
Washington. d, c. Said third deed of trust
onns IL e ' S deed Of rG a.eo the
trust in the amount OF 1898 100 90. pursuant
to ,noiS the terms Of which see9nd deed Of trust M
1891. and said notes are therefore now with
poration for $l1O:oO0o 90. principal amount.
dated December 81. 1929. payable FIVE years
CONSTRUCTION Company, with interest at So
per annum secured by chattel mortgage on
aad b. in With the htefcst nn
paid. PAID from date Of note: list Of the fur
chattel deed Of trust trust is attached t thereto
and copy of same may be examined on ap-
plication to the undersigned or to the auc-
.e) 1000 shares, without par value. CT
said Wardman Alabama Corporation. which
eorporstiop owns the Alabama Apartment
an unpaid balance OF sI6i.7OO as of June
20: 1881. and subject to unpaid taxes and
The foregoing collateral will be first Of
any bidder and then collectively as a whole
Unless the bids received will result in a
total realization Of $3.50 90 for spplica-
rejected. The combination of bids which
will result in the highest realization for
application upon said principal note II in
excess Of $3.50, O00. 90 will be accepted
Terms OF sale: 1919 Of the bid to be de-
posted in cash at the sale and balance to
be paid in cash within fifteen days from
date OF sale. In event Of failure to com
plete payment within time specified the de-
posit is thereby forfeited and the collateral
will be advertised and resold at the risE
and cost of the defaulting purchaser after
ive days advertisement of such resale in
some newspaper published in Washington,
d. G.
Further detaHs regarding the collateral
to be sold and examination Of sucA col
lateral may be had by application to the
undersigned TO the auctioneer.
HOTELS MANAGEMENT AND
SECURITIES CORPORATION,
Wardman Park Hotel. Washington. D. G.
J. REED LANE, President.