Evening star., 1932-06-24
THos. J. OWEN & son, AUCTIONEERs,
1881 EYE ST. NV.
Trustees Sale of Valuable Four
Story and Basement Brick
and Stone Apartment House
Containing Forty Apart
ments, With Garage Space in
Basement, Known as Cedric
Apartments, No. APO Four
, teenth Street Northwest.

Because of default in the terms and con-
ditions of certain mortgage executed oy
s@ons the land records d, the District Of
and at the request of over twenty-five per
centum Of the holders Of the bonds secured
BY T o The supreme Court Of
the District Of Columbia. in Equity Cause
NS Siss4 ON % @ fSs SALE HE L fEGfs Il m
oecILocK PM, the following described land
ington, District Of Columbia: Parts of lots
1.B and 2-B in the subdivision Of 3 tract
Llber Levy Court Carberry. folio "a, of the
records Of the ONCE OF the surveyor OF the
Beginning for, the same at the intersection
Of the south line Of Upshur street, As con; con,
css No s m tee en- co
OF the District, and the west line of l4th
street, and running thence south along said
a subdivision made by Wallingsford and Con-
folio fHi i27, Of the the Aforesaid surveyors S once
records; thence west along the north line Of
tf thereof 100 feet thence nee north @ psraIei with
the west line OF 14th street l24.5 feet, to the
S'f as Aforesaid @ and thence east along said line
Of beginning. Subject 70 the covenant that
be erected. thereon shall never be rented,
leased. sold, transferred conveyed unto
any person Of Negro extraction under a pen
atty OF $4,000, which shall be lien against
said property, and that the above covenant
shall be effective and remain in force until
such time as the owners OF majority Of
the lots in square 1896 shall in writing, duly
acknowledged and recorded. signify their
intention 70 abrogate and nullify said cove
sisting of the Cedric Apartments. and all
furnishings, fittings and fixtures contained
therein which the said trustee under said
Terms of sale. one third OF the purchase
price to be paid in cash on or before August
payable on or before one and two years from
date of sale. respectively, with interest
snna@ from 70 I date Of Sale M SAID ID Interest," psy
able semi annually, and to be secured by
m S' cSsS at the oSon O tSe
The trustee will receive no bid from any
one offering to bid who shall not at or before
Of. deposit with said trustee, as a pledge that
such bidder will make GOOD his bid in case
or or trust company, made or indorsed payable
transferable By delivery. secured by said
COUPONS attached thereto. The deposit Of
any unsuccessful bidder, will be returned to
him immediately after the sale. In case any
successful bidder shall fail to complete his
purchase by AUGUST !, 1882 IN accordanee
be Ss'n forfeited ted at the = option Of the trustee
The trustee reserves the right to reject any
and all bids and withdraw the property from
sale Adjustments with respect to taxes, as
sessments' Insurance, rentals, income from
operation Of property, interest and all other
adjustments shall be made as Of the date OF
sale. The trustee. however, will continue TO
manage and operate said property and coll
lect the income therefron from date of sale
to date OF transfer upon existing terms as
set forth in said mortgage, After settle
ment OF sale said trustee will not be respon-
sible for any bills or expenses incurred In
the management or operation OF said prop
erty Terms of sale to be compiled with by
August /. 1882. otherwise the trustee re-
serves the right TO resell the property, at
the risk and cost OF the defaulting pur-
chaser, upon the foregoing terms. after ad-
vertisement Of such resale in accordance with
the terms prescribed In said mortgage.
AMERICAN SECURITY AND
TRUST COMPANY.
BY CORCORAN THOM,
Substituted Trustee Under Said Mortgage
from Cedric Apartment Company, Ap-
pointed in Equity Cause No. 5i604,
Supreme Court. d. G.
(Seai) Attest:
FREDERICK p. H. sIDpoNs,
MCKINNEY, rLANNERY 1s'tss1lid11r & cRAidH11r.
Hbbs Building,
iei6i3,iSiT.3o,12,2A3s,s