The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-16
Legal Auctions and Sales
NOTICE OF RECEIVERS SALE
FOUNTAIN REALTY COMPANY

OON civ IOESfAA4A CON1E
Notice is hereby given that on Wednes-
day. April y, 1882, at the hour of 1000
O'Clock a. M, at the south door of the
Court House in indianapolis, by virtue Of
an order of the Marion Superior Court.
Room 8, made and entered on the 14th
day of April, 1892, in Cause No. A-61765.
entitled Columbia Securities Company VS..
Fountain Realty Company the under
signed Receiver will sell to the highest bid
der the following described real and per-
Sonnal property, to-Wit: The unexpired
portion of a leashold term of ninety-nine
1897 years upon the following described
real estate in the County of Marion. to-
Lots One u, Two ~. Three (3) and
-Four "a in Square Two ~ in Martin
dale's South Addition to the City OF
indianapolis,
created by a certain lease, dated October
20, 1925, from Fletcher Savings and Trust
the last will and testament !" ooff Will William M
Mchs, deceased. and also under and by
virtue Of a certain written family settle
ment agreement, duly executed by all Of
the heirs of said decedent and of the bene-
tciaries named in said last will and tesla
tlement agreement was duly approved and
declared to be in full force and effect by
hnal Judgment and decree, duly made and
entered on February 2Sth. 1917. by the
Probate Court Of Marion County. Indiana,
IN the case OF William H. Mohs VS..
Fletcher Savings and Trust Company.
Company. an Indiana corporation, as
Lessee; which leasehold term was ex-
dlulllcQ anu approved Dy the PROBATE Court
Of Marion County; Indiana. on october 81,
1925, and recorded is Miscellaneous Record
164, page 3OS, on october 81. 1925. in the
office of the Recorder of Marion County,
indiana; and which leasehold term was
duly assigned to Fountain Realty Company
by Peerless Realty Company by assignment
Assignment Record 1873, Instrument No.
1S44S. on April 80. 1927. in the office Of
tsubject to certain existing subleases. cur
rent taxes not delinquent. municipal i'm
proyements not delinquent. etc.. together
with the fixtures and personal property sit
uated. upon said leasehold and heretofore
owned by Fountain Realty Company. cer-
tain cash, and certain intangible personal
Realty Company and the undersigned Re-
ceiyer, including Eeceiyables and contract
are hereinafter referred to as the RE
ownership Estate" Said real and personal
property will be sold free and clear of all
stockholders Of Fountain Realty Company,
and free Of all liens and encumbrances ex.
ff eE 1879 ssSe 5a IoT 1871 81 payable IN 1882, taxes
for municipal improvements, if any. and
subject to existing tenancies. all of which
chaser at said sale shall also assume the
oblgations of the lessee unoer said ninety
nine 1922 year lease.
The premises he~reinabove described are
Iocateo az the southeast corner of Foun-
lam square IN the City of indianapolis
orally know as the aFountsin soysre
Theater Building"
Possession after said sale will be de-
nVereo 70 the successful bidde as Of
april 50, 1882, on compliance with the
terms OF sale, and all rentals and insur-
ance VIII be pro rated as of such date.
Salo oroer OF sale authorizes the UNDER
signeo 70 receive proposals for the sale
OF the Receivership Estate either for cash
or for the obligations and securities of a
new corporation proposed in 4 certain Re-
oIRsnlzalon Plan sponsored by the Stock
noloers protective Committee representing
me preferred stockholders of Fountain
Realty Company and by the UNDERSIGNED.
Sopies OF sucn REORGANIZATION Plan and
to therein. are being mailed Under date Of
april 10. 1882. to all creditors of Fountain
Realty. Company and/ or the undergipned
ana al, preferred and common stockhold-
ers OF Fountain Realty Company. Addf-
uonal copies OF such Reorganization Plan
ana proposed. form of morta0e NAV be-
by persons interested.
Salo oroer OF sale provides that no bid
for cash shall be received unless the same
snan oner TO pay the sum of at least
rour HunoTed Nineteen Thousand six
Hundred Dollars fS4i9, 500 and unless
such bid for cash shall be accompanied by
a certified check acceptable to the Re-
ceiyer for at least Ten Thousand Dollars
tSlO,OOo) as security for the performances
OF such cash bid.
acceptance, Of any and all bids shall be
sunJect 70 tne approval Of the Superior
Court OF Marion County, Room S
Further information NAV be ohtafned
from me Undersigned Curing business
indianapolis. Indiana.
WIN. A. BRENNAN.
Rara{~a~