Evening star., 1938-02-15
I5DI Z = 81. NV.
Notice of Trustees Sale of
All Remaining Assets of
Mount Vernon Savings
Rail

T1 holders Of Participating Certificates
and Creditors. Stockholders and Debtors
OF the Mount Vernon Savings Bank. and
NOTICE S9Tfea eGs'eHdas Is HEREBY GIVEN that the
UNDERSIGNED Trustees of the Mount Vernon
Savings Bank, in liquidation. pursuant to
sae at pubc to he h o5 bidder deT
s. S1n: ~, suetionsers, i4ai Eye S' s s. NV NV. 3
yllnnins THuRspAY. MARcI Fs!Hui-Sa: FaIRp, S1
oeock HM 'se ne housT and OF
Pm. and between the hours Of One thirty
Pm. and Five o'clock PM. and each
ana during the same hours until all items
Me,iS sTe SSld' Al she rsmainng assets Of the
ash and cash items, consisting Of improved
and unimproved real estate and equities
therein therein first and second trust real estate
secured promissory notes, judgments &C
counts counts receivable overdrafts and other
claims and non-ledger assets. If any, less
such items as may be paid or otherwise
mentioned. such changes TO be announced
"a a descriptive list as of December. 81.
1887, OF the remaining assets so offered
Tor sale is contained in schedule which
may be examined by prospective bidders
| west. Washington, D. C., or at the ofice of
tdsuss the auetloneer ii on the date Of sale. cats
e Room sos Mschinists s4faans saIdins, MIR sth
prospective bidders upon pom making Sh ~ a deO 20
posit of $4,000. which deposit will be
refunded upon the return OF such cata-
Said assets will be sold without recourse
and and without warranty of any kind or
All the assets will be offered for SALE
item by item, as listed in the catalogue
When all of the individual items have
the highest bid as an entirety received
and ,l@ noted @ i,,e exceeds the total Of the bids
the assets. will be sold to the highest bidder
as an entirety, otherwise the assets viii
6d rseeveS S shd he noes msrS f of nd
vidual items. All bids for individual items
offered OH ed VII be received and noted only
subsequently be offered and sold as an
must qualify by making a deposit OF Ss5.,
certified cheek or cashiers cheek on "a a
assets It's as s. an n,d entirety persons may
depositins with the na a%ctoneer. Items in casS sS
or certified check or cashiers check on
some bank or trust company in the Dis
than $4,000. and upon making such de- de-
post will be issued q catalogue to be
Be snea t Il the BID s0ss On Of .d1 m e% @ and s y
amount of such deposit
herein provided viii be required to. pay. in
cash or certified check or cashiers check
on q bank or trust company in the District
bid is received and noted. and upon failure
to make such payment the suctioneer will
for sale and no further bid 'uan shall ''' be-
considered from such bidder.
,,ddayy Any amount f unit, deposited by successful
total purchase price. win be retained and
applied app = on H1r account Of the purchase price
bidder to qualify in excess Of the SSaSs purchase
price Will be returned to such successful
Any or all deposits made by any bidder
for an individual item may so far as ap-
dni1aa plcane; 5sn,s pc applied on account Of the
to- bid when the assets are re tday offered hlT ton
sale as an entirety.
cessS ny fs9S bs4 T fEsd Ss Isnes tsSm an to m
when the item. shall be knocked down to
some other bidder.
Tes DHrchsseF d.nes wb the time Of
Gates Of The Mount Vernon Liauidatins
- usb SAeleASH W VIC pAlu Out VI Iuc
TERMS OF SALE: ALL CASH Settle
ment to be made at Room 206. Machinists'
Building, Ninth Street and Mount Vernon
Place NV. Washington. D. c., within
thirty days from date Of last day of sale
or the deposit will be forfeited. and such
asset or assets resold at the cost and risk
Of the defaulttng purchaser after five t5)
days previous advertisement of said resale
in some newspaper published in Washing
ton, D. c.. or without forfeitins deposit.
or equitable rights against defaulting
Rents. taxes and insurance. etc.; on
real estate, or any other prepaid item.
will be adjusted as Of the date of settle
ment. Examination Of title. conveyancing.
recording, notary fees and revenue stamps
on real estate transfers to be at the cost
of the purchaser.
Ali real estate sold subject to encum-
brances and leases, II any, as stated in the
catalogue or announced ut the time of
The Trustees reserve the right to reject
any aha TaoMAs N s'Gs. I. BURKE.
E. c. DAWSON.
E. FLAVELLE KOSS.
Trustees Of the Mount Vernon
Savings Bank. in Liquidation.
QUINTER AND SOTHORON,
015 Fifteenth Street NV.
. Attorneys for Trustees. ]
fe1.S,15,21, ,21,22,23,24.26,26,27.