Evening star., 1939-07-08
THOMAS ]. OWEN a. SON. Auctioneer,
1431 Eye st. NV.
SALE OF THE CHANDLER
BUILDING. 1927 EYE STREET NV
OF FORECLOSURE AND SALE @
CHANDLER BUILDING,

NOTICE OF FORECLOSURE AND SALE OF
CHANDLER BUILDING,
,n ,r,,r WASHINGTON, WASHING P, G. ,,n
IN yN1HEp sTh5sl sTATEs roR eofHI The 6sTReF 8s F
OF COLUMBIA, CHANDLER BUILDING
CoRP0RAT53N TSp II r eong9Tston uMn Plainijf1
fendants Equity No 55474-NOTICE is
HEREBY GIVEN that in pursuance of an
order Of the District Court Of the United
June Il. 1899. in the above entitled cause,
the undersigned. appointed by said order
as Trustee land hereinafter. called the
trustee, to make the sale therein pro-
vided. will offer for sale: without redemp-
,ion or extension, in front Of premises
EHe g. n Nw he in cfsnes5 he cy ai anSnf
TIETH. 19sa AT THREE O'Clock IN THE
Chandler Building Corporation to Herbert
!; shannon mon and Nor Morton J, Luchs, Trustees
records of the District Of Columbia, directed
By sd ordeT to be sold and therein de-
six ,6, in square numbered two hundred
eighteen edg cen s1s,m r.s SAID d. property Offered
brick and limestone office building known
as Chandler building and numbered
1927 Eye St. NV. in the City Of Wash
erty in and by said order directed to be
sold shall be sold free and clear of all
lien liens s,, and en- ,esncqmbrances, except leases
assumed or adopted by the receivers of
the tnoctad property ddyn The property shall be
highest bidder subject TO confirmation by
the Court and the said bidder shall sign
a memorandum OF his purchase at the time
and place of sale.
or at the option of the purchaser one-third
cash and the ba lance Of the purchase price
to be PAYABLE in two equal installments,
respectively. to be represented by promis-
sorry notes OF the purchaser bearing interest
al - 5,g per ahnum payable semi-annually,
the property, sold Said deed of trust
sha,l be in the usual form of such deeds
notes shall be payable. to the order OF
the Trustee herein appointed and shall be
r.,,s n such convenient denominations as said
rents insurance and ali other Items con-
nected with the operation of said property
snail be adlusled as OF the date of de-
purchaser. The Trustee shall receive no bid
rom from any one al, said sale who shall not,
Prior Pr p to making his said bid deposit with
10 the Trustee certificate OF the National
Saving & Trust Company, Washington.
posted with said National savines mas S
Trust Company the sum of S1O.0OO or in
Ieu thereof notes of Chandler Building
by the deed Of trust to forecose which
this action was brought. aggregating in
me principal amount 100000. for the
biddeE Will make good his bid in case the
property shall be struck down to him, The
eepo(1slt eea(1 recelyed from the successful bidder
SnaIl be held by the Trustee pending the
nearing on the confirmation Of the sale
II the sale be confirmed the deposit shall
De Dr,os apniied nne on account Of the purchase
from the successful bidder shall 10 the
eeH,eht e OF me pro rata cash value of such
oohoS 90 as proylded by statute. be applicable
sale be not confirmed. the deposit shall he
iioTthVlth returned by the Trustee to the
down. ''NeA
Any successful bidder may assign trans
Ter and set over his bid or all or any OF
ms right. title and interest under the said
PROVIDED such successful bidder shall de-
sad iiseI 10 me trustee duplicate copy of
sag assignment duly executed and acknow-
eoseo py such successful bidder
In the event the Court shall enter an
trustee as aforesad the the purehase2 py sbs 5hs
fhfy se,yemen1 Says rent, Of his purchase within
confirming the sale or within such addi-
t!onal m time as may hereafter be allowed
psvmen ps me Court BY making the additional
purchase price Upon such compliance
BY the purchaser with the terms Of sale aie
nm MN or his nominee good and suffcient
ueed rasf OF conveyance and transfer OF the
reaupe9 rea peS9pfrty fo sold No purchaser shall be
fa to compeye the 'Pa BID 0u5fhsfsT or sSa sfs fai
corf 18th to eempy With any order Of his
deposited by such purchaser as herein
beIore te provided, whether in cash or in
spcn failure and shall be " applied lSttN towaTd io5
the payment of expenses of resale or toward
making good any deficiency or loss in case
on such resale or to such other oS purposes p1ses
as the Court may direct
acconnt me putfchaser may make payment on
delivery to the Trustee Of notes Of chsndITer Char T
5uliains snni1 C corporation, dated April 2, 1923.
secure secnrei ,3 BY the deed of trust to foreclose
ton or indication Of credits on account
tnereoi IN rec i'm IN accordance with and subject
of the District of Columbia Code ANY
duly indorsed and, accompanied by the
proper documents of transfer
In the event that any purchaser shall
tsll to make final settlement of his pur-
fhaSe In ss as svneT heTeipab9ye ina provided then
TO- 70 retase tax an. and resell the property at the
ISHo risH ana cost OF the ,defaulting purchaser
On the fourt6 Slrts aS day hf GouTt may DIRECT
or # said day be a Saturday. Sunday or
lessl holiday then on the next day not
ouuudS OF leRdl holiday
10 O'Clock a M. the Trustee shall renort
ne ne result I, Of said sale to the Court before
NJ. NJ. Justice Luhring, or in his absence, to
Court for such orders, judgments and de-
Srees concerning said sale. including distri-
putlon and disposition of the purchase
money, or purchase money notes expenses
OF SAID sale and any matter remaining to
pc .adjudicated in this action as may,
BY the Court. be then deemed proper and
eTsh aesihranie; PIE; The Court reserves the right at
sucn time hereafter either to adjourn or
trustee or at said time or at any time to
Whlch the same shall be postponed to order
t tne approval OF said sale or to order such
lurther and other sales. if any. as may be
oeemeo adyisable. and to make such other
advisable oe oeeiieo
~, As provided by said order. notice is here
by given that the above entitled action
Is hereby set for further hearing before the
court at the time and place of the making
OF Ihe ABOVE directed report to the Court,
and such hearing will be without further
notice to any party '''et