Evening star., 1939-06-17
NOTICE OF FORECLOSURE AND SALE OF
CHANDLER BUILDING,

NOTICE OF DE- FooREehosgRE OR AND SALE OF
cMAsRHEE WAsRINGr6SSIl r6SSILBlse' 3 G
IN THE DISTRICT COURT OF THE
OF uNIdER coEDMBA hnArEs sHANbER FoR The
IS HERBERT r SHANNON. Er Filini5a: Al, Da:
isEainS HEsERY fVES Efgity No. No IS
order Of the District Court Of the United
States State for The he District Of Columbia, dated
lyme fb III l939: IN the above entitled cause.
as Trustee land hereinafter called the
Trustee; ,l, 10 make the sale therein pro-
ton or extension; in front of premises
kknown kno as Is Ut The Chandler Building. l4.7
IIETH, 1899. AT THREE O'Clock IN !" THE Tiin
AFTERNOON, all OF the real estate subject
TO- 70 the lien n, Of the deed of trust made by
Ghanoler Building Corporation to Herbert
! d.,od shannon on and Morton J. Luchs, Trustees.
Gatea Ga,,s April W.; = l92s' and recorded in Liber
records of the District g ct Of ss3 81 the
hsr,Sal by sad order to be sold and therein de-
scribed as follows: Original lot numbered
eighteen laIsI said properpy ,MG hodeTed ofiaTed
for sale is, improved by an eleven story
brick and Limestone ofice building known
as Chandler Building" and numbered
ingsop, District Of Columbia; The prop, prop
sold shall be sold free and clear Of ali ali
liens and encumbrances, except leases
existing at the, time. of sale. entered INTO.
knocked down by the Trustee 9e'' to the he
hiehest ihs est, bidder subject TO, confirmation by
the Court, and the said bidder shall sign
memorandum of his purchase at the time
and place of sale.
The property shall be sold for all cash,
or, at the option of the purchaser one-third
cash and the balance of the purchase price
10 oe payable IN two equal instalments.
respectively. TO be represented BY promis
sorry notes OF the purchaser bearing interest
at 6'e per annum, payable semi-annually,
the property. sold Said deed of trust
81 s9ail be in the usual form of such deeds
m notes tfuss sba an me he p1Fict Of Columbia
the Trustee herein appointed and Shall be
Tr,, n such convenient denominations as said
rents. rents. insurance and all other Items con-
neeted with the operation of said property
very OF Of a6usiea 6e deed bv Of the date Of de
tu purchaser. Inc Trustee shall receive no bid
rr9m pr}nr al any ~ one at said sale who shall not
p1tor he Trnspae TO mekag hS said BID deposit with
to the Trustee certificate of the National
SaVinss Z ceSi & ;tvtr Trust Company Washington.
posted with said National Savings a.
trust Company the sum of $40, 900 or. in
re4nol. Geq thereof % notes of chander Building
this tn &C action was brought. aggregating in n
account Of the Trustee as pledge That the the
bidder will make good his bid in case case the the
property property shall be struck down to him. The
be Sed Sy F1 he !hs bidder
hearing on the confirmation Of the sale
II the sale be confirmed the deposit shall
price and any deposit Of bonds m patshasd receiysd
from the successful bidder shall to the e
bonds as prov4ed 9e9 fas bR eah value Of
on account OF the purchase price If the
sale be not confirmed the deposit shall he
hjddar htGjddtiawi'n returneo by the Trustee to the
down. % sViueh
Co.. Any successful bidder may assign. trans
his right. title and interest under the ' said id
order Tor sale as such successful bidder'
ver o tps iueh suceessfu bidder shall de-
said assignment duly executed and acSnowIl ~
eoGea ie tbs by such such. successful .sc bidder.
Trustee as aforesaid, the purehasery sfn sba 5ne
fhiEtv aKe se,viement v 3e OF his purchase within
confymns % qass tbe IRON the entry Of the order
tional time as may hereafter be allowed
BY BY I'll the Court, by making the additional
by the purchaser with the terms onpfiamge Of sae
tne hm trustee 1T ste shall execute and deliver to
eaa1 ueeo OF conveyance and transfer CT the
rea! property sold. No purchaser shall be
purchss. ilea 70 onsv see to the application OF the
fan to complete the bid. or sba s9ai 9ai
Sonrf Sotnerwise ft TO comply with any order Of this
SeFSsd deposited by such purchaser as herein elm.
beIore provided. whether in cash or in
ponds, shall be forfeited as penalty for
the payment of expenses of resale or toward
making good any deficiency or loss in case
IN the PRO- property shall be sold at less price
~ fhar
as the Court may direct
sccnnn Inc purchaser @ may make payment on
delivery to the Trustee Of notes of Chandler
Building Corporation. dated April .. 1928.
sec secured d @ by the deed of trust to foreclose
ton or indication of credits on account
thereof; in accordance with and subject
o3 tG the he lmitati9ns initiate Of Tts Section
suGn s,I1i1 note or notes so delivered shall be
GUY & ndorsed and accompanied by the
In the event that any ays'pii Purchaser shall
lali to make flnal settlement of his pur-
GnaSe e. as hereinabove provided. then and
to retake and resell the property at the
risk and cost. OF the .defaulting purchaser
upon on such tSa In nStcs as the Court may direct.
or II said day be a Saturday, Sunday or
legal holiday. then on the next day not
satgGdsy, a!s1ods SUNDAY Or legal holiday, at
the result Of said sale to. the. Court before
Mr.. Justice Luhring. or, in his absence to
the Justice OF the Court holding Motions
Court for such orders, judgments and de-
crees concerning said sale, Including distri-
button and disposition Of the purchase
money or purchase money notes. expenses
of said sale and any matter remaining to
be adjudicated in this action as NAV,
by the Court. be then deemed proper and
such time hereafter either to adjourn or or
postpone the hearing on said report of the
Trustee or at said time or at any time to
oh q ha eNctr -
the approval Of said sale or to order such
further and other sales. If any, as may be
deemed advisable. and to make such other
advisable
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 the above directed report to the Court,
and such hearing will be without further
notice to any party.
HERRERT r SHANNON