Notice of sale of corporate property by receiver.

Receiver's Sale of _________ Company

Pursuant to order of the _________ Court, all properties of _________ Company, a _________ corporation, will be sold at public auction to the highest bidder at the company's plant, _________[place], on _________, at _________ o'clock in the forenoon, Central Standard Time, by _________, special master.

The property offered will include all real estate, buildings, and personal property, wherever situate, excepting cash, free and clear of mortgage and taxes, but subject to rights and liens of vendors under land contracts, drafts, et cetera.

The property will be offered only in one parcel and as an entirety.

Bidders will be required to deposit, at least 24 hours in advance of the sale, $_____ in cash, or $_____ principal of approved claims against _________ Company.

No bid of less than $_____, which is the upset price fixed by the _________ Court, will be accepted.

Purchasers are required to assume all outstanding commitments of the receiver.

Upon confirmation of the sale, the purchaser shall make further cash payments as are directed by the court.

The business is being conducted by the receiver, and will be sold as a going concern. Full details of the property to be offered and of the order for sale will be furnished on application to the undersigned receiver.