ABSOLUTE AUCTION
REAL ESTATE AND EQUIPMENT
Richland Gin Company
Pickens, Ms.
From I-55 Interstate take Exit 144
North 1 mile on Hwy 17
Wednesday March 6, 2013 @ 10:00 AM
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Auction Preview:
February 28, 2013
9:00 - 4:00
March 5, 2013
(day before auction)
9:00 - 5:00
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Real Estate: Commercial Building and 32 Acres
divided into 4 Tracts
Personal Property: All Lummus Gin Equipment, John Deere 2940 Tractor, John Deere 709 Bushog, Hydraulic Drag Box, Caterpillar Forklift, Hydraulic Bale Squeeze, GIn Yard Module Trailer, Welders, Gin Trash Trailers, Air Compressors, Module Tarps, Scale Equipment, Office Equipment, Shop Tools, Reworked Electric Motors, Bearings, Electrical Switches, Tool Room Full, and Related Items.
Lummus Gin Equipment to include:
Roach Bale Handling System
C-30 Mote Bale Press & 6 Cylinder Cleaner
Lummus Doorless Press
Lummus 195 Hydraulic Unit
Fluid Power Backup Unit
72" Lummus Battery Condenser
Lummus 86 Lint Cleaners, 3 Lines 2 Stages
Lummus 400 Feeders
Lummus 158 Gin Stands
Lummus 88 Gin Stands
Lummus 96" Cylinder Cleaners
Lummus 96" Rib Cleaners
Lummus 72" Stick Machines
Lummus 72" Cylinder Cleaners
Lummus Tower Dryers
Hardwick Etter Tower Dryers
Lummus 96" Separators
Lummus 6 Mil Separator and 3 Mil Burner
Anderson Bigune Sucker System
Lummus 96" Feed Control
Lummus 96" and 72" Vacuums
Samuel Jackson Moisture Unit
(2) 90 Ton Seed Houses
Roots Blower
Electrical Panels, Disconnects New York Blowers,
Vent and Piping throughout Gin
PLEASE VISIT AUCTION TERMS
FOR SPECIFICS IN REGARD TO
THE GIN EQUIPMENT REMOVAL TERMS!!!
Terms:
10% Buyer’s Premium
MS Sales Tax Applies
Removal Dates:
Items 1 - 44
120 days from Auction Date
All Other Items:
March 6, 2013 til 5:00
March 7, 2013 8:00 - 5:00
10% Buyer's Premium in effect on both Real and Personal Property
Everything sells AS-IS
Real Estate: 10% down day of auction, sign a real estate contract and close within 30-45 days
Seller to provide clear title to all properties
Purchaser to pay for survey fees
2012 Taxes to be paid by seller
2013 Taxes prorated at closing
Interested Real Estate Buyers must sign a Working with a Ms. Real Estate Broker. Go to Files Section to download this form.
Note**Personal Property Terms:
10% Buyer's Premium. Ms. Sales Tax Applies
Removal of gin equipment must be handled by a bonded and insured rigger. Buyer must submit proof of insurance to the Auction Company and Richland Gin Company prior to removal of gin equipment.
Time for removal of Gin equipment is 120 days from date of auction. Buyer of machinery will be obligated to the purchaser of the real estate after the 120 day period in regard to removal time and costs associated with such. Any damage to the building will be the responsibility of the purchaser of the equipment.
Everything sells AS-IS
Real Estate: 10% down day of auction, sign a real estate contract and close within 30-45 days
Seller to provide clear title to all properties
Purchaser to pay for survey fees
2012 Taxes to be paid by seller
2013 Taxes prorated at closing
Interested Real Estate Buyers must sign a Working with a Ms. Real Estate Broker. Go to Files Section to download this form.
Note**Personal Property Terms:
10% Buyer's Premium. Ms. Sales Tax Applies
Removal of gin equipment must be handled by a bonded and insured rigger. Buyer must submit proof of insurance to the Auction Company and Richland Gin Company prior to removal of gin equipment.
Time for removal of Gin equipment is 120 days from date of auction. Buyer of machinery will be obligated to the purchaser of the real estate after the 120 day period in regard to removal time and costs associated with such. Any damage to the building will be the responsibility of the purchaser of the equipment.