OCR Text |
Show -14- amount so paid by him shall be forfeited, and shall be distributed and paid out by the commissioner as hereinafter provided. If any sale shall not be confirmed or if, having been confirmed, the purchaser shall fail to pay the purchase price in accordance with the provisions herein, then said commissioner shall again proceed to sell said property as if no previous sale had taken place. VI. The present receiver in this action shall continue as such receiver in possession of the property hereinafter described and herein adjudged to be sold, and shall maintain and operate the same under the orders and direction of this court, until the purchaser or purchasers at the sale herein provided for shall have fully paid the purchase price of the properties and been placed in possession thereof, or until the further order of this court, and the receiver shall, from time to time, report his proceedings to this court. Upon the confirmation of said sale the said commissioner shall pay out, distribute and dispose of, all moneys in his hands as such commissioner and all moneys in his hands as such receiver, in the following order, viz: a. He shall pay and discharge the costs and expenses of said sale, deducting and retaining for himself such compensation as the court may award to him for his services as such commissioner. b. He shall pay to the clerk of this court the sum of $1500 to be held and disposed of as provided by an order that may be made by this court directing the payment of money to defendants Heflernan, Rockwood, Blaisdell, Flores, Perry, Randolph and Doran, or any of them, on account of the matters over which the court has retained |
Source |
Original book: [State of Arizona, complainant v. State of California, Palo Verde Irrigation District, Coachella Valley County Water District, Metropolitan Water District of Southern California, City of Los Angeles, California, City of San Diego, California, and County of San Diego, California, defendants, United States of America, State of Nevada, State of New Mexico, State of Utah, interveners] : California exhibits. |