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Auction Highlights:
Featuring: Intellectual Property; Thermal Spray Equipment; Laser Cladding; Robotic Water Jet, Pulse Jet & Salt Stripping Systems; CNC & Manual Cylindrical Grinding Machines; CNC & Manual Machine Tools; Induction Heating; Furnaces & Ovens; Metallurgical Laboratory; Precision Measuring Instruments; Forklifts; Bridge & Jib Cranes; Rolling Stock; Compressors; Plant Support Equip.; More!
Inspection:
Inspection will be Wednesday, October 14th from 9:00 a.m. to 4:00 p.m. and the morning of the sale.
Directions:
FROM LAMBERT-ST. LOUIS INTERNATIONAL AIRPORT: Exit airport using I-70 E towards St. Louis. Merge onto I-170 S. via Exit 238A toward Clayton and proceed approx. 7.5 miles. Merge onto I-64 E/US -40 E towards St. Louis and proceed approx. 5 miles. Take the Tower Grove Avenue Exit #36B toward Boyle Avenue and keep left at the fork in the ramp. Take the second exit onto Tower Grove Avenue and turn slightly right onto Papin Street. Take a left onto S. Boyle Avenue and turn right onto Sarpy Avenue. Proceed to auction site on the left, 4123 Sarpy Avenue, St. Louis, MO 63110. Watch for auction signs.
Terms & Conditions:
A 15% Buyers Premium will apply on-site. An 18% Buyers Premium will apply via webcast.
A 100% refundable $3000 (US) or $10,000 (Foreign) deposit may be required for online bidding.
Everything will be sold to the highest bidder or bidders for cash in accordance with the auctioneers Customary Terms of Sale, copies of which will be posted on the premises.
ALL PAYMENTS MUST BE MADE BY CASH, CASHIERS CHECK, WIRE TRANSFER OR COMPANY CHECK WITH BANK LETTER GUARANTEEING PAYMENT TO PLANT & MACHINERY, INC.
Here is an example of what your letter should be: Mr. "Customer Name" is a customer of this bank. This bank will guarantee unqualified payment to PMI on the account listed herein up to the amount of $________. This letter is good until _________.
In default of payment of bills in full within the time therein specified, the Auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. All items must be removed by the time announced at the start of the sale.
Lots not paid for and/or removed within the time allowed may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charge of resale, will be charged to the defaulting purchaser.
The buyer acknowledges that he or an agent has inspected all of the assets upon which he will be bidding and/or does purchase.
Buyer agrees to accept assets purchased "AS IS,""WITH ALL FAULTS" and "WITH REMOVAL AT BUYERS RISK AND EXPENSE."
THE AUCTIONEER EXPRESSLY DISCLAIMS ON THE PART OF THE AUCTIONEER AS AGENT AND THE SELLER, ANY WARRANTY AS TO FITNESS OR USABILITY OF ALL THE ASSETS, AND THE BUYER EXPRESSLY WAIVES ANY CLAIM IN RESPECT TO ANY POSSIBLE FUTURE USE OF ANY ASSET PURCHASED FOR ANY PURPOSE WHATSOEVER.
The buyer does hereby assume and does agree to indemnify and hold the auctioneer harmless from any future claim which shall pertain to the fitness or use of that asset as being purchased. Riggers, movers, electricians and buyers performing work at the Auction Site must provide PMI with evidence of insurance. The insurance coverage must be at a level acceptable to PMI and to the seller. PMI reserves the right to withdraw items, alter the order of the sale, accept bids from the seller, and group lots as it may deem appropriate.
Although all information has been obtained from sources deemed reliable, the auctioneer and seller make no warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained, or contained in our catalog. It is for this reason that buyers should avail themselves of the opportunity to make inspection prior to the auction. Although it is not likely, auction sales are subject to cancellation or postponement. Kindly contact auctioneer prior to attendance.
These terms and conditions may be modified or supplemented by language in the catalog available at the sale site or by announcement at the start of the sale. Bidders should be attentive to those announcements and to the catalog language.
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