PLANT CLOSING
A
P  U  B  L  I  C
U  C  T  I  O
N
 
KNITTING MILL
• (25) KNITTING MACHINES •
• CONE WINDER • PLANT SUPPORT EQUIPMENT •
• LIFT TRUCKS • OFFICE EQUIPMENT •

(ASSETS NO LONGER REQUIRED IN CONTINUING OPERATION)
 

1015 PENNSYLVANIA AVENUE       LINDEN, NEW JERSEY
TO BE SOLD ON THE PREMISES
WEDNESDAY, JUNE 22ND AT 11:00 A.M.



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TERMS OF SALE:
25% DEPOSIT CASH OR CERTIFIED CHECK
10% BUYERS PREMIUM APPLIES
OTHER TERMS TO BE ANNOUNCED AT TIME OF SALE
INSPECTION: MORNING OF SALE - 8:30 A.M TO 11:00 A.M.



KNITTING MACHINES

?(2) Terrot Knitting Machines, 52 Feed, 18?Cut, 30?Diam., M/N I3P-154?/font>

?(3) Terrot Knitting Machines, 48 Feed, 28?Cut, 30?Diam., M/N UP148?/font>

?(2) Terrot Knitting Machines, 48 Feed, 18?Cut, 30?Diam., M/N 67597?/font>

?Terrot Knitting Machine, 36 Feed, 18?Cut, 30?Diam., M/N 63739?/font>

?(2) Terrot Knitting Machines, 20 Feed, 18?Cut, 30?Diam., M/N 3648?/font>

?(2) LeBosey Knitting Machines, 24 Feed, 18?Cut, 30?Diam., M/N NODAVIT 104?/font>

?Mayer Knitting Machine, 64 Feed, 28?Cut, 30?Diam., M/N OV64?/font>

?(4) Mayer Knitting Machines, 36 Feed, 18?Cut, 30?Diam., M/N OV36?/font>

?Monarch Knitting Machine, 84 Feed, 28?Cut, 30?Diam., M/N L1L-18?/font>

?(2) Monarch Knitting Machines, 72 Feed, 18?Cut, 30?Diam., M/N LJM72?/font>

?Monarch Knitting Machine, 90 Feed, 22?Cut, 30?Diam., M/N XL-3FA?/font>

?Singer Knitting Machine, 52 Feed, 14?Cut, 30?Diam. ?/font>

?Dubied Knitting Machine, 24 Feed, 16?Cut, 30?Diam., M/N B24?/font>

?Univ. Knitting Machine, 6 Feed, 12?Cut ?/font>

 

CONE WINDER

?Foster 20 Head, M/N 102, S/N 2067K?/font>

 

LIFT TRUCKS

?Yale Forklift, 3000# Cap., LPG, 130?Lift, Sol. Tires, ROPS, Side Shift ?/font>

?Big Joe Vert. Lift Truck, 2000# Cap., Elec., 120?Lift ?/font>

 

PLANT SUPPORT EQUIPMENT

?CRA 76?Measuring Machine, Mod. DUD-MATIC, S/N KMB610-72 ?/font>

?Measuregraph 76?Measuring Machine ?/font>

?(2) 48?Inspection Tables, w/ Counters ?/font>

?(2) Howe Richardson Port. Platform Scales, 100# Cap. ?/font>

?Toledo Bench Scale, 100# Cap. ?Wesco Hyd. Pallet Truck ?/font>

?West Twin Cyl. Air Compressor, 5 H.P., 3 Ph. ?/font>

?Quincy Air Compressor, 5 H.P., 3 Ph. ?/font>

?100?H.D. Pallet Racking ?Baldon Bench Grinder ?/font>

?Barrel, Hand & Platform Trucks ?Ladders ?/font>

?Canvas Baskets ?Port. Strapping Machine ?Shop Vacuum ?/font>

?Simplex Elec. Time Clock ?Etc. ?br> 

OFFICE EQUIPMENT

?Toshiba Phone System w/ (3) Handsets ?/font>

?Lanier 5613F Copier ?Minolta EP2130 Copier ?/font>

?HP LaserJet 1100 Printer ?(2) Dell Pentium II P.C. ?/font>

?Security Video System Including: IKEGAMI Monitor & (3) Cameras ?/font>

?Desks ?Chairs ?File & Storage Cabinets ?Etc., Etc. ?/font>



INSPECTION:

MORNING OF SALE - 8:30 A.M. TO 11:00 A.M.


AIRPORT:

NEWARK INTERNATIONAL AIRPORT (EWR) - APPROX. (6 MILES) TO SITE
            10 TOLER PLACE, NEWARK, NJ 973-961-6000

DIRECTIONS:

FROM NEWARK INTERNATIONAL AIRPORT - TAKE US-1 & 9 EXPRESS LN S/ US-1 EXPRESS LN S/US-9 EXPRESS LN S. APPROX. 1.3 MILES. STAY STRAIGHT, GO ONTO US-1 & 9/SPRING ST/US-9/US-1. CONTINUE TO FOLLOW US-1 & 9/US-9/US-1 APPROX. 2.1 MILES. TURN SLIFHT RIGHT ONTO BAYWAY CIR. APPROX. 1/10TH MILE. TURN RIGHT ONTO S ELMORE AVE/NJ-439 APPROX. 2/10THS MILE. TURN LEFT ONTO FAY AVE/CR-514. CONTINUE TO FOLLOW CR-514 APPROX. 1.1 MILE. TURN LEFT ONTO W. BALTIMORE AVE APPROX. 1/10TH MILE. TURN RIGHT ONTO PENNSYLVANIA AVE. (WATCH FOR AUCTION SIGNS).


LODGING:

HAMPTON INN - NEWARK AIRPORT
            1128-38 SPRING STREET, ELIZABETH, NJ 908-355-0500
ELIZABETH KNIGHTS INN - NEWARK AIRPORT
            178 SPRING STREET, ELIZABETH, NJ 908-353-3030
HOME SUITES - NEWARK AIRPORT
            2 JACKSON DRIVE, CRANFORD, NJ 407-351-3333


TERMS & CONDITIONS:
EVERYTHING SOLD 揂S IS/WHERE IS?

TERMS OF SALE:

25% DEPOSIT AT TIME OF SALE BY CASH OR CERTIFIED OR BANK WIRE TRANSFER. 10% BUYERS PREMIUM APPLIES. PERSONAL OR COMPANY CHECK ACCEPTED ONLY IF ACCOMPANIED WITH A BANK LETTER GUARANTEEING PAYMENT. EXAMPLE OF BANK LETTER OF GUARANTEE: THIS BANK GUARANTEES PAYMENT TO AARON POSNIK & CO., INC. ON ACCOUNT # _____UP TO THE AMOUNT OF $ _____ FOR PURCHASES MADE AT THE JASCO KNITTING, INC. AUCTION TO BE HELD ON WEDNESDAY, JUNE 22ND. NO PURCHASE REMOVED UNTIL COMPLETE SETTLEMENT IS MADE. OTHER TERMS TO BE ANNOUNCED AT TIME OF SALE.

SALES TAX:

NEW JERSEY SALES TAX LAWS APPLY. DEALERS BRING COPY OF EXEMPT CERTIFICATE.

BID BY MAIL:

IF YOU CANNOT ATTEND THIS AUCTION IN PERSON WE WILL BE HAPPY TO RECEIVE YOUR BID ON THE ITEMS THAT YOU DESIGNATE (IF YOUR BID IS SENT BY MAIL OR FAX AND RECEIVED BY OUR OFFICE AT LEAST 24 HOURS PRIOR TO THE COMMENCEMENT OF THE SALE). IF YOU WISH TO BID BY MAIL, KINDLY PROVIDE A COMPLETE LIST OF THE ITEMS DESIRED AND ENCLOSE A 25% DEPOSIT BY CERTIFIED CHECK. YOU WILL BE RESPONSIBLE FOR PURCHASES IF YOU ARE THE HIGH BIDDER, UNDER THE TERMS AND CONDITIONS TO BE ANNOUNCED AT TIME OF SALE. IF YOU ARE THE SUCCESSFUL BIDDER, WE WILL NOTIFY YOU WITHIN 24 HOURS OF THE SALE AND YOU MUST MAKE PAYMENT OF THE BALANCE DUE BY WIRE TRANSFER TO OUR BANK WITHIN 24 HOURS OF NOTIFICATION. IF YOU ARE UNSUCCESSFUL IN YOUR BID, YOUR DEPOSIT WILL BE RETURNED TO YOU WITHIN 72 HOURS OF THE SALE.


IMPORTANT NOTICE:

THE INFORMATION DESCRIBED IN THIS BROCHURE IS CORRECT TO THE BEST OF OUR KNOWLEDGE BUT WE CANNOT GUARANTEE SAME. IT IS FOR THIS REASON THAT BUYERS SHOULD AVAIL THEMSELVES OF THE OPPORTUNITY FOR INSPECTION PRIOR TO THE SALE.



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Corporate Office
83 State Street
Springfield, MA
01103

1-413-733-5238
Fax:1- 413-731-5946


Aaron Posnik & Co., Inc.
Established 1932

Philadelphia Office
5 Great Valley Road
Suite 244, Malvern, PA
19355

1-610-853-6655
Fax: 1-610-853-6633
Mass Auc. Lic. #161• www.www.liuhouse.com • E-mail: info@www.liuhouse.com • PA Auc. Lic. # AU-0038-R

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