BANKRUPTCY AUCTION
re:  CTC International

Packaging Machinery Manufacturer

A Large Auction Featuring:

  • Victor & Clausing Lathes
  • Bridgeport & Sharp Vertical Milling Machines
  • ACER Hydraulic Surface Grinder
  • Peerless P-HB1014A Automatic Horizontal Band Saw
  • Do-All 2013 Vertical Band Saw
  • Raw Material (Metal Stock)
    • An Inventory of Machine Parts Consisting of:
    • Fastening Hardware & Bearings
    • Electric Motors
    • Springs & Rollers
    • Roller Guides, Shafts, Gears & Spacers
    • Brushes, Brackets & Knives
    • Pullies, Belts & Electrical Components
    • Sub Assemblies & Dies
  • Mitutoyo & SPI Precision Measuring Tools
  • Granite Surface Plates
  • Wilton Bullet Vises & Work Benches
  • Power Tools
  • Forklift & Material Handling Equipment
  • Engineering Department Office Furnishings
  • Executive Office Furniture
  • Company Vehicles Consisting of:
    • 2010 Mercedes E350 4MATIC Sedan
    • 2014 Chevy Express 1500 Cargo Van

  11 York Avenue, West Caldwell, NJ 07006, US (map)

BANKRUPTCY AUCTION
re:  CTC International

Packaging Machinery Manufacturer

A Large Auction Featuring:

  • Victor & Clausing Lathes
  • Bridgeport & Sharp Vertical Milling Machines
  • ACER Hydraulic Surface Grinder
  • Peerless P-HB1014A Automatic Horizontal Band Saw
  • Do-All 2013 Vertical Band Saw
  • Raw Material (Metal Stock)
  • An Inventory of Machine Parts Consisting of:
    • Fastening Hardware & Bearings
    • Electric Motors
    • Springs & Rollers
    • Roller Guides, Shafts, Gears & Spacers
    • Brushes, Brackets & Knives
    • Pullies, Belts & Electrical Components
    • Sub Assemblies & Dies
  • Mitutoyo & SPI Precision Measuring Tools
  • Granite Surface Plates
  • Wilton Bullet Vises & Work Benches
  • Power Tools
  • Forklift & Material Handling Equipment
  • Engineering Department Office Furnishings
  • Executive Office Furniture
  • Company Vehicles Consisting of:
    • 2010 Mercedes E350 4MATIC Sedan
    • 2014 Chevy Express 1500 Cargo Van

TERMS OF SALE

DEPOSIT
A 25% minimum deposit is due at the time of successful bid in cash, certified, or cashier’s check.
Business checks accepted if accompanied by a properly worded bank letter of guarantee (Click Here For Sample Letter of Guarantee.)  These funds must be presented at the time of successful bid. Bids without a deposit will not be accepted. No Personal Checks.

 

BALANCE OF PAYMENT
Final Payment must be paid at conclusion of auction or next day before 3PM.
No Items can be removed until entire invoice is paid in full. Auctioneer reserves the right to resell buyer’s lots, with buyer forfeiting their deposit, if full payment is not made by 3PM, next day.

BUYER PREMIUM
10% Buyer’s Premium applies to all purchases. 

AS-IS, WHERE IS
All items are sold “as is, where is” without warranty or guarantee. Please inspect all items carefully before bidding. There will be no re-bids or rebates after an item is sold. This catalog is presented strictly as a guide and is subject to errors and omissions.

ALL SALES ARE FINAL
No returns or adjustments will be made after the auction.  Bidders who wish to pay by credit card relinquish any and all rights to charge backs.

DISPUTES
The record of sale kept by the Auctioneer will be taken as final in the event of any dispute.  In the event the auctioneer cannot release a lot, the extent of the auctioneer’s responsibility will be to refund all monies paid in connection with the lot in question.

LIABILITY
All persons attending, inspecting or removing merchandise assume all risks whatsoever of damage or loss to person and property and specifically release the Auctioneer formal liability therefore.  The auctioneer shall not be liable by reason of any defect in condition of the merchandiser premises on which the sale is held.

Additional Terms of Sale may be announced by auctioneer on day of auction. 
A bid signifies acceptance of these Terms of Sale.

 

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