Auction Information
Absolute Auction Selling for Piping Systems Inc. & Hughes Electric Inc.
| Date/Time:
Saturday 8/18/2012 at 9:30 AM
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| Location: 2910 Meridian Street Huntsville, AL |
| Auction Type: Absolute Auction |
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Auction Categories: Business Liquidations, General Auctions, Heavy Equipment, Industrial & Manufacturing, Miscellaneous, Office & Business Equipment, Tools, Trucks & Trailers |
Auction Contact Information
Auction Description
Pro Team Auction Co. has the privilege to sell for two outstanding companies. Piping Systems Inc. started their commercial piping and plumbing business in 1988 and has now decided to liquidate all their assets. The neighboring business, Hughes Electric Inc., has also decided to sell off additional unneeded assets at absolute auction.
To View a Final Listing of Items, Please Click the Blue Tab to the Right, 'Catalog'.
All pictures should be up on Proxibid.com/proteam by August 15th.
For Hauling & Rigging Please Contact: Imperial Crane Terry Young 256-536-3414 |
Inspection
| August 17th @ 9:00 a.m.- 4:00 p.m. |
Directions
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Take I-65 to I-565. Take I-565 to Exit 20 Oakwood Avenue. Turn Left at the traffic light. Turn Right at the next traffic light on Meridian Street. The Auction site is on your Right. |
Terms & Conditions
All purchases are to be paid in full in U.S. funds on the day of the auction in BANK WIRE, CASH, or CASHIERS CHECK (Company checks only when accompanied by a bank guarantee letter). No exceptions.
The purchaser shall not be entitled to possession on any part or parts of any of his purchases until the total purchase price of all his purchases has been fully paid.
Sales Tax: All items are subject to state and local tax law unless proper tax exemption forms are completed.
Warranty: All items are sold "as-is where-is" without any representation or warranties of any kind or nature, expressed or implied, including without limitation any implied warranty of merchantability and fitness for a particular payee. The description of items appearing in the catalog and in our advertising prior to this sale are believed to be correct. Nevertheless, neither those descriptions nor any oral statements made by owner or auctioneer concerning any item shall be construed as a warranty, either expressed or implied. It is the purchasers responsibility to inspect.
Owner Responsibility and Removal: Purchases become the responsibility of and shall be and remain at the risk of the purchaser immediately upon acceptance of his bid. It is the responsibility of the purchaser to insure his purchases immediately. All purchases must be removed from the auction site within the time and in according to the procedures announced. All cost, responsibility, and risk pertaining to removal shall be borne by the purchaser. A purchaser is deemed to have accepted a lot when he makes his bid. Manner of Offering: The auctioneer reserves the right to group lots, make lots smaller or to add or delete to lots of the property to be sold at his discretion as well as the right to offer individually and/or by group. He also reserves the right not to accept or acknowledge any bid which is merely a fractional advance over the preceding bid.
Disputes Between Bidders: The auctioneer shall designate the purchaser after each item of merchandise is auctioned. If a dispute arises between bidders, the auctioneer will have to reopen the bidding or designate the purchaser. His designation is final.
Auctioneer: The auctioneer shall have the right to resell any property not paid for on the sale day as required by this contract. The defaulting purchaser agrees to indemnify and hold auctioneer harmless for any expenses of resale and collection and any damages resulting from sale.
Buyers Premium: 10% Buyers Premium to be charged on all items. An additional 2% for internet bidders. |
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