Online Auction: Opens October 2nd @ 11 AM, Closes October 4th @ 3PM.
Online Only Auction: Wednesday October 2, 2019 through Friday October 4th. Bidding opens at 11:00 AM, closes at 3PM.
See Summary Terms, Contract of Sale and Terms & Conditions of Sale as well as other Property Information and Auction Information posted on AuctionAdvisors’ website (See – http://www.auctionadvisors.com/property-details/Jones_County_Cotton_Gin_Shares_208)
The offering consists of 5,336 shares of stock, amounting to +/-2.9% of the total shares outstanding in the Jones County Cotton Gin, Inc. The shares will be transferred free and clear of any monetary liens or encumbrances.
Jones County Cotton Gin, Inc. is a North Carolina corporation founded almost 30 years ago. Its office and physical operating facility are located near Trenton, North Carolina in Jones County. It is owned by a small group (approximately 35 in total) of local shareholders. For full financial details and organizational documents - see Financial Statements posted in the weblinks in the lot below.
IN RE: Chapter 11 Bankruptcy Case No.: 17-05040-5 JNC, United States Bankruptcy Court Eastern District of North Carolina.
Bidding Notice:
This is an internet-only auction. All bidding activity will take place online.