Dumore Toolpost Grinder w/Case Cat # 5-021 (110 Volts)

NOTE:

This event contains items at multiple locations which are noted with each item in the online catalog. The majority of the auction items are located at 5730 Hwy 45S, Sharon, TN 38255.  There are four other locations: 512 East Broad St., Greenfield, TN 38230-- 209 West State-Line, South Fulton, TN 38257-- 135 Forestdale Ave., South Fulton -- 640 Mulberry Ave., Selmer, TN 38375.  Call Greg Davidson (731-332-0574) for location information or any other questions about the auction.  Call Larry Clifton (877-912-4362) for information about registration or invoice payment.

NOTICE:  All Bidders, and other persons attending this sale, agree that they have read, have full knowledge and will be bound by these terms and conditions, unless superseded and publicized the day of the auction.

TERMS AND CONDITIONS OF SALE 

1.         IDENTIFICATION   All bidders are required to provide full name, address, driver`s license and method of payment at time of registration and any other information required online by BidSpotter.

2.         TIME OF PAYMENT   All invoices must be paid in full before the item(s) may be moved. Any other arrangements must be made with, and approved by, the auction house prior to bidding.

3.         MANNER OF PAYMENT   All payments must be made by cash, credit card (VISA, MasterCard) cashiers check, company check with a bank letter of authorization

guaranteeing funds to bidmax, LLC or wire transfer.  All checks for deposits and balances due shall be payable to the order of bidmax, LLC.  No goods will be removed until payment is received and approved by bidmax.  Mailing address:  bidmax, LLC, PO Box 5353, South Fulton, TN  38257.  For wire transfer instructions:  call 877-912-4362.

4.         REMOVAL - All purchases must be removed not later than the date specified in the Auction Catalogue and/or announced at the beginning of the auction. In any event, all items must be removed during the hours of 9:00 AM and 4:00 PM no later than November 20, 2015.  No lot can, for any reason, be removed during the sale.  All goods are sold Where Is/As Is.  Purchases will be released only on presentation of a paid bill.  The full purchase price on all lots sold to the same Buyer must be paid within the time fixed and before removal of any goods.

5.         LOADING AND RIGGING  bidmax  will provide removal and rigging services.  The cost per item will be included in the online catalog lot description.  There will be no charge for carry-out items.  If not utilized, the cost for loading and rigging will be refunded at check-out.

6.         TRANSPORTATION- Buyer is responsible for arranging transportation of purchases from the auction site.

7.         SHIPPING  All coolants, oil and fluids must be drained from all machinery and equipment prior to removal.  Shipping must be in compliance with state and federal regulations.

8.         CONDITION OF ARTICLES SOLD   All items are offered, will be purchased, AS IS, WHERE IS AND WITH ALL FAULTS.  Auctioneer makes no warranties or guarantees whatsoever whether written, oral or implied.

9.         CLAIMS   No Claims will be allowed after removal of goods from premises.

10.       RESPONSIBILITY FOR NON-DELIVERY- Auctioneer shall not, in any event, be liable for non-delivery or for any other matter or thing, to any Buyer of any lot, other than for the return to the Buyer of the deposit or sum paid on said lot, should the Buyer be entitled.

11.       COMPLIANCE WITH TERMS OF SALE   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.  Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of re-sale, will be charged to the defaulting purchaser.

12.       RISK TO PERSON AND PROPERTY   Persons attending during inspection, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the auctioneer from liability therefor.  Neither the auction house nor its principal shall be liable by reason of any defect in or condition of the premises on which the sale is held.

13.       ADDITION TO OR WITHDRAWAL FROM SALE   The auctioneer reserves the right to alter the order of the sale, withdrawal from the sale any of the property listed or to sell at this sale property not listed, and also reserves the right to group one or more lots into one or more selling lots or to subdivide into two or more selling lots. Whenever the best interest of the Seller will be served, the Auctioneer reserves the right to sell property listed in bulk.

14.       DISPUTE BETWEEN BIDDERS/BID INCREMENTS  If any dispute arises between two or more bidders, the auctioneer may decide the same or put the lot up for sale again at once, or resell to the highest bidder.  The Auctioneer may reject a nominal or fractional bid advance if, in his estimation, it proves injurious to the sale. The auctioneer`s decision shall be final and absolute.

15.       RECORDS  The record of sale kept by the auctioneer and bookkeeper and will be taken as final in the event of any dispute.

16.       AGENCY  Where bidmax is acting as an agent, it is not responsible for the acts of its principal(s).

17.       SALES TAX   All sales are subject to state and local taxes (currently 9.75%) unless an exemption certificate or other valid documentation is presented when the auction closes. You must provide an exemption before attempting to settle your final final invoice.

18.       BUYER`S PREMIUM AND OTHER CHARGES The Auctioneer in its sole discretion may impose a Buyer`s Premium on any goods sold.  The Buyer`s Premium is a percentage that is added to the final purchase price of any item.  For this auction the Buyer`s Premium is 12% (twelve percent).  For online purchases, 3% (three percent) will be added for the cost of the webcast and processing online transactions.  If purchase is made by credit card, 2.5% (two point five percent) will be added for processing the transaction.

19.       INSURANCE   All buyers, or the buyer`s riggers must provide the auctioneer, owner and landlord a certificate of insurance in amounts acceptable to the above parties prior to removal of any machinery and equipment.

20.       ADDITIONAL TERMS AND CONDITIONS  The auctioneer may modify or supplement these terms and conditions by language in the catalog, available online.

21.       INSPECTION- Please inspect before you bid!  The scheduled inspection time is Tuesday, November 10, 2015 from 9:00 AM to 4:00 PM.  Call Greg Davidson for any questions at 731-332-0574.

 ****IMPORTANT NOTE REGARDING INVOICES*****

INVOICING:   The INITIAL STATEMENT  will be provided by BidSpotter.  It will include the individual and total cost of purchases.  The FINAL INVOICE will be prepared and emailed by bidmax adding the percentages and amounts for state and local sales taxes, BidSpotter internet fee and and purchases by credit card.  Payment arrangements must be made before the purchased equipment may be removed from the auction location.