L & K Model K-1236 6" 3-Jaw Millport Lathe

Welcome!

We know you are anxious to begin bidding, however, it is critical that you fully understand and agree to the following terms and conditions of this online-only auction. By participating in this auction, you agree to the following terms and conditions.

If you need to contact us at any time, please call: (734) 223-3277 or email us directly at Productionline@msn.com - Save this information by your computer for easy reference.

Disclaimer: All lots sell as is, where is, with all faults. American Eagle Auction & Appraisal Company and the seller do not give or make any type of guarantee or warranty regarding the lots to be sold, implied or otherwise. American Eagle Auction & Appraisal Company encourages all bidders to inspect lots in person before bidding. American Eagle Auction & Appraisal Company is not responsible for incorrect listing information if any. American Eagle Auction & Appraisal Company has attempted to provide accurate descriptions of all items, however, it is your exclusive responsibility as a bidder to determine the condition and suitability of each lot. Printed statements, descriptions and counts by American Eagle Auction & Appraisal Company staff are provided in good faith and are matters of opinion.

Buyer's Premium A buyers' premium of twenty- percent (20%) of the high bid will be added to the high bid to determine the final selling price for the auction lot.

Payment: Your credit card will be automatically charged at the conclusion of the auction. If you would like to pay using another form of payment, then be sure to indicate as such upon registering. No items removed until payment has been received by the auction company. American Eagle Auction & Appraisal Company accepts the following forms of payment: Cash, Cashiers Check, Personal or Company Checks. No checks outside of the state of Michigan are accepted. Merchandise becomes the full responsibility of the buyer at the time of payment and the buyer assumes all risk of loss and damage to property at that time. American Eagle Auction & Appraisal Company reserves the right to resell any property not paid for in full by the conclusion of the stated pickup period. In any such event, the Buyer will still be responsible for payment for the original purchase and the costs of collection of this payment and/or damages resulting from the resale of the property.

Auction Dates & Times:   This is a timed auction. Internet bidding only.   May 17, 2021 12pm ET - Jun 14, 2021 10:00am ET

Inspection Dates & Time: Friday, June 11, 2021 from 10 a.m.- 2 p.m.

Location: 14341 Schaefer Hwy, Detroit, Michigan, USA 48227

Pickup: All items, must be picked up on the published move-out date(s). Buyers are responsible for rigging, loading, and moving all items purchased without assistance from American Eagle Auction & Appraisal Company. **Very important: With exception of previous arrangements with American Eagle Auction & Appraisal Company, you MUST pick up your items on the specified date(s). If not, you understand and fully agree that you will be charged $200 per day for storage and any additional charges such as labor and hauling fees. Furthermore, American Eagle Auction & Appraisal Company reserves the right to make attempts and resell your merchandise at any time after the published move-out date(s).

Pickup Date(s) All items must be removed on: 

Time is of the essence!  Units MUST be removed on the following dates:

Tuesday, June 15, 2021, from 10 a.m. - 4:00 p.m.

Wednesday, June 16, 2021, from 10 a.m. - 4 p.m.

Thursday, June 17, 2021, from 10 a.m. - 3 p.m.


Please make appropriate arrangements with your preferred rigging company.   

For your convenience, below is some professional rigging companies:

Industrial Machinery & Rigging  (732) 367-4130

Riggers Inc.   810-614-3136 - Eric

Lee Machinery Movers.  888-779-7748

If you are utilizing a rigging company, please be sure to have all systems in place PRIOR to move-out dates.   Contact us with any questions at (734) 223-3277.   Thank you for your loyalty.

TIME IS OF THE ESSENCE!

Shipping: American Eagle Auction & Appraisal Company will NOT provide shipping for items purchased through this auction.  You must make such arrangements with your Rigger or an independent provider.

Auction Ending: Beginning at the stated closing time, the auction software will conclude bidding for one lot each minute in catalog order with the following exception: if a bid is placed in the last three (3) minutes remaining for that auction lot, bidding for that lot will remain open for an additional three (2) minutes. 

Debt Collection and Interest Charges: The buyer agrees to pay all reasonable attorney fees and other costs incurred by American Eagle Auction & Appraisal Company in its efforts to collect unpaid funds from the buyer. The buyer agrees that a fee of 2% of the outstanding balance per month is added to any unpaid balance due to American Eagle Auction & Appraisal Company. Any debt collection or dispute proceedings will be heard in Livonia, Michigan. Limitation of Liability If, for any reason, American Eagle Auction & Appraisal Company is unable to make available or deliver any Purchase, or portion thereof, or documentation required in respect of any Purchase, the sole liability of American Eagle Auction & Appraisal Company, if any, shall be the return of monies paid in respect of such purchase upon its return by Purchaser.

Non Paying: In addition to the above, Understand that we are working for our seller. We have zero-tolerance for non-paying bidders and we will proceed aggressively to rectify such situations. In addition, non-paying bidders' information will become public information and distributed through multiple venues.

Age Requirement All bidders must be 18 years of age or older.

Bidder Information and Security: All registration information the bidder provides to American Eagle Auction & Appraisal Company. shall be current, complete, and accurate. All bidders are responsible for any bids placed under their bidding numbers and passwords. The security of bidder information is the responsibility of the bidder. Bidders must notify American Eagle Auction & Appraisal Company if they believe that their bidder number and password have been compromised.

Thank you for your interest and participation. We are easy to work with and reasonable. Do not hesitate to communicate with us as we want you to have a seamless auction experience with our long established professional auction firm.

If you need to contact us at any time, please call: (734) 223-3277 or email us directly at Productionline@msn.com - Save this information by your computer for easy reference.

Thank you and good luck.