Lot

38

LeBlonde Engine Lathe

In Complete Plant Closure - Kropp Forge

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Auctioneer has chosen not to publish the price of this lot
Cicero , Illinois
0.00%
18.50%
Approx. 28" Swing, 76" Bed, 18" 4-Jaw Chuck, Tailstock, 18-720RPM, 2-1/4" Hole Through Spindle, 460V 3PH, S/N- 5H-704U3019
Approx. 28" Swing, 76" Bed, 18" 4-Jaw Chuck, Tailstock, 18-720RPM, 2-1/4" Hole Through Spindle, 460V 3PH, S/N- 5H-704U3019

Complete Plant Closure - Kropp Forge

Sale Date(s)
Venue Address
5301 West Roosevelt Road
Cicero
Illinois
60804
United States

Crane Removal Only - Approved Rigger 

Highland Machinery and Crane
C J Pawlowski at 269-926-9600
 
Approved Riggers 
 
Rubio Rigging
773-704-7441
 
Atlas Machinery
2911 N. Hwy 12
Spring Grove, IL 60081
office  844-942-8527
Colton Bianchi  224-639-5201  (contact person)
 
Rey Rigging Industrial 
Rey. 7084739434

Important Information

Live Online Only Auction  

Auction Date & Time: Thursday June 9th, 2022 at 11:00am EST

Registration: Due to the increase in canceled sales and fraudelent bidspotter accounts; CREDIT CARD PREAUTHORIZATIONS OF $500.00 WILL BE REQUIRED ON ALL BIDDERS REGARDLESS OF HISTORY.

DEPOSITS OF $500.00 WILL BE CHARGED ON CASE BY CASE BASIS 

Inspection: May 31st & June 1st, 2022, 8am-4pm, Appointments Required Call Jamie 248-602-1980 to arrange 

 

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Terms and Conditions

Inspection: 2 day Preview, May 31st & June 1st, 2022 / Appointments Required (1-hr blocks)  8-4pm

Removal:  Small items that can be carried out should be removed immediately after the auction or at the latest, the week after the auction. All items must be removed by June 24th, 2022 unless otherwise discussed and approved by LRG. Any item not removed by July 8th, 2022 will be deemed abandoned and ownership will revert back to the seller. 

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18.5% Buyer’s Premium online. All purchases are required to have a Buyer number.  The Buyer number will be valid for this Auction only and may be received in the Auction office.  The Auctioneer reserves the right to withdraw from sale any of the items listed or to sell at this Auction items listed, and reserves the right to group one or more lots, or to subdivide into two or more lots.  Whenever the best interest of the seller will be served, the Auctioneer reserves the right to sell all the items listed in bulk. 

At this auction and for every auction Levy Recovery Group, LLC conducts, we consider a sale as the following: "When the auctioneer asks for a bid, we consider that an offer, and when the attendee raises his or her paddle, or bids in any manner he or she sees fit, we consider that an acceptance." In other words that action constitutes a sale, which you as the attendee accept, without prejudice.

If any dispute arises between two or more bidders, the Auctioneer may decide the sale or may immediately put the lot up for sale again, and resell to the highest bidder.  The decision of the Auctioneer will be absolute.  When items are to be sold by estimated count, measure, or weight, the purchaser will be billed for and required to pay for the estimated count, measure, or weight.  If any shortage exists at the time of removal, the Buyer will receive a refund at the rate of purchase.  If there is an excess, the purchaser will be required to accept and pay for this excess, at the rate of purchase.  The Auctioneer reserves the right to reject any and all bids.  On lots that have a reserve, the Auctioneer shall have the right to bid on behalf of the Seller.

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Everything will be sold to the highest bidders for cash, in accordance with the auctioneers normal Terms of Sale.  You can also request a copy of our terms and conditions of sale by email to Accounting@levyrecovery.com. Your bid is a contract: Place a bid only if you are serious about buying the item. If you are the high bidder, you will enter into a legally binding contract with Levy Recovery group (LRG).  Bids are in US dollars. An 18.5% Buyers Premium will be added to all items sold.  LRG makes every attempt to accurately describe all items at the auction sale, there are always possibilities of errors occurring which is out of LRG control. It is important to know this fact if you plan on placing a Proxy Bid or if you plan on bidding over the WEB.

Please inspect before you bid and remember, everything is sold AS IS, with absolutely no warranty or guarantee of any kind, either written or implied. On occasion, we may have additional information regarding an item being auctioned and will be announced during the auction process.

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RESERVE; THIS AUCTION IS BEING CONDUCTED WITH RESERVE. THE AUCTIONEER RESERVES THE RIGHT IN ITS SOLE DISCRETION TO BID ON ANY AND ALL LOTS, IN SUCCESSION, BID AFTER BID, LOT AFTER LOT, AND IN BULK.

Payments by All successful bidders can pay by credit card (3% fee applied Mastercard & Visa, 5% Amex and Discover), check (certified preferred or personal with bank letter), or wire transfer. All successful bidders will receive their invoices via email from LRG the day after the auction sale. Payments are to be made within 72 hours of auction close. Payments not recieved will be cancelled and reported for nonpayment. 

Taxes: All successful bidders will be responsible for sales taxes which will be added to your invoice unless an exemption certificate is supplied prior to invoicing.

Refunds: No refunds or adjustments will be made once an item has been removed from the auction site. All refunds and adjustments are solely at the discretion of the auction company

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