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Terms for Sale in Mayfield, KY on 2017-10-19

OSBORNE POWERLINE CONSTRUCTION CO. INC.

COMPLETE LIQUIDATION AUCTION SALE

THURSDAY, OCTOBER 19TH, 2017 @ 9:00 AM – MAYFIELD, KY

Osborne Powerline Construction Co. Inc., a well-respected Electrical Line Contractor, has decided to liquidate the assets of Osborne Powerline after 29 successful years in business and pursue other interests/Retire. There will be over 900 pieces of power line/utility equipment, vehicles, tools & trailers. Everything will be sold at absolute auction.



SALE SITE PHONE/FAX: Office: (270) 251-2989

SALES CONTACT: Ken Granger at (419) 295-5233 or email ken.granger@jjkane.com


LOCATION: 510 South 16th St., Mayfield, KY 42066

AIRPORTS: Closest airport is Nashville, TN (BNA) 2.5 hours away

HOTELS: SpringHill Suites by Marriott Murray Address: 1512 N 12th St, Murray, KY 42071 Phone: (270) 917-8000; Hampton Inn & Suites Murray Address: 1415 Lowes Dr, Murray, KY 42071, Phone: (270) 767-2226; Holiday Inn Express & Suites Murray, Address: 1504 N 12th St, Murray, KY 42071, Phone: (270) 759-4449

BUYER’S FEE: There will be a 10% taxable buyer’s fee charged on all items sold. A $25.00 document fee will be charged on all titled pieces sold, regardless of the purchaser exemption or residence.

PAYMENT TERMS: There will be a 10% taxable buyer’s fee charged on all items sold. Complete payment is required on sale day only in cash or guaranteed funds: traveller’s checks, money orders and/or bank certified checks. Credit card payment will be accepted by Visa, Master Card, American Express & Discover. Purchaser will be charged a 4% service charge for all credit card transactions. Credit Card payments will be accepted in person with valid ID only. No payments will be accepted at any Live Off-Site locations or by telephone. Company & personal checks will be accepted "only" when they are accompanied by a valid bank letter of credit "guaranteeing or honouring" payment of that particular check up to a specific amount of money. All letters of credit should be addressed to J.J. Kane Auctioneers. International Buyers will need to wire transfer full payment directly from your bank to J.J. Kane Auctioneers bank account. No International checks will be accepted.


LIVE INTERNET BIDDING: This auction sale will feature live on-line bidding powered by Proxibid. All prospective internet bidders are required to register on-line 48 hours prior to the auction sale at www.jjkane.com (Bid Online Tab). All live internet buyers will be charged an additional 2% buyer’s fee and be required to comply with all the terms and conditions of the auction sale, including the payment and removal procedures. For all specific internet bidding questions, please contact Proxibid at (877) 505-7770.

ABSENTEE BIDDING: Absentee bids must be over $10,000. There will be a 25% deposit required with all absentee bids that must be wire transferred to J.J. Kane. Call the sale site for the necessary forms and wire transfer information. Forms must be submitted with lot numbers, full descriptions, serial numbers and the exact amount of your bid(s). J.J. Kane reserves the right to round off bids to the most logical increment. All of the above requirements must be met by 4:00 PM E.S.T. two days prior to the auction or the bid(s) will not be accepted.

INSPECTION: One day inspection only, Wednesday October 18th from 8:00 AM to 4:00 PM and sale day starting at 7:00 AM.

REMOVAL: During the auction sale, as long as the removal activity does not disrupt the auction sale, after the sale until 5:00 PM or End of Auction, Friday & Saturday, October 20th & 21st from 8:00 AM to 4:00 PM, Sunday, October 22nd from 9:00 AM to 1:00 PM, Monday October 23rd & Tuesday October 24th from 8:00 AM to 4:00 PM. All items must be removed by Tuesday, October 24th at 4:00 PM, with no exceptions. Any items left on site after Tuesday will be subject to storage & loading fees.

TRANSPORTATION SERVICES: DAB Transport (816) 230-4135 & Spirit Miller Drive Away (607) 467-1978.


NOTICE: The following section shall apply to the following vehicle mounted aerial devices (Hereinafter referred to as “aerial device”): a. Extensible boom aerial devices; and b. Aerial Ladders; and c. Articulating boom aerial devices; and d. Vertical towers; and e. A combination of any of the above. The vehicle may be a truck, a trailer, or an all- terrain vehicle. The successful purchaser hereby acknowledges that JJ Kane Auctioneers has provided them with the owner’s, operator’s, parts/service and maintenance manuals for the aerial device purchased. If the owner’s, operator’s, parts/service and maintenance manuals are not available, the successful purchaser hereby acknowledges that JJ Kane Auctioneers has provided them with a list of manufacturers that the successful purchaser must contact to obtain the manual(s). The successful purchaser hereby acknowledges that they shall be responsible to notify the manufacturer of the unit model and serial number along with the name and address of the new owner within sixty (60) days from the date of purchase. Upon completion of the sale, JJ Kane Auctioneers will notify the prior owner of the successful purchasers name and location.

Notice to Attendees:
Persons attending are notified that an Auction Site is a potentially dangerous place. Flammable, corrosive and pressurized substances are present, heavy equipment is being operated and electric circuits may be live. Every person at the Auction Site before, during and after the auction sale shall be deemed to be there at his or her own risk with notice of the condition of the premises, the activities on the premises and the conduct of third parties and any registered bidder shall so advise his agents and employees. No persons shall have any claim against the Auctioneers, their agents, employees or principals for any injuries sustained, nor for damages to or loss of property which may occur from any cause whatsoever.

ADDITIONAL TERMS: The information listed on this site is only a guideline. Accuracy cannot be guaranteed. Everything will be sold “As-Is” and “Where-Is” with no warranties or guarantees expressed or implied.

NOTICE:
J.J. Kane Auctioneers or Seller(s) are not responsible for any inspections prior to or after purchase. All equipment or vehicles that require any type of inspection on the upper unit or chassis is 100% the bidder/purchaser's responsibility and expense. (i.e.: Cranes, Man Lifts, Buckets, Diggers, Construction Equipment, Trailers and Vehicles of any type). In an emergency situation, all sellers reserve the right to remove any unit from the sale. Call first before traveling if this is a concern.

SALES ORDER & TIMES: We will be selling all day with Only One Auctioneer. Starting at 9:00 AM Auctioneer One: SALES ORDER starting at 9:00 AM. All selling order & times are just a guideline and are approximate. Buyers should arrive on-site at least 2 1/2 hours before lots of interests are sold. Lots 001-172: will sell between the hours of 9:00AM to 11:00AM (Shop Tools, Hyd. Hose Crimping Machines, Steril- Koni Truck Lift & Kubota ATV) Lots 173-216: will sell between the hours of 11:00AM to 11:45AM (Pickup Trucks, Service Truck, Dump, Flatbeds, Truck Tractors, Semi-Trailers, Crawler Tractor, Kubota tractor, Forklifts, GP Trailers) Lots 220-278: will sell between the hours of 11:45AM to 12:45PM (ATV Digger Derricks, Digger Derricks, Backyard Machines, Utility Buckets & Line Trailers) Lots 280-457: will sell between the hours of 12:45PM to 1:45PM (Augers, Protection Mats, Stringing Blocks, Grips, Anchor Tools, Hot Sticks, Hot Arms, Long Handle Digging Tools) Lots 460-699: will sell between the hours of 1:45PM to 2:45PM (Test Equipment/Tools, Radios, Hydraulic Tools, Crimping Tools, Chainsaws, Bolt/Cable Cutters & Hoists) Lots 700-820: will sell between the hours of 2:45PM to 4:00PM (Mechanical Jumpers, Ground Cables, Rubber Goods, Safety Gear, Flotation Tires, Tool Trailers & Rope) Lots 821-936: will sell between the hours of 4:00PM to 5:30PM (Unmounted Bodies, Truck Accessories, signs, Truck Parts, Everything Else)