Allen Rathole, INC. Retirement Auction

Tuesday, October 12, 2021 | 9:00 AM Central

Auction closed.

Allen Rathole, INC. Retirement Auction

Tuesday, October 12, 2021 | 9:00 AM Central

Auction closed.

Internet Premium: 12%
See Special Terms for additional fees

Arkoma, OK

Description

COMPLETE LIQUIDATION OF FAMILY OWNED BUSINESS. EVERYTHING GOES! DRILLS AND SUPPORT EQUIPMENT & MORE!

Blackmon Auctions

(501) 664-4526

Internet Premium: 12%
Sales Tax : 9.5% - Sales tax applied to invoice total, including Internet Premium.
Participation Requirements: Valid Credit Card required for bidding approval
Payment Options: Visa, MasterCard, Discover, American Express, Check, Money Order, Wire Transfer, and Cash
Visa MasterCard Discover American Express
Payment Instructions: To all Bidders - Start time, Catalog, Terms & Condition are only for online bidding. If bidding onsite please visit www.blackmonauctions.com for onsite start time, catalog and terms and conditions. HOW YOU REGISTER IS EXACTLY HOW ALL INVOICES, TITLES, AND RELATED PAPERWORK WILL READ. WE DO NOT CHANGE NAMES, ADDRESSES, OR TAX STATUS ONCE YOU HAVE REGISTERED. NO EXCEPTIONS!!! Online Buyer's Fee - 12% Buyers Fee will be charged on all items. Invoices - All invoices will be generated and emailed after the end of the auction and not before. All invoices are sent to the register email address on your account. Paid invoices will not be sent out automatically. Buyer must request a paid invoice by send their request to mshelle@blackmonauctions.com. Please allow 48 hours after payment has been made before sending your request. Buyers do not need a paid invoice for pickup unless Broker/Hauler Company request one. We verify all online Buyer's purchases are paid with accounting before releasing. Payment Due: All payments must be submitted to Blackmon Auctions by one of the approved methods within 24 hours of the closing of the auction. All open accounts after the due period will be sent to collections and all online accounts flagged from bidding. Excepted Payment Methods - Wire Transfer (Preferred), Credit Card (3% Service Charge will be added), Overnight Check with Bank contact information to verify funds, Cash paid at our Little Rock, AR Office or onsite. Sales Tax: 9.25% TAX WILL BE CHARGED UNLESS PROPER PAPERWORK IS PROVIDED TO BLACKMON AUCTIONS. Please make sure your tax ID number is listed on your Proxibid Account. If we are not provided with the number, taxes will apply. International Bidders - we do not remove taxes just because you are an International Bidder. We have laws we must go by or during an Audit we are fined. International Bidder, if you do not have a US Tax Exception Number you must do the following to have your taxes refund back - this also applies to everyone else that is shipping over State line - You will need to send us a Bill of Lading from an ICC or MCC or the like Carrier (QUICKLY) SO WE CAN REFUND YOUR TAXES. It changes the transaction to an across the state line interstate transaction. International Bidders may be able to send us copies of their export papers. That must be approved by our Accounting Dept before taxes are refund. Terms – This auction is governed by United States UCC Laws which places responsibility on you, the bidder – We have provided time and opportunity for all buyers to inspect the items before they bid AND this is the BUYER’S responsibility. All items will be sold in the “as-is” condition.
Currency Type: USD
Shipping Instructions: Blackmon Auctions does not ship or arrange shipping for Buyers. Buyers are 110% responsible for their items. Removal of Items: Pay as directed above. When sending your staff or trucking company SEND the INVOICE we send you listing your name and each item. Otherwise your items will not be released. Also give your trucker the above address and directions! All items must be removed by Friday, October 15 afternoon. There will be assistance loading for a couple days. If you buy one of the rigs you will have more time to remove but you will also be responsible for removal – we will not be able to rig down or load. No loading dock available.
Preview Date & Times: Buyers are encouraged to inspect items before bidding. On-site inspection will be Monday, October 11 from 8AM-5PM. If you want to inspect early call Bo at 501-944-0921 and we will see if there is availability.
Checkout Date & Times: Last Day - Friday, October 15 afternoon. There will be assistance loading for a couple days. If you buy one of the rigs you will have more time to remove but you will also be responsible for removal – Buyer must rig down or load. No loading dock
Location: 3001 Main Street, Arkoma, OK 11111
Driving Directions: 3001 MAIN STREET, ARKOMA, OKLAHOMA – ON HIGHWAY 112/MAIN STREET ON THE SOUTH SIDE OF ARKOMA, NORTH OF POCOLA.

Special Terms

HOW YOU REGISTER IS EXACTLY HOW ALL INVOICES, TITLES, AND RELATED PAPERWORK WILL READ. WE DO NOT CHANGE NAMES, ADDRESSES, OR TAX STATUS ONCE YOU HAVE REGISTERED. NO EXCEPTIONS!!! To be approved to bid: To all Bidders - We do not consider the time or amount of items bought though Proxibid for approval. We have our own rules and terms for approval. If you are a current and established customer with Blackmon Auctions, register and send a quick email to doug@blackmonauctions.com and billy@blackmonauctions.com. Include your Blackmon Buyer Number and/or the name you buy under. If not an established Blackmon buyer we will need much of the following: - A letter from your bank and banking & banker contact information - Your Business Address - Your Web Site - Business Reference - An indication of (Item(s)/Dollar Amount) what you plan on bidding on in this auction - Acknowledgment from you that you understand the terms and you will pay for those purchases the day of or the day after the auction via wire transfer and remove those purchases within one week of the auction. Special Approvals may require a 10% deposit 48 hours before auction day. If you plan to use a lender to make payment, you must contact Blackmon Auctions 72 hours before auction day for approval to bid.

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1.178.0.803.1e87e45.9.79

Bid Range	Increment
$0.01 - $0.24	$0.01
$0.25 - $0.49	$0.05
$0.50 - $0.99	$0.10
$1.00 - $4.99	$0.25
$5.00 - $9.99	$0.50
$10.00 - $24.99	$1.00
$25.00 - $99.99	$5.00
$100.00 - $249.99	$10.00
$250.00 - $499.99	$25.00
$500.00 - $999.99	$50.00
$1,000.00 - $4,999.99	$100.00
$5,000.00 - $24,999.99	$250.00
$25,000.00 - $49,999.99	$500.00
$50,000.00 - $99,999.99	$1,000.00
$100,000.00 - $249,999.99	$2,500.00
$250,000.00 - $999,999.99	$5,000.00
$1,000,000.00+	$10,000.00

Category

Selling Format

Allen Rathole, INC. Retirement Auction

Allen Rathole, INC. Retirement Auction

LOT WITH LOAD BINDER PRY BARS

LOT WITH CHAIN BINDERS

LOT WITH RATCHET CHAIN BINDERS

DEWALT TORPEDO SHOP HEATER

GRIZZLEY G0554 GEAR HEAD LATHE, 14" X 40"

(2) DEWALT GRINDERS

(1) DEWALT DRILL AND (1) DEWALT GRINDER

MILWAUKEE HOLE SHOOTER DRILL AND (1) 1/2" DRILL

(3) PNUEMATIC WRERNCHES

(2) HEAT GUNS AND (2) PNUEMATIC WRENCHES

(2) PITTSBURG TORQUE WRENCHES

(1) PITTSBURG TORQUE WRENCHES

3-WAY AC MANIFOLD GAUGE SET

(2) PNUEMATIC INPACT WRENCH, 1"

PNUEMATIC IMPACT WRENCH, 1"

LOT WITH (2) PNUEMATIC RATCHETS & (1) NEEDLE SCALER

(2) TAP & DIE SETS

BOX WITH MISCELLANEOUS GREASE FITTINGS/ZERTS

BOX WITH MISCELLANEOUS GREASE FITTINGS/ZERTS

BOX OF SET SCREWS

TOOL SET

AC MANIFOLD GAUGE SET W/HOSES

3/4" DRIVE SOCKET SET

BOX OF BRASS FITTINGS

BOX OF "TUFF CUT" TUNGSTEN CARBIDE BURS