Cedarburg Auction & Estate Sales LLC 221 Main Street, Thiensville, WI 53092 262-238-5555 IMPORTANT – PLEASE READ! – CONDITIONS OF SALE 1. Most items auctioned are of considerable age and may exhibit wear, usage, repairs and damage. Therefore, all lots are sold “as is” except for the limited warranty contained herein, and neither we nor the consignor makes any warranties or representations, express or implied, as to the title, merchantability, fitness, or condition with respect to such lots. All statements contained in the catalog or in any bill of sale, invoice, or elsewhere as to authorship, period, culture, source, origin, measurement, quality, rarity, provenance, importance, exhibition and literature of historical relevance or physical condition are qualified statements of opinion and not representations or warranties. We and the Consignor are not responsible for errors or omissions in the catalogue or any supplement material. The purchaser expressly acknowledges and agrees that in no event should Cedarburg Auction be liable for any damages including without limitation, any compensatory, incidental or consequential damages. 2. We reserve the right to withdrawal any property before the sale and shall have no liability whatsoever for withdrawal of property. 3. The auctioneer reserves the right to reject any bid. The highest bidder acknowledged by the auctioneer will be the purchaser. In the event of a dispute between bidders, the auctioneer has final discretion to determine the successful bidder. 4. On the fall of the auctioneer’s hammer, title of the offered lot will pass to the highest bidder acknowledged by the auctioneer, and such bidder thereupon assumes full risk and responsibility, and will pay the full purchase prices plus buyers premium and any application fees such as sales tax and shipping immediately upon receipt of invoice. 5. A buyer’s premium of _____ of the successful bid price will be added to the purchase price and is payable by the purchaser as part of the total purchase price. 6. If any applicable conditions herein are not compiled with by the purchaser, in addition to other remedies available to us and the consignor by law, including without limitation the right to hold the purchaser liable for the total purchase price, we at our option may either (a) cancel the sale, retaining as liquidated damages all payments (including deposits) made by the purchasers or (b) resell the property either privately or at public auction without reserve & in either event the purchaser will be liable for any deficiency in the purchase price & all costs & expenses including: storage fees, handling charges, the expense of both sales & our commissions on both sales at our regular rates, all other charges due hereunder, including attorney fees & incidental damages. In addition, a defaulting purchaser shall be deemed to have granted us a security interest in, & we may retain as collateral security for such purchaser’s obligations to use, any property, in our possession owned by such purchaser. Payment will not be considered to have been made full until your check has cleared the bank. 7. Cedarburg Auction undertakes the execution of absentee bids as a convenience for clients and is not responsible For failure to execute bids, or for any error in the execution of the bid. 8. The bidders’ sole and exclusive remedy is the rescission of the sale and refund of the original purchase price plus any buyer’s premium made, and is in lieu of any other remedy that may otherwise be available as a matter of law or in equity. Cedarburg Auction and the Consigner shall not be liable for any incidental or consequential damages incurred. 9. As stated in paragraph 1 above, neither Cedarburg Auction nor the Consigner makes any express or implied representations or warranties whatsoever concerning any property in the catalogue, including without limitation, any warranty of merchantability or fitness for a particular purpose, except as specifically provided herein, except that Cedarburg Auction warranty the authorship (as hereinafter defined) of a lot , for a period of ninety (90) days from date of sale of such lot and only to the original purchaser of record at the auction. If it is determined to Cedarburg Auction satisfaction that the authorship is incorrect, sale will be rescinded provided that the lot is returned to Cedarburg Auction in the same condition in which it was at the time of sale. Cedarburg Auction shall have the right to have the purchaser obtain, at the purchaser’s expense, the opinion of two recognized experts in the field, mutually acceptable to Cedarburg Auction and the purchaser, before Cedarburg Auction determines whether to rescind a sale under this warrant. If requested, Cedarburg Auction will provide purchaser with names of acceptable experts. 10. “Authorship” is defined as the creator, period, culture, source of origin, as the case may be, as set forth in the description of the lot in the catalogue, as amended by an oral or written salesroom notices or announcements. 11. These Conditions of Sale and the purchaser’s and our respective rights and obligation hereunder are governed by the law of the State of Wisconsin. By bidding at an auction, each purchaser and bidder agrees to be bound by these Conditions of Sale. Any dispute, controversy, or claim arising out of or relating to this agreement, or the breach, termination, or validity thereof, brought by or against Cedarburg Auction (but not including claims brought against the consignor by the purchaser if lots consign hereunder) shall be resolved by legal action brought in Ozaukee County, Wisconsin as the sole place for jurisdiction and litigation of any issues between the parties. EXHIBITION To accommodate prospective buyers, all items offered for sale are available for viewing prior to the auction. We encourage all prospective buyer to personally inspect or have their agent inspect property before bidding to determine its condition and whether or not it has been restored, repaired or altered. CONDITION OF LOTS All items are sold “AS IS” and there will be no returns based on condition. The items sold are often of considerable age and will exhibit wear, usage and damage often not listed in the catalogue entry. The absence of condition remarks in the catalogue entry DOES NOT mean the item is in perfect condition. Prospective buyers are in ALL CASES responsible for determining the physical condition of the lots. No employee or agent of Cedarburg Auction if authorized to make on our behalf or that on the consignor any representation or warranty, oral or written, with respect to any property. THEREFORE, IF THE PROSPECTIVE BIDDER HAS NOT EXAMINED THE PROPERTY TO THEIR SATISFACTION BEFORE THE SALE, OR HIS/HER AGENT HAS NOT INSPECTED THE PROPERTY, CEDABURG AUCTION & ESTATE SALE LLC RECOMMEDNS THAT THEY NOT BID ON THE PROPERTY. All dimensions are approximate. The condition of frames is not guaranteed. BIDDING All bidders are required to register for the auction. You may register during viewing, on line or during the auction. There is no charge for registration. All lots will be sold in numerical order according to the printed catalogue and approximately 100 – 120 lots will be offered per hour. If you are unable to attend the auction in person, but wish to participate, Cedarburg Auction offers two convenient ways for you to do so: absentee bidding and telephone bidding. Absentee bids & Telephone bids will be executed only with a signed bid form. ABSENTEE BIDING To submit an absentee bid, simply list the lot number(s), description and maximum bid amount on the bid form, sign and submit it to Cedarburg Auction. Bids will be accepted in whole dollar amounts only. No “buy” or “unlimited” bids will be accepted. When leaving absentee bids, please make sure your bids fall within the proper bidding increments explained under the heading: BID INCREMENTS. Our representatives will bid competitively on your behalf, trying to purchase the lot for the lowest price possible. Due to the nature of competitive bidding, this may result in a lot being sold to an in-house bidder at or just below your minimum bid amount. Bidding limit does not include buyer’s premium, tax and/or shipping. Tie bids are decided in favor of the earliest postmark or fax date. TELPHONE BIDDING All arrangements for telephone bidding should be made as early as possible. Phone bidding will not be accepted for items under $500 and you must be will to bid at least up to the low estimate. A representative will call you approximately 2 – 5 minutes prior to desired lot being offered. INCOMIG CALLS WILL NOT BE ACCEPTED. Because phone space is limited, phone bidding is offered on a first come first serve basis.