THIS IS A COMPLETED SALE
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OLO Machine Shop Auction - Manteno, IL
Previous Page Listing ID#: 1447571
Auction Location |
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Manteno, IL 60950 |
Auction Dates and Times |
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Bidding Starts: Wednesday Oct 26 Bidding Ends: Wednesday Oct 26 |
Auction Type |
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Online Auction VIEW ONLINE CATALOG |
Company Information |
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Kraft Auction Service Contact: Jonathan Kraft Phone: 219-973-9240 Email: kraftauctioninfo@aol.com Website: www.kraftauctions.com GoToAuction.com ID#: 1980 View company information and listings |
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Listing Terms and Conditions |
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Basic Auction Terms: Credit card on file will be run for payment. 15.4% buyer's premium. Everything sold as is. Not responsible for accidents or items after sold. All items must be removed by scheduled removal times, no exceptions! No refunds for items not picked up.
Auction Terms & Conditions Conditions of Sale
Kraft Auction Service LLC. AS AGENT
The lots listed in this catalogue will be offered by Kraft Auction Service LLC. as owner or as agent for consignor(s) subject to the following terms and conditions. By bidding at auction you agree to be bound by these Conditions of Sale.
BEFORE THE SALE
Prospective buyers are strongly advised to personally examine any property in which they are interested before the auction takes place.. All lots are sold AS IS and without recourse and neither Kraft Auction Service LLC. nor its consignor(s) makes any warranties or representations, express or implied with respect to such lots. Neither Kraft Auction Service LLC. nor its consignor(s) makes any express or implied warranty or representation of any kind or nature with respect to merchantability, fitness for purpose, correctness of the catalogue or other description of the physical condition, size, quality, rarity, importance, medium, material, genuineness, attribution, provenance, period, culture, source, origin, exhibitions, literature or historical significance of any lot sold. The absence of any reference to the condition of a lot does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging. No statement, whether written or oral, and whether made in the catalogue, or in supplements to the catalogue, an advertisement, a bill of sale, a salesroom posting or announcement, the remarks of an auctioneer, or otherwise, shall be deemed to create any warranty, representation or assumption of liability. Kraft Auction Service LLC. and its consignor(s) make no warranty or representation, express or implied, that the purchaser will acquire any copyright or reproduction rights to any lot sold. Kraft Auction Service LLC. expressly reserves the right to reproduce any image of the lots sold in the catalogue.
AT THE SALE
Refusal of Admission: Kraft Auction Service LLC. has the right, at our complete discretion, to refuse admission to the premises or participation in any auction and to reject any bid.
Registration before Bidding
A prospective buyer must complete and sign a registration form and provide identification before bidding. We may require bank or other financial references.
Bidding as Principal
When making a bid, a bidder is accepting personal liability to pay the purchase price, including the buyer's premium, all applicable taxes and all other applicable charges, unless it has been explicitly agreed upon in writing with Kraft Auction Service LLC before the commencement of the sale that the bidder is acting as agent on behalf of an identified third party acceptable to Kraft Auction Service LLC., and that Kraft Auction Service LLC. will only look to the principal for payment.
Absentee Bids
We will use reasonable efforts to carry out written bids given to us at least 24 hours prior to the sale for the convenience of clients who are not present at the auction in person, by an agent or by telephone. Bids must be placed in U.S. dollars. If we receive written bids on a particular lot for identical amounts, and these are the highest bids on the lot at the auction, it will be sold to the person whose written bid was received and accepted first. Execution of written bids is a free service undertaken subject to other commitments at the time of the sale and we do not accept liability for failing to execute a written bid or for errors and omissions in connection with the written bid.
Telephone Bids
On lots with a low estimate of $500 and above and if a prospective buyer makes arrangements with us prior to the commencement of the sale we will use reasonable efforts to contact them to enable them to participate in the bidding by telephone and we do not accept liability for failure to do so or for errors and omissions in connection with telephone bidding. These telephone bids may be recorded at the discretion of Kraft Auction Service LLC.
Online Bids
We will use reasonable efforts to carry out online bids and do not accept liability for equipment failure, inability to access the Internet or software malfunctions related to the execution of online bids.
Reserves
Some lots in the sale are subject to a reserve which is the confidential minimum price below which such lot will not be sold. Reserves are agreed upon with consignors or, in the absence thereof, the absolute discretion of Kraft Auction Service LLC. The auctioneer may open the bidding on any lot below the reserve by placing a bid on behalf of the seller. The auctioneer may continue to bid on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to other bidders. With respect to lots that are offered without reserve, unless there are already competing bids, the auctioneer, in his or her discretion, will generally open the bidding at half of the low estimate for the lot. In the absence of a bid at that level, the auctioneer may proceed backwards at his or her discretion until a bid is recognized, and then continue up from that amount.
Auctioneer's Discretion
The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw any lot, and in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive. This auction permits bids to be placed by the auctioneer, an employee of the auctioneer, or the seller or an agent on the seller's behalf and is permitted to do this by providing this disclosure to you the bidder.
Successful Bid
The highest bidder acknowledged by the auctioneer will be the purchaser. In the case of a tie bid, the winning bidder will determined by the auctioneer at his or her sole discretion. In the event of a dispute between bidders, the auctioneer has final discretion to determine the successful bidder or to reoffer the lot in dispute. If any dispute arises after the sale, the Kraft Auction Service LLC. sale record shall be conclusive. Title passes upon the fall of the auctioneer's hammer to the highest acknowledged bidder subject to the Conditions of Sale set forth herein, and the bidder assumes full risk and responsibility.
AFTER THE SALE
Buyer's Premium
In addition to the hammer price, the buyer agrees to pay Kraft Auction Service LLC. a buyer's premium and the applicable sales tax added to the final total. The buyer's premium for purchases made via online bidding is fifteen point four percent(15.4%) of the hammer.
Payment
The online buyers must pay the entire amount due (including the hammer price, buyer's premium, all applicable taxes and other charges) immediately at the conclusion of the sale. The credit card on file will be run immediately after the sale is concluded. If payment is declined, payment must be made the next day in U.S. dollars may be made with cash; credit card (Mastercard, Visa, Discover, American Express); bank check or cashier's check drawn on a U.S. bank; money order; or wire transfer unless other arrangements are made with Kraft Auction Service LLC. Kraft Auction Service LLC. reserves the right to hold merchandise purchased by personal check until the check has cleared the bank. The purchaser agrees to pay Kraft Auction Service LLC. a handling charge of $50 for any check dishonored by the drawee.
Collecting Purchases
Once Kraft Auction Service LLC. has received all funds due to us, the buyer shall collect purchased lots on the posted pick-up days from the auction. Any items not picked up on those days, will automatically be forfeited.
Non Payment
If we do not receive payment in full, in good cleared funds, within 24 hours following the sale, we are entitled in our absolute discretion to exercise one or more of the following measures, in addition to any additional actions available to us by law:
a.) to impose a late charge of one and a half percent (1.5%) per thirty (30) days of the total purchase price
b.) to hold the defaulting buyer liable for the total amount due and to begin legal proceedings for its recovery together with interest, legal fees and costs to the fullest extent permitted under applicable law
c.) to cancel the sale
d.) to resell the property publicly or privately with such terms as we find appropriate, to resell the property at public auction without reserve, and with the purchaser liable for any deficiency, cost, including handling charges, the expenses of both sales, our commission on both sales at our regular rate, all other charges due hereunder and incidental damages. In addition, a defaulting purchaser will be deemed to have granted us a security interest in, and we may retain as collateral security for such purchaser's obligations to us, any property in our possession owned by such purchaser. At our option, payment will not be deemed to have been made in full until we have collected funds represented by checks, or in the case of bank or cashier's checks, we have confirmed their authenticity.
e.) to offset against any amount owed
f.) to not allow any bids at any upcoming auction by or on behalf of the buyer
g.) to take other action as we find necessary or appropriate
Failure to Collect Purchases
If property is not picked up within the pick-up days following the sale, whether or not payment has been made, Kraft Auction Service LLC. reserves the right to charge $5 per lot per day or to deliver said property to a public warehouse for storage at the purchaser's expense. Kraft Auction Service LLC shall have no liability for any damage to property left on its premises for more than the stated pick-up days following the sale. In addition, we reserve the right to impose a late charge of one and a half percent (1.5%) per month of the total purchase price if payment is not made in accordance with the conditions set forth herein. For property that is not picked up after thirty (30) calendar days, an additional administration fee of $75 will be charged. Property which is paid for but left on our premises for any reason in excess of sixty (60) calendar days is subject to sale by us with the balance of any funds recovered in excess of storage charges and any other fees being remitted to you.
LIABILITY
Condition Reports
Kraft Auction Service LLC. is not responsible for the correctness of any statement of any kind concerning any lot, whether written or oral, nor for any other errors or omissions in description or for any faults or defects in any lot. Neither the seller, ourselves, our officers, employees or agents, give any representation, warranty or guarantee or assume any liability of any kind in respect of any lot with regard to merchantability, fitness for a particular purpose, description, size, quality, condition, attribution, completeness, authorship, authenticity, rarity, importance, medium, provenance, exhibition history, literature or historical relevance. Except as required by local law any warranty of any kind whatsoever is excluded by this paragraph. Items under $1,000 are collated upon request.
Purchased Lots
If for any reason a purchased lot cannot be delivered in the same condition as at the time of sale, or should any purchased lot be stolen, mis-delivered or lost prior to delivery, Kraft Auction Service LLC. shall not be liable for any amount in excess of that paid by the purchaser.
Legal Ramifications
The rights and obligations of the parties with respect to these Conditions of Sale, the conduct of the auction and any matters connected with any of the foregoing shall be governed and interpreted by the laws of the jurisdiction in Indiana. If any part of these Conditions of Sale is found by any court to be invalid, illegal or unenforceable, that part shall be discounted and the rest of the conditions shall continue to be valid to the fullest extent permitted by law.
Discretion
Any and all of the conditions may be waived or modified in the sole discretion of Kraft Auction Service LLC
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Listing Information |
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Online Only
Auction
Bidding Begins to Close October 26th @ 5:00pm CDT
Auction Preview: Oct. 25th 12pm-4pm
Auction Pick-up: Oct. 27th 9am-4pm ONLY
Located at 350 W Evergreen St Manteno, IL.
Complete Machine Shop - Forklift - Truck and Much More..
Owner: Gary Novak
Terms: Credit card on file will be run for payment. 15.4% buyer's premium. 6.25% Illinois Sales Tax. Everything sold as is. Not responsible for accidents or items after sold. All items must be removed by scheduled removal times, no exceptions! No refunds for items not picked up.
Kraft Auction Service
Jonathan Kraft - 441.001494
219-973-9240 - Info@KraftAuctions.com
KraftAuctions.com
1 1992 GMC Sierra 1500 Pickup Truck. Gas, manual transmission, 137974 miles. Starts, runs. *No Title *No Brakes 2 1993 Chevrolet C3500 Pickup. Gas, automatic transmission. 178,825 miles. *No Title *Starts, Runs *Beverage Cooler Not Included * 2 Beverage Air Beverage Cooler 3-Doors 95" L x 27.5" D x 37" H 3 Hyster Forklift 43" Forks Propane Reads 882 Hours Type LP Model: A-235134 *Runs, Does Not Move Forward Or Backward, No Brakes* 4 5 25' Economy TV/25 Scissor Lift Traveler Work Platform 300lbs Capacity 23" x 17" Platform *Trailer Not Included * 6 Trailer Carry-On Corp. Single Axle Ball Hitch Frame size 75"x48" *No Title* *Scissor Lift Not Included* 8 Niagara Hydro-Mechanical Press Brakes Machine Measures 120in x 48in x 90in *unable to locate model # 9 Niagara No 36 tin shear. Overall dimensions 49" W x 67" D x 43" T 10 Chicago W31 bending brake. 68" W with out handles, x 25" D x 51.5" T with out handles 11 The lockformer cleat former. Capacity 22 gauge. 48" W x 24" D x 38" T. 13 Engel sheet metal equipment inc Shop master. Table dimensions, 9' W x 4' 3" D . Overall dimensions, 149" W x 69" D x 53" T 14 Peck Stow & Wilcox model hand roller. Roller length 37". Overall dimensions 53" W x 27" D x 47.5" T 15 The Peck,Stow & Wilcox co. shear. 30.5" shear. Overall dimensions, 43" W x 24" D x 42" T 16 Central machine 20 ton hydraulic bottle jack. 26" W x 27.5" D x 61.5" T 17 Buffalo band saw. Cutting cap 4.5" RD, 4x6 RECT. 36" W x 42" T 18 Woodstock International Shop Fox milling machine. 46" W x 42" D x 68.5" T 28 Dewalt emglo compressor. 200 max psi . 15 gal tank. 1.8hp motor. 24" T 33 Adjustable height metal stand. Bidding on one times the quantity in the lot 36 38 54 60 61 Double sided pre season air-conditioning sale bannet. 70" x 18" 82 Angle iron shear. Bidding on one times the quantity in the lot 84 Vintage Postal Telegraph synchronous electric time wall clock. Face, 15" diameter. Overall 19.75" diameter 91 Ridgid adjustable pipe stand with electric cord and drop light 104 Shelf Contents - Masking Tape , Ear Protection , Brushes , Waste Basket , Painter's Overalls 105 Stanley Max Stick Measure 48" & Central West Machinery Co. Various Measurements Stick 48" 110 Companion Gravity Feed Spray Gun Max 90-PSI Model: 875.181170 112 113 Tools - Drill Bits , Ladder Bumpers , DC Polarity Tester , Bolts , Welder Tips 114 Malco Metal Toolbox w/ Contents Ball Bearings , Flange Bearings , Washers , Pipe Fittings 115 117 Imperial Punch No. 7-1/2 Whitney Metal Tool Co. Capacity 1/4 to 3/16 118 Imperial Punch No. 3 Whitney Metal Tool Co. Capacity 1/4 121 Work Station Metal Frame Bottom Shelf 52" W x 24.5" D x 59.5" H *Drawer Contents Included, Top Shelf Contents NOT Included* 124 Central Steel & Wire Co. Measurement Posters Tap Drill , Gage Decimals , Fractions , Decimals , Millimeters 38" H x 24" W (Bidding Times The Quantity) 125 Tools - Wired Wheels , Master Locks , Grinding Stone , Duro Dyne Cable Locks , Miter Corner Clamp 126 Hardware Storage Bins w/ Contents Bolts , Nuts , Switches 9" & 10" Tall (Bidding Times The Quantity) 128 Precision Drawing/Measuring Tools Caliper , Depth Gauge , Compass Caliper 129 Mitutoyo Combination Square Set Protractor , Woodworking Square , Carpenter Square Model: 180-301 131 Flashlights Craftsman Pivoting LED Work Light , Mini Clip-On Light 132 133 Klein Tools Manual Ranging Multimeter Model: MM10 & Cen-Tech Digital Clamp Meter Model: 95683 (Bidding Times The Quantity) 135 Hardware Storage Bin 18.5" H x 15" W w/ Contents Screws , Wire Connectors , Nuts , Toggle Bolt 136 Tool Shop 6" Bench Grinder 1/2-HP 3.5-AMPs 3450-RPM Model: 241-1406 *Buyer Incharge Of Removal* 139 Chicago Electric Spot Welder 120V 13.5-AMPs Model: 61205 140 DeWalt 3/8" Cordless Drill 12V 1400-RPM Model: DC727 & Charger Model: DW9118 141 DeWalt 3/8" Cordless Drill 12V 1400-RPM & Charger Model: DW9118 & Battery w/ Case 142 DeWalt 14" Chop Saw 15-AMPs 3800-RPM 1" Arbor Model: DW871 143 DeWalt 5" Deep Cut Variable Speed Band Saw 10-AMPs 100-350-SPM Model: DWM120 144 Craftsman Hand Grinder 1/5-HP 2-AMPs 24,000-RPM Model: 315.25840 w/ Case 145 Drexel Cordless 10.8V 5,000-35,000-RPM Model: 800 & Flexible Shaft w/ Case |
Photo Gallery
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