DEBTOR-IN-POSSESSION SALE

P U B L I C

U C T I O

• TEXTILE PLANT •
• DYE MACHINES • EXTRACTORS • BLENDING SYSTEM •
• NEEDLE LOOMS • MOLDING MACHINES • BALERS •
• SHEARS • PLANT SUPPORT EQUIPMENT • FABRIC •
REAL ESTATE
6 PARCELS • ±350 ACRES of LAND

TROY MILLS INC.
(BANKRUPTCY CASE NO. 01-13341)

30 MONADNOCK STREET TROY, NEW HAMPSHIRE
TO BE SOLD ON THE PREMISES
THURSDAY, JANUARY 30^TH AT 11:00 A.M.

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SALE PER ORDER OF UNITED STATES BANKRUPTCY COURT
FOR THE NORTHERN DISTRICT OF WEST VIRGINIA

DONALD J. EPPERLY, ESQ.
OF THE FIRM OF STEPTOE & JOHNSON, PLLC
P.O. BOX 2190, CLARKSBURG, W. VIRGINIA
ATTORNEY FOR DEBTOR-IN-POSSESSION

TERMS OF SALE
REAL PROPERTY:
Parcel 1: $30,000.00 deposit cash or certified check.
Parcels 2 - 6: $5,000.00 deposit per parcel, cash or certified check.
All Deposits must be increased to equal 10% of Purchase Price within 5 Business Days.

PERSONAL PROPERTY: 25% DEPOSIT CASH OR CERTIFIED CHECK.

OTHER TERMS TO BE ANNOUNCED AT TIME OF SALE
10% BUYERS PREMIUM APPLIES

INSPECTION: WEDNESDAY, JANUARY 29TH - 10:00 A.M. TO 4:00 P.M.
MORNING OF SALE 8:30 A.M. TO 11:00 A.M. OR UPON REQUEST

PAUL W. SCHEER, NH AUC. LIC.# 3073

BLENDING SYSTEM

• Omni Prato Blending Sys. Including:
Bale Breaker w/ 112’ Conveyor; 72" Cleaner w/ Blower;
Lubricator w/ Blower; Filter Bins 60’ L x 9’ W x 20’ H •

MOLDING MACHINES

• TTI-ONE Thermoforming Tech. Molder, 150 Ton, 84" x 40" Work Area,
         Hyd. Drive Sys., Double Action, M/N L0A-40-60, S/N 2037 (New 1994) •
• Lyle II In-Line Thermoformer, 150 Ton, 50" x 40" Work Area, Toggle Press
         w/ Hyd. Trimmer (New 1993) •
• Brown In-Line Thermoformer, 150 Ton, 66" x 44" Work Area,
         Double Action, Hyd. Trim •
• AAA Rotary Thermoformer, 80 Ton, Pneu. Air Bag,
         40" x 84" Work Area, 3 Station Rotary •

DYE MACHINES

• 2/ Morton Stock Dye Machines, 1800 Lbs., 90" Diam. X 50" Deep
         w/ Pressure Exp. Tanks, Clamp Tops, Microprocessor Controls,
         S/N 83-127-1; 82-151 •
• Morton Stock Dye Machine, 1000 Lbs., 70" Diam. X 50" Deep
         w/ Pressure Exp. Tank, Clamp Top, Foxboro Controller, S/N 10-70-132 •
• Morton Stock Dye Machine, 250 Lbs., 40" Diam. X 24" Deep
         w/ Pressure Exp. Tank, Microprocessor Control, S/N M078-212-13 •
• Smith Drum Stock Dye Machine, 400 Lbs., 54" Diam. X 24" Deep
         w/ Pressure Exp. Tanks, Foxboro Controller •

EXTRACTORS

• Rousselet Rapide Continuous Stock Extractor, 150 Lbs., 40 H.P., Hyd. Sys. •
• Rome S.S. Extractor, 60" Diam., S/N 930302U •

STOCK BALERS

• Lummus Double Box Hyd. Ram Baling Sys., Mod. 16-223
w/ Stationary Screen 27" x 54" Twin Unit, Bale Size 68" x 60" x 50"
w/ Ex. Sys. •
• Lummus Baler 50"w x 28", Upstroke w/ 27" x 54" Bale •

HYDRAULIC PRESSES

• HT Hyd. Press, 20 Ton, 3 Station Robotic Load Station,
3 Multi-Zone Heat Stations w/ Auto Unloader (New 1995) •
• AAA 45 Ton Rotary Thermoformer Hyd. Press, Mod. R34872A, S/N 175 •

TUMBLE DRYERS

• 3/ Smith Grantham Tumbler Dryers, Gas, 400 Lb. Cap., M/N 4000 •

MIXING ROOM

• Cowles Dissolver Mixer, M/N 41GVHV, 10 H.P., 3 Ph. •
• 2/ Steel Mixing Tanks, 1000 Gal. Cap.
w/ Hockmeyer Gear Head Mixer, 15 H.P. •
• Steel Mixing Tank, 200 Gal. Cap. w/ Air Mixer •

NEEDLE LOOMS

• Hunter Fiber Locker 105" Needle Loom, M/N 24, S/N 6075 •
• DiLo 96" Needle Loom Type D Tack 25, S/N 4020 •
• DiLo Needle Loom, Mod. DILOFT 17, S/N 4571 •

BRUSHES & SHEARS

• Polrotor 72" Pile Finishing Mach., M/N PTM-180, S/N 1417 •
• Sellers 108" Shear, S/N 34970 (New 1989) •
• Sellers 108" Shear, S/N 34775 (New 1986) •

MISCELLANEOUS MACHINERY

• Hunter 96" Tenter Dryer •
• Hunter Feed Box 60" w/ 28’ Hunter Blending Bin •
• Davis & Furber Picker • Asselin Intermediate Cross Lapper •
• 2/ Davis & Furber 72" Cards • 2/ Davis & Furber Tandem Feeders, 72" •
• DiLo DiLoop 100", M/N VS-25 (New 1992) •
• DiLo DiLoft 17, S/N 45-71 •
• Richards Die Holder • Richards Multiform Bender •
• Hudson Press, M/N S-325, S/N 864 •
• Branson Press, M/N VIB-2400, S/N 42190 •
• 2/ Hansford Die Handlers, 20 Ton, Mod. 1021 •

BOILERS

• Cleaver Brooks Packaged Boiler, 600 H.P., 150 PSI, M/N CB-600-600 •
• Cleaver Brooks Packaged Boiler, 350 H.P., 150 PSI, M/N CB655-350 •

WATER RECOVERY SYSTEM

• Pep Solid Filter FIT-106 & Kemco Hot Water Recovery Sys., M/N 2-1417,
S/N 18844 (New 1994) Including: Morton Heat Exchanger; (2) 6000 Gal
S.S. Tanks; Morton Autoclave; Pumps; Valves & Controls •

PLANT SUPPORT EQUIPMENT

• Northstar Port. Steam Cleaner, M/N 1300 •
• 3/ Port. Hyd. Lifts, 1500# Cap. • 7/ Elec. Chain Hoists •
• 3/ Hyd. Pallet Jacks • Port. Stock Ladders •
• Canvas Baskets • Hand Trucks • Floor Fans •
• Platform Scales 5,000# - 10,000# • Ass’t Lab Equip. •
• 50/ Steel Stack Racks • Foreman’s Desks • Met. File Cabinets •
• Ass’t Exec. Office Furniture • Workstations • Etc. • Etc. •

CAFETERIA EQUIPMENT

• Delfield S.S. 1D Freezer • Manitowic Ice Mach. •
• Hobart Grill, Gas • MagiKitchen Grill, Gas •
• Pitco Friolator, Gas • Delfield 6’ S.S. Counter w/ Sink •
• 20’ S.S. Cafeteria Line w/ Steam Table & Warmer •
• Airtec 8’ S.S. Hood • 30/ Uph. Chairs • Etc. • Etc. •

FABRIC & FELT INVENTORY

• 50,000 Yds. Polypropylene Fabric, Ass’t Widths & Colors •
• 10,000 Yds. Automotive Seating Fabric, Ass’t Widths & Colors •
• 6,000 Yds. Scrim • 1,500 Yds. Felt • 3,000 Yds. Wall Covering •

THURSDAY, JANUARY 30^TH AT 11:00 A.M.

• INDUSTRIAL MILL COMPLEX • 5/ OUT-PARCELS •

30 MONADNOCK STREET TROY, NEW HAMPSHIRE

PARCEL 1: (30 Monadnock St.) ± 367,000 S/F Industrial Mill Complex on ±31          Acres • 3/ Tenants in ±154,000 S/F · ±$43,000 Per Month Rental Income ·
          7/ Mill Buildings • 16/ Loading Docks • 3/ Elevators • 2/ Boilers •
PARCEL 2: (26 Central Square) 2/ Warehouse Buildings on ±1/3 Acre of          Residential Land on Picturesque Village Common •
PARCEL 3: ±17 Acres of Residential Land, divided into 6 Lots •
PARCEL 4: ±27 Acres of Land in 2 Parcels •
PARCEL 5: ±76 Acres of Timberland in 2 Parcels •
PARCEL 6: ±190 Acres of Timberland •

Click PARCEL for more Information

Terms of Sale
Parcel 1: $30,000.00 deposit cash or certified funds.
Parcels 2 - 6: $5,000.00 deposit per parcel, cash or certified funds.
All Deposits must be increased to equal 10% of Purchase Price within 5 Business Days.
Other terms to be announced at time of sale.
10% Buyer's Premium Applies

PAUL W. SCHEER, NH AUC. LIC.# 3073

INSPECTION:
WEDNESDAY, JANUARY 29^TH – 10:00 A.M. TO 4:00 P.M.
MORNING OF SALE: 8:30 A.M TO 11:00 A.M. OR UPON REQUEST

DIRECTIONS:
FROM ALBANY:
   •Take NY-7E towards Troy/Bennington, which becomes VT-9 ± 70 miles.
   •Merge onto I-91 N & take Exit #3 toward US-5/Brattleboro/VT-9 ± 2 1/2 miles.
   •Merge onto Chesterfield Rd.
   •At rotary take 2^nd exit onto VT-9 ± 16 miles.
   •Turn right onto Main St/NH-12 ± 8 1/2 miles.
   •Turn left onto Monadnock St.
FROM BOSTON:
   •Take the Massachusetts Turnpike I-90 W to I-95 North.
   •Take I-95 N to Exit 29B toward Acton/Fitchburg.
   •Follow Rt-2 West ± 39 Miles.
   •Take RT-140 N Exit 24B toward Ashburnham/Winchendon ± 10 miles.
   •Turn Left onto Spring St/MA-12 ± 1 1/2 miles.
   •Turn right onto Glenallen St wchich becomes US-20 ± 7 miles.
   •Turn left onto NH-119 ± 5 1/2 miles.
   •Turn right onto NH-12/Winchendon Rd ± 3 1/2 miles.
   •Turn right onto Monadnock St.
FROM BRATTLEBORO:
   •Follow US-5 North to VT-9.
   •Follow VT-9 E which becomes NH-101 E/NH-12 E ± 16 1/2 miles.
   •Turn right onto Main St/NH-12 S ± 9 miles.
   •Turn left onto Monadnock St.
FROM HARTFORD/SPRINGFIELD:
   •Take I-91 N to RT-10 N, Exit 28A toward Northfield.
   •Merge onto MA-10 N ± 12 1/2 miles.
   •Turn right onto NH-119/Richmond St ± 14 1/2 miles.
   •Turn left onto NH-12/Winchendon Rd ± 4 miles.
   •Turn right onto Monadnock St.
FROM KEENE:
   •Follow Main St/NH-12 S ± 10 miles.
   •Turn Left onto Monadnock St.

LODGING:
• E F LANE HOTEL, KEENE, NH 1-603-357-7070
• BEST WESTERN SOVEREIGN HOTEL, KEENE, NH 1-603-357-3038
• WRIGHT MANSION INN, KEENE, NH 1-603-355-2288

TERMS & CONDITIONS:
EVERYTHING SOLD "AS IS/WHERE IS"

TERMS OF SALE:
REAL ESTATE
PARCEL 1: $30,000.00 DEPOSIT CASH OR CERTIFIED CHECK. PARCELS 2-6: $5,000.00 DEPOSIT PER PARCEL, CASH OR CERTIFIED CHECK. ALL DEPOSITS MUST BE INCREASED TO EQUAL 10% OF PURCHASE PRICE WITHIN 5 BUSINESS DAYS. PERSONAL PROPERTY
25% DEPOSIT AT TIME OF SALE BY CASH OR CERTIFIED OR BANK WIRE TRANSFER. 10% BUYERS PREMIUM APPLIES.
OTHER TERMS TO BE ANNOUNCED AT TIME OF SALE.
PERSONAL OR COMPANY CHECK ACCEPTED ONLY IF ACCOMPANIED WITH A BANK LETTER GUARANTEEING PAYMENT. EXAMPLE OF BANK LETTER OF GUARANTEE: THIS BANK GUARANTEES PAYMENT TO AARON POSNIK & CO., INC. ON ACCOUNT # ______UP TO THE AMOUNT OF $ ______ FOR PURCHASES MADE AT THE TROY MILLS INC. AUCTION TO BE HELD ON JANUARY 30^TH. NO PURCHASE REMOVED UNTIL COMPLETE SETTLEMENT IS MADE.

SALES TAX: NEW HAMPSHIRE SALES TAX LAWS APPLY

BID BY MAIL: IF YOU CANNOT ATTEND THIS AUCTION IN PERSON WE WILL BE HAPPY TO RECEIVE YOUR BID ON THE ITEMS THAT YOU DESIGNATE (IF YOUR BID IS SENT BY MAIL OR FAX AND RECEIVED BY OUR OFFICE AT LEAST 24 HOURS PRIOR TO THE COMMENCEMENT OF THE SALE). IF YOU WISH TO BID BY MAIL, KINDLY PROVIDE A COMPLETE LIST OF THE ITEMS DESIRED AND ENCLOSE A 25% DEPOSIT BY CERTIFIED CHECK. YOU WILL BE RESPONSIBLE FOR PURCHASES IF YOU ARE THE HIGH BIDDER, UNDER THE TERMS AND CONDITIONS TO BE ANNOUNCED AT TIME OF SALE. IF YOU ARE THE SUCCESSFUL BIDDER, WE WILL NOTIFY YOU WITHIN 24 HOURS OF THE SALE AND YOU MUST MAKE PAYMENT OF THE BALANCE DUE BY WIRE TRANSFER TO OUR BANK WITHIN 24 HOURS OF NOTIFICATION. IF YOU ARE UNSUCCESSFUL IN YOUR BID, YOUR DEPOSIT WILL BE RETURNED TO YOU WITHIN 72 HOURS OF THE SALE.

IMPORTANT NOTICE: THE INFORMATION DESCRIBED IN THIS BROCHURE IS CORRECT TO THE BEST OF OUR KNOWLEDGE BUT WE CANNOT GUARANTEE SAME. IT IS FOR THIS REASON THAT BUYERS SHOULD AVAIL THEMSELVES OF THE OPPORTUNITY FOR INSPECTION PRIOR TO THE SALE.

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