Saturday, May 21, 2011

The Art Exchange Legal Notice in The Sentinel Record

                                NOTICE OF CONSUMER'S SALE CASE NO. CV-2010-710-1 IN THE CIRCUIT COURT OF GARLAND COUNTY, ARKANSAS, DIAMOND BANK, PLAINTIFF VS. ART-EXCHANGE.COM, INC. an Arkansas Corporation; RICHARD A. GIPE, an individual; LORIE GIPE, an individual and 804 CENTRAL, LLC,  an Arkansas limited liability company, DEFENDANT.

         NOTICE IS HEREBY GIVEN that pursuant to the authority and directions contained in the decretal order of the Circuit Court of Garland County, Arkansas, entered on the 21st day of April, 2011 in a certain Cause   No. CV-2010-710-1 then pending therein between Diamond Bank as Plaintiff and ART-EXCHANGE.COM, INC. Richard A. Gipe an Individual, Lorie Gipe, an individual: and 804 Central, LLC, an Arkansas limited liability company, the undersigned as Commissioner of said Court, will offer for sale at public venue to the highest bidder. on the first floor near the elevator of Garland County Courthouse, Hot Springs, Arkansas at 11:00 a.m. on the 18th day of May, 2011, the following described personal property to-wit:

         Art work by Chase Chan 1948 impressions

         Artwork by Brett Livingston Strong 344 impressions

         Various reproductions and posters by various artist 158 impression

         Equipment, fixtures, and inventory of Art-Exchange.com, Inc.

         Accounts, documents, and general intangibles of Art-Exchange.com, Inc

         Insurance claim in U.S. District Court Case No. 6:10-CV-6060-RTD

            TERMS OF SALE: The property shall be sold on credit of three (3) months with the purchaser being required to execute a bond as required by law and order and decree of said Court in said cause, with approved security, bearing interest at the rate of six percent (6%) per annum from the date of sale until paid, and a lien being retained on the property sold to secure the payment of purchase.

          Given under my hand this 3rd day of May 2011.

Jeannie Pike
Commissioner


By: Kristie Wamble
Deputy Clerk


Art-Exchange.com




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