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Date: |
Wednesday, August 11, 2010 |
Time: |
10:00 A.M. |
Location: |
Meeting Room #1 at the Pavilion of the Chisholm Trail Expo Center at the Garfield Co. Fairgrounds, 111 W. Purdue, Enid, OK |
| Seller: |
Charles L. Clark |
| Auction Manager: |
Vicki Wiggins * 580-554-4400 |
160 +/- acres * highly productive cropland * good grass pasture * located 3 mi. S. of Waukomis on US 81, & 3 ½ mi. W. * 117.86 acres of cropland * 117.9 acre wheat base * 45 bu. per ac. yield * soil types of cropland - Pond Creek, Class I & Grant silt loams, Class II & III * bal. in Bermuda & native grass pasture w/a sm. amt of scattered timber * water well * electric service * good co. roads * This farm will add nicely to your farming & ranching opportunities. Legal: NW/4 9-20-7 W.I.M., Garfield Co., OK. Crop: Does not sell. ‘10 Taxes: approx. $509.43. Possession: Possession of the cropland at closing, subject to the existing lease which expires after harvest of the 2010-2011 wheat crop or July 1, 2011, whichever is later. Possession of the grass pasture is to be given at closing, subject to the existing lease which expires August 1, 2011. The cash lease for the 2010-2011 crop year in the amt of $6,000.00 will transfer to Buyer at closing.
Producing Minerals will be offered after the Surface!
Producing Minerals: Minerals are currently producing from the Clark, No. 1, operated by Jhatco, Inc. Seller’s royalty interest is .1875000 and royalty income from July 31, 2009 to June 30, 2010 was approximately $8030.81. Contact Vicki Wiggins, auction mgr, 580-554-4400 for any additional info. & visit www.wigginsauctioneers.com for pictures & aerial. Can’t attend the auction? Log on to www.proxibid.com/wiggins to bid on-line. Call the auction co. at least 2 days prior to the auction to register to bid on-line. Terms: 10% down, bal. due at closing. Announcements made day of auction take precedence.
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