Chinqua Penn Secondary Auction

Auction Listing

BANKRUPTCY COURT ORDERED SECONDARY AUCTION

Selling by Order of the United States Bankruptcy Court

Assets Located Within
The Historic Chinqua Penn Plantation

Thursday, April 26th, 2012

Begins 30 Minutes After Primary Catalogue Auction Ends

Reidsville, NC – Rockingham County
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LIVE BIDDING

AUCTION LOCATION
Greensboro Coliseum, NC 1921W. Lee St. Greensboro, NC

AUCTION LISTING

*Lot Number*	*Item*
1	Renaissance Revival Sofa
2	Vintage Chesterfield Sofa
3	Sunroom Wicker Table
4	(2) Mid-Century Chairs
5	(3) Inlaid Mahogany Tables
6	Mid-Century Rattan Chair w/ Ottoman
7	Wicker Chair & Side Table
8	Primitive Harness w/ Vessel
9	Group of Art Deco Objects
10	Vintage Bingo Set
11	(2) Antique Baskets
12	(4) Vintage Wall Plaques
13	(3) Antique Chinese Porcelain Objects
14	Group of Chinese Objects
15	Group of Porcelain Figures & Clock
16	Pair of Vintage Sconces
17	Group of Vintage Glass Objects
18	Group of Antique Italian Tiles
19	Group of Cabinet Objects
20	Vintage Framed Lithograph
21	Group of 8 Vintage Frames
22	(12) Silver Plated Objects
23	Group of Vintage Desk Items
24	Group of 6 Pieces of Currency
25	Group of Architectural Pieces
26	Group of Vintage Bar Items
27	Group of Antique Lighting Accessories
28	(3) Antique Baskets
29	(3) Antique Vessels
30	Collection of Tonic Items
31	Group of Vintage Figures
32	Vintage Jolly Golfer Green Decanter Set
33	Collection of Antique Ladies Vanity Items
34	Group of Antique Chinese Stands
35	Group of Chinese & English Objects
36	Jeff & Betsy Penn Collection
37	Group of 6 Antique Knives & Swords
38	(3) Vintage Metal Viking Ships
39	Renee Lalique Ring Handled Vessel
40	(3) Gothic Carvings
41	Group of Antique Asian Objects
42	Antique Asian Scholars Items
43	Group of Antique Accessories
44	Folk Art Rooster
45	Gentlemen’s Smoking Accessories
46	Antique Kitchen Items
47	Group of 5 Antique Chinese Objects
48	Group of African Objects
49	Group of Antique Accessories
50	Group of Pottery
51	Group of Glass & Liquor Bottles
52	Large Collection of Assorted Porcelains
53	Collection of Vintage Salt & Pepper Objects
54	Asian & Venetian Damaged Objects
55	Collection of Vintage Barware
56	Group of Ladies Vanity Items
57	Antique Garden Chair
58	Italian Stone Top Table
59	Globe Furniture Console Table
60	Singer Sewing Machine & Chair
61	Antique Italian 3 Panel Screen
62	(2) Vintage Chairs & Luggage Rack
63	(5) Vintage Game Tables
64	(3) Vintage Frames
65	Vintage Lamp, Fan & Chinese Trash Can
66	Betsy Penn Framed Letter
67	Group of Antique Lamp Shades
68	Group of Vintage Linens
69	Group of Vintage Pillows
70	Group of Vintage Linens
71	Antique Wood Carved Book Ends
72	(4) Vintage Pitchers
73	Group of Vintage Italian Tiles
74	Misc. Asian Objects
75	Group of Continental Antiques
76	Group of Harnesses
77	Group of Antique Misc. Glass
78	Group of Misc. Jars & Fireplace Item
79	Libation Vessel
80	Group of Misc. Antiquities
81	Group of Vintage Porcelains
82	18th Century Style Barometer
83	Box of Assorted Books
84	Box of Vintage Books
85	Box of Vintage Books
86	Box of Vintage Books on Poetry
87	Box of The Masterpiece & The History
88	Large Box of Assorted Books
89	(4) Trays of Books
90	Box of Antique Books
91	(3) Boxes of Books
92	(2) Boxes of Vintage Books
93	(2) Boxes of Antique Books
94	(2) Boxes of Vintage Books
95	(2) Boxes of Vintage Books
96	(2) Decorated Trays
97	Royal Doulton Dinner Service
98	Pair of Cut Glass Candlesticks
99	(2) Chinqua Penn Service Phones
100	(7) Antique Kitchen Molds
101	(2) Large Kitchen Bowls
102	Art Deco Snack Set
103	(3) Pieces of Italian Porcelain
104	Antique Chinese Porcelain Tray
105	Antique Majolica Platter
106	Group of Antique Chinese Objects
107	Antique Chinese Jewelry Chest
108	(2) Chinese Objects
109	Antique Painted Devil Figures
110	Assorted Silver Plate Trays & Flatware
111	Assorted Sterling & Silver Plate Butler Service
112	Assorted Vintage Barware Items
113	(2) Pieces of Black Glass
114	Assorted Venetian Glass
115	Pair of Antique Toleware Candle Molds
116	Assorted Wagoner Cookware
117	Assorted Japanese Objects
118	Assorted Vintage Items
119	Group of Vintage Place Card Holders
120	Korean Scroll
121	Assorted Porcelains
122	Assorted Serving Pieces
123	Assorted Italian Figures
124	Assorted Silver Plate Items
125	Assorted Aluminum Items
126	Group of Latin American Objects
127	(2) Antique Objects
128	Chinese Chess Set
129	Group of Ethnic Objects
130	(4) Vintage Pictures
131	Antique Leather Box
132	(2) Chinese Stands
133	Chinese Oriental Rug
134	Assorted Linens & Prisms
300	Green Trailer Full of Christmas Items
301	Pea Fowl Pen
302	Resting Chinese Dragon Statue
304	Pagoda Cast Stone & Painted Bird Feeder
305	Wooden Bench
306	Iron Patio Table w/ 4 Chairs - Round
307	Iron Patio Table w/ 4 Chairs - Round
308	Iron Patio Table w/ 4 Chairs - Round
309	Iron Patio Table w/ 4 Chairs - Round
310	Art Deco Patio Table & Chairs
311	(2) Side Charis w/ Table
312	(2) Side Chairs w/ Table
313	(2) Side Chairs w/ Table
314	Antique Bistro Bench w/ Scrollwork
315	Fire Pit
317	John Deere 997 ZTrak, SN/DM9975C021
318	John Deere M14 F935, SN/MOF935X180979
319	1997 Club Car, Silver, SN/A9720-572734
320	2005 Club Car, Cream, SN/K053-474476
321	2004 Club Car, SN/AQ0421-396557
322	Contents of Maintenance Shed
2000	Gothic Cabinet
2001	French Arm Chair
2002	Contemporary Game Table
2003	Victorian Sewing Stand
2004	(2) Contemporary Side Chairs
2005	Antique French Planter
2006	Antique Office Chair
2007	Brass Piano Lamp
2008	Set of (4) Art Neuveau Chairs
2009	Needlepoint Rug
2010	Victorian Sofa
2011	Victorian Arm Chair
2012	Antique Continental Arm Chair
2013	Chinese Auboson Rug
2014	Hand Tied Carpet
2015	Antique Library Table
2016	(2) French Provisional Mirrors
2017	Continental Wall Mirror
2018	Contemporary Iron Candle Stand
2019	Italian Table Lamp
2020	Pair of Antique Chinese Lamps
2021	Pair of Italian Lamps
2022	Pair of Contemporary Budior Lamps
2023	(3) Porcelain Budior Lamps
2024	Pair of Cut Glass Budior Lamps
2025	Monumental Porcelain Base
2026	Symphonion Music Box
2027	Framed Contemporary Needlework
2028	Framed Contemporary Needlework
2029	(14) Contemporary Lamp Shades
2030	Pair of Italian Plaques
2031	Framed Needlework
2032	Framed Needlework
2033	Pencil Sketching
2034	Antique Chinese Painting
2035	Original Old English Vase
2036	Framed Needlework of Winter Landscape
2037	Window Seat
2038	Massive Ship Model, 82" W x 81" T
2039	Ship Model of "La Bretgne" 41"W x 37"T
2040	Continental Chandelier
2041	Chinese Curio Cabinet
2042	Pair of Continental Arm Chairs
2043	Antique French Headboard
2044	Framed Needlework
2045	Large Oil Painting of Fowl
2046	Monumental Vietnam & Oil Painting
2047	Important Monumental Satsuma Urn
2048	Louie XV Cabinet
2049	Set of (12) Dining Chairs
2050	Set of (6) Antique French Dining Chairs
2051	Pair of Antique French Candleabra
2052	English Sliver Plate Epergne
2053	Royal Doulton George Washington Jug
2054	English Silver Plate Waiter
2055	Large Silver Epergne
2056	Silver Plate Tray
2057	Pair of Blackmore
2058	Pair of Antique Silver Plate Candleabra
2059	(14) Weighted Sterling Candlesticks
2060	Pair of Gilt Russian Candlesticks
2061	(6) Silver Plate Candlesticks
2062	Pair of English Silver Plate Candlestick
2063	(4) Marble & Brass Candlesticks
2064	Framed Porcelain Plasque
2065	Original Stacey Heller Chinqua Penn Drawing
2066	Pair of Continental Wall Sconces
2067	Contemporary Bronze Structure
2068	Regionancy Silver Plate Candlestick
2069	(6) Pub Style Dining Chairs
2070	Pair of Tall Bronze Candleabra
2071	(9) Piece Capidemonte Table Arrangement
2072	Service for 18 of Spode China
2073	Pressed Glass Punch Bowl & Cups
2074	Service for 8 of Pickard China
2075	Framed Needlework, Wooded Scene in Fall

INSPECTIONS
The items for this General Listed Auction may be viewed at the Greensboro Coliseum on Wednesday and Thursday prior to the auction

CHECKOUT
All items must be removed from the Greensboro Coliseum at the end of the Secondary Auction on Thursday, April 26^th.

TERMS

GENERAL LISTEDAUCTION:

The auctioneers will conduct an auction on Thursday afternoon, April 26, commencing 30 minutes atthe conclusion of the catalogued auction. This auction will include about 100 lots from the Chinqua Penn Plantation, as well as personal property owned by the Phelps family.

The items for this General Listed Auction may be viewed at the Greensboro Coliseum on Wednesday and Thursday prior to the auction. Absentee, telephone, and online bidding for the General Listed Auction will NOT be available. Bidding will be in person, payment made at end of auction, and items must be removed that evening from the Coliseum. The General Listed Auction will also be available via the auctioneers websites for the purpose of on-line preview only.

While registration is required for entry and bidding at the General Listed Auction, the purchase of a catalogue is NOT required. A photocopied listing will be provided to registered bidders for this auction.

TERMS AND CONDITIONS

Terms: No Reserves. All sales subject to the terms and conditions of sale, as here in stated. Payment is due at the end of the auction by Cash, Official Bank Check, Personalor Company Check with a Bank Letter of Guaranteed Payment, Visa, and MasterCard. A 15% Buyer’s Premium will apply to on-site bidders. No items will be released until satisfactory funds are received in Iron Horse Auction Escrow Account. Neither Leland Little Auction & Estate Sales, Ltd. nor Iron Horse Auction Co. Inc. herein after referred to as (auctioneers), nor the CHAPTER 11 TRUSTEE FOR THE UNITED STATES BANKRUPTCY COURT FOR THE MIDDLE DISTRICT OF NORTH CAROLINA WINSTON-SALEM DIVISION, Case 09-50140 in the matter of Renegade Holdings, Inc., et al; herein after referred to as (the seller), will be responsible for the auction items after the end of the auction. These items are being sold ’AS IS, WHERE IS’ with all faults.

Auctioneers reserve the right to put a hold on your credit card account for an amount up to the amount of your bid prior to the end of the auction. Credit card payment will NOT be accepted above $10,000.00 unless prior approval has been made via the auction office.

Any bidder that plans on spending in excess of $100,000.00 should make arrangements with the auction office at least five (5) days in advance of the sale, as a deposit may be required to participate.

The following is a sample of a Bank Letter of Guarantee of Payment:

BANK GUARANTEE FORM

DATE: ________________(BANK LETTERHEAD)

Our bank, (bank’sname), irrevocably will guarantee any checks written to IRON HORSE AUCTION CO.,INC. for the purchase of items at the Auction by (you or your company name)from account number (fill in number) up to the total amount of $______________.

Sincerely,

(Bank Officer’s Name,Title and Phone)

Please note: AUCTIONEERS ARE SELLING THESE ITEMS BY A FEDERAL COURT ORDER. THIS MEANS IF YOU ARE A WINNING BIDDER AND DO NOT PAY ACCORDING TO THE TERMS AND CONDITIONS OF THE AUCTION, YOU ARE SUBJECT TO COURT ACTION BY THE UNITED STATES BANKRUPTCY COURT FOR THE MIDDLE DISTRICT OF NORTH CAROLINA WINSTON-SALEM DIVISION.

Selling by order ofthe United States Bankruptcy Court - Court Ordered Auction - Case # 09-50140,In the matter of Renegade Holdings,Inc. et al.

Conditions: All property offered for sale is strictly ’AS IS, WHERE IS’. All sales are final and no refunds are given. These items have been used; they do have wear and tear and are not perfect. Please inspect all items and bid accordingly. It isthe bidders responsibility to determine the exact condition/authenticity of each item. By bidding, you signify that you have either closely examined theitems, have chosen not to examine them, or have hired an independent agent toexamine the item(s) for you. No sale shall be invalidated by reason of any defect or inaccuracy in any of the lots by reason of their being incorrectly described in the listing or elsewhere and no liability shall be borne by the auctioneers or seller in respect of any such fault or errors. This listing has been prepared only as a guide, but the accuracy there of cannot be guaranteed or warranted by the auctioneers or the seller.

Item ownership is conveyed immediately following the fall of the auctioneer’s hammer. Purchases become the responsibility of, and shall be, and remain at the risk of the purchaser immediately upon acceptance of his/her bid. It shall be the responsibility of the purchaser to insure his/her purchases immediately.

In the event of a tie bid or other dispute between buyers, the auctioneer at its sole discretion may re open the bidding to determine the highest bidder. The auctioneer’s decision is final and absolute. The record of sale shall be maintained by the auctioneer or his designated party and will be taken as final in the event of any dispute. The auctioneer reserves the right to refuse service to any person. No sale/purchase shall be invalidated due to a buyer not winning additional lots.

Bidders acknowledge that any and all cause of action that may arise as a result of this Contract shall be interpreted in accordance with the laws of the THE UNITED STATES OFAMERICA and any action brought there on must be in the UNITED STATES BANKRUPTCY COURT MIDDLE DISTRICT OF NORTH CAROLINA, WINSTON-SALEM DIVISION.

PACKING & SHIPPINGINSTRUCTIONS

The auctioneers do not ship. Packing and shipping is the responsibility of the buyer. Shipping may be arranged with the assistance of the auctioneers by contact prior to or immediately following the date of the auction. Shipping arrangements and costs are the buyer’s sole responsibility.

LOADING & REMOVAL

Removal and loading purchased items is the responsibility of the buyer. No item may be removed from the sale site unless settlement is made in full to the satisfaction of auctioneers. No item will be released without proper ID and proof of paid receipt either by buyer or buyer’s shipping agent. Items not picked-up within 30 days post-sale will be forfeited.

Bidding Increments:

$0 - 500 = 50

$501 - 2000 = 100

$2001 - 5000 = 250

$5001 - 10,000 = 500

$10,000 and above =1000 or auctioneers discretion

The auction will run approximately 70-80 lots per hour.

Attendees are here attheir own risk. Neither the auctioneer nor the seller will be responsible for any accidents, damage, bodily injury ,fire or any other loss what so ever. All risk of loss is with the buyer and the auction attendee’s.

Some property that is sold at auction can be subject to laws governing export from the U.S., such as items that include material from some endangered species. Import restrictions from foreign countries are subject to these same governing laws. Granting of licensing for import or export of goods from local authorities is the sole responsibility of the buyer. Denial or delay of licensing will not constitute cancellation or delay in payment for the total purchase price of these lots.

Iron Horse Auction Company, Inc.

PO Box 1267-Rockingham, NC 28380

800-997-2248 – NCAL 3936

www.ironhorseauction.com

Leland Little Auction & Estate Sales,Ltd.
620 Cornerstone Court
Hillsborough,NC 27278
919-644-1243– NCFL 7452
www.llauctions.com