Posted by NY 986 on November 06, 2017 at 14:42:44 from (184.53.49.17):
I was looking at the most recent edition of a regional farm paper. I saw an ad concerning farm real estate which was described as selling in an auction setting. Upon reading the terms the sale certainly was not in the context of a normal auction which would imply the ability to make counter bids. Bids have to be turned in ahead of the "auction" date which would in turn allow a "bidder" to be present upon the day of the "auction." I guess I would have no issue if the seller put their conditions in plain terms. It really sounds like they are seeking sealed bids that would be revealed upon the day that the sale is to take place. The party with the highest bid would be entitled to make the purchase pending seller approval which is listed among the sale terms. Further, the seller retains the right to reject all bids which requires no explanation of itself. It sounds like the whole process here is a big tease with no assurance a bidder has a sure chance to purchase anything.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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