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Thursday, May 22 2003 10:00 AM
Progressive Mining • Brown City, Michigan

Complete Liquidation
By order of secured party

NOTICE:  By Order of Secured Parties, Banc One Leasing Corp and Bank One N.A., the assets formerly operated by Progressive Mining Corp. will be sold at absolute auction. All items will be sold free and clear of all liens and encumbrances to the highest bidder regardless of price!
SALES TAX: : In accordance with Rule 205.13, the State of Michigan considers this transaction an isolated sale and does not require the auction company to collect sales tax.
REMOVAL: After complete payment, all sale items may be removed on sale day as long as the removal activity is not disruptive to the sale and only until 5:00 p.m. Items may also be removed Friday, May 23, and Tuesday, May 27, thru Thursday, May 29, from 8:00 a.m. until 5:00 p.m. All items must be removed no later than Thursday, May 29, 2003 at 5:00 p.m. The auction site will be closed for Memorial Day weekend, Saturday thru Monday, May 24 thru May 26.
SPECIAL REMOVAL NOTE: This property has been sold and the new owners will take possession June 1, 2003. It is imperative that all items are removed within the timeframe indicated above. Please make the necessary arrangements while considering the holiday weekend.
PA. AUCTION LICENSE NO.: AY000281

Lot #
Price Description

1

$32,000.00

CATERPILLAR Model 980C Rubber Tired Loader, s/n 13B00379, powered by Cat 3406 diesel engine and powershift transmission, equipped with general purpose loader bucket with teeth, rear bumper counterweight, ROPS over enclosed cab with heat and air conditioning, light package, and 26.5R25 tires. In fair to good condition with fair to good tires.

     

2

$50,000.00

1987 CATERPILLAR Model 988B Rubber Tired Loader, s/n 50W08234, powered by Cat 3408 diesel engine and powershift transmission, equipped with general purpose loader bucket with bolt-on cutting edge, rear bumper counterweight, ROPS over enclosed cab with heat and air conditioning, light package, and 35/65-33 tires. In good condition with good tires. (Reserved For Use During Loadout)

     

3

$33,000.00

1992 CATERPILLAR Model 988B Rubber Tired Loader, s/n 50W11469, powered by Cat diesel engine and powershift transmission, equipped with general purpose loader bucket with bolt-on cutting edge, fast fuel, rear bumper counterweight, ROPS over enclosed cab with heat and air conditioning, light package, and 35/65-33 tires. (Missing Engine)

     

3A

$1,500.00

Cat 3408 Diesel Engine, s/n 48W34633, with torque converter (Not Running)

     

4

$35,000.00

1996 SUMITOMO Model SH450LHD Hydraulic Excavator, s/n 450L2-1147, powered by Mitsubishi diesel engine and hydraulic drive, equipped with 13' dipper stick, 60" digging bucket, heat and air conditioning, 18' crawlers, and 24" TBG pads. In good condition with good undercarriage.

     

5

$36,000.00

1994 CATERPILLAR Model D30D, 4x4, 30 Ton End Dump, s/n 3AJ00319, powered by Cat 3306B diesel engine and powershift transmission, equipped with bedliners, light package, and 29.5R25 tires. In fair to good condition with fair to good tires.

     

6

$37,000.00

1990 CATERPILLAR Model D400D, 6x6, 40 Ton End Dump, s/n 8TF00222, powered by Cat 3406B diesel engine and powershift transmission, equipped with bedliners, light package, and 26.5R25 tires. In fair condition with fair tires. (Missing Suspension Cylinder)

     

7

$8,250.00

FIAT ALLIS Model 21C Crawler Tractor, s/n 71A21977, powered by Allis Chalmers diesel engine and powershift transmission, equipped with semi-U blade with tilt, 2-barrel 3-shank ripper, enclosed ROPS cab with heat and air conditioning, light package, and 26" SBG pads. In fair to good condition with fair to good undercarriage. (Bad Engine)

     

8

$60,000.00

1998 FINLAY Model 390 Portable Screening Plant, s/n FG481691, powered by Deutz diesel engine, equipped with 5'x14' feed hopper with hydraulic grizzly and 40" belt feeder, 39"x40' feed belt with catwalk and rock guards, 5'x10' double deck vibrating screen, hydraulic raise and lower, mounted on tandem axle carrier, with 235/75R17.5 tires. In good condition with good tires.

     

9

$32,000.00

1998 GATOR Model PEX-1039, 25-75 TPH Portable Jaw Crusher, s/n GTJC2510-033, powered by John Deere 4 cylinder diesel engine with Rockford PTO, equipped with 10"x39" feed opening, 3/4"x3" discharge range, 8" maximum feed, 350 RPM eccentric shaft speed, 36"x33' discharge belt, mounted on single axle carrier, with 11x22.5 tires. In good condition with good tires.

     

10

$17,000.00

1999 GATOR Model PSST3625 Fine Material Washer, s/n GTSST3625-005, equipped with (2) 36"x25' sand screws, powered by 15HP electric motors with fluid gear drive, rated at 200 TPH, 3/8" maximum material size, and 21 RPM screw speed. In good condition.

     

11

$8,000.00

TYLER TY-ROCKET Model R1206X, 6'x16' Double Deck Skid Mounted Vibratory Screen/Wash Plant, s/n 502382, powered by Delco 25HP electric motor with belt drive, equipped with water system with (10) upper and (10) lower 1.5" spray bars, and bottom hopper with catch belt and sand discharge pipe. In fair to good condition.

     

12

$12,000.00

1997 SUPERIOR Model QT60, 36"x60' Lattice Type Radial Stacking Conveyor, s/n 2597, powered by US Electric 20HP electric motor and Dodge TXT5 gear reducer, equipped with manual raise and lower, manual angle wheels, pintle hitch, belt scraper, and 11x22.5 tires. In good condition with good tires.

     

13

$12,000.00

1997 SUPERIOR Model QT60, 36"x60' Lattice Type Radial Stacking Conveyor, s/n 2598, powered by US Electric 20HP electric motor and Dodge TXT5 gear reducer, equipped with manual raise and lower, manual angle wheels, pintle hitch, belt scraper, and 11x22.5 tires. In good condition with good tires.

     

14

$12,000.00

1997 SUPERIOR Model QT60, 36"x60' Lattice Type Radial Stacking Conveyor, s/n 2599, powered by US Electric 20HP electric motor and Dodge TXT5 gear reducer, equipped with manual raise and lower, manual angle wheels, pintle hitch, belt scraper, and 11x22.5 tires. In good condition with good tires.

     

15

$12,000.00

1997 SUPERIOR Model QT60, 36"x60' Lattice Type Radial Stacking Conveyor, s/n 2600, powered by US Electric 20HP electric motor and Dodge TXT5 gear reducer, equipped with manual raise and lower, manual angle wheels, pintle hitch, belt scraper, and 11x22.5 tires. In good condition with good tires.

     

16

$12,000.00

1997 FINLAY Model 524, 24"x50' Radial Stacking Conveyor, s/n FA471779, equipped with hydraulic raise and lower, hydraulic belt drive, rock guards, manual angle wheels, pintle hitch, and 12.5/80-15.3 tires. In good condition with good tires.

     

17

$11,000.00

1997 FINLAY Model 530, 30"x50' Radial Stacking Conveyor, s/n FW471936, equipped with hydraulic raise and lower, hydraulic belt drive, rock guards, manual angle wheels, pintle hitch, and 12.5/80x15.3 tires. In good condition with good tires. (Drive Motor Removed)

     

17A

$100.00

(2) Swivel Plates

     

17B

$125.00

Screen Fabric

     

17C

$125.00

Screen Fabric

     

17D

$50.00

Belt, Motor, and Side Panels

     

18

$14,000.00

DELCO Model E7078M5, 250 KW Skid Mounted Generator, s/n 44-M-75, powered by Detroit 12V71 diesel engine, equipped with 312.5 KVA, 3-phase, 416/480 volt, 250 gallon fuel tank, switch gear, MGM 30 KVA 3-phase dry transformer, (4) 6-gang push button controls, panel box, mounted in 24' single axle trailer, with roll-up rear door, curb side door, and 10.00x20 tires. In fair to good condition with fair tires. (All Electric Conductors Stay With Generator) (No Title)

     

19

$100.00

FRUEHAUF Model FCALC1553, 40' Tandem Axle Storage Trailer, VIN# MF-19051, equipped with 43,000# GVWR, fixed tandems, swing rear door, curb side door, and 9.00x20 tires. In fair condition with poor to fair tires. (No Title)

     

20

$20.00

GMC Model C-35 Single Axle Flatbed Truck, VIN# TCL339V600345, powered by 8 cylinder gas engine and 4 speed transmission, equipped with 10' wood flatbed, diamond plate crossbox, and 7.50-16 tires. In poor condition with poor tires. (Engine Missing Parts) (No Title)

 
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