Lot # : 21 - American Derringer Corp.

Terms and Conditions: All items sold "as is where is" without warranty expressed or implied. Statements made the day of sale supercede all printed material. All purchases must be paid for on auction day unless doing an absentee bid. Method of payment: cash: cashiers check; local company/personal check approved by auction company. Also Visa, Mastercard With A 5% Courtesy Fee. Sales tax will be collected unless a valid resale certificate is completed and on file with us. Once the auctioneer indicates an item is sold to a bidder (by identification of the bidder number); a verbal contract is consummated and liability for the item(s), including responsibility for payment rests with the bidder. In the event of a "tie bid" the auctioneer may reopen the bidding process between those tie bidders only to determine the highest bidder for that lot. Merchandise should be removed from auction premises no later than two days after an auction is complete to avoid a storage charge of $3.50 per lot, per day. Shipping and/or freight can be arranged at purchaser's expense. C.M. Company Auctions, is regulated by the Texas Department of Licensing and Regulation. Gregory ChittumTexas License #13963. 1. ALL SALES ARE FINAL! 2. EVERYTHING IS SOLD AS IS WITH NO WARRANTY. 3. FULL PAYMENT IS DUE SAME DAY AS PURCHASES! WE WILL ACCEPT CASH, CHECK WITH PROPER ID, WIRE TRANSFER, OR CREDIT CARD WITH A 5% COURTESY FEE. 4. MUST PAY TT&L ON ALL TITLED VEHICLES. 5. $150.00 BUYER'S FEE WILL BE CHARGED ON ALL TITLED VEHICLES. 6. DRIVERS LICENSE AND PROOF OF INSURANCE REQUIRED ON ALL VEHICLE PURCHASES. 7. ALL PURCHASES MUST BE PICKED UP BY 5:00 PM 11/30/09. 8. NO EXCEPTIONS FOR ANYONE FOR ANY REASON. ALL SALES ARE FINAL!!! ONLINE INTERNET BIDDING TERMS AND CONDITIONS 15% Buyers fee on all items. All items must be paid for within 48 hours with no exceptions. If you can't make that deadline please make other arrangements. If you can't make it to pick up your items on time please call. Terms of the sale are cash, check, wire transfer, Master Card, or Visa 5% convenience fee for credit cards. All items must be paid for within 3 days of auction end with no exceptions. All Texas 8.25% sales tax laws applies. All Items sold as is with no warranty. Please inspect before you bid and buy. Online Auction Bid Increments: $25 And under $1.00 $26 - $50 - $.2.50 $51 - $100 - $5.00 $101 - $500 - $10.00 $501 - $1,000 - $25.00 $1,001 - $2,500 - $50.00 $2,501 - $5,000 - $75.00 $5,001 - $7,500 - $100.00 $7,501 - $10,000 - $150.00 $10,001 - & up - $250.00 C. M. Company Auctions can approve or deny bidders at our discretion. We reserve the right to accept or deny bidders for any reason. Prior to approval C. M. Company Auctions may contact you to determine your credit worthiness. If we approve your bid, then we will process your bid in accordance with our terms and conditions. By placing a bid you are entering into a legally binding and enforceable contract. Please keep in mind that you are bidding against other Internet Proxy bidders as well as floor bidders, (this list does not constitute a complete list of bidder types but does highlight the common bidder channels). In consideration of your use of C. M. Company Auctions Proxy Bid Service, you agree to: (a) provide true, accurate, current and complete information about yourself as prompted by our registration form (such information being the "Bidder Information") and (b) maintain and promptly update the Registration Data to keep it true, accurate, current and complete. If you provide any information that is untrue, inaccurate, not current or incomplete, or C. M. Company Auctions has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, C .M. Company Auctions has the right to suspend or terminate your account and refuse any and all current or future use of the Service (or any portion thereof). C. M. Company Auctions reserves the right to change or amend these policies and procedures as needed, at any time and also the right to interpret these policies and procedures and to decide all issues of dispute concerning the same, which decision shall be final and binding. All information obtained by C. M. Company Auctions is held in the strictest of confidence. We will not share or sell any information to a third-party. Announcements Sale Day supersede any and all previously published or oral information released prior to the sale.