2,850.9 Mineral Acres of Mineral Rights (Bossier Parish, Louisiana)
Tract 30
A tract or parcel of land being Lots 8 and 9 (S1/2 of NE 1/4) and the SE 1/4 in Section 21; all of
Section 22; all of Section 23; Lots 1, 2, 6 and 7 (the NE 1/4), Section 26 and all of Section _7 except
Lot 6, all in Township 20 North, Range 11 West of the Louisiana Meridian (North Western District),
in the Parish of Bossier, State of Louisiana, containing 248.0 acres, more or less, in Section 21;
640.0 acres, more or less, in Section 22; 641 acres more or less, in Section 23; 162.0 acres, more or
less in Section 26; and 594.0 acres, more or less in Section 27, making a total of 2,285.00 acres,
more or less.
Tract 34
A tract or parcel of land lying and being situated in Lots 1 and 2 of Section 21, Township 20 North,
Range 11 West of the Louisiana Meridian (North Western District) in the Parish of Bossier, State
of Louisiana, more particularly described as follows:
Beginning at an iron rod that marks the northwest corner of Section 21, Township 20 North, Range
11 West, run thence with the north boundary of Section 21 as follows: S. 89°18 E., 1,367 feet to a
point, thence S. 89°18' E., 2,333 feet to a point, thence S. 57°51' W., 1,145.8 feet to a point, thence
S. 57°51' W., 1,621 feet to a point, thence N. 42°00' W., 2,040 feet to the point of beginning,
containing 63.9 acres, more or less.
Tract 49
A tract or parcel of land being Lots 2, 4, 5, 6, 7 and 11 of Section 14; and Lots 4, 7, 9, 10, 11, 15 and
16 of Section 11; all in Township 20 North, Range 11 West of the Louisiana Meridian (North
Western District), Parish of Bossier, State of Louisiana, and more particularly described as follows:
Beginning at an iron rod , the corner common to Sections 14, 15, 10 and 11, T. 20 N., R. 11 W.;
thence, along the North line of Section 14, N. 86°16' E., 1317 feet to a point; thence, S. 00°34' W.,
1334 feet to a point; thence, N. 86°39' E., 1316 feet to a point on the East line of the NW1/4 Section
14; thence, along said East line NW1/4 Section 14, N. 00°38' E., 1343 feet to a point on the North
line of Section 14; thence, N. 00°30' E., 1367 feet to a point; thence, S. 85°20' W., 1320 feet to a
point; thence, N. 00°30' E., 4038 feet to a point on the North line of Section 11; thence, along said
North line Section 11, N. 82°34' E., 1326 feet to an iron rod; thence, S. 00°30' W., 2734 feet to a
point; thence, N. 89°19' E., 1743 feet to a point; thence, S. 22°43' E., 2261.7 feet to a point on the
East line of Section 11; thence, along said East line Section 11, S. 00°32' W., 528 feet to a point
which is the corner common to Sections 11, 12, 13 and 14; thence, along the North line of Section
14, S. 86°16' W., 1318 feet to a point; thence, S. 00°42' W., 2704 feet to a point on the South line
of the N1/2 Section 14; thence along said South line N1/2 Section 14, S. 87°02' W., 1313 feet to a
point on the East line of the NW1/4 of Section 14; thence, S. 00°30' W., 1343 feet to a point; thence,
S. 87°25' W., 1313 feet to a point; thence, N. 00°30' E., 1334 feet to a point on the South line N1/2
Section 14, thence, along said South line N1/2 Section 14, S. 87°02' W., 1313 feet to a point on the
West line Section 14; thence, along said West line Section 14, N. 00°30' E., 2650 feet to the point of
beginning; containing 242.0 acres, more or less, in Section 14, and 260.0 acres, more or less, in
Section 11; making a total of 502.0 acres, more or less
We have been commissioned by the Trustees of Bellvue Land Company to auction off their mineral rights on approximately 2,850 mineral acres (+/-) located in Bossier Parish, Louisiana to the highest bidder. We have been advised by the Trustee that the acreage is not under lease or in current production.
BIDDER TERMS AND CONDITIONS:
This is a Binding Agreement by and between the Bidder and Danny Lawler Enterprises, LLC doing business as Lawler Auction Company, a limited liability company doing business at 4813 Hazel Jones Road, Bossier City, Louisiana 71111 (Further from time to time referred to as “Auctioneer” or “LAWLER”).
Whereas, Bidder has solicited to participate in auctions conducted by LAWLER or an affiliated auctioneer, and therefore the Bidder agrees to be bound by the terms and conditions set forth by Auctioneer before placing a bid on any item. This agreement shall govern the terms of all auctions conducted by LAWLER, including both online only internet auctions as well as live onsite auctions.
IT IS HEREBY AGREED THAT:
1. Upon placing a bid by the Bidder, either online through the internet or live in person, the Bidder enters into a binding agreement with the Auctioneer, and agrees to these terms and conditions as well as any other terms and conditions that may apply to each specific auction, which are posted on the internet bidding platform.
2. Bidder acknowledges that there is a 10% Buyer’s Premium on all items that will be added to the winning bid amount.
3. Location of items. LAWLER conducts auctions for items located throughout the USA, therefore it is the duty of the Bidder to carefully check the location of the items being sold before placing a bid, and to make sure the Bidder will be able to pick up the item(s) from the location that they are located at on pickup day.
4. Special terms and conditions may vary from auction to auction, depending on the location of the auction, the type of auction, etc. It is the duty of the Bidder to carefully read over the terms and conditions of each auction before placing a bid, as those terms and conditions are just as binding as the terms and conditions on this agreement. Each individual auction may have different buyer’s premiums, pickup times, inspection times, etc., and it is essential that the Bidder carefully read those terms and agree before placing a bid.
5. Most internet only auctions will be set up to begin to close, beginning with Lot # 1, and with each lot closing about 10 seconds behind the other. However if a last minute bid is placed, the system may extend the bidding out for about two minutes every time a bid is placed, giving other bidders an opportunity to increase their bids. It is strongly recommended that Bidder be at a computer with good internet when the auction begins to close, and make sure that the screen is refreshing routinely. Smartphones and tablets often do not refresh the screens, therefore Bidder may loose out on a chance to increase the bid. Bidder can also prevent this from happening by placing their MAX (maximum) bid, and then the system will bid in increments up to the Bidder’s maximum bid amounts. Tie Max bids will go to the person who placed their max bid first. For example, lets say a bidder is willing to bid $5,000 on a car, but the bidding is currently at $1,500. You would place your bid of $5,000, and then the system will automatically insert a bid on the Bidder’s behalf in increments up to $5,000, meaning the Bidder will not necessarily pay the full $5,000 unless another person bids. If when placing a max bid, the Bidder notices that they are instantly outbid, that means someone else has already placed a maximum bid for that amount or higher.
6. Auctions are not for everyone. There are risks associated with buying through any auction. Any bidder expecting a warranty or guarantee of any kind whatsoever should not bid on an item.
7. All items are sold “as is” where is without warranty or guarantee of any kind whatsoever. Bidder agrees to accept all items with all of their faults regardless of whether that fault was declared or described in advance by any party. Therefore Bidder agrees to accept all items “as is” without warranty or guarantee of any kind whatsoever, together with all faults and flaws.
8. It is the sole duty of the Bidder to inspect all items carefully before placing a bid. Failure to inspect items is at the risk of the Bidder.
9. A deposit in the amount of $10,000 wired to Lawler Auction Company or delivered by certified funds within 24 hours of the auction date is required. The balance will be due at closing, not to exceed thirty (30) days from the auction date.
11. A $200 authorization may be placed on the Bidder’s credit card upon registering for any auction, which shall act as a deposit. This is not a charge and will be returned to the Bidder by the Bidder’s bank or credit card company. However, in the event that the Bidder wins a bid and fails to pay for the item by 11:00am the following day, or in the event that a credit card is declined upon processing an invoice payment on winning bids, the Auctioneer will initiate the authorization by completing it as a charge, and that deposit will be forfeited to the Auctioneer as partial payment to the administrative charge as outlined below.
12. In the event of payment failure and credit card declines, and Auctioneer is unable to reach the Bidder immediately, the Auctioneer reserves the right to sell any item to the second place or subsequent bidder without delay or the need to contact the winning Bidder. In such an event, the initial winning Bidder will become liable for a minimum $1,000 administrative fee payable to the Auctioneer, and in such event the winning Bidder will be banned from participation in any future auctions and will be permanently banned. In the event that the administrative fee is not collected or paid within 30 days, the debt will be placed with a collection agency and Bidder agrees to pay all collection costs, including but not limited to attorney fees, court costs, and interest. The Auctioneer is authorized to charge the administrative fees to the credit card on file at anytime.
13. In the event of a credit card or debit card transaction as authorized by this agreement, the Bidder agrees to waive any warranty rights under his/her credit card agreements and declares that all items are purchased “as is” without warranty or guarantee. Furthermore, all credit card purchases are final and Bidder agrees not to disallow or dispute any credit card charges. In the event that there is a chargeback or dispute, an administrative charge of $5,000 or 25%, whichever is greater will be immediately due and payable to Auctioneer for handling the dispute or chargeback.
14. The mineral rights shall be sold "Times The Money." Therefore since there are 2850.9 mineral acres, the bid amount will be multiplied by 2,850.9. For example, if the bid amount is $10, the bid will be multiplied by 2,850.9 acres ($100 X 2,850.9 = $285,090.00).
19. The Auctioneer is acting as the Agent for the Seller. The Auctioneer, Lawler Auction Company, its employees, and subcontractors are acting as the “Agent” for the seller. Any disputes over titles or other ownership provisions is between the Buyer and the Seller. Buyer agrees to hold harmless and indemnify the Auctioneer, Lawler Auction Co., its employees, subcontractors, its agents, and employees from any claims or damages which might result from any auction. It is the sole responsibility of the Buyer to have conducted prior inspection of the Seller’s rights to sell, to inspect UCC filings (if any) on the equipment to be auctioned, and to inspect the ownership records of said equipment.
20. In most cases, items are consigned to the auction without a reserve, however some items may be consigned to the auction with secret reserves placed by the Seller upon consigning the item(s) to the Auction. In such a case, the Auctioneer will not be able to sell the item to the winning bidder unless it meets or exceeds the reserve amount.
21. Auctioneer’s intent to bid. In accordance with Louisiana Law, LSA-R.S. 37:3130 the Auctioneer reserves the right to bid on behalf of other parties placing absentee bids, internet bids, or reserve bids, including but not limited to bids from banks, sellers, or other consignors to protect their interest.
22. Auctioneer may ban any Bidder for any reason (or no reason), including but not limited to non-payment, failure to abide by terms and conditions, becoming argumentative or difficult with staff, etc.
24. Bidder is solely responsible for the creation and use of the Bidder’s username and password upon setting up a user account on the Auctioneer’s bidding platform, and agrees to be legally bound in accordance with this contract to all bids placed using the Bidder’s username and password.
25. All internet only auctions are conducted from Auctioneer’s offices in Bossier City, Louisiana, and all transactions are conducted from the Auctioneer’s Bossier City, Louisiana location, regardless of where the assets are located. All auctions are conducted subject to Louisiana law at all times.
Bidder hereby agrees to the terms and conditions of this blanket auction agreement and agrees to abide by any other terms and conditions for specific auctions that may be posted on the Auctioneer’s website for specific auctions.
Bossier City, Louisiana 71111
United States
N/A