Page 7 - tn9001
P. 7
the 1990 Auction
5. All bids must be in even dollar amounts (no cents). Any bid which includes cents will be automatically
disqualified.
6. The bid boards will be closed approximately at the times stated in the catalog. However. the official closing
will be that time when the Boys & Girls Clubs official actually removes the bid sheet from the board.
7. In the event that bidding is still in process when the Boys & Girls Clubs official attempts to close the board, the
Official shall conduct a mini-live auction on the spot, allowing all persons wishing to bid to do so and shall
determine the winning bidder, subject to Rule 8 below.
8. After the bidboard is closed, the bid sheets will be taken to the item verification table. At this time the validity
of all bids will be established (bid number, even dollar bids, minimum increases, etc.) The highest valid bid will
be declared the winner and the decision of the official will be final. Shortly after the board is closed, an official
shall post the bid number of the winning bidder on the board.
IMPORTANT (read carefully) GENERAL RULES
1. The Boys & Girls Clubs requires that all prizes be paid for in full at the auction. Payment may be made
by cash, check, Visa or MasterCard.
2. Unless otherwise specified, all auction items and services must be used within one year from June 9,
1990. Unless otherwise specified or stated by donor, all items are transferable from the winner to
another person.
3. According to the Internal Revenue Service, only the amount paid for an auction item "in excess of
the actual cash value of that item" is tax deductible. A written receipt indicating such an amount for
tax purposes will be issued to you after the auction at your request.
4. All sales are final. For our guests' protection the Boys & Girls Clubs recommends winning bidders of
live auction trips purchase trip cancellation insurance to protect their investment. The Club cannot
refund monies for trips which the buyer must cancel due to illness or other personal emergencies.
However, the Boys & Girls Clubs will refund the full purchase price of any item where there is a failure
of performance either on the part of the Boys & Girls Clubs or on the part of the donor. Trip
cancellation insurance is recommended for parties purchasing trips.
5. Prior to leaving the auction, all bidders should go through "checkout" to verify their winning
purchases. All winning bidders are to report to the cashier's table to pay for the items and to claim
their prizes. Any bidder not making arrangements for payment at the cashier's table by the end of
the evening may, at the discretion of the Boys & Girls Clubs, forfeit his right to purchase the item and
it will be made available to the next highest bidder.
6. All items should be removed from the premises on the night of the auction. In the event you cannot
remove your purchases that evening, you must do so between 10 a .m. and 2 p.m. on SUnday, June
10, 1990.
5