MARVIN MANDEL, Governor                                 219

and addresses used by the transferor within three years
last past so far as known to the transferee; and

(c) Whether or not all the debts of the
transferor are to be paid in full as they fall due as a
result of the transaction, and if so, the address to
which creditors should send their bills.

(2)    If the debts of the transferor are not to be
paid in fall as they fall due or if the transferee is in
doubt on that point then the notice shall state further:

(a)   The location and general description of
the property to be transferred and the estimated total of
the transferor's debts;

(b)     The address where the schedule of
property and list of creditors (§ 6—104) may be
inspected;

(c) Whether the transfer is to pay existing
debts and if so the amount of such debts and to whom
owing;

(d) Whether the transfer is for new
consideration and if so the amount of such consideration
and the time and place of payment; and

(e) If for new consideration the time and
place where creditors of the transferor are to file their
claims.

(3)   The notice in any case shall be delivered
personally or seat by registered or certified mail to all
the persons shown on the list of creditors furnished by
the transferor (§ 6—104) and to all other persons who are
known to the transferee to hold or assert claims against
the transferor.

6—108. Auction sales; "auctioneer."

(1)    A bulk transfer is subject to this [subtitle]
TITLE even though it is by sale at auction, but only in
the manner and with the results stated in this section.

(2)    The transferor shall furnish a list of his
creditors and assist in the preparation of a schedule of
the property to be sold, both prepared as before stated
(§ 6-104).

(3)   The person or persons other than the transferor
who direct, control or are responsible for the auction
are collectively called the "auctioneer." The auctioneer
shall: