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Dear Bidders,

Turn Key Tooling & Design, a precision CNC & Conventional Machine Shop located in Lincoln, Nebraska has closed its doors forever. Stone Auctioneers and Appraisers  has been contracted to conduct the public auction sell-out.

Date: Thursday, March 4, 2010
Starts: 10:30 AM CST
Address: 3107 South 6th, Lincoln, Nebraska

Inspection: Wednesday, March 3, from 9AM To 4 PM

Thank you for your interest, please call our staff at 205 373 1130 or me personally at 662 574 0318 with any questions you may have.

Thank You,

Mike Stone, Auctioneer / Realtor
CAI, AARE, GPPA, CAGA

CNC Machining:
2003, Okuma Vertical Machining Center, Mdl ES-V4020, X = 40”, Y = 20”, Z = 20”, #40 Taper Spindle, 20-position Tool Changer, Okuma OSP-U10M Controller, SN 1030

CNC Turning:
2000, Okuma CNC Turning Center, Mdl Crown L1060, 21.65” Swing, Z= 20.47”, 3.15” Spindle Bore, 22 HP, 12-position Turret, Okuma OSP-U10L Controller, Kitasawa 10” Chuck and Chip Conveyor, SN 1103 1470

Bar Feed:
2000, SMW Bar Feed, Mdl Space Saver 2100, ¼” – 3” Dia. Range, 5’ Max Length, Multiple Bar Top Feed, Bar Feed Accuracy +/- .004

Surface Grinder:
Kent Surface Grinder, Mdl SGS1020 AHD, Chuck Size 20” x 40”, 8” Wheel Diameter, 2 HP Motor, Hyd. Controls, Creep Feed Capale, Built-In Diamond Dresser, Flood Coolant, SN uk, 1998

Milling Machines:
Kent Vertical Milling Machine, Mdl 3VKH, CNC Controls, VS, 3-Axis DRO, X = 30”, Y = 12”, R-8 Spindle, 5” Spindle Travel, 16” Max Table to Spindle, 3 HP, w/ Mitutoyo “Mill Star” 2-Axis Servo , SN 867091, 1997

Kent Vertical Milling Machine, Mdl 5VK (Series 2), VS, 2-Axis DRO, X = 36”, Y = 16”, #40 Taper Spindle, 6” Spindle Travel, 24” Max Table to Spindle, 5 HP, FAGOR, Power Feed @ X, SN 867096, 1998

Kent Vertical Milling Machine, Mdl 3VKH, VS, 2-Axis DRO, X = 30”, Y = 12”, R-8 Spindle, 5” Spindle Travel, 16” Max Table to Spindle, 3 HP, FAGOR, Power Feed @ X, Power Draw Bar, SN 867095, 1998

Kent Vertical Milling Machine, Mdl KTM-3VKE, AC Variable Frequency, 2-Axis DRO, X = 30”, Y = 12”, R-8 Spindle, 5” Spindle Travel, 16” Max Table to Spindle, 3 HP, FAGOR, Power Feed @ X, Power Draw Bar, SN 929841, 2000

Kent Vertical Milling Machine, Mdl KTM-3VKE, AC Variable Frequency, 2-Axis DRO, X = 30”, Y = 12”, R-8 Spindle, 5” Spindle Travel, 16” Max Table to Spindle, 3 HP, FAGOR, Power Feed @ X, Power Draw Bar, SN 888105, 1999

Bandsaws:
Marvel Mitering Vertical Automatic Bandsaw, Mdl Series 8, Mark II, Horz. Cap. 18”, Vert. Cap., 22”, Vert. Cap. @ 45 deg. 12.5”, 1” x 14’6” Blade Size, 21” Max Vise Opening, 2 HP, 3-Phase Motor, Manual & Auto Feed, SN uk, 2003

Tannewitz Vertical Bandsaw, Mdl TR2014, 20” Throat Depth, 14 1/8” Work Height, 1/8 -1” Blade Width, 15 deg. Table Tilt, 2 HP, 3-Phase, 4 spd Transmission, Adj. Work Guide, SN 20114, 2003

Clausing Horizontal Bandsaw, Mdl C225W, 9” round cap., 7” x 16” rectangle cap., 11’ x 1” x .035” Blade Size, SN 870604,1998

Lathe:
San Yuen Gap Bed Lathe, Mdl SAG1850HS, 9” Swing, 40” Bed, 2” Spindle Bore, 1 HP, 3-Phase, SN 6144, 1979

Brake:
Baleigh Finger Brake, Mdl BB4812, 48”, 12 Ga, SN 31201, 2007

Shear:
Baleigh Hydraulic Shear, Mdl SHP5210, 52" , 10 Ga, SN 48394, 2007                          

Air Compressor:
Puma Air Compressor, Mdl TK100120M3, 10 HP, 3-phase, 175 PSI, 31 CFM, 125 gal. tank, 2003

Welders:
Miller Mig Welder, Mdl Millermatic 250, 1998
Miller Tig Welder, Mdl Syncrowave 250, 1998

Plasma:
Thermal Dynamics Plasma Torch, Mdl Cutmaster 38, 2004

Forklift:
Hyster Forklift, Mdl S50XM, 5,000 lb. cap., ST, LP Gas, SS, 3-stage mast, SN D187V03963T, 1996

Shop Support:
Sand Blast Cabinet
Banding Machine
Milwaukee Magnetic Drill
Machine Tooling
H-Frame Press
Chucks
Vises
Perishable Tooling
Drill Presses
Pedestal Grinders
Shop Tables
Shop Carts
Metal Shelves
Material Inventory
Metal Cabinets
Hardware Bins & Contents
Hand & Power Tools

QC Equipment:
Optical Comparator
Calipers
Mics
Gauges

Office Furniture & Equipment:
Computers
Desks
Chairs
Conference Table

SETTLEMENT: The United States and State Laws
for failure to pay shall apply. The buyer agrees to
make agreed settlement on sale day during or
immediately after the auction in U.S. currency,
bank-certified U.S. funds, or company check with
bank letter of authorization. Here’s how your letter
should read: (Customer Name) is a customer of this
bank. This bank guarantees for a period of ten
banking days from (sale date) unconditional
payment of their company check made payable to
Stone Auctioneers & Appraisers in the amount of
$_____. In default of payment and or property not
removed within the specified time, the auctioneer,
in addition to all other remedies allowed by law, will
retain all monies received and resell the property at
public sale without further notice. Any deficiency,
including expenses of resale, will be charged to the
defaulting bidder.

BUYER’S PREMIUMS: A 12% buyer’s premium will
apply. These premiums will be added to every
purchase to make up the sale total.

REGISTRATION: Buyers represent and warrant that
this registration is made for the buyer alone and not
on behalf of any other person. The auctioneer
reserves the right to revoke any bidder card and eject
any person at any time.

INSPECTION: The buyer agrees to physically inspect
the property and to rely exclusively upon this
inspection in order to bid or purchase at the sale.

MEMORANDA OF SALE: The record of sale kept by
the auctioneer or bookkeeper must be taken by the
bidder or buyer as absolute and final in all disputes.

NO WARRANTIES: All property is sold “as-is,
where-is” with all faults. There are no warranties,
representations or guarantees as to quality, character
or condition of the property. The implied warranty of
merchantability is expressly disclaimed. Auction
buyers shall not be entitled to any adjustments or
allowance, rescission, damages or any remedy or
claim as to quality, character or condition of any
property purchased by the bidders.

ACCESSORIES: All tooling and accessories will
be sold separate from the equipment unless
otherwise stated.

RISK OF LOSS: The auctioneer and seller are not
responsible for any lost, damaged or stolen property,
of any kind, regardless of circumstance. The buyer
assumes delivery, full responsibility and accepts all
risk of loss for any property purchased from the time
the auctioneer accepts the buyer’s bid regardless of
the check out or closing process.

THEFT: The theft of any property should be reported
to the local police. It is the right of all auction buyers
to prosecute anyone caught stealing to the fullest
extent of the law.

CHECK OUT & REMOVAL: The buyer has no
right of abandonment whatsoever. The buyer agrees to
remove all purchased property from the auction site
within the specified time announced or posted in the
auction catalog. Property not removed within the
time specified will be resold or disposed of by the
auctioneer or seller without additional notice and in
addition to all other remedies allowed by law, the
auctioneer will retain all monies received and add any
deficiency or expense associated with resale or
disposal of the property to the defaulting buyer.
Riggers, movers, electricians or anyone working as
such must provide the auctioneer with proof of
insurance. The coverage must be at a level acceptable
to the auctioneer and seller. All removal expenses and
the repair of damages caused by removal are at the
risk and expense of the buyer and or their agent
unless otherwise stated on the auction invoice.

AUCTION SITE: Buyer acknowledges that the auction
site is a potentially dangerous place. Every person
attending the auction sale at all times shall be there at
their own risk, with notice of the conditions at the
premises, the activities on the premises, and the
conduct of third parties now given. Buyers shall so
advise their agents and employees. The buyer agrees
to indemnify and hold the auctioneer and seller
harmless from any claims or damages. No person
shall have any claim against the auctioneer, his
agents, employees or principals regardless of
personal injury, loss of life or damages to or loss of
property. Buyer also acknowledges responsibility for
his actions and conduct and the action and conduct of
their agents and employees throughout the sale and
checkout process.

DISPUTES: Any disputes that arise during the course
of the sale or pay period shall be decided by the
auctioneer. The decision of the auctioneer shall be
final and absolute.

ADDITIONAL: Announcements made by the
auctioneer prior to the sale shall become a part of this
agreement. Although all information has been
obtained from sources deemed reliable, the
auctioneer and seller make no guarantee whatsoever
to the accuracy of any printed materials. The
auctioneer reserves the right to refuse admittance to
anyone. The auctioneer reserves the right to withdraw
items, alter the sale order, accept bids from the seller
and group lots as he deems appropriate. Absentee
bids will be bid proxy from the auctioneer and staff.
The bidders and or buyers will not hold the auctioneer
liable for the seller’s misconduct or negligence in
regards to matters of title or failing to close on a sale
or failing to disclose defects of any kind including that
of hazardous waste. Buyers and bidders will look to
the seller in these matters.