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May 30 10:16 AM

Bossier couple puts home, farm and construction assets up for auction


A Bossier Parish couple going through a divorce have joined a growing nationwide trend by settling their community property separation by public auction.

Michael and Theresa Laws have contracted with Lawler Auction Company to auction off both a large majority of their moveable assets as well as their home and land, which is slated to be sold at auction on Saturday, June 7th at 10:00 a.m. at their residence near Benton, Louisiana.

In addition to their 3-bedroom, 2-bath residence complete with a workshop and two large pole barns, hundreds of moveable assets will also be sold.

Michael and Theresa have managed to collectively obtain, in over 20-plus years of marriage, an impressive collection of farm and construction equipment that will also go on the auction block. Those assets include a Kubota cab & air tractor, a Kubota skid steer track loader, two Bobcat mini excavators, a huge collection of skid steer attachments that includes just about everything from a stump grinder, trencher, rotary brush cutters, log splitters, buckets, hay collection equipment, post hole augers and just about anything else that you can imagine that can be connected to a skid steer loader. The Laws had purchased the skid steer for a dirt business along with the excavators in 2011 and 2012.

They were also preparing to start a square hay baling business and collected a large assortment of hay baling equipment, including a new Vermeer hay cutter along with numerous rakes, balers, hay gathering equipment, fertilizers, seeders, discs and many other tractor implements.

“Whether you are looking for farm, construction, welding equipment, mowers, shop tools, treated and untreated lumber, or you are in need of landscape rocks, this auction is for you," said auctioneer Danny Lawler. "This is some of the finest equipment that we have ever brought to auction."

The real estate located at 1147 Cattleman's Trail near Benton consists of about five acres of land and includes the home along with a workshop and two large separate pole barns. It also consists of a small pond that the couple were working on with a pier and decorative landscape when the couple split up. The home is complete with a metal roof, above-ground swimming pool with deck, a treehouse and a recently updated air conditioning propane heat system with a built-in air purifier and new duct system. The Laws purchased three separate solar systems from Willhite Solar Solutions that will go with the real estate. A propane-powered generator and the transfer switch will be sold separately.

Buyers of the moveable assets must come prepared to pay with cash or certified funds on the day of the auction; however, the winning bidder of the real estate must have a $20,000 non-refundable deposit on the day of the auction and be prepared to close on the property within 30 days, at which time the balance must be paid in full.

The actual auction will be conducted onsite at 1147 Cattleman's Trail. A preview and inspection day has been set for Friday, June 6, between the hours of 1:00 p.m. and 5:00 p.m.

Settling community property disputes by public auction offer the sellers a quick and fair solution of liquidating assets, so the Laws' attorneys, Ryan Gatti and Yves Verret, worked up a consent judgment, which was approved by a Bossier Parish District judge allowing the assets to be sold at auction.

For more information about this auction, including photographs of the items, lists, and terms, click on the www.lawlerauction.com or call (318) auctioneer's Web site at 929-7003.

Trailer mounted Concrete Mixer

Auction Date: 06/7/2014 at 10 AM 1147 Cattlemans Trail, Benton (318) 929-7003, Lic. # 1201 lawlerauction.com

Bobcat Skid Steer Stump Grinder

Auction Date: 06/7/2014 at 10 AM 1147 Cattlemans Trail, Benton (318) 929-7003, Lic. # 1201 lawlerauction.com

SWANN Imitation Security Accessories

Auction Date: 06/7/2014 at 10 AM 1147 Cattlemans Trail, Benton (318) 929-7003, Lic. # 1201 lawlerauction.com

Kubota Zero Turn Lawnmower

Auction Date: 06/7/2014 at 10 AM 1147 Cattlemans Trail, Benton, (318) 929-7003, Lic. # 1201 lawlerauction.com

Bobcat T300 Skid Steer

Auction Date: 06/7/2014 at 10 AM

1147 Cattlemans Trail, Benton (318) 929-7003, Lic. # 1201 lawlerauction.com

John Deere Seeder

Auction Date:

06/7/2014 at 10 AM 1147 Cattlemans Trail, Benton (318) 929-7003, Lic. # 1201 lawlerauction.com

Hud-Son Lumber Cutter

Auction Date: 06/7/2014 at 10 AM

1147 Cattlemans Trail, Benton (318) 929-7003, Lic. # 1201 lawlerauction.com

2011 Ambusher Skid Steer Brush Cutter Auction Date:

06/7/2014 at 10 AM 1147 Cattlemans Trail, Benton (318) 929-7003, Lic. # 1201 lawlerauction.com



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