A public foreclosure auction of 24 acres of former Chilkoot Lumber Company land adjacent to a 530-foot dock was postponed this week following a temporary restraining order.

The outcry auction was scheduled for 11 a.m. Friday, March 17 on the steps of the Dimond Courthouse on Fourth Street in Juneau.

The auction notice cites $12 million owed by Chilkoot Lumber Co., Inc. to Signal Capital Corporation, plus accrued interest of $24 million and $22,000 in…