The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-05
NOTICE OF PUBLIC SALE
OF the Property of the Utah Independent
TELEPHONE Company of Utah.


Utah Independent Telephone company.
corporation OF Utah. will sell at pub
lie auction to the highest bidder for
cash at the west front door OF the City
and County building, in Salt Lake city.
Utah at ten o'clock &. m, on June 5.
1911, all the property which 1t owns or is
entitled to, except, OF on course SCI, It's priI ,,
It's secondary franchises, according 10
which method will bring the larger sum.
The following is a description OF all
VIII VIII: ''''' " 'u " '''''
All property. real, personal and mixed,
now owned by said company or TO which
1t is entitled; all telephone exchanges.
equipment and telephone lines, situate in
the state OF Utah, and all lands, real
estate. grants, ways and rights or way,
licenses and easements now owned by
said company or 10 which 1t is entitled:
all buildings, machinery, exchanges, mo-
tors. batteries. wires, tools. poles. cables
and all other apparatus and conduits OF
whatever description and wherever sit
uate In the state OF Utah. either now
owned by said company or to which 1t
Is entitled and all equipment and per-
sonal property OF every description now
owned by said company or 10 which IL
is entitled All materials. contracts.
accounts. chooses in action and all fran
censes and things in action; all con-
tracts, claims and demands. tolls and In
come now owned by said company or 10
which II is entitled; and all other prop
erty now owned by said company or 10
which II is entitled even though the same
is not described herein.
An inventory and detailed description
of the company's property and secondary
franchises will be furnished on applica-
tion, and prospective bona fide purchas-
ers may Investigate this companys af-
fairs at any time previous 10 the sale.
All OF the said property VIII be sold
without the secondary franchises OF the
company Il such method will bring the
higher sum: II. on the other hand, a
larger sum can he realized by selling
the property with the secondary fran
chses. then that method will be pur-
sued, II the property Is sold with the
secondary franchises then notice is here
by given that the secondary franchise
from Salt Lake City To this company Is
Of the city council OF salt Lake City
and reference is hereby made TO section
10, page sol, OF the Revised Ordinances
est bidder desires all the property to-
eether with the secondary franchises
then he must take the risk of procuring
the consent of the city council OF Salt
Lake City 10 the transfercnce OF such
franchise. and this company hereby OBJ
l!Gatcs itself TO give all the aid II can
10 that end.
The purchaser or purchasers shall pay
ri least 10 per cent of the amount OF
their bid at the time OF making the
same such paymen,f, TO be Sn made nn either 1oms
:esronsihle bank in Utah, and such sum
shall he forfeited 10 the company as
iiquiG3ied damages In case Sucn puF-
chaser does not complete the balance OF
his payment. The balance OF the bid shall
he paid when the proper conveyances
assignments and transfers from this COM
Hanv are ready sfor delivery. The pro-
reedlngs OF the president and secretary
IN making the sale OF the companys
property shall be reported hack to its
roard ~ directors for confirmation be-
fore any title shall pass. The person
conducting tho sale shall have the right
20 reject any bid for any OF the prop
ertv II he deems such bid unjustly In.
sufficient when compared With the fair
value OF the property, taking into con-
sidcration the fact that the property Is
being sold nj public auction. The pres
ldcri and secretary are authorized to
execute the necessary assignments. con
vevarces and transfers to pass the title
~ tho proncrtv sold after the sale is con
f!rncd The president of this company
Is authorized Ia adjourn the sale from
day to dav. If. in his Judgment. that
course Is wige or necessary and to ad-
iourn the sale over Sundays and hcli-
dnvF. -..
COMPANY.
Rv Valderar Van Cott President
Bv 2 r. Howell Secretary.
Dated MAY J. i1911. el0l
THE TRIRIJNE WANT ADS PULL.