The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-14
NOTICE OF PUBLIC SALE
or the Property OF the Utah Independent
Telephone Company OF Utah.

Utah Independent Telephone company,
q corporation OF Utah. VIII sell al 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 a m, on June o,
1911, all the property which 1t owns or is
mary franchise. and Will or will not sell
| Its secondary franchises, according TO
which method will bring the larger sum.
| The following is a description Of all
wit:
All property. real personal and mixed
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 of way,
licenses and easements now owned by
said company or to which II is entitled. .
all buildings. machinery. exchanges. mo-
| tors. batteries. wires, tools. poles, cables
and all other apparatus and oonduits OF
whatever description and wherever sit
uate in the state OF Utah, either now
owned by said company or to which It
| is entitled and all equipment and per-
sonal property OF every description now
| owned by said company 10 which II
is entitled. All materials. contracts
accounts. chooses in action and all fran
chises, rights, privileges, immunities, IL
censes and things in action: all con-
tracts. claims and demands. tolls and in
come now owned by said company or to
| which 1t Is entitled: and ell other prop
| erty now. owned by said company or TO
| which It 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-
| ton; and prospective bona fde purchas-
| ers may investigate this company's af-
| fairs a any time previous to the sale.
| All OF the said property will be sold
without the secondary franchises OF the
company II such method Will bring the
higher sum: IT, on the other hand.
| larger sum can bo realized by selling
| the property with the secondary fran
chises. then THAT method will be pur-
sued. If the property Is sold with the
| secondary franchises then notice is here
| by given that the secondary franchise
99 bY be
of the city council OF Salt Lake City
and reference is hereby made to section
u. page sci. OF the Revised Ordinances
est, bidder desires all the property, to-
gether with the secondary franchises
then he must take the risk of procuring
the consent. of the city council Of Salt
Lake City 10 the transference OF such
franchise. and this company hereby OBJ
| The purchaser or purchasers shall pay
| at least 10 per cent OF the amount or
their bid at the time of making the
in cash or by certified check on some
responsible bank In Utah. and such sum
| shall be forfeited TO the company as
|
| chaser does not complete the balance of
| his payment: The balance of the bid shall
be paid when the proper conveyances.
assignments and transfers from this com
pany are ready for delivery. The pro-
ccedings of the president and secretary
In making the sale OF the company's
property shall be reported back to its
| board OF directors for confirmation be-
| fore any title shall pass. The person
conducting the sale shall have the right
to reject any bid for. any OF the prop
| erty II he deems such bid unjustly In
sufficient when compared with the fair
value OF the property. taking into con-
| sderaion the fact that the property is
being sold at public auction. The pres
| ident and secretary are authorized TO
execute the necessary assignments con-
veyances and transfers to pass the title
of the property sold after the sale is con-
| fIrmed The president OF this company
Is authorized to adjourn the sale from
day to day. II. In his judgment, that
course is wise or necessary and to ad-
journ the sale over Sundays and holi-
| days.
| COMPANY.
BY WaldeTnar Van Cott. President
BY r. r.. Howell. Secretary.
\ Dated May !, 1911, e101