The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-13
NOTICE OF PUBLIC SALE
or the Property Of the Utah Independent
Telephone Company OF Utah.

Utah Independent Telephone company.
a corporation Of Utah, will sell at pub
| 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 S.
1911, all the property which It owns or Is
entitled to. except. OF course, Its pri-
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: Wit property owned 0S 'iAS company "
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
estate grants, ways and rights Of way,
licenses and easements now owned by
said company or to which 1t Is entitled.
all buildings. machinery exchanges. mo-
and all other apparatus and conduts OF
whatever description and wherever Sit
uate IN the state OF Utah, either nov
Is entitled and all equipment and per-
sonal property OF every description now
owned by said company or to which 1t
is entitled All materials, contracts.
accounts, chooses in action and all fran
chises. rights, privileges immunities. IL
eenses and things in action; all con-
tracts, claims and demands. tolls and In
come now owned by said company or to
which IT is entitled; and ell other prop
erty now owned by said company or to
Is not described herein.
An inventory and detailed description
OF the company's property and secondary
tion and prospective bona fide purchas-
ers may investigate this companys af-
fairs a any time previous to the sale
without the secondary franchises. OF the
company II such method will bring the
higher sum: II. on the other hand:
secondary
chises. then that method Will be pur-
sued. II the property is sold with the
by given that the secondary franchise
from Salt Lake City to this company Is
non transferable except by. the consent
na Of the city council OF salt Lake , CITY
49, page SCI, OF the Revised Ordinances
OF Salt Lake CITY. 1909. And II the high
est bidder desires all the property, to-
then he must take the risk OF procuring
the consent Of the city council of Salt
Lake, City TO the transference Of such
lisates itself to give all the aid it can
The purchaser or purchasers shall pay
at least 10 per cent Of the amount or
their BID at the time OF making the
same. such payment to be made either
in cash or by certified check on some
shall be. forfeited TO the company as
iiquidated damages In case such pur-
chaser does not complete the balance of
his payment. The balance Of the bid shall
be paid when the proper conyeyances.
assignments and transfers from this COM
pany are ready for delivery. The pro-
ceedings 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-
sideration 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-
joum the sale over Sundays and holi-
days.
UTAH INDEPENDENT TELEPHONE
COMPANY.
BY waldemar Van Cott President
BY B. r. Howell. Secretary.
Dated May 1. 1911. e101