The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-11
THE NATIONAL
COPPER BANK
NOTICE OF PUBLIC SALE
of the Property OF the Utah Independer
Telephone Company Of Utah.

Utah Independent Telephone company.
a 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 a. NJ, on June o,
1911, all the property which It 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 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 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
sonal property. Of every description now
owned by said company or to which II
Is entitled. All materials, contracts.
| accounts. chooses in action and all fran
chises. rights, privileges. immunitlcs. IL
! cepses and things in action; all con-
tracts. claims and demands. tolls and in
which 1t is entitled; and all other prop
erty now owned by said company or 10
which ;t 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-
tlon: and prospective bona fide purchaS-
ers may investigate this company's af-
fairs at any time previous to the sale,
All OF the said property will be sold
without the secondary franchises OF the
company if such method will bring the
higher sum; IL, on the other hand,
larger sum can be realized by selling
the property with the secondary fran
chlses, then that method will be, pur-
sued. If the property Is sold with tho
secondary franchises then notice is here
by given that the secondary franchise
non transferable except by. the consent
of the city council of Salt Lake City
and reference is hereby made to section
of Salt Lake CITY. 1903. And II the high
est bidder desires all the property, to-
gether with the secondary franchises
the consent OF the city council OF Salt
Lake City to the transference of such
franchise, and this company hereby OBJ
lIgates Itself to give all tho aid 1t can
Tho purchaser or purchasers shall pay
at least 10 per, cent of the amount of
same. such payment to be made either
in cash or by certified check on some
responsible bank in Utah, and such sum
shall be forfeited to the company az
liquidated 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 conveyances
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 companys
property shall be reported back to its
board OF directors for confirmation he
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 uniustly In
sufficient when compared with, tho fair
value OF the property, taking Into con-
sIderstlon the fact that the property Is
being sold at public auction. The pres
dent 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-
flrmed; 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.
UTAH INDEPENDENT TELEPHONE
COMPANY.
BY waldemar Van Cott. President
BY r. r. Howell. Secretary.
Dated May I, 1911. e101