The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-22
NOTICE OF PUBLIC SALE
or the Property OF the Utah Independen,

Telephone Company Of Utah.
Ctab independent Telephone company,
a corporation OF Utah. VIII sell ct pub
lie auction to the highest bidder for
cash at the west front door or the City
and County building. in Salt Lake city,
Utah at ten o'clock 4. M. on June o,
entitled to-, except or course, It's 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
the property owned by this company. to
wit:
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 Of way.
licenses and easements now owned by
said company or TO which Il is entitled.
all buildings, machinery. exchanges. mo-
tors, batteries wires, tools. poles. cables
and all other apparatus and conduits OF
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 bv said company or 10 which IL
Is entitled, All materials. contracts.
accounts, chooses in action and all fran
ccnses and things in action, all con-
tracts. claims and demands, tolls and in
come now owned by said company on TO
which II Is entitled; and I'll other prop
erty now owned by said company OF 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 appfca-
tion; and prospective bona fide purchas-
ers may investigate this conpanys af-
fairs at any time previous to the sale.
All OF the said property will be sold
without the secondary franchises Of the
higher sum: IT, on the other hand,
larger sum can be realized by selling
the property with the secondary fran
chises. 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
non-transferable except by the consent
of the city council Of Salt Lake City
and reference is hereby made to section
l$. page Sol, of the Revised Ordinances
of Salt Lake City. 1908. And If 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
lisates itself to give all the aid 1t can
10 that end.
The purchaser or purchasers shall pay
at least 10 per cent OF tile amount OF
their bio at the time Of making the |
in cash or by certified check on some
responsible bank in Utah. and such sum |
shall be forfeited 10 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
panv re ready for delivery The pro-
ceedlnEs 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 |
10 reject anv bid for any OF the prop
erty II he deems such bid uniustly In
sufficient when compared with the fair
value OF tha property. taking into con-
sideration The fact that the property is
being sold al public auction The nrcs-
ident ard secretary are authorized to
execute the necessary assignments, con
reyances and transfers 70 pass the title
Of the pronrrtv sold after the sale is con-
firmed. The president OF this company
is authorized 10 adjourn The sale from
dav to dav. II. in his Judgment. That
course IS wise or necessary and to ad-
iourn the sale over Sundays and ho:-
davs.
UTAH INDEPENDENT TELEPHONE
COMPANY.
By waidemar Van Cott President.
Bv p r. Howell. Secretary.
Dated Nav l. 1911. e1ol