The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-17
NOTICE OF PUBLIC SALE
or the Property Of the Utah Independ ent
Telephone Company of Utah.

,
Utah Independent Telephone company
| corporation OF Utah. will sell at pub
| lie auction to the highest bidder Tor
cash at the west front door OF the City
Utah at ten o'clock a. m. on June S,
| lsl1: all the property which II owns or is
entlued to, except, of course, Its pri-
mary franchise, and will or will not sell
its secondary franchises, according to
which me ethod Will bring the larger sum.
The following is description OF all
the property owned by this company, to
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 ON 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
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 or to which 1t
Is entitled All materials, contracts,
accounts, chooses in action and all fran
chises, rights, privileges, imnunities, IL
censes and things In action; all con-
tracts, claims and demands, tolls and In
come now owned by said company or to
which II is entitled: and ell other prop
erty now owned by said company or to
which 1t Is entitled even though the same
is not described herein.
An inventory and detailed description
OF the compnnys property and secondary
franchises. VIII be furnished appica-
ton: and prospective bona fide purchas-
ers may investigate this company's af-
ralrS at any tine 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; II. ON the other hand, a
larger sum can be realized by selling
the property with the secondary fran
chises. then that method Will be pur-
secondary franchises then notice is here
by given that the secondary franchise
from Salt Lake City to this company Is
of the ev o sS sS The Lake 1y
1s. page SCI. of the Revised Ordinances
OF Salt Lake City 1908 And If the high
Gether with the secondary franchises
then he must take the risk OF procuring
the consent OF the city council of Salt
franchise. and this company hereby OBJ
ligates itself to give all the aid 1t can
to that end.
The purchaser OF purchasers shall pay
their bid at the time of making the
same, such payment to be made either
in cash or by certified check on some
responsible bank I'm Utah, and such sum
shall be forfeited to the company as
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 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 uniustly 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
dent and secretary are authorized to
execute the necessary assignments. con-
and transfers to pass the title
of the proDerty sold after the sale is con-
'irmed: The president OF this company
IS authorized to adjourn the sale from
day to dav. II, In his Judgment that
course is wise or necessary and to ad-
iourn the sale over Sundays and holi-
lays.
UTAH INDEPENDENT TELEPHONE
COMPANY
By Waldemar Van Cott. President.
BY B. r. Howell. Secretary.
Dated May !. 1911. eIO1