The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-19
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
lie auction 10 the highest bidder for
cash ~ the west front door OF the City
and County building. in Salt Lake City.
Utah at ten O'Clock a M. on June ..
l9ll 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 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 IL 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 OF to which II
is entitled. All materials, contracts,
accounts; iS chooses In action and a,i iran
censeS and things in action, all con-
tracts: claims and demands. tolls and in
come now owned by said company or TO
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 company's property and secondary
franchises will be furnished on applica-
ton, and prospective bona fide purchas-
ers may investigate this companys at
fairs at any time previous to the sale.
All OF the said property Will be sold
without the secondary franchises OF the
higher sum; If. on the other hand. a
larger sum can be realized by selling
the property with the secondary fran
chlses. then that method viii be pur-
sued. II the property is sold with the
secondary franchises then notice Is here"
by given that the secondary franchise
from Salt Lake City to this company Is
of the city council OF Salt Lake City
and reference is hereby made to section
Il. page o6l, 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
ligates Itself to give all the aid 1t can
The purchaser purchasers shall pay
at least 10 per. cent OF the amount OF
in cash or by BY certified check on some
responsible bank in Utah. and such sum
shall be forfeited TO the company as
llNulOaIeC OalnHEeS IN case SUCH pOT-
chaser does not complete the balance OF
his payment. the balance OF the bio shall
be paid when the proper conveyances.
assignments and transfers from this COM
panv are ready for delivery. The pro-
ceedlnes OF the president and secretary
n 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 tho right
to, reject any bid for. any of :he prop
erty II he deems such hid uniustly IN
sufficient when compared with the fair
value OF the property taking into con-
sidaration the fact TINT the property is
being sold at public auction, The pres
Ldent and secretary are authorized to
execute the necessary assignments. con-
veyances and transfers. 10 pass the title
of the propertv sold after the sale is con-
flrme5. The president of this company
is authorized 20 adjourn the sale from
day TO dav. II. In his Judgment. that
course is wise or necessary and to ad.
iourD the sale over Sundays and hnIi-
days.
UTAH INDEPENDENT TELEPHoNE
COMPANY,
by Waldemar Van Cott. President.
BY r. r Howell Secretary,
Dated May I. 1911. e1n1