The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-15
NOTICE OF PUBLIC SALE
or the Property OF the Utah Independent
Telephone Company OF Utah.


Utah Independent Telephone company.
a corporation or Utah. Will sell at pub
lie auction TO the highest bidder for
casn at the west front door OF tho City
Utah at ten o'clock a. M. on June 8.
1911 all the property which 1t owns or is
entltIed TO- except OF course, Its pri.
isfy is lramSniSe ama WI or VIII no. se ~
which method will bring the larger sum.
The following Is a description OF all
The property owned by this company. TO
All property. real. personal and mixed
now owned by said company or to which
IT is entitled; all telephone exchanges.
the state Of Utah. and all lands. real
estate. grants. ways and rights OF way
licenses and easements now owned by
| said company or 10 which 1t is entitled;
all buildings. machinery. exchanges, mo-
tors. batteries, wires, tools. poles. cables
and all other apparatus and conduits OF
uate in tho 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 to which ii
Is entitled. All materials. contracts.
accounts. chooses in action and all fran
chises. rights. privileges, immunities. IL
tracts. claims and demands, tolls and in
come now owned by said company to
which 1t is entitled; and I'll other prop
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-
ton; and prospective bona fide purchas-
ers may investigate this companys af-
fairs at any time previous to the sale
All OF the said property will be sold
without the secondary franchises of tho
company n such method will bring the
higher sum; If. on the other hand. a
hn -n1 h,y Iiro
The property with the secondary fran
chises, then that method Will be pur-
sued. If 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
nen,transferable except by, the consent
and reference is hereby made TO section
49, page 5s1. OF the Revised Ordinances
OF Salt Lake city 1909, And If the high
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
franchise, and this company hereby 'oG.. OBJ
ligates Itself to give all the aid 1t can
to that end.
The purchaser or 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 In 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
ceedlngs Of the president and secretary
in making. the sale of the company's
property shall be reported back 10 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 pu ublic 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-
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 y. r. Howell. Secretary.
Dated May l. 1911. a101