The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-12
NOTICE OF PUBLIC SALE
or the Property OF the Utah Independent
Telephone Company of Utah.

Utah Independent Telephone company.
corporation OF Utah. will sell at pub
| lie auction 10 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. M, on June o,
| 1911, 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 a description Of oil
wit:
All property. real. personal and mixed.
II is entitled; all telephone exchanges.
equipment and telephone lines. situate In
| the state Of Utah, and all lands. real
estate. grants. ways and rights or 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 II
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, immunities. IL
censes and things in action: all con-
tracts. claims and demands. tolls and In
which II is entitled. and ell other prop
erty now owned by said company or to
which It is entitled even though the Same
Is not described herein.
All inventory and detailed description
OF the companys property and secondary
franchises will be furnished on applica-
ton: and prospective bona fide purchas-
ers may investigate this company 8 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. II. on the other hand. a
larger sum can be realized by selling
The property with the secondary fran
ehses. 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 city council OF Salt Lake City
and reference Is hereby made to section
IS. page 56l, 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
franchise. and this company hereby OBJ
ligales itself to give all the aid 1t can
TO that end.
The purchaser or purchasers shall pay
nj least 10 per cent Of the amount of
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
lquidated 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
panv are ready for delivery. The pro-
ceedincs 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
crty il he deems such bid unjustly 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
ident and secretary are authorized to
execute tic necessary assignments. con-
veyances and transfers to pass the title
OF the propcrty sold after the sale is con-
firmed The president OF this company
Is authorized 10 adjourn the sale from
day 20 day. II, In his Judgment. that
course Is wise or necessary and to adj
journ the sale over Sundays and holi-
days,
UTAH INDEPENDENT TELEPHONE
COMPANY
BY waldemar Van Cott President.
BY r r. Howell. Secretary
Dated May 1, 1911. e1o1