The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-03
NOTICE OF PUBLIC SALE
or che Property of the Utah Independent
TcLerhcne CompanY Of Utah.

Telephone Company CT UtaB.
Utah Independent Telephone company,
corporation OF Utah will sell at pub
lie auction TO 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. IN, on June D,
1871. all the property which 1t owns or Is
entitled to. except. OF course, It's pri-
mary franchise; and will or win 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 zeal. personal, and nlixed.
now owned by said company or 10 which
II 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 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 it
is entitled and all equipment and per-
sonal property OF every description now
owned by said company or TO which IL
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
come now owned BY said company or to
which 1t is entitled; and all other prop
which il is entitled even though The same
is not described herein.
An inventory and detailed description
OF the company's property and secondary
franchises VIII be furnished on; aDplica-
tion; and prospective bona fide purchas-
ers may investigate this company's af-
fairs AZ any time previous To the sale.
All OF the said property will be sold
without the secondary franchises Of the
company Il such method will bring the
higher sum; II. on The other hand,
larger sum can be realized by selling
the property with the secondary fran
chlses 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
from Salt Lake City TO this company is
non transferable except by the consent
OF the city council of Salt Lake City
and reference Is hereby made 70 section
l3 page sol, OF the Revised Ordinances
of Salt Lake City. 1909. And If the high
est bidder desires all the property to-
then he must take the risk of procuring
the consent OF the city council of Salt
Lake City 10 the transierence OF such
franchise. and this company hereby oh
Iigates Itself to give ali the aid it can
TO that end.
The purchaser or purchasers shall pay
at 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
liquidated damages in case such pur-
chaser does not complete the balance of
his payment. The balance OF the bid shall
he paid when the proper ,conveyances,
assignments and transfers from this COM
panv 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
10 reject any bid for any of the prop
erty II he deems such bid uniustiy in
sufficient when compared with the fair
value Of the property taking into con-
sjderat ton the fact that the property is
being sold at public 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 10 day. If. in bis judgment. that
course Is wise or necessary and to ad-
iourn the sale over Sundays and hoil-
days.
UTAH INDEPENDENT TELEPHONE
COMPANY.
BY waldemar Van Colt President
BY r. r. Howell. Secretary.
Dsted May l, 1911. e10t