The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-05-18
NOTICE OF PUBLIC SALE
or the Property OF the Utah independent
1clcphona ComDakX of Utah.

q Utah Independent Telephone company,
q corporation OF Utah. win sell at pub
lie auction 10 the highest bidder Tor
cash at tho west front door OF the City
and County building. In Salt Lake City.
Utah at ten o'clock a: m. on June 8.
l9li. all the property which 1t owns or IS
mary franchise. and will or will not sell
Its secondary franchises. according to
which method VIII bring the larger sum;
The following is a description OF all
the property "wned by this company. TO
wit:
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 Of 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-
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
is entitled and all equipment and per-
sonal property Of every description now
owned by said company or to which 1t
accounts, chooses In action and all fran
chises. rights. privileges inmunities. 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 I'll other prop
erty now, owned by said company or to
is not described herein.
An inventory and detailed description
OF the company's property and secondary
ton: and prospective bona fide purchas-
ers may Investigate this company's af-
fairs. at any time previous TO the sale.
without the secondary franchises of the
company II such method will bring the
higher sum; II. on the other hand.
larger sum can be realized by selling
MI hn
chisec. then that method will be pur-
sued. If the property is sold with the
secondary franchises then notice is here
from Salt Lake City to this company Is
non transferable except by the consent
OF the. city council of Salt Lake City
1S, page Bel. OF the Revised Ordinances
of Salt Lake City 1903, And II 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 to the transference OF such
ligates Itself to give ali the aid it can
to that end.
The purchaser or purchasers shall pay
at ,toi least St. 10 per cent OF the amount Of
same. such payment to be made either
In cash or by certified check on some
responsible bank In Utah. and such sum
liqudated 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-
ceednes of the president and secretary
in making the sale Of the conpany'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-
sideratiop 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-
firmed. 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-
journ the sale over Sundays and hoi-
days
UTAH INDEPENDENT TELEPHONE
COMPANY.
BY Waldemar Van Cott President.
BY r. r. Howell. Secretary.
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