Gilpin observer., 1913-03-13
NOTICE of SALE.

SCluTlDlu-h trust COmpa-
ny, as trustee, Complainant
The Central Colorado Power Company.
! Consolidated Foreclosure Cause. in
Notice is hereby given that pursuan,
consolidated foreclosure cause in equi-
". dated the 21st day of February,
fce o SsS SeTk e bs anq 5ed II
District Court for the District OF Colo
rado. At Denver. Colorado, on the 21st
signed, special master appointed in and
by said decree to make the sale herein
after mentioned, will on
THE s1sT DAY OF MARCH. 1913,
q eleven ,sSt ook o'clock, in the forenoon
said The Central Cent poSsl Colorado Sa'e pow q
State f of celoraGo. on' offer % for n'uiass; saIe
@ the tns sshd and
and upon the S' terms and an Ssio condisions siaas
premises. real. personal and mixed,
rights. privilege. and franchises here
mater n1aite and In the & mortgages fore
ly described. to-wit:
Mortgage made by The Central Colo
plainant herein under its then cor cor
a. daisS the Ts
suthorized Issue Of sso. .oeS. 900 OF Of
SoSIGao eSna made by The
plainant under its then name OF Knick-
erbocker Trust Company. as Trus-
S1S5O.O0O of bonds.
sale hs viii ss sd h 0a esea
as an entirety, free and clear of and
from all taxes, assessments and other
properties prior to the lien of the
aforesaid aisse az .mnoortgages. and free and
ing $4,000 of principal. together with
interest
The purchaser or purchasers. as pro I.
vided In said decree, shall assume all
pending, uncompIeted and not fully ex-
ecuted contracts made by the receivers
since their appointment for the opera
lion. maintenance and betterment of
the properties operated by them as
such receivers. and shall also be
including those for the sale of light
heat and power. made by The Central
Colorado Power Company prior to the
appointment OF the Receivers, unless
the said purchaser or purchasers shall
within four months after the confirma
tion OF. such sale file with the Clerk
of said Court in said consolidated
cause an election in writing not to take
or assume such of said contracts as aro
and no performance of any such con-
tract by said purchaser or purchasers
four months shall be deemed to be or
construed to be an acceptance. of any
such contract.
Amy purchaser of the property may
satisfy and make good the balance of
his bid above the sum or sums re-
9uired to be paid in cash. In whole or
master bonds certified under the afore-
said mortgage of The Central Colorado
SWer sos or cSm9Eanib dated
dated November /. 1909. and the cou-
pons respectively appertaining to any
ments representing the amounts due
from The Central Colorado Power Com
pany and secured by the lien or liens
lien to the aforesaid mortgages fore
closed thereby. which said securities.
to bearer, shall be duly endorsed or
assigned in blank; the said bonds and
coupons to be, received at such value.
the report of the Special Master. as
would be equivalent TO the distributable
amount that the holders thereof would
be entitled to receive therefor from
and out Of the purchase money In case
the entire amount OF the bid were paid
IN cash.
The Special Master may In his dis
cretion accept. temporarily instead OF
the actual delivery to him of said
cured by said prior liens the certifi-
cate of any bank or trust company sat
isfactory to him that 1T holds said
Special Master and will deliver them
to him on demand for cancellation OF
Bids for the property must provide
for payment or payments In cash of
such sum or sums as the Court may
deem sufficient to meet the payments
required to be made IN subdivisions
decree
cheney of the proceeds of sale to pay
in full the amount therein directed to
purposes set forth in said subdivisions
la). Ibl and tc). the Court reserves
the payment OF such deficiency by the
purchaser or purchasers In the event
OF failure or refusal of the purchaser
paid within thirty days after the entry
of the order requiring any such pay
retake and resell the said property and
to apply the net proceeds of such re-
sale to the payment of the deficiency.
plus, If any. but the purchaser shall
not be personally liable for the amount
OF n. such saer,a deficiency or any part thereof
bid FOR less Than the sum Of $500 $500. 900, o.
No bid Will be received from any
Special Master. at or prior to the time
OF sale, the sum OF 100000 In cash or
such bidder shaii be held as pledre
that such bidder Will make good his
bid, II accepted by the Court. The
those deposited by any bidder whose
bid shall be Professionally accepted. will
sale to the bidder or bidders from
whom they were received. The cash
and checks 80 deposited by any bidder
whose bid shall be Professionally ac-
cepted will be returned to the bidder
or bidders from whom they were re
III nf a
shall thereafter not be Confirmed by
the Court.
The cash and checks deposited by
any bidder, In order to qualify him
to bid at the said sale. shall be forfeit
ed and applied to the expenses OF said
directed by The Court in the event thai
the said bidder shall not make good
In the event that any successful bid
der shall fall to make good his bid
~ the Court shall direct upon the