Gilpin observer., 1913-02-27
NOTICE OF SALE.

In the District Court OF the United
states tor the District of Colorado
Columbia IL nj SkerDocker Trust Compa-
ny, rs trustee, Complainant.
. The Central Colorado Power Company,
Defendant.
Consolidated Foreclosure Cause, In
Notice is hereby given that pursuant
to a decree made in the above entitled
consolidated foreclosure cause in equi-
ty. dated the 2lst day OF February,
1918, and duly entered and filed in the
office of the Clerk of the United States
District Court for the District of Colo
day of February, 1913, l.. the under
signed, special master appointed In and
by said decree to make the sale herein
THE sisT DAY. OF MARCH. 1913.
at eleven clever o'clock in the forenoon eo
france @ sha' of dayh yhe powes ee aa houae e" Of
said The Central colorado Pow
der Company lie neer eentS hs ci q nodSer nSs
state of colorado, offer for sale
and sell at public auction to the high;
conditions prescribed in said decree
and upon the terms and conditions
herein set forth. the property and
rights, privileges and franchises here
matter and in the, mortgages fore
ly described to.wit:
Mortgage made by The Central Colo
rado Power r COMPANY to the insn com .an
porate maine of Knickerbocker Trust
as Trustee dated ted the drs.
gage supplemental thereto, securing an
authorized issue of ,$2o.ooo,oo0 of
bonds; mortgage made by The Central
Colorado Power Company to the COM
plainant under its then name of Knick-
erbocker Trust Company. as Trus-
tee. dated the first day of November
1909, securing an authorized issue O.:
s1.350.000 of bonds.
The property, hereby noticed for
ne nn rt nr
as an entirety. free and clear of and
from all taxes, assessments and other
properties prior to the lien Of the
aforesaid mortgages. and free and
clear d oried of Gertain prSSr pS liens Liens menri9ned
ing $4,000 of principal. together with
The purchaser or purchasers, as pro
vided in said decree. shall assume all
pending, uncompleted and not fully ex-
ecuted contracts made by the receivers
fion, maintenance and betterment of
the properties operated by them as
deemed to have purchased all contracts
including those for the sale of light.
Colorado Power Company prior to the
appointment OF the Receivers. unless
the said purchaser or purchasers shall
within four months after the confirtna-
tion of such sale file with the Clerk
OF said Court in said consolidated
or assume such OF said contracts as ara
specifically described in said election.
and no performance of any such con-
tract by said purchaser or purchasers
before the expiration OF said period of
four months shall be deemed to be or
construed TO be an acceptance of any
such contract.
Any purchaser of the property NAV
satisfy and make good the balance of
his bid above the sum or sums re-
CURED to be paid in cash. in whole or
I'm part; by, delivering to the special
master bonds certified under therafore-
said mortgage of The Central Colorado
Power Company. dated December l.
1906. or under the aforesaid mortgage
pons respectively appert aiming to any
of the aforesaid bonds. and instru-
from The Central Colorado Power Com
pany and secured by the lien or liens
in said decree adjudged to be prior in
lien to the aforesaid mort cages fore
closed thereby, which said securities,
unless in negotiable form and payable
to bearer, shall be duly endorsed or
assigned in blank: the said bonds and
coupons to be received at such value.
would be equivalent to the distribut a lie
amount that the holders thereof would
and out of the purchase money In case
the entire amount of the bid were paid
In cash - - ,, a..
the actual delivery to him of said
cate OF any bank or trust company sat
sonss and COUPONS @ a or pron olds isn inl
struments subject 10 the order OF said
special Master and will deliver. them
to him on demand for cancellation or
other disposition.
Bids for the property must provide
ocb @ or SUNS 9p M the nura IN Gasn y oi
deem sufficient to meet the payments
required to be made in subdivisions
.a). tb) and (c) of Article VI OF said
decree and in the event of the insuffi-
eiency. of the proceeds of sale to pay
be paid out OF such proceeds FOR the
purposes set forth in said subdivisions
(a). tb) and tc). the Court reserves
the payment of such deficiency by the
purchaser or purchasers. In the event
10 pay such % amounts mounts so reaulrea @ edetase to se
paid within thirty days after the entry
OF the order recurring 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.
hot be personally liable for The amount
The Special Master viii accept no
bid for less than the sum OF s2.56O.oOo.
bidder who shall not deposit with the
OF sale, the sum of 100000 in cash. or
The cash or checks deposited by any
such bidder shall be held as a pledge
that such bidder will make good his
Sid, II accepted by the Court. The
cash and checks so deposited except
those deposited by any bidder whose
be returned at the conclusion OF tho
sale to the bidder or bidders from
whom they were received. The cash
whose bid shall be Professionally ae-
copied will be returned to the bidder
or bidders from whom they were re =
ceived II such provisional acceptance
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
sale or sales and otherwise as may be
directed by the Court In the event that
the said bidder shall not make good
In the event that any successful bid