New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-20
NOTICE OF SALE.

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Company Owe pr cen, Colo Meris1se Bonds dated
July I. 1905 due July /. 1913 with all unpaid
coupons thereon
The said sale will be made IN the foll0Tins man.
nr and upon the following terms and conditions
An Of said Socuritie. so To be sold viii srS, b.
offered IN one lot and . an entirety and there
, after should any bidder who has qualified In the
manner hereinafter provided so request. the sad
securities shall be offered separately Ia parcels az
above listed Thereafter any bidder wh9 SHAH
have made bid either for all Of said securities
as ar entirety for any particular parcel snail
have the right 20 increase the amount Of his 3D.
and the undersigned will accept the highest bd o.
bids which shall produce the largest Aggregate pro
cecds OF SAFE
No bid shall be received from any bidder for Ny
single parcel who shall not have deposited with he
undersigned prior 10 the time fred for such sale
q pledge that he will make good bis BID IN case
It's acceptance amount equal % i've per cent u
the principal face amount Of the bonds included IN
said parcel either IN cash or IN a cheek certified
by a national state bank Or trust company stu
ate In the Borough Of Manhattan. city Of View
York and no bid shall be received from any bidder
FOR the entire property who shall not have deposited
with tho undersigned prior 70 the time excl r.,
such sale as pledge that he will make good bis
BID OF bids. IN case Of us acceptance. the sum %
twenty Eve thousand 1885,. 000) dollars. either In
cash or In a check certified hereinbsfore pro-
yded Any bidder deposiiing the sum q twenty
Eve thousand (Szj.O00l dollars as Aforesaid shall -
entitled to bid on any parcel or combins,ion q,
parcels separately. and on all the securities as an
entirety.
Any deposit received from any unsuccessful bidder
will be returned TO him when the property shall -
struck on.
On acceptance Of any bid. the successful bidder
shall forthwith enter into an agreement In w1ung
with the undersigned In appropriate form. whereby
he shall bind himself 10 pay the balance OF BIS 0id
at the Office u the undersigned. NO. y "llllan
Street. New York City. within twenty tsVJ Gays
after such acceptance. such additional tine as
the undersigned upon request. may IN wiring ALLOW"
Any successful bidder upon payment In fun q
the purchase price IN the manner aud within The
period herein limited. shall be entitled 10 receive
delivery Of the securities shich he shall have 50
purchased and an instrument Of conveyance theref
IN accordance with the provisions Of said trust
Deed. to which reference Is hereby made
In case any successful bidder shall fail promptly
and fully to perform any Of the obligations provided
I'm this rotce 20 be performed By him. the sum de-
posted by such bidder. whether paid IN cash -
represented by check shall forthwith be and becoms
absolutely the property Of The Farmers Loan All
Trust Company. Trustee under the said Deed =
Trust not as a penalty imposed upon such bidder.
but as iquldated damages suffered by such Trustee.
It being expressly agreed By each and every aiddr
that in such event tie damages suffered BY such
Trustee would be substantial but incapable Of meas
uremenL
The purchaser or purchasers shan De ennlef -
turn in Use and apply. IN making payment Of Tie
purchase money by or from him or them bddea
upon such sale, any Of the notes aud any o. lie
coupons secured By said Deed Of Trust and al tiD
time Of said sale matured and unpaid. reckoning
such notes or ma;ured coupons for such purposes
a. a sum equal 10 and not exceeding Ina. which
shall be payable ont Of the net proceeds % such
sale 10 the holder or holders Of such notes and
coupons tor his or their just share IN that character
Of such net proceeds Of sale under due sppoFlon-
ment Of and accounting concerning such net pro-
ceeds after provision shall have been made Tor he
payment In cash Of the expenses Of such sale and
the reasonable compensation Of the Trustee.
The right IS reserved to resell the properly any
portion thereof as 10 which default N payment
therefor shall be made upon such notice as the
undersigned may determine Is sufficient or without
notice in the event that any purchaser shall fdll
omit promptly and fully 70 perform any o. the o.
legations IN this notice. In the agreement 50 70
be signed by him Aforesaid. by him required 10
be performed.
The undersigned reserves the night 70 adjourn
such sale either all said property or as % any
parcel or parcels thereof specified in this notice
and TO sell upon such adjourned day. upon such
notice as It may IN II, discretion deem sufficient
The said sale will be made subject 70 al the
terms ard conditions contained IN this notice
Dated July 9th. 1915.
TIE FARMERS LOAN AND TRUST COMPANY.
AS Trustee under Deed q Trust Of United Water
* Light Company dated April Isl. 1910
b. l.. s. MARST0N.
Pre.isat
G:.LLER. ROLSTON & HORAN. ATTORNEYS for sad
Trustee. % Exchange Place. New YORK. y. l.