New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-27
NOTICE OF SALE.

comp,ny ey. DER cent Colo Mortgage Bonds. dated
July l. 1905 due July /. 1915 WIN III ""piN
coupons thereon.
Tie said sale will be made in the following man
n.r and upou tho following terms and conditions
All Of said securities 80 TO be sold VIII hiN %
offered in one lOt and a. an entirety hlu 'n't'
after should any bidder who has qualned III u's
manner hereinaf provided 90 request inc san
securities shall be- offered separately ID p~fces .,
above listed Thereafter any bidder VINO s'a
baye made a bid either for all Of said securities
as an entirety or for any particular parcel '" '
have the rlght 10 Increase the amount Of ms o'''
aud the undersigned will accept the highest oid VI
BIDS which shall produce the largest aggregate pro-
cecds OF sale
No bid shall be received from any bidder Tor any
single parcel who shall not have deposited with the
unde,sigped prior Ia the time Hred for such sale as
q pledge that he will make good his DID IN case OF
| It's acceptance an amount equal TO I've per cent OF
tho principal face amount Of the bonds mcIuuei III
| said parcel. either In cash or In chech ceruhop
By a national or state bank trust company stu
| ate I'm tho Borough OF Manhattan city Of New
York. and bid shall be received from any oiune,
for tho entire property who shall not have h'psiep
| with tho undersigned prior TO the time hNoh iof
| such sale as pledge that he VIII make soou MS
| bid or bids IN Of Us acceptance. the sum Of
twenty five thousand 1925 00O) dollars. either IN
cash or In a check certified as hereinbefore pro
| yidcd. Any bidder depositing the sum OF twenty
five thousand (S25. 000) dollars as Aforesaid SnAl 10
| entitled 10 bid any parcel or combination OF
parcels separately. and on all the securities a" al
] entirety.
Any deposit received from any unsuccessful bidder
will be returned 10 him when the property shall DO
/ struck or.
On accept ancs of any bid. the successful bidder
| shall forthwith enter into agreement In writing
with the undersigned In appropriate form. WHEREBY
he shall bind himself 20 pay the balance OF his bid
at the offce Of the undersigned No. p william
| Street. New York City. within twenty 900 days
after such acceptance. such additional time as
the undersigned. upon request. may IN writing ALLOW"
Any successful bidder upon payment I'm full Of
the purchase price IN the manner and within the
| period herein limited shall be entitled TO receive
delivery Of the securities which he shall have 50
purchased and an Instrument Of conveyance thereof
| 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
in this rotice to be performed by him. the sum de-
4 posted By such bidder. whether paid IN cash or
reprc,cutel By check shall forthwith be and become
absolutely the property Of Tie Farmers Loan anu
/ Trust Company. Trustee under the said Deed Of
/ trust not as A penalty imposed upon such bidder
but .iquIdatcd damages suffered by such Trustee;
It being expressly agreed by each aud every bidder
that In such event the damages suffered by such
Trustee would be substantial but Incapable u meas
urcmelit.
Inc purchaser or purchasers kuail De enutieI VI
| turn in. use and apply. ~ making payment Of the
purchase money by or from him them hidden
! upon such sale any Of the notes and any OF the
| coupons secured by said Deed Of Trust and At tho
time Of said sale maturcd and unpaid. reckoning
/ such notes or matured coupons for such purposes
at sum equal to and not exceeding that which
I shall be payable Of the net proceeds Of such
] sale 10 the holder holders Of such notes and
coupons tor his or their just share in that character
II such net proceeds Of sale under due apportlon-
meut n and accounting concerning such net pro-
ceeds after provision shall have been made for tho
payment in cash N the expenses Of such sale and
! the reasonable compensation of the Trustee.
The right is reserved to resell the property any
portion thereof as 10 which default in payment
| therefor shall be made upon such notice as the
undersigned may determine Is sufficient. or without
notice In the that any purchaser shall fail or
omit promptly and fully 10 perform any Of the OBJ
legations IN this notice. or in the agreement 50 10
/ be signed by him as Aforesaid. by him required 10
/ be performed
/ The undersigned reserves the right 10 adjourn
such sale either n all said property as 10 any
parcel or parcels thereof specified In this notice.
/ and b sell upon such adjourned day. upon such
notice a. r. may In its discretion deem sufficient.
Tie said sale will be made subject % all the
/ terms and conditions cont aimed In this notice.
Dated July 9Th. 1915
/ THE FARMERS LOAN AND TRUST COMPANY.
A. Trustee under Deed Of Trust of United Water
/ q Light Company. dated April LIST. 1910.
By l.. :. MARSToN.
President
! GLILER. ROLSTON 4 KORAN. Attorneys for said
/ Trustee - Exchange Place New York. y. Y.