New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-07-09
NOTICE OF SALE.

eci,el from any bidder for the entire property VINO
shall not have deposited With the undersigned pfo'
10 tho time fred for such sale IS peufs u,a
will male good his bid or bids IN case Of rs se-
ceptance tho sum o. twenty five thousand ',z''VVVI
dollars either ia cash or IN cheek cerilhH rs
be-enbefore provided Any bidder dsposiiins the
gum OF twenty nTs thousand t2j 00O) dollars ~
aforesaid shsil be entitled to BID on any pafeei or
combination o. parcels sevafs'eJ anu Oh III wv
securities ~ an entirety.
Any deposit received from sny unsuccessful bid
der viii he returned 70 him when the properly
shall be struck on
On acceptance Of airy bid the successful BIDDER
shall forthwith enter into agreement Ia vnnns
With the undersigned IN appropriate form Whereby
he shall bind himself 10 pay tho balhoe on ms
bid a, the onlce Of tho undersigned. NO. Y Ninsm
street. New York City within twenty i2O) days
sfe, ,uch ,ccetsance. or such additional time as
the undersigned. upon request may IN "ri'lns slloN
Any successful bidder upon psym-n, in ION Of
tho purchase price IN the manner and within the
p~riod herein limited. shall be entitled 20 receive
delivery OF tho securities which be shall have 70
purchased and an Instrument Of conveyance thereof
ga accordance with the provisions OF sAd ii'
Deed 20 which reference Is hereby made
IN case any successful bidder shall fail promptly
and fully to perform any OF the obligations pro-
yid,d in thi, notice 10 be performed b. him. the
sum deposited by such bidder. whsiheF pad IN
cash or represented b. check. shall forl"ith Dc
and become absolutely the property ~ The Farm
ers' Loan and Trust Company. as Trustee under
tho said Deed Of Trust. no, a. penily imposed
upon such bidder but as liquda'ed damages SUI
ferct by such Trustee: II being expressly agreed By
each and eyery bidder that IN such event the dam
ages suffered b. such Trustee would Do substsnta!
but Incapable q, measurement.
The purchaser or purchasers shall be entitled 70
turn IN. Use and apply IN making payment OF me
purchase money by or from him or them biddeh
Upon such sale. sny q tho notes and ans o. the
coupons secured by said Deed Of Trls; and a; the
time Of said sale matured ard unpaid reckoning
such notes o. msturcl coupons for such purposes al
2 sum equal 20 and not exceeding that "hch shA"
DO payable out q the net proceeds OF such sale ~
tho holder holders Of such n0ts and coupons Tor
his their iIsi share IN that character oi such net
proceeds oi sale under duo sppor'io1ment Of ana
accounting concerning such net proceeds. after pro
yls.oI shall have been made Tor the payment IL
cash Of tho crpcnses Of such sale and the reason
able compensation Of the Trustee.
The right IS reserved 10 resell ne property or
any portion thereof as 70 which default IN pay
melt therefor shall be made upon such nouce as
the undersigned may determine IS sufficient or VIII
notice. n the event that any purchaser shal ~
omit promptly and fully 10 perform any o. tne
obligations IN thi. notice. IN tho agreement 50
10 be signed by him as Aforesaid. by him required
~ be performed
The undersigned reserves the rsh, 10 adjourn
such sale either to all said property or 70
any parcel OF parcels thereof specified In this no
tee. and 10 sell upon slch aaJoufIeI uAg' Npyo.'
such notice IS It may in It's discretion deem sum
c.eut.
The said sale will be made subject to all the
terms and conditions contained in this notice
Dated July 9Th. 1915.
THE FARMERS LOAN AND TRUST COMPANY.
As Trustee under Decd Of Trust OF United Water
* Light Company. dated April Is. 1911.
49, z. :. MARSTON.
President
GELLER RoLsToN HORA$. A,tomeys FOR said
Trustee. - Exchange Place. New York. y. Y