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

tan City of New York. and no bid shaIi % ~
cciyed from any bidder for tho entire properly WIZ
shall not have deposited with the undefsisneu p'
10 the time nred for such sale as pledse tilN 10
will make good his bid or bids. IN case o. us 90,
coptsncs the sum ot twenty i've thousand hS''VVyI
dollars. either in cash or In cheek eeI.in'N - -
| hcreInbefors provided Any bidder depsuhs tie
sum Of twenty Ave thousand ts20.ovoI o"uas
Aforesaid shall be entitled 10 bid on any pnce' ~
combination OF parcels separately. and on all INC
securities an entirety,
A,v d,nox,t received from any unsuccessful DO
der viii be returned TO him when tho properly
shall be struck on.
On acceptance OF any bid. the SUCCESSFUL onoe1
shall forthwith enter into an agreement III N'H's
with tho undersigned In appropriate FORM "hs'ey,
he shall bind himself 10 pay The balance 90 ~,
bid at the Office Of the undersigned. No ~ william
street New York City. within twenty t20) days
after such acceptance. such additional une 80
the undersigned. upon request may ID "h""s "'
Any successful bidder upon payment IN iuii OF
tho purchase price IN the manner and w'thlh Wv
period herein limited. shall be entitled 10 feo'i'o
delivery Of the securities which he shaI nav
purchased. and instrument Il conveyance t,sIeo
IN accordance with the provisions Of SAID itus'
Deed. TO which reference Is hereby MADE
In case any successful bidder shall fall promptly
and fully TO perform any Of the obligations pro
vdcd IN this notice 10 be performed ny nm ue
sun deposited by such bidder. whether pnd IN
and become absolutely the property Of The arm
ers' Loan and Trust Company. as Trustee uho''
the said Deed OF Trust. not as penany 'hpossu
upon such bidder. but as liquidated damages SUI
tered by such Trustee; II being expressly ssree1 "
each and every bidder that Ia such event tue Jam
ages suffered By such Trustee would 90 Suo''AAuA
but incapable Of measurement
The purchaser or purchasers shall be entitled to
turn in use and apply. IN making payment Of the
purchase money BY or from him or them olddeh
upon such sale any OF the notes ana any OF we
coupons secured by said Deed Of Trust ana al tle
time OF said sale maturet and unpaid. reckoning
such notes matured coupons for such purposes a.
A sum equal 10 and not exceeding that which Shall
be payable OF the net proceeds OF such sale 70
:he holder or holders o, such notes and coupons Tor
his their just share In that character OF such he
proceeds Of sale under due apportionment oil ana
accounting concerning such net proceeds hter pro-
vision shall have been made for the payment IN
cash Of the expenses Of such sale and the reason
able compensation Of the Trustee.
The right is reserved to resell The property OF
any portion thereof a to which default M pay
ment therefor shall be made upon such notice as
the undersigned may determine is SUFFICIENT OF "!
out notice. IN the event That any purchaser sha ,ns
or omit promptly and fully 10 perform any OF VIC
obiiI atoms IN this notice. or In the agreement
10 be signed by him Aforesaid. by him reguireu
TO be Performed.
such sale either as to all said property or as 10
any parcel parcels thereof specined IN TINS ~
tlce and 20 sell upon such adjourned DAY, upon
such notice as IL may IN its discretion deem sum
cient
Tho 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 COMPANf'
As Trustee under Deed OF Trust OF United water
& Light Company. dated April lst. 1911.
BY L. S. MARST0N.
President
GELLER ROLSTON & KORAN. Attorneys for SAID
Trustee. % Exchange Place. New York. y. l.