New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-17
NOTICE OF SALE.

fan IN, n, Nav York and no bid shall be re-
celvet from any bidder for the entire properly Nno
shall not have deposited with the undersigned p',o'
10 the time nrcd for such sale a. pledse thN NV
will make good his bid or bids. I'm case Of us sc
ceptance the sum of twenty i've thousand tt9b'oVoI
dollars either In cash or In check ceiuhn
hereinbefors provided Any bidder deposliinS tne
sum Of twenty i've thousand tf25.ooOl SohHs
aforesaid shall be entitled TO bid on any phuo' =,
combination OF parcels separately. and on all 'ne
securities a. an entirety.
Any deposit received from any unsuccessful po-
der will be returned TO him when tho piop'''
shall be struck Oh.
On .eceptancs OF sny bid the successful bidder
shall forthwith enter into an agreement III VIZ. In
with the undersigned IN appropriate FORM "n'V ~
no shall bind himself TO pay the balance ,,,,,,,,
Did At the onice OF the undersigned. NO - "' rs,
Street, New York City. within twenty Wv, ~
after such acceptance. or such sdditionm u'n NJ.
the undersigned. upon request. may III "fiHns ''O'
Any successful bidder upon payment In tuii o.
the purchase price In the manner and "i'hin wy
period herein lmited. shall BIO enttled 10 nooo
delivery Of the securities which ne shsh ha'e
n,irchsssd and an instrument Of conveyance tnefeoi
In accordance with tho provisions OF shu i"''
Deed to which reference is hereby made
In cs., any succe.ful bidder shall fail promptly
and fully 10 perform any Of the obligations pro
rid-d In this notice TO be performed DS MN "o
sum deposited by such bidder. whether pau ~
cash or represented by check. shall iorlh"i.n w
and become absolutely the property OF Inc fHm-
ers' Loan and Trust Company. as Trustee uhue,
the said Deed OF Trust. not as penAiV "nPos."
upon such bidder but as quidated damages SUI
fered by such Trustee: It being expressly isreeu W
each ard every bidder that in such event inc usin
ages suffered by such Trustee would DC suOs'aiN'
but incapable OF measurement
The purchaser or purchasers shall be entitled 70
turn In use and apply. IN making payment OF Ihe
purchass money by from him Or them Diuuen
upon such sale. any OF tho notes ana any VI ~
coupons secured BY said Deed Of trust anu AT ,no
time OF said sale matured. and unpaid. reckoning
such notes mstured coupons for such purposes
a sum equal to and not exceeding that when shaI
be payable out OF the net proceeds OF such sac W
he holder or holders OF such notes and coupons LOT
his or their Just share In that character OF such no
proceeds OF sale under due spportionment oil ana
accounting concerning such net proceeds after pro-
vision shall have been made for the payment III
cash Of the expenses OF such sale and the reason
able compensation OF the Trustee
The right Is reserved TO resell ne properly OF
any portion thereof as TO which default IN pay
nicnt therefor shall be made upon such nouce as
the undersigned may determine 10 sufficient or WIN,
out notice IN the event that any purchaser shal iaI
or omit promptly and fully TO perform any OF inc
obligations In this notice or In the agreement SO
TO be signed by him as Aforesaid by him reouite'
TO be performed.
The undersigned reserves the right To adjourn
such sale either as 10 all SAID properly OF A 70
any parcel or psrcels thereof tpecined IN TINS NO
tce. and to sell upon such ADJOURNED gay, upS es
such notice as It may IN Its discretion deem SUM-
Gent.
The said sale will be made subject 10 all the
terms and conditions contained In this notice
Dated July 9th. 1915.
THE FARMERS LOAN AND TRUST COMPANY.
As Trustee under Deed Of Trust Of United Water
& Light Company. dated April lst l9ll
by h. S. MARST0N,
President
GELLER. RoLSToN & HoRAN. Attorney, for said
Trustee % Exchange Place. New York. y. \.