New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-31
NOTICE OF SALE.

Company i've per cent Colo Mortsss7 Bonds dated
july l. 1905. due July !. 1875. wth All ""''''
coupons thereon
The said .sle.syin he made IN the following mar
p,r and upon the folloHlns terms ana eohdi""ps
All Of said ,.c,.ritics 50 TO be sold viii nr,t be
offered I'm on. 10, AID a. an entirety and there
after should any bidder who has duainrl w w.
manner hereinafter provided 80 request the s''u
securities shall be offered separately ~ psfces
shOTe llst0l Thereafter any Dhdef WI" "a ,a
have made bid either for all Of said 'eeufilo ,'
As an entirety or Tor any particular parcel saii
have the risht TO Increase the amount OF MS D'o'
and the undersigned will accept the hlghest p'u VI
bids which shall produce the largest sssres's pf''
cecds OF sale.
No bid shall he received from any bidder fot am
single parcel vino shall not have deposited Win 'ho
undersigned prior 10 the time fIcd for such sale as
pledge that he will make good his bid IN case OF
It's acceptance. amount equal to nvo per cent OF
the principal face amount Of the bonds lncIuheu u,
said parcel. either In cash or In check crimes
BY 4 national or state bank OF trust company STU
ate IN the Borough Of Manhattan. CITY OF new
York and no bid shall he received from any tldhet
for tho entire property who shall not have depsiteo
wlth the undersigned prior 10 the time hIeu TOT
such sale pledge that he will make Eood III.
bid or bids. IN case o. its acceptance the sum OF
twenty nve thousand (s25. OOOl dollars either In
cash or IN check certified as hereinbefofe pro
r'dcl. Any bidder doposting the sum OF twenty
hsc thousand 1926 OOOl dollars as aforesaid SHAH 10
entitled 10 bid on airy parcel or combination OF
parcels separately and on all the securities as an
entirety
Aly deposlt received from any unsuccessful bidder
will be returned to him when the property shall DO
struck OF
On acceptance 81 any bid the successful bidder
shall forthwith enter into an agreement In writing
with the undersigned IN appropriate form. whereby
he shall bind himself IN pay the balance Of his DId
at the once Of the undersigned. No. p Ni'liam
Street. New York City. within twenty l2ol days
after such acceptance. or such additional time as
the undersigned upon request. may IN writing ALLOW"
ANY successful bidder upon payment in full Of
the purchase price IN the manner and within me
period herein limited. shall be entitled to receive
delivery Of the securities which he shall have so
purchased, and Instrument Of conveyance thereof
In accordance with the provisions OF SAD Trust
Deed. 10 which reference IS hereby made.
In cas-. any succcssfu! bidder shall fail promptly
and fully TO perform any % The obligations provided
in his IOtice t. be performed by him the sdm de-
pcsited by such bidder. whether paid In cash or
represented By check shall forthwith be and become
absolutely the property Of The Farmers Loan and
Trust Company. as Trustee under the said Decd OF
Trust. no; as penalty imposed upon such bidder.
but IS hquidaed damages suffered by such Trustee;
II being expressly agreed by each and every bidder
That Ia such event the damages suffered By such
Trustee would bs substantial but incapable Of meas
u-cment
Tic purchaser or purchasers shall be entitled 70
turn In. and apply In making payment Of the
purchase money by from him them hidden
upon such sale. any Of the notes and any OF the
coupons secured by said Deed q Trust and at the
time Of said sale .mstured and unpaid. reckoning
such notes matured coupons for such purposes
at sum equal to and not exceeding that which
shall be payable out OF the net proceeds Of such
sale 10 the holder holders Of such notes and
coupons for his their Just share In that character
Of such net proceeds Of sale under due spportion-
mcnt OF and accounting concerning such net pro-
ceeds. after provision shall have BEEN made n the
payment In cash Of The expenses Q. such sale and
the reasonable compensation Of the Trustee
The right is reserved to resell the property or any
portion thereof 10 which default in payment
therefor shall 10 made upon such notice the
undersigned may determine Is sufficient. withou,
notice. In the event that any purchaser shall fa or
omit promptly and fully to perform any Of The OBJ
legations In this notice. IN the agreement so TO
be signed By him as Aforesaid by him required to
be performed
The undersigned reserves the right TO adjourn
such sale either as 10 all said property or as 10 any
parcel parcels thereof specified IN this notice.
and 20 sell upon such adjourned day. upon such
motto. as II may in its discretion deem sufficient.
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
s. Light Company. dated April LIST. 1910.
By L. 5. MARST0N.
President
..LIER. RoISToN & KORAN. Attorneys for said
Trustee. % Exchange Place New York. y. Y.