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


Company s,e per cen, Colo Morsase Bond'' unr.Id
Jul, ] 1905 due July /. 1873. WIN 81
coupons thereon
The sad sal. will he made in the foh""lns nA'
ner and upon the foowins terms and condiu'''
All n said securities - 10 hs sold will ni" ~
offered IN one lot and - AZ entire'y sna ~.
after should any bidder who has qualnen !" ~"
manner hereinafter provided 90 request me ~
securities shall he offered separately IN pafVes -,
above listed Thereafter any bidder VINO VI. ~
have made bid either for all u SAID secu','., ~,
a. an entirety fer any particular par'e' -.
have me right 10 Increase tho amount ~ NJ "
and the undersigned will accept the highest o'u W
bids which shall pruduoe the largest Aggregate "o'
cecds Of SAFE
No MD shall he received rom hnv hddHr Tor Mp
single parcel who shall not hsve deposited Win hs
unles gnei prior 10 The time fixed 'of such sAie .,
pledge hat he will make good his bid In case OF
ifs acceptance. amount equal 10 nVe'per oent "
the principal face amount q The bonds includei IN
said parcel. either In cash or In check eTuneh
hy national or state bank trust company STU
s'e IN The Borough ~ Manhattan. Ciy OF Ne"
York and no I'D shall he received from any pluhet
Tor The entire property who shall not have deIn'ltel
With he undersigned prior 70 the time nItd to'
such sale a pledge that he will make sooi hs
nd or bids IN case Of rs acceptance. the sum OF
twenty Eve thousand 1925. OO0l dollar. either 10
cash or In check certified m hereinbSore pro
vd"d. ANY bidder deposiiins the sum OF twenty
I've thousand t25 OO0D dollars sfor'asd shall be
entitled 20 bid on ary parcel OF combination OF
parcels separately and on all the securities as an
entirety.
A7y deposit received from any unmccessful bidder
will be reiur1ed TO him shsn the property SHAH DO
struck OF
On acceptance Of anv hid the successful bidder
shan forthwith enter into an agreement In writing
9th the undersigned in appropriate form. whereby
he shan bind hinaef 10 pay the balance on his bid
at the ofioe Of the undersigned. No ~ william
Street. Nov York City within twenty t2o) days
after such acceptance. or such additional time as
the undersisn~c. u2on request may In writing Allow
Any successful bidder upon payment in full Of
the purchase price IN the manner and within the
period herein limited. shall be entitled 10 reoeiVe
delivery Of the securities which he shall have so
purchased and an instrument OF conveyance thereof
IN accordance with the provisions q sJd Trust
Deed 10 which reference is hereby made
In case any successful bidder shall fail promptly
and fully to perform any Of the obligations provided
In this rotce a. be performed by him. the sum de-
POSTED 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. "a Trustee under the said Deed of
Trust. not a penalty imposed upon such bidder.
but as hquidsted damages suffered by such Trustee
II being expressly agreed by each and every bidder
that IN such event the damages suffered by such
Trustee would be substantial but incapable Of meas
urement
The purchaser purchasers shall he entitled IN
turn IN. use and apply. in making payment NJ the
purchase money by or from him or them hidden
upon such sale any Of the notes and any Of the
coupons secured BY said Deed Ct Trust and At tho
time q said sale mstured and unpaid. reckoning
such notes or mAtured coupons for such purposes
at sum equal 10 and not exceeding that which
shall be payable out OF the net proceeds Of such
sale 10 the holder or holders Of such notes and
Ca hat chi aafer
OF such net proceeds Of sale under due spporton-
ment q and accounting concerning such net pro-
ceeds. after provision shall have been made for the
payment IN cash Of the expenses of such sale and
the reasonable compensation Of the Trustee.
The right Is reserved TO resell the property or any
portion thereof as 10 which defsult in payment
therefor shall be made upon such notice the
undersigned may determine Is sufficient without
notice IN the event that purchaser shall fsl or
omit pulmpuy and fully to perform any OF tbs OBJ
legations in this notice or in the agreement so 10
be signed by him Aforesaid. BY him required 10
be performed
The undersigned reserves the hight to adjourn
such GALE either to all said property to any
parcel parcels thereof specified In this notice.
and 10 sell upon such adjourned day. upon such
notice it may IN Its discretion deem sufficient
The said sale will he made subject 10 all ths
terms and conditions contained Ia 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.
b. L. s. MARSTON
President
G. LLER. ROLSTON & KORAN. Attorneys for said
Trustee. 70 Eichange Place. New York. y. Y.