New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-08-03
NOTICE OF SALE.
Company nyo per cent Colo Mortgage Bonds datsd
July l. 1908 due July !. lsts Win al u"p'''
couDOug thereon.

Company nvo per cen. Cold Mortgage BONDS oat
July /. 1905 due July ], lsfs' WIN nj
coupons thereon
The said sale will be made In the 'oIIoWihs ms"
ncr and upon the following terms and CONDITIONS
All Of said securities so TO be sold will hrst 10
offered in one lot and a. entirety ana tbste
after should any bidder who has quanheu III w VI,
manner herelna after provided so request 'o 'a''
securities shall DO offered separately IN patee's a.,
above llstcL Thereafter any bidder VINO s.a,.
have made a bid either for all Of said sccuntes
as an entirety or for any particular parcel sha,'
have tho right N Increase the amount Of ms pa
and the undersigned will accept the highest pid or
bids which shall produce the largest aggregate pro-
cecds Of sale
No bid shall be received from any bidder for any
single parcel who shall not have deposited WIN 'he
undersigned prior the time 1Icd for such SAFE a.
, pIedre that ne will mako good his bid IN case OF
its acceptance an amount equal 10 i've PER cent OF
the principal face amount Of the bonds ihcIuheu ~
said parcel either In cash or In eheck oefunen
By q national or stats bank or trust company nsu
ate In the Borough Of Manhattan cly OF NeN
York and no bid shall be received from any oldhet
for tho entire property who shall not have deI"sel
with tho undersigned prior 10 the time h'en ior
such sale pledge that he Will make F"oi III,
bid bids, IN case OF It's acceptance the SUI" Va
twenty Ave thousand 1925 000l dollars. either III
cash or in a check certified hcreinbefore pro-
vided. Any bidder dcpositing the sum OF twenty
i've thousand (s25 O00l dollars as Aforesaid shaIl DO
entitled 10 bid any parcel or combination Of
parcels separately. and on all the securities as an
entirety.
Any deposit received from any unsuccessful bidder
will be returned 70 him when the property shah DO
struck or.
On acceptance Of any bid the successful bidder
shall forthwith enter into agreement In writing
Nith the undersigned IN appropriate form. WHEREBY
no shall bind himself 10 pay the balance of MS pa
at tho Office Of the undersigned. No. y william
frrnV
after such acceptance. or such additional time az
tho undersigned. upon request. may In writing allow
Any successful bidder upon payment in full Of
tho purchase price IN the manner and within me
period herein limited shall be entitled 10 receive
delivery Of the securities which he shall have 50
purchased and an instrument Of conveyance thereof
in accordance with the provisions of Sad trust
Deed. 10 which reference Is hereby made
In case any successful bidder shall fail promptly
and fully 10 perform q the Obligations provided
IN this rotice 10 be performed by him. the sum de-
posted by such bidder whether paid in cash or
represented b. check. shall forthwith De and b,come
absolutely the property u The Farmers Loan and
Trust C9m9any as Trustee under the said Decd N
Trust. 40, ss q penalty imposed upon such bidder
hut as ;lqudlted damages suffered hy such Trustee
Il being expressly agreed by each and every bidder
that In such esont the damages suffered by such
Trustee would be subst antia but incapable a meas
uremcnt
The purchaser or purchasers shall be entitled to
turn in. and apply. in making payment Of the
purchase money b. or from him or them hidden
upon such sale, any Of the notes and any Of the
coupons secured BY said Deed Of Trust and al the
time Of said sale matured and unpaid. reckoning
such notes or mAiured coupons for such purposes
az 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
coupons for his or their just share IN that character
Of such net proceeds OF sale under due apportion
ment 4 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 RICH, ia reserved 70 resell the property or any
portion thereof as 10 which default IN payment
therefor shall he made upon such notice the
undersigned may determine Is sufficient or without
notice In the event that purchaser shall fail or
omit promptly and fully 10 perform any Of the Oh
legations IN this notice. IN the agreement 50 to
he signed by him Aforesaid by him required 10
be performed.
The undersigned reserves the night to adjourn
such sale either 10 all said property or as 70 any
parcel or parcels thereof specified in this notice
and 10 sell upon such adjourned day. upon such
notice As f. may IN It's discretion deem sufficient
The said sale will be made subject 70 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 la. 1910
b. f. s. MARSTON
President
GI.LLER ROISTON & KORAN. Attorneys for said
Trustee. - Exchange Place. New York. y. 7.