The Canon City record with which is consolidated the Canon City cannon., 1916-03-16

~ described in such election. and no
performance OF any such. contract by
said purchaser or purchasers before
month snail be deemed or construed to
be an acceptance or any sucn contract
Any purchaser OF the property may
satisfy and make good the balance OF
his bid aooye the sum or sums Iequir-
ed TO Be paid in cash. m whole or in
part. by delivering TO the special mast
er. bonds certified under the aforesaid
mortgage Of the United States Eeduc-
tion and Refining Company. dated July
lst, 1901, outstanding in the nands OF
holders other tnan the said Trustee.
and the coupons respectively appertain-
ing 70 any OF the aforesaid bonds.
which said SECURITIES. unless in nego-
table form and payable TO bearer. shall
be duly endorsed or assigned IN blank:
the said bonds and coupons TO be re-
ceiyed at sucn value. to be deter mined
ny the Court. upon the repott of the
Special Mast.r. would be equivalent
to the distributa BILE amount tnat tho
hoidtIs thereof would be entitled TO
receive therefor fiom and out OF the
purchase money. IN case the entire
amount OF the bid were paid in cash
The Special Master may. in his dis
cretion. accept temporarily. instead of
bonds and coupons. the Gel tificate OF
any bank or trust company satisfactory
to him that il holds said bonds and
coupons, subject to the order OF said
4 special master. and will deliver them
to him on demand for cancellation or
o.n.r ulsposIaOA-
Bids for the properties must provide
such sum or sums as the Court may
dem Sufficient to meet the payments
| tab, tb) and tc) OF Article V of said
decree. and In the event of the insuffi-
cheney Of the proceeds of sais 10 pay
/ in full the amounts Their, lin dire ed to
he paid out of such proceeds for the
purposes set forth in said subdivisions
,a). tbJ and tcl. the Court reserves
the right from time to time to require
the payment of such deficiency by the
purchaser or purchasers. In the event
NaNf fol
to pay such amounts so required TO be
paid. within thirty 800 days after the
satIy OF The order requiring any sueh
payment, the court reserves the right
/ to retake and resell the said properties
and to apply the net proceeds OF such
resale to the payment of the deficiency,
rendering un<o the purchaser the sur
/ plus, If any. but the purchaser shall not
/ be personally liable for the amount of
such deficiency. or any part thereof
/ The Special Master viii accept no
/ bid for the properties sold, less than
the sum OF s=5O.e00O0.
No bid viii be received from any
bidder who shall not deposit with the
Of sale, the sum of s50.000.00 in cash
or certified checks therefor. The
cash or checks deposited by amy
such bidder shall be held as pledge
tnat such bidder will make good his
Did. il accepted by the Court The cash
or checks so deposited. except those
deposited by any bidder whose bid
shall be Professionally accepted. will be
returned at the conclusion OF the sale to
were received. The cash and ch, cks
u-posit Il oy any biddlT whose old snail
De Professionally accepted VIII be re
turned 10 the bidder or bidders from
whom they Were receiv d. II such pro-
visionaI acceptance shall thereafter not
be coutrmed d by the Court
| The cash and checks deposited by
any bidder in order TO quaIify him to
bid AT said sale, shall be forfeited and
applied TO the expenses of said sale
safes and otherwise, may be dire Ct
cd by the Court. in the event that the
bidder shall not make good his bid
In the event that any successful Did
der shall tail TO make good his bid as
the Court shall direct upon the con-
nrrna uon to MIN OF such sale or after
wards. the Court may order resale OF
the properly, and The said bidder shall
be Liable for all the EXPENSES thereof
and for any deficiency OF piice realized
thereon TO the extent OF the pay nts
heretofore made by such bidder
In addition TO the casn deposit upo.
any bid ut the time OF said sal.
hereinbefore required, which shall be-
pI ice. there shall also be raid ia cash
by the purchaser or purchasers upon
the confirmation OF such sale S.id from
time TO time thereafter as the Court
may direct such furthsr PORTION OF IN.
purchase paIces of the propeg ties
quisite to make all Iaym-nts nereun-
Ger except upon the ponds used by
such purchaser in making t.aymtnt for
the properties purchased
Ihe 0Ouit reserves the right TO rclsct
any bid OF b-ds-and 10 etakv ald resell
the property purchased UPON tine fall
the terms OF sale or with any orders
of the Court requiring payment. within
thirty tS0l days after the entry of such
order in respect thereof
| The decree under which the afore-
sale properties are to be sold. and TO
which refer ence may be had for a more
specific description OF tue properties
sold and a statement OF the l. rms and
conditions OF sale IS dated February
| eth. 1916. and hltd in the office OF th,.
\ Clerk OF the District Court OF the
| United states for the District of Colo
rado. at Denver. Colorado. and copies
/ thereof may be inspected at the office
OF the ptcial Master. No. Is Clayton
/ Block. in the City and County OF Den
yer, State of Colorado. at the office of
the Receiver. in the City OF Colorado
Springs. State of Colorado. and in the
| office OF the solicitors for the COM
plainant herein. to-wit. William W
| Hodges. Color ado National Bank build
| ing. Denver. Colorado. and Murray.
| Prentice and Howland. No. 81 Wall
street. New York City. New York and at
\ the office OF the complainant The
i New York Trust Company. No. IS
l Broad street. New York City. New York.
I Dated at Denver. Colorado, this 10th
day OF February. a. ID. 1916.
| MILBIrR F. STONE,
Special Master.
William V. Hodges
Murray. Prentice & Rowland.
! solicitors tor Complainant.
/ First Pub. March le, 1915.
i d