New-York tribune., 1917-07-10
NOTICE OF SALE


Notice is hereby given thar. pursuant to
:he vote Of and e. due corporate action
Greene Consolidated Copper Company. .
West Virginia Corporation. hereiuafter
called the Company at the Annual and
General Meeting of said Stockholders dulf
held az rs New York Office IN the Clty
and State OF New York on the 18th day
OF June. 1917, and asrceanly - the stat
utes ot the state of West virginia IN
such case made and provided, Oh ot tho
property and assets of the Company as an. .
entirety. not including however lis cOr-
poratc franchise or good VIII were sold
10 the Greene Canauca copper company = -
Minnesota corporation, hereinafter called
the Greene Cananea company, an tne pIc1
and consideration and upon tie terms drd .
conditions speciAcd OBJ a certain piopositlol e.
and offer dated Nay -irt. 1917. made ~ f
the Greene Canaan Company i0 ana ac- .
cepted by the Company pursuant to duo
authority and vote " tue stockholders q
the Company at their said General and
Annual Meeting, subject however 20 tho
express condition thai upon not less than
three weeks notice 20 De given ~ plDn-
cation ia at least three daily newspapers
printed and published in the Borough oa~
Manhattan. IN the City ana State Of New
York and In one daily newspaper prlntef~
and published in the CITY of Cnarleston N
the State q West Virginia, the L1ecutly1
officers Of the Company s-aN Iorth"ta
offer all said property ana assets. as an
entirety, for sale. for cash. AZ public auc%
tion, 20 the highest and best bidder there.
FOR. and upon the further express conqluo1s
that K a said auction no higher or bettet
bid or offer for said property and aaset3
Is made or receiy d. then, and ~ such
event. the said proposition OF ne GFeen?
Cananea Company and the sals OF sslt
property and assets % lt made by ms
Company pLrslant 70 the althori4atlou
and vote Of the stochholaers of the Com-
pany az their said meeting shall DO b.nds
ing and final and be forthwith consuH.<
mated
Notice IS further hereby given that pure.
suart % said vote and action OF the stocks
hnf Tf d
ers Meeting. and iE compliance Wlth but
sub .Ct 90 the aforcs8 conditions ~ SUCH
sal, as imposed by said stocklolders az
said meeting. the uEderslgned J. -. Rick,
etts. as President. and j. W. Allen, -
Treasurer Of the Company viii offer fos.
le A. public auction on the 1ith day
OF July, 1917. a. eleven O'Clock in the f0ret
noon Of that DAY. on the front steps q
the United States Post Once Building NJ
the city of Charleston Ia the state " west
Virginia. 20 the highest and best blddes
all og the properly and assets n the Com,
pany. as an entirety, not including, howS
ever. It's corporate FRANCHISE or good VIII.
The said property and acsets viii be sold
as al entirety and f0r cash only. and thd-
person or persons or corporation or cOrpo--
rations 20 whom said property and assesa
may be sold shall and VIII be required to-
pay 20 the Treasurer q the Company at
the time of such sale. in cash NJ by certin-
fed check or cashiers check, Ten per-
ceutum of the price at which said prop.
erty and assets are sold 20 the slccessfut
bidder or bidders. ana the balance Il said
purchase price shall be paid 90 tho Tress-
urer of the Company upon the execution
and delivery of good and slfle.cIt instru-
Inents Of transfer aud conveyance.
80 bid VII be received bY Tie under.
eigneQ from any person or corporation of>
fer.ug 20 bid for said property and assets.
as an entirety, unless such person or cor
poration 80 Offering % bid sha.. have nrss
deposited with the Treasurer q the COTn-
pany as a pledge that he or 20 Will mako
good his or its bid in case OF acceptance.
the sum Of {2Oo9.o)0oQ IN cash or cert.ned
check or cashiers check.
The undersigned expressly reserve the
right 20 resell said property and assets
az public sale UPON Ike publication, IN
case any bidder Or purchaser shall fall 70
make good his or lts bid. upon the accepts
6nce OF the same by the undersigned BY
falling % make any pay ment on account
of the purchase price. Upon the failure
ot ans purg haser 20 make good his Or its
bid upon the acceptance q the same BY
the undersigned. ~ fahLog 20 make any
payment on account Of tie purchase prlcs
as required In the cOrs.mmat4On ot his
or its purchase. then TIE moneys. II any.
paid by such bidder or purchaser. or the
by any bidder or purchaser bidding fr
the property and assets IS ~ whole shall
be forfeited as penalty for such failure.
and shall be applied toward the paymsnh
OF any expense OF resale and toward make
ing good any deficiency or loss IN case
tho property and assets shall be sold az
less price upon resale and as and FOE
liquidated damages IN the premises
Such sale shall andswill be made with-
out valuation. apprglsement. rcdemptioA.
or extension. and the undersigned reserve
the right 90 reject any bid or bid, and
may adjourn or postpone such sale anf
may, without further notice or advertise-
msnt. proceed with the sale on any data
70 which tho same may have been adj .
j0urned or postponed.
This notice Is given and published by-
order Of the Stockholders and Of the BOart
OF Directors OF tho Greene Consolidated
Copper Company.
Dated June 18th. 1917. =
l.. r. RICKETTS, President 81
J. W. ALLEN. Treasurer. =
Room eo27. No. t2 Broadway. New Yoc1
Cll- New Yogk