New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-03
TRUSTEES SALE

NOTICE Is HEREBY GIVEN. in accord.
snce with the provisions Of the indenture
rearing date the End day OF January 1915.
DREDGING COMPANY 10 the undersigned
trustees, that said trustees will sell at public
auction TO the highest bidder. at p. NJ on
Dr Eduardo Rodriguez Piheres. In the City
Of Bogota, Republic OF Colombia the follow
Ing described property mentioned in said in
(al The Lands and Mines Of Certigue. sit
uated In the Province Of San Juan, District
ot Tsdo. Intendancy OF Choco and Republic
Of Colombia. which are bounded and de-
scribed AZ follows: From the place where
the River Quito joins the River San Pablo. 10
the headwaters OF said River Quito. UP the
said River Quito upon both sides. together
with all Tavines. drains and glens from Its
outlet In said River San Pablo, 90 It's sources,
with ali the outious OF said River Quito and
81 it's prairies. plains, lowlands and cliffs.
more particularly and fully desc ribed in Deed
No rs. executed before tho Notary in Charge
Of the Circuit Of Tumaco on the 23rd day OF
April. A. ID 1904 less the valleys OF the
streams Of "Candelsria," "Guapundo," Thor
DO and "Aguaclara.'
90 The concessionsry rights OF tho Com
pany for a period OF twenty-one years from
The 18th day OF April. A. ID. 1908. to extract
by means OF dredges or other suitable ap-
pliance. the gold. platinum or any other
metals from the beds Of the Certigue River.
which concessionary rights are more particu-
lprly de,crIDed in the Public Instrument Of
Number Three Hundred and SiXty-siX, before
Mr. Sergio a. Barron, Fourth Notary OF the
Circuit Of Bogota, and in the transfer dated
the 23rd day of May. A. II. 1908. made by
the aforesaid DR.. Antonio Olano. 10 the Com
pany conveying to the Company portion
OF the concession described In said Public
Instrument known as Number Three Hundred
and Siyty-six: SUBJECT. HOWEVER. TO the
duties and obligations which the Company as
concessionaire is obliged TO perform and full
fll Including the payment OF the tax OF five
Uyb X reserved ia
eminent Of the Republic OF Colombia. In the
aforesaid Public Instrument. out Of the gross
production OF the gold. platinum and other
metals recovered from said concession.
(c) All equipment. dredges. tools. boats and
machinery. appurtenances, rights. tenements
hereditaments. easements, rtNefsiOns, remain
ders titles Issues and profits. Interest, equity
OF redemption, property. possession claim and
derna nd whatsoever, We'll In law In
equity OF the Company in and 70 the fore
going and each and every part thereof.
The said property VIII be sold without
reserve at said public auction upon the
basis Of S3O. 900 on the following terms:
The trustees may require the purchaser 20
deposit with them on account OF the pur-
chase price "A sum OF money in cash equal 10
ten per centum C0fo) OF the amount bid b.
said purchaser. when and at the time said
property shall have been struck on to said
purchaser which said deposit may be re-
ialncd BY the trustees In the event that such
purcha ser shall fail 10 complete his purchase
al the time the deed OF the trustees is ready
Tor delivery.
The deed Of the trustees shall be ready for
delivery 70 the purchaser one week after the
day of sale. at 3 T. NJ. at the aforesaid
place Of sale. and # shall not be necessary
Tor the trustees TO give notice 10 the pur-
chaser Of the time and place for tho delivery
of such deed and In the event that the pur-
chaser shall fan 10 complete his purchase at
,aid time the trustees may orer said prop
erty again for sale without giving further
notice by Advertisement or Otherwise.
Tn. trusiees I'm their discretion may sell
aid propsrty as a whole or In parcels. and
NAV adjourn the sale from time TO time. ~
al the sale any bondholder shall purchase
-aid property. or any part thereof. he may
apply TO the payment OF the purchase price
Inc bonds held by him 20 tho extent Of the
money which would be distribytable TO the
bonds thus held after the payment In cash
OF all the expenses OF the sale. OF the trus-
tees IA making the sale. including counsel
fees and all OF tho fees and expenses OF the
trustees for and In connection with the ser
vices rendered by them In the performance
Dated New York city. 10Th day Of Janu-
sry. 1917
ROSWELL = NICHOLS.
American Trustee.
=: Nassau Street. New York. y. Y.
ANTONIO OLANO
Colombian Trustee.
Popayag Colombia. 8. A.