New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-13
AUCTION SALES

NOTICE is HEREBY GIVEN. in accord
Huce with the provisions OF the indenture
bearing date the End day OF January 1915.
made by THE CERTIGUE MINING &
DREDGING COMPANY to the undersigned
trustees. that said trustees will sell a. public
auction TO the highest bidder az p. NJ. on
the nth day OF April. 1917. al the Office OF
DR.. Eduardo Rodriguez Piieres, In the City
Of BogotA, Republic OF Colombia. the follow
Ing described property mentioned In said in
den.ure:
Ca) The Lands and Mines OF Certigue. sit
uated 10 the Province OF San Juan. District
Of Tado lntendancy OF Choco and Republic
OF Colombia. which are bounded and de-
scribed as follows: From the place where
the River Quito Joins the River San Pablo. TO
the headwaters Of said River quito. w the
said River Quito upon both sides, together
with all ravines, drains and glens. from It's
outlet I'm said River San Pablo 20 It's sources.
with all tho outhovs OF said River Quito and
all its prairies, plains lOWlands and clihe.
more particularly and fully described in Deed
40. IS, executed before the Notary In Charge
Of the Circuit OF Tumaco on the 23rd day OF
April. 4. d. 1904 les. the valleys OF the
streams Of "Candelaria," "Guapundo," Thor
do and "Aguaclara.'
% The concessionary rights OF the Com
pany for a period OF twenty-ons years from
the 18th day of April. A d. 1908. 10 extract
by means OF dredges or other suitable APP
pliance. the gold. platinum or any other
metals from the beds OF the Certigue River.
which cOnCessOnary rights are more particu-
larry described in the Public Instrument OF
the 18th day OF April, a. ID. 1908, known a.
Number Three Hundred and SiNty-eiX, before
Mr. Sergio A. Barron, Fourth Notary Of the
Circuit OF BOgOta. and In the transfer dated
The 23rd day OF May. a. D. 1908, made BY
the aforesaid DR.. Antonio Olano. TO the Com
peny. conveying 70 the Company portion
u tho concession described in said Public
instrument known as Number Three Hundred
and SiXty-siX; SUBJECT. HOWEVER, 20 the
duties and obligations which the Company az
concessionaire l. obliged 20 perform and full
oil, including the payment or tho tax OF i've
per cent C5cs), which Is reserved by the Gov
eminent OF tho Republic OF Colombia. in the
aforesaid Public Instrument, out OF the gross
production OF the sold. platinum and other
metals recovered from said concession.
tc) All equipment, dredges, tools, boats and
machinery appurtenances, rights, teuements,
heredita ments. easements. reversiOns. remain
ders. titles. issues and pronts, Interest, equity
OF redemption. property. possession, claim and
demand whatsoever. as well In law as In
equity. OF the Company in and TO the fore
going and each .ind every. part thereof
The said property will be sold at said
public auction upon the basis or S0OOOO.OO,
on tine following terms:
The trustees may require the purchaser to
deposit with them, on account OF the pur-
chase price a sum Of money in cash equal to
ten per centum 1000 OF the amount bid by
said purchaser. when and ~ the time said
property shall have been struck of TO said
purchaser. which said deposit may he re-
tained by the trustees in the event that such
purchaser shall fail 20 complete his purchase
al the time the deed OF the trustees is ready
TOT QellAeTg.
The deed Of the trustees shall be ready for
delivery 20 the purchaser one week after the
dav OF sale a. =. NJ. al the aforesaid
place Of sale; and IL shall not be necessary
for the trustees TO give notice 90 the pur
chaser Of the time and place for the delivery
Of such deed and in the event that the pur-
chaser shall fail 10 complete his purchase At
said time. the trustees may offer said prop
erty again for sale without giving further
notice by advert sement or otherwise.
The trustees in their discretion may sell
said property as whole or in parcels, and
NAV adjourn the sale from time 20 time. II
al the sale any bondholder shall purchase
said property, or any part thereof. he may
apply 20 the payment OF the purchase price
the bonds held by him TO the extent OF the
money which would be distributabie to the
bonds thus held after the payment Ia cash
OF all the expenses Of the sale. OF the trus-
tees in making the sale. including counsel
fees and an OF the 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 Jaau-
ary. 1917.
ROSWELL s. NICHOLS
American Trustee.
- Nassau Street, New York, y. Y.
ANTONIO OLANO,
Colombian Trustee
Popayan, Colombia. s. A.