New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-07-08
NOTICE OF SALE
NOTICE OF SALE.

Notice is hereby given that. pursuant 10
;hs vote OF and TO due corporate action
by the stock holders Of the undersigned,
Greene Consolidated Copper Company
West Virginia Corporation, hereinafter
called the Company. at the Annual ana
General Meeting Of said Stockholders duly
held at its New York ONCE in the CITY
and state OF New York on the 18th day
OF June, 1917, and szreeably TO the stat
utes Of the state OF West virginia Ia
such case made and provided, all OF tina
property and assets Of the Company. as an
entirety, not including. however its cor.
porate franchise or good VIII, were SOLO
10 the Greene Csnanea Copper Company q
Minnesota corporation. hereinafter called
the Greene Cananea Company, at the prizes
and consideration and upon the terms and
conditions specified IN a certain propostisn
and offer dated May 23rd, 1871, made by
tho Greene Cananea Company 10 and &C
cepted by the Company pursuant 70 due
authority and vote OF the stockholders OF
the Company at their said General and
Annual Meeting, subject, however, to the
express condition that upon not less than
three weeks notice TO be given by publ
cation In at least three dally newspaper:
printed and published in the Borough OF
Manhattan. In the City and State OF New
York. and in one daily newspaper printed
and published in the City Of Charleston in
the State Of West Virginia, the Executive
officers OF the Company shall forthwith
offer all said property and assets. as an
entirety, for sale, for cash, at public auc-
ton. TO the highest and best bidder there
that II al said auction no higher or better
bid or offer for said property and assets
is made or received. then and in such
event, the said proposition or the Greene
Cananea Company and the sale OF said
property and assets to II made by this
Company pursuant TO the authorization
and vote OF the stockholders Of the Com
psny at their said meeting shall be bind
ing and final and be forthwith CONSUME
Notice is further hereby given that pur-
IL 10. IL
holders Of the Company at said Stockhold =
ers' Meeting. and I'm compliance with but
subject 80 the aforesaid conditions OF such
sale imposed by said stockholders az
said meeting, the undersigned l.. u. Rick
etts. as President and j. w. Allen. as
Treasurer. Of the Company Will offer for
sale. at public auction. on the 18th day
% July, 1917 AZ eleven o'clock In the fore
noon of that day. on the front steps OF
the United States Post Office Building In
the city Of Charleston In the State Of West
Virginia. to the highest and best bidder
all OF the property and assets Of the Com
pany. as an entirety. not including, how
ever. its corporate franchise or good will.
Tho said property and assets will be sold
as an entirety and for cash only, and the
person or persons or corporation or corpo-
rations 70 whom said property and assets
pay to the Treasurer OF the Company at
the time OF such sale. I'm cash or by certln-
fed check or cashiers check, ten per-
centum Of the price at which said prop
crtN ana assets are SOLD 10 the SUCCESSFUL
bidder or bidders, and the balance Of said
purchase price shall be paid TO the Treas
urer Of the Company upon the execution
and delivery Of good and sufficient instru-
neuts 81 transfer and conveyance.
No bid will be received by the under
signed from any person or corporation Of
fering to bid for said property and assets.
as an entirety unless such person or cor
poration so Offering TO bid shall have nrst
deposited with the Treasurer Of the COM
pany. as a pledge that he or IL will make
good his or It's bid in case OF acceptance,
the sum OF 1000. 10000 In cash or certified
check or cashiers check
The undersigned expressly reserve the
right to resell said property and assets
at public sale. upon Ike publication. in
case any bidder or purchaser shall fail TO
make good his or It's bid. upon the accept
ance Of the same By the undersigned by
falling To make any payment on account
Of the purchase price. Upon the failure
II any purchaser TO make good his or its
bid upon tho acceptance OF the same by
the undersigned. by falling 10 make any
payment on account OF the purchase price
as required In the contamination OF hts
or its purchase. then the moneys, II any.
paid by such bidder or purchaser. or the
by any bidder or purchaser bidding for
the property and assets as a whole, shall
be forfeited as a penalty for such failure,
and shall be applied toward the payment
OF any expense OF resale and toward maxi
ing good any deficiency or loss in case
tho property and assets shall be sold at
a less price upon resale and as and for
liquidated damages IN tho premises
Such sale shall and will be made with.
out valuation, appraisemcnt. redemption
or extension, and the undersigned reserve
the right 10 reject any bid or bids and
may adjourn or postpone such sale and
may. without further notice or advertise.
ment. proceed with the sale on any date
TO which the same may have been ad.
journed or postponed
This notice Is given and published by
order OF the SscckholGers aud OF tho Board
OF Directors Of the Greene Consolidated
Copper Company.
Dated June 18th, 1917.
l.. d. RICKETTS,. President
J. ". ALLEN. Treasurer.
Room 1927. No. ~ Broadway. New Yorh