The sun., 1919-05-26
FINANCIAL NOTICEA
NOTICE OF SALE

Of securities pledged under Indsnturs Il
international Traction Company. dated
T:s sss, Per S,s, :s s'S %ans co,
Default having been made In the pay.
ment OF the instalment of Interest whita
became due and payable on January I,
1919. upon tho Collateral Trust Four P,:
Cent. Gold Bonds of International Tr,c.
tion Company. and said default having
continued for a period OF ninety days AMI
default having been made In the paymsn,
of the principal OF said bonds which ~
declaration became due and payable On
NOTICE Is HEREBY GIVEN that ouu.
anty Trust Company of New York. -
Trustee under the Indenture OF Interna-
Dor /. 1919. securing said Collateral Trust
-Four Per Cent. Gold Bonds. In the eIu.
else Of It's rights and powers as such
Trustee and by virtue Of . lien held BY II
as such Trustee. will offer for sale OF pub
Iic auction, ~ the Exchange Sales Room,
Nos. - and 16 Vesey Street, In the BU.
ouEh OF Manhattan and City Of Now York
(Which L. the city where such lien Wa &c.
ssT. At 1850 e,eioch p; NJ. on the
lar the securities pledged under said In
denture, which are more particularly d..
scribed A. follow:
i; ls7;o7s shares Of the assres.t. pa
International Railway Company.
T. $4,000 principal amount Of the First
Mortgage Gold Bonds OF Tonavsnda Stree,
ing interest at az. secured BY morts.ss "
aeed OF trust TO State Trust Company q
Jew YORK City, as Trustee tGusrr',
T Trust Company OF New York, successor
sbls.o0o principal amount OF the Fin,
Mortgage Gold Bonds OF The Niagara Fi'l,
and Suspension Bridge Railway Company.
secured by mortgage or deed OF trust to
The Fidelity Trust q Guaranty Company
OF s1nslo as Trustee, dated May 10 ~,
Mortgage Gold Bonds OF Niagara Fsu,
whirlpool and Northern Railway, duo Ju.y
1923, bearing interest at e%. secured
mo. m,ortgase or deed Of trps. TO III.
Buffalo, as Trustee. dated July ~, 1874
B. $4,000 principal amount of MortgaE.
Bonds OF the TonawandA Electric RAJ
interest at IS, secured by mortgage -
deed of trust to John Cunneen. as Trust.s
dated Ap,il !: 1898;
funding and Improvement Five Fer c.r,
Gold Bonds OF International Railway Cor.
pany. due November |. 1862, secured -
mortgage or deed OF trust 10 Bank =
Trust Company, as Trustee, dated Move.
Der l. 1912.
THIS said sscuritie, will be offered
sails in one lot and as an entirety, '''
Will be sold to the highest and best N''
ger. subject however, TO the cond''
No bid viii b. received unless -. %.
der shall have irst deposited wis q,
Trustee or the Auctioneer nifty tho4s
dollars $50, in cash. or 4 c'r,!.'l
check for that amount drawn upon b.
In tho City OF New York, payabl. - ?
order OF the Trustee, as security fo- -
compilation OF the purchase OF .tid
eurities in accordance with his biz 'd
The Trustee will give appropriate -.
oeipts for all deposits so made and vii
Immediately after the sale return % H.,
SnsueeesAful bidders any deposits ms
The successful bidder Will ,. r.4u..'t
70 sign a memorandum Of his pur-45,,",
purchase price VIII be pay ;i' vl,,,.:
No: l+c Broadway. New York CITY, vth.I
the successful bidder being app.!tas,s "a
part payment thereof The securities WI
be delivered upon payment OF the pl''
II tho suocessful bidder shan IA %,
complete the purchase OF said securities
IN accordance with his bid and these tins
Trustee for any loss or damage resl''nS
from his failure to so complete SAD pr
chase, including the expenses Of any re-
may hold the depo.,t O., sue such b.dae- .ai
Apply the same to the payment OF any
such loss or damage.
The .uccesstul bidder, for the Tl-P''ss
or making settlement or payment tor -
securities. will be entitled 20 turn IN 'o.-
lateral Trust Four Per Cent Gold Bond,
OF International Traction Company ana
any matured and unpaid coupons Thereon.
In order that there may be credited =
paid thereon the sums payable o., q ~
net proceeds OF such sale to the hclte.
OF such bonds or coupons. as his rAiaV'
share OF such net proceeds, after op-
ing for the proportion Of tho totA. DuT'ha.
price required to be paid in cash 20 pa.
tho costs and expenses OF the sale mm
otherwise; and tho successful bidder VI.
be credited on account OF the plTcha"
price OF tho securities with tho sums paySl
BILE out OF such net proceeds on suoh poho
and coupons so turned in. 81,
Tho Trustee or any holder OF hotdeFs y;
said Collateral Trust Four Per Cent. "o,H
Bonds OF International Traction Compah,
in person or by attorney or agents my
bid for and purchase said securities
The Trustee may from time 10 line a.
Journ tho sale by announcement al Wv
time and place nIed for the sac or ioI
such adjourned sale. and may no 'S'
sale as so adjourned without flf'''
notice.
Dated New York, April -. 1915.
GUARANTY TRUST COMPANY OF ~"
YORK. as Trustee under the !natn.
ture of International Tract!oa Co"'
pany dated November ! 1874