The sun., 1919-05-12
FINANCIAL NOTICES.
NOTICE. OLE SALE

NOTICE OF SALE
of securities pledged under Indenture Of
international Traction Company. dated
November ], 1912. securing Collateral
Trust -Four Per Cent. Gold Bonds.
Default having been made in. the pay
ment of the instalment of interest which
became due and payable on January /,
1919, upon the Collateral Trust Four Per
Can't. Gold Bonds of International Trac-
ton Company. and said default having
continued for period of ninety days and
default having been made in the payment
OF the principal Of said bonds which by
aecaration became due and payable on
NOTICE rs HEREBY GIVEN that Guar
anty Trust Company of New York, as
Trustee under the Indenture OF Interna-
Der !. 1912, securing said Collateral Trust
-Four Per Cent. Gold Bonds. in the exer-
else of its rights and powers as such
trustee and by virtue Of u lien held by it
AZ such Trustee, will OTTER for sale at pub
lie auction, at the Exchange Sales Rooms
Nos 1. and 10 Nesey street. In the Bor-
ough OF Manhattan and City of New York
(which IL the city where such lien WAS ac-
auIredl. Mt 1880 o'clock T.. NJ, on the
18TH DAY OF MAY. 1919. all and sineu-
denture. which are more particularly de-
scrtbed follows:
!. 1s5,o75 shares of the aggregate par
value of Sls707. 800 Of tho capital stock OF
International Railway Company.
u. $4,000 principal amount Of the First
Mortgage Gold Bonds of Tonawanda street
ohh COMPANY. uue July ], 1877, henr-
ing interest at SO. secured by mortgage or
deed OF trust 10 Stat. Trust Company OF
T Te"., York G CITY as Trustee 'Gusranty
Trustaeb, dated October /, 1892
y. ssls.eoo principal amour, Of the First
Mortgage Gold Bonds ~ The Niagara Falls
and Suspension Bridge Railway Company,
duo July l. 1928, bearing interest at co,
secured by mortgage or deed OF trust to
of Buffalo. as Trustee. dated May 10. iS9s.
:. S22,bOO principal amount OF the First
;MH,ortgage Gold Bonds 81 Niagara Falls
]. 1929, bearing interest at go. secured
Sy mortgage or deed Of trust TO The
Fidelity Trust 6 Guaranty Company OF
Buhalo, as Trustee dated July "a, 1885,
S. 100000 principal amount OF Mortgage
Bonds OF the Tonawsnda Electric Rail
road Company, due April /, 1921 bearing
Interest at SO, secured by mortgage or
deed OF trust to John Cunneen as Trustee.
dated ; ApF.j Il ISL 22Dc,Do, amour, o, Re-.
FUNDING and improvement Five Per Cent
Gold Bonds Of Interna .ional Railway Com
pany. due November l. 1852 secured hv
Trust Company as Trustee, dated Novem-
sale in one lot and as an entirety. and
Will be sold TO the highest and best bid
der. subject, however. to the conditions
No bid will be received unless the bid
der shall have first deposited with the
dollars Cs5oooO) in cash or - a cSrtifei
check for that amount drawn upon a bank
in the city OF New York. payable to tho
completion OF the purchase Of said
curities in accordance with his bid and
these terms OF sale
The Trustee will give appropriate re-
ceipts for all deposits so made and will
immediately after the sale return to the
unsuccessful bidders any deposits made
Tho successful bidder will he required
70 sign mcmorandum OF his purchase
a ~ ~ ha OIL
purchase price will he payable without
tgrther notice at the once q The Trustee,
seven days after the sale. tho deposit II
tho successful bidder being applicable in
ne delivered upon payment OF the pur-
II the successful bidder shall fat to
complete the purchase Of said securities
in accordance with his bid and these terms
o. sale, such bidder shall he liable TO tho
Trustee for any loss or damage resulting
chase. including the expenses Of any re-
sale OF said securities, and tho Trustee
may hold the deposit OF such bidder ana
apply the same to the payment of any
such loss or damage.
The successful bidder. FOR the purpose
OF making settlement or payment for tho
securities will be entitled to turn in COL
lateral Trust -Four Per cent. Gold Bonds
Of international Traction Company and
any mutured and unpaid coupons thereof
in order that there may he credited
paid thereon the sums PAYABLE out of ths
OF such bonds or coupons his ratabis
share Of such net proceeds. after allow
ing for the proportion OF tho total purchase
price required 10 be paid IN cash to pay
the COSTS and expenses OF the sale,
other~se; and the successful bidder will
be credited on account Of the purchase
price Of the securities with the sums payl-
bic out of such net proceeds on such bonds
and coupons so turned IN.
The Trustee or any holder or holders Of
said Collateral Trust Four Per Cent Gold
Bonds of International friction Company.
in person or by attorney or agents, may
bid for and purchase said securities.
The Trustee may from time to time adj
tourn the sale by announcement at the
time and place fixed for the sale or for
such adjourned sale, and may hold such
sale as so adjourned without further
notice.
Dated New York. April o., 1919
GUARANTY TRUST COMPANY OF NEW
YORK. "a Trustee under the Inden-
ture ~ International Traction Conn
pany dated November !. 1912.
by +, j. II, SUTTON Vice President.