New-York tribune., 1919-04-29
NOTICE OF SALE
Of securities pledged under Indenture Of
International Traction Company, dated
November I, 1919. securing Collateral
Trust -Four Per Cent. Gold Bonds.

International traction Company. dated
Trust -Four Per Cent. Gold Bonds.
Default having been made In tho pay
ment OF the instalment OF interest which
became due and payable on January /.
Cent. Gold Bonds of International Trsc-
ton Company. and said default having
continued for period of ninety days. and
or the principal of said bonds which by
declaration became due and payable on
April %. 1913.
IN, NOTICE is HEREBY GIVEN that Guar
trustee under the Indenture OF Interna-
ber t. L. % lol:, securing said Collateral Trust
else of Its rights and powers as such
Trustee and by virtue of q lien held by il
as a.. such Trustee, will offer for sale at pub
Nos. IA and IS Vesey Street, in tho Bor-
ough OF Manhattan and City of New York
ssTH DAY OF MAJ. 1Sio all % and on sinsn s"e
lnr the securities pledged under said In
scribed AS follows:
value of sl6,7o7. 500 OF the capital stock
OF International Railway Company.
- 2. 100000 principal amount of the First
Mortgase Gold Bonds of Tonawande Street :
Railroad Company. due July l. 1929. bear-f
ing interest at SO. secured by mortgagl
OF OF deed mi %.I Of trust St to State Trust Company
Trust Company Of New York. successoA
Trustee}. dated October /. 1892
s s5ls,ooo principal amount OF ths;
Falls and Suspension Bridge Railway Com
pany. due July l. 1928. bearing interest a.
go. secured by mortgage or deed OF trust
to The Fidelity Trust & Guaranty Conn
TO- 1898.
4. S22,5o principal amount Of the Firss
Mo Mortgage Gold Bonds Of Niagara Fslls
!. 1923. bearing interest at ees. secured
BY mortgage or deed OF trust to The
Fidelity Trust & Guaranty Company Of
Burfalo. as trustee. dated July "a, 1894
g. $4,000 principal amount Of Mort
gage Bonds of tho Tonawanda Electric
Kailroad inn Company, due April !. 1927, bear
ing interest at So secured by mortgage
tee. dated April l, 1895.
g. s4.a44ooo principal amount OF Re-
dn1d fpndng RanSa and improvement Five Per Cent.
Company. due November i, 1882. secured
by mortgage deed OF trust to Bankers
Trust Company. as Trustee. dated Noveln-
The said securities will be offered for
sale in one lot and as an entirety, and will
be sold TO the highest and best bidder,
stated.
No bid will be received unless the bidder
shah nave nrst deposited with tho Trus-
tee or the Auctioneer fifty thousand dol
lars $50,000) in cash. or a certified check
for that amount drawn upon a bank In the
city Of New York, payable to the order
pletion OF tho purchase of said securities
IN accordance with his bid and these terms
! OF sale.
The Trustee will givs appropriate .s-
ceipts for all deposits 80 made and Wi.
Immediately after the sale return TO the
unsuccessful bidders any deposits made by
The successful bidder will be required
to sign memorandum of his purchase at
chsse .he time ng,es ana pla9e Of the sale The pur-
ther notice at the office of the Trustee
No. NO; a4o 5s BroaSsway: New York City w,thin
the successful bidder being applicable in
part payment thereof The securities will
De, De delivered upon payment of the purchase
II the successful bidder shall fall 20
complete the purchase of said securities
IN accordance with his bid and these terms
OF o, sale. such bidder shall be liable to the
trustee Tor any loss damage resulting
from his failure to so complete said pur-
chase, including the expenses of any re-
may hold the deposit of such bidder and
apply the same to the payment of any
such loss or damage.
The successful bidder. for the purpose
OF making settlement or payment for the
securities. Will be- entitled to turn IN Col
lateral Trust -Four Per Cent. Gold Bonds
OF International Traction Company and
any matured and unpaid coupons thereof
in order that there may be credited as
paid thereon the sums payable out of the
net proceeds OF such sale to the holder
or such bonds or coupons, as his ratable
share of such net proceeds, after allowing
for the proportion of the total purchase
| price required to be paid in cash TO pay
the Costs and expenses of the sale. o.
otherwise and the successful bidder will
be credited on account of the purchase
price of the securities with the sums pay
able out of such net proceeds 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 Traction Company
in person or by attorney agents. may
bid for and purchase said securities
The Trustee may from time 70 time sd-
Ionrn the sale by announcement at sha
time and place fixed for the sale or for
such adjourned sale. and may hold Auch
sale AS so adjourned without further
notice.
Dated New York, April "a. isia
GUARANTY TRUST COMPANY OF NEW
YORK. as Trustee under the linden
ture OF International Traction Cem-
many dated November I, 1919.
hy r. j. II, SUTTON. N.oe-rresident.