The New York herald., 1921-06-28
$4,000 10000
S6,203,343.92

6. All the right, title and interest Of the Chi:
cago Utilities Company 10 ana 70 tne reol @ sno
Of the Chicago funnel Company. Chicago Ware.
house and Terminal Company. Illinois Teie-
phone Construction Company ana ,,ti any roro suD-
T. All the estate. right. title and interest.
whatsoever, as well in equity as at law. owned
held. possessed. enjoyed or claimed ~ sne
sod each and eVepy Bart thereof also all
books. records. accounts. franchises. rlsnts;
licenses grants, agreements. contracts. rights q
imianunities which are owned. held or enjoyed
by or conferred upon the Chicago Utllities
and s
wheresoever situated. real. personal or mixed;
which are owned, held. posesssed or en3oyed
sSro Sy or Heyes aRy oompany and
and reversons, remainder and remAluocrs,
revenue rents. income tolls issues s srd profits t
gagged and pledged under said tndenture;
Together with all and singular the tenements
or in any wise appertainins to ali the Aforesaid
property or any part thereof: la III =,
The Undersigned will invite bids upon AZ ~
aoeeps sne ths BID shs hshsst f.
thereon. provided that no bid Of less than
received from any bidder who shall not frs.
deposit with the undersigned the sum OF
$50 900 either in cash or by check certified 6y
the City of New York. The cash or checlss 80
deposited, except the cash or check Of the eic-
signed at the conclusion of the sale to the bidder
or bidders from whom they were received. Inc
sash or proceeds OF the cheek Pei q FL the rSi sTccss
the event that said bidder shall not make good
,s shall % be- S retained % BY the undersigned as Iqui
dated damages for such failure; and the under
signeo may in such case resell the propesy
chase price shall be paid by the successful bid:
der within five days after the acceptanee OF
Str stTeat e Boroush ene of City Of New
York. In the event Of resale. by reason cf
the failure. of the successful bidder to makS
by the undersigned In accordance with the
above provisions shall be applied by the under
signed nee as i the prrs sane on were .5e
Any bondholder or boudho!ders Of the Chi
cago Utilities Company may bid for and may
ment therefor. and upon compliance with the
terms of sale may hold. retain and possees and
OF s sbsh n n' or
and at any such sale any such bondholder or
bondholders so PURCHASING such property
Article SIX OF said ndenture. be entitled. for
the purpose of making settlement or payment
for the property to rS use naad and appy @
that there may be credited thereon the sum
the net proceeds Of such sale; and thereupon
such purchaser shall bo credited on accounts
96 such purchase pss pa3y.oe by h aus w'sS
such net proceeds to the payment OF or as credit
upon the bonds or coupons so presented: pro-
Ided that any bondholder or bondholders 50
purchasing such. property shall. pending the
Reorganization Of the sum app9rtionsble and
applicable to the bond or bonds 50 held ss ous
days after the acceptance OF his bid deposls
said bond or bonds with the undersigned for
sum objectionable and applicable thereto. and
deposit with the undersigned an amount In
cash equal to the balance OF the purchase price.
ess ten per cent OF the face valuo OF the prin-
cipal of the bonds so deposited. on the under
standing that when and as soon as tho amount
eternned % r and 80 ,T credited the undsrssnsd
shall pay the amount OF the purchase price re.
manning unpaid out Of the sum 50 deposited
surplus Of the cash so deposited.
Upon the completion OF such sale and the
he ndS undersigned 81 viii deliver to the purchsssr
Of the property so sold good and suniciens
deed or deeds for the sause without covenants
and deliver to such purchaser or purchasers
the certificates OF stock and the notes. bonds
sS'i sold unisr S the provisions Of said lndenturc
operate to divest ali right title. interest. claim
equity @ d Of the Chicsso ttiiitiss Company or
any person claiming or to claim by, through
or under 10, OF, IN ana 10 une properly 20 spiu.
and shall be perpetual bar both at law anS
In equity against the Chicago Utilities Com.
pany. It's successors and ASSIGNS. and sgainst
all persons claiming. or TO claim the property
sold or any part thereof. either through or
under the Chicago Utilities Company iss sue
cessors or assigns and the receipt OF the trustee
under the indenturc for the purchase money
paid on such sale shall be a sufficient discharge
to the purchaser. without any liability upon
his part TO see TO the application Of the purchase
money or to be bound to inquire as to the
authorization. necessity. expcdiency or rsgu-
The indenture Of the Chicago Utllites Com
pany provides that the undersigned from tin,e
TO time may adjourn the sale by announccmcne
OF the time and place appointed for such sale
or for such adjourned sale or sales; and with.
out further notice or publication. such sas
may be made at the time and plaos to which
same may be 50 adjourned.
Copies of the indenture OF the Chicago
Utilities Company and OF the mortgage5 OF
the Chicago Tunnel Company and Chica;c
Warehouse and Terminal Company are hell
by The undersigned at Its said office.
Dated New York. June 81. 1921
UNITED STATES MORTGAGE ANU
TRUST COMPANY.
BY CALVERT BREWER. vice-Prsstdsnt
PATTERSON, EAGLE. GREENoUQH -
DAY Cattnsel for the truatSa. l2O Broa dA