The New York herald., 1921-07-05
se.2e3.34s.37

6. All the right, title and interest Of the Obi:
caSo Utilities Company IN ana 20 the real ana
Of the GcaEpS h q snfy Chcaso Ware
house and Terminal Company. Illinois Tele-
phone Construction Company and any sub
sidiary company of said Chicago Utilities Con-
7. All the estate, right. title and interest,".
property. possessions, claims and demands
whatsoever, as well In equity as at law. owued
held. possessed. enjoyed or claimed BY tbs
Chicago Uli,ies G GompsnS under SAD & lndel ri
books records. accounts. franchises. rights.
licenses. grants agreements. contracts, rights OF
iSSgunites iag Si Which are owned held on enjoyed
by or conferred upon the Chicago Utilities
GRpR Rp on ina s Sshef q and
wheresoever situated real, personal or mixed.
which are owned. held, possessed Or enjoyed
csgo "a Utilties Company; and The rsversdon
and reverslons, remainder and rerialnduS
Of each ana every part Of the property mort
gagged and pledged under said indenturo:
Together with all and singular the tsnenlents.
hereditaments and appurtenances belonging
or In any wise appertaining 70 all the Aforesaid
property or any part thereof - =.
The undersigned will invite bids upon all q
the aforesaid. property as an entirety and whl
accept the bid OF the highest qualified bidder
600 PTGYfbed % he aeneeed O bid viii b
received from any bidder who shall not first
deposit with the undersigned the SUN ,of
$50 600 either In cash or by cheek certified BY
a national or state bank or a trust company 10
the City Of New York. The cash or checks 50
deposited. except the cash or check of the sue
cessful bidder. shall be returned by the under
stoned at the conclusion Of the sale TO the bidder
or bidders from whom they were receiy The
cash or proceeds OF the check OF the successful
bidder shall be retained by the undersigned
and applied toward the payment OF his bid. y
the event that said bidder shall not make good
his bid. said cash or the proceeds Of said cheek
shall be retained by the undersgnec ~ h1ui-
dnted damages for such failure and the under,
covered by such bid The balance Of the Pur-
chase price shall be paid by the successful bid.
his bid to the understand at IT, office 55 Cellar
street Borough Of Manhattan, City OF New
York In the event OF re-sale, by reason Of
the failure OF the successful bidder to make
good his bid the liquidated damages retained
By the undersigned IN sccordance with the
above provisions shall be applied by the under
signed u the same we're received a. part
OF the purchase price upon the resale. -,
Any bonrholder or bondhoiders OF the Chi
cago Utilities Company may Did for and NAV
purchase such property and may make rsy-
ment therefor, and upon compliance With tns
terms OF sale nray hold. retain and possess AMI
dispose OF such property In his or their own
absolute right without further accountability
and at any such sale any such bondholder or
bonfhoders 90 purchasing such property
shall, subject 10 the provisions OF Section OF
Article Sx oS said indenture be enttlea. for
for the property purchased. TO use and apply
any bonds and any nstured and unpaid cou-
tbat there may he credited thereon the sum
nDportionablc and applicable thereto out OF
the net proceeds OF etfCn sale. ana fnereupOn
such purchaser shall be credited on account
~ such purchase price payable by him WITH
the. sum spnortionable and applicable out ot
such net proceeds 70 the payment OF or as credit
upon the bonds or coupons so prcsentet pro-
Vided that any bondholder Or bondhol1ers so
purchasing such property shall pending tbs
determination OF the sum apportionable ami
applicable 20 the bond or bonds 50 held Gus
of the net proceeds Of such sale, AMI within five
days after the acceptance OF his bid. deposls
said bond or bonds with the undersigned for
the purpose OF hayins credited thereon the
DEPOSIT With the unueri gnei an amount IN
cash equal TO the balance Of the purchase price.
ess ten per cent, OF the tace value of the prin'
standing that when and as soon as TIE aulo mt
10 be crefltsi on said bont or bonds shall bs
ceaeriniuc1 ans 20 CREDITED. the unaersifnei
shall pay the amount of the purchase price re-
naming unuaid out 9t the sum 20 d9posltei
surplus Of the cash 50 deposited.
Upon the completion Of such sale and tha
payment of the purchase price as aforesaid.
The undcrsi zned will deliver % the purchaser
Of the property 70 sold a sood and sufficient
died or deeds for the sane without covenants
and dsliver To such purchaser or purrhaser,
the certificates of stock and the notes. bonds.
50 se7riti9s. obligations ana other propeyty 80
sold u Ter The provisions % said infenturc
operate to dlvest All risht title interest. claim
equity OF The Chlcayo Ctllitles Company OF
any ucrson calming or 70 claim hy through
or png,r 9. Of, in an 70 the proEcrsy 50 soldi
IN equity azainst the Chicago Utilities Corn.
panY its sJcccssprs and asslens and against
Az persons clainune or 70 claim tho property
sold or any part thereof either tbrough os
undcr the Chlcago Utilities Company, its suc-
cessors or assigns aud the receipt OF the trustees
under tho lndsnture for the purchase roney
paid on such sale shall be sufficient discharge
TO the purchaser without any liability upon
his part 20 see % the application OF tho purchase
money or 10 be hound TO Inquire az to the
authorization. Necessity, expedlency or regIi-
larity OF any such sale.
The indcnture Of the Chicago Utilities Com
rany provides that the undersigned nom tina
70 time may adjourn the sale by Announcement
10 the tiine anf place appointed for such sale
or FOR such adjourned sale or sales; and with
out further notice or publication, such saie
may be ma ~ az the time AMI place 70 which
aarlc may Pc So aijournei I.
Nonie, of the indenture of the thagl
Itiitcs Company AMI of the mort ages of
the Chiraro Tunnel Comnanv AMI Chlcago
Warehouse AMI Terminal Germany are held
by the unleSigncd at lts said office.
DateI. Now York. June 81. 1921
UNITED STATES MORTGAGE AND
TRUST COMPANY.
BY CALVERT BREWER. vice-PreSiient
PATTE ERsoN, EAGLE, OREENOVGH q
DAY, Counsel for the trustee. 100 Broad
way New York City.