New-York tribune., 1922-10-04
FORECLOSURE SALES
THE COLORADO SPRINGS AND GRIP.
PIE CREEK DISTRICT RAILWAY
NoTICE OF FORECLOsURD- SALE.

PIE CREEK DISTRICT RAILWAY
NOTICE OF FORECLOSURE SALE.
Notice Is hereby given that pursuant to- a
decree Of foreclosure and order OF sale. msde
United States for the District Of Colorado,
on she goth day Of August. 1922. In GER
tain cause in equity, pending in said Court,
York. Trustee, and Central Union Trust
Company of New York, as Trustee, com.
planants r.s against The Colorado Springs and
defendant" q consolidated cause. I, Ivor 0.
Wingren, as Special Master. will sell at pub
at the vest + front door Of thee the County m Court
House IN the City OF Colorado Springs, in
the County OF FL Paso, in the State Of Colo
day Of October. 1922. at IL o'clock noon.
all and singular the property. estates, rights.
FRANCHISES, r. nc CONTRACTS, privilege and effects
District Railway Company which are sub
iect to the lien Of its two certain mortgages
dated January 1st. 1900, and October 1st,
is, iiso2, save and except as hereinafter set
The said properties so to be sold are de-
scribed and defined in the above mentioned
a brief description of said properties to bs
sold at said sale Is as follows:
dendant, The Colorado Springs and Grip
pie Greek District Railway Company. from
Colorado Springs, in tho County Of Ell
Teller. State Of Colorado; its branch line
Of railroad from the Town Of Cameron
4, tnrqHsh M the City Of r.; Goldfsld to the City
OF steam and electric railroad, known as
the Low Line" from Cripple Greek
conda to said CITY of Victor; its line OF
ii electric railroad, known IS the High
Line from M Cripple Creek through Mid
line, known as the Hooser Midway Line;
It's branch line known as the Moon Anchor
cutoff it's branch known as the Portland
Eroy, ,Nf, y%r1,
Stratton's Independence Spur Line: its
branch line to the Economic Mil, all in
s;ts ss,a Teller M County its branch line in the
the Atchison, Topeka and Santa Fe Rail-
fnls5 T1aa its bransh Line extendns to the
rado CITY; .ts branch line extending to
the works of the Telluride Reduction Com
pany at Colorado City, all in Ei Paso
7007 miles. Together with all the
branches, additions. ,sidings. spurs.
switches and turnouts thereof. including
all lands, terminals. yards. bridges, via
DUCTS culverts, tracks. rights of-wsy,
tTackage rights, stations, offices, depots,
depot grounds. terminal facilities. fences.
workshops, machine shops, machinery, en-
CINE houses, freight houses, warehouses
coal chutes water stations and other
after held or acquired for use in connec-
tion with the said railroad or the business
thereof and also all the easements fran
rights and things of whatever name or
nature now or hereafter connected with or
relating to the said railroad or to the
use thereof. together with all and singular
the tenements, haFeditaments and appurte-
appertaining. and the reversons. remain
ders, tolls, incomes, earnings rents. issues
and profits thereof; and also all the es-
tate, right. title. interest, property, pos
session, claims and demands Whatsoever,
as well In law as in equity. of the Rail;
way Company Of, in and to the same and
thereof. with rfppa
and all engines tenders. freight, passen-
ger, and ether cars and rolling stock.
tools implements, apparatus and all other /
railroad appurtenances fuel, supplies and |
materials and personal PrX3PeT,y XP ss nGw
way Company for the purposes of both /
said steam and electric railroads, all Of
and power transmission lines, engines. |
boilers cables, motors, dynamos and trans |
formers, generating and transforming sta
interest OF the Railway Company in and
to all rolling stock and equipment In which, 7
directly or indirectly. under. or through
any equipment trust or equipment trust
obligations, or otherwise In any manner j
howsoever, the Railway Company may at
any time have or acquire any right, title
Provided, however. that there is hereby
excepted and. reserved from the property OF
old all moneys IN the hands of the Receiver
nd all Intangible property, claims, demands
nd chooses in action Of the Defendant Rail
yay Company and/or said Receiver (par-
icularly that certain chose in action. claim
md demand now in suit In this Court. IN
ause numbered 1886. wherein George NJ.
defendant Railway Company is complainant,
md The Cripple Creek and Colorado Springs
.nts, and all claims and demands In favor
I the defendant. The Colorado Springs and
ripple Creek. District Railway Company.
nsloc his CAUSE ue against against the tinted States OF
America and/o the Director General of Rail- !
arising in ANY dnV Gut tbs Of ,a
iod Of time from January l, 1913. TO Feb
uary 2S 1920, or any part thereof: whether
he ~ "Rederal Control AetS or the Constitu-
ion OF the United States, or arising under
he provisions of the Transportation Act.
$50. or in consequences of the same. or
4 the acceptance OF any provisions thereof
III of which said Intangible property, claims.
demands and chooses In action of the de-
eiver are hereby reserved from the property
Erected to be sold
states. rights. franchises and privileges will
e sold. free and clear of and from all taxes,
assessments and other public charges.
len OF the mortgages foreclosed and Will
e sold in one part or parcel as an entirety
without appraisement, valuation. extension
The sale will be made to the highest bid
er upon the conditions In the decree set
ortn ana upon tno loIioWinS teIii-S ahu
onditlons:
(I) The Special Master shall accept no
bid for the property sold less than the sum
of Two Hundred Thousand Dollars ($200.-
100000, which sum Is hereby fixed by the
Court In order to prevent sacrifice of
the property and 80 protect the interests
OF all concerned, the least sum for
which the said property shall be cold. un-
less the Court shall hereafter otherwise
order.
(2) No bid shallsbe accepted from any
bidder for said property who shall not
have deposited. as part OF his bid the
sum of Twenty five Thousand Dollars
($25,0o0.00) in cash or a certified check
or checks therefor. payable to the Clerk
OF this Court. The Dash or checks de-
posted by any such bidder shall be held
as q pledge that such bidder will make
good his bid II accepted by the Court
The cash and checks 80 deposited, except
those deposited by any bidder whose bid
shall be professionally accepted, shall be
returned by the Special Master. at the
conclusion of the sale. to the bidder or
bidders from whom they were received.
The cash and checks 30 deposited by any
bidder whose bid shall pe professionally ac-
cepted shall be returned by the Special
Master to the bidder or bidders from whom
they were received. If such provisional ac-
ceptance shall thereafter not be confirmed
by the Court.
(3l The cash and checks deposited by
any bidder, In order to qualify him to bid
&t the said sale, shall be forfeited and