New-York tribune., 1922-09-27
FORECLOSURE SALES
THE COLORADO SPRINGS AND GRIP
PLE CREEK DISTRICT RAILWAY

CE OT, ron SALE


Notice Ia hereby given that pursuant to e
lecreo OF foreclosure and order OF sale, made
ind entered In the District Court of the
IN tha 29tn day Of August, 1929. IN a GER
ain cause in equity pending In said Court
nutled Guaranty Trust &C Company al,o OF ,,.s New
Company OF New York, Trustee COM
claimants, against The Colorado Springs and
Ivingren, ae gpeciel Master will sell at pub
ic auction to the highest bidder. or bidders
At the west front door OF the County Court
House in the City of Colorado Springs. IN
he County Of El Paso, in the State Of Colo
-ado. and Dstrct Of Colorado on the 18th
Ill ana singular the property. estates, rights,
franchises, contracts. privileges ana eTects
District Railway Company which are sub
ect TO the lien of ITS two certain mortgages
lated January lat, 1900. and October list,
1909, cave and except as hereinafter set
'orth.
The said properties so to be sold are de-
.critsd and defined in the above mentioned
iecree Of foreclosure and order OF sale. and
1 brief description of said properties to be
sold a. suid sale Ia az follows:
Tho main lire Of railroad of tho de
dendant, The Colorado Springs and Grip
pie Creek District Railway Compony. from
Colorado SPRING., IN tho County OF ~
pago, 10 Cripple Creek, in the County of
Teller, state OF Colorado; it's branch line
q railroad from the Town Of Cameron
through the City OF L.oidneid to the City
of steam and electric railroad, known
the Low Line from Cripple Creek
conda to said City of Victor It's line of
electric railroad, known as the High
Line" from Cripple Creek through Md
line known as g the Hooser- Miiway Line line;
its branch line known az the Moon Anchor
cutoff it's branch known as the Portland
Stratton,s lndependence Spur Line; Its
branch line to the Economic Mil, all in
eaid Tel|er County; it's branch line IN the
CITY OF Colorado springs, connecting with
the Atchson. Topeka and Santa Fe Rail
Ioad iia bianSh linz extending to the
rado City; ts branch line extending TO
The works Of the Telluride Reduction Com
lany at Colorado city. ell N FL Paso
tO,o' hlies' Iogelher with All the
branches' i',,,i.fls nddit.ons sidings' spnrs.
all lands, terminals, yards. bridges. via
ducts, culverts tracks, rights-otway,
taokaee rights, stations, Offices. depots,
depot grounds, terminal facilities. fences,
workshops, machine shops, machinery. en-
Gine 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 nil the easements fran
ohiscs, water righta, property, easeholds,
rights and things OF whateVer name or
nature now or hereafter connected with or
relating to the said railroad or to the
construction, operation. maintenance or
Qse. thereof, togethor with all and uingular
RE :crem'n nts. hereditamenis and appurts-
npnces thereunto heionging or in anyWIse
apps rte. ming, aud The Vavcrsions, remain
dels. Nolis, incomes, earnings, rents issues
nnd profits thereof; and also all the es
tate, Right. tite. interest. property, pos
session, claims and demands wha tsoever.
as we'll in law as in equity. OF the Rail!
way Company OF, In and to tho same and
any part thereof. with the appurtenances
and all engines, tenders. freight. passen-
SCI, and other cars and rolling stock
tools implements' apparatus and al other
= railroad nppurtenances, fuel. supplies and
materials and 9, personal property now
way Company for the purposes OF both
said steam and electric railroads, all Of
it's telegraph telephone and electric Light
and power transmission lines, engines
boilers. cables, motors, dynamos and trans
formers, generating and transforming sta
lions, and alll the estate, right, title and
interest OF the hallway Company In and
TO al rolling stock and equipment in which
obligations, or otherwise In any manner
howsoever, tn Railway Company may at
any time have or acquire any right, title
or interest
Provided, however that there Is hereby
hcepsa ana rssg'veI nqm the popsfy @ 's
old ail moneys in the hands OF the Receiver
md all intangible property, claims, demands
way Company and/or said Receiver (par-
iculariy that certain chose in action, claim
,nQ GeuGnl now IN suit IN Inis court IN
ouse numbered 1886, wherein George NJ
Taylor, rs Receiver OF the property Of the
efendant Railway Company is complainant
md The Cripple Creek and Colorado Springs
Railroad Company. and others are defend
Lnts, and all claims and demands in favor
4 the defendant The Colorado Springs and
ripple Creek District Railway Company
the Receiver heretofore appointed In
Ms cause. against tho United States ot
osds, arising in any, manner out Of the
'ederaI control Of railroads during the pc
iod Of time fron January ], 1913, 70 Feb
rising under the Act of Congress known as
he Federal Control Act" or tha constitu-
ION of the United States, or arising under
he provisions Of the Transportation Act.
500, or in consequences OF the Same, OF
( the acceptance of any, provisions thereot)
demands and chooses In action OF the de-
endant Hallway Company and/or said Re
elver are hereby reserved from the property
The aforesaid property, real and personal,
states Tlghts franchises and privileges VIII
assessments and other public. charges
hargenble upon said property prior TO The
len af Of the moTsgages loreG,ossd l., and VII
Without appralsement, valuation, extension
r redemption.
er upon the conditions in the decree set
orth and upon Tho following terms and
"a The Special Master shall accept no
hid for the property sold less than the sum
Of Two Hundred Thousand Dollars ts2o0.-
100000, which sum is hereby fixed by the
Court in order 10 prevent q sacrifice of
the property and to protect the interests
Of all concerned, as the least for
which the said property shall be sold, un-
less the Court shall hereafter otherwise
order.
f2l No hid shall be accepted from any
bidder for said property who shal not
have deposted, as part OF his bid the
sum Of twenty-five Thousand Dollars
(s26,ooo.00) In cash or q certified check
or checks therefor, payable to the Clerk
Of this Court. The cash OF. checks de-
posted by any such bidder shall be held
as a pledge that such bidder viii make
good his bid IL accepted by the Court.
The cash and checks 30 deposited, except
those deposited by any bidder whose bid
nhall be professionally accepted, shall be
returned by the Special Master, at the
conciusiop of the sale, ia the bidder
bidders from whom they were received.
The cash aud checks so deposited by any
hldder whose bid shall be Professionally ac-
cepted shall be returned by the Special
Master TO the bidder or bidders from whom
they sere received. II such provisional ac-
eeptance shall thereafter not be confirmed
by the Court
ts) The cash and checks deposited BY
any bidder IN order TO qualify him TO bid
~ the raid sale, shall be forfeited and