The Western news. [volume] (Libby, Mont.) 1933-current, 1938-02-03

pending cause and said claim of lien
for more particular information as
to the matters therein involved and
reference is also made to the pub
lie records and files in the office of
said Clerk and Recorder of said Lin
coin County, Montana, as to any
other asserted rights, claims or in
terests against the property and/or
as TO the present status OF the title
thereof
Said sale will be to the highest
and best bidder for cash, lawful
money of the United States, pay
able at time of sale; or for Prior
Lien Funding and Development
Bonds of said Golden West Mining
Company to be surrendered and de-
livered to the Trustee for canceffa-
ton to apply, at face value plus
accrued and unpaid interest, on pur-
chase price; or upon bid of cash and
bonds combined; and, unless there ).
shall be cash bid sufficient to pay
all advances, costs, expenses and
fees incident to the execution of
the Trust and sale of the property,
as referred to and provided in the
| Conveyance in Trust, and all out
standing bonds both principal and
| interest, all as found, determined
and fixed by the Trustee, or. unless
a bid made by or on behalf of
bondholders who tender bonds to
apply on the purchase price shall
also include cash Herewith sufficient
to pay in full such advances, costs,
expenses and fees, as determined
and fixed by the Trustee, then and
in either of such events the sale
will be made under the following
plan and upon the conditions. to-
wit:
(a) A cash bid shall be made by
or on behalf of the persons or part
ties who shall have made or who
shall be entitled to the payment or
repayment of such advances, costs,
expenses and fees, and in the total
amount thereof which cannot be re-
paid by cash accompanying a bid
of bonds to apply upon purchase
price, as determined and fixed by
the Trustee; and
(b1 A separate bid shall be made
by or on behalf of bondholders who
! tender bonds to apply upon the
purchase price, which shall be in
the aggregate amount of all bonds
rendered and delivered to the
Trustee, at face value and accrued
and unpaid interest; and
(c) Both said bids shall be ac-
fcepted conditionally; and, if the
bidder, or bidders, under subdi-
vision OBJ, above, shall within
sixty (60) days after date ef sale,
pay to the Trustee, in cash, for the
use and benefit of the bidder under
subdivision "(a)", above, the full
amount of the bid under said sub
| division "(a)", then the full and
absolute title of the property shall
be conveyed by the Trustee to the
bidder, or bidders, under said sub
division "(b)", otherwise, all right,
title and interest of the parties
represented under bid made as pro-
vided in said subdivision "(b)" shall
be forfeited, and the Trustee shall
convey the full and absolute title
of the property to the bidder under
said subdivision Cal.
The amount of the advances,
Icosts, expenses and fees required
to be first paid upon a sale under
the terms of the Conveyance in
Trust cannot be now determined,
but the Trustee will mail to each
bondholder statement of the esti-
mated amount thereof, together with
a copy Of this Notice of Sale, prior
to the date of sale, and will state
publicly in the presence of by
ISLANDERS at the sale, and prior to
offering the property or receiving
bids thereon, the true amount there
of, together with such other in
formation as deemed proper as to
the terms and conditions upon which
sale will be made.
Dated, first published and posted,
this 18th day of January, 1888
JAMES 0. GULL, I,
As Trustee,
Address: p. o. Box Sc, Yakima,
Washington. 1894