The Western news. [volume] (Libby, Mont.) 1933-current, 1938-01-27

coin County, Montana, as to any
other asserted rights, claims or in
terests against the property andIor
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 cancella-
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,
lexpenses 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 par
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 bid
|, of bonds to apply upon purchase
price, as determined and fixed by
the Trustee. and
(b) 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-
cepted conditionaliy; and, If the
| bidder, or bidders, under subdi-
/ vision "(b)", above, shall, within
sixty (60) days after date of sale.
q 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
I division "(a1", then the full and
i absolute title of the property shall
!. be conveyed by the Trustee to the
. bidder, or bidders, under said sub
9 division "(b)n; otherwise, all right,
: title and interest of the parties
!. represented under bid made as pro-
, vided in said subdivision "(b)" shall
4 be forfeited; and the Trustee shall
+ convey the full and absolute title
of the property to the bidder under
: lsaid subdivision "(a)".
The amount OF the advances,
:, costs, expenses and fees required
i to be first paid upon sale under
/ the terms Of the Conveyance In
Trust cannot be now determined
:. but the Trustee will mail to each
: bondholder a statement of the esti-
- =. mated amount thereof, together with
= :, copy of this Notice of Sale, prior
, to the date of sale, and will state
publicly in the presence of by
q ISLANDERS at the sale, and prior to
Is offering the property or receiving
lie bids thereon, the true amount there
y of, together with such other in
n formation as deemed proper as tc
the terms and conditions upon which
ID sale will be made.
N Dated, first published and posted
As this 18th day of January, 1888
ID JAMES O. GULL,
} As Trustee,
If Address: P. O. Box Sc, Yakima
ii Washington. 1894