Word: auctioned
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...manage the estate. Then a local merchant who had long sold grain and seed and rented farm machinery to the De Portals presented a bill for $14,000. The family charged that it was a fraud. Before the matter could be resolved, a judge ordered the estate sold at auction. Though it was worth an estimated $330,000, a farmer named Louis Rivière made the high bid of $88,000, and the outstanding mortgages meant there would be nothing left for the De Portals...
...till the day after Hoover died. Washington rumor had it that Tolson intended to turn Hoover's $100,000 Georgetown house into a private museum. If so, it will be an empty one, because Tolson has been quietly selling Hoover's art objects and other belongings at auction. In one consignment were four pairs of binoculars. For work or for Hoover's long days at the race track...
...benefit auction in Los Angeles for the "Neighbors of Watts," Norton Simon, the millionaire art collector and philanthropist, plunked down a cool $23,000 for Ripening, a drybrush watercolor of two tomatoes on a weatherworn windowsill. "Fantastic," glowed the artist, Actor Henry Fonda, who had donated the watercolor to the auction. "Norton and Jennifer [Norton's wife, Actress Jennifer Jones] phoned my wife Shirlee the day after the auction to say how pleased they are with the painting. Norton said: Tell Henry that's not the way to ripen tomatoes-on a windowsill...
Died. William Benton, 72, former Democratic Senator from Connecticut and publisher of the Encyclopaedia Britannica; in Manhattan. Benton helped work his way through Yale as a high-stake auction-bridge player, later gave up a Rhodes scholarship and disappointed family hopes for a ministerial career to become a salesman, then an advertising copywriter. In the firm he established with Chester Bowles, he pioneered in radio advertising and programs that used studio audiences, and retired a millionaire from Benton & Bowles at 35. In 1943, as a vice president of the University of Chicago, he acquired the faltering Encyclopaedia Britannica from Sears...
...name Rolls-Royce has been synonymous with elegance on wheels for nearly three-quarters of a century. All the more embarrassment, then, when Rolls-Royce Motors Ltd. was unceremoniously put on the auction block last week by a British bankruptcy receiver to help pay off old debts...