Word: auctioner
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...that time in a public auction room at No. 18 Vesey St., Manhattan, Adrian H. Muller & Son will sell for J. P. Morgan & Co. the collateral pledged by the Brothers Van Sweringen for loans and accumulated interest now amounting to $50,000,000. Among the securities which the House of Morgan and allied banks took over when the loan fell due last May was stock-control of the holding companies through which the Van Sweringens rule virtually all their vast possessions. On the block will go about 50% of the common stock of Allegheny Corp., representing...
...public's interest in the auction will centre on the 2,064,000 shares of Alleghany, worth $3,000,000 at the market price. A notable procession of blasted business dreams have passed across the auction block of Adrian H. Muller & Son, including the shades of the Insull utilities and Continental Shares, once the pride of that other Clevelander, Cyrus Stephen Eaton. But never before has such a private empire been sold substantially intact...
...Christie's London auction rooms J. Pierpont Morgan's vast collection of miniatures was sold, in line with his program of getting his estate into the most liquid position possible before his death. Assembled abroad by his father, the 795 tiny, jeweled pictures were bought mainly by European dealers and collectors for $349,285, about two-thirds of what the elder Morgan is supposed to have paid for the collection...
Sold for $700 at auction in Denver were the trinkets of the late Elizabeth Bonduel McCourt ("Baby Doe") Tabor (TIME, March 18), remnants of a fortune estimated...
...once sold liquor in his general store, but I think my establishment is much classier." With a $5,000,000 mortgage on the property, Mr. Moley's good friend Vincent Astor year ago threw the St. Regis into receivership (TIME, June 18, 1934), last week bought it at auction...