Word: auctioner
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German museums have kept their excellent modern collections in cellars since the Aggrandizer of the Reich defined modern art as "degenerate." Last week they attempted to sell some choice examples of degeneracy on the international market. Up at auction in the big ballroom of the Hotel National in Lucerne, Switzerland, after having been displayed appetizingly for six weeks there and in Zurich, were 125 works by van Gogh, Gauguin, Picasso, Braque, Matisse, Modigliani, Lehmbruck, Barlach, Chagall, Hofer, Klee, Grosz and others...
...Countryes Territoryes and Regions hereby granted." The King was willing to relax the requirements, and instead of a ton of meat on the hoof and a pair of rambunctious rodents, accepted two mighty-antlered mounted heads and the choicest pair of beaver pelts from the Company's London auction rooms. Late that night the train stopped for the trip's most unusual welcome at Brandon, Manitoba, where 10,000 children in a floodlit natural amphitheatre cheered and sang. The King and Queen stepped into the crowd to be hugged and kissed (he had been backslapped at Ottawa...
...power in Indiana, George A. Ball, glass-jar tycoon of Muncie, was practically unknown when Oris Paxton Van Sweringen and Mantis James Van Sweringen called upon him in 1935. "0. P." and "M. J." were $50,000,000 in the hole and J. P. Morgan & Co. was about to auction their $3,000,000,000 railroad empire. At the auction George A. Ball bid in the empire for a mere $3,121,000. He was not a railroad man; he bought it for the Vans to run. But within a year the amazing brothers both died. He transferred control...
...franchise for a Manhattan subway was first offered at public auction in 1892. Although potentially it was probably the most lucrative franchise ever offered, it drew a lone bid of $1,000, which was promptly rejected. The city thereupon decided to build the subway itself and August Belmont, then a financial outsider, came forward to act as contractor. When the line was finished in 1904, his Interborough Rapid Transit Co. secured a lease to operate...
...share. Yet at year's end Ohio Goodyear still owed $752,000 and was worried over the tax on the profit made by selling at $50 a share the U. S. Rubber stock which had cost $18. Last week both headaches were solved at a public auction of the debentures...