Word: auctioner
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...minions are not wholly occupied by Mr. Geddes' public projects. They also help him to make games. For in esoteric circles gamester Geddes is acclaimed Manhattan's greatest. Auction bridge and poker are dismal to him, and so, with the fervor and precision of a half-mad mathematician, he creates games colossal in scale, appalling in complexity...
Bankruptcy. A business man possesses $50,000. He owes $200,000. He goes, or is thrown, into bankruptcy. A U. S. court takes over his $50,000 assets, turns them into cash at auction, equitably distributes the proceedings among the bankrupt's creditors in extinguishment of all claims, at the rate of 25? (less court costs) on the dollar. He is discharged free of debt, but with his credit badly blotted...
...Court Auctioneer is likewise in a position where graft can be a sore temptation. By forced sale he turns possessions into cash. He may conspire with a few choice buyers to undersell assets to them at a bountiful profit which they graciously and secretly split with him. He may rig his auction books to show low sale prices, pocketing money that should go to creditors...
...mail, pending further postal arrangements in Central America, was to have been carried. Philatelists were charged with responsibility for the violation. Col. Lindbergh was not reprimanded. In Manhattan, last week, a stamped envelope carried over the North Pole in 1926 by Commander Richard Evelyn Byrd sold at auction...
Recently the Metropolitan Museum announced an auction sale of paintings no longer deemed worthy of wall space. Last week the euphemistically-termed "surplus" art was sold. The highest price was $3,500, paid by Circusman John Ringling for Hans Makart's Diana's Hunting Party, a giant canvas (15 by 32 feet), garish and breezy as a circus poster. This will hang in Mr. Ringling's sunny, spacious museum at Sarasota, Fla. For more than 100 pieces the museum received $53,442. Meticulous connoisseurs called it sheer profit, good riddance...