Times Sold At Auction

TIMES SOLD AT AUCTION

---------------------------

The Real Purchaser Not Yet Definitely Known.

---------------------------

BIDDING WAS NOT LIVELY

---------------------------

Plant, Newspapers and Receipt Book of Ann Arbor Printing Co. Sold for $10,550.

---------------------------

The plant of the Ann Arbor Printing Co., Dr. Chase's receipt book, the Times and the Courier were sold at auction Saturday for $10,550. The purchaser was George F. Kenny, of Detroit, of the paper company which is the principal creditor of the company. 

The plant will undoubtedly go to Richmond & Backus, of Detroit, who, it is understood, design running a branch of their Detroit establishment in this city. 

The bidding was not lively. The highest bid received for the newspapers alone was $3,500, by Kenney; for the newspapers and plant to print them $4,500 by Kenney. The highest bid for the entire plant outside of the newspapers and receipt book was $6,500 by George H. Bowler & Co., of Cleveland, machinery dealers, who would buy to dismantle it. Richmond & Backus bid up to $5,600 on this. Richmond & Backus were the highest bidder for the plant excepting newspapers and newspaper plant, $5,500. F. B. Dickerson bid $525 for Dr. Chase's receipt book, plates and copyright. Thompson & Thomas had a bid in for $500. 

This made the various parcelas figured up separately, in any way you figured them $10,525. After a long wait the tie was decided by Mr. Kenney bidding $5,550 for the entire plant, receipt book and newspapers, and the property was knocked off to him, the sale being subject to the confirmation of the court. 

It was generally understood that the purchaser waa simply making a combination bid, the plant to go to Richmond & Backus. tbe newspapers to Gen. Ainger, who was buying them for his son-in-law, Arthur Tomlinson, and the receipt book to Dickerson. Anyway, the Times and Courier will be sold by Mr. Kenney next week. 

The price at which the machinery went was ridiculously low.