Commercial Bank of China the Purchasers An application was made to the American Assessor Jacobs)
Court on Wednesilay by the Court Accountants for confirmation of the jzale of the "Evening News." Objection was made to the sale by the "China Press."
'Mr. J. W. Schoenfeld' appeared for the "Evening News;" Mr. H.
Snyder for the "China. Press;"" and Mr. F. P, Musso for the Commercial Bank of Chins The "China Press" and the Commercial Bank of China, it" appears, both secured judgments' against the "Evening News," the latter having mortgage which was not foreclosed.
Consequently, on Mr. Snyder's application for execution, the Court ordered that the por should be sold by pub-tender, the advertisements to be issued by the Court Accountants. This was subsequently done and the Bank, on behalf of its clients, offered' the highest amount, i.e, $1: 000, The next tender offered $5,-
000, The Court yesterday approved of the sale of the "Evening News" under order of the Court on Neve ber 24, 1924, to the Bank of China and the Court countant were authorized to issue 'a simple bill of sale to the purchasers. The accountants were instruct. ed to prepare a final report which shall be set before the Court for approval. If any objections were raised by any of the parties' interested, the matter could be brought to the attention of the Court,
Text read from the printed page and cleaned; old type leaves the occasional error.