Show BID BI RAISED Sixty Thousand for Half Inter Interest Interest est in Firm FirmI I I BY G PARTNER PARTNERS S H If Ht PROTESTS AG BID BIDI I Determined Det to be the highest and best teet bidder tor ibi fn tb 0 half au interest of o the estate of ot the tRe late iste Frederick H Auer Auerbach Auerbach Auerbach bach inthe In merca business bu of F FAuerbach FAuerbach FAuerback Auerbach Auerback Bra Samuel nuel H Averbach laeh j his bid to ta or orin in ex excess of oC the amount am of offered offered fared by bf Robert G 0 WIlson when bids were opened last Saturday Sat Mr Auer vhs first Apt fi st bid 11 was ws for tor 64 The oKer offer of Mr Auerbach for the half haI interest In the mercantile business ap appeared appeared appeared in IR a petition filed yesterday by y his attorney Osden Hues In fa the Ute pro probate probate bate division of the district court pro protesting prote protesting testing te against t the acceptance of or the Wilson WU Md bid as recommended r by Theo Thee Theodore dore dare Meyer and d leadore I Meyer Mytr the sue sur surviving executors of 01 the will of Freder Feeder Frederick ick H Auerbach and nd urged by Judge Py rey attorney for Mr Wilson on II The re en return return turn of ot sale stated that the sale had been regularly re made find end that Mr Wil Wilsons sons seWs bid exceeded Mr pro proposal proposal al po by and was greater than the appraised ed value of the estates half interest interestS S H If Protest The protest of Samuel H Auerbach stated that the will of or his deceased decea ed brother end and partner provided that the business should be wound up so no as not notto notto notto to work injury and hardship bip hard upon pon the surviving partner and nd cited also that his bid was 18 made In m good faith tot for the purpose of assisting to close cloe up the es estate estate estate tate without detriment to the estates interests ta He also represented that his own property and antl am Interests Interest k in hi the mar mer mercantile cantile business are re so implicated with the th property and interests of the estate that it is 18 make a 8 segregation without loss ION and injury to himself I making it advisable in the interests of himself and the estate of hit hiss deceased brother to pay more than the fair market value of the half balf shore share in the business Therefore he offers 00 for forthe forthe forthe the to 10 o be sold in advance of Mr MT Wilsons bid bidAs bidAs bidAs As an u evidence evi of good faith Mr MrA A Her bach tendered a certified check of 0 which with the already deposited makes the full amount of offered offered br bv him hint Mr Auerbach stated staled in his petition that he expressly iHy reserves and asserts werts the right as sole surviving partner to retain possession ses po ion of the mercantile firms goods and to dispose pote of and ac account account i count for them in the ordinary legal way as surviving partner if his bid shall haU not be accepted and the property sold to him beta h m I Judge Hall postponed the hearing of the contest until a future date to be beset set ett this morning From Froen the suggestions I made by Judge Marshall attorney for tor forthe forthe I Ithe the executors K It seems seenia probable that the tIle court will order a and a resale resa II Mr Wilson stated last Jut evening that he would still mill contend that his bid ought t to ti t hold good under the be terms of i sate sail notwithstanding the raise ml e made de deby by Mr Auerbach h If the court sees ees I itt fit to set et a new price upon the stock stuck said III he we hold that tm t we should have havea I a prior right to purchase at that price I |