Show SAT SALE OV OF THE OREGON PACIFIC rAC ITIC only 0 with which to satisfy indebtedness ot of ft 11 million portland or july 27 th the e confair mattan matlon of 0 the sale eala of the tha or oregon I 1 gon pa elite cino railroad to IS L bonner and A 13 hammond extinguishes th tho a bonded indebtedness of 0 and interest held in the east and tile paid for or the tha road la Is all there appears to be to satisfy the of over tl incurred by the tha receiver since his appointment in 1890 the court tried long and earnestly to realize the expenses ot of the management ment of oc the property irom from the bale the court hoping tho the bondholders bond holdi holders would by reorganization buy the property arid pay olt oft the expense of 0 the receivers management fixed the minimum price at and at another urne time tl 12 but was unable to lo effect a sale the ills only remedy remaining was to sell bell the property for what it would bring which having been done the sale bale was confirmed by ishby le court that was acquainted N alth th the property and must have kal known 0 w 11 its t value tho the supreme court could do nothing but confirm conom tho the decree of sal gale the purchase la Is supposed upp oed to be liona bonn fide and it to Is said that john cladin of 0 11 B claflen co new york Is behind tho the deal everything connected with the railroad from beginning to end has been no fio muddled that no one outside of the th lawyers in tile the case his any definite understanding of its affairs |