Show THE U P IS SOLD government will get IT WAS A T TAME A A AFFAIR JF FAI R the ise organ organization izadi on conIn commit lit tee the only bidders S ti clark to be president OMAHA neb nov kov 1 I the union pacific ro rod d proper including the buildings and all that goes to operate the system was this morning sold to the reorganization organization re committee for he tj e sum of this amount does not include the sinking fund in the hands bands of the government and taking this to be the amount stated in the government decree covering the sale of the road the total paid for the property is 76 there were no other bidders and the road went to the reorganization organization re committee without any opposition the sale eale of the road was in itself one of the tamest and most uninteresting per formantes for frai mances ances poss possible ibie to imagine under the terms of the sale the purchasers have ninety days in which to pay over the full fall amount of the purchase money and that part of the transaction will bs ba carried out in new york in the future the government has now the sinking fund of the road and the amount of the guarantee gaa rantee check put up by the reorganization corn com cittee this is ia just juat about ten per can cent of 0 the full purchase price ol of the road the members of the tha committee had nothing to sav after the sale was over attorney winslow said that regarding the future manag n n t he had nothing Do to say bt b t i vill tor for tue the time being left in the juanda of the present receivers who will run it ic as they have been running it with the sole bole diff difference er that they will be responsible to the reorganization committee instead of cf the government when the committee has perfected all its arrangements it will relieve them the future head of the read will be S H clarar clarac the former president if his bis health will permit him to take the position he had been expected at the sale today but was confined to his home in st louis by illness |