OCR Text |
Show PRIZE MONEY IS ON DEPOSIT j I New York, Maroh 19. The condition condi-tion on which tholAero Club of America Amer-ica is understood to be willing to give its sanction to tlie proposed around-the-world air race at the Panama-Pacific Panama-Pacific exposition namely, the deposit de-posit in a 'bank of 5150,000 in prize money, has been fulfilled, it was announced an-nounced here today by Arnold Kruck-man, Kruck-man, manager of the exposition's bureau of aeronautics. Mr. Kruckman 'Bald he received a telegram today from Charles C. Moore, president of the Pacific Aero club, stating that the money had been deposited with the Anglo and London-Paris London-Paris National bank of San Francisco. The matter of sanction will como up before the clpb for final action next week. , on |