£315.000 BID

Manawatu Standard, Volume XLVI, Issue 174, 24 June 1926, Page 2

£315.000 BID

BUT MORE AVAS WANTED. WEMBLEY AUCTION. LONDON, June 15. There was an amusing scene at Wembley when the British Empire Exhibition buildings were offered at auction. The auctioneer. Sir Frank Howard, asked: “Who will bid half a million. A worried-looking man in spectacles called out: “I’ve got a lot of questions to ask,” and began to read a rambling history of tne Exhibition. Sir Frank Howard interrupted him and asked: “What will you bid?” The man, waving his papers in the air, shouted: “I think I’m entitled to the property because I got 10,000 bonds. I’m a peaceful man, but I’m going to win.” Sir Frank Howard replied: “I’m sure you are.” 5 After this the man in spectacles subsided. The first offer of £200,000 advanced by £IO,OOO bids until £300,000 was reached. A man responded to the auctioneer’s invitation and bid £315,000. Sir Frank Howard asked if there was any advance, but his question was received in silence. He then announced that he had a better private offer, which he expected to complete before night. The proceedings lasted ten minutes.