In Re the Liquidation of Spokane Savings Bank

July 29, 1938, Geo. H. Jackson, supervisor of banking, through his deputy supervisor, H. S. Wilson, in charge of the liquidation of the Spokane Savings Bank, petitioned the superior court of Spokane county asking for instructions concerning the sale of real estate owned by the bank situated in the city of Spokane. In his petition, the supervisor reported two bids for the property. One bid was made by Maurice J. McHugh and wife in the sum of seventy-three thousand dollars, payable ten thousand dollars in cash and the balance at the rate of five hundred dollars or more per month, to include…