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0VsePortlandersMakeeKaBid on TVcr i we sai fai culIntartThe Alert Acceptance Corp. of Fn '* Portland submitted the apparent Eu 1 high bid Friday evening for the sta l* purchase of KNBS-TV. The bids! \ , were opened by Gene Golden, dj. ! court-appointed receiver for the faj Walla Walla station in bankruptcy 0p, I court. se;[J The high bid is subject to the w£ j_ approval of Michael J. Kerley, r . referee in bankruptcy, Spokane, lir e'and the Federal Communications ha y Commission. The operating per- thlt; mit for the station, which went off the air Dec. 15 and filed volun-tary bankruptcy proceedings, was not relinquished.thdeFrofprThe Alert Acceptance Corp. submitted a bid of $50,000 and thepurchaser agreed to assume outstanding liens and mortgages,which have been listed at about or$27,000, Golden said. Two other inbids were received, but Golden tan did not reveal the amount or the ( firms submitting the offers.Members of the Portland firm re e include Jack Day, vice president th e and general manager, and Edward R Stanton, an advertising and public tarelations man, IinsfoH*! “We intend to get the station ,s back on the air within a maxi- SJ 11 mum of 60 days/’ Day said.is t ri. As soon as the bid is accepted tby the court, the firm will file tj(Please See Page 5, Col. 7 I tr
Newspaper Details
Walla Walla Union Bulletin
Walla Walla, Washington, US
Sun, Jan 15, 1961
Page 1
Full Page
Clipped by
Sammi B.
NA 27 Feb 2021
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