Monday, Jan. 18, 1937

Tennesseans Sold

Since 1933 the morning and evening Nashville Tennesseans, relics of the financial empire of Promoters Luke Lea and Rogers ("Bank on the South") Caldwell. have been operated by a receiver. Last week, on a Nashville sidewalk, the receiver sold the Tennesseans to Nashville's home-grown Financier Paul Maclin Davis, long-time Lea & Caldwell foe. who was sole bidder. Price of the Tennesseans: $850,000. Liabilities: $1,279,238.

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