Press: 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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