Education: St. Mary's Auction

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After the auction the bondholders' committee, asked about their plans for the college and the 380 students they have on their hands, declined to divulge any. Equally silent were the Christian Brothers and Slip Madigan, who has sworn that he will "never work for a banker." Best guess last week was that the Brothers would lease the college and open it in the fall, that Slip Madigan would be on hand to see that his Gaels meet the University of California in their first big game scheduled for Sept. 25.

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