The Nation - News from Jan. 27, 1988
The four-day auction in Houston of possessions belonging to former Texas Gov. John B. Connally and his wife, Nellie, ended and netted more than $2.6 million, auctioneers estimated. Connally, 70, had actively promoted the sale for months to help repay his creditors. The three-time governor and former Treasury secretary under President Richard M. Nixon last year filed for bankruptcy stemming from failed real estate ventures. He said last week he was about $48 million in debt. Bidding was suspended for one day Monday to give Hart Galleries time to clear out items already purchased.
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