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Another farm has been sued by Fifth Third Bank after defaulting on over $14M in bank loans. The Midway, Kentucky based breeding operation Stonewall Stallions was taken by surprise by the filing in Fayette County Circuit Court. A spokesman for the farm said they were negotiating with the bank to turn over several bloodstock to the bank. The majority farm owner and her son have personally guaranteed the loans, also. So much for communication when dealing with banks these days. I see the same type of thing in my business, any technical default of a loan makes it fully susceptible to be called by the bank. According to the DRF, "the farm stands the 2005 champion turf male Leroidesanimaux, A. P. Warrior, Doneraile Court, Strong Contender, Unforgettable Max, and Value Plus in Kentucky. At its Florida division, Stonewall Farm Ocala, it also stands British Blue, Da Stoops, Frisco Star, It's No Joke, and Spellbinder; the Ocala farm recently pensioned Marquetry."
If you like free handicapping contests, plenty abound today. The Monmouth Park Survival at the Shore starts back up today. I made a pretty good run at this contest last year, was within strking distance of the Top 10 with 2 weeks left and had a lot of fun doing it. They provide free BRIS PP's for the daily contest races and I developed an understanding of the track biases and jockey colony. Equibase and TrackMaster have a contest running today on eight races at Arlington Park, which looks to have a couple nice turf races today. Finally, the Knight Sky Racing Blog offers two free contests this weekend for Jersey Shore bragging rights. The Decathlon Stakes (Saturday) and Spend a Buck (Sunday) are his featured weekend races.
Enjoy the weekend and party on, Wayne.
Saturday, May 22, 2010
Stonewalled and Contest Saturday
Posted by Gene Kershner at 9:44 AM
Labels: Contests, Handicapping, Survival at the Shore, TrackMaster
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2 Comments:
I love these contests-especially the "Survive and advance" type going on at Survival at the Shore. It's day 1 and I am alive-sweet! Good luck
Thanks for the plug Space man. It's a pleasure doling out the cyber-dollars to you, SaratogaSpa, Amateurcapper and others.
Ernie, however continues to be MIA.
I guess I'll have to kick it up a notch to get the very best of the handicapper/bloggers on the web. ;-)
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