Control Of Thistle Down: Gained by H. F. Neighbors and H. R. Allshouse--Plans for Cleveland Track Unknown., Daily Racing Form, 1928-05-28


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CONTROL OF THISTLE DOWN Gained by H. F. Neighbors and II. R. Allshouse — Plans for Cleveland Track Unknown. CLEVELAND, Ohio, May 26.— Complicated litigation involving the Thistle Down Company, operator of Thistle Down Park race track, came to an abrupt end unexpectedly, and late yesterday, when contracts were signed by H. F. Neighbors and H. R. Alls-house, minority stockholders purchase of the stock held by John H. McMillen, president of the company, and others. The property of the company was to be sold at sheriffs sale, but an entry cancelling the order of sale was made by Common Pleas Judge Pearson after the contract was signed. It was reported the purchasers paid 75c on the dollar for the outstanding stock, which would make the price about 25,000. All but 100 shares, the holdings of one man, will go to Neighbors and Allshouse, who previously held about 40 per cont of the stock. It could not be learned what Neighbors and Allshouse planned to do with the Thistle Down property. Neighbors declined to comment on his plans. This probably means that racing will be revived in Cleveland after an absence of a year. 1

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