Write Finis to Turf Saga of Texas Cresson Farm: Forty-Six Racers from Estate of Fred Browning in Forced Sale, Daily Racing Form, 1954-06-17

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Write Finis to Turf Saga Of Texas Cresson Farm Forty-Six Racers From Estate i Of Fred Browning in Forced Sale FORT WORTH, Texas, June 16. Finis was written to the once bright saga of Cresson Farm here Monday when attaches from the Tarrant Countys sheriffs office sold on the steps of the courthouse 46 thoroughbreds, headed by the stallions, Valdina Lamar and Royal Answer, to satisfy the claims of Sid Richardson, Texas capitalist, against the estate of the late Fred Browning on an overdue note amounting to 2,000 plus interest to date. The forced sale attracted a number of horsemen, as well as curious sightseers. Only one bid was made and that was for 2,750 by attorney Lawrence Tarlton, representing the Richardson interests. T. P. Morgan, Texas horseman, and T. Grover Benson, Refugio, Tex., were among the out-of-town horsemen attending the action. No announcement regarding the future of the horses involved was made by Richardson or his attorney, but it is assumed they will be sold from time to time. Todays action was the only way Richardson could protect his investment, and the fact the horses had to be sold in one group deterred many would-be buyers in attendance from making a bid. Included in the group now owned outright by Richardson and his associates are the two stallions, Valdina Lamar and Royal Answer; 12 broodmares, 13 horses originally in training and regarded as possibilities for racing, and 27 younger horses, including sucklings, weanlings and yearlings, of which 17 were announced as being by Royal Answer, nine by Valdina Lamar and one solitary individual by Half Brother. Another condition of the sale that proved too large an obstacle for individual buyers was that the cash for the sale, all of it, had to be posted in the Tarrant County sheriffs office before 3 p. m. Monday.


Persistent Link: https://drf.uky.edu/catalog/1950s/drf1954061701/drf1954061701_50_4
Local Identifier: drf1954061701_50_4
Library of Congress Record: https://lccn.loc.gov/unk82075800