Show american trust co seeks foreclosure denver colo dec 21 the case 0 the american loan tr trust u a t company against the denver lead v ille gunnison railroad Hall road company compan Y and others came up in the united stat slates e s court today it being the intention t to 0 ask for or a decree 0 of sale under foreclosure of 0 the mortgage willard teller appeared f or the union pacific and asked leave to tile lie a cross bill the purpose of 0 which was to have the court determine the amount and priority of the claim of the union pacino ap against the denver leadville gunnison Gunn lson property for money expended in the operation ot of the south park in excess ot of the earnings ot of the property while the union pacific receivers were in control the amount claimed Is 5 charles tf Water waterman imin representing the south park bondholders bond holders argued that thal the receivers receiver 0 of the union pacific aper operated abed the property by virtue of 0 the union pacifica ownership ot of the stock of 0 the denver leadville gunnison Gunn lson and could have no rights as against the mortgages mort gaZes which any stockholder might not have and therefore their baim for losses sustained in the operation of 0 the property could not properly be set up as a prior lien to that of 0 the mortgage judge hallett took tho the matter under advisement |