Show MOtION TO 10 STOP SlOP MORTGAGE SALE SAl Of MINE ARGUED Involves Glenallen Mining Min Mm ing Company IS CLAIMED Foreclosure Alleged to Be Prejudicial A motion to set asIde a mortgage foreclosure sale oJ of the property or of orthe the Glenallen MInIng company to satisfy a mortgage for Cor held against the property of the company by PrIn Prince e Francisco or of the old reIgning house of Savoy of italY was waR argued before Judge Elias Ellas Hansen of Provo sitting in judge M. M L. L Ritchie's court Tuesday The case was brought In the distrIct district dis- dis court at Provo but because all allot ot of the parties most Interested resIde re- re e sIde In iii Salt Lake the court came here to hear the matter Instead of ha havIng ving all the parties to the action journey to Provo The motion to set aside the sale was made by the Ocean AccIdent and Guaranty company which has a claIm against the mining company for on account of compensation tion Insurance carried with the Insurance Insurance In- In company It Is contended In the petition ot of the Insurance company that the foreclosure sale was prejudicial to the Interests of creditors and void because It was washid washid hid In by WIlliam Anderson a Cormer former for for- mer president of oC the mIning company corn com pany who use because of his fiduciary capacity with the company had gained information and knowledge that enabled him to bId In and take over the property for Cor the amount of the judgment In favor or of the prince to the exclusion of af the Interests of other creditors An extensive array of l legal gal talent was In court and the arguments I gave promIse of oC continuing most or of orthe the day In the orIginal suit which was tried Judge Hansen sitting i here some months ago the prince contended that efforts had been made to freeze him out and to tok I k keep ep tr r m collecting his notes The court gave him judgment for fOl forthe the amount of the money alleged to i have been advanced by him to and the property o ot the company corn com pany was ordered sold to satisfy this Judgment At the sale It was bid In 0 by for the amount ot of the judgment It Is said Now the Insurance company Joined by and representing EacH and other creditors Is seeking to have the sale set aside as being Improper Improper Im- Im proper and prejudicial to the Interests Inter Inter- eats ests of other creditors |