Show salisbury declared insolvent san francisco may 6 monroe salisbury the well known horseman has been declared insolvent by the superior court of alameda county the chief movers against are the bank of he chadbourne warehouse company H A arendt co and others holding claims altogether the real battle is over the affairs of the pleasanton stock farm which these creditors represented by attorney john stewart of oakland maintain is a dummy corporation and ia being used by salisbury to conceal his assets there is pending in the courts a suit of julius C rei a san francisco capitalist to recover from the stock farm on a mortgagee given as security for a joau made to salisbury by reis the alameda county creditors have attacked the validity of this mort aage claiming that it is aham they declare that the corporation had no richt to give it and that it should be annulled daring the taking of depositions in the matter mr reis made affidavit that the mortgage was given a security for a debt salisbury had contracted tr the creditors say that with abia mortgage out of the way they will be able to realize in full upon their claims |