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Topic: Calumet Farm


  
  Calumet Farm v
Calumet Farm and Allen engaged in several transactions regarding the breeding of horses and the sale of interests in broodmares and racehorses between 1985 and July 11, 1991, when Calumet filed for bankruptcy under Chapter 11.
Calumet donated its interest in the broodmares and the half interest in the racehorses to the partnership; Allen donated his half interest in the eight racehorses as well.
Calumet's books do have some bearing on the question of whether Allen exercised his option before May, but only indirectly, since Allen's notes were to be canceled only as a result of the transfer of Lucinda Lea.
tarlton.law.utexas.edu /dawson/cases/sales/calumet.htm   (0 words)

  
 calumet - Encyclopedia.com
calumet [Fr.,=reed], name given by the French to the peace pipe used by the indigenous people of North America for smoking tobacco; it consisted of a long, feathered stem, with or without a pipe bowl.
Calumets were particularly used at the conclusion of peace treaties and in ceremonies of adoption.
To refuse to smoke the calumet when invited was considered an extreme insult.
www.encyclopedia.com /doc/1E1-calumet.html   (0 words)

  
 Calumet County Official Website, calumet county, wisconsin, wi
The Calumet County Real Estate Inspection Report has several evaluation components and is often used voluntarily by realtors and other professionals to estimate the condition of an existing system.
In addition, Calumet County has a well abandonment ordinance that requires unused wells to be sealed with methods and materials approved by the DNR.
If your well is located in Calumet County, in a rural area, and it has been out of service for at least 3 years, you are eligible to receive 70% cost-sharing to abandon the well.
www.co.calumet.wi.us /departments2.iml?dept_id=47   (0 words)

  
 Miller, Griffin & Marks, P.S.C. | Lexington, KY
Calumet Farm later filed for Chapter 11 bankruptcy, and as debtor-in-possession claimed that the lifetime breeding rights were mere executory contracts and therefore the owners were left with mere unsecured claims.
Secured creditor of horse farm filed an adversary proceeding against bankrupt partner of horse farm claiming that the debt was nondischargeable in bankruptcy because farm and its partners failed to remit proceeds following sale of secured assets.
A judgment in favor of the secured creditor was reversed by the court of appeals, which ruled that retention of proceeds by horse farm after it sold lender's collateral did not constitute sufficient cause to except debt from discharge because lender supposedly was aware of farm's actions.
www.horselaw.com /index.php?b=equine_law_case_topic_04   (0 words)

  
 Continuing Calumet: de Kwiatkowski's Children Outline Plans - bloodhorse.com
Stephan de Kwiatkowski and his sister, Arianne, have a message for the Thoroughbred industry: The children of the late Henryk de Kwiatkowski are committed to the future of Calumet Farm.
A graduate of the Rhode Island School of Design and a former polo player, he is busy learning about the breeding side of the horse business, which he finds "fascinating." Arianne, a divorced mother of two, moved to Kentucky from Switzerland with her children late last year.
When my father bought the farm it was in a troubled situation, but he left it in a very good condition.
www.bloodhorse.com /viewstory.asp?id=20146   (0 words)

  
 Phelps Media Group International -- Equestrian Public Relations -- Wellington, FL
Lexington, KY - May 16, 2007 - Calumet Farms, one of most historic and beautiful farms in Kentucky, generously opened their gates for fellow horsemen on Monday, May 14.
Although the farm is not open for public tours, it was graciously made available by Arianne de Kwiatkowski for the equestrians from the horse show.
She led the group to the Calumet Farm cemetery, which has the headstones of their most famous residents, including Whirlaway, Citation and Alydar.
www.phelpsmediagroup.com /viewarticle.php?id=2891   (0 words)

  
 Whirlaway: 1941 Triple Crown Winner
The son of Dustwhirl was among the Calumet yearlings in the first year that Calumet's horses were trained by the legendary Ben A. Jones and his equally legendary son Jimmy.
In the spring of 1941, the primary goal of Ben Jones and Calumet Farm was a trip to the winner's circle at Churchill Downs.
As the end of the 1941 season approached, Whirlaway and a string of Calumet Farm horses were shipped to Santa Anita for the upcoming winter races, but the bombing of Pearl Harbor brought an abrupt end to racing on the West Coast.
www.spiletta.com /UTHOF/whirlaway.html   (0 words)

  
 Lexington, Kentucky is Horse Country
Many of the horse farms in Lexington offer guided tours, and I chose Calumet Farm because of the memories from my boyhood days and because of the unparalleled success of this farm.
Eleven of Calumet Farm’s horses were admitted into the National Museum of Racing Hall of Fame, and eight of its horses won Horse of the Year titles.
There is also a cemetery on the grounds of Calumet Farm, complete with headstones and statues where many of these equine champions are buried.
www.travellady.com /Issues/Issue69/69N-Lexington.htm   (0 words)

  
 "Dreamer" set entirely in Lexington, Kentucky
Some farm operators believe that the traditional white provides better visibility to the horses and is more attractive; fl requires less frequent repainting –a valid economic concern.
The farm traces its origin to Cabell's Dale Farm, founded by John Breckinridge (Attorney General under Thomas Jefferson) in 1793; his daughter married a Castleman, and the farm was renamed Castleton in the 1840's.
The farm was at one time part of Elmendorf, and includes a 38-stall oval barn with courtyard and training track.
www.visitlex.com /Dreamerdrivingtour.html   (0 words)

  
 USATODAY.com - Calumet owner de Kwiatkowski dies
But trainer John Ward Jr., who was president of Calumet when the farm was auctioned off, said de Kwiatkowski's determination to keep Calumet operating would remain beyond his death.
In 1992, with the farm facing more than $100 million in debts and still coping with the mysterious death two years earlier of Alydar, its leading stallion, de Kwiatkowski bought the Central Kentucky racing and breeding operation for $17 million in a bankruptcy auction.
When the auction was over, de Kwiatkowski said the farm would "remain exactly the way it is because that's the way I fell in love with it," a comment that endeared him to the region's equine fraternity.
www.usatoday.com /sports/horses/2003-03-20-de-kwiatkowski-obit_x.htm   (0 words)

  
 Find A Grave - Calumet Farm
Calumet Farm was the brain child of William Monroe Wright, founder of the Calumet Baking Powder Company.
Our Mims was bred by Calumet Farm and returned there for burial in their cemetery.
Eddie Arcaro was hired as the jockey to replace Wendell Eads, the contract rider for Calumet Farm because of lack of confidence.
www.findagrave.com /php/famous.php?page=cem&FScemeteryid=1321456   (418 words)

  
 J.P. King to auction legendary horse farm - Calumet Farm Real Estate Weekly - Find Articles
Calumet Farm, the legendary showplace for thoroughbred breeding and racing, will be sold at Absolute Auction to the highest bidder regardless of price, Thursday, March 26 at 11:00 a.m.
Calumet Farm is a highly developed, impeccably well-maintained operation with facilities for all facets of the thoroughbred racing industry.
Calumet is known worldwide for its beauty with lush Bluegrass, freshly painted white fences, and manicured properties and landscape, accented by blooming Dogwoods.
www.findarticles.com /p/articles/mi_m3601/is_n32_v38/ai_12098413   (435 words)

  
 Calumet Horse Farm In Kentucky   (Site not responding. Last check: )
The legendary Calumet Farm dominated horse racing during the first half of the 20th century appreciation racing for the history of Thoroughbred racing and of Calumet Farm.
Calumet Farm known for its historic setting and Kentucky Derby and Triple Crown winners is one of Central Kentucky's most beloved landmarks and boasts an incredible record of horse breeding and Downs Simulcast Network » Arlington
Kentucky Horse Farms Calumet horse farm Ann Auerback's investigational story is a compelling journey into a rarely discussed aspect of horse racing.
www.vileartrecords.com /calumet-horse-farm-in-kentucky.htm   (439 words)

  
 AgSelect.com - livestock equipment for the profitable farm
Calumet Farm in Lexington, Kentucky is the epitome of Thoroughbred racing with a record nine Kentucky Derby winners and two Triple Crown winners.
Calumet’s overwhelming collection of trophies is exhibited at the Kentucky Horse Park, where Calumet Farm has an entire section of the museum devoted to their horse biographies and winnings.
Unlike Claiborne Farm, you are driven around the farm in a van with a tour guide who points out all the items of interest, including the mares and foals, the dirt and turf tracks where the yearlings are trained for racing, and the nineteen barns, including one that is featured in the 2003 Seabiscuit movie.
www.agselect.com /ED/Features.cfm?&DID=11&NewID=76   (819 words)

  
 Lundy Finishes Serving Prison Sentence| bloodhorse.com
Former Calumet Farm president J.T. Lundy was released Tuesday morning after serving a prison sentence for bank fraud, conspiracy, and bribery convictions.
In 2000, a Houston jury found Lundy and Calumet's chief financial officer, Gary Matthews, guilty of intentionally and systematically defrauding the First City National Bank of Houston of $65 million in loans to Calumet through bribery and deceit.
Calumet filed for bankruptcy and was sold at public auction in 1992.
www.bloodhorse.com /articleindex/article.asp?id=26041   (0 words)

  
 Slowplay.com » J.T. Lundy, raider of Calumet Farm empire, released
Lundy bankrupted the farm that had never taken on a single dollar of debt before his tenure, and the disaster culminated in the death of supersire Alydar under mysterious circumstances.
J.T. Lundy, the former president of Calumet Farms, was released on Tuesday after serving nearly four years in federal prisons and halfway houses on charges of bank fraud, conspiracy, and bribery.
Lundy, who became president of Calumet in 1982, was sentenced to 4 1/2 years in prison in 2000, after federal prosecutors alleged that he and Gary Matthews, the chief financial officer of the farm, defrauded a Houston bank and paid bribes to obtain loans.
www.slowplay.com /archives/2005/01/06/jt-lundy-raider-of-calumet-farm-empire-released.php   (468 words)

  
 Tim Tam: 1958 Kentucky Derby Winner
Calumet Farm had routinely used the Derby Trial Stakes as a final test for their Derby hopefuls.
It was the seventh Kentucky Derby victory for Calumet Farm.
He was the broodmare sire of Calumet's Davona Dale, who won the NYRA Filly Triple Crown in 1979, in addition to the Kentucky Oaks and the Fantasy Stakes, on her way to honors as the Champion Three-Year-Old Filly.
www.spiletta.com /UTHOF/timtam.html   (0 words)

  
 The Killing of Alydar: Texas Monthly June 2001
After their marriage, Lundy bought a small farm and started a breeding program to produce racehorses, perhaps to show Cindy and her family that he was serious about his desire to head Calumet.
Yet once the two horses were retired to their stallion barns back on the farms where they were born, it was Alydar that everyone wanted to see.
He continued renovating the farm, installing a gazebo and a tennis court and a swimming pool (this one for humans).
www.texasmonthly.com /2001-06-01/feature4-2.php   (0 words)

  
 Calumet Champion Before Dawn Dead | bloodhorse.com
Before Dawn was the last of the Calumet Farm champions from the days when the farm was owned by Lucille Markey.
A daughter of Calumet stallion Raise a Cup, Before Dawn was champion 2-year-old filly in 1981.
Her third dam, Calumet homebred Twilight Tear, was 1944 Horse of the Year.
breeding.bloodhorse.com /viewstory.asp?id=32461   (0 words)

  
 John Stone Fitness: Books: Wild Ride: The Rise and Fall of Calumet Farm Inc., America's Premier Racing Dynasty
Detailed portraits of many of the Calumet favorites, especially Alydar, who's accidental death stopped the cash machine that was keeping the farm afloat in a sea of debt.
This is the story of the downfall of the premier horse racing & breeding farm as well as the death of the legendary racehorse stallion Alydar, due to, of course, greed.
Auerbach seems to grasp the basics of horse racing...but she apparently never actually visited the farm...several times referring to Keeneland (which is directly next door to Calumet) as several miles away...Since she's a Wall Street Journal writer, obviously the business side of everything is extremely sound.
www.johnstonefitness.com /store/shop.php?c=books&n=767746&i=0805042423&x=Wild_Ride_The_Rise_and_Fall_of_Calumet_Farm_Inc_Americas_Premier_Racing_Dynasty   (967 words)

  
 Wild Ride:The Rise and Tragic Fall of Calumet Farm, INC. America's Premier Racing Dynasty
Founded in 1924 by Chicago mogul William Monroe Wright, Calumet Farm was to the world of thoroughbred racing what the New York Yankees were to baseball or the Boston Celtics to basketball - a sports dynasty.
Through three generations of the Wright family, Calumet led, lost, and regained its preeminence as a breeding farm and racing stable only to lose everything, including the family's fortune, in the fourth generation.
Chronicling the history of Calumet and its fall into the depths of massive debt, this well-researched, fast-paced book sheds new light on the destruction of Calumet and exposes the excesses of the 1980s.
www.robtee.com /books/Wild-Ride_The-Rise-and-Tragic-Fall-of-Calumet-Farm-INC-Americas-Premier-Racing-Dynasty.htm   (573 words)

  
 CNN/SI - Horse Racing - Bids being accepted for Calumet trophy collection - Monday August 03, 1998 10:39 PM
Because the state and the Save the Calumet Trophies Committee have already made a $2.7 million offer that would keep the trophies on public display at Kentucky Horse Park, bidders must be willing to pay at least $2.81 million and must buy the collection in one piece, Guernsey's said.
Giving other bidders a chance to beat the $2.7 million offer is one of the final hurdles that must be cleared in the long fight to keep the collection on public display at the horse park, which has leased the trophies since 1982.
Ownership of the collection is claimed by a number of bankrupt heirs of the Wright family, which owned Calumet Farm until its collapse early this decade, as well as their creditors.
sportsillustrated.cnn.com /more/horseracing/news/1998/08/03/calumet_trophies   (651 words)

  
 ESPN Classic - Affirmed/Alydar was racing's greatest rivalry   (Site not responding. Last check: )
He was thought to be the standardbearer for Calumet's return to the greatness that it experienced in the 1940s and 1950s.
Retired to stand stud at Calumet Farm in 1980, he won 14-of-26 races and $957,195.
Affirmed, the 20th century's last Triple Crown winner, spent the rest of his life as a stallion at Jonabell Farm until he was euthanized -- at 26 -- on Jan. 12, 2001 because of complications from hoof surgery.
espn.go.com /classic/biography/s/Affirmed_Alydar.html   (1260 words)

  
 The Horses of Calumet Farm   (Site not responding. Last check: )
On June 16, 1964, Bull Lea died and was buried in the hub position of the Calumet cemetery beneath his half-life-size statue by Antonio da Costa.
He was officially retired at Arlington Park on July 28 and returned to the farm to assume stud duties.
In 1949, she was sent to Maryland with Jimmy Jones while Wistful joined the other Calumet division to prepare for the Kentucky Oaks.
www.imh.org /imh/cal/cal_hors.html   (3671 words)

  
 Three Chimneys
Rosenberg was far from a novice when he went to Calumet, but Cinnamon can vividly remember the expression on his new assistant's face when he told him the working day at Calumet started at three in the morning.
The grooms at the farm will handwalk each yearling for 45 minutes each day, but the catch for both groom and horse is that they don't stroll along the outskirts of the stud at all.
It was the aversion to shows that prompted him to try working on thoroughbred farms, but the pomp and ceremony with which some vendors approach the sales must remind Rosenberg of his former trade.
www.threechimneys.com /articles/shapingfuture.html   (1974 words)

  
 Calumet Farm - NTRA
Wright applied that same business acumen to Calumet Farm, which he inherited in 1931 from his father, William Monroe Wright, converting Calumet from a prominent Standardbred farm to a legendary Thoroughbred racing and breeding operation.
During this time, Calumet bred and raced (in partnership with Jurgen Arnemann) Criminal Type (by Alydar), voted Horse of the Year and champion older male in 1990.
The farm also bred 1991 Kentucky Derby winner Strike the Gold, which it sold as a 2-year-old … In 1990, Alydar died in a suspicious stall accident and Calumet's fortunes began to unravel because of questionable business practices.
www.ntra.com /stats_bios.aspx?id=3286   (0 words)

  
 Wild Ride: The Rise and Fall of Calumet Farm Inc., America's Premier Racing Dynasty @ New York Horse Racing - 2007 ...
Auerbach seems to grasp the basics of horse racing...but she apparently never actually visited the farm...several times referring to Keeneland (which is directly next door to Calumet) as several miles away...Since she's a Wall Street Journal writer, obviously the business side of everything is extremely sound.
This is the story of the downfall of the premier horse racing and breeding farm as well as the death of the legendary racehorse stallion Alydar, due to, of course, greed.
I vividly remember the reports in the sports section concerning the death of Alydar and then the financial collapse of Calumet Farm.
www.horseracingnewyork.com /review/horse-racing-history/0805042423/Wild-Ride--The-Rise-and-F.html   (695 words)

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