Friday, August 12, 2011

Livestock market sells for almost half million

The West Kentucky Livestock Market in Marion sold at auction this morning for $495,000.

Riley Livestock of Mayfield and Dr. Randy Littlepage of Madisonville purchased equal shares in the local market. Riley Livestock operates cattle sales in Ledbetter and is part-owner of the Owensboro market.

Crain Auction Co., of Hardeyville, Ky., sold the facility as ordered by the U.S. Bankruptcy Court of Southern Indiana. The sale was prompted by the personal bankruptcy of one of its owner, Thomas P. Gibson.

The local market had been closed since last October.

For more, see next week's printed edition of The Crittenden Press.