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THINK WELL OF TIM KELLY. Nashville. Tenn.. May 7 —Tim Kelly, the two-year-old by lhoenix — Iansette. whicli ran in the fifth race at Louisville yesterday, is expected hen to develop Into a good colt. It is said that he worked a quarter of a mile in 2:: at Cumberland PMll two weeks ago and that an offer of Jt.I.ooo from Bill Phillips was refused by his people. While »he colt races in the name of C. A. Allen, it is understood that the real owner is A. B. Silvers. a colored man. who is a member of the local Pre department.