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WHEN MONTROSE WON THE DERBY. Louisville. Ky.. May 7. — Among those who saw Pink Star win the Kentucky Derby yesterday was Alex I.abold. who. with his brother, owned the wrteterr of the Baity of twenty years ago and who. thraagh the recent purchase of Chulita and other two year iihls. has come back for the glories of racing. Montrose was the horse that carried the I. ahold colors to victory in lie Kentucky Derby of 1N.S7 and it is written in t lie turf history of two decades that these I incinnat ians and their friends took fully iflOtUHH from the pockets of the men who made future books on that race. A sum still larger was actually won. but all of the bookmakers did not make good, and some of the ones that backed Montrose iu lss7 are still holding the tickets. Montrose was the second choice at a short price when the winter 1mm. ks closed. At the track on the day of the race he was about the longest shot in the race, and it was easy to obtain M to 1 against him in tin- auction p.M.ls. Banbitrg. trained by the late Jim Murphy, and owned by a man named Mor-rteeey, who had made a million or more in mining, wa~ the favorite, and he failed to finish inside the money. Jim Cine finishing second and Jacobin third. Mr. LalM.ld got to talking over the olden days and said a few tilings aUutl John McCinty, the man who trained Montrose for his Derby triumph. Met. inly was a splendid conditioner, and he knew when a horse was ready, lie had one failing, aud that an awful thirst. "McCinty was a great trainer." said Mr. Lahold, "and an excellent judge of a horse. But he could not curb bis appetite for strong drink, and we were forced to let him go. Why, the day Montrose went to the post for the Derby. McCinty was so badly off that he couldnt saddle the horse, aud he stood leaning against the stall, while George Cadwallader did that pari of it. " All right, George,1 said McCinty. you saddle the horse, hut Ill give the instructions. And lie did. He told Isaac Lewis to go to the front and stay there. There was a lot of protesting about these orders, but McCintys went and Montrose led from start to finish. "Yes. we won a lot of money on that horse. So much that we turned the stakes over to the trainer, jockey and stable help. 1 think the amount was about ,2 N . "After we let IfeGlaty go I did not see him for some lime. One day lie came to see me and said: Mr. I.abold, I am iu distress. Of course, 1 ought not to come to you. for you gave me every chance in the world to do well, which I failed to take advantage of. I dont want any money. There is a horse over at Latonia that 1 can get pretty cheap, and I am sure that I can make a living with him. I want you to buy him and let me train him. "I learned from him that the horse had fallen into the hands of Ceorge Webb, who was at that time the track superintendent of Latonia, and that $.- 0 was the price paid. I went to the track and saw him work a mile in 1 :4t wih a man weighing aheal 17 pounds up. Tim t looked pretty good to me. and I asked for the price; 01.801 was demanded, hut I secured him for a little less than that. His name was Jack Richelieu. He won mauy races and 1 sold him for $:S. 00. I bet on him on McCintys advice when I did not think he had a chance, but he won just the same. "Poor old John — he certainly knew a great deal about a horse."