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THAT GATES-CORRIGAN LAWSUIT. Lexington. Ky.. May 5. — Commenting on the suit brought against him by John W. Cafes. Ku Corri gan says that Gates on the elate named in tlie suit had purchased for him 385 shar-s of the- alack in the New Orleans Jockey Club, and that to further secure him In- had deposited with him 10$ shares additional of flu- same stock, the par value- of tiho stock being $ IS. olio. Mr. Corrigan said farther that In- had been disappointed iii receiving promised nioiie-y to meet the- obligation, anil that last February, while he was siefc j„ |M.,i at .New Orleans. Catos had ne.tihe.1 him that within a few davs In- would Offer the stock for sale. "It was al that time." said Mr. Corrigan. "a physical impossibility for inc to protect tin- sb.e-k. V hero if is now and who has it I do nut know, but it is certainly worth more than .::4s for the Ity Park race- track can be- sold anv dav for the liar value of tin- stock."
