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WOULD LEASE LEXINGTON TRACK. Cincinnati Concern Makes Kentucky Association Proposition for Fall Meeting. Lexington, Ky., July 31. The Minyard-Kessler Company, of Cincinnati, a concern engaged in handling business investments and securities, has written to the Kentucky Racing Association, asking if it will bo possible to lease the Lexington track the coming fall for a race meeting of seven or ten days. They proposed to pay all purses and other expenses of the meeting and to give a cash guarantee that everything will be conducted along business lines, and asked for what sum per day the track could be leased under such conditions. Xo reference is made in the letter to the system of betting that the company expects to use in the even that they can lease the track. The letter will be presented to the directors of the Kentucky Association at their next meeting, but it is exceedingly doubtful if the proposition will be favorably received. A similar proposition was made by local people last fall, but the association declined to enter into an arrangement which would have yielded them a certain profit, and, instead, conducted a meeting at a loss. They take the stand that the Kentucky Association was formed for the promotion of the sport rat her than for financial gain, ami they much prefer to conduct the local track along lines that have been laid out, tending to improved racing conditions, than to entrust the management of a mooting to persons who mean primarily to make a dollar-gathering enterprise.
