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: LEXINGTON TRACKS DEBT REDUCED. Lexington. Kv.. May 26.— The directors of the Kentucky Association at a meeting today had before them the report of the committee of thoroughbred breeders reeominendiug the perpetuation of the stakes that had their inaugural running at the 1010 spring meeting here. The recommendations as to the number and added money value of the stakes were adopted, but there will be some deviation from the conditions as suggested by the committee. The conditions are to tie drafted at a meeting of the directors to be held next Monday, and they will then be announced to close on June 15. Two of the stakes far 1011. the Breeders Futurity and the Bluerass Stakes, each carrying an added money value of ,500. were closed last June. The directors authorized the payment of ,000 on the associat ions debt, which is now decreased to 2.00o. Secretary Garret D. Wilson informed the directors that he had made a sale of ,500 of the stock held ill ttie treasury to Charles H. Berryman. manager of Elmendorf Farm. Sheriff Dan W. Scott and R. L. Baker. It is intended to sell only suftici enl of this treasury stock to liquidate the debt and J. N. Camden has said that when half of it is dis-|K sed of lie will buv the other half. The stables of Rolla Drake and Jerry Taylor will be shipped to l.atonia tomorrow. The coming week the horses of J. T. Williams. Bob Flakes. Dillard Hill and How aril Dots will be sen! to the same track.