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DIRECTORS CONSIDER NEW BY-LAWS. wy . December 14.— The directors of ..,„„,„„ the Association at their meeting this | ine Kentucky enlu*i.ivp | of prepared by a set by-laws » . GrS ?alcouehr and Secretary G. D. Wil-juuge - i» «■ •• . for perusal I t t u,v » them printed tCmbef the board before .etion on their vILt!! a*ndenT l«ns for next springs meeting r ™ Ucussel at some length, but no action will I 71 t.t* , iZ bab It until after the State Racing : If • JL J i.I« fixed the dates for spring racing : • iJH rSS « «* » "ne t,n,e tbbi week-