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SALE OF CITY PARK TRACK RUMORED. Report in Circulation at New Orleans That Property-Has Passed Into Possession of H, D. Brown. New Orleans, La., August 29. II. D. Curley Brown, it is announced, has purchased outright the City Park race track, with its grandstand and grounds appertaining, for 350,000, 5,000 of which already has been put up to bind the deal. News of the sale of the big tract 1ms just leaked out though the deal was consummata-d more than a week ago, according to the report. J. L. Ouo-rato, local real estate agent, acted for Samuel T. Woodring and James W. Gardner, owners of the When asked to confirm the sale, Mr. Sroperty norato said that it was true that he had sold a piece of property valued at 50,000 but would not admit that it was the City Park race track. "I will be ready to give out the. details of the big deal- in about ten days," said Mr. Onorato. However, the report of the purchase of the track by Brown was received in local real estate and racing circles as being authentic, even the details of the transaction being known. Under the terms of the sale, Mr. Brown is to pay 0,000 cash 5,000 more than he has put up immediately on his return from New York. The rest of the purchase price is to be paid in four equal annual installments of 5,000 each, with interest at six per cent.- per annum, the new owner to pay the taxes for the present year. As a result of the announcement of the sale, the Business Mens Racing Association, which was considering the purchase of the property, will give up all idea of buying it. Members of the board of directors of the association have met and passed a resolution that the association should devote the whole time to the operation of the National Live Stock and Farming Show, scheduled at the Fair Grounds early in November, and also complete plans for a race meeting which it hopes will eclipse that of last season. It was decided further that the-association will adhere to its original dates opening December 15 and closing Mardi Gras Day. The announcement of the sale of the City Park nice track came as a surprise to many of th directors of the Business Mens Racing Association, as that organization had nearly completed arrangements to take over the site. Only a few days ago the racing association agreed to pay 75,000 for the property. 5,000 in spot cash and 5,000 more at the end of the coming meeting. The rest was to be paid in yearly installments of 5,000, with interest at five per cent. Failing to prevail upon the Business Mens Racing Association to lengthen its season and split the racing dates, it is not known whether Mr. Brown will openite in opposition or after the Fail-Grounds meeting closes. The Business Mens Racing Association announced that it would not divide its dates and that it intended to go ahead with the original plans just as if the City Park matter never had come .up. All of the gentlemen named, with the exception of Messrs. Long and Middleton, met on the date and at ihe time and place designated and wrote the following conditions: "The Kentucky Sold Cup. valued at ,000, with dollars in money in addition, of which the second will receive dollars and the third dollars added to a sweepstakes of 5 each entrance, 5 additional to start, for three-year-olds and upward; three-year-olds to carry 112 pounds, four-year-olds 122, others 124; mares and geldings allowed three pounds; two and one-quarter miles." These conditions were submitted to the commission at its meeting in Louisville, Saturday, June 3, and secretary Sam Nuckols was instructed to ascertain if the other members of the committee approved of them and report back any suggestions or changes they might make to the meeting of the commission called for June 24 at Latouia. There was no meeting at Latouia on that date and there has been no meeting of the commission anywhere since. The stakes for Churchill Downs, Douglas Park and Latouia have closed and no bids for this race have been asked. The horsemen, who inspired tho race as an incentive to the revival of long-distance racing, are quite put out over the fact that the commission has delayed action, until the associations at Louisville and Latouia may decline to bid for the race, on the ground that they each have a handicap, Douglas Park at two miles and Churchill Downs and Latouia at two and one-quarter miles.
