view raw text
INCORPORATE KENTUCKY JOCKEY CLUB Prominent and Wealthy Kcntuckians Back of Now . Organization Close Deal Today. LOUISVILLE; Ky., February 13. Tlie owner of the Latonia and Douglas Park tracks will meet P. J. Hanlon, representing . tin; Kentucky syndicate which has purchased tlie .four big racing establishments of tlie Blue Grass State, tit Cincinnati tomorrow to ratify the sale of the trucks und receive tlie purchase price. The new organization purchasing the tracks will be Incorporated IMnrtli 1 us.the. Kentucky1 Jockey Club, witli ,000,000. seven per cent preferred stock aud ,000,000 common. The principal backers of the syndicute are Robert W. Bingham, millionaire owner ofniic Louisville Courier-Journal and Tithes; Alvin Hert. millionaire Republican committeeman: .Tainetf B. Brown, president of the largest national liauk in tlie south; Luwreuce .Jones. hikI P. J. Hanlon. retired capitalists, all of Louisville, and Senator Johnson N.- Camden of Versailles. ;Bdward Sims arid E, It. Bradley, prominently mentioned in the early stages 6f the deal, are not a yet in it, according to the latest reports.