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R. L BAKER TO RETIRE FROM RACING Resigns as Manager of the Lexington Track and Offers Kingston Farm for Sale. LEXINGTON, Ky., November 12. 11. L. Baker last night announced his resignation as manager of the Kentucky Jockey Clubs Lexington track to take effect December 31, and his retirement from active business by March 1 next. His resignation, growing out of his decision to retire from racing, was addressed to president .T. N. Camden, vice-president ami general manager M. J. Winn and the board of directors of the Kentucky Jockey Club, and was mailed in duplicate last night. It is part of Colonel Bakers plans to sell Kingston Farm, the magnificent thoroughbred breeding establishment on .Bussell Cave pike, and he said last night that two breeders, one of thoroughbreds and one of trotters,, have priced the place, the latter having made a bid in excess of 5200,000, which was not accepted. This decision on the part of Colonel Baker will be received with surprise and regret by the people of Lexington and vicinity, where he has come to be known as one of the best and most successful business men of the blue grass region. He has engaged in many enterprises since he started life in his teens as a stockman and trader and he has never been a failure in any of them. AVhen he became identified with the management of the local race track the Kentucky Association stock was selling at par. When it was sold last winter to tlm Kentucky Jockey Club the original stockholders realized for every invested. Under ids management this year the track showed its greatest returns, both to its owners, the horsemen and to the public as well, for the racing was of the best. There is here no intimation as to who may succeed Colonel Baker as manager of the local track. Colonel Baker left today for Louisville for a minor operation, which will keep him in his room for several days.