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KENTUCKIANS TO DECLARE DIVIDEND LOIMSVILLE Ky March 15 It is understood that the directors of the Kentucky Jockey Club in ¬ tend shortly to declare a KM per cent dividend on the common slock of that corporation Recently the stockholders authorized an increase of 2000000 in the common stock and reduced the par value from 100 to 25 It is understood that as soon as the old stock is exchanged for the new that the stock dividend will be declared