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DIVIDEND FOR LUCKY KENTUCKIANS LOUISVILLE Ky May 2S The directors of tho Kentucky Jockey Club held a meeting at tho offices at Churchill Downs Saturday morning and in com ¬ pliance with tlie provisions of their charter retired fifteen per cent of the outstanding preferred stock The drawing was done in the presence of the di ¬ rectors by Morris 1 Sachs and Benjamin Dudley preferred stock holders holdersThe The directors also declared a stock dividend of OIK hundred per cent on all outstanding common stock if the corporation this action being based upon the appreciation in value of the four plants Lexington Churchill Downs Douglas Park and La tonia this appreciation being caused by the in ¬ crease in tho value of tho real estate and the im ¬ provements made at the various tracks
