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LEXINGTON TRACK SOLD LOUISVILLE Ky January 1G Reduction of the capital stock of the Kentucky Jockey Club was announced at a meeting of the Jockey Club stock ¬ holders here yesterday The origi ¬ nal 1000000 preferred stock repre sented by the reduction has been called it was said The track at Lex ¬ ington Ky controlled by the Ken ¬ tucky Jockey Club and founded by the old Kentucky Association in 1828 was sold to a Lexington syndicate headed by T C Bradley BradleyThe The fortyninth Kentucky Derby will in all probability be run on May 19 a deviation from tradition of se ¬ lecting the first Saturday in May This avoids a conflict with the Preakness Stakes at Pimlico May 12