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PICAROON IS DESTROYED SPECIAL CABLEGRAM LONDON England May 20 The five yearold Picaroon by Beppo Ciceronnetta by Cicero which had been suffering from septic arthritis was destroyed at the Vet crniary College here when his case was pro ¬ nounced hopeless Picaroon was a first class racr horse but extremely unlucky Insured originally for forty thousand pounds thrty thousand was allowed to expire The 50000 insurance has been paid The source of the thoroughbreds malady always had been obscure