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DEATH TAKES JIM FRASER NEW YORK, N. Y., June 8.— Jim Fraser, well known commissioner, died at his home, 1781 Riverside Drive, early yesterday morning from pneumonia contracted several days ago. He had been associated with racing for several years, and at one time was commissioner to T. W. "Chicago" OBrien. Fraser, of late, had been associated with the club house. He is survived by his widow and two children. Funeral services will be held from his late home Wednesday morning at 10 oclock.