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LIBERTY LIMITED FOR KENTUCKY DERBY i--------- 4 NEW ORLEANS, La., Jan. 18. Liberty Limited, most highly regarded of the three-year-olds in the Three Ds Stock Farm Stable of W. T. Waggoner and his sons of Texas and eight two-year-olds reached here Monday from the Three Ds Farm at Arlington, Texas. Upon arrival they were taken over by trainer John F. Schorr, who will expressly point Liberty Limited for the 0,000 added Kentucky Derby to be run at Churchill Downs on May 7. Liberty Limited, a son of Sir Gallahad III., will not be started here and along with others in this big stable will be shipped direct to Churchill Downs from the Fair Grounds following the close of the coming meeting at the latter local track. In addition to the Kentucky Derby Liberty Limited has been nominated for the Preakness Stakes and other engagements will include the Arlington Classic and American Derby.