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■ . . • • • ! , , w NEW CALIENTE PRESIDENT AGUA CALIENTE, Mexico, June 2.— Joseph Schenck, motion picture magnate of Hollywood, is understood to have acquired control of all the Caliente institutions. He was elected president of the race track and will set about effecting an entire and com- plete reorganization of it. A new set of officials is expected to result. James Crofton was elected president of the resort company and, with Baron Long, will 1 remain in chaise of the hotel and casino.