Report Gov. Harriman to Sign Jockey Club Racing Bills, Daily Racing Form, 1955-05-02


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Report Gov. Harriman to Sign Jockey Club Racing Bills ALBANY, N. Y., April 30.— It was unofficially reported here today that Gov. Averell E. Harriman definitely will sign The Jockey Club racing bills before the I deadline at midnight Monday. The bills have been on the governors desk since being passed in the final hours of the 1955 legislature on April 2. The measures authorize the establishment and enfranchising of non-profit racing associations, enabling The Jockey Club to go ahead with its plan to revamp the racing picture in New York. Under provisions of the bills, however, final authority is vested in the state racing commission, which must first approve the plan before The Jockey Club proceeds with it. Commission chairman Ashley T. Cole has declared himself in favor of the plan. The Jockey Club proposals call for the ContinJed oaPage Thirteen Report Gov. Harriman to Sign Jockey Club, Racing Bills Continued irom Page One formation of the Greater New York Racing Association, Inc., which would purchase the outstanding stock of Belmont, Jamaica, Aqueduct • and Saratoga. A bond issue would then be floated to finance the construction of a 5,000,000 "super track" on the present Belmont site, with vast improvements also to be made at either Aqueduct or Jamaica. Racing is to be abandoned at one of these latter two tracks. Saratoga also would undergo a costly modernization program.

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