view raw text
KENTUCKY TRACKS MERGER NEAR Representations of the Owners and Prospective Purchasers Meet to Settle Deal. CINCINNATI. O., January 29. The deal for the sale of the Latonia and Douglas Park race tracks appears to be approaching a conclusion. Representatives of botn the buyers and sellers met in the Sinton Hotel today. 0. A. Tilles, Harvey Myers and John Hachmeister represented the sellers, and Senator Tnomas Combs, Stewart Hunter, I. J. Hanlon and Judge Allie W. Young were on hand for the buyers. Both factions declared that they had not reachec" a conclusion, but each was confident that the deal would go through. Senator Combs confirmed .the report that .the Lexington and Churchill Downs tracks might be included in the merger. If such a thing conies to pass it will mean that all the race tracks in Kentucky will be owned by one company. It is understood that the Lexington interests are asking 75,-000 for their track, and that Churchill Downs owners want 50,000 for their interests. Senator Johnson N. Camden and Edward F. Sims, the principal underwriters of the new company, were not present. Senator Camden is in Arizona and Mr. Sims is in Texas.
