The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-03-10
Judge McElhinney Grants Petition
of Joseph Sippy and Will Des-
ignatc Official To-Day.
MURPHY'S PLAN NOT OUTLINED.
Promoter of Reorganized Club Has
Not Decided Upon a Course
to BE Pursued by Other
interests.

| A receiver for the Kinloch race track and
to conduct the April and August race meet
| ings will be appointed this morning by
| Judge John w. Mckinney of the Clayton
| Circuit Court. The appointment would have
| been made yesterday if the question of bond
| could have been agreed upon.
The appointment will be the outcome of
| the injunction proceedings instituted by
| Joseph Slppy against the Kinlcch Club to re-
| strain the foreclosure of a 1880 deed Of
| trust placed on the property by Joseph D.
Lucas and Phil Chew as directors of the
| club IN favor Of themselves as individuals.
Subsequently. when the assets of the club
were transferred to the new Florlssant
Valley Jockey Club, petition for a re-
ceiver was added to the pleadngs on the
ground that the corporation was insolvent
The case was tried in the Clayton Circuit
Court Saturday. Judge McElhinney deliv-
cred an oral opinion from the bench yester-
day. He said that the stock held by Lucas
and Chew in the Kinloch Cub. which was
in dispute, had not been paid for In its in
ception. and that the transfer of the Kin
loch assets to the Florissant Valley Club
was unconscionable arrangement.
Referring to the claim that the new club
was bona fide holder of the stock. Judge
MCKINNEY said the names of so many of
the old stockholders of the Kinloch Club
appeared in the new Cub that he did not
feel warranted in sustaining this contention.
SIPPY'S INTEREST CONSIDERED.
was acting in behalf of the Cella-Adler-
TILES combine. although there was strong
suspicion in that direction. But even ut
that, he said, the evidence showed that he
had paid cash for his stock and was enti-
tied to stockholders right.
Judge mckinney asked the attorneys in
terested for suggestions as to the person
they would like appointed receiver Of the
club. The bond will probably be fixed at
$4,000 the club has obligated itself to
spend $4,000 during the year in improve
ments and in liquidation of the debt.
On the witness stand Saturday, Chew said
that the appointment of a receiver might
result in the forfeiture of their racing dates
by the Western Jockey Club in which event
the property would only be worth a lease
hold rental of Sc an acre for farming pur-
poses
MURPHY TAKEN BY SURPRISE.
Joseph A. Murphy, manager of the late
Kinloch Jockey Club and its successor, the
F1orissant Jockey Club. said last night that
the members of the F1Orissant Jockey Club
had not taken any steps that would lead
TO change of existing affairs in the sQuab-
BILE.
I'VE have not had time to think it over"
said Mr.. Murphy. Il do not know what we
will do
1t is said that Mr.. sippy will ask that
the track be put up at auction Saturday
stand now, the receiver would be obliged
to conduct the April race meeting. No race
track ever was conducted by a receiver.
According to report, an agent of John ].
Ryan, the owner of Newport race track.
near CovingtOn, KY, is in town. and will
ing to give $50 900 for Kinloch. This report
could not be verified.