Two-Man Parlay

Texas Millionaires Clint Murchison and Sid Richardson, who parlayed their way from the oil business into the New York Central (see above), last week placed a bet at a different window. For some $1,200,000 they bought a 40% interest in California's Del Mar Race Track, and, said they, had "control." This time their goal was not profit, but charity.

The race-track purchase is the first step toward building up a pet Murchison project known as Boys, Inc. The organization would fight delinquency by constructing community recreation centers for boys throughout the nation. Wheeler-Dealer Murchison's idea is to support the organization by buying race tracks and putting them on a taxfree, charitable basis; he has already appealed to the Treasury Department for a favorable ruling. Said Murchison: "If I can, I'll buy every blamed track in the country and turn them all into nonprofit corporations to supply funds for Boys, Inc."

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