01/11/2007 12:00AM

Jones, of Walnut Green, dies

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Richard Jones, longtime manager of Jane duPont Lunger's Christiana Stable and a co-founder of the successful Walnut Green sales agency, died Wednesday at age 68. Jones, a lifelong resident of Chester, Pa., had been diagnosed with a brain tumor in August.

Jones and his brother, Russell Jones, founded Walnut Green in the mid-1970's and developed it into a leading boutique sales agency. The brothers sold Walnut Green last year to bloodstock agent Mark Reid.

Richard Jones, a lawyer, was Lunger's son-in-law and managed her racing and breeding stock for 30 years. He also was on The Jockey Club's board of stewards and, until recently, served on the board of the Breeders' Cup. He also was a past president of the Pennsylvania Horse Breeders' Association.

Jones's youngest child, Braxton Lynch, is a breeder in central Kentucky and owns Royal Oak Farm with her husband, Damien.

A Jan. 17 service is set for Christ Church in Wilmington, Del. Additional details were pending.