James Lester (Jim) Payne, New Liberty, KY, age 76, passed away Thursday, March 2, 2017 at his home. Payne was born May 14, 1940 in Bethlehem, KY to Lester B. & Josephine (Parrish) Payne. He graduated from Pleasureville High School in 1958 and attended Eastern KY University. Known by many throughout Kentucky as a star athlete, strong supporter of high school and UK athletics and successful businessman, Mr. P owned Payne Chevrolet for nearly 40 years. He owned, bred, showed and sold champion miniature horses internationally. Since retiring, he enjoyed his farm and family. While he was known by many names, Mr. P is best known for his dedication to his family and friends and for his fierce loyalty to those closest to him. James Lester is survived by his two daughters, Lisa Payne Everett (Obe) and Mary Payne Palmer; son Jamie Payne, Jr.; grandson Luke Payne Palmer; brother Maurice Payne (Nancy); sister Shirley Wilhoite; and niece Melinda Wood and a great-nephew Chase Wood. McDonald & New Funeral Homes are in charge of arrangements. Family will receive friends at the Main Street location on Saturday, March 4, 2017 from 4-8 pm. A celebration of life will be held at the Bethlehem Methodist Church on Sunday, March 5, 2017 at 3pm. The church will be open for visitation after 2pm. Burial will follow at Pleasureville Cemetery. In lieu of flowers, donations are suggested to the Owen Co. EMS.