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Essay on The Early Years of Keeneland History

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The Early Years of Keeneland History
Kentucky’s open grasslands had attracted the type of settler who loved horses because of its great beauty. Also, Kentucky imposed richness of soil minerals, abundance of water, and suitable climate, terrain, and vegetation that attracted these people. People that lived in Kentucky possessed a great love and pride for sporting horses. Their love and passion of horses would shape the Thoroughbred world of today.
The horse industry in Kentucky expanded rapidly with the great passion of breeding and sporting horses. Horse breeding became well established in the Bluegrass before the end of the eighteenth century. One of the reason why the great industry of the Thoroughbred …show more content…

When it came to horses and how their racetracks should look “Jack” Keene knew what it was all supposed to be about. Keene spent more than 20 years of his life, and some $400,000 of his money, in trying to build a track and combination clubhouse and stable. He never intended for his fine establishment to be used for racing but rather to be a training center for his friends and their horses. Keene and his friends conducted private races of their own and merely just enjoyed the pure sport of racing. Little did he know, this great place would soon become one of world’s greatest racetracks. With this outlook, The Keeneland Association saw Keene’s property as a start to their dream.
After all of these years, and with The Keeneland Association wanting to buy the portion of Keene’s property with the track and clubhouse, he was finally willing to sell. With this notion, the project was set in a brilliant direction. Articles of Incorporation were filed on April 17, 1935 for Keeneland Association. As a result of this, Hal Price Headley was elected Keeneland president, Jack Young first vice-president, A.B. Gay second vice-president, Brownell Combs secretary, and W.H. Courtney treasurer.
The Keeneland Association on August 29, 1935 purchased 147 1/2 acres of Keene’s property for $130,000 in cash and 10,000 in preferred stock at par value. This beautiful property included a

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