Show INITIATIVE PETITION Initiative Petition Number One That Initiative Petition entitled entitled entitled en en- titled An Act Relating to Horse Racing and Providing for the Creation of a Utah Racing Commission CommissIon Commission Com Com- mission and Defining g Its Duties and Powers and Permitting Wagering has been duly filed in the Office of the Secretary of State within the legal filing period for film filing same containing the required require number of signatures of 01 registered registered reg voters and that following following following follow follow- ing is a full correct and true copy of the ballot title to be shown on the ballots as Initiative Initiative Initiative Initia Initia- tive Petition Number One and submitted to the electors of the State for approval or rejection at the election electron to be held heldon on the fourth day of November AD A.D. 1958 SHALL A LAW BE ENACTED EN ENACTED ACTED PERMITTING PARI PARI- WAGERING AT HORSE RACING MEETS AND CREATING A STATE RACING COMMISSION THE COMMISSION IS TO ISSUE LICENSES AND PROMULGATE PROMULGATE PROMULGATE GATE RULES FOR THE HOLDING OF RACING MEETS EIGHTY SEVEN EIGHTY SEVEN PER CENT OF ALL MONEY WAGERED AT ANY MEET SHALL BE RETURNED RETURNED TO TO PERSONS HOLDING WINNING WINNING WINNING WIN WIN- NING TICKETS TWO PER PERCENT PERCENT PERCENT CENT TO THE UNIFORM SCHOOL FUND ONE PER PERCENT PERCENT PERCENT CENT TO THE COMMISSION COMMISSION COMMISSION COMMIS COMMIS- SION NINE PER CENT TO THE SPONSORING ORGANIZATION ORGANIZATION ORGAN ORGAN- AND TO SECURE COLLECTION OF INCOME TAXES ONE PER CENT OF WINNING INNING WAGERS TO STATE TAX COMMISSION ONLY WAGERING WAGERING WAG WAG- AG- AG ERING IS AUTHORIZED LICENSES MAY BE REVOKED REVOKED REVOKED RE RE- FOR ANY VIOLATION VIOLATION VIOLATION VIOLA VIOLA- TION OF THIS ACT FOR LJ D J AGAINST AGAINST El D DIN ElIN I IN WITNESS WHEREOF I have hereunto set my hand and affixed the Great Seal of the State of Utah at Salt Lake City in said state this twenty-ninth twenty day of September 1958 LAMONT F. F TORONTO Secretary of State i |