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NEW USE FOR THE MEMPHIS TRACK. Memphis Tenn.. January 14.— Application for a i charter was made today by the Trl state Pair Asso eiatioti. The new organization is generally regarded f :is a successor of the New Memphis Jockey Club. The company is capitalize,! ut 0601,000. The charter calls for the promotion of ••horticulture and agriculture exhibits and mechanical arts from Arkansas, JViiucM.ee and Mississippi."