LET 'ER BUCK 



that it has voting power. The stockholders still elect 

 three directors and for that purpose alone the stock 

 is worth thirty dollars a share. 



The compensation to the directors consists solely in 

 being a director of the Round-Up. That's all. In 

 fact it costs each one of them considerable money in 

 addition to actual time and labor. They have to buy 

 seats for themselves and folks, and sometimes being a 

 director costs them another $52 for a box or what- 

 ever it is, for friends. However, they did vote 

 themselves one favor. On the night before the ticket 

 sale numbers from one to eleven are put on pieces of 

 paper and shaken in a hat. Each draws a number rep- 

 resenting his place in the choice of seats, providing he 

 pays for them out of his own pocket. The first presi- 

 dent even was the seventh in his drawing; yet no 

 men in any private business work more indefatigably 

 and with greater sacrifice than do the directors to 

 insure the success of the Round-Up, and the entire 

 community stands back of them to a man. This is 

 why the Pendleton Round-Up has developed from a 

 little community affair to a national one. 



The first show was held in 1910 on what was then 

 the ball park and on a little dinkey track, egg-shaped 

 on account of the form of the grounds, hardly one- 

 third as large as the present one. The home stretch in 

 front of the grandstand probably did not exceed one 

 hundred yards in length. The two or three Indian 

 tepees skirting the other side were on the very edge of 

 the river. The present copse of cottonwoods which 

 forms the background of the great Indian village was 

 then on an island, which the next year's improvement 

 included in the Round-Up grounds. 



The second year saw the track extended to its pres- 



20 



