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transfer. The other NFL owners never approved the sale from
Brown to Sawyer.
Bill Ray, then the NFL treasurer, prepared a memorandum to
the NFL file which showed that on September 29, 1983, the Bengals
were owned as follows:
Name Shares
John Sawyer 330
Austin Knowlton 248
Paul Brown 1
Mike Brown 1
Peter Brown 1
David G. Gamble 1
Virginia Fite 1
Louis Nippert 1
James R. Williams 1
William J. Williams 1
Total 586
G. Brown Family Limited Partnership
1. Formation, Ownership, and Dissolution of the Brown
Family Limited Partnership
On August 17, 1983, Paul, Mike, and Peter Brown formed the
Brown family limited partnership (Brown family partnership). The
stated value of the capital contribution made by each partner
was:
Capital ContributionUnits
General Partner
Paul Brown $ 49,000 49
Limited Partners
Paul Brown $2,300,000 2,300
Mike Brown 500 .5
Peter Brown 500 .5
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