From The Indianapolis News, Tuesday, April 20, 1926: Articles of incorporation for the Indianapolis Airport Corporation were filed today with the secretary of state by the Chamber of Commerce airport board. The nonprofit organization was offered free use of the northeast quarter of the Indianapolis Motor Speedway as a commercial airport which will be controlled and managed by the 113th observation squadron of the Indiana National Guard. Hangars in Kokomo currently used by the squadron will be removed and set up at the speedway for the airport The speedway makes an ideal landing field for commercial aviation, experts say. Under the supervision of the national guard, the cost of operation will not exceed revenues, and the property will be well protected. The immediate establishment of the airport is to place Indianapolis on the new commercial air map of North America.