I-band CCD images of two large regions of the Galactic globular cluster NGC
1261 have been used to construct stellar luminosity functions (LF) for 14000
stars in three annuli from 1.4' from the cluster center to the tidal radius.
The LFs extend to M_I~8 and tend to steepen from the inner to the outer
annulus, in agreement with the predictions of the multimass King-Michie model
that we have calculated for this cluster. The LFs have been transformed into
mass functions. Once corrected for mass segregation the global mass function of
NGC 1261 has a slope x_0=0.8+/-0.5Comment: 9 pages, A&A macros, accepted for publication in A&