RIVERTONS GOLD CUP
lhe_Riyerton Racing (Sub> in sending put the programme for its Easter Meeting, has included the following circular' tor. owners and-trainers:—••'■.-■■■' <■.'•■■ ■>•■ "Whe^the. committee of sthe» Eiverton Racmg Qub, was framing its programme .for the Easter Meeting, it was: felt, that it would he .a pity to interrupt- the sequence .in .the; presentation, of a' gold cup. ; At the same, it was, realised,that:dur,wg, the' present' ' financial stress an owner might sooner have the cash. It was therefore decided to retain the gold .cup- oa the understanding that the. winning owner have the option of. taking cash in lieu of the cup if he so' desired,' the cash equivalent to be £105 less' 11% per cent., i.e., 6% per cent, to provide intereston the club's outlay of- £105; for: twelve months, and the- 5 per cent. State tax."
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https://paperspast.natlib.govt.nz/newspapers/EP19320109.2.138.12
Bibliographic details
Evening Post, Volume CXIII, Issue 7, 9 January 1932, Page 19
Word Count
138RIVERTONS GOLD CUP Evening Post, Volume CXIII, Issue 7, 9 January 1932, Page 19
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