Feilding Jockey Club.

Feilding Star, Volume XVI, Issue 23, 27 July 1894, Page 2

Feilding Jockey Club.

The annual meeting of the Feilding Jockey Club v/as held at the Feilding Hotel last evening. Present — E. Goodbehere (secretary), W. A. L. Bailey, O. Cooper, F. Y. Leth bridge, W. Light, A. R. Curtis, B. Gosling, E. Jackman, W. G. Haybittle, T. R. Taylor, E. J. Allan, W. Summers, J. B. Hamilton, H. Bastings, W. A. Sandilands, and J. Saxon. Mr Leth bridge was voted to the chair on the motion of Mr Bailey. The minutes of the previous annual meeting held on July 31st, 1893, were read and confirmed. The retiring committee's report was read as follows : — " In presenting the annual statement of receipts and expenditure for the past season your committee regret that they have not quite such a satisfactory report as was laid before you at last annual meeting. The statement shows a deficiency on the year's transactions of some £26 mainly cauind by extra expenditure on improvements, a falling off of receipts from the total isator at the Autumn meeting, and through having to pay the Government tax for the first time on totalisator receipts out of the ordinary ten per cent commission, and in a smaller measure through a falling off in receipt from members' subscription*). The amount paid to Government for tax amounted to £,165 9s 4d which, under the old system, would have formed part of the club's revenue. The falling off in the totalisator receipts at Easter meeting was £1374 representing a los- to the club of over £100. This falling off was caused mainly through the fact of Easter falling unusually early in the year and consequently coming close on the heels of Wanganui, Hawke's Bay and other principal meetings and in a minor degree to the second day of the ! meeting being wet. Notwithstanding these drawbacks the position of the club is highly satisfactory, for after having paid for all improvements and materially increasing the stakes there still remains a sum of £200 which is on fixed deposit at the Bank of New Zealand. The assets of the club in the shape of fees, etc., are quits sufficient to meet the .small overdraft of £19. Another item of expenditure in this year's statement which will not occur again is for paddock bell and jockey scales £14, and extra rent paid j Mr Turner of £6 for closing the course I for several months last spring after it had been topped dressed. Your comi mittee have made an effort to raise the money required to purchase the course outright, but have not been able to do so, the margin not being considered sufficient. In view of the restrictions in the use of the totalisator which is likely to be brought about | by Sir R. Stout's Bill, it will be for you to decide as to whether or not the stakes shall be reduced, but your I committee do not consider it will be necessary to do so for the coming year at any rate. (Signed) W. A. L. Bailey, chairman of committee." Statement of receipts and expenditure for the year ending July 31st, 1894 : — Receipts — Balance on July 31st, 1893, £7 10s 8d ; gates, lawn and grand stand, publicans booth, cards, etc., £665 ; totalisator receipts, £1001 10s 6d ; members' subscriptions, £50 Is ; entries, nominations, acceptance fees, £526 15s ; protest fee forfeited, £2; training fees, £4 13s; cheque dishonored, £5 ; bank interest on fixed deposit, £9 ; balance, £19 Is Id ; total, £2290 lls 3d. Expenditure — To amount of stakes paid, £1580 ; Government tax totalisater, £165 9s 4d ; rent of course, £49 15s 9d ; advertising and printing, £101 14s 7d ; labor on course and training track, £107 4s 5d ; band, two meetings, £20 ; salaries, £131 ; commission on sale privileges, £19 5s lOd ; luncheons, stewards and visitors, £50 10s ; jockeys scales and bell, £14 10s; extra rent, £6 ; repairs, £4 12s 7d ; legal expenses, £6 0s 8d ; fa" re insurance, £5 5s ; clerk of course (clothing) £4 ; petty cash, £7 19s 7d ; hire of flags, £1 10s ; ladies' room attendant, £1 ; carting and bank interest, £1 15s 2d ; telegraph department, £3 17s 4d ; Millard — compensation, £1 18s; valuation fee, £2 2s; dishonored cheque, £5 ; total, £2290 11» 3d. Mr Sandilands, in moving the adop- ! tion of the report and balance-sheet, I referred to them as eminently satisfactory. Besides £200 on deposit in the bank, their buildings were valued at £1000, and they also had the goodwill of the land as an asset. Mr Bailey seconded the adoption of the report and balance-sheet, and thought it should be a recommendation to the incoming committee to purchase the course. Mr Goodbehere said the purchase of the course would mean a saving of between £30 and £40 a-year to the club. Several speakers were in favour of purchasing the course ; and Mr Sandilands motion, being put to the meeting, was carried The election of officers was proceeded with, as follows : — President, Mr F. Y. Leth bridge ; vice-president, Mr Wm. L. Bailey ; judge, Mr W. H. Hartgill ; treasurer, Mr E. J. Allan ; clerk of scales, Mr O. Cooper ; handicapper, Mr J. E. Henry ; timekeeper, Mr J. Scott ; starter, Mr E. Woods ; clerk of course, Mr Edwards. Committee — Messrs W. A. L. Bailey, H. Bastings, Saunders, Sandilands, Jackman, Sherwill, Taylor, Haybittle, Gosling, Light, Cooper. Stewards — Messrs Sherwill, Sandilands, Gosling, W. A. L. Bailey, Saunders, Jackman, and Bastings. The handicapper and starter are to be paid the same remuneration as previously — viz., £15 and £5 per day, respectively. Resolved, That Messrs C. L. Inwood and H. B. Taylor be granted certificates hs gentleman riders. The meeting then adjourned.