CANTERBURY RIFLE ASSOCIATION.
A special general meeting of the Canterbury Rifle Association took place on Wednesday in the Commercial Hotel. Mr S. Manning occupied the chair. Mr Appleby stated that the meeting had been called for the consideration of two important matters. The first was the 'election of a new Council to replace the one which had lapsed, and the second waß the financial position of the Association. Members were aware that it would be impossible to have another prize meeting unless another Council were appointed. The Association had been indebted to the Otago members who had fired at the meeting held on the 19th and 20th March, 1879, to the extent of £42 Is 6d, the amount of the prizes won by them on that occasion. Of that sum, SO per cent, had been paid, leaving £2l Is 3d still owing to the Otago men. The Canterbury men had won prizes to the amount of £lB, and that sum was all owing. The liabilities of the Association for prizes amounted to £39 Is 3d. They were indebted in the sum of £8 to Messrs Petersen and Co. for two cups, and there was a further outstanding liability of about £5 for advertising and sundries. On the other hand the Association had £lO in the Bank, the proceeds of the sale of the oast-iron targets. In round numbers, the total liability of the association amounted to £62, as against a credit balance in the Bank of £2O 14s lid ; added to this the association had property to the value of £4, represented by the four sets of discs, leaving a debit balance of £33 5s Id. It would be remembered that at the last general meeting of the association the question of reducing the entrance fee had been discussed, and the result of that was that instead of being, as heretofore, £1 Is, it was now 10s 6d. The prospects of the present year were anything but encouraging, as up to the present time there were only nine members who had paid subscriptions. It was imperative that something should be done to enable the association to meet their liabilities, and place them on a sound financial basis for the future, or else take steps to wind it up. It was true their liabilities were not very great, and they could be easily extinguished if greater interest were taken in it.
After a short discussion, during which it was pointed out that, in the face of such a small attendance, it would he impossible either to elect a council or take any decisive steps to relieve the association from its burthen of indebtedness, it was ultimately resolved to adjourn the meeting until the evening of Wednesday, the 25th inst.
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https://paperspast.natlib.govt.nz/newspapers/GLOBE18800219.2.28
Bibliographic details
Globe, Volume XXII, Issue 1868, 19 February 1880, Page 3
Word Count
458CANTERBURY RIFLE ASSOCIATION. Globe, Volume XXII, Issue 1868, 19 February 1880, Page 3
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