FOXTON RACING CLUB.

Manawatu Herald, Volume XL, Issue 1917, 19 December 1918, Page 3

FOXTON RACING CLUB.

ANNUAL REPORT

The following is the annual report to he submitted at the annual meeting of members of the Foxton Racing Chib, to he held* to-morrow night, at 8 o’clock: —

“The Committee have again the pleasure of presenting the Annual statement of aeeuunts for the year ending July 31st, 1018, for consideration of members, and in so doing have much pleasure in recording a very successful’ year. The stake,gives by the Club were £1,275. The year commenced with a credit balance of £lO3 5s 3d, and (dosed with ,-redir of £SBB Os sd, which, in view of the fad that lasi years meeting wa.s only a single day one, is highly satisfactory. The Stewards decided that during the course of the war no great amount of money would he expended on improvements to buildings, hut now that I!u* war has ended a comprehensive building scheme will he submitted to members in (he near future. For this purpose extra land has been acquired from (ho Borough Council :d the hack of the Grandstand. The course, grounds, and tracks are h; excellent order, and reflect credit on the caretaker. The Committee have to thank all officials for their elToris in bringing the Club still further ahead in its position. -Nominal ions for Hie various offices have been received as follows: — President, Mr J. if. Whyte; vicepresidents, Messrs W. E. Barber, C. Robinson, 0. Robinson, F. S. Easton; auditor, Mr Fred. Byrnes; treasurer. Mr F. S. Easton; stewards, .Messrs J. Y. Barr, If. Bryant, C, Foley, If. Coley, L. R. Freeman. 11. G. Hammond, Dr. C. L. Mandf A. D. Scott, and 11. S. Thynne. As (he nominations do not exceed the vacancies, an election will not be necessary.” The statement of accounts shows a profit on tin l race meeting account of £892 Os P>d. The debit on t!i;■ general account was L’’2l 1 ds (id, donations to patriotic funds accounted for £285 10s od, and £220 was written off: buildings and plant., halving a net prolit of £175 15s 2d. Tiie receipts from all sources, including balance brought forward, £lO3 15s 3d, totalled £1,072 .10;-, sd, tiie chief items of which were; — Tota lisa tor £2,904 10s Od, gates £320, nomination.; and acceptances £292. race cards £l2O IS.-; Od, members’ subscriptions £Bl 17s od, rent of collage and boxes £OO 5s (Id, and publican's booth £3o. The chief items of expenditure were-Total-isutor tax £037 7s 8(1, dividend duty £502 Os od, patriotic donations £285 10,s od, salaries £229 (is Sd, rates, taxes and insurance £9O Is 3d. printing and advertising £9B 10s Bd. sundry labour and wages £74 10s 3d, general expenses £7O Is Id, and stewards’ luncheon £sl 2s (id. The cash in hand and bank totals £OOI 16s Id.