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DIVIDEND ON LEO DELAVAL.

The Sporting Review says . —Those in quest of big dividends will probably be interested to know -that the big dividend on Leo Delaval, £322 4s, was divided among a small syndicate. It happened in ’this way. Four gentlemen were discussing the chances of the horses, and the consensus of opinion w: s that in such a big field the race ove.t five furlongs would partake of the character of a scramble, and that it was possible that an outsider would turn up and pay something gaud. The result showed tl at they were right, but the dividend exceeded their expectations. Four of them .contributed .£4 5s each and tc ok a ticket out on each horse in t' e race. Thus it was that the solitary ticket on Leo Delaval was taken out: F a 1 it not been for tbe syndicate Leo Delaval would l ave been friendless on tbe machine, and the other investors would have had theii money returned less 10 per cent., as the machine in the saddling paddock paid on the first horse only. The individual members of the syndicate received £8() Us, but one of the quartette had sold half his chance to a well-known trainer before the race was decided.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MOST19020211.2.7

Bibliographic details

Motueka Star, Volume II, Issue 52, 11 February 1902, Page 3

Word Count
211

DIVIDEND ON LEO DELAVAL. Motueka Star, Volume II, Issue 52, 11 February 1902, Page 3

DIVIDEND ON LEO DELAVAL. Motueka Star, Volume II, Issue 52, 11 February 1902, Page 3

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