AUCKLAND TROTTING CLUB.

Auckland Star, Volume LV, Issue 188, 9 August 1924, Page 12

AUCKLAND TROTTING CLUB.

The report to be presented at the annual meeting of tlie Auckland Trotting Club to be held at 3 p.m. on Tuesday, August 19. states: —-"Your committee has pleasure in I presenting: you with the balance-sheet and profit and loss accounts, from which you will see tho cluD lias had another most [ • successful yoar. The weather, as on many | i previous occasions, was not all that could !bo desired, but notwithstanding the adverse conditions, which included a postponement. the season lias proved the second most successful Jn the clui>'3 existence. After j writing oIT £SBS 12/0 depreciation, the I piollt and loss account shows a credit 'balance or £6004 10/6; Of this Slim £6050 has been carried to capital account, leaving £14 10/8 still to the credit of the profit and loss account. During- the year your i committee issued debentures to the extent lor ifio.OOO, bearing interest at 8 per cent. I The cash was required for the purpose of erecting a srand stand. The Issue was .successful, and the new stand is now I well mirier way and will be in a sufficiently advanced state to be partly used at the October meeting, and quite ready for use ,In December. This will provide much I ni-edcd accommodation ror the club's patrons ror many years to coirip. it will !be observed that in Hie balance-sheet there is an amount or £2325 still unpaid on the I debenture issue. This Is by arrangement, I and is at call. It is a saving to the club lin interest as we do not require the cash at present. During- the past season the club , pave the sum or £27,505 in prizes for our ! tlireo meeting , *, and can congratulate you on the keenness or tnc racins. and the I excellence or the finishes. For the vacant I seats on the committee, the following nominations have been received: —Messrs. Eliot R. Davis, A. R. Harris, A. M. Loasby, James McColl, C. J. Schnauer. G. E. Tansj ley (retiring- members), and Captain S. C. I Caulton. A3 the retiring committee only ' numbers six, and there are seven nomlnaI tions lor the positions, an election will be I necessary For the vacant seats on ?he I stewards, the following nominations have ! been received:—Messrs. S. H. Davenport, B. Grayson, G. S. Lintott, W. \V. Massey, i\V C. Motion. K. Rutherford (retiring- stewards), and W. J. Bray and Captain S. C. Caulton. As there are eight nominations ' for the seven vacant positions an election will be necessary. ,