TATTERSALL SWEEPS

Evening Post, Volume CX, Issue 122, 20 November 1930, Page 7

TATTERSALL SWEEPS

ORIGIN OF CONSULTATIONS

EARLY CAREER OF FOUNDER-

1 There have been sweeps and sweeps \ in connection witE the Turf in Australia, but those instituted' by the late Mr. , George Adams developed into proportions ' .colossal compared with any others, though ] •.he was not first in the field. The follow- < ling sketch of the career of Mr. Adams ■was given in the' Sydney "Referee" shortly ! 'after his death in 1904:— . ' "The late Mr. George Adams was a native of Baldock, Herts, but all the 'working years of his life were spent in '■ 'Australia. He arrived in Sydney with his ' .parents and four brothers on 28th May, •1855 by the ship Constitution. In 1857 ! "he took part in the gold rushes of the > ■ time, and made some money. After running the Steam Packet Hotel, Kiama, for ■ a time, he bought a sheep and cattle station in the Kiama district, subsequently : a wholesale butchery in Gbulburn. "In 1878 Mr.. Adams took Tata-sail's 'Hotel, Sydney, which, with adjacent" pro- • "-«vrti<»s, he afterwards purchased, enlarging i 'jhe hotel, building the Marble Bar and I ■jhe Palace Theatre, and establishing the j S.'alace electric light station. ■ "Later he bought the Bull) Coke ■Works, then the Bulli Colliery, together .with the steamer Governor Blackall. He engaged in many enterprises, including the I Paper .-Mills, Newcastle Electric | ;Light Station, Broken Hill ditto, and 'many other ventures in New South Wales. 'His interests have been vastly extended •of late years, principally in Tasmania, ■Ms latest undertaking being the erection ,of Adams' Tasmanian Brewery. CONSULTATIONS BEGUN. . "To the public at large, however, Mr. ■Adams' name is best known through the medium, of the consultations he has conducted for so many years. The first sweep was drawn in 1881, being on the Sydney Gold Cup—won that year by Progress. •This was a £2000 sweep, with subscriptions of £1. The sweeps have continuously grown, until they reached 100,000 at £1. , "George Adams left a. widow, but no family, two elder brothers (Charles and John). His many interests connected with,

'his ninie arc <;'an>'d on under the man-, agement of Mr. W. J. Adams, who tor some years acted as general manager; THE "TATTERSALL" WILL. "Mr George Adams' executed his will on 16th March, 1901. The' trustees and \ executors were Messrs, W: J. Adams, Or. J. Barry, D. H. Harvey, and W. A. lunlay, and each received £1000 as a legacy. Annuities were provided for to the tollowing: The testator's widow, .£500; his brother Charles £500; his brother John, £300; to the present ' wife of the saia Gerald' Joseph Barry, £250; to Phil Glcnister, £200; to George Lowsby, the elder, £100; to Mrs. Emily Hayden, niece ot the testator's first wife, £100; to ' Mrs. William Adams, widow of testator's late, father, £200. After the death of Mrs.! William Adams, .the £200 per annum to i be equally divided between the children j of Mary Oregon (deceased, a daughter of i the said Mrs. William Adams by a former husband, and the survivors and survivor of such children. The residue of the said net rents and profits; which is considerable, were to be paid to the testator's nephew, the said William Joseph Adams, for his life. "The trustees were authorised to carry on any other business which the testator was carrying on, and to stand possessed of the moneys hereinbefore directed to be: held upon the trusts in favour of charities, for charitable, benevolent, or philanthropic purposes in the several States of the Commonwealth and New Zealand, as therein mentioned. The testator also gave for the same purpose all moneys and prizes in his said sweep consultation business, the claim whereto might be or become barred. "All the testator's real, and the residue of, his personal estate in Tasmania, except the said sweep consultation business and in persona) estate and moneys connected therewith, and except moneys lying to his credit in any bank in Tasmania, and except a debt due to the testator by the said David Hastie Harvey, passed by the joint effect of the testator's will, and a subsequent deed to the following persons in the following shares: David fiastie Harvey, 33-100ths; William Joseph Adams, 30-100ths; Edward Elliot Grant, 18-100ths; Thos. Lyons, 14-100ths; Gerald Joseph Barry, 2%-100ths or l-40th; and William Alexander Finley, 2%-100ths, or l-40th. "The sweep consultation business, as carried on by the testator under licence from the Government of Tasmania, and all moneys, credits, and effects used in connection therewith, all moneys lying to his credit in any bank in Tasmania, all of which are referred to as his sweep consultation business, were given to his trustees upon truSt to pay. prizes and other moneys payable in respect of such sweep business." „