FEILDING JOCKEY CLUB

Feilding Star, Volume 9, Issue 3784, 30 July 1932, Page 5

FEILDING JOCKEY CLUB

Holds Its Annual Meeting BUSINESS DONE LAST NIGHT RECEIPTS AM) EXPENSES PROTEST AG At IN ST TAXATION COM M ITTEE .CONOR ATULATED OX YICAR'S WORK Mr E. Gorton, presided at the annual moraine: of the [■ eild'ing .Jockey Cluj), held last night, with a fair attendance. A SPECIAL SESSION Prior to the 'business of the annual meeting a, special meeting wa,s held for tlio purpose of comsidetnmg a, motion of notice of which had been given by Mr. L. T. McL«an. tlm purpose <>l which was to 'have one auditor instead of two. Air AleLean's motion was carried without discussion. THE GENERAL MEETING Speaking to the report, the President said the loss was noti as great this year as last, as last year s loss was £732 and this ye.ir’ s ColdTile Club had had further relief from taxation, and the President was glad to know the Government was recognising tlio need I ,>1 ’ reduc ing. the heavy taxation of racing. It was perfectly plain that willows tho taxation on racing clubs was O-'itisid nimbly reduced,, some of the smaller clubs would go out of existiVice, and t)he Government would lose the taxation altogether. The balance-sheet showed that there was a big falling off in. tote receipts, in gates and lawn receipts, in race card rtxleijxts, cmmlbovs’ subscriptions, in entrance and acceptance fees and training fees, .and uder other headings. The expenditure had also been considerably reduced. tile total reduction including taxation being £14(16. Tho President considered the small loss made, was not so bad considering the times. Air AlcLoa.ii thought the dub had not done so badly. They had reduced the expenditure considerably and he hoped it would not he necessary to make any further reduction. All- J. Watt congratulated the Committee on the year's working, though they had made a slight loss. He wa s of opinion, that the OnmTtviftre■ h.acT made a mistake in cutting out the members’ luncheon, as it was advisable to keep up the popularity of the club. The report cr.d balance-sheet were adopted. OFFICERS AND STAKE The President announced, as published in the annual report, that the retiring -officers had been elected unopposed. Air A. H.. Afnguire wag elected auditor at the usual remuneration. Thanks were accorded the . Secretary. tho caretaker and the stall for their excellent work during the year. THE STAKES TAX Air Sn.ndilands referred to tlio Government . taxation and suggested •the club should raise its voice against the stakes tax. He pointed out that many men were .going to Australia, for the sake of musing money. 11,- thought these men were making a mistake, though in Australia they had this advantage, that the v did not have the travelling. In New Zealand there was the expouse of taking horses round t< e country, and tins expense had increased, and the speaker hoped the club would make a protest again,.; the stakes tax. Air Graham said tlio stakes tar went to the root of the sport, imr-i-rs were going nut of tho gam- aid other, were taking they- hors:; over to Australia. It was up to the powers that he to alleviat 0 jjv pos,* ti .1 He thought the club -held J pngs a mot ion that i.n view of the serious ]>e,,T. win tile Government should make tome reduction in this tax. He moved along that line. Air J. I!. Bradley seconded the motion, pointing out that the money paid in stakes "’as already taxed through the tot.alisa.kir to the extent of 161 per cent. This additional per cent, made the tax up to -11 per cent. Air E. Burrell said if the Govern?men(, reduced this tax they would have to raise the revenue in some ether way. Air T. O’Neill said the breeding of horses was an industry which should he encouraged, and this industry would h 0 destroyed liy taxation unless there wa. s some reduction in the taxation. AH Graham pointed out that If tlio taxation, were reduced the country would keep people i.n the game and ultimately get more taxation. The motion, was carried. LIFE MEMBERS Messrs CJ. F. Johns ton and R. L. Levin, Wer 0 made life members of the club on the motion of the Pra-

sldcnt, who reminded the meeting that these gentlemen had malic handsome donations to the jubilee meeting trophies. A KECOMM EXTIATIOX Mr Watt proposed that it he ,a, recommendation to the incoming coin.' puttee to 'reinstate the luneSieoit,. and that the Committee consider making reduction in the entry fees lo the races for the public. The motion was agreed to. Thanks were accorded to the honorary officials and to the prcs s for help and couvtesie R an c i a motion’ expressing appreciation of the excel--lent work of Mr 15. X. Sa.mtlilan.ds and the other Stipendiary Stewards and their associates for maintaining the standard of racing was carried with applause. The Committee also reserved the thanks) of the mooting for having so carefully and successfully mat).* aged the club’s affairs! during a difficult year.