AUCKLAND RACING CLUB.

New Zealand Herald, Volume LX, Issue 18468, 3 August 1923, Page 6

AUCKLAND RACING CLUB.

v " ';■', ■ ——— «a» ' •; —— ; ■■' ANNUAL REPORT. The : report to be. presented at the annual 11 meeting of members of the Auckland Racing / -'.,:' Club on : • the ? 13th states that the '■ sum M given, stake-money by* the-., club last seasonSb! Jn i connection with the four iaeetings held at - — Ellerslie amounted. to"' JE7IJOOO. and that, '.'•':< despite ■ adverse,-. weather I conditions ? prevail-■ ing almost J, throughout the year.; each ineet» A rr ihg proved:6' success. , Although the revenue Vshows JiVa-i'i;decrease <j compared '■'■■ with, "; recent l(M years. 'denreciationi,has been .provided " for • 4i} ;to : th©; extent of £3024 : . 17s 1 Bd, and i a balance < % remains of ; £462 ISs ■6d to >be ■ transferred -to ."ft capita], account. In regard to improvements , effected, H the j:= report .states- ■;'. that y ' the :>'i new;g«fj totausatar house /now k gives i ample '■ accomnio*;f]si«| ; dation or /the investing } public, and. . together gag With * the >j new machine, which permits of,:'? further *' extensions as called •■ : ; .for,'.:•'■ shbuld§#ff meet the .requirements; for come years. .' 3he v'*;is alterations ,to "the' > members', stand carried -■■*% out during the. year'■.; were much';appreciated,j§f§ and.'-'^ the '~; extra ■ • accommodation "provided#!?l should V: be sufficient to meet tlio needs of '• the increased ■ membership > next i season; '■< Th? §§] committee records with deep regret the hea."S§lp| death roll of members during the year, notably/MI Mr. 7 H. •T. -'Gorrie, for many years vice« m president ■- of the <■ club: Messrs, Rqbcrl H. SJIh ftiider. :M. Foley.. H. H. s Hayr.V Sir William': M H-, Hemes, and -Sir, "Robert .Nolan. Mr.''; H. :; o 0., Nolan ; r was appointed'■•', to 1 ■-■ fill Mr. > >| Gome's place ■ as vio*>preeident land i Mr. o«p® A. Brown'.was■ elected to the, vacant scat ,.-, a on •■"■ the committee. :■>■.. t The *■' Hon. ; Sir ■' Edwbx gfa Mitchelson '■-■ and ; Mr. •H. ■: O. Nolan ' were the. sm only, nominees- for the ; offices of president,.'; and \ vice-president respectively, and will be ■:,? declared " duly '■ elected. For the three seats M on the stewards . Messrs. M.; J. - Lynch; >L;%fs 0.-Rathbcne, and G. A. Wynyard have been nominated. ■■■ and they: aim will be declared X d"ly", elected, vln accordance with the rules, ttr'Sg Messrs. R. W. Duder, J. D. . Jone3, "N. 4 , M red; Nathan. E. A.. Price, . and Dr. A. - Mc*Ss| Gregor r Grant 'retire from the committee,'.'. M and all offer' themselves for -re-election. iM Messrs. J. M. Carpenter, H. B. Philco:t, and ; -, Dr. E. H. B. Milsom have also been 'nomi&ftßp ated, ; and. the .number of nominations bein?^; ? ,.'j :in excess Of the number of seats to be filled, -.■ a ballot will; be necessary.! ■/■ .-.■ •!,:.■•.-." . „ ' ; ! .M The balance-sheet '■ shows '■' that ; . the capital is .;-. s;t- down fat :£107,573;i10a i4&. and other jm liabilities :; amount' to >• about v £88,000. which Mm '•includes £73,692 ''-.aai'Sd': owing to the Bank TA of New; Zealand,:: £8046 12s "3d to secured $m creditors, .arid - a donation of: £5065. to theyM Auckland Institute and War Museum. ;•• 'Tnaija.® asset* k include:— The Ellerslie 1 racecourse, 'lfM £35.250: Short! and Street property. £2000: M building,;n.£Bl.63o; and, New , Zeahwid Government loanfl, . £25.000. . •■ Kom The profit ; and loss account shows that the ■•• club '. paid *-. away :, m s:. waeea. ,v last . year for l$M work on the 'rwfl'cour»«>' ; '.tnu.- sum of £1.1.F' , 0. fM Land - tar ■'-~ absorbed -£987 •6sA m. - while the •; m rates "paid :to v the ' Auckland City Council • amounted t0.£1345 8s 4d. -}-' ...' '"**—**—'■ —*** .j-