STUD DISTRIBUTION IN MELBOURNE.

Otago Daily Times, Issue 2001, 29 May 1868, Page 6

STUD DISTRIBUTION IN MELBOURNE.

Dr L. L. Smith, of Melbourne, who owns a valuable racing stud, proposes to dispose of it, as well «« his Bind farm of 130 acres, by a "sttul distribution." The scheme proposes that thcro f-liiH be 1100 chares, of Lf» each. Tho A udmhMan of Way loth remarks :—

Dr U L. Smith is about to launch his stud distribution to the world, and from all I can learn, there is cvi-ry prospect of the plucky doctor bringing bin scheme off with flying colours. Ho hau sense enough not to overrate tho value of the property ho wishes 1o dispose of, nml the price of tho tickets is to ho reduced to the l-»wc«t fiynrc Thcro are many valuable lots arnongHt the prizes, and I imagine that Melancholy Jnoucs will be oonnHercd tho erf mi: tk fa rn'w of tho boracs ; hia running inthonprin;<nt one; brought him into notieo an a very promimng colt, ami his lato purforivauceii at iiaruKiek not only confirm the opinions formed of him, but Htanip him firut-tlaiw, if not the best two-year-old out thiflficoson; and considering that he hat] junta few weeks' preparation 1x:f«ro proceeding to Sydney, lie showed that he not only powcancd a great turn of sped, but that he was made of the right sort of stuff tf> «tay. A lnr#c offer wa» rnrtde for him in Sydney, which tho dot tor declined; having the distribution in view. Monsieur Lc Hc-au, hud ho been prop rly handled when -young, is perhaps tho better of tho two ; but Oi"> Kobinson, finding he had a pood thing, was far too anxious in bia preparation, and overdid it, and all tho guH.-pinp; was taken out of him before lie wan a*l:e4 to perform. Ilin spell this winter will do him good, nnd it would not HurpWso me in the lea*t to ew him one of the bright luininari's next spring. Thcro is also No Surrender, own brother to Freestone, Maidntone, fee, a wonderfully fn»t animal, butwho Lad the misfortune to Imjbackward in his preparation in the early part of tho year, and was afterwards turned out aiid brought to the course as rough aanb.wlgur, and as poor as a crow ; he him every rtppeirance of making a grand three-year-old. There ore oho Lancashire Wi'ch, who has established quite a name forlu-rHelf, find Grace Kgerton, who i« still a maiden ; there iB LL, who, as a racehorse, ban paid torhimsclf ten times over; and Lady Mannera-Sutton, whose breeding alor.e would make her valuable as a brood mare; her performances have all been h'rstclosh, nnd h'-r gani's msb. at Bendigo in one of tho fastest things of tho day will not soon be forgotten. In the list there fire also some very valuable young ntock—such as Histcr to the Witch, sister to Nonna, brother to Freestone, £c., which have been well cared for, and nro remarkably well grown. Nearly nil tho brood marcs—among which are Fair Ellen, Tricolor, Victoria, and Taglioni—are in foal to Btockowncr. But, perhaps, the greatest prize of tho lot, at least to some people, is the stud farm on the Dandonong Creek, consulting of 130 acres, about twelve miles from town, ali fenced in, with dwellings, kc. This ia a good idea, and will induce many to speculate who otherwise would not think of it. I believe the number of shares will be 110', at L 5 each ; nnd, that Captain Scott has undertaken tho entire management, which will be conducted on precisely a similar principle to that which brought off Mr Fighor's distribution so satiafactorily. Although tho doctor wishes to dispose of his stud only on account of its accumulation to much larger proportions that he at firat intended it blioulu when ho made his debut on tho turf, I trust wo shall often neo his name in connection with racehorses. lam certain the turf owea him nothing, thanks to bis gutting posses ed of tho valuable animals to is now disposing of. The doctor is an immense favorite at cvory racecourse in tho colony, and no wonder, for no man conld havo run his horses to win truer than he haa dono, during tho short but prosperous career he has had on the turf.