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PATRIOTIC COUNCIL DRAWS “DIVIDEND”

OUTCOME OF TOTALIZATOR ERROR (Special to The Times) DUNEDIN, April 23. Sixty or 70 people who attended the Cromwell Jockey Club’s last race meeting each unconsciously, and involuntarily, made a contribution of two or three shillings to the funds of the Otago Provincial Patriotic Council, which was informed at a meeting today that it had struck a substantial dividend. After one race at the Cromwell meeting a compensating error on the totalizator reduced the dividend on a placed horse by 3/6 for a £1 bet and by 2/- for a 10/- bet. The result was that an amount of £9/4/- was underpaid on the race and as this money belonged to the public, the Department of Internal Affairs was advised of the position. The outcome of the mistake was that the department ordered that the “dividend” should be paid to the Otago Patriotic Council as a donation.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19400424.2.23

Bibliographic details

Southland Times, Issue 24109, 24 April 1940, Page 4

Word Count
151

PATRIOTIC COUNCIL DRAWS “DIVIDEND” Southland Times, Issue 24109, 24 April 1940, Page 4

PATRIOTIC COUNCIL DRAWS “DIVIDEND” Southland Times, Issue 24109, 24 April 1940, Page 4

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