MARTON JOCKEY CLUB

Wanganui Chronicle, Volume LXXXI, Issue 18791, 29 May 1923, Page 3

MARTON JOCKEY CLUB

ANNUAL MEETING. The annual meeting of the above club was held in the Coronation Hall. Marton, last night. Mr. R. E. Beckett presided over a good attendance of members. ANNUAL REPORT OF COMMITTEE. The chairman, Mr. R. E. Beckett, reported as follows: — Your committee have again the pleasure of presenting a highly satisfactory balance-sheet for the year ending March 31, 1923. There has not been much of a special nature to report upon other than the fact that during the year the accommodation house has been extended, and the work of making the new course is steadily progressing. In the meantime your committee is acquiring funds, and has now a sum of £2450 towards new buildings when the time for removal arrives. The statement of assets and liabilities show the latter to be nil, whilst the former are over £20,000. Mr. R. E. Beckett retires from the position of president, Messrs. D. G. Riddiford, S. Skcrman, K. W. Deighton, and F. R. 11. Brice as vice-presidents, and Mr. D. G. Riddiford as treasurer, and Messrs. J. 11. C. Broad, 11. J. Cameron, E. Openshaw, H. Me Mana way at» members of the committee, and being eligible, offer themselves for re-elec-tion.

It is with deep regret that you committee have to record the deaths of Messrs. W. C. Kensington, W. J. Phillips, R. Edwards, and J. Collis, all highly respected members of the club. In conclusion your committee desire to tender their most hearty thanks to all those holding honorary positions, who did so much to contribute to the success of the meetings.

BALANCE-SHEET TO MARCH 31. 1923. Receipts.—By balance at bank, 31st March, 1922, .£l2O 12s 9d; subscriptions (members), £l5B 12s. Nominations: Entries and acceptances, £1272 10s (arrears £6B), £1340 10s. Privileges: Gates £2446 4s 6d, booths £ll5, correct cards £461 15—£3022 5s 6d. Totalisator, £8405 7s 3d; interest, £72 10s; training fees, £l2 10s: accommodation ‘ house and stables £6B 15s 4d; sundries, £95 17s 6d. Total, £13,597 0s 4d. Expenditure: To stakes, £5830; salaries, £546 12s; wages £250; attendance at meetings, £444 7s 6d; building account, £491 8s; labour and maintenance, £775 7s sd; advertising, printing, and stationery, £336 14s lOd. Government taxes: Totalisator £2238 4s, privileges £64 0s Bd, stakes £583, dividends £4029 6s, amusement tax £236 7s Id, land tax £25 Ils, income tax £495 6s 6d—£7671 15s 3d; less amount collected owners and dividends £4612 65—£3059 9s 3d. Rates £67 13s 3d, insurance £llB 15s sd, donations £25, New Zealand Racing Conference £ll5 12s 4d, Wanganui District Committee £7l 7s 9d. General expenses: Auditor £lO 10s, postage, telegrams, etc., £B5 9s Id, bank charges and interest £22 9s 3d, rent £2O, sundries £290 16s 9d—£429 5s Id. Bank of New Zealand (fixed deposit) £lOOO. Balance at bank, 31st March, 1923, £172 2s 2d; less unpresented cheques, £136 14s Bd—£3s 7s 6d. Total, £ 13,597 0s 4d. PROFIT AND LOSS ACCOUNT AS AT 31st MARCH, 1923. Stakes £5830, salaries £546 12s, wages £250, attendance at meetings £ 144 7s 6d, labour and maintenance £775 7s sd, improvements £491 Bs, advertising, printing, and stationery £336 14s lOd, Government taxes £3059 9s 3d, rates £67 13s 3d, insurance £llB 15s sd, New Zealand Racing Conference £ll5 12s 4d, Wanganui District Committee £7l 7s 9d, donations £25, general expenses £429 5s Id, Bank of New Zealand deposit £lOOO, depreciation £628 15s 6d. Total £14,190 8s 4d. Subscriptions (members) £l5B 12s, nominations £1340 10s. privileges £3022 5s 6d, interest £72 10s, totalizator £8405 7s 3d, training fees £l2 10s, accommodation house and stables £5B 15s 4d, sundries £95 17s 6d, balance £lOl4 0s 9d. Total, £14,190 8s 4d. ASSETS AND LIABILITIES.

Assets.—Land, £6BlB 7s 3d. Buildings: Grandstands £6166, less depreciation 71 per cent., £462 95—£5703 Ils. Buildings: Accommodation house, stables £4375 18s, less depreciation 3 per cent. £l3l 5s 6d—£4244 12s 6d. Total for buildings £9948 3s 6d. Plant, £7Ol 5s Od; less 5 per cent, depreciation, £35 Is —£666 4s. Dishonoured cheques £33 0s 6d, Bank of New Zealand (fixed deposit) £lOOO, money on deposit £1450, sundry debtors £5B, balance at Bank, 31st March, 1923 £172 2s 2d, less unpresented cheques £136 14s Bd—£3s 7s 6d. Total, £20,009 2s 9d. Liabilities.—Nil. ELECTION OF OFFICERS. The following officers were elected for the ensuing season: President, Mr. R. E. Beckett (re-elected); vice-presi-dents, Dr. 8. Skcrman and Messrs. F. R. 11. Brice, K. W. Deighton, and D. G. Riddiford; hon. treasurer, Mr. D. G. Riddiford; handicapper, Mr H. Coyle; surgeon, Dr. T. Gerald Harpur; hon. veterinary surgeon, Mr. A. H. Bill; clerk of scales, Mr. F. L. Y’oung; hon. assistant clerk of scales, Mr. J. H. C. Broad; hon. timekeeper, Mr. R. F. Wood; clerk of course, Mr. W. E. Gibbons.

Committee (four vacancies): Messrs E. Openshaw, J. H. Broad, H. McManaway, H. J. Cameron (all re-elected). The chairman expressed appreciation of Mr E. A. Campbell reaching his 80th birthday, and remarked on the high esteem in which he was held. It was decided to forward Mr Campbell a letter of congratulation and wishing him continuous good health.