Annual Meetings.

New Zealand Illustrated Sporting & Dramatic Review, Volume IV, Issue 158, 3 August 1893, Page 2

Annual Meetings.

EGMONT RACING CLUB.

(FROM OUR OWN CORRESPONDENT.)

The annual meeting of the members of the Egmont Racing Club was held on Tuesday night, July 25th. There was a good attendance of members, and in the absence of the President and Vice-Presi-dent, Mr Davidson was voted to the chair. The Secretary, Mr A. G. Brett, read the balance-sheet for the past year. The balance-sheet showed that the year was commenced with a balance in the bank of 18s yd, that privileges had realised -£1736, nominations and acceptances members’ subscriptions training fees interest on deposits /L 47 Hack Sires Produce Stakes (1895 and 1896) 4 1 5°- The disbursements had been stakes £1650, charges 4358, improvements 4274, privileges £225, advertising salary print ing and stationery £2 3, training course charges 434- The statement of assets and liabilities showed that there is to credit 4 8o ° fixed depositsand 449 15s to bank balance. The liabilities arc Sires Produce Stakes (1895) /"205, do. 1896 4205, distressed jockeys’fund 4 1 9 16s 6d, balance 4419 15s Bd. The property amount showed a balance to credit of /"togs. The statement of the treasurer, Mr Nairn, who moved the adoption of the balance sheet, indicated that there was due to the club 4 102 unpaid fees. After pointing out that the stakes given were an increase of £ 160 on the previous year, he referred to the fact that the expenditure on improvements represented the thorough overhaul of the club’s property, which would not require further expenditure fora considerable time. The Sires Produce Stakes must.on the lowest possible estimate,be a financial success The training track required attention from the incoming committee, for it had been found quite impossible to keep the present tracks in serviceable order without closing them for a short time during the worst of the season. In answer to Mr Tonks, the Secretary said most of the overdue nominations were now paid..— Mr Major pointed out that the club had a remedy by posting. —The Chairman agreed that it was so, but the club did not wish to be harsh. —Mr Nairn said that no club was more particular than the

Egmont Club. Most of the money was perfectly good.—Mr Sutton raised the question that the balance-sheet should be distributed before the meeting came off, and the suggestion was generally approved. —The motion for the adoption of the balance-sheet was then put and carried. —Messrs. R. D. Welsh, J. Shove, and H. B. Lusk were elected members. —Mr R. H. Nolan was unanimously reelected President, and Mr A. W. Budge was similarly re-elected Vice-President. There were fifteen nominations for the office of committeemen, and the following were declared elected : —Messrs. W. Adamson, R. Hicks, Sutton, Spratt, T. J. Howard, Mcßae, Major, Baird, A. Goodson, Tonks, and Riddiford. A ballot was then taken for the stewards, and the following were duly elected: — Messrs. H. J. C. Coutts, T. Mason, H. Good, Dr. Westenra, H. M. Woodword, J. Davidson, R. Hicks, W. Adamson, and Heslop. —Mr Nairn was re-elected treasurer, and Mr Major suggested that a vote of thanks be passed to Mr Nairn for his long services. (Applause).—Mr. M. F. Baird was re-elected time-keeper; and Dr. Westenra was re-elected hon. surgeon. —Messrs. White and Shove were re-elected auditors.