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THE WANGANUI JOCKEY CLUB.

THE ANNUAL REPORTThe following satisfactory report will be presented to members at the Annual Meeting to be held on Wednesday next, July 25 : — In presenting the annual balance-sheet to Members, the Committee congratulate them on the successful result of the year’s operations. Comparing figures with those of the previous year the receipts show an all round increase, the total receipts being £8,240 8s Id, as against £7,502 8s Od, or a net increase of £738 Os Id. On the expenditure side, stakes show an increase of £330, and £631 8s lid was spent on permanent improvements. Notwithstanding the heavy expenditure disclosed in the balance-sheet, the net profit for the year amounts to £379 Is lOd. In view of the strong financial position of the Club your Committee recommend that the stakes for the ensuing season be materially increased, feeling sure that such a course will tend to popularise the Club with horse owners, and in the interest of racing generally. At the last Annual Meeting Mr Freeman R. Jackson resigned his position as Treasurer, and subsequently intimated to the Committee that, owing to continued ill-health, he was compelled to resign his secretarial duties. Your Committee reluctantly accepted Mr Jackson s resignation, and in appreciation of his past services, voted him a full year’s salary as a retiring allowance. It is now with deep regret your Committee have to record Mr Jackson’s death, which took place a few weeks ago. In view ot his many services to our Club your Committee recommend that some lasting memento be arranged for to perpetuate the memory of one who did so much for us. . . Consequent on Mr Jackson’s resignation, Mr F. Moffatt was appointed Secretary, and your Committee congratulate members on having secured the services of a gentleman so well qualified to fill such a responsible position. The following members retire from the Committee, but are eligible for re-election, viz:— Messrs R. Anderson, Jas Watt, A. Cameron, and Dr Saunders. In concluding this report your Committee desire to thank all the officials of the Club, honorary and otherwise, for the careful attention they have given to their respective duties. Dr Connolly has given notice that he will move at the Annual General Meeting, “ That the office of Judge be a paid one,” and in the event of this motion being carried, “ That the by-laws be altered accordingly.” The Annual Meeting of active members be held at Chavannes’ Hotel, on Wednesday, July 25, 1900, at 8 p.m. Business : To receive report and balance-sheet, elect four members of Committee, other honorary officials and an auditor, and the consideration of Dr Connolly’s notice of motion given above. STATEMENT OF RECEIPTS AND EXPENDITURE For the Year Ending June 30, 1900. Receipts.

1899-1900 £ s d £ s d Balance in bank July 1,1899 ... 779 0 8 Cash balance .. 5 3 8 784 4 4 Privileges acconnt — 1791 Gates, stands, etc 13 6 Booths, cards, etc. ... ... 506 10 0 Totalisator 4139 3 7 6437 1364 7 1 Nominatio.is and acceptances... 0 0 Members’ subscriptions 249 18 Training fees Interest account 60 0 0 Kegistratio.i of assumed names 8 8 0 Protest deposit forfeited Old accounts collected 10 10 0 Total £9024 12 5 Expenditure. 1899-1900 £ s d £ s d Stakes paid Salaries account— 150 4730 0 0 Secretary 0 0 Clerical assistance 31 10 0 Custodian 100 .0 0 Handicappers 150 0 0 Starter 60 0 0 Auditor F. R. Jackson's retiring 5 150 5 0 allowance 0 0 646 Totalisator account— Government tax 680 10 5 Wages account— Attendants on race days ... 196 10 6 General 101 11 0 298 176 631 6 6 Advertisic g and printin g 19 7 Permanent improvements Conference levy and delegates’ expenses Exch* 18 0 0 3 7 6 Charges account — .Rents, rates, and insurance 85 1 11 Band 60 0 0 Telephone ... 6 0 0 Postage and telegrams ... 25 6 17 4 Luncheons, etc 91 6 Stationery ... 26 13 0 Subscriptions to racing records 7 4 0 License fees for booths 10 1 0 Life members’ medals 1 11 7 6 Repairs and maintenance .. 148 14 7 Metropolitan Club’s expenses 16 8 9 Sundries 29 Donation to Coyle Fund 5 5 0 Donation to War Fund ... 105 0 0 Donation to St John Ambulance Corps 25 0 0 653 300 7 4 Fixed deposit increased by Balance in Bank N.Z 883 9 0 0 0 Cash balance 2 8 2 885 17 £9024 12 2 5

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZISDR19000719.2.29

Bibliographic details

New Zealand Illustrated Sporting & Dramatic Review, Volume X, Issue 521, 19 July 1900, Page 13

Word Count
747

THE WANGANUI JOCKEY CLUB. New Zealand Illustrated Sporting & Dramatic Review, Volume X, Issue 521, 19 July 1900, Page 13

THE WANGANUI JOCKEY CLUB. New Zealand Illustrated Sporting & Dramatic Review, Volume X, Issue 521, 19 July 1900, Page 13