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A OJttEAT sTAKK. With President Tom Williams decision is followed by swift action. Having decided that racing iu California had reached a stage where the establishment of fixed annual events of great value is in order he has lost no time about framing the conditions of a stake that is bound to become of national importance. Its conditions are published below. One feature that must arrest the attention of owners is that no forfeits will follow the annual decision of this great stake. It will be spot cash down for each lucky owner as soon as the winning numbers are hung up. The race will first be run in December, 1902, at Oakland over a course that will be about six and a half furlongs iu length. Heie are the terms : "California Jockey Club Futurity Stakes, with ,750 aGded, for the Decembandr meeting of 1902, to close January 2, 1900. By subscription of 0 each, money to accompany the entry, for mares covered in 1899, and farther subscription of 5 each for the produce of such marea by July 15, 1901, or such produce will be struck out and a further subscription of 5, January 1, 1902, or such produce will be struck out, and a further subscription of 0 by July 15. 1902, or such prodcce will be struck out. All starters to pay 50 additional, all of which shall go to the second and third horses, as further provided. California Jockey Club to add ,750. The second to receive ,000 of the added money and two-thirds of the starting money, the third 00 of the added money and one-third of the starting money. "The breeders of the winner, of the second horse and of the third horse, namely, the owner of the mare at the time of entry, to receive ,000, ,250 and 00, of the added money, respectively, whether they be the owner of the horse when the race takes place or not. "Colts 118 pounds, fillies and geldings 115 pounds. Winners of ,500, 3 pounds; of two racos of ,500 or one of ,500, 7 pounds; of four of 500 or two of ,500, or ono of ,009, 12 pounds extra. The produce of mares or Btal-lious which have not produced a winner prior to January 1, 1900, allowed 3 pounds, of both mares and stallions, 5 pounds; not necessary to claim the Baid allowance at the time of entry. Maidens allowed 10 pounds. Marea may be entered by persons not their owners, the owner having the prior right. If a mare in thiB stake drops her foal before the 1st of January, or if she baa a dead, or more than one foal, or is barren, the entry of such mare is void, and the subscription will be returned. By filing at any time with the California Jockey Club an accepted transfer of the produce, with its engagements in this stake, accompanied with receipts for all former payments, the original subscriber will be released from any liability as to the engagements of the produce. Should a subscriber or a transferee die before the race, the entry shall not be void, provided it to be assumed by the then owner of the horse, notice in writing to that effect being given within three months after such demise."
