Dickering for the City Park Track, Daily Racing Form, 1916-10-04

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DICKERING FOR THE CITY PARK TRACK. New Orleans. La.. October 3. The directors of the Business Mens Racing Association at a meeting last night passed a resolution announcing their readiness to purchase the City Park track for 75,000 and to limit local raciug to the time between January 1 and Mardi Gras day. Although officials of the association were reticent as to the details of the meeting, it was apparent, from the hasty manner in which the resolution was adopted, that members of the board went to the meeting with that purpose in view. The resolution states that the terms of the purchase shall be on the basis of a payment of 5,000 in cash, 5,000 February 15, 1917, and the remainder in installments of 5,000 a year, with interest at the rate of six per cent. No mention is made of any intention to reimburse H. D. Brown the money he has put up as a first payment on the property. The sentiment among the racing fraternity seemed to be that the offer of the board of directors to buy the track had put an end to the proposition of the tracks operating simultaneously here this winter. II. D. Brown announced this afternoon that he would not accept the proposition of the Business Mens Racing Association to turn City Park over to them for 75,000. "That offer stood good in August, but it does not now," said he. He gave out a long statement in which he claims that two race tracks will benefit New Orleans more than one. He stated that agents of the Business Mens Racing Association were unable to find "anything against him or his record, otherwise they would have published it."


Persistent Link: https://drf.uky.edu/catalog/1910s/drf1916100401/drf1916100401_1_7
Local Identifier: drf1916100401_1_7
Library of Congress Record: https://lccn.loc.gov/unk82075800