view raw text
MEET HORSEMENS DEMANDS Fair Grounds to Give ,500 Daily Purses E. C. Smith to Succeed Joseph A. Murphy. NEW ORLEANS, La., November 9. Granting of a ,500 daily purse distribution, under a provisional agreement and appointment of K. C. Smith of New York to succeed Joseph A. Murphy as presiding judge at the Fair Grounds constituted the chief business of the meeting Tuesday afternoon of the Business Mens Bacing Association board of directors. The meeting was held at the Fair Grounds offices. Serving in the judges stand with E. C. Smith will be Malcolm Macfarlan, who is presiding steward at the Devonshire race track and who has been prominently connected with the thoroughbred sport for many years. President B. C. McClellan, just returned from Kentucky, where he held several meetings with the Thoroughbred Horsemens Association, laid before the board of directors the provisional proposition, which he had worked up with the horsemen. Briefly, the proposition is this: There are to be six SI ,000 purses and one ,500 liurse at the Fair Grounds each day, starting New Years day and continuing for the thirty-three days meeting. Twenty-five per cent of all purse money is to be held in escrow by the association until such time as it will be proved the profits of the association will equal or exceed 5,000 over and above all expenses, including the payment of 5,000 on the City Park race track and and an additipnal 3,000 interest. In other words, the association must clear 23,000 above all usual expenses to go through with the ,500 daily purse total. As scon as it is known the associations profits will reacli that sum, the horsemen will bo paid off in full. If the associations profits show under the stipulated 75,000, an amount necessary to make up the difference will bo deducted from the sum held in escrow. If all the money in escrow is needed, the purses will stand as originally paid in cash and will amount to only ,025 per day. Iu granting the horsemens provisional terms, the directors of the Business Mens Racing Association felt they were taking a move for the good of raciug and for the good of New Orleans iu general. Includiirg the payments on City Park race track will mean oue big thing racing can do for the city, it was believed, and, for that reason, the majority of the directors held the proposition a sound, business-like one. Other racing officials to serve at the coming meeting were chosen as follows: Joseph A. Mclennan, racing secretary; J. B. Campbell, clerk of the soulcs; A. B. Dade, starter; Wash It. Nor-vell, patrol judge. Present at yesterdays meeting were President McClellan, Frank St. John, -Ai Burgluss, Arturo del Orto anil Henry Pcdarre.
