Incorporate Nursery Stud: Wise Precautionary Action to Protect Stake Entries by Major Belmont, Daily Racing Form, 1921-01-25

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INCORPORATE NURSERY STUD Wise Precautionary Action to Protect Stake Entries by Major Belmont. The Nui-er.v Stud. Major Augii-I Belmont - great breeding establishment near Lexington. Ivy., baboon inctii pi rated in Fayette County. Ky.. with a capital stock of sum.iinn l.noo -hate- of MOO each. explaining the incorporation Major Belmont said: "1 lacorporated the Nursery Stud to protect the stakes and entries of the mares and youngsters under the rub-, which in case of the death of a nominator void all eati h - "Slakes are growing so large and valuable that engagements have become a serious a — et and that is my idea of the best way to protect Ihein. In-Corporatiea mean- no change in ownership." The aciiou of Major Belli t. it is likely, will probably be followed by other owners and breeders of thomughbicils. It seems to be a wise precaution and lo effectively safeguard interests which would be vitiated in Ihe ease of a m initiator acting a-an individual. The Fin m it.v of MSB recently chased with more than l.tim nomination- and 1C7 individuals represented. This race will he worth in the neighborhood of sTo tlilii 10 the winner. There are many other valuable stake assets which such action a- ha- beea taken by Major Belmont v. aid protect for an estate or an individual — a


Persistent Link: https://drf.uky.edu/catalog/1920s/drf1921012501/drf1921012501_1_14
Local Identifier: drf1921012501_1_14
Library of Congress Record: https://lccn.loc.gov/unk82075800