New Jersey Attorney General Hits at Race Track Breakage, Daily Racing Form, 1947-05-23

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New Jersey Attorney General Hits at Race Track Breakage TRENTON, N. J., May 22. Attorney General Walter D. Van Riper today called the race track system of breakage "larceny by statute." Van Riper told the Court of Error and Appeals that the Garden State Racing Association had "ill grace" in complaining about a 1946 law giving the state the breakage on a graduated scale, from which the new recent tracks, Monmouth Park and Atlantic City, were exempt for two years. He said that Garden State had collected almost ,650,000 in breakage between 1942 and 1946. Van Riper said the entire act was based on the desire to encourage venture capital and that the exemption for the new tracks for two years only gave them half of what Garden State had enjoyed for four years. The 1946 breakage from Garden State, amounting to 57,000," is being held in trust until the court rules on the tracks attack on the constitutionality of the law. The track is appealing from a circuit court decision upholding the validity of the legislation. Decision was reserved by the errors court.


Persistent Link: https://drf.uky.edu/catalog/1940s/drf1947052301/drf1947052301_6_2
Local Identifier: drf1947052301_6_2
Library of Congress Record: https://lccn.loc.gov/unk82075800