Audited and founded correct, Shanghai, Slat March, 1682, Mr. Cory proposed That the Report accounts, as presented, be accepted and passed.
Mr. Haz seconded.
The motion was carried nem con.
The Cuarnaan then briefly addressed the meeting and in the course of his reman said they had now four more fours although the number of members was rather less than Inst year. Rowing, he said, was going up in all parts of the world. ' (He then in a fow words related what he lad seen of rowing matches on the continent of Europe.) He considered it to be the cheapest and most temperate of all recreations and believed that before the season closed they would have as many members as they had last year. They had to provide for the competition for Dent's Challenge Cup and the Hong Sculls, The boat house also required attending to. They had a good roof over their heads, but the piles beneath them were rotten, He thought that from Tls. 400 to Ti 500 would have to be spent on the hou:
Mr. W. Bucaxansaid:—From the report just laid before us it la very evident that this Club is in most flourishing condition, the amount of entrance fees and subscriptions far exceeding working expenses. I think, seeing the prosperity of the Club is established, that the time has come when the property should be valued and debentures issued to all members who joined prior to 31st December, 1881, to be distributed pro-rata according to the amounts they hay paid in subscriptions, &e., &. In the i terest of old members I submit that this scheme should be adopted at once as the hat of old hands has recently been lessened by many of their number leaving the settlement or resigning. I would further propose that the entrance fee to the Club be increased to Tls. 20. Imay say I don't know that there is any one here willing to second my proposals, The proposal caused much amusement and good humoured chaff, but did not find a seconder.
Mr. Gxass said he thought the members were to be congratulated that it was not seconded. The scheme might do in other associations, but would never meet with favour in the Rowing Club.
The Omarmaan said the next business was to elect a Committee for the ensuing year.
Mr. Goupsutrz proposed That the old Committes be elected.
Mr. Cony seconded.
Downast, proposed as an amend Mr. Dowpar1—As a member of the committee I think the mombera of the Club out to be afforded an opportunity whoever they may fancy on the ud this opportunity cannot be hotter afforded than by a ballot. Wo of and elderly me bers of the Club, and there are many men who have lately joined who might like to have a now member on the committee who would perhaps give more ready attention to their views than we should, The CHareatay said he quite agreed with Mr, Dowdall—new blood in the committee cetiid do no harm—committees after remaining long in office sometimes ge!—though that certainly could not be of either the Hon. Secretary or the Hon. Treasurer.
Mr, Grass—Yes we have been some time in office and I think there should be a ballot.
After general expressions of confidence in the committee Mr. Dowdall asked if riy one would second his amendment, Mr. Witsox—Well, I' second' the amendment just for fut.
The amendment was than put and lost by.a large majority.
The proposition was carried by a largo majority.
he Omarraan returned thanks on bo-half of the Committee and said they would all do their best for the welfare of the Club.
A general conversation then ensued on the subject of the forthcoming regatta and it was finally decided that it should be held in, or near, the creek on the 15th May next. It was also agreed that the usual annual picnic should take place on Good Friday, Votes of thanks were passed to Mr. Veitch for auditing the accounts and to the Chairman, and the meeting adjourned,
Text read from the printed page and cleaned; old type leaves the occasional error.