It Is Now Out Of Debt

IT IS NOW OUT OF DEBT

But Fair Association Premiums Were Not Paid In Full

ENOUGH WAS EARNED

To Pay All Premiums In Full, If There Had Been No Back Debts To Be Cared For

The Washtenaw Fair association is out of debt for the first time in many years. The following is the statement of receipts and expendltures of the fifty-third annual fair, belng the financial statement for the year ending Dec. 31, 1901:

RECEIVED.

Rental privileges - $363.14

Hay sold - 25.62

Entry fees - 40 00

Business firms advertising - 208.00

Admission Tickets - 2,023.70

D. Y.  & A. A. R. R - 16.73

By balance - 3.56

Total - $2,680.75

EXPENSES OF FAIR

Membership-American Trotting Association - $10.05

Postage and express - 12.80

Fair posters, bills and entry books - 50.80

Posting fair bills - 48.29

Printing and advertising - 108.70

2,500 Premium books - 114.00

Use of three tents - 29.00

Saddle horse - 2.25

Hardware and merchandise - 26.35

Music - 80.00

Three night watchmen - 24.00

Draying and use of seats - 4.50

Gate tenders - 20.00

Secretary's assistance - 27.77

Treasurer's assistance - 19.00

Judges - 7.00

Hay and grain - 30.32

Straw - 31.73

Races and special attractions - 630.61

Premiums - 468.43

Labor - 162.37

Meal tickets - 25.00

General superintendent and secretary - 75.00

Total expenses of fair - $2,007.97

For permanent Improvements and former deficiencies the payments were:

27 fence posts and ticket office - $10.20

New floor in carriage house - 60.00

Paid on grand stand - 96.25

Deficiencies former fairs - 506.33

Total - $672.78

Expenses of fair - 2,007.97

Toal Payments - $2,680.75

It can readily be seen that notwlthstanding the inclemency of the weather and the fact that the D., Y. & A. A. railway went back to us, had we not been obliged to pay $506.33 for the deficiencies of former fairs, the fifty-third annual fair would have had money enough to pay all its premiums in full and to have some money left in the treasury. The framers of the constitution and by-laws of the fair society never intended to borrow any money to meet the expenses of the fair or they would not have provided in by-law No. 23 that premiums shall be paid pro rata in case there is not money enough on hand to pay expenses and premiums. The fair officers always run their own chance of raising the money out of the gate receipts when they borrowed money. It is intended that the fair receipts are to pay the expenses of each fair and no officer can legally make any debt against the fair society under the present law. 

F. B. BRAUN

General Superintendent