The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1901-09-21
THE DEED OF GIFT OF THE
WORLD FAMED AMERICAS CUP

a part of the vessel for any purposes "a
measurement.
The club challenging for the cup ami
the club holding the same may by mutual
consent make any arrangement satisfac-
tory to both as to the dates, coursez.
number of trials, rules and sailing regu
lat!c1s, and any and all other conditions
of the match, in which case also the tan
months notice may be waived.
In case the parties cannot mutually
agree upon the terms of a match then
three races shall be sailed, and the vim
of two of such races shall be entitled
to the cup. All such races shall be on
ocean courses, free from headlands as
follows: the first race, twenty nautical
miles to windward and return; the sec
ond race an equilateral triangular race
of thirty-nine nautical miles, the first
side of which shall be a beat to wind
ward; the third race Qf necessary
twenty nautical miles to windward and
return; and one week day shall inter
vene between the conclusion of one race
and the starting Of the next race. These
ocean courses shall be practicable In ali
parts for vessels of twenty-five feet
draught of water and shah be selected
by the club holding the cup; and these
races shall be sailed subject to its rules
and sailing regulations so far as the
same do not conflict with the provisions
OF this deed of gift, but without any time
allowance whatever. The challenged club
shall not be required to name its repre-
sentative vessel until at the time agreed
upon for the start but the vessel wneE
named, must compete in all the races
and each of such races must be complef-
ed within seven hours.
Should the club holding the cup be for
any cause dissolved the cup shall bee
transferred to some club of the same he
tionaity, eligible to challenge under this
deed of gift, in trust and subject TO it's
provisions. In the event of the failure
of such transfer within three months
after such dissolution, said cup shall
vert to the preceding club holding the
same and under the terms of this deed
of gift. 1t is distinctly understood that
the cup is to be the property of the club
subject to the provisions of this deed.
and not the property of the owner or
owners of any vessel winning a match
No vessel which has been defeated in a.
match for this cup can be again selected
by any club as its representative until
after the expiration of two years from
the time of such defeat And when a.
challenge from a club fulfilling all the
conditions required by this instrument
has been received, no other challenge
can be considered until the pending event
has been decided.
And the said party of the second part
hereby accepts the said cup subject to
the said trust, terms and conditions, and
hereby covenants and agrees to and with
the said party of the first part that it
will faithfully and fully see that tbs
foregoing conditions are fully observed
and complied with by any contestant for
the said cup during the holding thereof
by it; and that it will assign, transfer
and deliver the said cup to the foreign
yacht club whose representative yacht
shall have won the same in accordance
with the foregoing terms and conditions
provided the said foreign club shall by
instrument in writing, lawfully executed.
enter with said party of the second part
into the like covenants as are herein en-
tered into by it, such instrument to con
tain like provision for the successive
assignees to enter into the same cove
nants with their respective assignors. and
to be executed IN duplicate, one to be re-
tanned by each club, and a copy thereof
to be forwarded to the said party of the
. second part
GEORGE L. SCHUYLER. IL 81
The New York Yacht Club by
ELBRIDGE T. GERRY,
Commodore
JOHN H. BIRD Secretary.
In the presence of H. d. HAMILTON
a a