New-York tribune., 1902-10-31

Nine members of the New York Gacht Club
will furnish the money TO pay for the building
equipping and running of the new defender OF
the America Cup.
This official announcement was made BY Sec
retary George A. Carmack after a meeting OF
the club last night. and these are the men who
compose the syndicate
Sass Gie@eut H. G@Ei Gri.co SorneiHa. SshderSift
Sorma% Sirnas% 4. g. Resm: RsSGs henry ""''e
The amount that each viii subscribe is not
stated but # is fair to suppose that the total
sum the new boat has cost when the races are
over viii be equally divided among the MEM
bers of che syndicate
Commodore Lewis Cass Ledyard, who has
quite recovered from his recent illness. presided
al the meeting He warmly greeted by the
throng OF members present. II was indeed a
representative gathering Of yachtsmen, and
there was plenty OF enthusiasm when the
names Of the members OF the syndicate were
announced. There We're more cheers when the
additional statement made that the new
cup defender had been ordered. The contract
has been signed with the Herreshofrs. and the
work already begun on the construction OF the
yacht.
II was also officially announced that c. Oliver
Iselin is TO have entire charge OF the new boat
and that Captain Charles Barr IL to sail her.
General approval was manifested by all the
members present when these facts were made
known, and additional satisfaction shown
when further announcement made that
August Belmont had consented 10 take charge
Of the sloop Constitution. Urias Rhoades her
former skipper. is again 10 be her sailing mas
ter. with Captain Terry his assistant
The famous old Columbia is to be managed by
ex- x-Commodore Edwin p. Morgan, with Lem
Miller skipper and as many Of her old crew
as can be obtained.
With the exception of Elbert H. Gary and
Norman B. Ream. both OF whom were elected
members Of the club at its meeting last Thurs
dav. all the members Of the syndicate have been
members of the club for some time. All except
Messrs. Gary. Ream and Rockefeller are yacht
owners.
James J. Hill president Of the Great North
ern Railway, is the owner Of the large steam
Yacht Waconta. He was elected a member in
February. 1901.
Clement 4 Grscom, president Of the Interna-
tlonal Mercantile Marine Company. owns the
steam Yacht Alvina. He has been a member
of the club since 1877.
William b. Leeds president OF the Rock Island
Railroad, owns the steam yacht Mona. He was
elected in March. 1901
william Rockefeller Of the Standard OIL Com
pany. was elected member in July. 1890
racing yachtsm n. He owns the famous IO-foot
sloop Rainbow. the fast steam yacht Mirage
and the large cruising steam yacht North Star.
He was elected I'm March. 1891
Henry Walters, of Baltimore. president OF the
Atlantic Coast Line, owns the fine steam yacht
Narada. He has been member since 1896
P A B. Widener, OF Philadelphia, the traction
magnate, owns the large steam yacht Jose
phine He elected member in February.
1896
All the nag officers Of the club were present
at the meeting. The report Of the finance COM
u1ittee was passed, thanking the Eastern Yacht
Club for its courtesies during the cruise OF the
New-Yolk Yacht Club last August.
Rear Commodore c. l. F. Robinson's reso-
luton of thanks to the Kaiserlichen Yacht Club
for courtesies extended TO the club through
him was also passed.
Commodore Ledyard appointed the following
committee 10 confer on the subject of a West
indian cruise this winter: Captain Anson Phelps
stokes Lloyd Phoenix and Robert r. TOD.