The Montgomery advertiser., 1905-11-28
EDW ARD VII.
 GIVES A CUP Compliments New York
 Yacht Club. TO BE SAILED FOR YEARLY Conditions Named by the
 Royal Donor. On Motto. ef Commodore Lesy.rs Resolutions of TAaaks are Passed, and . Copy csslsd
 to the xi.s.
TO BE SAILED FOR YEARLY

NeW 1orks NOV. 2I--Announcemeut was made tonight at the New York Yacht Club of the presentation to the club by King Edward of a trophy to be known as the Kings Cup" and to be raced for annually by American yachts in American waters,
 More than a hundred yachtsmen ro- sponded to the call for q special meet ing of tho New York Yacht Club to- night when Commodore Bourne. who presided. said:
 Some time ago I received an in- formal and confidential letter from Lord Crawford informing me that sit was his ynaJesty's desire to present d cup to the Now York Yacht Club to bo sailed for annually under terms and conditions to be formulated, and asking my cooperation in order to arrive af a set of rules or regulations which would at the same time carry out his maJesty's object and bs agreeable to the New York Yacht Club.
 vrhereupon some exchange of com munfcations took place between us and rules and regulations of the char acter I have mentioned were formu- lated, and have received from Lord Crawford letter in which he says;
 Letter from Lord Crawford.
 It Is my pleasing duty on behalf of his majesty to inform you formally that it is his desire to present a cup 10 the New York Yacht Club which shall be competed for annually by yachts belonging to an American yacht club of good standing. subject to tho rules and regulations sent"
 Continuing. the commodore said that such suggestions as he had offered concerning the rules for racing had been received and accepted by his ma jesty with great liberality of spirif The conditions which. it is said, were arranged for the greater part by fhe King himself are as gollows:
 First--This cup is to be known al the Kings Cup.
 second--Tha cup shall De forever held by the New York Yacht Cluh. tn he sailed for annually. The oxvf,er uf each yacht winning shall receive from the Now York Yacht Club a suitable medal or other trophy to cofnmemorate his victory.
 Third--Races for this cup shan be sailed under the racing rules of the New York Yacht Club as the same shah be from time to time in force, includ- ing the rules for measurement and time allowance except as otherwise provided in these terms and conditions.
 Eligibility of Yachts.
 Fourth--Any yacht, belonging to any yacht club in the United States in good standing shall be eligible 10 enter in these races, provided that in the case of a single masted vessel she be of a water line length of not less than fifty feet and that in the case of a vessel of more than one mast she shall be of waterline length of not less than sixty feet, but the limitations of dimensions may from time to time be altered by the unanimous action of the flag ofI1- cers of the New York Yacht Club taken not less than ten months prior to the race to which such alterations shall be applicable.
 Fifth--The courses and dates and any other conditions of the races not incor- porated with these conditions 6r with the racing rules of the New York Yacht Club shall be determined from time to time by the flag omcers of that club but unless circumstances shall arise which in the Judgment of the flag officers make 1t inexpedient to do so the races shall preferably take place over one of the courses of Newport during the annual squadron cruise of the club.
 Wfthout Time Limaft.
 Sixth--All races for this cup shall be sailed without time limit.
 Seventh--Entries for these races must be in writing and must be lodged with the Regatta Committee of the New York Yacht Club not later than forty-eight hours before the time of starting
 Commodore Ledyard offered the fof- lowing resolutions. a copy of which were cabled to the King:
 The New York Yacht Club desires to express its very deep appreciation of the gift of His Majesty. King Edward VII. for the cup to be known as The Kings Cup and accepts the terms and conditions of the gift.
 The club recognizes with sincere gratitude the honor thus bestowed upon it. His Matesty's keen interest in the sport has ever been regarded with ad- miration by American yachtsmen and his powerful influence in maintainlna its best standards and highest tradi- ttons has been as effective In American as in English waters. The club win aI- ways cherish with pride the trophy thus committed to its trust"