THE NORTHEAST HARBOR FLEET ANNUAL REPORT 2005 OFFICERS and COMMITTEE CHAIRS for 2004-2005 Term expiring September 30, 2005 OFFICERS Commodore Harry (Gary) R. Madeira, Jr. Vice Commodore Schofield (Sandy) Andrews, III Rear Commodore Robert L. Johnstone, III Treasurer Alan R. Crain, Jr. Clerk Schofield (Sandy) Andrews, III Chairman of the House Committee Linda Reeve Chairman of the Race Committee John C. Henry, Jr.* Chairman of the Membership Committee Gail F. Cook* Fleet Counselor Kaighn Smith, Jr.* (*appointed by the Commodore) EXECUTIVE COMMITTEE Schofield Andrews, III John C. Henry, Jr. Kaighn Smith Jr., Esquire Robert L. Johnstone, III Linda Reeve Henry G. Brauer Gail F. Cook Harry R. Madeira, Jr. Alan Crain Jr. Gregory C. Wilkinson (ex-officio) RACE COMMITTEE Harry (Gary) R. Madeira, Jr. Fred Ford C.W. McCullagh Lily Caldwell Tom Fremont-Smith Meredith Reece Max Caldwell Gordan Haaland Stockton N. Smith Sam Cocks Stephen Homer Adam Wibby Sarah Coffin T. Courtenay Jenkins, III Dr. Wayne W. Wibby Toby Elliman Stephen Madeira Scott Redmond Daphne Lyman Helen Grassi John C. Henry, Jr. Chairman Also appointed and serving for the year 2004/2005 are: Downeast Race Week Committee Robert L. Johnstone, III Membership Commitee Gail F. Cook Nominating Commitee Henry Brauer Technology Committee Steve Madeira Cruising Class Captain Hal Kroeger TABLE OF CONTENTS Officers 2004/2005 and Committees Inside Front Cover In Memoriam 2 John Tyssowski Roberts Tribute 3 Henry Reath Tribute 6 Staff 9 Commodore's Report 10 Officers 2005/2006 and Committees 15 Former Officers 16 The Charles D. Dickey Award 21 The Kevin P. Mahaney Award 22 Fleet Night 23 Cruiser/Racer Class Race Results and Awards 24 Downeast Race Week Results and Awards 35 One-Design Class Race Results and Awards 44 Barton Eddison 2005 Race Feature Centerspread C-1 to C-16 Junior Sailing Race Results and Awards 61 List of Yachts 67 List of Members 75 By-laws 97 Auditor's Report 104 Administrative Address and Information Back Cover 1 IN MEMORIAM The Northeast Harbor Fleet acknowledges with sorrow the passing of: Henry Reath, Rear Commodore 1954 John T. Roberts, Commodore 2001-2002 Vice Commodore 1999-2000 and Rear Commodore 1997-1998 2 IN MEMORIAM Photo compliments of W.R. Kales John Tyssowski Roberts 11/13/35-5/10/05 Commodore John Tyssowski Roberts died May 10, 2005. "JT" as he was known, served the Northeast Harbor Fleet faithfully and diligently in virtu- ally every Executive Committee post during his lifetime including: Com- modore (2001-2002), Vice Commodore (1999-2000) and Rear Commodore (1997-1998). He was also an enthusiastic skipper of his beloved IOD # 22 called Woodie. He will be remembered fondly by the membership, the Flag Officers and other Executive Committee members with whom he served. JT was the first Southwest Harbor resident to serve as the Commodore of the Northeast Harbor Fleet. Nevertheless, his family has enjoyed a long history with the Fleet. JT was the great nephew of John Tyssowski (for whom he was named), a great sailor in the 30 sq. meter class (along with Barton Ed- dison, Francis Grant, and Alex Yarnall) in the 1920's - 1930's. Tyssowski served the Fleet as both Vice Commodore (1930), and Rear Commodore (1928-1929). As an interesting side-bar, John Tyssowski's father-in-law was Samuel Woodward, co-founder of Woodward & Lothrop a prominent Washington, D.C. retailer known to its patrons as "Woodies". JT honored his ancestors by adopting this name for his own IOD. JT will also be remembered as being instrumental in the founding of the Northeast Harbor Sailing School, the 501(c)(3) not-for-profit organization that was separately incorporated to continue the tradition of sailing instruc- tion to juniors, begun by the Fleet as far back as the 1940's. As a separate entity, the school's mission was broadened further to offer instruction to children in the year-round community, with scholarship funds available if needed. JT helped author the School's by-laws, create its governance structure, and served as one of its original incorporators. In memory of his efforts, the School has created a scholarship fund in his name, and recent donors to the School have honored JT's memory by naming a newly pur- chased boat for him. Woodie will continue to be seen on the starting line at Fleet races under the direction of John T. Roberts, Jr. - perhaps assisted in time by John T. ("Jack") Roberts, III (now age 10), continuing a family tradition of sail- ing under the Northeast Harbor Fleet Burgee that now spans 80 years (and counting). By: Commodore Harry R. Madeira, Jr. 4 Photo compliments of Henry Brauer, Former Commodore Woodie VAILE Photo compliments of W.R. Kales Jean Burden and Merideth Reece with JT 2001 Labor Day Race Winning Team 5 In Memoriam Photo compliments of Nell Reath Henry Thompson Reath 1919-2005 Henry Reath won the Seaman's Race in the B Boat Class in 1934 at age 14. He became a Junior Member of the Fleet in 1935 and won the Seaman's Race again that year. In 1937 he won the August Series in the B Boat Class and also won the August Cruise. In 1939 he was second in the Class B August Series and third in the Davvy Hayward Race, (George Davenport Hayward Cup). He was the Fleet's first employed Sailing Instructor that year, working at the then new Fleet headquarters at Sea Street. Henry Rawle, Commodore, credited him with running things with admirable efficiency. By 1946 Henry had switched to the A class. He finished 5th out of 26 entries in the August Series. In 1947 he won Class A in the August Cruise. What a record! In the mid 1950s he switched boats again as the Fleet adopted the sleek Luders 16 with its 180% Genoa jib. For 20 years Henry was a regular and fierce competitor in every sort of race that the Fleet sponsored -- winning at one time or another the July Series, the August Series, the August Cruise, the Single-handed Race, the Davvy Hayward Race twice, the Labor Day Series -- usually at the helm of the L-16 Quiver (sail number 20) stalwartly crewed by his wife, Nell, on the jib and spinnaker sheet and one or more of his five children. "Remember, kids, if we aren't over the line early at least once every ten races, we aren't hitting the line hard enough." 6 Henry was a great advocate of the Fleet's junior racing program and when the Mercury class replaced the Herreshoff Bull's-eyes, he bought number 10, Rhega (an acronym for his children, Robin, Henry, Ellen, Ginny and Ann) After participation in the L-16 class racing diminished in the 1980s he competed well into the 21st Century with much valor if with less victory, first in his J24, then J22 both named Loon, with crews of grandchildren and their friends. "Remember, Kids, if we aren't over the line early " In spite of Henry's strong competitive side, he never looked for "ace sailors, ringers" outside of the family--he always used family and their friends, able or not SO able--and taught them what they needed to know. Either they returned for another day of racing or they didn't, but usually they did and often helped him win even into his 80's. He had no time for bigger boats or motor yachts, despite his many infirmities, when those style boats would have been easier for him to get into and enjoy the water. Instead he went even smaller to a 13' solar powered sailboat designed by Gary Hoyt called Moon. In storms and high winds he found the challenge unsurpassable. On his last summer before he died, he was wheeled down to the dock in his wheel chair, lifted out by many good helpers and put into the 13' boat with his grandson, Porter Fox and took one last sail down Somes Sound. By: Former Commodore Dr. Joseph L. Grant Commodore from 1973 to 1975 Honorary Member 2002 Henry Reath, Jr., and Robin Reath Graves 7 B-11 Photo by Lincoln Photo Engraving Co. compliments of Joseph Grant Henry Reath Sailing B boat number 11, Vega with his mother, Mary Thompson Reath, in the Western Way in the 1930's. 8 THE NORTHEAST HARBOR FLEET STAFF Administrative Staff Fleet Manager Greg Wilkinson Office Manager Sarah Wilkinson Assistant Treasurer Deborah S. Brown Photo compliments of Harriet Madeira Sarah and Greg Wilkinson Dock and Launch Staff Launch Driver and Race Committee Max Caldwell Launch Driver and Race Committee Alden Hawkins Launch Driver and Race Committee Nick Ewenson 9 Photo by Harriet Madeira Auriga Commodore Harry R. Madeira, Jr. IOD Class 10 Photo by Linda Reeve COMMODORE'S REPORT 2005 I am pleased to report that at the conclusion of the 2005 season, the Northeast Harbor Fleet, and its two sister organizations, the Clifton Dock Corporation and the Northeast Harbor Sailing School all reported excellent years. By nearly every measure our organization is bigger/better/stronger thanks to the abilities and dedication of our Staff, and the enthusiasm and support of our membership. Below are some highlights of the season, and a few "thank yous" Staffing: We are very ably led by the "team" of Greg and Sarah Wilkinson. They have now completed their 6th and 2nd year with us (respectively), and the quality of the racing, the popularity of the sailing program, the efficiency of the operation, and the stature and enthusiasm the organization enjoys, is due in large part to their efforts and dedication. We are indeed fortunate to have them in charge of both the land-based, and water-based aspects of Club operations. Thank you Greg and Sarah! Deborah Brown completed her first year as a full-time club employee, and I thank her for her diligent work on all bookkeeping matters, for her attention to all matters financial, and for her work on this Yearbook. Clifton Dock Corporation (CDC): This was a transition year for CDC, 11 now under the leadership of Sandy Andrews. As the membership is aware, CDC out-sourced the fueling operations at Clifton Dock to Island Heating and Plumbing a year ago, which had the effect of keeping the traditional services available to our membership and the community at large, and at the same time got the organization out of the fuel business. Clifton continues to manage the mooring operations at both Gilpatrick's Cove and in the harbor at Clifton Dock. We have some additional thoughts about how to improve the value of this organization to the membership, and the Corporation's clientele for next sum- mer which I am excited about. Specifically, we plan to add a launch service for mooring renters there, similar to what we offer at Gilpatrick's Cove. We have also begun the process of expanding the mooring field in Gilpatrick's Cove to satisfy membership demands, and increase revenue. We have also developed a mooring policy procedure designed to make the application process easier for the existing mooring renter, and more transparent for new/ prospective renters. An added benefit of the system should be an ability to generate additional income from transient mooring renters. NEHSS: The sailing school concluded perhaps the busiest year in its history, with total enrollment up substantially (205 to 248 or 20%), and with enrollees staying for longer stretches of time. The school also expanded its outreach into the community through a formally funded scholarship program, a continuation/expansion of its collaborative with the kids in the Neighborhood House day camp program (on Friday mornings), and the goal of expanding its Governing Board with additional non-Fleet community leaders. The Sailing School has also been active reaching out to other area clubs to promote friendly competition in the form of team races and other "social" events. I am very proud of the efforts they have made, and the participa- tion it has engendered. Activities like this have heightened our stature in the region and expanded the popularity and fun of the sport among the next generation of sailors. By way of example, the W. Barton Eddison Race, traditionally sailed in IOD's, has been expanded to include juniors from other area programs. 12 Participation this year was over 80 kids!! If the goal of an organization like the NEHSS is to promote an interest in, and love of the amateur sport of sailing: mission accomplished. Thanks surely go to Malinda Crain and the Board of the Sailing School, as well as to Sarah and Greg Wilkinson for their tireless efforts on behalf of the SS, and junior sailing in the region generally. Physical Plant: With the completion of the new roof, and the replacement of one of the main floats, the physical plant seems to be in good repair. Property maintenance in eastern Maine is always challenging, but we think we are staying ahead of the curve at the moment. Furthermore, through the efforts of House Committee Chair Linda Reeve, we have upgraded our on-shore appearance as well by replacing the rotted wicker furniture in the Putnam Room, and adding a touch of color with flower boxes and planters around the grounds. The House Committee has also stepped up its off-season grounds maintenance program this fall/winter which we hope will make the operation look even better next year. Finances: We have nearly achieved our goal of having one year's worth of operating expenses in reserve to cover unexpected expenditures at the Fleet. As I stated in the Spring Letter, I would like to hold the line on membership dues, and reduce the capital dues for next year. So far, even considering the maintenance projects we need to confront this off-season, this looks like an achievable goal. Activities: Our modest organization continues to offer the membership an amazingly active calendar of races and activities. In the 60+ days of opera- tions during the summer, the Fleet ran over 80 races; a combined total for one-design racers, juniors, and cruising boat owners. It's hard to imagine that there are enough days to fit it all in, but somehow it works. Believe it or not, thanks to Hal Kroeger, we have even added another event and trophy to the calendar. Beginning this year, an event called the FAR OUT challenge was initiated as an end-of-season race for the cruising boats. Thanks go Greg and his staff again for managing this program, and special thanks as well to Rear Commodore Bob Johnstone for his leadership in pro- 13 moting cruising class activities - both on the water and off - and for Chairing the successful Downeast Raceweek in August. Additionally Bob produced a terrific speaker - Olympic Gold Medal Winner Kevin Burnham - for Fleet Night in July. Communications: I think we have made some real strides with the use of our web-site, for which I thank my brother Steve (for the design), and Greg Wilkinson (for the implementation). The calendar of events, moor- ing information, membership information, announcements, Sailing School information, and even current racing results and can all be accessed anytime on the Fleet web-site. On a somber note, I would like to acknowledge with sorrow the passing of two giants in the history of our organization: former Executive Committee member and Flag Officer, Henry Reath and former Executive Committee member and Commodore, JT Roberts. They were both active in all facets of this organization: governance, sailing, and racing, and are in part responsible for the success the organization enjoys today. I call your attention to the tributes paid to these individuals beginning on page 2 in this Yearbook. I'd like to close by thanking the other Flag Officers of the organization: Sandy Andrews and Bob Johnstone, as well as the rest of the Executive Committee for their time and efforts during the year. It's been a fun and busy year, and I can't wait to do it again next year!! Respectfully Submitted, Harry R. Madeira, Jr. Commodore 14 OFFICERS and COMMITTEE CHAIRS for 2005-2006 Term expiring September 30, 2006 OFFICERS Commodore Harry (Gary) R. Madeira, Jr. Vice Commodore Schofield (Sandy) Andrews, III Rear Commodore Robert L. Johnstone, III Treasurer Sheldon F. Goldthwait, Jr. Clerk Schofield (Sandy) Andrews, III Chairman of the House Committee Linda Reeve Chairman of the Race Committee John C. Henry, Jr.* Chairman of the Membership Committee Gail F. Cook* Fleet Counselor. Kaighn Smith, Jr.* (*appointed by the Commodore) EXECUTIVE COMMITTEE Schofield Andrews, III John C. Henry, Jr. Kaighn Smith Jr., Esquire Robert L. Johnstone, III Linda Reeve Greg Wilkinson (ex officio) Gail F. Cook Harry R. Madeira, Jr. Sheldon F. Goldthwait, Jr. Henry G. Brauer RACE COMMITTEE Harry (Gary) R. Madeira, Jr. Fred Ford C.W. McCullagh Lily Caldwell Tom Fremont-Smith Meredith Reece Max Caldwell Gordon Haaland Stockton N. Smith Sam Cocks Stephen Homer Adam Wibby Sarah Coffin T. Courtenay Jenkins, III Dr. Wayne W. Wibby Toby Elliman Stephen Madeira Scott R. Edmon Daphne Lyman Helen Grassi Nick van der Hoff Charlie Dickey Janice Smith M.H. Heineman John C. Henry, Jr., Chairman Also appointed and serving for the year 2004/2005 are: Downeast Race Week Committee. Robert L. Johnstone, III Membership Committee Gail F. Cook Nominating Committee Henry Brauer Technology Committee Steve Madeira Cruising Class Captain Hal Kroeger 15 FORMER OFFICERS COMMODORE George Davenport Hayward 1923-1925 Edward W. Madeira 1925-1927 W. Barton Eddison. 1928-1935 Henry Rawle 1936-1939 William J. Strawbridge 1940-1942, 1957, 1960-1961 Harry G. Haskell 1943-1945 Jarvis Cromwell 1946-1947 Herman M. Hessenbruch 1948-1950 Harry R. Neilson, Jr. 1951, 1955-1956, 1976 Stuart S. Janney, Jr. 1952-1954 William D'O Lippincott 1958-1959 Benjamin R. Neilson 1962 Edward McC Blair 1963-1965 John F. Ducey, Jr 1966-1968 Dr. Kaighn Smith 1969-1971 Alan McIlhenny, Sr. 1972 Dr. Joseph L. Grant 1973-1975 Redmond C.S. Finney 1977-1980 Dr. Wayne W. Wibby 1981-1983 Harry R. Madeira 1984-1988 Burton C. Gray 1989 Sydney Roberts Rockefeller 1990-1992 Alan McIlhenny, Jr. 1993-1994 Minturn V. Chace 1995-1996 James A. Lash 1997-1998 David Rockefeller, Jr. 1999-2000 John T. Roberts 2001-2002 Henry G. Brauer 2003-2004 16 VICE COMMODORE Edward W. Madeira 1923-1925 Federick O. Spedden 1925-1925, 1931 Edmund S. Burke, Jr 1927 Charles D. Dickey 1928, 1944 Rt. Rev. Malcolm E. Peabody 1929 John Tyssowski 1930 Ernest B. Dane, Jr. 1932 Dr. William Earl Clark 1933-1935, 1945 Vance C. McCormack 1936-1937 Harry G. Haskell 1938-1942 W. Rodman Fay 1943 W. Barton Eddison 1946 William D'O Lippincott 1946-1948 P. Blair Lee 1948-1950 Stuart S. Janney, Jr. 1951 William J. Strawbridge 1952 Robert E. L. Johnson 1954 David Rockefeller, Sr. 1955-1959 Edward W. Madeira, Jr. 1960-1962 Benjamin R. Neilson 1963-1964 John F. Ducey, Jr. 1965 John B. Reece 1966-1970 Harry R. Madeira 1971-1975, 1981-1983 Redmond C.S. Finney 1976 Dr. Wayne W. Wibby 1977-1980 Minturn V. Chace 1984, 1993-1994 Charles D. Dickey, Jr. 1985-1987 Burton C. Gray 1988 Sydney Roberts Rockefeller 1989 Stephen B. Homer 1990 Alan McIlhenny, Jr. 1992 Thomas R. Elkins 1995 James A. Lash 1997-1998 David Rockefeller, Jr. 1997-1998 John T. Roberts 1999-2000 Henry G. Brauer 2001-2002 Harry R. Madeira, Jr. 2003-2004 17 REAR COMMODORE Charles D. Dickey 1927 John Tyssowski 1928-1929 Reginald C. Robbins 1930 Arthur P. Butler 1931 Dr. William Earl Clark 1932, 1936 W. Rodman Fay 1933 Alexander Torrance 1934 Henry Rawle 1935 Harry G. Haskell 1937 Wharton Sinkler 1938, 1946-1947 Hugh H. Matheson 1939 Ernest Kansler 1940-1941 Mrs. Mary C. Rockefeller 1942 James G. Ducey 1943,1951 Vance C. McCormack 1944-1945 Stuart S. Janey, Jr. 1948-1950 Harry G. Haskell, Jr. 1952 Robert E. L. Johnson 1953 Henry T. Reath 1954 Edward W. Madeira, Jr. 1955-1959 Henry B. Cox, Jr. 1960-1961 David Rockefeller, Sr. 1961-1963 John F. Ducey, Jr. 1964 John B. Reece 1965 Charles L. III, Jr. 1966-1967 Dr. Kaighn Smith 1968 Harry R. Madeira 1969-1970 Alan McIlhenny Sr. 1971 Dr. Joseph L. Grant 1972 S. Whitney Dickey 1973-1974 Redmond C.S. Finney 1975 Dr. Wayne W. Wibby 1976 Rufus McQ. G. Williams 1977-1980 Minturn V. Chace 1981, 1983, 1992 Charles D. Dickey, Jr. 1984 Burton C. Gray 1985-1987 Sydney Roberts Rockefeller 1988 Stephen B. Homer 1989 18 Alan McIlhenny, Jr. 1991 Thomas R. Elkins 1993-1994 David Rockefeller, Jr. 1995-1996 John T. Roberts 1997-1998 Henry G. Brauer 1999-2000 Harry R. Madeira, Jr. 2001-2002 Schofield Andrews, III 2003-2004 TREASURER Gerrish H. Milliken 1923-1940 Henry Rawle 1941 P. Blair Lee 1942-1947 D. Luke Hopkins 1948-1950 David Rockefeller, Sr. 1951-1954 Bayard H. Roberts 1955-1958 Harry R. Neilson, Jr. 1959-1967 S. Whitney Dickey 1968-1972 Edward H. Madara, Jr. 1973-1980 Reade D. Nimick 1981-1987 Charles D. Dickey, Jr. 1988-1991 Christopher Hutchins 1992-1996 Harry R. Madeira, Jr. 1997-1999 Duane Iselin 2000-2004 Alan R. Crain, Jr. 2004-2005 EXECUTIVE SECRETARY/FLEET MANAGER Lawrence W. Dickey 1923-1924 Charles P. B. Jeffries 1925-1926 Robert E. L. Johnson 1927-1928 Howard Cooper Johnson, Jr. 1929-1932 Arnold W. Lunt 1933-1941, 1946-1948 Philip M. Caughey 1942 James G. Ducey 1943-1945, 1951-1959 Edmund L. Coombs 1949-1950 Melville T. Hodder 1959-1962 John N. Kelly 1962-1964 Alessandro Vitelli 1965 John H. Walls 1966-1968 19 William C. Melcher, III 1968 Michael C. Madeira 1969 Mrs. Constance C. Madeira 1970-1973 Charles L. Ill, III 1974-1976 Alan McIlhenny, Jr. 1977-1978 Christopher H. Zamore 1979-1980, 1983 Elliott W. Wislar 1981-1982 Henry S. Fox 1984-1985 Oliver H.P. Pepper, III 1986-1987 Morgan Brown 1988-1989 Andrew W. Stephenson 1990-1992 John W. Torgerson 1993 William J. Hooper 1994 Patricia Roberts 1995-1996 Mathew R. Evans 1997 Val Perkins 1998 Michael S. Horn 1999 Gregory C. Wilkinson 2000 - 20 THE CHARLES D. DICKEY MEMORIAL AWARD This award is named for Charles Dennison Dickey, one of the founding members of the Northeast Harbor Fleet. Charles Dickey was elected to serve on the Fleet's first Executive Committee in 1923, as the Rear Commodore, and in later years served in a number of other capacities including Vice Commodore (on two separate occasions: 1928 and 1944). He was also one of the earliest one-design racers in the region. The award is given from time to time by the Executive Committee of the Northeast Harbor Fleet to a Fleet member who has made significant contributions to the Organization over a period of years, through excellence in the sport of sailing, and/or dedication and service to the Club. Past winners include the following Fleet members. Philip M. Caughey 1977 Constance B. Madeira 1978 Harry R. Madeira, Sr. 1980 Harry R. Neilson, Jr. 1981 Jarvis Cromwell 1983 William J. Strawbridge 1984 Dr. Joseph L. Grant 1985 Harry G. Haskell, Jr. 1986 Alan McIlhenny, Sr. 1989 Polly McIlhenny 1992 Dr. Wayne W. Wibby 1995 David Rockefeller, Jr. 2002 Harry R. Madeira, Sr. 2004 21 THE KEVIN P. MAHANEY AWARD This award is named for Northeast Harbor Fleet member Kevin Mahaney, winner of an Olympic Silver Medal in the 1992 Barcelona Games in the Soling Class, and helmsman of 1995 America's Cup contender Young America. Through his dedication and accomplishments, Kevin Mahaney has contributed significantly to the sport of yachting beyond the shores of Mount Desert Island. The award is given, when merited, by the Executive Committee of the Northeast Harbor Fleet to a member who has similarly contributed to the sport of sailing in venues beyond those of Mount Desert Island. Past winners include the following Fleet members. Kevin P. Mahaney 1993 John Marshall 1994 E. Newbold Smith 1995 David Rockefeller, Jr. 1996 Dr. Kaighn Smith 1998 Thomas T. Brown 2001 Amory Loring 2004 22 FLEET NIGHT 2005 Fleet Night, now a tradition for Fleet families, was held at the Neighbor- hood House in Northeast Harbor in July. The event is typically centered with a guest speaker in a casual dinner setting. Our speaker in 2005 Kevin Burnham had won the Silver Medal in the Barcelona games of 1992 and the Gold Medal in 2004. After 30 years of campaigning for the Gold, his Olympic dream became a reality. He holds the distinction of being the oldest Olympian to win a gold medal in 2004 at the age of 47 and proved that perseverance pays. His dream was chronicled in a dramatic slide pre- sentation during which Fleet members passed around the Silver and Gold Medals. As a 470 crew, his job is to create a winning strategy. His passion, commitment, and humor provided all of us with an evening we will never forget. Kevin's contagious enthusiasm was just the right inspiration for sailors with visions of sailing triumphs, As members of the Fleet sail in the waters of the Great Harbor or represent the Fleet in races elsewhere, we will remember Kevin's words "Dreams do come true". By: Linda Reeve Chairperson of House Committee Photo compliments of Linda Reeve Greg Wilkinson, Kevin Burnham and Bob Johnstone 23 CRUISER/RACER CLASS 2005 Race Results and Awards Photo compliments of Bob Johnstone Far Out Hal Kroeger's Morris 52 24 Cruiser/Racer Class Report Summer 2005 Activity was up in 2005 by an estimated 50% over the summer of 2004. 40 boats participated at one time or another in 15 races sponsored by the Fleet for a total of 180 boat starts. 3 boats get the nod for participation: Hal Kroeger's Morris 52 Far Out, Tom Rolfes' J/105 Sidewinder and Henry Brauers & Bob Johnstone's Tern competed in all races sailed. To the traditional MDI Series of 4 Sunday races and the Downeast Race- week series of 5 races, we added two Warm Up Races, two Shorthanded Races, the end of season Far Out Trophy race as well as an expanded Fleet role in the Hospice Regatta. Of special note, the Tern crew of Henry Brauer, Bob Johnstone, John Telsey and Courtney Chaplin was selected after their Hospice Regatta win to repre- sent Maine in the National Hospice Championships in Annapolis next May to be sailed in J/105s. MDI Series: Thanks to the weather and Greg Wilkinson's persistence and creativity not a single race was lost due to weather although we came real close on the last MDI race with postponements from noon until 2 PM before finding an opening in the fog and wind in Somes Sound. Special recogni- tion should also go to Tim & Jane Jenkins who volunteered, as non-Club members, to run the MDI Series Races as Race Committee on Shearwater Racing was supplemented by successful Sunday evening BYOBM Cook- outs after the first two MDI races. Once again this 4-Sunday MDI race program came right down to the wire, again as in 2004, between Kaighn Smith's Swan 38 Gaylark(1,4,3,2) and the Brauer/Johnstone combo in Tern (2,2,4,1). Tern won the clincher on Somes Sound with a 3-generation, all-family crew: the Rear Commodore, his 3 sons and 4 grandchildren. Downeast Raceweek: A revised Downeast Raceweek with more group so- cial activities (a KYC Dinner, an Islesford Dock Dinner and a BYO Cocktail Party Raft-Up) was well received. With only 2 exceptions the reaction of 25 participants was, "Thanks, that was the best run DERW ever." And, "Our crew had SO much fun that they pressured me to sign up for the entire week in 2006, not just the Nevin Cup." This in spite of some crazy races due to fickled winds. Day 1, Sunday, August 7: The most glorious sailing day of the past cen- tury was on tap for the opening race on Blue Hill Bay. After a short beat toward Swan's Island, the fleet sailed downwind in a sparkling 10-15 knot southerly. First big decision was which way to round Bartlett's on the way to Black Island off High Head. The winners chose the Narrows as the shortest route with a boost from funneling winds. The 25 mile race offered a brisk beat down Blue Hill Bay to Tinker's Island and a broad reach back up to Blue Hill. Jeff Becton's venereable Ohlson 41 yawl Ariana, Tern and Gordon Haa- land's J/42 Eventyr were the overall winners. The fleet enjoyed a superb welcoming dinner at the Kollegewidgwok Club House. Day 2, Monday, August 8: Saw Blue Hill Bay up to its old tricks. The start was delayed and moved south down the bay to Tinker's Island for wind. The nice little breeze there was at the start managed to spread the fleet out across the bay, with the southern pack looking like winners near the Casco Passage. That area turned into a parking lot and the northern group led by Bevin Cherot's Hinckley 44 Pequot, Alan Joseph's Taylor 42 Hot Numbers and Stocky Smith's Farr 44 Weather Gauge picked up the breeze flowing over the Swans Island heat bubble, way over near Bass Harbor. That intensified near Placentia Island and carried them all the way out to the LI Gong and back into Bass Harbor to win the day. Weather Gauge, Tern, Ariana and John Bell's J/42 Starlight were the 4 class winners of the NEVIN CUP based on cumulative corrected time for the two races (Day 1 and Day 2). Weather Gauge took the Overall. Day 3, Wednesday, August 10: After a Tuesday layday, the first day of the Fleet August Cruise portion of DERW, saw more of the split fleet navi- gational challenge, holes in the wind scenario on Blue Hill Bay. 26 The eventual overall winners including Weather Gauge, Newbold Smith's Morris 48.6 Reindeer and Patrick Wilmerding's Morris 45 Firefly chose wind speed over distance in taking the long route from Ship & Barges out between Swan's Island; and Black Island en route to Duck Island, around a set mark off near the entrance to Frenchman's then to Fleet Mark A near Suttons. Give the losers credit for math scores in figuring out that the shortest distance was the dogleg between the Gotts and Placentia. It was dog slow. Fortunately a wonderful dinner and trophy presentation at the Islesford Dock Restaurant fortified everyone for the last two races, which were a real struggle, testing Race Committee ingenuity, sailors patience and the plans for getting the Fleet into Frenchman's Bay. Day 4, Thursday, August 11: No air to speak of. What there was came from all points of the compass. Race 4 started at NEHF Mark A, rounded the Western Way Gong then another fleet split around Greenings to Somes Sound entrance buoy then out to Bunker's Ledge. At one point on a stretch between Somes Sound and East Bunker's Ledge, Tern was planing at 10+ knots under spinnaker and boats all around had their sails hanging limp in no air. A helicopter puff! That's how silly it be- came. Division III boats Ariana, Ed Tarbell's J/36 Breakaway and Henry Bectons Sabre 38 Otter won overall. Burt Keenan provided his 83' Mo- toryacht Acadia as the centerpiece of an 8 boat raft-up party. (See photo, page 54) Day 5, Friday, August 12: Greg Wilkinson found the only wind in Maine on the last day. It was a small sliver between Suttons and Seal Harbor. A short windward-leeward-windward to the Seal Harbor gong, then long leg out the Western Way, having to decide which side of Suttons to go on, to the finish at Long Ledge made for a long day. With the exception of Breakaway the big boys dominated with the Maine Maritime's Sheerness winning and David Rockefeller's and Rick Burnes' IMX 45 Cybelle filling out the top 3. 27 Overall winner of the MAX Warburg Trophy was Weather Gauge with Eventyr, Ariana and Starlight winning the other Divisions. The IRC Handicap Rating system, administered primarily from London UK, was tried out this year with mixed reviews. Response to a question- naire sent all participating boats shows 60% preferring a return to PHRF in 2006, 13% would go either way, and 27% voted to stick with IRC another year. A significant majority (75%) of those in the PHRF camp, prefer a Time-On-Time approach similar to IRC. PHRF Time-on-Distance seemed to favor the larger boats under summer conditions where wind holes caused races to take more time than normal. IRC had some anomalies between like boats and didn't look as kindly upon some of the older centerboard cruising designs as we had hoped. In addition IRC cost about 5 times more than the annual $30 PHRF fee. Net is that the fleet got an education in handicapping systems and voted its preference for 2006. Respectfully submitted, Robert L. Johnstone, III Rear Commodore 28 CRUISE/RACER CLASS 2005 Trophy Winners MOUNT DESERT INVITATIONAL SERIES (Best 3 of 4 Races) (1) Brauer/Johnstone Tern 2-2-4-1 (2) Kaighn Smith Gaylark 1-4-3-2 (3) Tom Rolfes Sidewinder 5-3-2-3 WARM-UP SERIES (2 Races) Race One(1) Brauer/Johnstone Tern (2) Bill Wilkinson Grey Eagle (3) Hal Kroeger Far Out Race Two (1) Brauer/Johnstone Tern (2) Gordon Haaland Eventyr (3) Tom Rolfes Sidewinder MAINE HOSPICE REGATTA Overall (1) Brauer/Johnstone Tern (2) Bill Wilkinson Grey Eagle(3) Cuyler Morris Promise Non-Spinnaker (1) Gordon Haaland Eventyr (2) David Holmes Free Spirit (3) Alan Krulisch Cracker Jack SHORTHANDED SERIES July Race (1) Andrew Barrett Tern (2) Gordon Haaland Eventyr (3) Bill Wilkinson Grey Eagle August Race (1) Bob Johnstone Tern (2) Tom Rolfes Sidewinder (3) Gordon Haa- land Eventyr FAR OUT CHALLENGE TROPHY (1) Henry Brauer Tern (2) Tom Rolfes Sidewinder (3) Hal Kroeger Far Out 29 MDI INVITATIONAL SERIES 2005 Overall Results Rank Boat Name Class Sail No Helm Pts. 1 Tern J/100 50 H.Brauer/ R. Johnstone 5 2 Gaylark Swan 38 13194 Kaighn Smith 6 3 Sidewinder J/105 161 Tom Rolfes 8 4 Far Out Morris 52 52002 Hal Kroeger 11 7 Va Pensiero Center Hbr. 48 Joe Weber 28 8 J'ai Tu J/35 Gary Bennett 29 13 Hopscotch J/100 40 Jeff Dunn 36 9 Hot Numbers Taylor 42 54321 Alan Joseph 34 12 Lancy Lu Morris M36 M/36 Tom Morris 36 10 Flirt Center Hbr. 31 31007 Michael & Lyn Cook 35 6 Eventyr J/42 93141 Gordon Haaland 23 5 Grey Eagle J/105 402 Bill Wilkinson 14 11 Safari Sabre 42CB 42901 Charles Schutt, Jr. 35 Race 1 Rank Boat Name Class Sail No Helm Pts. 1 Gaylark Swan 38 13194 Kaighn Smith 1 2 Tern J/100 50 H. Brauer/ R. Johnstone 2 3 Eventyr J/42 93141 Gordon Haaland 3 4 Grey Eagle J/105 402 Bill Wilkinson 4 5 Sidewinder J/105 161 Tom Rolfe 5 6 Far Out Morris 52 52002 Hal Kroeger 6 7 Safari Sabre 42CB 42901 Charles Schutt, Jr. 7 30 Race 2 Rank Boat Name Class Sail No Helm Pts. 1 J'ai Tu J/35 Gary Bennett 1 2 Tern J/100 50 H. Brauer/R. Johnstone 2 3 Sidewinder J/105 161 Tom Rolfes 3 4 Gaylark Swan 38 13194 Kaighn Smith 4 5 Grey Eagle J/105 402 Bill Wilkinson 5 6 Eventyr J/42 93141 Gordon Haaland 6 7 Far Out Morris 52 52002 Hal Kroeger 7 8 Hopscotch J/100 40 Jeff Dunn 8 Race 3 Rank Boat Name Class Sail No Helm Pts. 1 Far Out Morris 52 52002 Hal Kroeger 1 2 Sidewinder J/105 161 Tom Rolfes 2 3 Gaylark Swan 38 13194 Kaighn Smith 3 4 Tern J/100 50 H. Brauer/R. Johnstone 4 5 Grey Eagle J/105 402 Bill Wilkinson 5 6 Hot Numbers Taylor 42 54321 Alan Joseph 6 7 Flirt Center Hbr 3131007 Michael & Lyn Cook 7 8 Lancy Lu Morris M36 M/36 Tom Morris 8 9 Va Pensiero Center Hbr 48 Joe Weber 9 Race 4 Rank Boat Name Class Sail No Helm Pts. 1 Tern J/100 50 H. Brauer/R. Johnstone 1 2 Gaylark Swan 38 13194 Kaighn Smith 2 3 Sidewinder J/105 161 Tom Rolfes 3 4 Far Out Morris 52 52002 Hal Kroeger 4 5 Va Pensiero Center Hbr 48 Joe Weber 5 31 Shorthanded Race 1 July 17, 2005 Rank Boat Name Class Sail No Helm Corrected 1 Tern J/100 50 Andrew Barrett 2:06:29 2 Eventyr J/42 93141 Gordon Haaland 2:11:22 3 Grey Eagle J/105 402 Bill Wilkinson 2:12:31 4 Flirt Center Hbr 31 31007 Michael Cook 2:15:08 5 Sidewinder J/105 161 Tom Rolfes 2:16:58 6 Far Out Morris 52 52002 Hal Kroeger 2:21:05 7 Geranium Buzzards Bay 25 Nick Vanoff 2:29:28 Shorthanded Race 2 August 3, 2005 Rank Boat Name Class Sail No Helm Corrected 1 Tern J/100 50 Bob Johnstone 1:57:23 2 Sidewinder J/105 161 Tom Rolfes 1:59:38 3 Eventyr J/42 93141 Gordon Haaland 1:59:48 4 Grey Eagle J/105 402 Bill Wilkinson 1:59:52 5 Va Pensiero Center Harbor 48 Joe Weber 2:03:38 6 Lancy Lu Morris M36 M/36 Tom Morris 2:04:36 32 MDI Series Warm Up Race 1 Rank Boat Name Class Sail No Helm Corrected 1 Tern J/100 50 Brauer/Johnstone 1:10:36 2 Grey Eagle J/105 402 Bill Wilkinson 1:21:24 3 Far Out Morris 52 52002 Hal Kroeger 1:21:32 4 Sidewinder J/105 161 Tom Rolfes 1:21:44 5 Eventyr J/42 93141 Gordon Haaland 1:24:52 6 Safari Sabre 42CB 42901 Charles Schutt 1:29:58 Race 2 Rank Boat Name Class Sail No Helm Corrected 1 Tern J/100 50 Brauer/Johnstone 0:59:50 2 Eventyr J/42 93141 Gordon Haaland 1:01:07 3 Sidewinder J/105 161 Tom Rolfes 1:02:20 4 Safari Sabre 42CB 42901 Charles Schutt 1:05:37 5 Far Out Morris 52 52002 Hal Kroeger 1:06:44 6 Grey Eagle J/105 402 Bill Wilkinson DNF 33 AUGUST CRUISE 2005 Overall Results Rank Fleet Boat Name Class Helm Club 1 Div 3 Ariana Ohlson 41 Jeff Becton KYC 2 Div 3 Breakaway J/36 Edmund C. Tarbell KPYC 3 Div 1 Weather Gauge Farr 44c Stockton Smith NEHF 4 Div 2 Eventyr J/42 Gordon Haaland NEHF 5 Div 1 Sheerness Taylor 41 Maine Maritime Acad. MMA 6 Div 2 Tern J /100 H. Brauer/R. Johnstone NEHF 7 Div 2 Sidewinder J/105 Tom Rolfes S HYC 8 Div 1 Reindeer Morris 48.6 Newbold Smith NEHF 9 Div 3 Otter Sabre 38 Henry Becton KYC 10 Div 1 Pequot Hinckley 44 Bevin Cherot NEHF 11 Div 1 Firefly Morris 454 Patrick Wilmerding KYC 12 Div 1 Cybelle IMX 45 D. Rockefeller, Jr. R.Burnes NEHF 13 Div 2 Merlin Mark Cluett KYC 14 Div 2 Finesse J/42 Newt Merrill CCA 15 Div 1 Far Out Morris 52 Hal Kroeger NEHF 16 Div 2 Hopscotch J/100 David Dunn NEHF 17 Div 3 Acadia Custom Frers 48 Burt Keenan NYYC 18 Div 3 Blue Ridge Hinckley SW 42Y Minturn Chace NEHF 19 Div 3 Starlight J/42L Shoal John Bell 20 Div 2 Va Pensiero Center Harbor 49 Joe Weber 21 Div 3 Fox Sabre 38 Bill Morris NEHF 22 Div 4 (NS) Petard J/34c Sandy Lieber NHC 22 Div 4 (NS) Crackerjack Cambria 40 Alan Krulisch CHNYC 22 Div 2 Flying Clipper J/109 Peter Heldman 22 Div 2 Xanthippe Ben 1st 42 Dan Dennett KYC 22 Div 1 Hoi-an Center Harbor 49 Marc Heilner KYC 34 11th ANNUAL DOWNEAST RACE WEEK Photo compliments of Bob Johnstone Thursday evening Raft-Up Reception aboard Burt Keenan's Acadia during Downeast Raceweek. 35 Downeast Race Week 2005 Over-all Race Results Rank Boat Name Class Helm Club 1 Weather Gauge Farr 44c Stockton Smith NEHF 2 Ariana Ohlson 41 Jeff Becton KYC 3 Eventyr J/42 Gordon Haaland NEHF 4 Tern J/100 Robert Johnstone NEHF 5 Sheerness Taylor 41 MMA MMA 6 Breakaway J/36 Edmund C. Tarbell KPYC 7 Sidewinder J/105 Tom Rolfes SWHYC 8 Pequot Hinckley 44 Bevin Cherot NEHF 9 Reindeer Morris 48.6 Newbold Smith NEHF 10 Otter Sabre 38 Henry Becton KYC 11 Finesse J/42 Newt Merrill CCA 12 Acadia Custom Frers 48 Burt Keenan NYYC 13 Far Out Morris 52 Hal Kroegger NEHF 14 Cybele IMX 45 David Rockefeller, Jr./ Rick Burnes NEHF 15 Merlin J/42 Mark Cluett KYC 16 Firefly Morris 454 Patrick Wilmerding KYC 17 Starlight J/42L Shoal John Bell 18 Blue Ridge Hinckley SW 42Y Minturn Chace NEHF 19 Ho-An Center Harbor 49 Marc Heilner KYC 20 Hopscotch J/100 David Dunn NEHF 21 Flying Clipper J/109 Peter Heldman 22 Va Pensiero Center Harbor 49 Joe Weber 23 Fox Sabre 38 Bill Morris NEHF 24 Petard J/34c Sandy Lieber NHC 25 Crackerjack Cambria 40 Alan Krulisch CHNYC 26 Xanthippe Ben 1st 42 Dan Dennett KYC 36 Downeast Race Week 2005 Overall Results by Division Rank Boat Name Class Helm Club Division 1 1 Weather Guage Farr 44c S. Smith NEHF 5 Sheerness Taylor 41 MMA MMA 8 Pequot Hinckley 44 Bevin Cherot NEHF 9 Reindeer Morris 48.6 Newbold Smith NEHF 13 Far Out Morris 52 Hal Kroegger NEHF 14 Cybele IMX 45 D. Rockefeller, Jr./ R. Burnes NEHF 16 Firefly Morris 454 P. Wilmerding KYC 19 Hoi-an Center Harbor 49 Marc Heilner KYC Division 2 3 Eventyr J/42 Gordon Haaland NEHF 4 Tern J/100 R. Johnstone NEHF 7 Sidewinder J/105 Tom Rolfes SWHYC 11 Finesse J/42 Newt Merrill CCA 15 Merlin J/42 Mark Cluett KYC 20 Hopscotch J/100 David Dunn NEHF 21 Flying Clipper J/109 Peter Heldman 22 Va Pensiero Center Harbor 49 Joe Weber 26 Xanthippe Ben 1st 42 Dan Dennett KYC Divison 3 2 Ariana Ohlson 41 Jeff Becton KYC 6 Breakaway J/36 E. Tarbell KPYC 10 Otter Sabre 38 Henry Becton KYC 12 Acadia Custom Frers 48 Burt Keenan NYYC 17 Starlight J/42L Shoal John Bell 18 Blue Ridge Hinckley SW 42Y Minturn Chace NEHF 23 Fox Sabre 38 Bill Morris NEHF 37 Downeast Raceweek 2005 Trophy Winners The Max Warburg Trophy ("The Max") - 1st Overall: Stockton Smith Weather Gauge Harry Wilmerding Tray - 2nd Overall: Jeff Becton Ariana Becton Bowl - Fastest Boat Cumulative Elapsed Time All Races; New- bold Smith, Reindeer J Boats Trophy -Div 1; Stockton Smith Weather Gauge, Maine Mari- time Academy Sheerness, Bevin Cherot Pequot Lewis K. Cherot Memorial Trophy- Division 1: Boat with Best Score in 3 races; Stockton Smith Weather Gauge Sabre Trophy -Div II; Gordon Haaland Eventyr, Brauer/Johnstone Tern, Tom Rolfes Sidewinder Morris Trophy : Fastest Cumulative Elapsed Time All Races - Gordon Haaland Eventyr Arthur F. Chace, Jr. Memorial Bar Graph - 1st Div 3; Jeff Becton Ariana Ariana Trophy - 2nd- Div 3; Edmund C. Tarbell Breakaway Hinckley Trophy - 1st Non-Spinnaker Boat, Division IV: John Bell Starlight and Bevin Cherot Petard Down East Team Trophy: Top scoring 3-boat team: Fleetwings (Weather Gauge, Pequot and Tern) Chairman's Cup to person/boat most in the spirit of the event Mark Cluett, Merlin Janet Wilmerding Tray - 1st Skipper under age 26 - Mike Villa, MMA, Sheerness. 38 Nicholson Trophy: 1st Crew under age 13; Not Awarded in 2005 Sculpin Award - Most Spectacular Event of Week; Weather Gauge. be- ing towed to start of 1st Race. 39 KYC NEVIN CUP (Sun-Mon) Paul Nevin Perpetual - 1st Overall (Sun-Mon) Stockton Smith Weather Gauge Division 1 - Stockton Smith Weather Gauge, Marc Heilner Hoi-an and Bevin Cherot Pequot Division 2 - Brauer/Johnstone Tern, Gordon Haaland Eventyr and Tom Rolves Sidewinder Division 3 - Jeff Becton Ariana, Edmund C. Tarbell Breakaway and Burt Keenan Acadia Division 4 - John Bell Starlight, Sandy Lieber Petard and Alan Krulisch Crackerjack Day Prize Winners Day 1 and 2 SUNDAY: Div 1: Stockton Smith Weather Gauge, Hal Kroeger Far Out and Maine Maritime Academy Sheerness Div 2: Bruer/Johnstone Tern, Gordon Haaland Eventyr and Tom Rolfes Sidewinder Div 3: Jeff Becton Ariana, Henry Becton Otter and Burt Keenan Acadia MONDAY: Div 1: Bevin Cherot Pequot, Marc Heilner Hoi-An and Stockton Smith Weather Gauge Div 2: Gordon Haaland Eventyr, Peter Heldman Flying Clipper and Brau- er/Johnstone Tern Div 3: Edmund C. Bell Breakaway, Jeff Becton Ariana and Burt Keenan Acadia 40 NEHF AUGUST CRUISE (Wed-Fri) 1st Day's Run Prizes Schooner Race Trophy - Div 1: Stockton Smith Weather Gauge Coxe Trophy - Div II; Gordon Haaland Eventyr Constance B. Madeira Trophy - Div III; Burt Keenan Acadia Overall Division Winners Pirate Cup - Overall Div 1; Stockton Smith Weather Gauge, Maine Maritime Academy Sheerness, and Newbold Smith Reindeer Arundel Plate - Overall Div II; Gordon Haaland Eventyr, Brauer/John- stone Tern, and Tom Rolfes Sidewinder Michael Crofoot Trophy - Overall Div III: Jeff Becton Ariana, Edmund C. Bell Breakaway, Henry Becton Otter Day Prize Winners WEDNESDAY: Div 1: Stockton Smith Weather Gauge, Newbold Smith Reindeer and Pat- rick Wilmerding Firefly Div 2: Gordon Haaland Eventyr, Tom Rolfes Sidewinder and Brauer/John- stone Tern Div 3: Burt Keenan Acadia, Jeff Becton Ariana, and Henry Becton Otter THURSDAY: Div 1: Maine Maritime Academy Sheerness, Stockton Smith Weather Gauge, and Newbold Smith Reindeer Div 2: Tom Rolfes Sidewinder, Brauer/Johnstone Tern and Mark Cluett Merlin Div 3: Jeff Becton Ariana, Edmund C. Tarbell Breakaway and Henry Bec- ton Otter FRIDAY: Div 1: Maine Maritime Academy Sheerness, D. Rockefeller, Jr./R. Burnes Cybele and Stockton Smith Weather Gauge Div 2: Gordon Haaland Eventyr, Brauer/Johnstone Tern and Tom Rolfes Sidewinder Div 3; Edmund C. Tarbell Breakaway, Jeff Becton Ariana and Henry Becton Otter 41 THE 2005 FAR OUT CHALLENGE The Far Out Challenge Trophy was put up by Hal and Carol Kroeger to encourage creation of a season-ending event for the Cruiser Class. The plan for 2006 is to have the Far Out Challenge be a Pursuit Race around the Cranberries for all keel boats of the Fleet over 22' in length on the day after the Annual Meeting. 50 Photo compliments of Bob Johnstone 2005 Winner was Henry Brauer in the J/100 Tern. Hunter and Ford Johnstone ac- cepting the 1st place trophy on behalf of Henry Brauer from Grandfather, Robert Johnstone. Photo compliments of Linda Reeve 42 2006 CRUISE INVITATION August 6-11 Whether you race or not, power or sail, you are cordially invited to either "cruise-in-company" or compete in the 12th Annual Downeast Race Week among the islands of Penobscot, Jericho and Blue Hill Bays with a spec- tacular backdrop of Acadia National Park. Featured this year are three social events: An Opening Day Welcoming BYO Raft-Up Party in Seal Bay on Sunday, August 6; The Nevin Cup Awards Dinner at the Kollegewidgwok Yacht Club in Blue Hill on Tuesday, August 8; The Frenchboro Lobster Roll Picnic on Thursday, August 10. These events combine the long standing tradition of the KYC Nevin Cup Weekend and the Northeast Harbor Fleet's August Cruise. Mark your cal- endars now. We hope you'll join us. The Entry Form is available on the website or available by calling 207-276-9341. Robert L. Johnstone, III - Chairman Downeast Race Week Committee Henry Becton, Jr. Henry Brauer, Mark Cluett, Win Fowler, Gordon Haaland, David Rock- efeller, Jr., Stockton Smith, Patrick Wilmerding, Greg Wilkinson Contacts Website: www.downeastraceweek.com: Email: bobj@mjmyachts.com Telephones: 617-723-3629; 401-862-4367 43 ONE-DESIGN CLASSES 2005 Race Results and Awards 25 PUFF Photo compliments of Henry Brauer Stephen Homer skippering Puff July 4th Series IOD Class, 1st place July Series IOD Class, 1st place August Series IOD Class, 8th place Labor Day Series IOD Class, 6th place Hospice Regatta IOD Class, 1st place 44 July 4th Series - IOD Class Place Name Sail # Skipper Adj Pts 1 Puff 25 Stephen Homer 4 2 Gambler 21 John Henry 10 3 Auriga 2 Gary Madeira 14 4 Darkstar 13 Bill Dowling 14 5 Firefly 1 Scott Redmon 16 6 Gosling 18 Michael Phillips 19 7 Acontia 9 Alessandro Vitelli 19 8 Woodie 22 Jean Burden 22 9 Yakut 15 Charlie Wray 22 10 Dakota 8 David Schoeder 25 45 Hospice Regatta - IOD Class July 16, 2005 Rank Name Sail # Skipper 1 Puff 25 Stephen B. Homer 2 Firefly 1 Scott Redmon 3 Gambler 21 John C. Henry 4 Acontia 9 Allesandro Vitelli 5 Darkstar 13 John H. J. Guth 6 Woodie 22 Team Woodie 7 Hannah 8 David Schoeder 8 j'Ellie Bean 26 Fred Ford 9 Auriga 2 Gary Madeira 10 Satin Doll 14 Sydney Rockefeller 11 Sagaro 30 Tony Young 46 July Series - IOD Class The Rockefeller Trophy Place Name Sail # Skipper Adj Pts 1 Puff 25 Stephen Homer 21.0 2 Acontia 9 Alessandro Vitelli 25.0 3 Darkstar 13 Bill Dowling 28.0 4 Gambler 21 John C. Henry 29.0 5 Auriga 2 Gary Madeira 34.0 6 j'Ellie Bean 26 Frederick Ford 50.0 7 Dakota 8 David Schoeder 53.0 8 Woodie 22 Jean Burden 55.0 9 Satin Doll 14 Sydney Rockefeller 58.0 10 Firefly 1 Scott Redmon 61.0 11 Sagaro 30 Anthony Young 68.0 12 Yakut 15 Charlie Wray 84.0 13 Tundra 5 David Rockefeller, Jr. 98.0 14 Eagle 3 Courtenay Jenkins 98.0 15 Live Yankee 24 Tom Fremont-Smith 104.0 47 30 08 IOD Action 48 August Series - IOD Class The Taormina Cup The Taormina Cup, awarded to the winner of the IOD August Series, was presented to the Fleet by William S. Eaton in 1940. Captain Eaton won the Cup in 1907 on the Annual Cruise of the Eastern Yacht Club, in the schooner Taormina. Place Name Sail # Skipper Adj. Pts. 1 Tundra 5 David Rockefeller, Jr. 34 2 Sagaro 30 Anthony Young 37 3 Live Yankee 24 Tom Fremont-Smith 41 4 Gambler 21 John Henry 41 5 Darkstar 13 Bill Dowling 47 6 Firefly 1 Scott Redmon 50 7 Dram 6 Jason Ingle 52 8 Puff 25 Stephen Homer 70 9 Acontia 9 Alessandro Vitelli 71 10 J'ellie Bean 26 Frederick Ford 93 11 Satin Doll 14 Sydney Rockefeller 102 12 Dakota 8 David Schoeder 102 13 Woodie 22 Jean Burden 105 14 Auriga 2 Gary Madeira 107 15 Eagle 3 Courtenay Jenkins 110 16 Gosling 18 Michael Philipps 133 17 Earl 28 James Garnett, Jr. 157 18 Yakut 15 Charlie Wray 159 19 Humlen 10 Frederic Towers 169 49 Photo compliments of Linda Reeve David Rockefeller, Jr. accepts the Taormina Cup Trophy presented by Commodore Gary Madeira In the background is the portrait of James G. Ducey, whose August Series record of victories challenged Team Tundra. TEAM TURORA Photo compliments of Elly Andrews Team Tundra, IOD 5 Megan Havey, Ned Johnston, D. Rockefeller, Wells Bacon and Sheldon Goldthwait 50 THE 80TH GEORGE DAVENPORT HAYWARD CUP RACE The George Davenport Hayward Cup was given to the Northeast Harbor Fleet in memory of its first Commodore. The race is a handicap event in which all of the Fleet's traditional classes of keel boats are eligible to participate: International One Design, J-24, Luders-16, A-boat, Mercury, and Bullseye (wooden and fiberglass). The race course is a measured distance which all classes must sail. The start is staggered such that the smaller boats start first, and the larger boats start last. The first boat to cross the finish line wins. STAN Photo compliments of Anne Madeira 2005 George Davenport Hayward Cup Race Winners Carson Crain and Hunter Johnstone with Coach Stuart Johnstone and Commodore Gary Madeira 51 THE GEORGE DAVENPORT HAYWARD CUP RACE Results of Previous Years Year Boat Skipper Class 1925 Navajo Robert E. L. Johnson B 1926 Navajo Robert E. L. Johnson B 1927 Spindrift Frederick O. Spedden B 1928 Venture Malcolm N. Stanley B 1929 Br'er Rabbit David Rawle B 1930 Aquila W. Barton Eddison 30 Sq. M. 1931 Ace Dr. Henry D. Stebbins B 1932 Lark David Ames 30 Sq. M. 1933 Ace Dr. Henry D. Stebbins B 1934 White Rabbit John S. Stillman MDI 1935 Constance Crawford C. Madeira, Jr. A 1936 Aquila John R. Potter 30 Sq. M. 1937 Mecoh II Vance C. McCormack A 1938 Kit Kat Dr. William Earl Clark B 1939 Sizzle David S. Proctor Bullseye 1940 Whistler Mr. & Mrs. Farnham E. Butler A 1941 Aeolus W.W. Frazier, III A 1942 Nancy Miss Anne L. Grant 30 Sq. M. 1943 Ino Miss Elizabeth Madeira A 1944 Nevis Harry R. Neilson A 1945 Playboy Jonathon Churchill & Norris W. Darnell Bullseye 1946 Silver Spray Harry G. Haskell, Jr. IOD 1947 Playboy Jonathon Churchill & Norris W. Darnell Bullseye 1948 Santee James G. Ducey IOD 1949 Me Too Alexander McN. Luke Bullseye 1950 Sizzle John C. VanPelt Bullseye 1951 Boolie Hugh C. Scott Bullseye 1952 Santee James G. Ducey IOD 1953 Little Lulu Miss Joan B. Gilpatric Hustler 1954 Sweet Sixteen Alan Mcllhenny, Sr. Luders-16 1955 Nevis Benjamin R. Neilson A 1956 Trigla Dr. Michael Crofoot & Lodowick F. Crofoot, III Luders-16 1957 Quiver Henry T. Reath Luders-16 1958 Maine Star Henry R. Geyelin, Jr. IOD 1959 Decoy James L. McCabe Luders-16 1960 Maine Star David Rockefeller, Jr. IOD 1961 Sebenoa Daniel S. Newhall Mercury 52 1962 Quiver Henry T. Reath Luders-16 1963 Red Wing James L. McCabe IOD 1964 XV Polly McIlhenny Mercury 1965 Maine Star David Rockefeller, Jr. IOD 1966 Dragon Fly Peter Bryant Bullseye 1967 Red Wing Paul Thompson, II IOD 1968 Silver Bullet Robert E. L. Johnson, Jr. FG Bullseye 1969 AMB Harry R. Madeira, Jr. Mercury 1970 Bittersweet Alexander Y. Goriansky FG Bullseye 1971 XV Polly McIlhenny Mercury 1972 Golliwog Charles C. Crofoot Bullseye 1973 Dunabu James B. Murphy, II IOD 1974 Larus Charles L. Ill, III Mercury 1975 Boat Anna Thompson Mercury 1976 Sjoskal Dr. Wayne W. Wibby IOD 1977 Hefalump William J. Strawbridge Bullseye 1978 XV Alan McIlhenny, Jr. Mercury 1979 Souling Lewis E. Moore Soling 1980 Eve Mia Thompson Mercury 1981 Surfer Lewis E. Moore & E. L. Barclay J-24 1982 Esprit de Lune Lewis E. Moore J-24 1983 Hasty Heart Eric S. Champlin Mercury 1984 Whiteout Elliott W. Wislar J-24 1985 Whiteout Adam R. Wislar J-24 1986 XV Alan McIlhenny, Jr. Mercury 1987 Haulback Lewis E. Moore Mercury 1988 George B. Dorr Lewis E. Moore Mercury 1989 Red Neck Edward R. Dysart J-24 1990 Auriga Stephen T. Madeira IOD 1991 Live Yankee Charles C. Crofoot IOD 1992 Rampant Robert M. Bass IOD 1993 Ad Peter D. Welles FG Bullseye 1994 Ad Peter D. Welles FG Bullseye 1995 Phat Ryan Brown Mercury 1996 Mad Cap William B. Welles Mercury 1997 Mad Cap Thomas T. Brown Mercury 1998 Tundra David Rockefeller, Jr. IOD 1999 Eider Robert L. Johnstone, III FG Bullseye 2000 [none] Daphne Lyman & Helen Grassi 420 2001 Resolute Daphne Lyman & Helen Grassi Mercury 2002 Auriga Harry R. Madeira, Jr. IOD 53 2003 Slingshot Elizabeth M. Brauer Mercury 2004 Arcturus E. Kehoe, K. Horneffer & C. Silsby Mercury 2005 H. Johnstone, C. Crain & S. Johnstone Mercury Photo compliments of Bob Johnstone Coach Stu Johnstone Carson Crain and Hunter Johnstone W Photo compliments of Bob Johnstone Hunter and Carson win the start! 54 Labor Day Series -IOD Class Place Name Sail # Skipper Adj. Pts. 1 Tundra 5 David Rockefeller, Jr. 7 2 Gambler 21 John Henry 9 3 Acontia 9 Alessandro Vitelli 11 4 Woodie 22 Jean Burden 12 5 Firefly 1 Phyllis Aschenbrenner 13 6 Puff 25 Stephen Homer 15 7 Dakota 8 David Schoeder 20 8 Gosling 18 Michael Philipps 24 9 Auriga 2 Sarah Coffin 26 55 Photo compliments of Bob Johnstone The Red Gauntlet Challenge KYC VS NEHF Team Race Commodore Mike Chace originated the idea of a team race in the mid 1990s. His recollections follow: "I had met and came to admire a number of KYC sailors during the early days of organizing Down East Race Week. In the midst of discussions regarding the DERW cruising boat event, the idea of a team race in one-design boats developed, and came to be called the "Red Gauntlet Challenge". The racing was started in my first year as Commodore, and has continued each year since, alternating the venue annually between Northeast Harbor (sailed in IOD's), and Blue Hill (sailed in Atlantics). The first Red Gauntlet Challenge trophy, donated by me, was a workman's glove dipped in red plastic and nailed to a rough board in keeping with the "Red Gaunt- let" title of the series. It was to be presented to the winning club each year with a bottle of Champagne, and a small can of paint so that the winning Yacht Club could memorialize its victory on the plaque by inscribing their Club's initials. Several years later, David Rockefeller, Jr, during his "Commodoreship", replaced (upgraded?) that trophy with a mahogany trophy with outlines of sailboats, a move that seemed to cement this event as an important part of both Yacht Club's annual racing calendar. For a year or two both trophies were presented simultaneously." During the summer of 2005, another spirited competition took place in the waters off Northeast Harbor, with the host club succumbing to the visitors from Blue Hill 3-2. 56 2005 2005 Barton Eddison Race a Huge Success The traditional Barton Eddison Race was held at the Fleet on July 21, 2005. More than 85 sailors from 7 area sailing programs climbed into eleven International One Design boats, along with boat owners or designated skippers, for an exciting after- noon of racing. This race has become a showcase event for the Northeast Harbor Fleet and Sailing School introducing the next generation to racing in a fun, relaxed environment. Young sailors from sailing programs all over Downeast Maine are brought together annually for an afternoon of fun and friendship on our beautiful IODs. Students and instructors from all the clubs drew boats names out of a hat to deter- mine the crew for each IOD. This provided each boat with a crew of varying ages, abilities and club affiliations. It allowed young sailors an opportunity to meet new friends with common interests and to experience sailing on an International One Design boat. The winds were light to moderate and a course was set just off the entrance to Northeast Harbor. A dozen or more spectator boats came out to watch and they were not disappointed. Eleven IODs with spinnakers set and kids at the helm was a beautiful sight to see. Young sailors took turns performing the different jobs on the boats. Everyone participated and had a great time. As boats finished, they were greeted with a sign on the Race Committee boat saying, Great Race and everyone agreed that it was. The afternoon ended with a picnic and awards on the lawn at the Fleet. The winning boat was Acontia with owner/skipper, Sandro Vitelli, on board. Northeast Harbor was represented by Andrew Kimball on the winning boat. Thanks to all the IOD owners/skippers who made this event possible. It is becoming an eagerly antici- pated event for sailing school students from all parts of Downeast Maine. Check the Fleet July calendar for the date of the 2006 Barton Eddison Race. Everyone is invited to participate. By: Malinda Crain Photo C-2 Commodore William Barton Eddison Trophy W. Barton Eddison was the third Commodore of the Northeast Harbor Fleet, serving in that capacity from 1928-1935. He is generally regarded as the individual who in- troduced the Norwegian-designed International One Design (IOD) class of sailboat to Mount Desert Island. Each year the Fleet sponsors a race in his memory intended to introduce junior sailors to the IOD class. Effort is made to structure the race as a traditional point-to-point event, versus the more contemporary windward/leeward, "around the buoys" style event. IOD owners, or their representative, are aboard their boats during the race, but the juniors are encouraged to execute the sail trimming, and are frequently en- couraged to steer. Beginning in 2002, junior sailors enrolled in other area sailing programs were invited to participate in the event. With this expanded pool of junior sailors, the format was further modified to mix kids from different programs into the crews of each boat to further enrich the social aspect of the event. The Commodore William Barton Eddison Trophy was given to The Northeast Harbor Fleet in 1983 by his children. Photo compliments of Malinda Crain Greg Wilkinson, General Manager of the Northeast Harbor Fleet and Andrew Kimball from the Northeast Harbor Sail- ing School with the 2005 First Place Award. Andrew was the only NEHSS representative aboard Acontia. C-3 Photo compliments of Linda Reeve Sandro Vitelli, (at left) and the winning crew of Acontia. 9 The winning crew aboard Acontia. Photo compliments of Malinda Crain C-4 15 Photo compliments of Malinda Crain Yakut Owner, Charles Wray Owner's Representative On Board, Sydney Roberts Rockefeller C-5 Gambler Photo compliments of Malinda Crain Gambler Owner, John Henry Owner's Representative On Board, Mike Chace C-6 El 13 Photo compliments of Malinda Crain Dark Star John H.J. Guth Dowling Owner's Representative Owner, On Board, William C-7 22 Photo compliments of Malinda Crain Woodie Owner, John T. Roberts, Jr. Owner's Representative On Board, Jean Burden C-10 as 25 PUFF Photo compliments of Malinda Crain Puff Owner, Stephen B. Homer Owner's Representative On Board, Mia Brown C-11 5 Photo compliments of Malinda Crain Tundra Owner, David Rockefeller, Jr. Owner's Reprsentative On Board, Lamont Harris C-12 30 0E Photo compliments of Malinda Crain Sagara Owner, Anthony Young Owner's Representative On Board, Norris Strawbridge C-13 H 2 Photo compliments of Malinda Crain Auriga Owner, Commodore Gary Madeira Owner's Representative On Board, John Telsey C-14 18 Photo compliments of Malinda Crain Gosling Owner, Michael Phillips Owner on Board C-15 24 Photo compliments of Malinda Crain Live Yankee Owner, Thomas P. Fremont-Smith Owner's Representative On Board, Merideth Reece C-16 S 2 Photo compliments of Bob Johnstone Tight Team Racing VS KYC 57 MERCURY CLASS 2005 Race Results and Awards Photo from Fleet files 58 2006 Mercury Class Club Sailing Program The Northeast Harbor Fleet owns 10 Mercury Class sloops, conveniently located near the Club floats in Gilpatrick Cove, which are available to pre- qualified Club members to use at no charge. Please take advantage of this wonderful opportunity to sail in the Great Harbor area on these popular, stable keelboats, by contacting Sara Wilkinson at the Club office to reserve a boat. Club Members may reserve one of these Mercury Class sloops for the fol- lowing events: One Design Class Races on Saturday and Monday afternoons at 1330 hrs. Thursday evening Mercury Series at 1700 hrs Or, plan to enter a Mercury in one of several special events planned for 2006: The Northeast Harbor Invitational on July 22 to which MDICSC, SWHYC, LCYC and SHYC Mercury/Bullseye fleets are invited. The Parent-Child Race July 25, The Seal Harbor Y.C. Regatta (2 Races with lunch) August 2 The Hayward Cup (a Club Mercury won the 2005 event) August 15. LEARN-TO-SAIL You can brush up on your racing skills or learn to just have fun day-sailing from the best qualified instructors in Downeast Maine, right here at the Fleet. Contact Sarah Wilkinson to arrange 1-on-1 private lessons or put together your own group of any age students at a time convenient for ou...between 0900 and 1600 hours, Mon-Fri for $60/hours. July 4th Series - Mercury Class Place Sail # Skipper Adj Pt 1 553 Elizabeth & Henry Brauer 5 2 13 Fox & Fox 6 3 12 Daphne Lyman & Helen Grassi 7 4 14 Fox & Fox 13 59 2005 Parent/Child Races July 1st Place: Sasha & Maya Sakharov with Susan Thompson 2nd Place: Katie and Peter Horneffer 3rd Place: Fischer and Mia Brown 4th Place: Parker and Bob Brown 5th Place: Jessica, Nathan, Julie and Ray Lawson 6th Place: Evan Mairn with Fred Appell 7th Place: Kim and Jim Evans August 1st Place: Louisa and Courtenay Jenkins 2nd Place: Fisher and Mia Brown 3rd Place: Jack and John Roberts 4th Place: Parker and Bob Brown 5th Place: Lucas and Andy Harris 6th Place: Tyler Killion and Glenn Wiggins 7th Place: David and Donna Eacho 60 JUNIOR SAILING 2005 Race Results and Awards Photo compliments of Linda Reeve Juniors after Fleet Night 2005 with Olympic Gold Medalist, Kevin Burnham 61 Peggy Kennedy - Memorial Bowl This trophy was presented in 1957 by the Kennedy family in memory of their daughter Peggy Kennedy. The trophy is awarded to the winner of the July Fleet Junior Championship. 2005 Winners of the Peggy Kennedy - Memorial Bowl Philip Crain, Andrew Kimball and William Kimball Photo compliments of Malinda Crain Philip Crain, Andrew Kimball and William Kimball receive awards and congratulations from Greg Wilkinson, General Manager. 64 Campbell Henry - Junior Championships August 2005 2005 Winner: Philip Crain Sappho Photo compliments of Malinda Crain Junior Hospice 420 Results 2005 Place Name From Total 1 N. Mcmullen and G. Glass MDICS 11 2 C. Spruce and A. Walingford MDICS 12 3 J. Lachance and B. Steel MDICS 14 4 P. Crain and K. Reeve NEHSS 18 5 W. Bacon and T. Steel MDICS 20 6 F. Staples and J.T. Sacket MDICS 22 7 T. Steward and Adam Fraley MDICS 25 8 P. DeNormandie and M. Green NEHSS 33 9 E. Kehoe and A. Kehoe NEHSS 35 10 B. Friedman and G. Wheeler NEHSS 35 11 E. Roomet and A. Pearson NEHSS 44 Photos compliments of Malinda Crain 66 NORTHEAST HARBOR FLEET 2005 Listing of Yachts Photo compliments of Robert Johnstone Lancy Lu A Managine 2GM LIST of YACHTS Power Craft Boat Name Owner Abrazos George B. E. Hambleton Adele Andy Harris and Jonas Harris Almost Home Dewitt & Marcia Sage Amber R. Anderson Pew Arethusa Granville N. Toogood Bai Ji er John H.J. Guth Bassackwards Lincoln P. Lyman Bellatrix Lance D. Mahaney Bender John K. Shaw Bendigo Margaret J. Heckman Black Watch E. Hewlett Kent Blue Skies Margaret Shafer Calypsco Richard Habermann Chicken of the Sea Mr. & Mrs. Gerritt L. Lansing Chouette Burnham Litchfield Cinchona Mrs. Harry R. Neilson, Jr. Cygnet Explorer Christopher Hutchins Dash Mr. & Mrs. Kevin P. Mahaney Daisy Wesley C. Dudley Dauntless Dan and Sally Bienkowski Davis S. Fisherman Robert S. Crompton Decision Florenz Ourisman Digit Elliot Cohen Donald Duck Wesley C. Dudley Dubhe Alan McIlhenny, Sr. Duck Soup Patrick R. Wilmerding Endurance Creighton B. Murch Espresso James A. Lash Eschaton Albert P. Neilson Exodus Malcolm Peabody Flying Colors Stuart S. Janney III Frambiose Peter R. Nitze Frankly William P. Frankenhoff Frolic Lawrence R. Reeve Full Circle Patrick Grace Gambol Roger Milliken Gibbous Moon James M. Clark, Jr. Grace Rev. Mary & Mr. Robert L. Johnstone, III Grizzle Dewitt & Marcia Sage 68 Harvest Moon David Rockefeller, Sr. High Index James Fernald Hornet William C. Trimble, Jr. Irona III Paul Fremont-Smith, Jr. Irresistible Harry R. Madeira Irresponsible Barbara T. Iselin Java John R. Robinson Jericho Patricia G. Norris Jonah Janice Smith & Creighton Murch Just Wright Richard H. Wright, III Kimbia Constance M. Clark Lapwing Howard Lapsley LaGritta Boykin and Margot Rose Lazy Loon Steven Grace Leek Frederick J.C. Butler Legacy Harry R. Madeira Liberator Stuart B. Andrews Little Rogue Charles D. Dickey, Jr. Loon George Putnam Lucy Edward McC. Blair Marley Orton P. Jackson, Jr. Margaret II Peter Godfrey Maricel Barbara Danielson Morning Star Mrs. Jane S. Zirnkilton Nautica Christopher Hutchins Night Cap Robert L. Hinckley Night Watch T. Williams Roberts, III Nightingale Mr. Charles Kane Noose Naple Robert S. Crompton Obelix A. Rawle Michelson Orca David L. Elliott Pack Ice Temple Grassi Polar Timothy M. Ghriskey Pemetic Lance D. Mahaney Pen Christopher Hutchins Peregrine III Paul L. Miller Piglet Henry H. Jenkins Preposterous Ronald S. Diana Quetzal Ann Rivers Rapscallion Robert M. Bass Relish Christopher Crowley Reverie J. Michael and Kim Lawrie Riva Anistone Charles T. Schulze 69 Roberta Robalo Rodruigiez Ramone Isabelle L. H. Burden Sabotage A. J. Longmaid Scoot Carolyn M. Brauer Sea Biscuit Hans P. Utsch Selkie David Rockefeller, Jr. & Sheldon F. Goldthwait, Jr. Skimmer W. Clay Hamner Skylark Mrs. Antony M. Merck Spindle Gerrish H. Milliken, Jr. Spindrift IV Ordway and Jean Burden Squawk Schofield Andrews III Stardust Frederic C. Towers Surabaya Mrs. E. Hewlett Kent Tater Stockton N. Smith The Gander Mr. & Mrs. Ford B. Draper, Jr. The Wanderer Philip & Tina DeNormandie Tidely Idlely Helen Clay Chace Timothy E. Edward Stewart Tinker Wells and Mary Bacon Toddler Thomas Reath, Jr. Truant Norris Strawbridge Truffle Frederick F. Dupree, Jr. Wasp William C. Trimble, Jr. Whileaway Mrs. Thomas Hitchcock White Gages Christopher S. Reece Whizfish Story Litchfield Widget Creighton B. Murch Windlass Mrs. Albert L. Hoffman Yi heung William V.P. Newlin 2 EUS John N. Kelly Xanadu William L. Beadleston Sloops and Cutters Sail # Boat Name Owner Act 3 Robert & Lynn Daly 14459 Adhara Mr. Patrick Jones Alcedo II George and Laura Drexel Anhinga John and Carol Rivers Angel's Share Robert E.L. Johnson, III 42074 Atlantica William C. Eacho 2386 Baleira Constance B. Madeira Corydon Percy Preston, Jr. 70 51903 Courage Edward S. Madara III Cressida Benjamin R. Neilson 52045 Cybele David Rockefeller, Jr. C-49 Daybreak Harry R. Madeira Dixi Duane Iselin Equus Donald Tofias 73321 Eventyr Gordon A. Haaland Far Out Carole & Hal Kroeger 50022 Firefly Patrick R. Wilmerding 31007 Flirt Michael Cook Four Suns Bob & Mia Brown Fox William B. Morris 13194 Gaylark Kaighn Smith 52013 Ghost Michael H. Cook Great White Story Litchfield Hawk Corneilius B. Waud Heron Dr. & Mrs. Mark Heinemann Hieronymus Albert P. Neilson Isola Isabelle B. Storey 2299 Lupine F. Benjamin MacKinnon 20503 Lyre Norman Beecher Mary Eustis Anthony M. Zane 1542653 Morning Star Sally & Dan Bienkowski 28289 Mr. Magoo Stephen T. Madeira 1760 Narcissus Abbott L. Reeve Niliraga Peter G. Milliken 59007 Painted Lady Robert M. Bass 44001 Pequot Bevin V. Cherot Piper Daniel Pierce Plowshares Elliot Cohen 666 Reindeer E. Newbold Smith Recess Robert F. McKown 42901 Safari Charles P. Schutt, Jr. Sarusha Harry R. Neilson, III & Silas W.M. Neilson 101 Scana Bickford Henchey 459 Sea Sound Thomas R. Elkins Serena Andres W. Roomet Sialia James M. Clark, Jr. Spring Moon David Rockefeller, Sr. Stuart Little Philip B. Bennet Summer Light Hamilton Robinson, Jr. Tyee Charles D. Dickey, Jr. 71 VM6 Robert Brown 707 Weather Gauge Stockton N. Smith Whisper II Henry F. Harris 33 Willoughby Melville T. Hodder 795 Wivern George Putnam Schooners, Yawls & Ketches Sail # Boat Name Owner Cahoots Guy C. Heckman 176 Cygnus Dr. & Mrs. Patrick Kelly Deux Belles John R. Robinson 843 Fair Lead Joseph L. Grant Felicity Peter P. Nitze Jester Dr. Robert W. Tilney, Jr. Norembega Edward McC. Blair Precious Cloud Charles Target Rebecca Charles C. Butt Rose Peter Godfrey Rozenante Hereschoff Gilbert Butler Starlight Crompton Smith J-100 Class Sail # Boat Name Owner 40 Hopscotch Jeff Dunn 47 Hannah Dan Burt 50 Reiver Henry Brauer 89 Amelia Andrew Barrett 111 Tern Robert L. Johnstone, III International One Design Class Sail # Boat Name Owner 1 Firefly James A. Lash 2 Auriga Harry R. Madeira, Jr. & Stephen T. Madeira 3 Eagle T. Courtenay Jenkins III, Alison Schafer, & Orton P. Jackson Jr. 4 Silver Spray Bob and Mia Brown 5 Tundra David Rockefeller, Jr. 6 Dram Jason W. Ingle 7 Ibis Mrs. Anthony M. Merck 72 8 Hannah David J. Schoeder 9 Acontia Alessandro Vitelli and Kaja Wojnicka 10 Humlen Frederic C. Towers 11 Hard Rain Sam Cocks 12 Cygnet Christopher Hutchins 13 Darkstar John H.J. Guth 14 Satin Doll Sydney Roberts Rockefeller 15 Yakut Charles Wray 18 Gosling Michael Phillips 20 Magic Bus Richard W. Homer 21 Gambler John C. Henry, Jr. 22 Woodie John T. Roberts 23 Mischief William F. Dowling 24 Live Yankee Thomas P. Fremont-Smith 25 Puff Stephen B. Homer 26 j'Elle Bean Frederick C. Ford, III 27 Rampant Robert M. Bass 28 Earl James M. Garnett, Jr. 30 Sagara Anthony Young J-24 Class Sail # Boat Name Owner 1451 Saraband David L. Hopkins, III 2141 Excess Mia Thompson Brown 3002 Outrageous Janice A. Smith 4460 Caution James & Deborah Lash 4735 Spirto Gentil Richard B. Light & James McCabe J/22 Class Sail # Boat Name Owner Siren Richard Haberman Mercury Class Sail # Boat Name Owner 1 Eve Mia Thompson Brown 2 Merry Wind N.E. Harbor Fleet 3 Alondra N.E. Harbor Fleet 4 Edward Stewart N.E. Harbor Fleet 5 Norumbega N.E. Harbor Fleet 73 6 Quick Siver N.E. Harbor Fleet 7 Magic N.E. Harbor Fleet 8 Columbia N.E. Harbor Fleet 9 Pirate Frederick Haack, III 12 Resolute Harry R. Madeira 13 Arcturus N.E. Harbor Fleet 14 Sappho N.E. Harbor Fleet 15 XV Alan McIlhenny, Jr. 23 Mischief N.E. Harbor Fleet 28 Bat III Vittoria McIlhenny 553 Sling Shot Elizabeth M. Brauer 758 Southerly Leon A. Allen, Jr. 762 W Janice A. Smith 1316 Swallow Frederick F. Dupree, Jr. Namaste Barbara Danielson A Class Sail # Boat Name Owner 50 Gull R. Anderson Pew Luders-16 Class Sail # Boat Name Owner 3 Watermelon Dan Burt 16 Chinquapin Jane S. Zinkilton 24 Triad Alexander Y. Goriansky 38 Mary Jane Wells and Mary Bacon Yingling Class Sail # Boat Name Owner Verve Janice A. Smith Fiberglass Bullseye Class Sail # Boat Name Owner 728 The Owl A.J. Longmaid 795 Nanny B. Stephen B. Homer Wooden Bullseye Class Sail # Boat Name Owner 1 Toot Sweet William V.P. Newlin Cranberry Charles Butt Maia Elliot Cohen La Poule Blanche Polly W. Guth 74 NORTHEAST HARBOR FLEET 2005 Membership List Photo compliments of Harriet Madeira Fleet House 75 Pages 76-96, the List of Members, have been removed to protect personal information. By Certificate of Organization of a Corporation under the general Law of the State of Maine, the name of said corporation is: THE NORTHEAST HARBOR FLEET The purpose of the corporation is: A Yacht Club for the promotion of yacht- ing as an amateur sport at Northeast Harbor in the Town of Mount Desert, Maine and its vicinity. BY LAWS Article I - Membership SECTION 1. Membership in the Northeast Harbor Fleet shall be open to persons interested in yachting and shall be divided into seven classes, namely: Honorary Members, Senior Members, Family Members, Individual Members, Intermediate Members, Non-Resident Members, and Resident Student Members. The Executive Committee, or its designees may from time to time elect eligible persons to one of the seven classes of membership. Candidates for membership must be nominated and seconded for membership by Fam- ily, Individual or Intermediate members in good standing.* The nominating letters should be addressed to the Chairman of the Membership Committee, The Northeast Harbor Fleet, P.O. Box 462, Northeast Harbor, Maine 04662. A former member in good standing* may re-activate a lapsed membership by application to the Chairman of the Membership Committee. *"In good standing means that all dues, assessments and fees for current and prior years have been paid in full". HONORARY MEMBERS Honorary Members shall be such persons as the Executive Committee may from time to time elect to Honorary Mem- bership. Honorary Members are entitled to the full privileges of membership. There are no dues or assessments for Honorary Members. SENIOR MEMBERS A member who has reached the age of 80, and who has paid dues for a period of 35 years shall not be required to pay further dues and assessments. Annual dues and assessments for those members who reach the age of 70 and who have been members for 25 years may be at a reduced rate as set by the Executive Committee. Senior Members have the same privileges as Individual Members. FAMILY MEMBERS Any person or couple otherwise eligible for membership may be elected to Family Membership of the Fleet. 97 Family Membership extends the privileges of membership without the payment of additional dues or assessments to the children, grandchildren and great grandchildren residing at the summer residence of a Family Member who have reached their 6th birthday but not reached their 21 st birthday. Those members may become Intermediate Members or Family Members when they reach their 21s birthday without application by notifying the Chairman of the Membership Committee and paying the dues for the desired class of membership. Family membership is required when more than one individual in a family unit consisting of a head of household, his or her spouse and or their children desires to enjoy the privileges of membership. INDIVIDUAL MEMBER - Any eligible person who has reached his or her 30th birthday may be elected an Individual Member of the Fleet. An Individual Member of the Fleet may become a Family Member without application by notifying the Chairman of the Membership Committee and paying the dues for that class of membership. INTERMEDIATE MEMBERS - Any eligible person who has reached his or her 21st birthday but not yet reached his or her 30th birthday may be elected an Intermediate Member of the Fleet. Current Intermediate Members may become Individual Members or Family Members when they reach their 30th birthday, without application, by notifying the Chairman of the Membership Committee and paying the dues for the desired class of membership. Intermediate Members who wish to extend the privileges of membership to their spouses and or children shall become a Family Member of the Fleet. NON-RESIDENT MEMBERS - A person who has been a member of the Fleet for five consecutive years or more may become a Non-Resident Member by notifying the Chairman of the Membership Committee. Non-Resident membership is available to those who live more than 150 miles from the Fleet and do not spend more than five days on Mount Desert Island during the period from July first to Labor Day. Non-Resident Members have no voting privileges and are not entitled to participate in fleet events or use the fleet facilities. RESIDENT STUDENT MEMBERS - Available to persons who are residents of Hancock County, who have reached their 6th birthday and are enrolled as students in the Northeast Harbor Sailing School. Resident Student Members are not entitled to voting privileges, and do not qualify as the "Member on Board" in Northeast Harbor Fleet races, other than those races conducted by the Northeast Harbor Sailing School. There shall be no 98 initiation fee for Resident Student Members. GUESTS - The Northeast Harbor Fleet welcomes the crews and houseguests of members when they are accompanied by the member and abide by Fleet regulations. House guests may participate in the Adult and Junior Sailing Program(s) of the Northeast Harbor Sailing School for a period of up to one week, provided: 1. they are sponsored by the member; 2. there is space in the Program; 3. they meet such eligibility requirements as the Fleet may from time to time have in effect for the programs, and 4. they pay the applicable activity fees. Houseguests desirous of continuing their association with the Fleet for more than one week shall apply for an appropriate membership. The facilities and moorings of the Fleet are restricted to use by members only, except upon invitation of the Fleet to non-members participating in Fleet sponsored events. INITIATION FEE - The Executive Committee may establish an initiation fee that shall be paid by new Family and Individual Members of the Fleet and those former members whose membership has lapsed for one year. A newly elected former member who resigned from the Fleet in good standing shall pay the lesser of the capital dues assessed during their leave or one-half of the initiation fee established for the class of membership for which they are elected SECTION 2. Annual dues for the seven classes of membership shall be set by the Executive Committee. Dues, assessments, and charges are payable within 30 days of invoice. A member whose dues, assessments, or charges remain unpaid on July 1 is subject to having his or her name posted at the Fleet until outstanding invoices have been paid. A boat will only be scored in a Fleet race or event once the outstanding dues capital dues, charges and/or entry fees (if any) have been paid. A race entered prior to payment shall be scored a DNS. Members whose dues, assessments or charges are unpaid by August 31 will have their names dropped from the membership rolls, and may be reinstated as members at the discretion of the Executive Committee once their outstanding invoice(s) have been paid. SECTION 3. To fund capital assets, the Executive Committee may also assess the membership a sum in addition to the annual dues, capital dues, but only upon notice to the membership of the purpose and need for any such assessment. The assessments shall be limited to the Family and Individual members and shall be in proportion to the annual dues for those classes of members. SECTION 4. Any member who shall have paid all dues, capital dues and charges currently owed may resign upon written notice given to 99 the Treasurer. Upon termination of membership for any reason, a member shall forfeit to the Fleet all the benefits and privileges of membership and all right, title and interest in and to the Fleet and any of the Fleet's property. SECTION 5. Membership shall not be transferable unless, in the case of death of a member, the Executive Committee in its discretion shall permit. SECTION 6. A member may be expelled by a majority vote of the Executive Committee or a majority vote of the entire Fleet Membership at any duly convened meeting of said Committee or members of The Fleet, for failure to comply with the articles of incorporation, by-laws, or any duly adopted policies, rules or regulations of the Fleet, provided that ten days written notice shall have been given to such member setting forth the intention to propose his or her expulsion, the specific reasons thereof, and the right of the member to appear and be heard in person or by counsel at the meeting at which such expulsion shall be proposed. Article II - Meetings of Members SECTION 1. The annual meeting of members shall be held at Northeast Harbor in the month of August or September in each year on such day and at such hour and place as the Executive Committee shall determine. Special meetings of the members may be called at any time by the Commodore or by the Executive Committee or at the written request of ten or more members. SECTION 2. Seven days written notice, from the date of postmark, of each meeting of the members shall be sent to each voting member. If a meeting is adjourned, it shall not be necessary to give any notice of the adjourned meeting. SECTION 3. Each voting member, which shall include all members except Non-Resident Members and Resident Student Members, shall be entitled to vote at every meeting of the members. SECTION 4. The election of officers shall be by ballot. A majority of the votes cast at a duly organized meeting shall be necessary at all elections. Article III - Officers SECTION 1. The Officers of the Fleet shall be a Commodore, a Vice Commodore, a Rear Commodore, a Clerk, a Treasurer, a Chairman of the Race Committee, a Chairman of the House Committee, Chairman of the Membership Committee, a Fleet Counselor, and such other officers and assistant officers as may be deemed necessary and advisable by the 100 Executive Committee. SECTION 2. All officers shall be elected by the members of the Fleet at the annual meeting and shall hold office from the first of October following the election for a period of one year, or until their successors are elected. Except as provided in Article VI, no person shall be eligible for election to any office at the annual meeting unless nominated in writing by five members and filed with the Clerk not less than five days before the annual meeting. All such nominations shall be posted on the bulletin board of the Fleet for five days preceding such meeting. SECTION 3. Any officer may be removed by the Executive Committee whenever, in its judgment, the best interests of the Fleet will be served thereby, and the Executive Committee shall have the power to fill any vacancies in any office, occurring for whatever reason. SECTION 4. The duties of the Commodore, Vice Commodore, Rear Commodore, Clerk and Treasurer, shall be those usually pertaining the offices of President, Senior Vice President, Vice President, Secretary and Treasurer, respectively. The Commodore shall be an ex-officio member of all committees. Article IV - Executive Committee SECTION 1. The Executive Committee shall consist of the officers, and of three other members appointed by the Commodore. SECTION 2. The Executive Committee shall manage the affairs of the Fleet, and except as otherwise provided by law, by the Charter or by these By-Laws, and shall exercise all powers of the Fleet. Specifically, but without limitation, the Executive Committee shall have the power and authority to hire and appoint a Fleet Manager and Assistant Treasurer to perform those duties assigned by the Executive Committee. Article V - Race Committee SECTION 1. The Race Committee shall consist of five or more elected members and the Commodore and the Fleet Manager, as members ex officio. The appointed members shall serve for the same term, as provided by these By-Laws with respect to officers. Members of the Committee shall notify the Chairman of the Committee prior to July First if they are unable to be at Mount Desert Island for any part of the summer during which they have been elected. The Race Committee Chairman shall fill any vacancies which may occur for whatever cause, and may, at his/her discretion, at any time during the summer when there are insufficient members of the Race Committee present for the Race Committee to perform its assigned duties, 101 appoint additional members of the Race Committee. SECTION 2. The management of all races shall be under the direction of the Race Committee. All decisions of the Race Committee shall be by a majority vote of its members present, except that in the case of a tie, the Commodore shall cast the deciding vote, except as modified by these By-Laws, or by Sailing Instructions applicable to specific events or the general authority of the Race Committee as defined in the Racing Rules of Sailing as adopted by the United States Sailing Association. Article VI - Nominating Committee SECTION 1. The Nominating Committee shall be formed each year by the Commodore to nominate candidates for office. The Committee shall consist of five members, selected in the following manner: Two members shall be the most immediate past Commodores willing to serve, with the most immediate past Commodore as Chairman. One additional member shall be appointed by the current Commodore. Two other members shall be appointed by the Chairman described above. SECTION 2. It shall be the responsibility of the current chairman of the Nominating Committee to determine the two past Commodores willing to serve on the following year's Committee. SECTION 3. The Committee shall nominate candidates for each office each year. SECTION 4. No candidate for office shall serve on the Nominating Committee. Article VII - Fleet Insignia and Flag SECTION 1. The Fleet insignia shall be a symbolic compass with the arrow pointing northeast. It shall be shown as in the attached diagram. SECTION 2. The Fleet burgee shall consist of a red pointed flag, the hoist to be two thirds of the length, with the Fleet insignia in blue of a diameter equal to one third of the length centered equidistant from the two longer sides of the flag and one third of the distance from the hoist to the end of the flag; the space between the outer band and the central disk of the insignia to be white. SECTION 3. The members of the Fleet shall have the exclusive right to fly the Fleet Burgee. 102 Article VIII - Fiscal Year The fiscal year of the Fleet shall end on September 30. Article IX - Amendments These by - laws may be amended by the Executive Committee or by the members at any regular or special meeting duly convened after seven days written notice to the members of the Executive Committee or the members of the Fleet as the case may be of that purpose; provided that within sixty days after the amendments of these by-laws by the Executive Committee, written notice shall be sent to each member. 103 THE NORTHEAST HARBOR FLEET ANNUAL FINANCIAL REPORT FOR THE YEARS ENDED SEPTEMBER 30, 2005 & 2004 104 HORTON, McFARLAND & VEYSEY H CERTIFIED PUBLIC ACCOUNTANTS P.O. BOX 543 ELLSWORTH, MAINE 04605 207-667-5529 1-800-499-9108 FAX: 207-667-9915 INDEPENDENT AUDITOR'S REPORT December 12, 2005 To the Executive Committee of The Northeast Harbor Fleet Northeast Harbor, Maine We have audited the accompanying statement of financial position of the Northeast Harbor Fleet as of September 30, 2005 and 2004, and the related statements of activities and cash flows for the years then ended. These financial statements are the responsibility of the management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Northeast Harbor Fleet as of September 30, 2005 and 2004, and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America. Horton me Farlando M.R. HORTON, JR., CPA JAMES E. McFARLAND, CPA FLOYD S. VEYSEY, CPA 105 THE NORTHEAST HARBOR FLEET Exhibit A STATEMENT OF FINANCIAL POSITION AT SEPTEMBER 30, Unrestricted Board Designated James G. Assets Ducey 2005 2004 Operating Memorial Fixed Assets Total Total Current Assets: Cash 150,464 150,464 178,861 Receivables Due from Affiliates 44,299 44,299 Accounts Receivable 9,769 9,769 10,459 Inventory 975 975 1,555 Unexpired Insurance 5,896 5,896 6,116 Prepayments 4,824 4,824 4,952 Total Current Assets 216,227 216,227 201,943 Investments 172,902 43,862 216,764 187,501 Plant & Equipment: Land 6,342 6,342 6,342 Land Improvements 54,433 54,433 54,433 Buildings, Pier & Improvements 147,828 147,828 131,824 Boats & Motors 213,911 213,911 280,545 Floats & Ramps and Moorings 120,117 120,117 111,291 Fixtures & Equipment 56,386 56,386 54,848 Total 599,017 599,017 639,283 Less: Accumulated Depreciation 473,727 473,727 483,818 Net Plant & Equipment 125,290 125,290 155,465 Total Assets 389,129 43,862 125,290 558,281 544,909 Liabilities and Net Assets Current Liabilities: Accounts Payable 8,159 8,159 4,862 Accrued Income Taxes 194 194 Other Payable 7,765 7,765 Total Current Liabilities 16,118 16,118 4,862 Net Assets Unrestricted 373,011 43,862 125,290 542,163 540,047 Total Liabilities and Net Assets 389,129 43,862 125,290 558,281 544,909 HM See accompanying notes. HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 THE NORTHEAST HARBOR FLEET Exhibit B STATEMENT OF ACTIVITIES FOR THE YEARS ENDED SEPTEMBER 30, Unrestricted Board Designated James G. Ducey Fixed 2005 2004 Operating Memorial Assets Totals Totals Revenue: Annual Dues 146,780 146,780 136,950 Racing Fees 2,625 2,625 2,800 Dock Charges 6,675 6,675 4,555 Events & Miscellaneous 3,774 1,258 5,032 4,315 Contract Services 35,500 35,500 20,000 Total Income 195,354 1,258 196,612 168,620 Expenses: Employment 118,241 118,241 79,584 Employees Benefits 16,421 16,421 13,111 Office Supplies & Expenses 15,818 15,818 16,542 Boat Expense 14,482 14,482 9,507 Building & Grounds 34,585 34,585 34,624 Events & Miscellaneous 7,597 7,597 6,324 Awards 3,595 3,595 3,668 Professional 15,933 173 16,106 23,780 Total Expenses 226,672 173 226,845 187,140 Gain or (Loss) Before Depreciation (31,318) 1,085 (30,233) (18,520) Depreciation of Plant & Equipment 41,222 41,222 44,801 Excess (Deficiency) of Revenue Over Expenses for the Year (31,318) 1,085 (41,222) (71,455) (63,321) Assessments 28,731 28,731 27,812 Other Capital 15,340 15,340 20,153 Gain on Sale of Assets 1,502 1,502 Increase (Decrease) in Market Value of Securities Held for Investment 872 (183) 689 798 Increase (Decrease) in Carrying Value of Clifton Dock Corp. 27,309 27,309 (18,590) Change in Net Assets 42,436 902 (41,222) 2,116 (33,148) Net Assets as of Beginning of Year 341,622 42,960 155,465 540,047 573,195 Transfers (11,047) 11,047 Net Assets as of End of Year 373,011 43,862 125,290 542,163 540,047 NY HM See accompanying notes. HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 THE NORTHEAST HARBOR FLEET Exhibit C STATEMENT OF CASH FLOWS FOR THE YEARS ENDED SEPTEMBER 30, Unrestricted Board Designated James G. Ducey Fixed 2005 2004 Operating Memorial Assets Totals Totals Cash Flow from Operating Activities: Net Operating Gain (Loss) for the Year 42,436 902 (41,222) 2,116 (33,148) Adjustments to Reconcile Change in Net Cash Provided by Operating Activities: Unrealized (Gains)\Losses on Investments (28,181) 183 (27,998) 17,792 Donation of Boats 9,286 9,286 Book Value of Assets Sold 6,497 Depreciation 41,222 41,222 44,801 (Increase) Decrease in: Accounts Receivable 690 690 (2,014) Receivables from Affiliates (44,299) (44,299) Inventory 580 580 52 Prepaid Expenses 348 348 5,408 Increase (Decrease) in: Accounts Payable 3,297 3,297 (791) Other Payables 7,959 7,959 Total Adjustments (43,823) 183 41,222 (2,418) 65,248 Net Cash Provided by Operating Activities (1,387) 1,085 (302) 32,101 Cash Flow from Investing Activities: Renovations of Building (16,004) (16,004) Purchase of Float (9,289) (9,289) (9,498) Purchase of Furnishings (1,538) (1,538) Purchase of Securities (179) (1,085) (1,264) (615) Net Cash (Used) in Investing Activities (27,010) (1,085) (28,095) (10,113) Net Increase (Decrease) in Cash (28,397) (28,397) 21,988 Cash at Beginning of Year 178,861 178,861 156,873 Cash at End of Year 150,464 150,464 178,861 Supplemental Disclosures: Income Taxes Paid 70 70 132 NY HM See accompanying notes. HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 THE NORTHEAST HARBOR FLEET NOTES TO FINANCIAL STATEMENTS SEPTEMBER 30, 2005 Note 1 - Significant Accounting Policies Nature of Activities The purpose of The Northeast Harbor Fleet is to provide racing & cruising activities serving 400 members in Northeast Harbor, Maine. Income Recognition The financial statements are presented on the accrual basis. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Fair Values of Financial Instruments The fair values of investments are based on quoted market prices for those investments. Cash and Cash Equivalents All cash is held in liquid checking, money market or savings deposits. Deposits at September 30, 2005 include $50,614 in excess of insured limits. Inventories Supplies and resale items are carried at cost, determined by the first-in, first-out method. Financial Statement Presentation The Fleet adopted the provisions of Financial Accounting Standards No. 117, Financial Statements of Not-for-Profit Organizations by restating net assets as of September 30, 1997. Statement No. 117 establishes standards for general purpose external financial statements of Not-for-Profit Organizations and requires a statement of financial position, a statement of activities, and a statement of cash flows. Plant Assets and Depreciation Plant and equipment are recorded at cost and are depreciated at rates calculated to amortize the original cost over the useful lives of the respective assets on a straight-line basis. It is the Fleet's policy to capitalize assets with a cost of $1,000 or more. MY HM HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 109 THE NORTHEAST HARBOR FLEET NOTES TO FINANCIAL STATEMENTS SEPTEMBER 30, 2005 Note 1 - Significant Accounting Policies Plant Assets and Depreciation (Continued) Cost Rate Land 6,342 Land Improvements 54,433 5 20% Building, Pier & Improvements 147,828 2.5 4% Boats & Motors 213,911 5 20% Floats & Ramps 120,117 5 20% Fixtures & Equipment 56,386 5 20% Investments - Clifton Dock Corporation Northeast Harbor Fleet owns all the outstanding stock of Clifton Dock Corporation which engages in waterfront service activities and is taxable as a C Corporation under federal and state income tax rules. The Fleet furnishes to Clifton certain contract labor, receiving $30,000. Clifton's book value was reported at $163,093 at September 30, 2005. Investments Investments are stated at fair market value and consist primarily of Mutual Funds and Dreyfus Cash Management. Unrealized Fair Appreciation Cost Value (Depreciation) Unrestricted - Operating 10,676 9,809 (867) Unrestricted - Board Designated 44,101 43,863 (238) 54,777 53,672 (1,105) Investments are composed of the following: Mutual Funds 19,104 17,999 (1,105) Dryefus Cash Mgnt 35,673 35,673 Balance at September 30, 2005 54,777 53,672 (1,105) Balance at October 1, 2004 53,512 51,722 (1,790) Income Taxes The Fleet is a tax exempt entity under Section 501(c)(7) of the Internal Revenue Code and, accordingly, is not subject to Federal income tax. However, the Fleet is subject to Federal income tax on its unrelated trade or business income of $1,000 or more. Interest income of $1,902 was taxable for 2005. HM HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 110 THE NORTHEAST HARBOR FLEET NOTES TO FINANCIAL STATEMENTS SEPTEMBER 30, 2005 Note 2 - Receivables Due from Affiliates: Receivables due from affiliates at September 30, 2005 were due from the following and were all received by October 4, 2005: Clifton Dock Corporation $30,000 for contract labor. The Northeast Harbor Sailing School $5,500 for contract labor, $1,299 for insurance and $7,500 for sale of boats. N HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 111 Livery Happy New Tear from the Fleet Photo from Fleet files Northeast Harbor Fleet Christmas Card 112