The Northeast Harbor Fleet Annual Report 1997 THE NORTHEAST HARBOR FLEET ANNUAL REPORT 1997 TABLE OF CONTENTS Dedication 2 Officers, Committees & Staff 3 Summer Staff 5 Commodore's Report 6 Former Officers 8 By-laws 11 Auditor's Report 16 1997 Race Results & Awards 23 1997 Junior Race Results & Awards 28 List of Watercraft 32 List of Members 38 1 This Annual Report is respectfully dedicated to the Fleet's many donors. Steven Adler Lincoln Lyman Mrs. Vincent Astor Constance B. Madeira Cara Barrett Miss Elizabeth Madeira Eric Bisgyer Harry R. Madeira, Jr. Edward McC. Blair Manton B. Metcalf Henry G. Brauer Gerrish H. Milliken J. Carter Brown Minot K. Milliken Dan Burt Peter Milliken Charles C. Butt Creighton B. Murch Minturn V. Chace Mrs. Harry R. Neilson, Jr. James Clark Harry R. Neilson, III Mrs. Richard Cobb William V. P. Newlin Eliot Cohen Andrew Ogilvie Frank M. Crossen John T. Roberts Joseph DeRaisme David Rockefeller, Jr. George Denny, III Sydney Robert Rockefeller S. Whitney Dickey DeWitt L. Sage C. Douglas Dillon Charles P. Scutt, Jr. Terrence J. Dinneen E. Newbold Smith Ford Draper Stockton N. Smith Charles P. Gogolak Richard Storey John H. J. Guth Mrs. Morris Stroud Frederick Haack, III Hans P. Utsch George B. E. Hambleton Richard K. Warren W. Clay Hamner Allen Wheat Guy Heckman Alexander B. Wheeler John C. Henry, Jr. Dr. Wayne W. Wibby Mrs. Thomas Hitchcock John Wilson D. Luke Hopkins Anthony M. Zane O. P. Jackson, Jr. Frank C. Zirnkilton, Jr. James A. Lash (With apologies to anyone whose name has been inadvertently omitted.) 2 THE NORTHEAST HARBOR FLEET 1997 OFFICERS (ELECTED TO SERVE A ONE YEAR TERM COMMENCING OCTOBER 1, 1996) COMMODORE - JAMES A. LASH VICE COMMODORE - DAVID ROCKEFELLER, JR. REAR COMMODORE - JOHN T. ROBERTS CLERK - CHRISTIAAN I. van HEERDEN TREASURER - HARRY R. MADEIRA, JR. FLEET COUNSELOR - JOHN N. KELLY CHAIRMAN OF THE RACE COMMITTEE - JOHN T. ROBERTS CHAIR OF THE HOUSE COMMITTEE - MIMI J. HECKMAN THE EXECUTIVE COMMITTEE The Officers and HENRY G. BRAUER - CO-CHAIR, RACE COMMITTEE ROBERT BROWN - FLEET CAPTAIN MINTURN V. CHACE - COMMUNICATIONS COMMITTEE GAIL F. COOK - CHAIR, BUILDING & GROUNDS COMMITTEE MATTHEW EVANS - EXECUTIVE SECRETARY MAZZIE GOGOLAK - CO-CHAIR, JUNIOR SAILING COMMITTEE GIOVANNA MICHELSON - CO-CHAIR, JUNIOR SAILING COMMITTEE ALESSANDRO VITELLI - WATERCRAFT COMMITTEE 3 RACE COMMITTEE JOHN T. ROBERTS AND HENRY G. BRAUER - CO-CHAIRMEN THOMAS T. BROWN STEPHEN B. HOMER MINTURN V. CHACE ALAN JOSEPH GAIL F. COOK BURNHAM LITCHFIELD WILLIAM F. DOWLING AMORY LORING THOMAS FREMONT-SMITH HARRY R. MADEIRA, JR. JOHN C. HENRY, JR. PRENTICE STRONG, III RICHARD W. HOMER WAYNE W. WIBBY JUNIOR SAILING COMMITTEE MAZZIE GOGOLAK AND GIOVANNA MICHELSON - CO-CHAIRPERSONS ELLY ANDREWS BRADLEY C. MADEIRA ROBERT BROWN ALAN McILHENNY, JR. MATTHEW EVANS LISA PITNEY DEBBY JONES LASH RICK WHEELER NOMINATING COMMITTEE MINTURN V. CHACE, CHAIRMAN GAIL F. COOK SYDNEY ROBERTS ROCKEFELLER GIOVANNA MICHELSON ALEXANDRA C. SMITH CLASS CAPTAINS CRUISING CLASS - BEVIN V. CHEROT IOD CLASS - HARRY R. MADEIRA, JR. J-24 CLASS - ALAN JOSEPH J-22 CLASS - HENRY T. REATH & E. NEWBOLD SMITH MERCURY CLASS - D. TROWBRIDGE ELLIMAN III 1997 FLEET STAFF EXECUTIVE SECRETARY - MATTHEW EVANS ADMINISTRATIVE MANAGER - KATHLEEN B. SLACK ASSISTANT TREASURER - KATHLEEN L. GRAVES SUPERVISORS OF FLEET PROPERTIES - ROY HADLOCK 4 1997 SUMMER STAFF RACING MASTER - AMANDA RUSCITTO SAILING MASTER - BRADLEY C. MADEIRA ROWING MASTER - JULY, KATHERINE ELKINS ROWING MASTER - AUGUST, LYNN FITCH LAUNCH CAPTAIN - WALLACE POOLER SAILING INSTRUCTORS ROWING INSTRUCTORS John Butler Chloe Bouscaren Sam Cocks Melissa Butler Lance Davis Allen-Clare Elkins James Funk Georgia Howland Andrew Humphrey Kate Joseph Peter Welles Kitty McSweeney JUNIOR INSTRUCTORS Ellie Parker Ryan Brown Storey Parker Sam Cocks Meredith Reece Stephen Gogolak Adam Wibby Andrew Joseph A.J. Longmaid Commodore Lash Presents the Hayward Cup to 1997 winner, Tom Brown and his crew Will Welles. (Photo by Toby Tobin) 5 THE COMMODORE'S REPORT Certainly the summer of 1997 will be remembered for its excellent weather. I believe that it was also a summer during which every area of the Fleet found a way to improve. This was the result of the continuing efforts of both the paid staff and the volunteer leadership, particularly during the winter and spring. Here are the highlights. The Junior Sailing Committee, chaired by Mazzie Gogolak and Giovanna Michelson, made numerous changes in the program. The curriculum was modified, registration material was rewritten, the student/instructor ratio was lowered, a racing team with its own coach was initiated, and student records were improved in order to help instructors give instruction in each student's most needed areas. In order to support the Junior program the Watercraft Committee, chaired by Bob Brown and Sandro Vitelli, bought new sails and rigs for all the Optimists, bought new sails for all the Mercuries and 420's, bought three used 420's, and continued the program of refurbishing the Mercuries. The Race Committee, chaired by Rear Commodore John Roberts, successfully introduced the new Rules, completely rewrote the Sailing Instructions, published a new Chart, and hosted the International Class North American Championship. Fleet members Bill Dowling, Tom Freemont-Smith, and Sandro Vitelli finished 1, 2, 3 in the IC North Americans, David Rockefeller Jr. finished 4th in the IC Worlds, and Bevin Cherot won the Halifax Race! The Building and Grounds Committee, chaired by Gail Cook, replaced the outer float and reshingled the street side of the Fleet House in addition to completing numerous small repairs before they became big problems. The Communications Committee, new this year and chaired by Mike Chace, dramatically increased newspaper coverage of the Fleet, particularly the Juniors' activities. They lowered the cost of producing the Annual Report and continued to evolve the newsletter to make it more useful to Fleet members. The Finance Committee, chaired by Treasurer Gary Madeira, took a fresh look at the budget and found some savings, helped develop the new fee structure for the Junior program, and managed the day to day spending process with the positive result shown in the financial section of this report. The House Committee, chaired by Mimi Heckman, made it possible for all the members to get together at the Fourth of July Picnic, Fleet Night, and numerous Teas in a relaxed and fun atmosphere. They did it all while minimizing the need for paid staff time, thus saving money and minimizing the impact on the Racing and Junior Sailing programs. 6 Finally, I want to thank the staff for giving us such a wonderful summer on the water. It was the thoughtfulness and care of Matt Evans our Executive Secretary, Kathleen Slack our Administrative Secretary, Brad Madeira our Sailing Master, and the rest of the staff that made our busy program run smoothly. It is their effort that makes it possible for the adults and children on the race course, the children in the rowing and sailing classes, and the families day sailing to have the safe and enjoyable sailing experience that is at the heart of the Northeast Harbor Fleet. James A. Lash Commodore Close racing on the August cruise. (Photo by P. Wilmerding) 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 Hermann 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 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 VICE COMMODORE Edward W. Madeira 1923-1925 Frederick O. Spedden 1925-1926, 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. McCormick 1936-1937 Harry G. Haskell 1938-1942, 1953 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 1955-1959 Edward W. Madeira, Jr. 1960-1962 Benjamin R. Neilson 1963-1964 John F. Ducey, Jr. 1965 8 John B. Reece 1966-1970 Harry R. Madeira 1971-1975, 1981-1983 Redmond C.S. Finney 1976 Minturn V. Chace 1984, 1993-1994 Dr. Wayne W. Wibby 1977-1980 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 1996 David D. Rockefeller, Jr. 1997 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 Kanzler 1940-141 Mrs. Mary C. Rockefeller 1942 James G. Ducey 1943, 1951 Vance C. McCormick 1944-1945 Stuart S. Janney, 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. Coxe, Jr. 1960-1961 David Rockefeller 1961-1963 John F. Ducey, Jr. 1964 John B. Reece 1965 Charles L. III 1966-1967 Dr. Kaighn Smith 1968 Harry R. Madeira 1969-1970 Alan McIlhenny 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 9 Sydney Roberts Rockefeller 1988 Stephen B. Homer 1989 Alan McIlhenny, Jr. 1991 Thomas R. Elkins 1993-1994 David Rockefeller, Jr. 1995-1996 John T. Roberts 1997 TREASURER Gerrish H. Milliken 1923-1940 Henry Rawle 1941 P. Blair Lee 1942-1947 D. Luke Hopkins 1948-1950 David Rockefeller 1951-1954 Bayard H. Roberts 1955-1958 Harry R. Neilson, Jr. 1959-1967 S. Whitney Dickey 1968-1972 Edward S. Madeira, Jr. 1973-1980 Reade D. Nimick 1981-1987 Charles D. Dickey, Jr. 1988-1991 Christopher Hutchins 1992-1996 Harry R. Madeira, Jr. 1997 EXECUTIVE SECRETARY 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 1963-1964 Alessandro Vitelli 1965 John H. Walls 1966-1968 William C. Melcher III 1968 Michael C. Madeira 1969 Mrs. Constance B. Madeira 1970-1973 Charles L. III 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 S. Brown 1988-1989 Andrew W. Stephenson 1990-1992 John G. Torgerson 1993 William J. Hooper 1994 Patricia R. Gilbert 1995-1996 Matthew R. Evans 1997 10 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 said corporation is: A Yacht Club for the promotion of yachting 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 six classes, namely: Family Members, Individual Members, Intermediate Members, Junior Members, Honorary Members and Non-Resident Members. The Executive Committee, or its designee(s), may from time to time elect eligible persons to one of the six classes of membership. Candidates for membership must be nominated and seconded for membership by letters from adult Fleet members in good standing.* The nominating and seconding letters should be addressed to the Executive Committee, The Northeast Harbor Fleet, Northeast Harbor, Maine 04662. Eligible candidates for Junior Membership require no supporting letters, but must be proposed by an adult who will be responsible for paying the dues and fees incurred by the Junior Member. A former member in good standing* may re-activate a lapsed membership by application to the Fleet Secretary. * "In good standing" means that all dues 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 Membership. Honorary Members are entitled to full privileges of membership. There are no dues for Honorary Members. FAMILY MEMBERS - Any person or couple otherwise eligible for membership may be elected to Family Membership of the Fleet. Family Membership extends the privileges of Junior Membership without the payment of additional dues, to the children, grandchildren and great-grandchildren residing in the summer residence of a Family Member who have reached their 6th birthday but have not reached their 21st birthday. 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 is desirous of membership. INDIVIDUAL MEMBERS - 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 Fleet and paying the dues for that class of membership. INTERMEDIATE MEMBERS - Any eligible person who has reached his or her 21st birthday but has not yet reached his or her 30th birthday may be elected an Intermediate Member of the Fleet. Intermediate Members may become Individual Members or Family Members when they reach their 30th birthday without application by notifying the Fleet Secretary 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. 11 JUNIOR MEMBERS - Any eligible person who has reached his or her 6th birthday and has not passed his or her 21st birthday may be elected to Junior Membership. Junior Membership is also extended to children otherwise eligible for membership as part of a Family Membership. Except for certain house guests (see below) Junior Membership or Family Membership is required for those participating in the Junior Sailing Programs of the Fleet. Junior Members may become Intermediate Members or Family Members when they reach their 21st birthdays without application by notifying the Fleet Secretary and paying the dues for the appropriate class of membership. 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 without application by notifying the Fleet. Non-Resident Membership is available to those who live more than 150 miles from the Fleet and who 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. GUESTS - The Northeast Harbor Fleet welcomes the crews and house guests of its members when they are accompanied by the member and abide by Fleet regulations. House guests of members may participate in the Adult and Junior Sailing Program(s) of the Fleet 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. House guests 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 more than five years. Intermediate Members who have not previously been Junior Members shall pay the applicable initiation fee upon reaching their 30th birthday. An initiation fee is not required for Junior Members or family Juniors. SECTION 2. Annual dues for the six classes of membership shall be set by the Executive Committee. Dues are payable within 30 days of invoice. A member whose dues remain unpaid on July 1st 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 and/or entry fees (if any) have been paid. A race entered prior to payment shall be scored a DNS. Members whose dues are unpaid by August 31st 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. Any member who shall have paid all dues and charges currently owed may resign upon written notice given to 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 rights, titles and interest in and to the Fleet of any of its property. SECTION 4. Membership shall not be transferable unless, in the case of death of a member, the Executive Committee in its discretion shall SO permit. 12 SECTION 5. A member may be expelled by 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 reason 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 the members shall be held at Northeast Harbor, Maine in the month of August or September in each year on such day and at such hour and place as the Executive Committee may determine. Special meetings of the members may be called at any time, at the direction of the Commodore or of the Executive Committee or at the written request of ten or more members. SECTION 2. Seven days written notice 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 Junior Members, shall be entitled to one vote at every meeting of the members. SECTION 4. The election of officers and of members of the Race Committee shall be by ballot. A majority of all the votes cast at a duly organized meeting shall be necessary in 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, a Fleet Counselor, and such other officers and assistant officers as may be deemed necessary and advisable by the Executive Committee. SECTION 2. With the exception of the Chairman of the Race Committee and the Fleet Counselor, 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 their election for a period of one year, or until their successors are elected. 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 the five days preceding such meeting. SECTION 3. Any officers 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, except that of Chairman of the Race Committee (who shall be appointed by the Commodore), occurring from whatever reason. SECTION 4. The duties of the Commodore, Vice Commodore, Rear Commodore, Clerk and Treasurer, shall be those usually pertaining to the offices of President, Senior Vice president, Vice President, Secretary and Treasurer, respectively. The Commodore shall be an ex-officio member of all committees. 13 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, shall exercise all powers of the Fleet. Specifically but without limitation, the Executive Committee shall have the power and authority to hire and appoint an Executive Secretary and Assistant Treasurer to perform those duties assigned by the Executive Committee. Article V - Race Committee SECTION 1. The Race Committee shall consist of no less than five elected members and the Commodore and Executive Secretary, if any, as members ex- officio. Except as otherwise provided in these by-laws, the ex-officio members shall be without vote. The elected members shall be nominated and elected in the same manner, and 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 1st if they are unable to be at Mount Desert Island for any part of the summer during which they have been elected to serve. The Commodore shall fill any vacancies which may occur from 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 properly perform its assigned duties, 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 the majority vote of its members present, except that in the case of a tie, the Commodore may cast the deciding vote, except as modified by these By-laws, or by Sailing Instructions applicable to specific events, the general authority of the Race Committee is defined in the Yacht Racing Rules as adopted by the United States Sailing Association. Article VI - Nominating Committee SECTION 1. The Nominating Committee shall be formed each year to nominate candidates for office. The Committee shall consist of five members, selected in the following manner: Two members shall be the two 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 three members described above. SECTION 2. It shall be the responsibility of the current Chairman of the Nominating Committee to ascertain 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, except Fleet Counselor and Race Committee Chairman. SECTION 4. No candidate for office shall serve on the Nominating Com- mittee. Article VII - Fleet Insignia and Flag SECTION 1. The Fleet insignia shall be a symbolic compass with the arrow pointing northeast. It shall be drawn as shown in the attached diagram. 14 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. Members of the Fleet shall have the right to fly the Fleet Burgee. 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 (60) days after the adoption of any amendment of these By-laws by the Executive Committee, written notice thereof shall be sent to each member. Some of the instructors pose for a photo before class. Left to right: Sam Cocks, Ryan Brown, Brad Madeira, A.J. Longmaind, Andrew Joseph and Amanda Rusortto. (Photo by Matthew Evans) 15 HORTON, McFARLAND & VEYSEY MY 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 November 12, 1997 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, 1997 1996, and the related statements of activities and cash flows for the years then ended. These financial statements are the responsibility of management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards. 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, 1997 and 1996, and the results of its operations and its cash flows for the years then ended in conformity with generally accepted accounting principles. Horton, M.R. HORTON, JR., CPA JAMES E. McFARLAND, CPA FLOYD S. VEYSEY, CPA 16 Unrestricted Board Designated James G. Burton Ducey Gray 1997 1996 Operating Memorial Memorial Fixed Assets Total Total Current Assets: Cash 84,218 917 85,135 78,540 Accounts Receivable 9,604 9,604 16,833 Inventory 3,056 3,056 1,228 Unexpired Insurance 8,929 8,929 1,263 Prepaid Fees 4,824 4,824 4,824 Total Current Assets 110,631 917 111,548 102,688 Investments 90,389 33,639 124,028 114,729 Plant & Equipment: Land 6,342 6,342 6,342 Land Improvements 54,433 54,433 54,433 Headquarters Building & Pier 77,374 77,374 77,374 Building Improvements 27,743 27,743 27,743 Boats & Motors 119,817 119,817 113,089 Floats & Ramps and Moorings 58,660 58,660 52,222 Fixtures & Equipment 34,684 34,684 33,984 Total 379,053 379,053 365,187 Less: Accumulated Depreciation 266,673 266,673 254,658 Net Plant & Equipment 112,380 112,380 110,529 Total Assets 201,020 33,639 917 112,380 347,956 327,946 Liabilities and Net Assets Current Liabilities: Accrued Payroll Accrued Payroll Taxes Accrued Income Taxes 445 445 272 Total Current Liabilities 445 445 272 Net Assets Unrestricted 200,575 33,639 917 112,380 347,511 327,674 Total Liabilities and Net Assets 201,020 33,639 917 112,380 347,956 327,946 HM my See accompanying note. . HORTON, McFARLAND & VEYSEY . CERTIFIED PUBLIC ACCOUNTANTS . ELLSWORTH, MAINE 04605 Unrestricted Board Designated James G. Burton Ducey Gray Fixed 1997 1996 Operating Memorial Memorial Assets Totals Totals Revenue: Annual Dues 103,225 103,225 99,500 Cruise & Race Fees 50 50 471 Mercury Nationals 3,046 Downeast Race Week 14,605 14,605 Rowing Sailing Instruction Instruction 42,246 42,246 33,609 14,025 14,025 9,730 Dock Charges 1,790 1,790 1,890 Boat Charter 105 Interest 1,720 1,733 23 3,476 2,510 Merchandise Sales 1,144 1,144 480 Fleet Tea 945 945 826 Sale of Assets 200 200 1,500 Miscellaneous 200 Contract Services 8,500 8,500 7,000 Total Income 188,450 1,733 23 190,206 160,867 Expenses: Salaries 84,531 84,531 76,180 Employees Benefits 3,779 3,779 4,047 Taxes 14,149 14,149 13,464 Office Supplies & Expenses 1,419 1,419 1,191 Printing 2,912 2,912 4,493 Postage 1,045 1,045 1,424 Telephone 3,658 3,658 2,013 Utilities 499 499 382 Insurance 12,312 12,312 13,001 Bank Charges & Auditing 1,975 1,975 1,991 Gas & Oil 3,216 3,216 2,016 Repairs & Maintenance - Plant 4,040 4,040 4,121 Repairs & Maintenance - Boats 20,956 20,956 17,957 Repairs & Maintenance - Parking Lot 240 240 2,259 Staff Uniforms 352 352 894 Sailing & Rowing Classes 6,716 6,716 639 Mercury Nationals 134 134 2,099 Downeast Race Week 13,328 13,328 Trophies & Prizes 293 293 2,180 Teas & Lunches 1,044 1,044 1,403 Dues & Fees 508 129 637 395 Cost of Merchandise Sold 1,030 1,030 432 Housing 1,594 1,594 5,411 Bad Debts 1,810 Miscellaneous Expense 1,436 1,436 239 Total Expenses 181,166 129 181,295 160,041 Gain Before Depreciation 7,284 1,604 23 8,911 826 HM Y See accompanying note. HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS . ELLSWORTH, MAINE 04605 Unrestricted Board Designated James G. Burton Ducey Gray Fixed 1997 1996 Operating Memorial Memorial Assets Totals Totals Gain Before Depreciation 7,284 1,604 23 8,911 826 Depreciation of Plant & Equipment 15,861 15,861 15,822 Excess (Deficiency) of Revenue Over Expenses for the Year 7,284 1,604 23 (15,861) (6,950) (14,996) Assessments for Capital Improvements Capital Contributions 18,841 18,841 36,501 Capital Contributions - Milliken Parking 250 250 2,750 Capital Contributions - Mahaney Sailing 2,255 Increase (Decrease) in Market Value of Securities Held for Investment 281 281 (235) Increase in Carrying Value of Clifton Dock Corp. 7,414 7,414 6,153 Change in Net Assets 33,789 1,885 23 (15,861) 19,836 32,428 Net Assets as of Beginning of Year 184,498 31,754 894 110,529 327,675 295,246 Transfers (17,712) 17,712 Net Assets as of End of Year 200,575 33,639 917 112,380 347,511 327,674 See accompanying note. HM HORTON, McFARLAND & VEYSEY . CERTIFIED PUBLIC ACCOUNTANTS . ELLSWORTH, MAINE 04605 2 Unrestricted Board Designated James G. Burton Ducey Gray Fixed 1997 1996 Operating Memorial Memorial Assets Totals Totals Cash Flow from Operating Activities: Net Operating Gain (Loss) for the Year 33,789 1,885 23 (15,861) 19,836 32,428 Adjustments to Reconcile Change in Net Cash Provided by Operating Activities: Unrealized (Gains) \Losses on Investments (7,414) (281) (7,695) (5,918) Depreciation 15,861 15,861 15,822 (Increase) Decrease in: Accounts Receivable 7,229 7,229 1,344 Inventory (1,828) (1,828) 418 Prepaid Expenses (7,666) (7,666) 11,092 Increase (Decrease) in: Accrued Payroll (1,000) Accrued Payroll Taxes (117) Accrued Income Taxes 173 173 6 Total Adjustments (9,506) (281) 15,861 6,074 21,647 Net Cash Provided by Operating Activities 24,283 1,604 23 25,910 54,075 Cash Flow from Investing Activities: Purchase of Boats & Motors (10,574) (10,574) (12,980) Purchase of Floats (6,438) (6,438) Purchase of Equipment (700) (700) Purchase of Securities (1,604) (1,604) (1,579) Net Cash (Used) in Investing Activities (17,712) (1,604) (19,316) (14,559) Net Increase in Cash 6,571 23 6,594 39,516 Cash at Beginning of Year 53,899 23,747 894 78,540 39,024 Cash at End of Year 60,470 23,747 917 85,134 78,540 Supplemental Disclosures: Income Taxes Paid 272 272 266 See accompanying note. MY HM HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS . ELLSWORTH, MAINE 04605 THE NORTHEAST HARBOR FLEET NOTE TO FINANCIAL STATEMENTS SEPTEMBER 30, 1997 Note 1 - Significant Accounting Policies Nature of Activities The purpose of The Northeast Harbor Fleet is to provide sailing instructions, racing & cruising activities serving 404 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. 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, 1996. 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 life expectancy of 5 years or more. HM HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 21 THE NORTHEAST HARBOR FLEET NOTE TO FINANCIAL STATEMENTS SEPTEMBER 30, 1997 Note 1 - Significant Accounting Policies (Continued) Plant Assets and Depreciation (Continued) Accumulated Cost Rate Depreciation Land 6,342 Land Improvements 54,433 5 20% 27,805 Building, Pier and Improvements 105,117 2.5 - 4 75,228 Boats & Motors 119,817 5 - 20 87,194 Floats & Ramps 58,660 5 20 46,744 Fixtures & Equipment 28,086 5 20 23,851 Computer 2,200 5 1,540 Racing Markers 4,399 20 4,311 379,054 266,673 Investment - 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 $8,500 for it. Clifton's book value was reported at $90,389 at September 30, 1997. Investment - Memorial Fund Investments in the James G. Ducey Memorial Fund are stated at fair value and consist of Mutual Funds. Fair Unrealized Cost Value Depreciation Unrestricted - Board Designated 33,779 33,639 (140) Investments are composed of the following: Mutual Funds 8,428 8,288 (140) Dreyfus Govt Cash Mgnt 25,351 25,351 Balance at September 30, 1997 33,779 33,639 (140) Balance at October 1, 1996 33,779 33,358 (421) 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 $2,388 was taxable for 1997. HM HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 22 The Northeast Harbor Fleet Race Results 1997 Season CRUISING CLASS RACES MOUNT DESERT INVITATIONAL SERIES Sailed Sunday, July 6, 1997 Place Yacht Skipper Time 1 Gannet Robert Johnstone 2:11:33 2 Local Talent Thomas T. Brown 2:13:09 3 Eventyr Gordon Haaland 2:20:50 4 Baleira Constance B. Madeira 2:23:16 5 Whomper Alan Joseph 2:25:52 6 Lupine F. Benjamin MacKinnon 2:33:54 Second Race sailed Sunday, July 20, 1997 1 Local Talent Thomas T. Brown 1:55:04 2 Havoc Scott F. Richardson 1:55:56 3 Baleira Constance B. Madeira 2:04:23 4 Eventyr Gordon Haaland 2:04:32 5 Leda William O. Anthorp 2:12:29 6 Lupine F. Benjamin MacKinnon 2:13:03 7 Jimmy 2:14:26 Third Race sailed Sunday, August 3, 1997 1 Baleira Constance B. Madeira 3:07:07 2 Eventyr Gordon Haaland 3:07:41 3 Lupine F. Benjamin MacKinnon 3:48:21 Fourth Race sailed Sunday, August 24, 1997 1 Lifting Skirts Thomas T. Brown 3:02:17 2 Pequot Bevin V. Cherot 3:02:24 3 Havoc Scott F. Richardson 3:05:20 4 Eventyr Gordon Haaland 3:08:11 5 Lupine F. Benjamin MacKinnon 3:20:08 6 Jimmy 3:39:30 7 Baleira Constance B. Madeira 3:44:45 8 Great White Story Litchfield 4:09:48 9 Heron 4:27:51 AUGUST CRUISE Sailed August 14, 15 & 16 1997 Place Yacht Skipper Adj. Points - CLASS A - 1 Altercation Win Fowler 6 2 Gannett Robert L Johnstone 10 3 Emotional Rescue Bruce Cassidy 12 23 - CLASS B - 1 Hawke Gordon C. Vineyard 2 CLASS C - 1. Elisabeth Wallace Tobin 4 2 Larkspur Bruce Smart 10 3 Lara Minturn V. Chace & 12 James A. Lash DOWNEAST RACE WEEK OVERALL - CLASS A-1 - 1 Gannett Robert L. Johnstone 2 Cybele David Rockefeller, Jr. & Richard M. Burns - CLASS A-2 - 1 Hawke Gordon C. Vineyard 2 Fling Henry Cabot - CLASS C - 1 Hou Qua Christopher N. Robinson 2 Lara Minturn V. Chace & James A. Lash ONE-DESIGN RACES JULY 4TH SERIES International One-Design Class Place Yacht Skipper Adj. Points 1 Satin Doll Sidney Roberts Rockefeller 4 2 Tundra David Rockefeller, Jr 6 2 Auriga Henry Brauer 7 4 Jack Rabbit John C. Henry 9 5 Acontia Allessandro Vitelli 12 6 Runner 16 7 Darkstar John H. J. Guth 17 8 Sun-Li Arthur G. Gilkes 18 8 Woodie John T. Roberts 18 9 Live Yankee Thomas P. Fremont-Smith 20 10 Puff Stephen B. Homer 21 JULY SERIES International One-Design Class Place Yacht Skipper Adj. Points 1 Hard Rain Sam Cocks & Rick Bisgyer 14 2 Darkstar John H. J. Guth 21 3 Acontia Allessandro Vitelli 27 4 Satin Doll Sidney Roberts Rockefeller 33 5 Auriga Henry Brauer 34 6 Chibiabos Minturn V. Chace 45 7 Woodie John T. Roberts 48 24 7 Puff Stephen B. Homer 48 9 Cygnet Christopher Hutchins 50 10 Shun-Li Arthur G. Gilkes 58 11 Humlin Frederick Towers 65 12 Magic Bus Richard W. Homer 67 13 Hannah Dan Burt 70 14 Earl James Garnett 73 15 Tundra David Rockefeller, Jr. 78 16 Jack Rabbit John C. Henry 80 17 Allegro Prentice Strong & Philip Fuller 82 18 Live Yankee Thomas P. Fremont-Smith 93 Mercury Class 1 Bandit Gardner Loring 9 2 Resolute Sarah Coffin 11 3 Magic Victoria Rutherford 19 4 Pirate Haack/Smith 33 5 Edward Stewart Meredith Reece 34 6 Columbia Peter Horneffer 47 7 Mischief Theo Cusik 47 6 Norumbega Ellie Parker 49 J-24 Class 1 Local Talent Thomas T. Brown 6 2 Havoc Scott Richardson 8 3 Whomper Alan Joseph 11 J-22 Class 1 Siren Richard C. Habermann 3 AUGUST SERIES International One-Design Class Place Yacht . Skipper Adj. Points 1 Tundra David Rockefeller, Jr. 6 2 Live Yankee Thomas P. Fremont-Smith 26 3 Auriga Harry R. Madeira 28 4 Humlen Frederick H. Towers 28 5 Satin Doll Sidney Roberts Rockefeller 29 6 Darkstar John H. J. Guth 34 7 Eagle T. Courtenay Jenkins 45 8 Hard Rain Sam Cocks & Rick Bisgyer 47 9 Mischief William F. Dowling 49 10 Puff Stephen B. Homer 55 10 Chibiabos Minturn V. Chace 55 12 Acontia Allessandro Vitelli 62 13 Cygnet Christopher Hutchins 71 14 Yakut Duane Iselin 80 15 Gambler John C. Henry 81 16 Earl James Garnett 83 17 Hannah Dan Burt 94 18 Woodie John T. Roberts 122 25 19 Shun-Li Arthur Gilkes 127 20 Magic Bus Richard W. Homer 135 21 Allegro Prentice Strong & Philip Fuller 140 LABOR DAY SERIES International One-Design Class Place Yacht Skipper Adj. Points 1 Hard Rain Sam Cocks & Rick Bisgyer 4 2 Puff Stephen B. Homer 9 3 Mischief William F. Dowling 9 4 Darkstar John H. J. Guth 9 5 Auriga William Smith 11 6 Tundra David Rockefeller, Jr. 12 7 Live Yankee Thomas T. Brown 13 8 Satin Doll Sidney Roberts Rockefeller 14 9 Chibiabos Missy Macneish 17 10 Acontia Alessandro Vitelli 21 11 Magic Bus Richard W. Homer 22 11 Earl James Garnett 22 13 Gambler John C. Henry 23 14 Woodie John T. Roberts & James A. Lash 25 15 Yakut Duane Iselin 30 16 Eagle T. Courtenay Jenkins, III 31 17 Hannah Dan Burt 35 17 Shun-Li Arthur Gilkes 35 J-24 Class Class Mercury Class 1 Ryan Brown & Melissa Butler 2 Sarah & Geordie Coffin 3 Meredith Reece & Kate Joseph SPECIALTY RACES GEORGE DAVENPORT HAYWARD CUP Place Yacht Skipper Class 1 Madcap Thomas T. Brown Mercury 2 Tundra David Rockefeller, Jr. IOD 3 Ryan Brown Mercury 4 Hard Rain Sam Cocks IOD 5 Satin Doll Sydney Roberts Rockefeller IOD 6 Darkstar Scott Redmon IOD 7 Mia Brown Mercury 8 Auriga Harry R. Madeira, Jr. IOD 9 T. Courtenay Jenkins IOD 10 Chibiabos Michael Smith & Andrew Joseph IOD 11 Paris Caldwell Mercury 12 Cygnet A. J. Longmaid IOD 13 Stockton Smith and Jane Gray Mercury 14 Yakut Duane Iselin IOD 26 15 Havoc Scott Richardson J-24 16 Woodie John T. Roberts IOD 17 Meredith Reece Mercury 18 Giovanna Michelson Mercury 19 Andy Pew A-boat 50 20 Harris and vanHeerden A-boat 29 21 Spirit Greg Bracken Luders 16 #6 22 Triad Alexander Goriansky Luders 16 #24 23 Manacea Terry Towne Luders 16 #23 23 Dunham Mercury 24 Sam Wheeler Mercury SEAMAN'S SINGLEHANDED RACE August 17, 1997 IOD John Roberts, Jr. Woodie TROLLPHY CUP October 11, 1997 1OD Minturn V. Chace Chibiabos 13 Start of the Trollphy Cup. (Photo by Pam Peabody) 27 JUNIOR PROGRAM AND SAILING RESULTS PEGGY KENNEDY MEMORIAL JUNIOR CHAMPIONSHIP Gardner Loring and Sam Gogolak FREDERIC C. TOWERS, JR. MEMORIAL SEAMANSHIP CONTEST Sam Gogolak and Alex Miller BARTON EDDISON RACE July 24, 1997 In IOD's 1 Auriga Sarah Coffin, Geordie Coffin, Gardner Loring, Amory Loring and Henry Brauer 2 Chibiabos Theo Cusick, Michael Bienkowski, Chubb Peabody and Mike Chace EFFIE DISSTON FRALEY AWARD FOR MOST IMPROVED SAILOR Victoria Rutherfurd CAPTAIN'S ROWING AWARD July - Lucas Millekin August - Noah Goldberg PARENT/CHILD RACES July 15, 1997 Adj. Points 1 Peter & Ned Horneffer 3 2 Ellie & Phoebe Andrews 4 3 Lisa & Gardner Loring 8 4 Ben & Fred Haack III 8 5 Henry, Ben, Molly & Elly Brauer 8 6 Mrs. Peter & Kate Horneffer 12 7 Doug & Katie Compton 13 8 Daniel, Michael & John Bienkowski 17 9 Morton & Victoria Rutherfurd 17 August 12, 1997 1 Rick & Eric Bisgyer 3 2 Glenn & Frank Darden 3 3 John & Rebecca Pomeroy 7 4 Christopher & Schuyler Reece 8 5 Morton & Victoria Rutherfurd 9 6 Timothy & William Chadwick 13 7 Jane Gilkes & Laura Ann Strassguetl 16 8 Arthur & John Gilkes 16 July Prizes Most Improved Sailor Beginner Class Emily Disston Intermediate Class Victoria Rutherfurd Optimist Class Lisa Caldwell Advanced Class Laura Sorensen Racing Class Steve Gogolak 28 Seamanship Prize Beginner Class Jamie Michelson Intermediate Class Eric Bisgyer Sportmanship Award Optimist Class Lily Caldwell Advanced Class Helen Grassi Racing Class Andrew Joseph Shipshape Award Beginner Class Eleony Moorhead Intermediate Class Michael Bienkowski Sailing Hours Prize Victoria and Morton Rutherfurd Theo Cusik Gardner Loring August Prizes Most Improved Sailor Beginner Class Emily Kehoe Intermediate Class Cara Barrett Advanced Class Eric Bisgyer Racing Class Meredith Reece Seamanship Prize Beginner Class Jack Pitney Intermediate Class Alex Miller Sportmanship Award Advanced Class Helen Grassi Shipshape Award Beginner Class Jamie Michelson Intermediate Class Will Madeira Sailing Hours Prize Meredith Reece Nell Gluckman 420 Series July Andrew and Sam Cocks 1997 Sears Cup Eliminations Representatives Ryan Brown and Andrew Joseph 29 BADGE AWARDS July Prizes Zephyr Sou'wester Squall Sydney T. Scott Remi Debat Michael Bienkowski Harry Wood Alex Miller Victoria Rutherfurd Lily Reece Phoebe Andrews Eric Bisgyer Jamie Michelson Colin Wibby Emily Andrews Molly Brauer Katie Compton Laura Sorenson Sebastian Leger Alex Smith Fritz Van derGrift Theo Cusik Bayard Wilson Ben Haack Doug Compton Sims Lansing Emily Disston August Prizes Zephyr Sou'wester Squall Tom Hardy Lara Dominguez-Rush Victoria Rutherfurd Gibson McCullagh Cassandra Dominguez-Rush Amy Rush Adam Wibby Frank Darden Hugh Malone Laura Ann Strassguetl Will Madeira Cabot Lyman Colin Wibby Philip Crain Evan Carlson Emily Kehoe Alex Miller Ann Rivers Jamie Michelson Luke Orthwein Cara Barrett Marina Rutherfurd Max Caldwell Will Daley Lily Reece 30 RESULTS OF PREVIOUS YEARS THE GEORGE DAVENPORT HAYWARD CUP RACE Year Boat Skipper Class 1926 Navajo Robert E.L. Johnson B Class 1927 Spindrift Frederic O. Spedden B Class 1928 Venture Malcolm N. Stanley B Class 1929 Br'er Rabbit David Rawle B Class 1930 Aquila W. Barton Eddison 30 Sq.M. 1931 Ace Dr. Henry D. Stebbins B Class 1932 Lark David Ames 30 Sq.M. 1933 Ace Dr. Henry D. Stebbins B Class 1934 White Rabbit John S. Stillman MDI Class 1935 Constance Crawford C. Madeira, Jr. A Class 1936 Aquila John R. Potter 30 Sq.M. 1937 Mecoh II Vance C. McCormick A Class 1938 Kit Kat Dr. William Earl Clark B Class 1939 Sizzle David S. Proctor Bullseye 1940 Whistler Mr. & Mrs. E. Farnham Butler A Class 1941 Acolus W.W. Frazier, 3rd A Class 1942 Nancy Miss Anne L. Grant 30 Sq.M. 1943 Ino Miss Elizabeth Madeira A Class 1944 Nevis Harry R. Neilson A Class 1945 Playboy Johnathan Churchill & Bullseye Norris W. Darrell 1946 Silver Spray Harry G. Haskell, Jr. IOD 1947 Hotspur Jonathan Churchill & Luders-16 Norris W. Darrell 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 McIlhenny Luders-16 1955 Nevis Benjamin R. Neilson A Class 1956 Trigla Dr. Michael Crofoot & Luders-16 Lodowick F. Crofoot, 3rd 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 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. J. Johnson, Jr.. FG Bullseye 31 THE GEORGE DAVENPORT HAYWARD CUP RACE (cont'd) Year Boat Skipper Class 1960 AMB Gary Madeira 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 J-24 & E.L. Barclay 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. vA. Welles Mercury 1997 Mad Cap Thomas T. Brown Mercury THE CHARLES D. DICKEY MEMORIAL AWARD 1977 Philip M. Caughey 1978 Mrs. Constance B. Madeira 1979 Polly McIlhenny 1980 Harry R. Maderia 1981 Harry R. Neilson, Jr. 1983 Jarvis Cromwell 1984 William J. Strawbridge 1985 Dr. Joseph L. Grant 1986 Harry G. Haskell, Jr. 1989 Alan McIlhenny 1992 Minot K. Milliken 1995 Dr. Wayne W. Wibby 32 LIST OF YACHTS Power Craft Name Owner 2B Peter Godfrey Abrazos George B. E. Hambleton Amber R. Anderson Pew Aries Lindsay Herkness Auriga Victor L. Drexel Bagpiper Bayard H. Roberts Bai Ji John H.V. Guth Belle Chere W. Thomas Sawyer Birch Barque Michael Dennis Chicken of the Sea Gerritt Lansing Chouette Burnham Litchfield Cinchona Mrs. Harry R. Neilson, Jr. DeVille John R. Lindsay Dixi Duane Islin Digit Elliot Cohen Duck Soup John Shea Flagon Kevit R. Cook Flair III Charles R. Tyson Flying Colors Stuart S. Janney III Framboise Peter P. Nitze Gambol Roger Milliken Grampy Gomes David Hibbs Donnan Half Shell James M. Clark, Jr. Harvest Moon David Rockefeller Irresistable Harry R. Madeira Hoppaborda Taylor Borda Jericho Mrs. Thomas S. Gates, Jr. Kingfish Fitzgerald S. Hudson Lapwing John W. Lapsley Legacy Harry R. Madeira Liberator Stuart B. Andrews Little Dipper John T. Roberts Lucy Edward McC. Blair Marcy John T. Roberts Marley Orton P. Jackson, Jr. Margaret II Peter Godfrey Morning Star Mrs. Jane S. Zirnkilton Night Hawk Robert L. Hinckley Peregrine II Paul L. Miller Preposterous Ronald S. Diana Seahawk Dr. Wayne W. Wibby Sealark Joseph J. Gazzola Sea Mouse Minturn V. Chace & Malcolm Peabody Spindle Gerrish H. Milliken, Jr. Stardust Frederic C. Towers Sun Song Curtis L. Blake 33 Power Craft (cont'd) No. Name Owner Takeover Stockton A. Andrews Tharn Penny J.S. Longmaid Thunder Dr. Wayne W. Wibby Toddler Thomas Reath, Jr. Waldron E. W. Tom Sawyer Whileaway Mrs. Thomas Hitchcock Wood Fat Amory S. Carhart, Jr. Sloops & Cutters Ardent Spirit Dr. Arthur Beiser 2386 Baleira Mrs. Constance B. Madeira & Miss Elizabeth Madeira Baloo Edward R. Dysart Chasse Charles L. Gagnebin III Corydon Percy Preston, Jr. Cressida Benjamin R. Neilson 32993 Cybele David Rockefeller, Jr. C-49 Daybreak Harry R. Madeira 33758 Dyser Edward R. Dysart Enfin Denholm Jacobs Eventyr Gordon Haaland Fermina Daza Alexander McCurdy III Firefly Patrick R. Wilmerding 32850 First Light James C. Pitney Fox William B. Morris 13194 Gaylark Dr. Kaighn Smith 1431 Great White Story Litchfield Guillemont Paul L. Miller 6333 Hawk Cornelius B. Waud Hieronymus Albert P. Neilson Kiva Henry P. Halsted Lifting Skirts Thomas T. Brown 2299 Lupine F. Benjamin MacKinnon Mary E. Anthony M. Zane Morning Star Sally & Dan Bienkowski 1760 Narcissus Lawrence L. Reeve Niliraga II Charles H. Erhart, Jr. 59007 Painted Lady Robert M. Bass Piper Daniel Pierce 7 Plowshares Elliot Cohen 11560 Quindaro David Hibbs Donnan Recess Robert F. McKown 666 Reindeer E. Newbold Smith Safari Charles P. Schutt, Jr. 1969 Sarusha Harry R. Neilson III & Silas W. M. Neilson Sialia James M. Clark, Jr. 61778 Skerry Frank B. Lawson, Jr. 40 Spring Moon David Rockefeller 34 Sloops & Cutters (cont'd) No. Name Owner Stuart Little Philip G. Bennett Summer Light Hamilton Robinson, Jr. Summer Song Penny J. S. Longmaid Tyee Charles D. Dickey Jr. VS21 VM6 Robert Brown Whisper Henry F. Harris Schooners, Yawls & Ketches 50016 Cahoots Guy C. Heckman Cythera Dr. Paul J. Vignos, Jr. Deux Belles John R. Robinson Estrellita Glen Wiggins Jester Dr. Robert W. Tilney, Jr. North Star Alan McIlhenny Norumbega Edward McC. Blair Restive George P. Denny III Rose Peter Godfrey Starlight Crompton Smith Volador Charles C. Butt International One Design Class 1 Firefly Charles C. Butt 2 Auriga Harry R. Madeira 3 Eagle T. Courtenay Jenkins, III Alison Schafer & Orton P. Jackson, Jr. 4 Silver Spray Harry G. Haskell, Jr. 5 Tundra David Rockefeller, Jr. 6 Dram Christiaan I. van Heerden 8 Hannah Dan Burt 9 Acontia Minot K. Milliken 10 Humlen Frederic C. Towers 11 Hard Rain Sam Cocks & Rick Bisgyer 12 Cygnet Christopher Hutchins 13 Darkstar John H. J. Guth 14 Satin Doll Sydney Roberts Rockefeller 15 Yakut Harry Darlington 16 Chibiabos Minturn V. Chace 18 Shun-Li Arthur G. Gilkes 19 Kevin D. Mahaney 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 Paul Fremont-Smith, Jr. 25 Puff Stephen B. Homer 27 Rampant Robert M. Bass 28 Earl James Garnett 29 Allegro Prentice Strong III & Phillip Fuller 35 Soling Class No. Name Owner 553 Velvet Hammer Susanne B. Hopkins J-24 Class 1162 Havoc Scott F. Richardson 1445 Whomper Alan Joseph 1451 Saraband David L. Hopkins III 2141 Excess Mia Thompson Brown 3002 Outrageous Janice A. Smith Murch 3145 Lazy Lightning William B. vA. Welles 3153 Xanadu Howard & Robert W. Lapsley 3154 High Rustler Melville T. Hodder 3156 Walkabout Thomas R. Elkins 4048 Blitz Dr. William Grace Contumacious Edward Dysart 4207 Local Talent Thomas T. Brown 4460 Caution James & Deborah Lash 4735 Spirito Gentil Richard B. Light & James McCabe 22304 Abenaki James L. Van Alen Family Loon II Henry T. Reath J-22 Class Hefty W. Tom Sawyer Siren Richard Haberman Demo Robert M. Brown 566 Loon Henry T. Reath 577 Polar Bear E. Newbold Smith Mercury Class 1 Eve Ryan 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 6 Quicksilver N.E. Harbor Fleet 7 Magic N.E. Harbor Fleet 8 Columbia N.E. Harbor Fleet 9 Pirate Frederick Haack 12 Resolute Sarah Coffin 13 Arcturus N.E. Harbor Fleet 14 Sappho N.E. Harbor Fleet 15 XV Alan McIlhenny 16 Bandit Robert Loring 22 Triton Algernon Reese 23 Mischief N.E. Harbor Fleet 24 Madcap Thomas T. Brown 28 Bat III Thomas Kennedy 36 Mercury Class (cont'd) No. Name Owner 326 Cowabunga Rodman E. Thompson, Jr. 496 Evermore William B. vA. Welles 758 Southerly Leon A. Allen, Jr.. 762 Asterix Jamie Michelson 1092 New Penny Shepard Harris 1116 Hasty Hart Sarah Kinney 1316 Swallow Frederick F. Dupree, Jr. Tern Sally & Dan Bienkowski A Class 50 Gull R. Anderson Pew Luders-16 Class 16 Chinquapin Jane S. Zirnkilton 24 Triad Alexander Y. Goriansky Bullseye Class 15 Pamplemousse Isabelle Storey 19 Tar Baby Meriwether W. Hudson Maia Elliot Cohen 728 The Owl Penny J. S. Longmaid La Poule Blanche Polly W. Guth 33 Ad Laura K. S. Welles & William B. vA. Welles Pleasant sailing in the MDI Series. (Photo by L. S. Walsh) 37 Pages 38-54, the List of Members, have been removed to protect personal information. Ryan Brown and Andrew Joseph finish a tack in the Sears Cup Elimination. (Photo by Jane Joseph) 55