The Northeast Harbor Fleet Annual Report 1996 THE NORTHEAST HARBOR FLEET ANNUAL REPORT 1996 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 1996 Race Results & Awards 22 1996 Junior Race Results & Awards 27 List of Watercraft 31 List of Members 36 1 Burgee, The Northeast Harbor Fleet DEDICATION This yearbook is respectfully dedicated to the memory of Lewis Kagel Cherot, sailor, instructor and friend. 2 THE NORTHEAST HARBOR FLEET 1996 OFFICERS (ELECTED TO SERVE A ONE YEAR TERM COMMENCING OCTOBER 1, 1995) COMMODORE - MINTURN V. CHACE VICE COMMODORE - JAMES A. LASH REAR COMMODORE - DAVID ROCKEFELLER, JR. CLERK - CHRISTIAAN I. van HEERDEN TREASURER - CHRISTOPHER HUTCHINS 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 ROBERT BROWN - MEMBER JR. SAILING COMMITTEE PATRICIA R. GILBERT - EXECUTIVE SECRETARY ALAN McILHENNY, JR. - N.S.A. REPRESENTATIVE ALESSANDRO VITELLI - WATERCRAFT COMMITTEE FLEET CHAPLAIN REV. PAUL E. GILBERT 3 RACE COMMITTEE JOHN T. ROBERTS, CHAIR HENRY BRAUER BURNHAM LITCHFIELD THOMAS T. BROWN HARRY R. MADEIRA, JR. GAIL F. COOK MARLA MAJOR JOHN C. HENRY, JR. THOMAS R. TAKESIAN RICHARD W. HOMER PRENTICE STRONG III STEPHEN B. HOMER LAURA K.S. WELLES ALAN JOSEPH WAYNE W. WIBBY JOCK KOHLAS JUNIOR SAILING COMMITTEE PATRICIA R. GILBERT, CHAIR ELLIE ANDREWS LISA PITNEY ROBERT BROWN ALAN McILHENNY, JR. LINCOLN P. LYMAN GIOVANNA MICHELSON NOMINATING COMMITTEE ALAN McILHENNY, JR., CHAIRMAN GAIL F. COOK JOHN T. ROBERTS GUY T. HECKMAN 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 1996 FLEET STAFF EXECUTIVE SECRETARY - PATRICIA R. GILBERT ADMINISTRATIVE MANAGER - KATHLEEN B. SLACK ASSISTANT TREASURER - KATHLEEN L. GRAVES SUPERVISOR OF FLEET PROPERTIES - ROY HADLOCK 4 1996 SUMMER STAFF RACING MASTER - MATTHEW EVANS SAILING MASTER - LAURA K.S. WELLES ROWING MASTER - JULY, ASHLEY W.F. LIGHT ROWING MASTER - AUGUST, TACY M. CONNELL LAUNCH CAPTAIN - WALLACE POOLER SAILING ROWING LAUNCH INSTRUCTORS INSTRUCTORS DRIVERS James Funk Eliza Bell Sam Cocks Andrew Humphrey Melissa Butler Stephen Gogolak Bradley C. Madeira Allen-Clare Elkins Joshua L. Madeira Kate Elkins Margo Hoppin JUNIOR INSTRUCTORS Georgia Howland Lance Davis Story Parker Sam Cocks Dylan Sage Stephen Gogolak Lindsey Wheat Amory Loring THE COMMODORE'S REPORT The S.S. Northeast Harbor Fleet has completed yet another two year voyage, and in true nautical fashion she will soon set sail with a new Captain. Thus, it is up to her current Captain to reflect on the voyage and summarize the past two years. First, I would like to thank the crew. Vice Commodore Jim Lash and Rear Commodore David Rockefeller, Jr. provided continuous backup and support. Our treasurer Chris Hutchins, completes an extraordinary seven years in the purser's office. On the Executive Committee with these gentlemen were Bob Brown who is on the Junior Sailing Committee, Buildings & Grounds Chair Gail Cook, House Committee Chair Mimi Heckman, John Kelly Counsel, Alan Mcllhenny, Jr. N:S.A. Representative, Race Committee Chair John Roberts, Chris van Heerden Clerk, and Sandro Vitelli Head of the Watercraft Committee. We could not have asked for a better lot. Our permanent staff of Assistant Treasurer Kay Graves, Administrative Manager Kathleen Slack, and Properties Manager Roy Hadlock, however, are the ones who really kept the ship afloat. As Cruise Director, Pat Gilbert became an indispensible provider of enjoyment to all. What a great pleasure it was that we were lucky enough to have her for two years! How much she will be missed! In Race Management, Matt Evans set some of the finest courses we have ever seen in these parts, and doubled the size of the Junior Racing Program. And Laura Welles ran a superb program for the Beginners and Intermediates. Following five years of intensive planning and re-working, the Junior Sailing Program under the leadership of these two reached new heights. As a measure of its success, this year we finished third in the Sears Cup eliminations, and won the Seal Harbor Regatta, and the Southwest Harbor Regattas. Further, our own Sam Cocks finished fourth overall and first in the Junior division in the Mercury National Championships. It was an impressive record. We were fortunate to have Ashley Light as Rowing Master in July and Tacy Connell came back as August Rowing Master, and Wallace Pooler did an extra- ordinary job as Launch Captain. In the Cruising Class we had an impressive Down East Race Week with 14 boats competing. The MDI Series now draws six to eight boats in each of the four races. This compares to three years ago when there were three boats on the August Cruise and all other events were cancelled for lack of interest. In the IOD class, up to 18 boats raced this year, down slightly because three of our best sailors were taking a year off. In the J-24 Class we held a successful State Championship Regatta; although the J-22 class is struggling, it competes fierce- ly every Saturday. This was a Mercury year. Following up on the ideas and hard work of Class Captain Toby Elliman and Bob Brown, we held the first National Championship in several years. The Regatta drew 27 boats. Sparked by this interest, up to eight Mercuries raced in the July Series and four in August. Two years ago, no boats qualified in either July or August. Thus, we are bringing the Mercuries back. We also held our first Optimist Regatta with over 20 competitors coming from as far away as Camden. 6 At the very end of the summer we heard the news that Charles Butt on Volador had won an impressive victory in the New York Yacht Club Cruise, and our own Northeast Harbor crews retrieved the Red Gauntlet challenge trophy by winning an impressive three out of three team races against Kollegwidgwok. On the social front, the opening picnic is now an established tradition with over 150 members attending. As with last year, we held two Fleet Nights, one to honor the Mercury Class, and another to listen to David Rockefeller, Jr. It is significant that all four of these events have drawn over 100 members and guests each. No voyage can be successful without the passengers and we, the crew, have a lot to thank you for. You have contributed over $100,000 toward needed repairs and maintenance. We have a new parking lot, a new addition to the club house, a new tool shed, a rebuilt Captain's Shack, a new gangplank, and over $50,000 has been spent on the boats. Under the leadership of Sandro Vitelli and Bob Brown, the Mercuries are completely re-rigged and have new sails. We have added a new whaler, repaired all the rest of them and spent close to $15,000 upgrading the Shearwater. Are we better off? Yes! However, the real stars are you the membership for making it possible. At the annual meeting, I asked the Officers and Staff to join me in giving you the round of applause you SO richly deserve. Thus, I turn over the Con to my successor with the confidence that he gets a ship shape vessel. I have the greatest respect for Jim. I know he will do a good job. Please join me in wishing him well. I hand over the keys with a salute and the time honored Navy phrase, "I stand relieved, Sir." With warm best regards and wishes for fair winds and following seas. Minturn V. Chace Commodore Hayward Cup winner Will Welles and his crew Peter Welles 7 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 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 8 John F. Ducey, Jr. 1965 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 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. Ill 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 9 Burton C. Gray 1985-1987 Sydney Roberts Rockefeller 1988 Stephen B. Homer 1989 Alan McIlhenny, Jr. 1991 Thomas R. Elkins 1993-1994 David Rockefeller, Jr. 1995-1996 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 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. 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 S. Brown 1988-1989 Andrew W. Stephenson 1990-1992 John G. Torgerson 1993 William J. Hooper. 1994 Patricia R. Gilbert 1995-1996 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 mem- bership 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 for- mer member in good standing* may re-activate a lapsed membership by appli- cation 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 mem- bership 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 noti- fying 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 elect- ed 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 11 Family Member of the Fleet. 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 eligi- ble 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 avail- able 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 mem- ber 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 cur- rently owed may resign upon written notice given to the Treasurer. Upon ter- mination 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. SECTION 5. A member may be expelled by majority vote of the Executive 12 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 poli- cies, 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 there- by, 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 what- ever 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 mem- bers 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. Commodore Chace presents the trophy to Sam Cocks, Mercury Junior National Champion 15 HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS Y P.O. BOX 543 ELLSWORTH, MAINE 04605 207-667-5529 1-800-499-9108 FAX: 207-667-9915 Independent Auditor's Report December 12, 1996 To the Executive Committee of The Northeast Harbor Fleet Northeast Harbor, Maine We have audited the accompanying statement of assets, liabilities, and fund balances of the Northeast Harbor Fleet as of September 30, 1996 and 1995, and the related statements of revenue, expenses, and changes in fund balances 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, 1996 and 1995, and the results of its operations and its cash flows for the years then ended in conformity with generally accepted accounting principles. Horton, McFarlanda Yepry -1- M.R. HORTON, JR., CPA JAMES E. McFARLAND, CPA FLOYD S. VEYSEY, CPA 16 THE NORTHEAST HARBOR FLEET Exhibit A STATEMENT OF ASSETS, LIABILITIES AND FUND BALANCES AT SEPTEMBER 30, Assets 1996 1995 Current Assets: Cash 78,540 39,024 Accounts Receivable 16,833 18,177 Inventory 1,228 1,646 Unexpired Insurance 1,263 12,355 Prepaid Fees 4,824 4,824 Total Current Assets 102,688 76,026 Investment in Clifton Dock Corp. 82,975 76,822 Plant & Equipment: Land 6,342 6,342 Land Improvements 54,433 54,433 Headquarters Building & Pier 77,374 77,374 Building Improvements 27,743 27,743 Boats & Motors 113,089 103,109 Floats & Ramps and Moorings 52,222 52,222 Fixtures & Equipment 33,984 33,984 Total 365,187 355,207 Less: Accumulated Depreciation 254,658 241,836 Net Plant & Equipment 110,529 113,371 Total Operating Fund Assets 296,192 266,219 James G. Ducey Memorial Fund Investments: Cash Equivalents 23,747 22,168 Mutual Funds 8,428 8,428 Deduct: Decrease in Market Value (421) (186) Total Memorial Fund Assets 31,754 30,410 Total Assets 327,946 296,629 Liabilities and Fund Balances Current Liabilities: Accrued Payroll 1,000 Accrued Payroll Taxes 117 Accrued Income Taxes 272 266 Total Current Liabilities 272 1,383 Operating Fund Balance 295,921 264,837 James G. Ducey Memorial Fund Balances 31,753 30,409 Total Liabilities & Fund Balances 327,946 296,629 See accompanying note. -2- HM HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 17 THE NORTHEAST HARBOR FLEET Exhibit B STATEMENT OF REVENUES, EXPENSES AND CHANGE IN FUND BALANCES Page 1 of 2 FOR THE YEARS ENDED SEPTEMBER 30, 1996 James G. Ducey 1995 Operating Memorial Totals Totals Revenue: Annual Dues 99,500 99,500 97,485 Cruise & Race Fees 471 471 640 Mercury Nationals 3,046 3,046 Sailing Instruction 33,609 33,609 29,960 Rowing Instruction 9,730 9,730 8,435 Dock Charges 1,890 1,890 1,610 Boat Charter 105 105 390 Interest 806 1,704 2,510 2,476 Merchandise Sales 480 480 1,434 Fleet Tea 826 826 918 Sale of Assets 1,500 1,500 Miscellaneous 200 200 103 Contract Services 7,000 7,000 5,000 Total Income 159,163 1,704 160,867 148,451 Expenses: Salaries 76,180 76,180 74,247 Employees' Benefits 4,047 4,047 3,964 Taxes 13,464 13,464 13,211 Office Supplies & Expenses 1,191 1,191 446 Printing 4,493 4,493 4,835 Postage 1,424 1,424 1,101 Telephone 2,013 2,013 2,058 Utilities 382 382 618 Insurance 13,001 13,001 14,774 Bank Charges & Auditing 1,991 1,991 1,866 Gas & Oil 2,016 2,016 2,625 Repairs & Maintenance - Plant 4,121 4,121 4,174 Repairs & Maintenance - Boats 17,957 17,957 16,472 Repairs & Maintenance - Parking Lot 2,259 2,259 Staff Uniforms 894 894 1,329 Sailing & Rowing Classes 639 639 1,839 Mercury Nationals 2,099 2,099 Trophies & Prizes 2,180 2,180 1,818 Teas & Lunches 1,403 1,403 1,662 Dues & Fees 270 125 395 489 Cost of Merchandise Sold 432 432 1,297 Housing 5,411 5,411 5,250 Bad Debts 1,810 1,810 4,015 Extraordinary - J22 4,500 Miscellaneous Expense 239 239 656 Total Expenses 159,916 125 160,041 163,246 Gain (Loss) Before Depreciation (753) 1,579 826 (14,795) See accompanying note. -3- HM HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 18 THE NORTHEAST HARBOR FLEET Exhibit B STATEMENT OF REVENUES, EXPENSES AND CHANGE IN FUND BALANCES Page 2 of 2 FOR THE YEARS ENDED SEPTEMBER 30, 1996 James G. Ducey 1995 Operating Memorial Totals Totals Gain (Loss) Before Depreciation (753) 1,579 826 (14,795) Depreciation of Plant & Equipment 15,822 15,822 13,315 Excess (Deficiency) of Revenue Over Expenses for the Year (16,575) 1,579 (14,996) (28,110) Assessments for Capital Improvements Capital Contributions 36,501 36,501 28,997 Capital Contributions - Putnam Building 20,300 Capital Contributions - Milliken Parking 2,750 2,750 32,240 Capital Contributions - Mahaney Sailing 2,255 2,255 14,100 Capital Contributions - Adopt Mercury 2,000 Increase (Decrease) in Market Value of Securities Held for Investment (235) (235) 621 Increase in Carrying Value of Clifton Dock Corp. 6,153 6,153 10,657 Net Increase for the Year 31,084 1,344 32,428 80,805 Fund Balances Beginning of Year 264,837 30,409 295,246 214,441 Fund Balances End of Year 295,921 31,753 327,674 295,246 See accompanying note. -4- HM HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 19 THE NORTHEAST HARBOR FLEET Exhibit C STATEMENT OF CHANGES IN CASH FLOWS FOR THE YEARS ENDED SEPTEMBER 30, 1996 Operating James G. 1995 Fund Ducey Totals Totals Cash Flow from Operating Activities: Net Operating Gain (Loss) for the Year (16,575) 1,579 (14,996) (28,110) Adjustments to Reconcile Net Operating Gain (Loss) To Net Cash Provided (Used) by Operating Activities: Depreciation 15,822 15,822 13,315 (Increase) Decrease in: Accounts Receivable 1,344 1,344 8,929 Inventory 418 418 1,297 Prepaid Expenses 11,092 11,092 86 Increase (Decrease) in: Accounts Payable (10,807) Accrued Payroll (1,000) (1,000) 1,000 Accrued Payroll Taxes (117) (117) 99 Accrued Income Taxes 6 6 266 Total Adjustments 27,565 27,565 14,185 Net Cash Provided (Used) by Operating Activities 10,990 1,579 12,569 (13,925) Cash Flow from Investing Activities: Land Improvements (31,328) Purchase of Boats & Motors (12,980) (12,980) (7,420) Purchase of Headquarters Bldg & Pier (23,097) Purchase of Floats (3,513) Purchase of Equipment (5,028) Purchase of Securities (1,579) (1,579) (1,521) Net Cash (Used) in Investing Activities (12,980) (1,579) (14,559) (71,907) Cash Flow from Contributions: Capital Contributions 41,506 41,506 97,637 41,506 41,506 97,637 Net Increase in Cash 39,516 39,516 11,805 Cash at Beginning of Year 39,024 39,024 27,219 Cash at End of Year 78,540 78,540 39,024 Supplemental Disclosures: Income Taxes Paid 266 266 126 See accompanying note. -5- Y HM HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 20 THE NORTHEAST HARBOR FLEET NOTE TO FINANCIAL STATEMENTS FOR THE YEARS ENDED SEPTEMBER 30, Note 1 - Significant Accounting Policies Nature of Activities The purpose of The Northeast Harbor Fleet is to provide sailing instructions, racing & cruising activities serving 379 members. Income Recognition The financial statements are presented on the accrual basis. 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. 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. Accumulated Cost Rate Depreciation Land 6,342 Land Improvements 54,433 5 20% 24,105 Building, Pier and Improvements 105,117 2.5 4 71,512 Boats & Motors 113,089 5 20 85,896 Floats & Ramps 52,221 5 20 44,939 Fixtures & Equipment 27,386 5 20 22,974 Computer 2,200 5 1,100 Racing Markers 4,399 20 4,132 365,187 254,658 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 for it. Clifton's book value was reported at $82,974 at September 30, 1996. Investment - Memorial Fund Investments in the James G. Ducey Memorial Fund had an aggregate cost and market value of $32,175 and $31,754 at September 30, 1996, and in accordance with Fleet policy are stated at market value. 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 $1,510 was taxable for 1996. -6- HM HORTON, McFARLAND & VEYSEY CERTIFIED PUBLIC ACCOUNTANTS ELLSWORTH, MAINE 04605 21 The Northeast Harbor Fleet Race Results 1996 Season CRUISING CLASS RACES MOUNT DESERT INVITATIONAL SERIES Sailed July 7, 1996 Place Yacht Skipper Time - CLASS A - 1 Gannett II Robert Johnstone 1:44:54 2 Lifting Skirts Thomas T. Brown 1:51:22 3 Skerry Frank Lawson 1:53:13 4 Reindeer E. Newbold Smith 1:54:37 5 Eventyr Gordon Haaland 2:06:43 - CLASS B - 1 Baleira Constance B. Madeira 1:54:09 2 Whomper II Alan Joseph 2:02:12 3 Lupine F. Benjamin MacKinnon 6:06:00 Second Race sailed Sunday, July 21, 1996 1 Lifting Skirts Thomas T. Brown 3:14:45 2 Lazy Lighting William B. vA. Welles 3:15:40 3 Baleira Constance B. Madeira 3:19:49 4 Whomper II Alan Joseph 3:22:43 5 Baloo Edward Dysart 3:26:34 6 Eventyr Gordon Haaland 3:41:53 7 Lupine F. Benjamin MacKinnon 3:49:34 Third Race sailed on Sunday, August 4, 1996 1 Lupine F. Benjamin MacKinnon 2:42:55 2 Eventyr Gordon Haaland 2:46:49 3 Deux Belles John Robinson 3:00:12 Fourth Race sailed on Sunday, August 25, 1996 1 Baleira Constance B. Madeira 2:38:07 2 Lifting Skirts Thomas T. Brown 2:42:23 3 Whomper II Alan Joseph 2:45:04 4 Baloo Edward Dysart 2:48:54 5 Lupine F. Benjamin MacKinnon 2:50:59 6 Minstrel Patrick Wilmerding 3:06:37 Overall for the Series First Place: Thomas T. Brown Lifting Skirts Second Place: Constance B. Madeira Baleira 22 AUGUST CRUISE Sailed August 16, 1996 Place Yacht Skipper Adj. Points - CLASS A - 1 Gannet II Robert Johnstone. .75 2 Merlin Mark Cluett 2.00 3 Cybele David Rockefeller, Jr. & 3.00 Richard M. Burnes 4 Minstrel Patrick R. Wilmerding 4.00 5 Eventyr Gordon Haaland 5.00 - CLASS B - 1 Cadence William Taylor .75 2 Ariana Jeffrey Becton 2.00 3 Tamanoa Ted McMillan 3.00 4 Cat's Paw Butch Minson 4.00 5 Fair Lead Dr. Joseph Grant 5.00 - CLASS C - 1 Larkspur Bruce Smart .75 2 Song Lines John Bell & Jill Wescott 2.00 3 Emily Janet Nicholson 3.00 ONE-DESIGN RACES JULY SERIES International One-Design Class Place Yacht Skipper Adj. Points 1 Auriga Henry Brauer 7.50 2 Mischief William F. Dowling 20.00 2 Live Yankee Thomas P. Fremont-Smith 20.00 4 Darkstar John H. J. Guth 28.00 5 Tundra David Rockefeller, Jr. 29.25 6 Woodie John T. Roberts 34.00 7 Puff Stephen B. Homer 36.00 8 Chibiabos Minturn V. Chace 37.00 9 Acontia Allessandro Vitelli 37.75 10 Firefly Charles C. Butt 40.00 11 Shun-Li Arthur G. Gilkes 49.00 12 Earl James Garrett 54.00 13 Allegro Phillip Fuller 61.00 14 Silver Spray Harry Haskell 66.00 15 Magic Bus Richard W. Homer 69.00 16 Dram Christiaan I. van Heerden 75.00 16 Hannah Dan Burt 75.00 18 Gambler John C. Henry 77.00 19 Eagle T. Courtney Jenkins III 83.00 19 Cygnet Christopher Hutchins 83.00 23 Mercury Class 1 Quicksilver Stockton C. Smith 9.75 2 Bandit Amory Loring 14.75 3 Freak Show Sam Cocks 17.50 4 Resolute Sarah Coffin 22.00 5 Mischief D. Trowbridge Elliman, III 24.00 6 Edward Stewart Toby Kaufman 25.00 6 Sam Gogolak 25.00 8 Eve Ryan Brown & Peter Jonas 26.00 9 Columbia Andrew Joseph 27.00 10 Sappho Peter Horneffer 28.75 11 Pirate Frederick Haack 29.00 AUGUST SERIES International One-Design Class Place Yacht Skipper Adj. Points 1 Tundra David Rockefeller, Jr. 5.75 2 Darkstar John H. J. Guth 22.75 3 Auriga Harry R. Madeira, Jr. 23.75 4 Earl James Garnett 30.00 4 Gambler John C. Henry 30.00 6 Acontia Allessandro Vitelli 36.75 7 Dram Christiaan I. van Heerden 38.00 8 Mischief William F. Dowling 41.00 9 Live Yankee Thomas P. Fremont-Smith 43.00 10 Allegro Philip Fuller 47.00 11 Puff Stephen B. Homer 48.00 12 Woodie John T. Roberts 53.00 12 Eagle T. Courtenay Jenkins, III 53.00 14 Chibiabos Minturn V. Chace 59.00 15 Firefly Charles C. Butt 61.00 16 Hannah Dan Burt 111.00 17 Silver Spray Harry Haskell & Malcolm E. Peabody 113.00 18 Magic Bus Richard W. Homer 122.00 19 Shun-Li Arthur Gilkes 132.00 J-24 Class 1 Lazy Lightning William B. vA. Welles 7.50 2 Whopper II Alan Joseph 12.75 3 Local Talent Thomas T. Brown 17.50 4 Ryan Brown 19.75 5 Saraband David 1. Hopkins III 21.00 6 Havoc Scott Richardson 26.00 6 Ballistic Ryan Donough 26.00 7 Tango Eric Glass o J-22 Class 1 577 E, Newbold Smith 2.75 2 7931 Richard C. Habermann 8.00 24 LABOR DAY SERIES International One-Design Class Place Yacht Skipper Adj. Points 1 Tundra David Rockefeller, Jr. 2.75 2 Darkstar John H. J. Guth 7.00 3 Auriga William Smith 7.75 4 Eagle T. Courtenay Jenkins III 9.00 5 Gambler John C. Henry 10.00 6 Firefly Missy McNeish 12.00 7 Live Yankee Thomas P. Fremont-Smith 14.00 8 Earl James Garnett 16.00 9 Acontia Allessandro Vitelli 19.00 9 Allegro Phillip Fuller 19.00 11 Mischief William F. Dowling 20.00 12 Chibiabos Minturn V. Chace 21.00 13 Puff Stephen B. Homer 26.00 14 Woodie John T. Roberts, Jr. 28.00 14 Hannah Dan Burt 28.00 J-24 Class Class 1 Lazy Lightning William B. vA. Welles 2.75 1 Whomper II Alan Joseph 2.75 3 Saraband David Hopkins 6.00 Mercury Class 1 J. Carter Brown 2.75 2 Meredith Reece 3.75 3 Janice Smith Murch 5.00 SPECIALTY RACES GEORGE DAVENPORT HAY WARD CUP Sailed on July 20, 1996 Place Yacht Skipper Class 1 Madcap William B. VA. Welles Mercury 2 Eve Mia Brown Mercury 3 Columbia Mark Kennedy Mercury 4 Sappho Constance B. Madeira Mercury 5 Merry Wind James Funk Mercury 6 Tundra David Rockefeller, Jr. IOD 7 Mischief Janice Smith Murch Mercury 8 Eagle T. Courtenay Jenkins III IOD 9 Live Yankee Thomas P, Fremont-Smith IOD 10 Chibiabos Minturn V. Chace IOD 11 Woodie John T. Roberts IOD 12 Auriga Harry R. Madeira, Jr. IOD 13 Dyser Edward R. Dysart J-24 14 Alondra Augustus Valenzuela-Tyson Mercury 15 Quicksilver Meredith Reece Mercury 16 Triad Alexander Y. Goriansky Luders-16 17 Siren Richard Habermann J-22 25 SEAMAN'S SINGLEHANDED RACE July 14, 1996 IOD William F. Dowling Mischief Mercury Peter Horneffer # 14 August 18, 1996 IOD William F. Dowling Mischief Mercury Sam Cocks #3 TROLLPHY CUP Barbara Meyers, Sydney Roberts Rockefeller, Toby Tobin Q Preparing for the Optimist Regatta 26 JUNIOR SAILING RESULTS PEGGY KENNEDY MEMORIAL JUNIOR CHAMPIONSHIP Ryan Brown and Peter Jonas FREDERIC C. TOWERS, JR. MEMORIAL SEAMANSHIP CONTEST Michael Bienkowski and Adam Wibby EFFIE DISSTON FRALEY AWARD FOR MOST IMPROVED SAILOR Max Caldwell CAPTAIN'S ROWING AWARD July - John Bienkowski August - Annie Madeira MERCURY NATIONAL CHAMPIONSHIPS Sam Cocks, Junior National Champion PARENT/CHILD RACES July 16, 1996 Adj. Points 1 Sarah Coffin and Henry Brauer 1.50 2 Ned and Peter Horneffer 6.00 2 Michael and Stockton Smith 6.00 4 Laura and Ellie Andrews 9.00 5 Gardiner Loring and Toby Kaufma 11.00 6 Alexandra and Fred Haack 14.00 7 Amory and Lisa Loring 15.00 8 Kate and Mrs. Horneffer 17.00 8 Andrews Team 17.00 10 Katie and Doug Compton 19.00 11 Kate and Alan Joseph 21.00 August 7, 1996 1 Max Caldwell and Janice Smith Murch 2.75 1 Michael and Stockton Smith 2.75 3 Kate Joseph and Dave Walker 8.00 3 Will and Bob Daly 8.00 5 Meredith Reece and Richard Cohen 10.00 5 Steve McGillicuddy and Ritter Jonas 12.00 7 Sam and Alex Wheeler 13.00 8 Augie Valenzuela-Tyson and Alec Valenzuela 14.00 27 RESULTS OF PREVIOUS YEARS THE GEORGE DAVENPORT HAY WARD CUP RACE Year Boat Skipper Class 1926 Navajo Robert E.L. Johnson B Class 1927 Spindrift Frederic O. Spedden Soling 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 28 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 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 29 THE KEVIN P. MAHANEY AWARD 1995 E. Newbold Smith 1996 David Rockefeller, Jr. US SAILING SPORTSMANSHIP AWARD 1995 Ann and Arthur Gilkes Shamrock pays the Junior program a visit 30 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 31 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 32850 First Light James C. Pitney Fox William B. Morris 13194 Gaylark Dr. Kaighn Smith 1431 Great White Dr. Wayne W. Wibby 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 Minstrel Patrick R. Wilmerding 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 Stuart Little Philip G. Bennett 32 Sloopers & Cutters (cont'd) No. Name Owner Summer Song Penny J.S. Longmaid Tyee Charles D. Dickey, Jr. VS21 VM6 Robert Brown Whisper Henry F. Harris Schooners, Yawls & Ketches 4790 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 33 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 34 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. 1092 New Penny Sheppard Harris 1116 Hasty Hart Sarah Kinney 1316 Swallow Frederick F. Dupree, Jr. A Class 24 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 Future champions in 420's 35 Pages 36-52, the List of Members, have been removed to protect personal information.