The Northeast Harbor Fleet Annual Report 1995 THE NORTHEAST HARBOR FLEET ANNUAL REPORT 1995 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 15 1995 Race Results & Awards 21 1995 Junior Race Results & Awards 26 List of Watercraft 29 List of Members 34 1 Burgee, The Northeast Harbor Fleet DEDICATION This Annual Report is dedicated to the sport of yachting as represented at the Fleet by Ann and Arthur Gilkes, Kevin P. Mahaney, E. Newbold Smith and Wayne W. Wibby. 2 FLEET CHAPLAIN Rev. Paul E. Gilbert RACE COMMITTEE John T. Roberts, Chairman Thomas R. Takesian Henry Brauer Richard W. Homer Burnham Litchfield Prentice Strong III Thomas T. Brown Stephen B. Homer Harry R. Madeira, Jr. Laura K. S. Welles Gail F. Cook Alan Joseph Marla Major Wayne W. Wibby John C. Henry, Jr. Jock Kolhas JUNIOR SAILING COMMITTEE Marion M. Gogolak, Chairwoman Patricia R. Gilbert Ellie Andrews Giovanna Michaelson Lisa Pitney Linclon Lyman Robert Brown Sydney Roberts Rockefeller Alan McIlhenny, Jr. Harry R. Madeira, Jr. NOMINATING COMMITTEE Alan McIlhenny, Jr., Chairman Gail F. Cook John T. Roberts Guy T. Heckman Sydney Roberts Rockefeller 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 1995 FLEET STAFF EXECUTIVE SECRETARY - Patricia R. Gilbert ADMINISTRATIVE MANAGER - Kathleen B. Slack ASSISTANT TREASURER - Kathleen L. Graves SUPERVISORS OF FLEET PROPERTIES - Dale & Roy Hadlock 1995 SUMMER STAFF ROWING MASTER - Tacy M. Connell RACING MASTER - Thomas A. Kennedy LAUNCH CAPTAIN - Jeffrey M Wallace SAILING MASTER - Laura K. S. Welles 4 SAILING INSTRUCTORS ROWING INSTRUCTORS Samuel Frederick Jake Blaine Heath R. Hudson Sam Cocks Bradley C. Madeira Kate Elkins Joshua L. Madeira Melissa Grassi Ashley W.F. Light JUNIOR INSTRUCTORS Amory Loring James Funk Story Parker Andrew Humphrey Dylan Sage Peter A. Welles, Jr. Alexandra Seherr-Thoss Jonathan Russell LAUNCH DRIVERS Sam Cocks James Funk Andrew Humphrey Jonathan Russell Sailing Instructors photo Tacy Connell THE COMMODORE'S REPORT Dear Fleet Member: Due to the hard work and diligent service of your Executive Committee and its predecessors, the Fleet experienced a renaissance this past summer. Shoreside - We were the beneficiaries of the generosity of George Putnam and Roger Milliken. Thanks to them we have the Barbara Weld Putnam room at the Fleethouse and a new parking lot. Thanks to the efforts of Gail Cook as Chairwoman of the Buildings and Grounds Committee, and the on-going efforts of Harry Madeira, both additions were ready by last July. Watercraft - Many improvements were made to the 30 watercraft owned by the Fleet. We refurbished the Shearwater and acquired another whaler. Following the suggestion of Mazzie Gogolak the Executive Committee position of Watercraft Manager was created and by summer's end Sandro Vitelli had been elected to it. We also enacted the "Adopt a Mercury" program at Mazzie's suggestion and three Fleet Mercuries were "adopted." Capital Contributions - The membership made major contributions to bring the watercraft in shape. These initiatives are continuing through the winter of 1996. If our $25,000 capital campaign for this year is successful, we will see ten refurbished Mercuries on the line, with new sails in time for the Mercury National Championships in July. At Sea - The cruising class enjoyed a rebirth with a four-race MDI Series and the new Down East Race Week. In the IOD class we held the first annual team race with the Kolledgewidgwok Yacht Club. The J-24's held their Regional Invitational Regatta. And the Mercury Class under the aegis of NESA represen- tative Alan McIlhenny, Jr. put on the successful NESA Midget Championships. All this was in addition to our normal busy summer schedule. Junior Sailing - 1995 was the culmination of a five year effort to upgrade and organize the Junior Sailing Program. The Jr. Sailing Committee whose names are listed on the previous page, were seasoned veterans. The program itself went superbly and was a credit to their efforts. Staff - Patricia Gilbert, our new Executive Secretary, proved an invaluable addi- tion to veterans Kathleen Slack, Administrative Manager and Kathleen Graves, Assistant Treasurer. Neither I nor the Fleet could have been run without them. Dale Hadlock, Supervisor of Fleet Properties and Win Fletcher, Manager of Clifton Dock both retired last summer. Their decades of service will be sorely missed. However, we are lucky in that they have been ably replaced by Roy Hadlock (Dale's son) and Kathleen Graves, respectively. The summer staff head- ed by Tom Kennedy, Racing Master; Laura Welles, Sailing Master; Tacy Connell as Rowing Master, and Jeff Wallace as Launch Captain provided exceptional ser- vice to the membership and to the children who were entrusted to their care. Other activities - The Fleet honored two of its outstanding sailors, Kevin Mahaney and Newbold Smith at Fleet Nights. The Fleet nights were quite suc- cessful and will be repeated in 1996. The first will be in honor of the competi- tors in the Mercury National Championships in July and the second occurs in late August when David Rockefeller, Jr. will show us slides of his Sail Turkey expedition. 6 The Membership - An unusual number of member yachtsmen and sailors left these shores for better ones in 1995. Their passing was noted and they will be missed. Otherwise the membership was stable. The Flag Officers and staff were pleased at the level of their interest and participation in our activities. Summary - The Fleet's mission is to promote yachting as an amateur sport in Northeast Harbor and its vicinity. That mission was accomplished in 1995. It is surprising how much work goes into the process. As you read the names on these and the following pages you will note that many are singled out for recog- nition. For every name mentioned, there are others who are not. I ask you to join me in thanking them all for giving us such a good time. With best wishes for fair winds and following seas. Minturn V. Chace, Commodore Rowing Class photo Tacy Connell 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. Malcom 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 John B. Reece 1966-1970 Harry R. Madeira 1971-1975, 1981-1983 Redmond C.S. Finney 1976 8 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 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 1940-1941 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 Mcllhenny 1971 Dr. Joseph L. Grant 1972 S. Whitney Dickey 1973-1974 Redmond C.S. Finney 1975 Dr. Wayne W. Wibby 1976 Rufus McQ. G. Williams 1977-1980 Minturn V. Chace 1981-1983, 1992 Charles D. Dickey, Jr. 1984 Burton C. Gray 1985-1987 Sydney Roberts Rockefeller 1988 Stephen B. Homer 1989 Alan McIlhenny, Jr. 1991 Thomas R. Elkins 1993-1994 David Rockefeller, Jr. 1995 9 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 Christpher Hutchins 1992-1995 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 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 addition- al 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 that 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 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- 11 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 that 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 enti- tled 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 member 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 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. 12 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. 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 mem- bers shall be without vote. The elected members shall be nominated and elect- ed 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. 13 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 nom- inate 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. 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 mem- bers 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. 14 HORTON, MCFARLAND & VEYSEY H CERTIFIED PUBLIC ACCOUNTANTS P.O. BOX 543 ELLSWORTH, MAINE 04605 207-667-5529 1-800-499-9108 FAX 207-667-9915 Independent Auditor's Report December 19, 1995 To the Executive Committee The Northeast Harbor Fleet Northeast Harbor, Maine 04662 We have audited the accompanying statement of assets, liabilities, and fund balances of the Northeast Harbor Fleet as of September 30, 1995 and 1994, 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 the 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 audit 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 the 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, 1995 and 1994, and the results of its operations and its cash flows for the years then ended in conformity with generally accepted accounting principles. Horton, McFarlands Versey Horton, McFarland & Veysey M.R. HORTON, JR., CPA JAMES E. McFARLAND, CPA FLOYD S. VEYSEY, CPA 15 THE NORTHEAST HARBOR FLEET Exhibit A STATEMENT OF ASSETS, LIABILITIES AND FUND BALANCES AT SEPTEMBER 30, Assets 1995 1994 Current Assets: Cash 39,024 27,219 Accounts Receivable 18,177 27,106 Inventory 1,646 2,943 Unexpired Insurance 12,355 12,441 Prepaid Fees 4,824 4,824 Total Current Assets 76,026 74,533 Investment in Clifton Dock Corporation 76,822 66,165 Plant & Equipment: 6,342 6,342 Land 54,433 32,105 Land Improvements 77,374 54,277 Headquarters Building & Pier 27,743 27,743 Building Improvements 103,109 95,689 Boats & Motors 52,222 50,875 Floats, Ramps & Morrings 33,984 .28,956 Fixtures & Equipment Total 355,207 286,987 Less: Accumulated Depreciation 241,836 230,685 Net Plant & Equipment 113,371 56,302 Total Operating Fund Assets 266.219 197,000 James G. Ducey Memorial Fund Investments Cash Equivalents 22,186 20,646 Mutual Funds 8,428 8,428 Deduct: Decrease in Market Value (186) (808) Total Memorial Fund Assets 30,410 28,266 Total Assets 296,629 225,266 Liabilities and Fund Balances 1995 1994 Current Liabilities: Accounts Payable-Trade 10,807 Accrued Payroll 1,000 Accrued Payroll Taxes 117 18 Accrued Income Taxes 266 Total Current Liabilities 1,383 10,825 Operating Fund Balance 264,837 186,174 James G. Ducey Memorial Fund Balance 30,409 28,267 Total Liabilities & Fund Balances 296,629 225,266 16 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, 1995 James G. Ducey Operating Memorial Totals 1994 Totals Revenue: Annual Dues 97,485 97,485 105,995 Cruise Fees 590 590 340 Rock Race Fee 50 50 30 Sailing Instruction 29,960 29,960 26,947 Rowing Instruction 8,435 8,435 11,105 Dock Charges 1,610 1,610 2,070 Boat Charter 390 390 317 Interest 841 1,635 2,476 1,582 Merchandise Sales 1,434 1,434 1,236 Fleet Tea 918 918 399 Long Term Capital Gain 118 Miscellaneous 103 103 207 Contract Services 5,000 5,000 5,000 Total Income 146,816 1,635 148,451 155,346 Expenses: Salaries 74,247 74,247 69,416 Employee Benefits 3,964 3,964 3,312 Contract Services 1,700 Taxes 13,211 13,211 12,165 Office Supplies & Expenses 446 446 1,586 Printing 4,835 4,835 4,074 Postage 1,101 1,101 733 Telephone 2,058 2,058 2,508 Utilities 618 618 559 Insurance 14,774 14,774 13,646 Bank Charge & Auditing 1,866 1,866 1,975 Interest 194 Gas & Oil 2,625 2,625 2,254 Repairs & Maintenance-Plant 4,174 4,174 3,896 Repairs & Maintenance-Boats 8,862 8,862 3,857 Boat Commissioning 7,610 7,610 7,545 Mooring Rentals 4,919 Staff Uniforms 1,329 1,329 1,152 Sailing & Rowing Classes 1,839 1,839 2,404 Cruise Expense 86 Throphies & Prizes 1,818 1,818 2,681 Teas & Lunches 1,662 1,662 782 Dues & Fees 375 114 489 1,075 Cost of Merchandise Sold 1,297 1,297 1,124 Housing 5,250 5,250 6,000 Bad Debts 4,015 4,015 Extraordinary-Contribution 2,250 Extraordinary-J22 4,500 4,500 Miscellaneous Expense 656 656 1,276 Total Expenses 163,132 114 163,246 153,169 Gain (Loss) Before Depreciation (16,316) 1,521 (14,795) 2,177 17 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, 1995 James G. Ducey Operating Memorial Totals 1994 Totals Gain (Loss) Before Depreciation (16,316) 1,521 (14,795) 2,177 Depreciation of Plant & Equipment 13,315 13,315 10,605 Excess (Deficiency) of Revenue Over Expenses for the Year (29,631) 1,521 (28,110) (8,428) Assessments for Capital Improvements: Capital Contributions 28,997 28,997 10,289 Capital Contributions- Putnam Building 20,300 20,300 Capital Contributions- Milliken Parking 32,240 32,240 1,595 Capital Contributions- Mahaney Sailing 14,100 14,100 Capital Contributions- Adopt Mercury 2,000 2,000 Increase (Decrease) in Market Value of Securities Held for Investment 621 621 (1,230) Increase in Carrying Value of Clifton Dock Corporation 10,657 10,657 10,416 Net Increases for the Year 78,663 2,142 80,805 12,642 Fund Balances Beginning of Year 186,174 28,267 214,441 201,799 Fund Balances End of Year 264,837 30,409 295,246 214,441 18 THE NORTHEAST HARBOR FLEET Exhibit C STATEMENT OF CHANGES IN CASH FLOWS FOR THE YEARS ENDED SEPTEMBER 30, 1995 James G. Ducey Operating Memorial Totals 1994 Totals Cash flow from Operating Activites: Net Gain (Loss) for the Year (29,631) 1,521 (28,110) (8,428) Adjustments to Reconcile Net Operating Gain (Loss) to Net Cash Provided (Used) by Operating Activities: Depreciation 13,315 13,315 10,605 (Increase) Decrease in: Accounts Receivable 8,929 8,929 (19,664) Inventory 1,297 1,297 1,123 Prepaid Expenses 86 86 (663) (Decrease) Increase in: Accounts Payable (10,807) (10,807) 830 Accrued Payroll 1,000 1,000 Accrued Payroll Taxes 99 99 (1,968) Accrued Income Taxes 266 266 Accrued Sales Tax (9) Total Adjustments 14,185 1,521 14,185 (9,746) Net Cash Provided (Used) by Operating Activities (15,446) (13,925) (18,174) Cash Flow from Investing Activities: Land Improvements (31,328) (31,328) Purchase of Motors (7,420) (7,420) (6,272) Purchase of Headquarters Building & Pier (23,097) (23,097) Purchase of Floats (3,513) (3,513) Purchase of Equipment (5,028) (5,028) (2,594) Purchase of Securities (1,521) (1,521) (872) Net Cash Provided (Used) by Investing Activities (70,386) (1,521) (71,907) (9,738) Cash Flow from Contributions: Capital Contributions 97,637 97,637 11,884 97,637 97,637 11,884 Net Increase (Decrease) in Cash 11,805 11,805 (16,028) Cash at Beginning of Year 27,219 27,219 43,247 Cash at End of Year 39,024 39,024 27,219 Supplemental Disclosures: Interest Paid 194 Income Taxes Paid 126 231 19 THE NORTHEAST HARBOR FLEET NOTE TO FINANCIAL STATEMENTS SEPTEMBER 30, 1995 NOTE 1 - Significant Accounting Policies 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% 20,241 Building & Pier 77,374 2.5-4 43,935 Building Improvements 27,743 5-14 23,804 Boats & Motors 103,109 5-20 84,525 Floats & Ramps 52,221 5-20 42,979 Fixtures & Equipment 27,386 5-20 22,002 Computer 2,200 5 660 Racing Markers 4,399 20 3,690 355,207 241,836 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 $76,882 at September 30, 1995. Investment-Memorial Fund Investments in the James G. Ducey Memorial Fund had an aggregate cost and market value of $30,409 at September 30, 1995, 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 $1,425 was taxable for 1995. 20 The Northeast Harbor Fleet Race Results-1995 Season FOURTH OF JULY SERIES International One-Design Class Place Yacht Skipper Adj. Points 1 Tundra David Rockefeller, Jr. 9.75 2 Acontia Ted Cooper & Sandro Vitelli 10.75 3 Dark Star John H. J. Guth 11.75 4 Puff Stephen B. Homer 16.00 5 Chibiabos Minturn V. Chace 16.00 6 Woodie John T. Roberts 19.00 7 Jack Rabbit John C. Henry, Jr. 19.00 8 Satin Doll Cuyler Morris 22.00 9 Auriga Henry Brauer 25.00 10 Live Yankee Tom Fremont-Smith 28.00 11 Shun-Li Arthur G. Gilkes 30.00 12 Firefly Charles C. Butt 36.00 J-24 Class 1 Local Talent Thomas T. Brown 5.50 2 Havoc Scott F. Richardson 8.80 3 Whomper Alan Joseph 10.00 4 Lazy Lightning William Welles 10.75 5 #314 Ryan Donough N/S J-22 Class 1 Polar Bear E. Newbold Smith 1.50 2 Loon II Henry T. Reath 4.00 Mercury Class 1 Amory Loring 4.50 2 Ryan Brown 6.75 3 Sarah Coffin 9.00 4 Zach Jonas 9.00 SEAMAN'S SINGLEHANDED RACE July 9, 1995 IOD William F. Dowling Mischief Mercury Sarah Coffin August 8, 1995 IOD Prentice Strong III Allegro Mercury Sarah Coffin JULY SERIES International One-Design Class Place Yacht Skipper Adj. Points 1 Satin Doll Sydney Roberts Rockefeller 25.75 2 Puff Stephen B. Homer 26.25 3 Mischief William F. Dowling 34.00 4 Dram Christiaan I. van Heerden 37.00 5 Darkstar John H. J. Guth 39.00 6 Acontia Ted Cooper & Sandro Vitelli 39.75 7 Magic Bus Richard W. Homer 50.00 8 Live Yankee Tom Fremont-Smith 50.00 9 Chibiabos Minturn V. Chace 50.00 10 Auriga Henry Brauer 50.75 11 Jack Rabbit John C. Henry, Jr. 58.75 21 JULY SERIES International One-Design Class (cont'd) Place Yacht Skipper Adj. Points 12 Woodie John T. Roberts 60.00 13 Shun-Li Arthur G. Gilkes 69.00 14 Firefly Charles C. Butt 73.00 15 Humlin Frederic C. Towers 81.00 16 Allegro Philip R. Fuller 85.75 17 Cygnet Tom Takesian 90.75 18 Earl James Garnet 108.00 19 Tundra David Rockefeller, Jr. 112.00 20 Silver Spray Harry G. Haskell, Jr. 116.00 21 Hannah Dan Burt 118.00 J-24 Class 1 Local Talent Thomas T. Brown 3.00 2 Havoc Scott F. Richardson 9.00 3 Whomper Alan Joseph 10.00 4 Lazy Lightning William Welles 11.75 5 Saraband David Hopkins III 22.00 6 #314 Ryan Donough N/S Mercury Class 1 Amory Loring & Stephen Gogolak 17.25 2 Ryan Brown & Peter Jonas 27.00 3 Gardner Loring & Sam Gogolak 38.75 4 Jamie Funk & Josh Madeira 39.75 5 Anne A. Mazlish 44.50 6 Andrew Joseph & Kate Joseph 52.00 7 Sarah Coffin & Sam Gogolak 52.00 8 Story Parker 52.00 GEORGE DAVENPORT HAY WARD CUP Sailed on August 23, 1995 Place Yacht Skipper Class 1 Phat Ryan Brown Mercury 2 851 Thomas T. Brown FG Bullseye 3 843 John C. Henry, Jr. Mercury 4 11 Jock Kohlhas IOD 5 16 Minturn V. Chace IOD 6 2 Harry R. Madeira, Jr. IOD 7 24 Tom Fremont-Smith IOD 8 9 Dan Burt IOD 9 14 Sydney Roberts Rockefeller IOD 10 2 Kate Joseph Mercury 11 23 William F. Dowling IOD 12 413 John Fernald Soling 13 1 Paul E. Gilbert IOD 14 - Bullseye 15 22 Grant Cooper Mercury 16 314 William Welles J-24 17 NE24 Alexander Y. Goriansky Luders-16 18 566 Frank Zirnkilton J-22 19 3002 Janice Smith Murch J-24 22 AUGUST CRUISE Sailed August 16 and 17, 1995 Place Yacht Skipper Adj. Points - CLASS A - 1 Cybele David Rockefeller, Jr. 3.75 2 Goodly Fere James Whitemore 4.75 3 Gannet Robert Johnstone 6.00 4 Tamanoa Ted McMillan 7.00 5 Minstrel Patrick R. Wilmerding 8.00 6 Matchless Bevin Cherot 12.00 - CLASS B - 1 Ariana Jeff & Henry Becton 1.50 2 Eventyr Gordon Haaland 4.00 3 Fair Lead Joseph. Grant 6.00 - CLASS C - 1 Rarefish Mark Cluett 1.50 MOUNT DESERT INVITATIONAL SERIES Sailed Sunday, July 16, 1995 Place Yacht Skipper Time - CLASS A - 1 Huisman 39 Frank Lawson 3:30:10 2 Gannet Robert Johnstone 3:43:02 3 Minstrel Patrick Wilmerding 3:44:15 4 Ariel Tom Rolfes 3:57:47 - CLASS B - 1 Baleira Constance B. Madeira 4:28:08 2 Whomper Alan Joseph 4:37:58 3 Eventyr Gordon Haaland 4:40:39 4 Lupine H. Benjamin McKinnon 5:01:57 Second Race sailed Sunday, July 30, 1995 1 Baleira Constance B. Madeira 2:34:39 2 Lifting Skirts Thomas T. Brown 2:43:18 3 Eventyr Gordon Haaland 2:43:39 4 Whomper Alan Joseph 2:53:39 5 Havoc Scott F. Richardson 2:57:10 Third Race sailed on Sunday, August 6, 1995 1 Eventyr Gordon Haaland 2:52:19 2 Lifting Skirts Thomas Brown 2:54:01 3 Full Cry Robert Crompton 2:54:18 4 Whomper Alan Joseph 3:05:26 5 Lupine H. Bejamin McKinnon 3:20:38 Fourth Race sailed on Sunday, August 27, 1995 1 Lifting Skirts Thomas Brown 3:07:03 2 Full Cry Robert Crompton 3:13:03 3 Whomper Alan Joseph 3:20:48 4 Matchless Bevin Cherot 3:22:37 5 Baleira Constance Madeira 3:51:50 Overall for the Series First Place: Thomas T. Brown Lifting Skirts Second Place: Constance B. Madeira Baleira 23 AUGUST SERIES International One-Design Class Place Yacht Skipper Adj. Points 1 Tundra David Rockefeller 11.75 2 Sprinter Jock Kohlhas 24.25 3 Auriga Harry R. Madeira, Jr. 34.00 4 Dram Christiaan I. van Heerden 36.75 5 Dark Star John H. J. Guth 41.00 6 Satin Doll Sydney Roberts Rockefeller 54.00 7 Acontia Sandro Vitelli 57.75 8 Puff Stephen B. Homer 59.00 9 Live Yankee Tom Fremont-Smith 60.00 10 Jack Rabitt John C. Henry, Jr. 64.00 11 Mischief William F. Dowling 73.00 12 Chibiabos Minturn V. Chace 74.00 13 Eagle Courtenay Jenkins 87.00 14 Allegro Prentice Strong III 89.00 15 Magic Bus Richard W. Homer 104.00 16 Woodie John T. Roberts 107.00 17 Hannah Dan Burt 112.00 18 Firefly Charles C. Butt 120.00 19 Silver Spray Malcolm E. Peabody 144.00 20 Shun-Li Arthur G. Gilkes 146.00 21 Cygnet Tom Takesian 149.00 22 Humlen Frederic C. Towers 155.00 23 Earl James Garnett 157.00 J-24 Class 1 Local Talent Thomas T Brown 3.75 2 Havoc Scott F. Richardson 9.75 3 Contumacious Edward Dysart 20.75 4 Panama Red Brian Ames 25.00 5 Whomper Alan Joseph 30.00 6 Saraband David L. Hopkins III 36.00 7 #314 Ryan Donough N/S J-22 Class 1 Polar Bear Stockton Smith 3.50 2 Loon II Henry T. Reath 4.75 Mercury Class 1 Meredith Reece 12.00 2 Ryan Brown 16.25 3 Augie Valenzuela 23.75 4 Team Hornefer 23.75 5 Andrew Joseph & Blair Brown 28.75 5 Team Vignos 35.00 LABOR DAY SERIES International One-Design Class Place Yacht Skipper Adj. Points 1 Sprinter Jock Kohlhas 4.50 2 Auriga William Smith 8.00 3 Eagle Courtenay Jenkins III 15.00 4 Tundra David Rockefeller, Jr. 16.00 5 Shun-Li Alexander Diana 17.00 24 LABOR DAY SERIES (cont'd) International One-Design Class Place Yacht Skipper Adj. Points 6 Dark Star John H.J. Guth 17.75 7 Acontia Alessandro Vitelli 22.00 8 Firefly Paul E. Gilbert 23.00 8 Satin Doll Sydney Roberts Rockefeller 23.00 10 Puff Stephen B. Homer 33.00 11 Chibiabos Minturn V. Chace 35.00 12 Magic Bus Richard W. Homer 38.00 13 Mischief William F. Dowling 41.00 14 Woodie John T. Roberts 42.00 15 Earl James Garnett 44.00 15 Allegro Prentice Strong III 44.00 17 Jack Rabbit John C. Henry, Jr. 47.00 18 Hannah Dan Burt 49.00 J-24 Class-J-22 Class 1 Local Talent Thomas T. Brown 2.25 2 Whomper Alan Joseph 8.00 3 Lazy Lightning William Welles 14.00 4 Loon II Henry T. Reath 15.00 5 Saraband David L. Hopkins III 17.00 Mercury Class 1 Phat Ryan Brown 3.50 2 8 Amory Loring 5.75 3 23 Blair Brown 10.00 4 7 Meredith Reece 11.00 TROLLPHY CUP Thomas T. Brown Trollphy Cup October 8, 1995 photo S. R. Rockefeller 25 SUMMER 1995 - JUNIOR SAILING RESULTS Optimist Class - Thursday Series (July) First Place: Ned Sears Second Place: Sam Gogolak Mercury Class - Friday Series July - Amory Loring and Stephen Gogolak August - Meredith Reece & Augie Valenzuela PARENT/CHILD RACES July 16, 1995 Adj. Points 1 Sarah Coffin and Henry Brauer 2.75 2 Margo and Charlie Hoppin 5.00 3 Ryan and Mia Brown 7.75 4 Ellie and Laurie Parker 9.00 5 Sam and Mazzie Gogolak 9.00 6 Sam and Verna Cocks 9.00 7 Emily and Ellie Andrews 13.00 August 20, 1995 1 Will and Gary Madeira 1.50 2 Ryan and Bob Brown 4.00 3 Blair and Mia Brown 6.00 4 Daphne and Lincoln Lyman 8.00 5 Sam and Alec Wheeler 11.00 5 Sam and Verna Cocks 11.00 7 John and Ron Carlson 12.00 8 Anna Kennedy and Sandro Vitelli 12.00 9 Max Caldwell and Janice Smith Murch 18.00 10 Emily and Ann Gralnek 20.00 W. BARTON EDDISON RACE July 23, 1995 Skippers - Stephen Gogolak and Sarah Coffin (Sailed on Acontia with Sam Gogolak, Grayson Smith and Sandro Vitelli onboard) PEGGY KENNEDY MEMORIAL JUNIOR CHAMPIONSHIP Andrew Humphrey and James Funk FREDERIC C. TOWERS, JR. MEMORIAL SEAMANSHIP CONTEST Amory Loring and Stephen Gogolak EFFIE DISSTON FRALEY AWARD FOR MOST IMPROVED SAILOR Sam Wheeler CAPTAIN'S ROWING AWARD July - Doug Compton August - Pippa Klipstein 26 Junior Awards 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 27 THE GEORGE DAVENPORT HAYWARD CUP RACE (cont'd) Year Boat Skipper Class 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 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 28 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 THE KEVIN P. MAHANEY AWARD 1995 E. Newbold Smith US SAILING SPORTSMANSHIP AWARD 1995 Ann and Arthur Gilkes Sailing Class Photo Patricia Gilbert 29 LIST OF YACHTS Power Craft Name Owner 2B Peter Godfrey Abrazos George B. E. Hambleton Amber R. Anderson Pew Aries Lindsay Herkness Bagpiper Bayard H. Roberts Bai Ji John H.V. Guth Birch Barque Michael Dennis Chouette Burnham Litchfield Cinchona Mrs. Harry R. Neilson, Jr. Digit Elliot Cohen Duck Soup Patrick R. Wilmerding Eastern Way Victor L. Drexel 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 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 Midnight F.A. Bourke, Jr. Morning Star Mrs. Jane S. Zirnkilton Night Hawk Robert L. Hinckley Ojibway Joseph G. Fogg, III Peregrine II Paul L. Miller Phantom Fitzgerald S. Hudson 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. Sun Song Curtis L. Blake Takeover Stockton A. Andrews Tartan David Rockefeller 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. Valport Frederic C. Towers 30 Sloops & Cutters No. Name Owner 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 21210 Full Cry Robert S. Crompton 13194 Gaylark Dr. Kaighn Smith 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 Mermaid Edwin F. Butler, Jr. Minstrel Patrick R. Wilmerding 1760 Narcissus Lawrence L. Reeve Niliraga II Charles H. Erhart, Jr. 1431 Oh Promise Me Dr. Wayne W. Wibby 59007 Painted Lady Robert M. Bass Piper Daniel Pierce 7 Plowhsares Elliot Cohen 11560 Quindaro David Hibbs Donnan Recess Robert F. McKown 666 Reindeer E. Newbold Smith Safari Charles P. Schutt, Jr. 42032 Shenandoah Francis N. Iglehart Sialia James M. Clark, Jr. 40067 Skerry Frank Lawson 40 Spring Moon David Rockefeller Stuart Little Philip G. Bennett Summer Song Penny J.S. Longmaid Tyee Charles D. Dickey, Jr. VS21 VM6 Robert Brown Windsong Thomas Reath, Jr. Whisper Henry F. Harris Schooners, Yawls & Ketches Cythera Dr. Paul J. Vignos, Jr. 5423 Daphne Howard L. Rich, Jr. Deux Belles John R. Robinson Jester Dr. Robert W. Tilney, Jr. Keewaydin Joseph G. Fogg III North Star Alan McIlhenny 31 Schooners, Yawls & Ketches No. Name Owner Norumbega Edward McC. Blair Rampant Frederick Taussig Restive George P. Denny III Rose Peter Godfrey 1734 Spanker Guy C. Heckman 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 Sprinter Jock Kohlhas 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 20 Magic Bus Richard W. Homer 21 Jack Rabbit 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 & Phil Fuller 30 Maren Earl Collier Soling Class 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 Welles 3153 Xanadu Howard & Robert W. Lapsley J-24 Class 3154 High Rustler Melville T. Hodder 3156 Walkabout Thomas R. Elkins 4048 Blitz Dr. William Grace 32 J-24 Class No. Name Owner 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 Robert M. Bass Demo Robert M. Brown 566 Loon Henry T. Reath 577 Polar Bear E. Newbold Smith Mercury Class 1 Phat 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 13 Arcturus N.E. Harbor Fleet 14 Sappho N.E. Harbor Fleet 15 XV Alan McIlhenny 22 Triton N.E. Harbor Fleet 23 Mischief N.E. Harbor Fleet 24 Madcap Thomas T. Brown 28 Bat III Thomas Kennedy 326 Cowabunga Rodman E. Thompson, Jr. 478 Elapsed Thomas D.C. Morris 496 Evermore William V.A. Welles 758 Southerly Leon A. Allen, Jr. 84 Shanti Mrs. Anne Mazlish 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 Mrs. Jane S. Zirnkilton 24 Triad Alexander Y. Goriansky Bullseye Class 15 Pamplemousse Isabelle Storey 19 Tar Baby Mrs. 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 V. A. Welles 33 Pages 34-50, the List of Members, have been removed to protect personal information. End of Summer photo S.R. Rockefeller